Trump's Attitude Toward Prediction Markets Softens, States the U.S. Cannot Be "Left Out"
April 28 – According to Cointelegraph, U.S. President Donald Trump softened his stance on prediction markets on April 28, just days after voicing his distaste for the sector. Speaking to reporters in Florida, Trump said, “Many other countries participate in prediction markets, and if the U.S. doesn’t join in, we’ll be left behind.” He noted that some “very sharp people” are fans of the product.
Earlier, on April 24, Trump had pushed back against prediction markets, criticizing that “the whole world has become a bit of a casino.” Today, platforms like Polymarket and Kalshi have seen a surge in usage, hitting a combined record $23.6 billion in trading volume in March. Donald Trump Jr., the president’s son, has invested in Polymarket (where he serves as an advisor) and also advises Kalshi. Additionally, Trump’s media company has teamed up with Crypto.com to roll out prediction market offerings on Truth Social.
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Binance will suspend token deposits and withdrawals on the Ronin Network to support the network migration
**Binance Update: Ronin Network Migration – Pause on Deposits/Withdrawals**
On April 28, official sources confirmed:
Starting around **14:00 UTC on May 12, 2026**, Binance will pause token deposits and withdrawals for the Ronin Network to support its scheduled migration.
The migration will take place at **block height 55,577,490** (approximately **15:00 UTC on May 12, 2026**).
Key details:
- Ronin Network token transactions will NOT be disrupted.
- Binance will handle all required technical requirements for users.
- Once the migration is complete and stable, Ronin token deposits/withdrawals will resume automatically—**no further notice will be issued**.
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Renaiss Protocol Platform Total Trading Volume Surpasses $10 Million; Over $5.68 Million Added in the Last 30 Days, Monthly Increase of Approximately 131.5%
**Renaiss Protocol Tops $10M Trading Volume on BNB Chain**
April 28th, 2025 – BNB Chain-based collectibles liquidity platform Renaiss Protocol has topped $10 million in total trading volume. Launched in beta in November 2025 with Trading Card Game (TCG) cards as its first use case, the platform hit this milestone in just 5 months.
Over the past 30 days, Renaiss has seen a trading volume increase of more than $5.68 million, posting a monthly growth rate of approximately 131.5%.
In terms of trading structure, the platform’s volume is primarily driven by on-chain pack openings and secondary market transactions. Pack-related trades remain the core entry point for activity, while secondary market volume has reached $2 million (accounting for ~23% of total volume) — a sign that a secondary circulation and liquidity cycle for physical collectibles has formed on the platform.
At the underlying mechanism level, Renaiss focuses on "third-party verifiable custody" via its proprietary
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WTI and Brent Crude Extend Gains to 2%
April 28 – International oil prices rallied sharply on Tuesday (April 28), with WTI crude’s intraday gain widening to 2.00% and last trading at $98.52 per barrel. Brent crude gained more than 2.00% intraday, currently at $103.90 per barrel, per data from Bitget.
### Notes on U.S. English adaptation:
1. **Date clarity**: Added "on Tuesday" (common in U.S. financial briefs to anchor the date)
2. **Verbs**: Used "rallied sharply" (more natural for U.S. market reporting than "surged rapidly") and "widening" (standard for tracking expanding gains)
3. **Tone**: Concise, active voice (matches U.S. news wire style)
4. **Attribution**: Placed "per data from Bitget" at the end (typical for U.S. financial briefs to prioritize key price info first)
5. **Pricing**: Used "last trading at" (common for real-time/intraday updates) and "currently at" (consistent with intraday context)
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Monad Official Twitter Account Frozen, Possibly a Victim of X Platform's Clean-Up Policy "Collateral Damage"
Per X Data, the official Monad Twitter account has been frozen as of April 28. There is currently no official explanation for the freeze, and neither the Monad team nor X has issued a formal statement.
Notably, X has recently conducted a large-scale cleanup in the Crypto/Web3 space targeting bot activity, spam, automated behavior, or inauthentic accounts. Many accounts have been impacted, including those of some memecoin projects and tool-focused accounts.
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Current mainstream CEX and DEX funding rates indicate that market sentiment for shorting is still strong
Bitcoin Falls Below $77k on April 28, CoinGlass Data Shows; Bearish Sentiment Persists in Funding Rates
As of April 28, Bitcoin has dropped below $77,000, per data from Coinglass. Current funding rates across major centralized (CEXs) and decentralized (DEXs) exchanges signal an overwhelmingly bearish market outlook.
A BlockBeats note clarifies: Funding rates are fees set by crypto exchanges to align perpetual contract prices with the underlying asset’s spot price. This mechanism facilitates fund exchanges between long and short traders—exchanges do not collect the fee themselves. It adjusts the cost or profit of position holders to keep contract prices close to the underlying asset’s value.
Key funding rate benchmarks:
- 0.01% = benchmark rate
- Above 0.01% = bullish sentiment
- Below 0.005% = bearish sentiment
(Note: The attached image includes specific funding rate figures.)
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