BlockBeats reported that Bitcoin slipped below $77,000 on April 28 after U.S. spot Bitcoin ETFs posted a $263.2 million net outflow on April 27, breaking a nine-day streak of net inflows. The reversal comes ahead of this week's FOMC meeting, tempering what had been a resilient rebound through April. Despite the day's pullback, Bitcoin is still up about 15% over the past month and briefly touched $79,000 in April. The pause in ETF inflow momentum stands out as markets head into a macro-heavy week, with investors weighing the Federal Reserve's path, renewed inflation worries, GDP data, earnings from major tech firms, and additional rate decisions from central banks in Europe and Asia. BRN Research Director Timothy Misir said crypto entered the week with encouraging momentum, but the number of competing forces makes it hard to call the move a straightforward risk-on rally. He added that investors are showing signs of "war fatigue" over the Middle East, while central banks juggle supply-driven inflation against fading confidence and uneven data. Glassnode echoed the cautious tone in its latest Weekly Pulse report, describing Bitcoin as a blend of bullish momentum, wary sentiment and consolidation, with strong buying pressure offset by softer speculative participation and lower trading activity. QCP Capital said April still delivered a meaningful rebound and the broader outlook remains constructive, though it flagged $82,000 as a key level, with a nearby CME gap seen as the next major test. Andy Baehr, Managing Director at GSR Asset Management, said prices are trending "upward gradually" and called $80,000 a key psychological marker.

Bitmine has staked an additional $214 million in ETH, according to Arkham data cited by Odaily Planet Daily. The firm now holds about $8.45 billion worth of staked ETH, representing roughly 9.5% of the network's total staked ETH.

Block, led by Jack Dorsey, bought 114 Bitcoin in the first quarter, lifting its corporate treasury holdings to 8,997 BTC, valued at roughly $691 million. Including customer funds, the company holds a total of 28,355 BTC worth approximately $2.2 billion.

Bitcoin slipped below $77,000, while U.S. spot Bitcoin ETFs posted a net outflow of $263.2 million, ending a nine-day run of net inflows, according to Huo Xing Finance. The reversal comes ahead of this week's Federal Reserve FOMC meeting, tempering what has otherwise been a resilient rebound in April. Despite the day's pullback, Bitcoin is still up about 15% over the past month and notched an early-April high near $79,000. The pause in ETF inflow momentum is drawing attention as markets head into a macro-heavy week featuring the Fed's policy signals, renewed inflation worries, GDP releases, earnings from major technology companies, and additional rate decisions from central banks across Europe and Asia. Timothy Misir, BRN's Research Director, said the crypto market started the week with encouraging momentum, but competing forces make it hard to frame the move as a straightforward risk-on rally. He added that investors appear to be showing "war fatigue" on the Middle East backdrop, while central banks face the challenge of balancing supply-driven inflation against softening confidence and mixed data. Glassnode struck a similar tone in its latest Weekly Pulse, describing Bitcoin as sitting in a mixed phase of "bullish momentum, cautious sentiment, and consolidation." The firm said strong buy-side pressure is being offset by weaker speculative participation and lower overall trading activity. QCP Capital said Bitcoin has still delivered a solid April rebound and that the broader market structure remains constructive, while flagging $82,000 as a key level, with a nearby CME gap seen as the next major test. Andy Baehr, Managing Director of Asset Management at GSR, said prices are edging "gradually higher," with $80,000 remaining an important psychological threshold.

On-chain analyst Aunt Ai reported that a wallet linked to Galaxy Digital's OTC activity (0x16F6d15381bEE4A25B25F0d1C4161b78f7F21Fde) sent a total of 21,400 ETH to cryptocurrency exchanges over the past 24 hours. The transfers were valued at about $49.3 million, implying an average deposit price of $2,307.34 per ETH.

BlackRock is integrating its $2.5B tokenized money market fund into the OKX cryptocurrency exchange ecosystem. The partnership will let OKX users access institutional-grade yield directly on the $OKX platform, linking traditional Treasury-based assets with retail liquidity. The rollout follows the rapid growth of BlackRock's $BUIDL, which has emerged as a leading tokenized government bond fund. The OKX integration expands distribution of low-risk, yield-bearing products to a global base of digital-asset traders.

US President Donald Trump signed an executive order shortly after taking office directing the establishment of a National Strategic Bitcoin Reserve by March 2025. No formal moves toward a strategic Bitcoin (BTC) reserve have been announced since, though the administration now appears poised to provide an update. Patrick Witt, Executive Director of the White House Digital Assets Advisory Council, said at the "Bitcoin 2026" conference in Las Vegas that work is underway to implement and reinforce Trump's Strategic Bitcoin Reserve initiative. Speaking at the event, Witt said a major announcement is expected in the coming weeks, adding that the team is defining the mechanisms needed to safeguard digital assets such as Bitcoin carried on the state balance sheet. Witt also indicated that progress on the initiative could be followed by legal and regulatory steps, and said the administration expects to take a significant executive action in the near term. The executive order envisions a reserve backed by Bitcoin and other digital assets seized by the government through criminal or civil proceedings. The plan targets roughly 200,000 BTC obtained via enforcement actions for use as a national reserve asset. This is not investment advice.

CoinDesk calls April 29 the year's busiest trading day, with three market-moving events packed into a single session. At 10:00 a.m. local time, the Senate Banking Committee is set to vote on Kevin Warsh's nomination as Jerome Powell's successor. At 2:00 p.m., the Federal Open Market Committee releases its policy statement—Powell's last as Fed chair. After the close, Microsoft, Alphabet, Meta and Amazon report first-quarter results. Positioning going in is distinctly optimistic. CME FedWatch implies near-100% odds the Fed holds rates steady. The Nasdaq ended last week at a record high. About 82% of companies reporting this season have beaten expectations. The risk is that all three pillars lean on the same assumption: the Fed can keep "looking through" $108 oil and leave the rate path intact, allowing big-tech valuations—around 25x forward earnings—to hold. A hawkish tilt from Powell, or a visible crack in any major tech print, could force a rapid repricing. Powell's final message Powell's legacy largely hinges on one point: protecting the Fed's policy independence through the most difficult inflation stretch in decades. Any sign in his farewell statement that he is bending to markets or politics would be judged more harshly than a typical policy error. The optics matter even more with the Senate advancing his successor the same day. After his Capitol Hill testimony, Powell said he would "maintain independence" and would not serve as Trump's "megaphone." Those lines will be read alongside the successor process, leaving little room for him to appear soft. This is the April meeting with no new dot plot and no updated economic projections, concentrating the signal into statement language and the press conference Q&A. With Brent crude near $108, investors will focus on how Powell frames oil-driven inflation risk. The March statement noted that "the impact of the Middle East situation remains uncertain," language that could be strengthened. Markets are less interested in whether cuts are coming soon than in whether Powell labels higher energy prices a "temporary supply shock" or stresses that "upside inflation risks persist." The 2-year Treasury yield is likely to deliver the quickest verdict. AI spending meets an earnings test Over the past two years, the "Mag 7" story has been straightforward: spend aggressively on AI infrastructure and ask investors to wait for payoff. This round of results begins to test that narrative in real time. Combined AI-related capital spending by Microsoft, Google, Meta and Amazon has now topped $300 billion. The market's checklist has been consistent—earnings first, cloud growth next, monetization proof last. With results arriving, the key question is how much of that spend is turning into revenue. Many near-term beats are already expected and largely priced in. What will move the stocks is forward guidance and the tone of commentary on future spending and payback timelines. Where the earnings call risk concentrates The four-company cluster does not distribute risk evenly. Microsoft is likely to take the first and hardest look. Azure growth expectations sit around 38%. Simply meeting that number may not satisfy investors; they want tangible revenue contribution from Copilot for enterprise as the clearest validation of Microsoft's two-year AI thesis. Q2 guidance below 36% would read as negative; above 40% would qualify as a genuine upside surprise. Alphabet faces a different challenge. Google Cloud is expected to grow 49.6%, the most demanding growth bar among the group, while Gemini's commercialization has not yet produced clear financial disclosure. The market is looking for monetization evidence in dollars, not product demos. A cloud beat without a convincing Gemini revenue signal could land softer than bulls hope. Amazon must defend momentum at AWS. Last quarter AWS grew 24% and AI services were running at more than $15 billion in annualized revenue. A growth rate slipping below 20% would likely become one of the season's key sentiment inflection points. Meta appears to carry the most "dangerous" call risk. The room to maneuver on revenue and EPS is limited, leaving the spotlight on its $135 billion annual capex plan. Mark Zuckerberg is effectively required to re-justify that spend each quarter: it is necessary, the return path is visible, and the timeline is credible. Any language implying the company is "continuously evaluating based on market feedback" could be read as wavering. In recent quarters, even slight hesitation on capex wording has triggered weak after-hours reactions. The one-company miss problem With four megacaps reporting the same day, investors also face an untested setup: if one name disappoints, does strength from the other three offset it, or does the miss expand into a broader challenge to the AI investment narrative? That divergence risk does not appear fully priced. A tight timeline, thin hedges The day's information flow is sequential. At 2:00 p.m., the statement hits first, and the 2-year Treasury will act as the fastest thermometer, with an initial market verdict likely within minutes. At 2:30 p.m., Powell's press conference becomes the densest information window, with markets parsing whether he emphasizes "upside inflation risks" or "transitory supply shocks." After the close, attention shifts quickly to Microsoft's Azure Q2 guidance and Meta's capex commentary—arguably the most surprise-prone moments of the earnings season. With the VIX near 18, options protection looks thin. Any negative catalyst could accelerate drawdowns. The highest-risk scenario is a hawkish Powell layered with weak guidance from any one of the Mag 7. If both the Fed and AI narratives wobble at once, the reaction could be sharper than either shock on its own—because it would signal that today's optimism rests on a narrowing foundation.

Block, the financial technology company led by Jack Dorsey, said it held $2.2 billion worth of Bitcoin in its first-quarter proof-of-reserves report.