Author: rb809rb

  • Top ministers quit after Peru’s president postpones F-16 fighter jet deal

    Top ministers quit after Peru’s president postpones F-16 fighter jet deal

    Two cabinet-level ministers in Peru have resigned after interim President Jose Maria Balcazar announced he would defer a decision to buy F-16 fighter jets from the United States company Lockheed Martin.

    Defence Minister Carlos Diaz and Foreign Minister Hugo de Zela cited their opposition to the move in their resignation letters on Wednesday.

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    “A strategic decision has been taken in the area of national security with which I have a fundamental disagreement,” Diaz wrote.

    The fighter jets have long been a source of controversy in Peru, where critics have questioned whether the purchase is a sign of deference to US President Donald Trump.

    Last week, the left-wing Balcazar — Peru’s ninth president in a decade — announced he would leave the decision about whether to invest $3.5bn in the purchase to the country’s next elected leader.

    Balcazar himself had only been in office since February, selected by Congress to replace the latest in a string of impeached presidents.

    Last week, he abruptly cancelled a signing ceremony for the F-16 deal, which would have seen an initial batch of 12 new planes added to Peru’s ageing air force. The country aims to acquire 24 jets overall.

    Balcazar explained he was not pulling out of the deal, but that he felt the next presidential administration should be involved in making such a hefty financial commitment.

    “For us to commit such a large sum of money to the incoming government would be a poor practice for a transitional government,” Balcazar said at the time.

    “We remain firm in respecting all agreements that may have been reached at the level of the armed forces, or in this case, with the relevant ministry of the air force, to carry out the corresponding negotiations.”

    His decision, however, was met with pushback, both domestically and from the US. The US ambassador to Peru, Bernie Navarro, responded on April 17 with a warning posted on social media.

    “If you deal with the U.S. in bad faith and undermine U.S. interests, rest assured, I, on behalf of
    [President] Trump and his administration, will use every available tool to protect and promote the prosperity and security of the United States and our region,” Navarro wrote.

    Critics of the deal, however, have argued that Peru has received more competitive offers from French and Swedish aircraft makers like Dassault Aviation and Saab AB, respectively.

    But Navarro on Wednesday denied that the US had been outcompeted. In a statement, he wrote that the “bid was made at a high level of competitiveness” and called the plane fleet “the most technically advanced fighter jets ever built”.

    He also denounced the delay as an unreasonable stoppage on a deal he characterised as already signed.

    “In planning the delivery of a product of this calibre, there is no such thing as an inconsequential delay,” he wrote.

    “Every delay results in significant costs. The same package cannot be available in a couple of months, or even weeks.”

    The decision to spend the $3.5bn on 24 fighter jets was made in 2024 under former President Dina Boluarte. The purchase was to be financed by $2bn in domestic borrowing in 2025 and $1.5bn in 2026.

    In September, the US Department of Defense approved a potential sale of F-16s to Peru.

    But Boluarte was removed from office in October, and her successor, Jose Jeri, lasted just four months in office before he too was impeached.

    The instability in Peru’s presidency comes at a time when the Trump administration is seeking greater influence over Latin America, as part of what the US president has called his “Donroe Doctrine”.

    Already, the Trump administration has pushed Peru to distance itself from Chinese investment. In February, for instance, it publicly protested against Chinese ownership in the Pacific port of Chancay.

    “Peru could be powerless to oversee Chancay, one of its largest ports, which is under the jurisdiction of predatory Chinese owners,” the Trump administration wrote in a social media post.

    “We support Peru’s sovereign right to oversee critical infrastructure in its own territory. Let this be a cautionary tale for the region and the world: cheap Chinese money costs sovereignty.”

    Just this week, one of Trump’s allies, Representative Maria Elvira Salazar, warned that the Chinese-owned port was a danger to the US.

    “That’s a direct threat in our hemisphere, right in the country of Peru,” she told a congressional committee. “For that reason, the new Peruvian government, which will be elected next June, must take it back.”

    She added that, if the Peruvian government responded accordingly, “the United States will help them under the Trump administration”.

    The country, however, is enmeshed in a messy presidential race replete with vote-counting delays and accusations of malpractice.

    Election experts have said there is no evidence of voter fraud. But the slow vote count has left the race’s outcome undetermined, more than a week after the ballots were cast on April 12.

    Right-wing leader and former First Lady Keiko Fujimori is all but assured of progressing to a run-off in June. But who will join her is uncertain.

    Left-wing Congress member Roberto Sanchez is currently in the lead in the race for second place, with 12 percent of the votes tallied, but far-right candidate Rafael Lopez Aliaga, a former mayor, is close behind with 11.9 percent. Lopez Aliaga has been a vocal supporter of the Trump administration.

    The final vote count for the first round of the election is expected to be delivered in May.

    Traditionally, Peru’s new president should be sworn in on July 28, the country’s independence day.

  • MemeCore (M) Price Soars 3% Despite Warning from ZachXBT

    MemeCore (M) Price Soars 3% Despite Warning from ZachXBT

    On April 22, MemeCore once again witnessed a spike of 3% on the daily chart, following a streak of green candles on the daily chart for three consecutive days.

    In the last 7 days, the cryptocurrency has soared around 60%, securing its place in the top 20 cryptocurrencies with the largest market capitalization. At the time of writing this, MemeCore is currently trading at around $4.52, with a spike of 3.29%, according to CoinMarketCap. The cryptocurrency holds a market capitalization of around $5.8 billion with a daily trading volume of $23.34 million.

    MemeCore Soars 3% as Token Price Reaches Fresh Daily Highs

    MemeCore M1.40% seems to be transitioning from a long consolidation phase to an expansion phase on both the 4-hour and daily timeframes. The recent breakout attempt suggests the presence of the pattern. It is expected to form a pennant or compression structure resolving to the upside direction.

    However, there are chances that the recent breakout may be a false alarm. In the memecoin sector, such breakouts rely on temporary hype. It means that if MemeCore fails to maintain this momentum and faces downward pressure, it would be a sign of a bull trap. This generally happens when prices clearly break high only to drop sharply later on to test range-bound conditions. At this level, the token trades between major support and resistance levels.

    According to the current price chart on TradingView, the relative strength index is sitting at around 53 on the 14-day timeframe. This indicator is telling that the cryptocurrency has strong upward momentum without entering into overbought levels at around 70. It also suggests that there might be a pullback if things go south.

    Moving averages are clearly giving buy signals, with the 10-period exponential moving average around $4.32. This is a near-term support while the 20-period simple moving average holds around $4.26.

    These indicators suggest that if the cryptocurrency soars above the $4.58, it might see further gains. On the other hand, if the cryptocurrency falls below $4.18, then it might test major lows.

    Bitcoin is trading at around $79,000, and this steady rise in the leading cryptocurrency comes with growing institutional adoption and Bitcoin exchange-traded fund inflows. This upward momentum has sparked a bullish sentiment across the entire crypto market.

    The memecoin sector reacted positively today to Bitcoin’s bullish momentum around $78,000. The MemeCoin Index has soared to 3.4% on sentiment returns, and alternative coins gained strength. The overall memecoin sector soared around 4% in the last 24 hours.

    MemeCore Holders Ignore ZachXBT Warnings

    The ZachXBT controversy has drawn attention to this project, though the token has shown resilience in the face of the claims. The popular on-chain sleuth has raised questions about the project’s valuation and alleged that insiders may control around 90% of the supply. He also mentioned suspicious fund flows linked to the Kraken listing.

    Despite these serious allegations, MemeCore has not responded, and it has continued to expand its ecosystem. Buyers have also ignored this warning and purchased the dip.

    Protocol revenue from trading fees on MemeMax and other ecosystem tools supports ongoing development without heavy reliance on external funding. The team is working on integrations such as cross-chain bridges and prediction market features.

  • Bitcoin (BTC) Closer to $80,000 Than $60,000 Again, Ethereum’s (ETH) $3,000 Recipe, Hyperliquid (HYPE) Bounce Triggered: Crypto Market Review

    Bitcoin (BTC) Closer to $80,000 Than $60,000 Again, Ethereum’s (ETH) $3,000 Recipe, Hyperliquid (HYPE) Bounce Triggered: Crypto Market Review

    With price action pushing into the high-$70,000s and positioning itself closer to $80,000 than a return to $60,000, Bitcoin is moving toward the upper end of its recent range.

    Following a severe correction earlier this year, Bitcoin has been able to stabilize and rebuild its structure, creating a sequence of higher lows that indicates a slow change in momentum. The price is compressing between rising support and a falling resistance line in the tightening formation depicted on the current chart.

    BTC/$USDT Chart by TradingView

    A breakout is quite usual for this kind of market patterns, and the most recent movements indicate that buyers are gaining ground.

    Bitcoin is testing a resistance range between $78,000 and $80,000 after regaining short-term moving averages. Technically speaking, the market is in a transitional stage. Longer-term moving averages are above price and serving as resistance, though the overall trend is still improving. Compared to earlier in the year, the recent bounce’s strength suggests that bearish pressure has considerably diminished.

    Momentum indicators

    RSI is rising, indicating persistent buying interest without yet hitting extreme levels that would indicate impending exhaustion. Additionally, volume has stayed comparatively steady during the recent increase, indicating that participation is not declining as the price gets closer to resistance.

    Whether Bitcoin can turn this recovery into a complete breakout is currently the key question. Further upside would probably result from a confirmed move above the $80,000 mark, since it would indicate a distinct change in the market’s structure and refute recent bearish trends.

    The bias is gradually shifting upward in the near future. Bitcoin’s position close to resistance indicates that the market is getting ready for a bigger move, and it is no longer clearly in a downward trend. The way the price responds at the current levels will determine whether that move happens right away or after another period of consolidation.

    Ethereum’s bullish potential

    After a protracted decline, Ethereum is steadily regaining strength, but a crucial prerequisite still stands in the way of a significant recovery.

    A short-term uptrend, with higher lows and consistent buying pressure on dips, is currently forming for the asset, which is trading in the $2,400 range. Although the worst of the recent decline may be behind it, the recovery is still uncertain according to this structural change.

    $ETH/$USDT Chart by TradingView

    The 100-day EMA is the defining level in this configuration. This moving average has served as steadfast resistance throughout the larger decline, thwarting several attempts at recovery. Ethereum is currently pushing straight into that level once more, making it the most significant technical barrier in the current market structure.

    The whole picture is altered if $ETH is able to break above the 100 EMA and stay there. That action would mark the beginning of a more sustainable recovery phase, after a corrective bounce. Practically speaking, it would make it possible to move on to higher resistance levels, with $2,700 and, ultimately, $3,000 becoming attainable goals.

    The current move is merely another rally within a larger bearish trend in the absence of that breakout. Prior to this test, there has been positive price action. Ethereum’s trendline is rising, indicating steady demand. Although it hasn’t yet reached the levels usually linked to strong breakout confirmations, volume has supported the move higher.

    Momentum indicators like RSI are rising but staying below extreme levels, so if resistance is broken, there is potential for more upside. The danger is still obvious, though. $ETH might return to the $2,200-$2,300 support range if the 100 EMA is not broken, which would probably lead to another rejection.

    The notion that sellers still have control over the longer time frame would be strengthened. The setup is straightforward. Ethereum’s comeback depends on regaining a particular structural level rather than gradual appreciation. The basis is the 100 EMA. If you break it, the goal is $3,000. Fail, and the market resets.

    Hyperliquid’s bounce fires up

    Following a recent decline, Hyperliquid is exhibiting a distinct recovery signal, with price action clearly rebounding from the $40 region and pushing back into an upward structure. The response at that point was not arbitrary. It confirmed that buyers are still actively defending the trend by aligning with rising moving averages and short-term support.

    Over the past few weeks, the larger setup has improved. Earlier this year, $HYPE moved from a downtrend to a base formation and has since developed a series of higher lows. Even after the most recent rejection around the mid-$40s, that structure is still in place. Price has reset and is still rising rather than collapsing, which is usually an indication of trend strength rather than weakness.

    Positioning in relation to moving averages supports the current move. After every decline, the price swiftly regains its position above short-term trend lines. The 200-day is no longer serving as a significant overhead barrier, and the 100-day average is flattening and starting to rise. This change implies that the general trend is progressively shifting in favor of buyers.

    The narrative of the bounce is strengthened by volume patterns. Selling pressure did not increase in response to the recent decline, and participation in the recovery has been consistent. This kind of volume profile is frequently seen in continuation setups, in which the market first consolidates before rising.

    The next critical level, where $HYPE was previously rejected, is in the $44-$46 range. A breakout above that range would confirm the trend and probably accelerate momentum. If resistance is removed, a move toward higher-than-expected levels becomes feasible, given the current structure.

  • ‘Summer House’ Star Ciara Miller Cast in ‘Dancing With the Stars’ Season 35

    Dancing With the Stars is returning for another season, and the ABC dancing competition’s first casting announcement is a headline-making one.

    Summer House star Ciara Miller and Maura Higgins (The Traitors, Love Island) are the first two celebrity cast members joining season 35. ABC announced the renewal and early castings on Wednesday during Hulu‘s Get Real House 2026 presentation, spotlighting the streamer and ABC’s unscripted slate.

    DWTS will return this fall on ABC and Disney+, streaming next-day on Hulu. The full cast of celebrities and pro dancers will be announced at a later date.

    Miller is a coup for DWTS and capitalizes on ABC’s long-running reality series enjoying a resurgence last season. After 20 years on the air, DWTS made a major comeback with season 34’s resurgent ratings and all-time high audience interaction that the show’s production team credited to boosts from TikTok and social media, as well as casting. The season also had its highest-performing finale in 10 years.

    Miller’s casting continues that trend, as the Bravo breakout who had already carved herself out as a fan-favorite is currently emerging from a scandal rocking the Bravosphere with a wave of audience support. All eyes have been on the stunning ICU-nurse-turned-model since she was blindsided by the newfound relationship between two of her co-stars: former best friend Amanda Batula and Miller’s ex-boyfriend, West Wilson. The Summer House scandal will be addressed during the currently airing season’s upcoming reunion, where Miller will be in attendance.

    There was speculation that Miller could be the next star of The Bachelorette. With that franchise on hold after scuttling its 22nd season with planned star Taylor Frankie Paul, DWTS has now swooped in with the stunt Bravo casting.

    Also on the heels of last season’s success, ABC announced on Wednesday that it’s expanding Dancing into a franchise with a new competition series set around aspiring pro dancers.

    Dancing with the Stars: The Next Pro, hosted by season 34 winner Robert Irwin, will move 12 up-and-coming dancers into one house where they will compete in “a grueling audition process” to earn a spot as a pro dancer on season 35. Three-time DWTS champion Mark Ballas and his mother, Shirley Ballas, are the judges, with returning pros (to be announced at a later date) who will rotate in as mentors and guest judges.

    That series will air this summer, premiering July 13 at 8 p.m. on ABC, streaming next day on Hulu.

    Miller has appeared on Summer House for five consecutive seasons; she also starred on NBC’s The Traitors season three, in addition to her modeling career and red-carpet hosting. Global talent Higgins is also enjoying a cultural moment following her runner-up finish on The Traitors season four. The Love Island star was the first U.K. islander to cross into the U.S. series, hosting Love Island USA: Aftersun and Love Island Games: Aftersun.

    Irwin, known as a passionate wildlife conservationist, is the most recent Len Goodman Mirrorball Champion. Ballas’ career as a performer spans television, Broadway, dance and music. He was a breakout pro on DWTS for more than a decade, nabbing an Emmy for best choreography. He also appeared in The Traitors season four. Mom Shirley is a champion ballroom dancer, world-renowned dance teacher and the head judge on BBC1’s Strictly Come Dancing.

    DWTS is produced in front of a live audience by BBC Studios. Dancing with the Stars: The Next Pro, also produced by BBC Studios, has Conrad Green as showrunner and executive producer. Ryan O’Dowd, Krystal Whitney, Alex Cross and Jenny Groom are also executive producers, with co-executive producers Deena Katz and Quinn Lipton.

  • Khloé Kardashian Is Executive Producing a Hulu Reality Show About Her Friends

    Khloé Kardashian is getting a(nother) new reality series, but she’ll stay mainly off-camera for this one.

    Kardashian is executive producing a new Hulu reality show, The Girls, which is set to premiere this year. The series will follow her “inner circle of real-life besties,” per Hulu. These besties are “raising babies, running businesses and surviving brutally honest group chats.” God Bless them. The series will include “surprise proposals” and “solo parenting,” as well as “glam getaways” and “growing pains.”

    Kardashian will appear in the episodes but isn’t a part of the main cast, The Hollywood Reporter understands.

    The Girls are comprised of Natalie Halcro (@nataliehalcro), Khadijah Haqq (@foreverkhadijah), Malika Haqq (@malika), Yris Palmer (@yrispalmer), Olivia Pierson (@oliviapierson) and Nicole Williams English (@justnic). It looks like Hulu wants you to follow them on Instagram, so do it or don’t.

    “The chaos is couture — and the bonds are unbreakable,” the tagline reads.

    The Girls is executive produced by Kardashian, Julie Pizzi, Farnaz Farjam, Nicole Blais and Lauren Goldstein. The series is produced by Bunim/Murray Productions, part of Banijay Americas.

    In completely-separate-but-close-enough news (per me), Blink-182 drummer Travis Barker is getting a Hulu documentary titled Travis Barker: Louder Than Fear, which will premiere this summer. Both projects were announced on Wednesday during Hulu’s Get Real House 2026 presentation, spotlighting the streamer and ABC’s unscripted slate.

    “After surviving a devastating plane crash that nearly took his life, legendary and electrifying drummer Travis Barker embarks on a raw and redemptive journey,” the synopsis begins. “Once a trash collector in Laguna Beach, his life changed when he stepped in as a replacement for Blink-182’s drummer — igniting a meteoric rise that would make him the driving pulse of a generation. Yet beneath the spectacle of fame, the film reveals a complex man battling pain, grief and the thin line between survival and surrender.”

    “This is the story of the man behind the tattoos,” it concludes. “A tribute to those who keep going when the music almost stops.”

    Travis Barker: Louder Than Fear is produced by Media Weaver Entertainment. The project is directed by Justin Krook and Michael Dwyer and produced by Matthew Weaver and Nick Stern. Executive producers include Lawrence Vavra and John Janick. 

  • Live Updates: 2026 NBA Playoffs, R1 | Magic-Pistons starts our ESPN doubleheader

    Live Updates: 2026 NBA Playoffs, R1 | Magic-Pistons starts our ESPN doubleheader

    Tobias Harris and the Detroit Pistons are hosting the Orlando Magic in Game 2 of their 2026 NBA Playoffs first round series on ESPN.

    Check out the best of Wednesday’s action with the NBA.com live blog, as the 2026 NBA Playoffs continue.

    Our slate begins with Paolo Banchero’s Magic seeking to take a commanding 2-0 lead by defeating Cade Cunningham’s Pistons on the road in Detroit (7 ET), followed by Shai Gilgeous-Alexander’s Thunder taking on Devin Booker’s Suns in the nightcap (9:30 ET).

    Both games will be broadcast on ESPN.


    APRIL 22, 2026 / 7:58 ET

    Suggs going off

    Jalen Suggs (10 pts, 5 reb, 4 ast) is rallying the Magic, who are down 33-30 with 6:46 to go in the second quarter.

    Orlando was 34-23 with the point guard from Gonzaga this season, compared to 11-14 without him.


    APRIL 22, 2026 / 7:41 ET

    Pistons lead 25-21 after one

    Coming off a 39-point outing in Game 1, Cade Cunningham (9 pts, 3 reb, 2 ast) has it going again.

    Jalen Suggs (7 pts) is the top scorer for Orlando so far.


    APRIL 22, 2026 / 7:23 ET

    Pistons have the crowd roaring

    Detroit’s 6-of-10 to start the game, with a Duncan Robinson 3-pointer and Tobias Harris fast-break jam sending the Magic to a timeout in the early going.

    14-7 Pistons with 6:42 to go in the first quarter.


    APRIL 22, 2026 / 6:30 ET

    Cade Cunningham and the Detroit Pistons host the Orlando Magic in Game 2 of their 2026 NBA Playoffs first round series on ESPN.

    All stats from Sunday’s Game 1, which the Magic won 112-101.

    Orlando:

    • PG Jalen Suggs (16 pts, 4 reb, 4 ast)
    • SG Desmond Bane (17 pts, 6 reb, 5 ast)
    • SF Franz Wagner (19 pts, 5 reb)
    • PF Paolo Banchero (23 pts, 9 reb)
    • C Wendell Carter Jr. (17 pts, 7 reb, 5 ast)

    Detroit:

    • PG Cade Cunningham (39 pts, 5 reb, 4 ast)
    • SG Duncan Robinson (9 pts, 3 3PM)
    • SF Ausar Thompson (8 pts, 7 reb)
    • PF Tobias Harris (17 pts, 6 reb)
    • C Jalen Duren (8 pts, 7 reb)

    Keep an eye on Isaiah Stewart off the Pistons’ bench — he was a team-high +6 in their Game 1 loss, and could help slow down Paolo Banchero.


    APRIL 22 / 6:15 ET

    Tonight’s injury report

    Jonathan Isaac is out for Orlando.

    Grayson Allen, Mark Williams and Jordan Goodwin are questionable for Phoenix. Thomas Sorber is out for Oklahoma City.

  • Trump calls Virginia election ‘rigged’ after redistricting referendum

    Trump calls Virginia election ‘rigged’ after redistricting referendum

    United States President Donald Trump has claimed that the Virginia election was “rigged”, without providing evidence, after voters narrowly approved a referendum to redraw the state’s congressional map.

    With most ballots counted on Tuesday, the measure passed by a slim margin, 51.45 percent voting in favour and 48.55 percent against, a result that could significantly reshape Virginia’s representation in the US House of Representatives and potentially benefit Democrats.

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    Trump’s comments came after the result on Wednesday, with the outcome expected to face legal challenges.

    “A RIGGED ELECTION TOOK PLACE LAST NIGHT IN THE GREAT COMMONWEALTH OF VIRGINIA!” Trump wrote in a post on TruthSocial.

    “All day long Republicans were winning, the Spirit was unbelievable, until the very end when, of course, there was a massive ‘Mail In Ballot Drop!’ Where have I heard that before – And the Democrats eked out another Crooked Victory! Six to five goes to ten to one, and yet the Presidential Election in November was very close to a 50-50 split,” he continued.

    Trump has made similar claims without evidence since the 2020 presidential election, when he lost to Joe Biden. Courts and election officials have confirmed the results.

    Part of a broader political battle

    The Virginia result is being closely watched nationally, as both Democrats and Republicans seek to shape congressional maps before the upcoming midterm elections.

    Redistricting – the process of drawing electoral boundaries – can directly influence which party wins seats in the US House.

    Democrats have framed the move as a way to counter Republican-led efforts in other states to redraw maps in their favour. Republicans, meanwhile, argue the process in Virginia raises concerns about fairness and transparency.

    The result could still face legal scrutiny. Courts are expected to review challenges to the referendum’s introduction and wording to determine whether it was clear to voters.

    Opponents argue the measure may not have followed proper procedures and that the ballot language could have been misleading.

    Virginia’s Supreme Court previously allowed the vote to proceed but indicated it could revisit these issues if the measure passed, leaving the outcome uncertain.

    Trump also criticised the referendum wording, saying he “had no idea what … they were talking about” and urging courts to intervene.

    Redistricting usually follows the national census every 10 years, but Trump last year urged Republican-led states to redraw maps mid-decade to protect the party’s fragile House majority. That triggered a tit-for-tat contest as both parties raced to squeeze out an extra advantage before November.

    Control of the US House depends on winning at least 218 seats, the simple majority needed in the 435-member chamber.

    “Democrats are on the cusp of the magic number of 218 in our ratings,” Kyle Kondik, managing editor at Sabato’s Crystal Ball at the University of Virginia Center for Politics, said in a statement sent to Al Jazeera.

    “However, there are other dominoes that might fall on redistricting, most notably in Florida, where Republicans are meeting in a special legislative session next week and may try to squeeze additional seats out of that state,”  he added.

    Democratic-backed organisations invested heavily in the contest, turning it into one of the costliest battles over electoral maps in the US.

    Spending on both sides has approached $100m, with a large share coming from so-called “dark money” groups, nonprofit entities that can channel significant funds into political campaigns without revealing their donors.

    Virginia election results
    Virginia election results
  • ‘Dancing With the Stars’ Renewed for Season 35; Maura Higgins and Ciara Miller Set as First Celebrity Contestants

    ‘Dancing With the Stars’ Renewed for Season 35; Maura Higgins and Ciara Miller Set as First Celebrity Contestants

    Dancing With the Stars” is back for its 35th season — and it’s leaning into the women who may have been wronged by men on reality TV.

    The ABC reality competition series will return in the fall, they announced during the Get Real event on Wednesday. The first two cast members were revealed to be Maura Higgins, best known for her appearances on “The Traitors” and “Love Island,” and Ciara Miller, star of “Summer House.”

    Their partners and the full cast list will be announced at a later date.

    Higgins finished in second place on the latest season of Peacock’s “The Traitors” after she was blindisded by her best friend in the game, Rob Rausch, and he revealed he was a Traitor to win the game. Before competing, she became known for her part on “Love Island.” After participating in Season 5, she made history as the first UK cast member to cross into the U.S. series as host of both “Love Island USA: Aftersun” and “Love Island Games: Aftersun.”

    Miller is a former ICU nurse who also competed on “The Traitors,” one season before Higgins. However, she is best known for her role on Bravo’s “Summer House,” a show she’s appeared on for the last five seasons. She’s made headlines as of late after it was revealed that her best friend, Amanda Batula, was in a relationship with her ex, West Wilson.

    “Dancing with the Stars,” produced by BBC Studios, had a record-breaking Season 34, ending in the show’s best season finale in 10 years, with 72 million votes. The series averaged 10 million total viewers with nearly half a billion votes across the season.

    Alfonso Ribeiro and Julianne Hough will return as hosts while Derek Hough, Carrie Ann Inaba and Bruno Tonioli will serve as judges.

  • Massive HYPE outflows signal supply shock: So why is price still struggling?

    Massive HYPE outflows signal supply shock: So why is price still struggling?

    A major whale withdrew 40,000 $HYPE worth $1.64M, pushing total holdings to 324,557 $HYPE valued at $13.28M.

    This move reflected continued accumulation rather than distribution. Repeated withdrawals from Gate reinforced a pattern of capital moving off exchanges.

    As a result, available supply on trading platforms declined steadily. This behavior suggested long-term positioning instead of short-term speculation. In addition, the scale of accumulation highlighted strong conviction from large holders.

    However, price did not expand alongside this activity, indicating that demand had not matched the supply shift.

    Netflows flip positive as inflows return

    Spot flow data showed a positive netflow of $4.07M, indicating that tokens moved into exchanges, not out.

    This shift marked a clear change from prior periods dominated by heavy outflows. Earlier phases showed sustained negative netflows, which reduced sell-side pressure.

    However, the recent inflow suggested that some holders began positioning for potential selling or redistribution.

    As a result, exchange supply increased in the short term. This weakened the earlier supply-tightening narrative driven by whale accumulation.

    Although inflows did not yet dominate the broader trend, they introduced new sell-side risk. This transition reflected a more balanced environment, where supply was no longer consistently shrinking.

    Source: CoinGlass

    $HYPE stalls at $44 as support gets tested

    Price reached $44 resistance and faced rejection, then declined toward $40.64 while holding above $39.74 support.

    The ascending trendline continues to act as dynamic support, preserving the higher low structure.

    This keeps the broader trend intact for now. However, repeated rejection near resistance showed that buyers failed to sustain upward pressure.

    Price now trades within a tightening range between resistance and support. If the price breaks below $39.74, the downside would likely extend toward $35.29.

    On the other hand, if buyers regain control, price could retest the $44 resistance zone. The trendline remains the key level defining short-term structure. .

    DMI readings showed +DI at 18.60, -DI at 20.65, and ADX at 24.23, indicating a shift in control. Sellers moved ahead of buyers, reflecting weakening bullish strength.

    At the same time, ADX remained below strong trend thresholds, suggesting reduced directional intensity. This condition pointed to a cooling phase rather than a confirmed reversal.

    Source: TradingView

    Shorts increased exposure as funding turned negative

    The OI-Weighted Funding Rate dropped to -0.0013%, signaling a shift in derivatives positioning. Traders increasingly favored short exposure, as shorts paid to maintain positions.

    Earlier phases reflected positive funding, which aligned with bullish sentiment. However, the recent flip indicated rising skepticism toward further upside.

    Funding oscillated frequently between positive and negative values, highlighting unstable conviction. This behavior suggested that traders remained uncertain about direction.

    As a result, derivatives positioning did not fully support spot accumulation trends. The divergence between spot outflows and bearish funding added complexity to the structure.

    Source: CoinGlass

    Can whales drive a breakout?

    Whale accumulation reduced supply earlier, but recent inflows increased exchange balances. This shift showed that supply was no longer tightening consistently.

    If demand strengthens enough to absorb incoming tokens, $HYPE could attempt another move toward $44.

    However, if inflows continue building, price would likely remain capped or drift toward $39.74, with deeper downside still possible.


    Final Summary

    • Whale accumulation reduced supply earlier, but recent inflows increased exchange sell pressure.
    • Price stalled below resistance as market structure weakened and demand failed to absorb supply.
  • SEC Faces Mounting Pressure to Turn DeFi Guidance Into Formal Rules

    SEC Faces Mounting Pressure to Turn DeFi Guidance Into Formal Rules

    Industry participants are urging the U.S. Securities and Exchange Commission (SEC) to formalize its crypto guidance on decentralized tools, arguing clearer rules would reduce uncertainty and better align oversight with blockchain infrastructure.

    Key Takeaways:

    • Over 30 crypto industry participants urged SEC to formalize DeFi guidance.
    • Regulatory ambiguity around SEC broker rules threatens blockchain innovation.
    • Commissioner Hester Peirce backed rulemaking to align SEC policy with DeFi.

    Crypto Industry Participants Press SEC to Formalize DeFi Guidance

    The crypto industry is urging the U.S. Securities and Exchange Commission (SEC) to turn recent guidance on decentralized tools into formal rules, a move supporters see as positive for long-term blockchain development. On April 21, DeFi Education Fund and over 30 organizations submitted a letter backing the agency’s position on certain crypto transaction interfaces while pressing for a formal regulatory framework that would provide lasting clarity.

    The coalition supported the regulator’s distinction on non-custodial tools, arguing that these interfaces serve as technical infrastructure rather than transaction intermediaries. DeFi Education Fund, a U.S.-based advocacy group, organized the response, while the other firms and organizations signed on as independent supporters. The position also aligns with Commissioner Hester Peirce’s broader push for modernized broker definitions that reflect crypto market structure. The letter stated:

    “We therefore respectfully urge the Commission to build upon the Statement through notice-and-comment rulemaking.”

    “Specifically, the Commission should consider adopting a principles-based framework that provides clear, objective criteria for when activity falls within the definition of ‘broker,’ iterating on the criteria in the Statement,” the letter added.

    Commissioner Peirce reinforced this direction in separate remarks, calling for a permanent overhaul of broker-dealer rules to better align with decentralized technologies. She emphasized that legacy definitions risk misclassifying software providers and infrastructure participants, signaling the need for a durable framework that reflects current crypto market realities. Her position adds weight to the industry’s argument that formal rulemaking, rather than guidance, is essential for long-term regulatory clarity.

    Formal Broker Framework Seen as Key to DeFi Expansion

    Rulemaking is central to the group’s argument because Staff guidance does not carry the same durability as a formal rule. The letter pointed to continuing debate over how the term “broker” should apply in decentralized markets and argued that infrastructure providers, including validators, data services, and communications networks, should be distinguished from entities that actively intermediate transactions. The signatories warned that regulatory ambiguity could chill blockchain development and reduce efficient market access for investors.

    The letter closed with a forward-looking appeal for a more stable, technology-neutral approach. The coalition wrote:

    “We are hopeful that formalizing the principles in the Statement into a durable, technology-neutral regulatory framework would provide lasting clarity and reinforce the approach outlined by the Staff, and we look forward to providing additional, detailed commentary in the future.”

    In the group’s view, codifying the SEC’s position would reduce uncertainty, limit future reinterpretation, and provide a stronger foundation for decentralized finance development.