Bitcoin is trading at $78.3k as the first weekend of May opens. It has done something it has not managed since the cycle peak, which is closing above the 100-day MA and breaking out of a long-term descending channel that contained the entire bearish trend. The move comes alongside strong daily RSI readings, a successful
Anchorage Digital Bank has submitted a comment letter to the Office of the Comptroller of the Currency as U.S. regulators move forward with rules for stablecoin issuance under the $GENIUS Act. The letter comes as Anchorage prepares to support Western Union’s planned U.S. Dollar Payment Token, or USDPT, under a federally regulated issuance model. The
A freshly created wallet has withdrawn 1,051 bitcoin from Binance in a single move worth approximately $82.35 million, with analysts pointing to the transaction as a signal of deliberate accumulation. Key Takeaways: A new wallet pulled 1,051 $BTC worth $82.35 million from Binance, per Lookonchain. U.S. bitcoin ETFs recorded $630 million in net inflows on
Bitcoin derivatives markets are sending mixed signals Saturday as open interest climbs back toward $30 billion as options and futures traders hold positions across every major exchange. Key Takeaways: Binance leads all exchanges in $BTC futures open interest at 134,620 $BTC, while CME posted the strongest 24-hour gain at plus 6.16% on May 2. Deribit’s
CryptoQuant, a cryptocurrency analysis platform, issued a noteworthy warning in its latest assessment of the Bitcoin market. According to the analysis, despite the recent recovery in Bitcoin price, the fundamental problem is not the price itself, but rather the weakness in spot demand. According to the company’s data, the “apparent demand” metric is still in
22V Research Strategist Jordi Visser, a guest on Anthony Pompliano’s show, unveiled the behind-the-scenes story of the technological revolution and stock market records in global markets. According to Visser, the “historic highs” in the S&P 500 and Nasdaq point to a much deeper structural shift than previously thought. Visser, also speaking about Bitcoin’s recent sideways
Japan reportedly stepped into the currency market with roughly $35 billion of yen buying, sending the dollar down nearly 3% to 155.5. Bank of Japan (BOJ) money-market data imply that size is accurate. Once the Ministry of Finance’s monthly release confirms it, this would rank as Japan’s first official yen-support action in almost two years
Benjamin Cowen, one of the most respected technical analysis experts in the cryptocurrency world, painted a pessimistic but data-driven picture of Bitcoin’s future in his latest video. Cowen stated that Bitcoin’s correction phase following its peak of $126,000 in October 2025 is perfectly aligned with historical cycles. One of the most striking points in Cowen’s
Berkshire Hathaway’s Q1 operating earnings rose 18% to $11.35 billion from $9.64 billion a year earlier. Revenue came in at $93.7 billion, beating the $89.3 billion estimate, according to Dino Breaking News. Net income reached $10.1 billion, missing the $11.8 billion forecast cited in the same report. Berkshire Hathaway reported higher first-quarter operating profit as