Day: May 1, 2026

Bitcoin Rejected At Key Cost Basis Zone—Is $68,000 The Next Support?

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On-chain analytics firm Glassnode has highlighted how the latest Bitcoin rejection came inside a zone containing some historically important cost basis levels. Bitcoin Could Find Support At -1 SD Of The STH Realized Price Next In its latest weekly report, Glassnode has talked about a key cost basis zone that Bitcoin retested recently. The region in question involves two major on-chain metrics: the Short-Term Holder Cost Basis and True Market Mean. The first of these, the Short-Term Holder Cost Basis, measures the average acquisition price of the short-term holders (STHs),…

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Ethereum Price Holds Losses Under $2,300, Recovery Momentum Still Weak

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Ethereum price started a fresh decline and traded below $2,250. ETH is now consolidating above $2,220 and might struggle to recover. Ethereum started a downside correction below the $2,265 zone. The price is trading below $2,280 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with support at $2,255 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,220 zone. Ethereum Price Faces Resistance Ethereum price failed to remain stable above $2,300 and started…

Bitcoin Price Recovery Near Resistance, Breakout Or Rejection Next?

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Bitcoin price started a recovery wave above the $76,500 zone. BTC is consolidating and might aim for more gains if it clears the $76,750 resistance zone. Bitcoin managed to form a base above $75,000 and started a recovery wave. The price is trading below $77,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $76,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $77,000 zone. Bitcoin Price…

US Senate Bans Members, Staff from Prediction Markets

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The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive information, from using prediction markets. The resolution, passed by unanimous consent, changed the Senate’s rules and took immediate effect.  “Engaging in any way in a prediction market or trying to place bets where we might have inside information deteriorates the confidence that our constituents have in us,” Republican Senator Bernie Moreno, who introduced the resolution, said on the Senate floor. “By changing the standing rules of the Senate, what we’re…

BITCOIN (BTC) TENTA MAIS ALTAS PARA SUPERAR AS RESISTÊNCIAS! VAI DAR CERTO?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ENTRE NA MINHA COMUNIDADE GRATUITAMENTE: ENTRE PARA O MEU GRUPO GRATUITO DO TELEGRAM SOBRE BITCOIN E CRIPTOMOEDAS: PEÇA O SEU CARTÃO DE CRIPTOMOEDAS KAST E GANHE $ 40 EM TOKENS: Eu uso a Quantfury para negociar com taxa zero e coloquem o código de convite BERNARDO: FALE COM NOSSO WHATSAPP OFICIAL: Bitcoin tenta fazer novas altas para superar as resistências mais importantes! Vamos fazer nossa análise completa do bitcoin (BTC), ethereum (ETH), Solana (SOL), cardano, LINK, hyperliquid, altcoins e criptomoedas! #bitcoin #btc…

Bitcoin ETFs See $490M in Outflows as Price Fails to Reclaim $78,000 Level

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Key takeaways: Spot Bitcoin ETFs saw $490 million in net outflows over three days, signaling a recent dip in institutional demand. Rising inflation is eroding real yields on fixed income, likely fueling long-term demand for scarce assets like BTC. Bitcoin (BTC) faced three consecutive days of outflows from US-listed spot exchange-traded funds (ETFs). The outflows coincided with a failed attempt to reclaim $78,000. Traders fear more downside, but heightened US inflation will likely act as a catalyst for further bullish momentum. US-listed Bitcoin spot ETFs daily net flows, USD. Source:…

Oobit Unveils Visa Agent Cards For AI Agent USDT Spending

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Crypto wallet startup Oobit has launched a Visa-supported virtual card for AI agents to make online purchases in USDT on behalf of businesses without human intervention. The Agent Cards are funded directly from stablecoin issuer Tether’s treasury, meaning no fiat on-ramp or conversions are needed for AI agents to top up USDt (USDT) balances and make online purchases, Oobit said on Thursday. The Tether-backed startup said the AI agents could use the cards to do anything from renewing a software-as-a-service subscription to topping up an advertising budget or even “spinning…

US Rep. Calls Bitcoin A ‘Geopolitical Weapon Used By Multiple Adversaries’

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Top US officials have increasingly placed Bitcoin (BTC) at the center of national security discussions, and Representative Lance Gooden says the change is more than just political rhetoric.  In comments reported Thursday, the Texas Republican argued that the largest cryptocurrency has become a “geopolitical weapon” being used—simultaneously, in his view—by multiple adversaries. Multi-Front Security Use Of Bitcoin Gooden’s remarks follow confirmation from Pentagon leadership. According to reporting by the TFTC agency, Secretary of War Pete Hegseth told him that the Department of Defense is actively involved with Bitcoin in classified…

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