Category: Bitcoin News

Bitcoin Price Weakness Grows, Traders Brace For Further Downside

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Bitcoin price started a fresh decline below the $76,500 zone. BTC is consolidating and might struggle to stay above the $75,000 support. Bitcoin failed to stay above $76,500 and extended losses. The price is trading below $76,200 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $76,500 and $77,200 levels. Bitcoin Price Dips Again Bitcoin price failed to stay…

Bitcoin price slips as daily MACD turns bearish at $76K

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Bitcoin is pulling back from the upper boundary of its ascending channel on Powell’s final FOMC day, with a daily MACD bearish crossover now confirmed and price retreating toward key SMA support. This article breaks down what the daily chart signals, where price could head next, and why the Fed transition to incoming Chair Kevin Warsh adds a fresh layer of uncertainty. Summary Bitcoin is trading at $75,834 on April 29, down 0.67% on the session, as a daily MACD bearish crossover confirms momentum is shifting. Price has pulled back…

Bitcoin’s August Hard Fork May Dwarf Every Previous Split Combined — Here’s Why

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Key Takeaways: Bitcoin’s August 2026 eCash hard fork will distribute 1:1 tokens to holders, including Strategy’s 818,334 BTC worth billions. Spot bitcoin ETFs holding over 1 million BTC are bound by prospectus language to handle forked assets in a specific manner. Paul Sztorc’s Drivechain-powered eCash chain faces its first institutional stress test, with custodians, boards, and the SEC all watching. Massive Bitcoin Fork Looms With Stakes Higher Than Ever Before The fork is called eCash, proposed by developer Paul Sztorc and targeted for activation near block 964,000. It is a…

Bitcoin Developers Are Not DOJ Targets, Blanche Says

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Acting Attorney General Todd Blanche and FBI Director Kash Patel told the Bitcoin 2026 Conference in Las Vegas on April 27 that Bitcoin developers who write code without knowingly helping third parties commit crimes will not be investigated or charged, marking the clearest public statement on developer liability from the nation’s top law enforcement officials since the Tornado Cash prosecutions began. Summary Blanche said the DOJ has “fundamentally changed the game” and that developers who are not knowingly helping users commit crimes are not going to be investigated or charged,…

Powell Keeps Fed Governor Role Past May 15 in First Such Move Since 1948 – Bitcoin News

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Key Takeaways: Powell holds a separate Governor term through January 2028, allowing him to stay on the Fed Board after May 15. The DOJ closed its criminal investigation into the Fed’s HQ renovation around April 24, 2026, but Powell said he is watching the remaining steps. Kevin Warsh cleared the Senate Banking Committee 13-11 on April 29 and is expected to be confirmed the week of May 11, 2026. Powell Breaks 78-Year Precedent, Holds Fed Governor Seat Beyond Chair Term Jerome Powell made the disclosure at the conclusion of what…

Bitcoin Swings $2,800 as Traders Dump at $77,882 Peak, Pushing Price Toward $75,100

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Key Takeaways: Bitcoin fell to $75,100 on April 29 after the Federal Reserve opted to leave interest rates unchanged. Bitunix analysts warn that rising oil prices may stifle future liquidity for BTC and the crypto economy. Jerome Powell tied the FOMC hold to Middle East tensions, as Brent crude returns to pre-ceasefire levels. Bitcoin’s Volatile Session Following Fed Decision It was another session of see-saw price action for bitcoin on April 29, as the leading digital asset swung from a base just above $76,000 to a peak of $77,800 before…

Federal Reserve Holds Interest Rates Steady at 3.5–3.75% – Bitcoin News

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Key Takeaways: The Fed voted 8–4 on April 29, 2026, to hold the federal funds rate at 3.5–3.75%, with Stephen Miran dissenting for a cut. The FOMC cited Middle East uncertainty and elevated inflation above the 2% target as key reasons to hold rates steady. Bowman, Kashkari, Logan, and Miran split on approach, signaling internal Fed divisions heading into the next 2026 meeting. Fed: No Change The FOMC’s April 29 decision was not unanimous. Eight members voted to hold, while four dissented for different reasons. Stephen I. Miran voted to…

Ripple Prime to plug into Bullish Bitcoin options as OKX backs RLUSD

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Ripple Prime will route clients into Bullish’s regulated BTC options while Ripple and OKX push RLUSD into compliant markets, extending Ripple’s $1.25b prime‑broker bet. Summary Ripple is expanding its partnership with Bullish to give Ripple Prime clients direct access to Bullish’s regulated Bitcoin options market. Bullish says its Bitcoin options venue is the world’s second-largest crypto‑settled BTC options market by open interest. Ripple and OKX are also partnering to bring RLUSD to compliant markets, as Ripple Prime scales institutional brokerage after a $1.25 billion prime‑broker acquisition. Ripple has expanded its…

AI Earnings Night Tests Bitcoin’s Correlation

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Amazon, Alphabet, Microsoft, and Meta all report Q1 2026 AI earnings after the close on April 29, with crypto traders tracking whether their combined $600 billion in planned 2026 AI capital expenditure is translating into commensurate revenue and cloud growth. Summary The four companies collectively plan to spend over $600 billion on AI infrastructure in 2026, with the central market question being whether that spend is producing measurable revenue acceleration. Bitcoin has risen in correlation with tech stocks and Nvidia this year, meaning a disappointing earnings cycle could hit crypto…

Brent Crude Climbs Above $115 as Trump Signals Longer Iran Naval Blockade – Bitcoin News

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Key Takeaways: Brent crude climbed above $115 per barrel on April 29 as Trump ordered preparations for an extended Iranian naval blockade. The IEA called the Strait of Hormuz shutdown the largest supply shock on record, with 20% of global oil flows halted. The Federal Reserve is expected to hold rates steady today, with Chair Jerome Powell’s comments on inflation risks in focus. Iran Blockade Fears Push Brent Crude Higher, Largest Increase Since June 2022 Brent, the international benchmark, climbed above $115 per barrel on Wednesday, the highest level since…