Analyst Says XRP Diamond Pattern Points to Major Breakout
• EGRAG Crypto's analysis suggests XRP could reach between $183 and $300 over time due to a rare "macro diamond" pattern, with a near-term trigger at $1.50.
• Other analysts, like ChartNerd, propose more conservative targets of $8, $13, and $27, predicting a potential drop to 70-90 cents before any significant recovery.
• Despite recent market fluctuations, short-term data indicates minimal bearish pressure on XRP, suggesting a gradual upward momentum may continue.
https://cryptopotato.com/analyst-says-xrp-diamond-pattern-points-to-major-breakout/
• EGRAG Crypto's analysis suggests XRP could reach between $183 and $300 over time due to a rare "macro diamond" pattern, with a near-term trigger at $1.50.
• Other analysts, like ChartNerd, propose more conservative targets of $8, $13, and $27, predicting a potential drop to 70-90 cents before any significant recovery.
• Despite recent market fluctuations, short-term data indicates minimal bearish pressure on XRP, suggesting a gradual upward momentum may continue.
https://cryptopotato.com/analyst-says-xrp-diamond-pattern-points-to-major-breakout/
CryptoPotato
Analyst Says XRP Diamond Pattern Points to Major Breakout
The analyst put $1.50 as the trigger: a monthly close above it opens the path to $2.20 and validates the entire setup; failure invalidates it.
Ripple (XRP) Makes Important Security Announcement Regarding North Korea
• Ripple is enhancing cryptocurrency security by sharing exclusive threat intelligence with the Crypto ISAC, focusing on North Korean cyber threats.
• The shared intelligence includes fraud-linked crypto wallets, malicious domains, and detailed profiles of threat actors to improve actionable insights.
• Crypto ISAC has launched a new API adopted by major firms like Coinbase, enabling real-time integration of threat data into security systems for faster detection and response.
https://cryptopotato.com/ripple-xrp-makes-important-security-announcement-regarding-north-korea/
• Ripple is enhancing cryptocurrency security by sharing exclusive threat intelligence with the Crypto ISAC, focusing on North Korean cyber threats.
• The shared intelligence includes fraud-linked crypto wallets, malicious domains, and detailed profiles of threat actors to improve actionable insights.
• Crypto ISAC has launched a new API adopted by major firms like Coinbase, enabling real-time integration of threat data into security systems for faster detection and response.
https://cryptopotato.com/ripple-xrp-makes-important-security-announcement-regarding-north-korea/
CryptoPotato
Ripple (XRP) Makes Important Security Announcement Regarding North Korea
The company behind XRP said it wants to report certain data linked to North Korean entities.
160,000,000 DOGE in 4 Days: Is Dogecoin Ready for a Further Rally?
• Dogecoin has surged by 12% over the past week, reaching around $0.11, with a market capitalization of $17 billion, driven by increased buying from large investors.
• Whales have purchased 160 million DOGE in just 96 hours, now holding approximately 18.15 billion coins, indicating strong confidence and potential for further price increases.
• Despite the positive momentum, bearish signals such as an overbought Relative Strength Index and increased exchange inflows suggest a possible pullback in the near future.
https://cryptopotato.com/160000000-doge-in-4-days-is-dogecoin-ready-for-a-further-rally/
• Dogecoin has surged by 12% over the past week, reaching around $0.11, with a market capitalization of $17 billion, driven by increased buying from large investors.
• Whales have purchased 160 million DOGE in just 96 hours, now holding approximately 18.15 billion coins, indicating strong confidence and potential for further price increases.
• Despite the positive momentum, bearish signals such as an overbought Relative Strength Index and increased exchange inflows suggest a possible pullback in the near future.
https://cryptopotato.com/160000000-doge-in-4-days-is-dogecoin-ready-for-a-further-rally/
CryptoPotato
160,000,000 DOGE in 4 Days: Is Dogecoin Ready for a Further Rally?
Whales now control around 11% of the meme coin's circulating supply.
DPRK Calls Cyber Theft Accusations ‘Absurd Slander’ Driven by Reptile Media
• North Korea's Foreign Ministry denies allegations of involvement in global cyber fraud, labeling them as politically motivated attacks by the US and its media.
• The DPRK claims that the narrative of a cyber threat from its actors is part of a broader hostile policy by the US to damage its reputation.
• Recent data indicates that North Korea-linked groups accounted for 76% of crypto hack losses in 2026 through April, with fewer attacks but significantly higher financial impacts from major incidents.
https://cryptopotato.com/dprk-calls-cyber-theft-accusations-absurd-slander-driven-by-reptile-media/
• North Korea's Foreign Ministry denies allegations of involvement in global cyber fraud, labeling them as politically motivated attacks by the US and its media.
• The DPRK claims that the narrative of a cyber threat from its actors is part of a broader hostile policy by the US to damage its reputation.
• Recent data indicates that North Korea-linked groups accounted for 76% of crypto hack losses in 2026 through April, with fewer attacks but significantly higher financial impacts from major incidents.
https://cryptopotato.com/dprk-calls-cyber-theft-accusations-absurd-slander-driven-by-reptile-media/
CryptoPotato
DPRK Calls Cyber Theft Accusations 'Absurd Slander' Driven by Reptile Media
DPRK rejected cyber theft allegations and accused the United States of spreading false claims to damage its image and justify hostile policies.
Coinbase Warns Against State-by-State Prediction Markets Chaos, Backs CFTC Oversight
• Coinbase filed a comment letter with the CFTC asserting that prediction markets are derivatives under federal jurisdiction, warning against state-level regulation that could lead to chaos.
• The company emphasized that event contracts have long been overseen by the CFTC and serve as tools for hedging uncertainty, similar to traditional futures markets.
• Coinbase called for clarity on the CFTC's authority regarding contracts deemed contrary to public interest and proposed a replacement rule to clarify the two-step process for such determinations.
https://cryptopotato.com/coinbase-warns-against-state-by-state-prediction-markets-chaos-backs-cftc-oversight/
• Coinbase filed a comment letter with the CFTC asserting that prediction markets are derivatives under federal jurisdiction, warning against state-level regulation that could lead to chaos.
• The company emphasized that event contracts have long been overseen by the CFTC and serve as tools for hedging uncertainty, similar to traditional futures markets.
• Coinbase called for clarity on the CFTC's authority regarding contracts deemed contrary to public interest and proposed a replacement rule to clarify the two-step process for such determinations.
https://cryptopotato.com/coinbase-warns-against-state-by-state-prediction-markets-chaos-backs-cftc-oversight/
CryptoPotato
Coinbase Warns Against State-by-State Prediction Markets Chaos, Backs CFTC Oversight
Coinbase argued that Rule 40.11 is being applied as a blanket ban when the actual statute requires two separate determinations.
Bitcoin Price Prediction: What’s Next for BTC After Reclaiming $80K Resistance?
• Bitcoin is trading above $80k, having reclaimed the 100-day moving average, indicating a strong recovery structure since the cycle peak.
• A daily close above $80k is crucial for potential upward movement toward $90k and $100k, while key support levels are at $72k and $70k.
• On-chain data shows miners are not heavily selling, suggesting reduced overhead pressure, which could support further price increases if the Miners' Position Index trends upward.
https://cryptopotato.com/bitcoin-price-prediction-whats-next-for-btc-after-reclaiming-80k-resistance/
• Bitcoin is trading above $80k, having reclaimed the 100-day moving average, indicating a strong recovery structure since the cycle peak.
• A daily close above $80k is crucial for potential upward movement toward $90k and $100k, while key support levels are at $72k and $70k.
• On-chain data shows miners are not heavily selling, suggesting reduced overhead pressure, which could support further price increases if the Miners' Position Index trends upward.
https://cryptopotato.com/bitcoin-price-prediction-whats-next-for-btc-after-reclaiming-80k-resistance/
CryptoPotato
Bitcoin Price Prediction: What's Next for BTC After Reclaiming $80K Resistance?
Bitcoin is trading above $80k as the first full week of May opens, pressing against the upper boundary of that supply zone that has been the defining
ZachXBT Targets Lesser-Known DEX in Fresh Allegations Over Illicit Crypto Flows
• Blockchain investigator ZachXBT has accused Tokenlon, a decentralized exchange, of facilitating illicit activities such as romance scams and human trafficking, suggesting a significant portion of its trading activity is linked to these sources.
• Tokenlon's co-founder, Ben He Bin, has been mentioned in the allegations, with calls for enforcement actions against Tokenlon and other platforms like Butter Network and HiFiSwap.
• Tokenlon has responded by asserting it does not facilitate crime and that it does not custody user funds, while also facing scrutiny over its decentralization claims, as reports suggest it operates more like a centralized service.
https://cryptopotato.com/zachxbt-targets-lesser-known-dex-in-fresh-allegations-over-illicit-crypto-flows/
• Blockchain investigator ZachXBT has accused Tokenlon, a decentralized exchange, of facilitating illicit activities such as romance scams and human trafficking, suggesting a significant portion of its trading activity is linked to these sources.
• Tokenlon's co-founder, Ben He Bin, has been mentioned in the allegations, with calls for enforcement actions against Tokenlon and other platforms like Butter Network and HiFiSwap.
• Tokenlon has responded by asserting it does not facilitate crime and that it does not custody user funds, while also facing scrutiny over its decentralization claims, as reports suggest it operates more like a centralized service.
https://cryptopotato.com/zachxbt-targets-lesser-known-dex-in-fresh-allegations-over-illicit-crypto-flows/
CryptoPotato
ZachXBT Targets Lesser-Known DEX in Fresh Allegations Over Illicit Crypto Flows
The platform, however, rejected any wrongdoing. Tokenlon explained that it does not custody funds and that all transactions remain publicly traceable on-chain.
Bitcoin Flashes Bullish Signal That Could Push It to Next Big Target: Analyst
• Bitcoin has surpassed $80,000 for the first time since January, with a bullish MACD crossover indicating potential for significant price gains ahead.
• Historical data shows that similar MACD crossovers have previously led to substantial rallies, with the analyst targeting $89,000 and $94,000 as possible price levels if momentum continues.
• Despite the price increase, on-chain activity is at two-year lows, suggesting that the current rally may be driven by larger holders rather than widespread retail participation, raising concerns about the sustainability of the gains.
https://cryptopotato.com/bitcoin-flashes-bullish-signal-that-could-push-it-to-next-big-target-analyst/
• Bitcoin has surpassed $80,000 for the first time since January, with a bullish MACD crossover indicating potential for significant price gains ahead.
• Historical data shows that similar MACD crossovers have previously led to substantial rallies, with the analyst targeting $89,000 and $94,000 as possible price levels if momentum continues.
• Despite the price increase, on-chain activity is at two-year lows, suggesting that the current rally may be driven by larger holders rather than widespread retail participation, raising concerns about the sustainability of the gains.
https://cryptopotato.com/bitcoin-flashes-bullish-signal-that-could-push-it-to-next-big-target-analyst/
CryptoPotato
Bitcoin Flashes Bullish Signal That Could Push It to Next Big Target: Analyst
The last three weekly MACD crossovers on bitcoin's chart produced gains of 147%, 75%, and 35%, respectively.
TON and M Skyrocket by 30% Each, BTC Price Tapped $81K: Market Watch
• Bitcoin reached a new three-month peak of $81,350 after a volatile trading period, with its market cap nearing $1.620 trillion and dominance at 59%.
• Major altcoins showed mixed performance, with Toncoin and MemeCore gaining around 30%, while Ethereum approached $2,400 and several others experienced minor losses.
• The total cryptocurrency market cap increased by $30 billion, surpassing $2.750 trillion.
https://cryptopotato.com/ton-and-m-skyrocket-by-30-each-btc-price-tapped-81k-market-watch/
• Bitcoin reached a new three-month peak of $81,350 after a volatile trading period, with its market cap nearing $1.620 trillion and dominance at 59%.
• Major altcoins showed mixed performance, with Toncoin and MemeCore gaining around 30%, while Ethereum approached $2,400 and several others experienced minor losses.
• The total cryptocurrency market cap increased by $30 billion, surpassing $2.750 trillion.
https://cryptopotato.com/ton-and-m-skyrocket-by-30-each-btc-price-tapped-81k-market-watch/
CryptoPotato
TON and M Skyrocket by 30% Each, BTC Price Tapped $81K: Market Watch
MORPHO follows suit in terms of daily gains, but remains far behind the two leaders today.
A Massive Bull Trap? Why Analysts Are Warning About Bitcoin’s $80K Breakout
• Bitcoin has surpassed $80,000 for the first time in three months, but weak on-chain activity suggests limited buying support, making it vulnerable to profit-taking.
• Analyst Doctor Profit warns of a potential bull trap, predicting a sharp drop after a brief rise to the $83,000-$85,000 range, while Santiment highlights low network activity as a concern for sustained price increases.
• Despite the current weak interest, historical patterns indicate that low activity can precede significant market interest, and bullish signals on technical charts suggest potential for further gains if user participation increases.
https://cryptopotato.com/a-massive-bull-trap-why-analysts-are-warning-about-bitcoins-80k-breakout/
• Bitcoin has surpassed $80,000 for the first time in three months, but weak on-chain activity suggests limited buying support, making it vulnerable to profit-taking.
• Analyst Doctor Profit warns of a potential bull trap, predicting a sharp drop after a brief rise to the $83,000-$85,000 range, while Santiment highlights low network activity as a concern for sustained price increases.
• Despite the current weak interest, historical patterns indicate that low activity can precede significant market interest, and bullish signals on technical charts suggest potential for further gains if user participation increases.
https://cryptopotato.com/a-massive-bull-trap-why-analysts-are-warning-about-bitcoins-80k-breakout/
CryptoPotato
A Massive Bull Trap? Why Analysts Are Warning About Bitcoin's $80K Breakout
Price is rising, but participation isn't, suggesting a small group is driving bitcoin higher.
Ripple (XRP) Sees Big Adoption Boost in Russia: Here’s What You Need to Know
• Russia's largest securities exchange, the Moscow Exchange, will launch crypto indexes for SOL, XRP, TRX, and BNB starting May 13, using data primarily from Binance.
• Existing indexes will now update every 15 seconds during trading sessions, with plans to expand to 10 total crypto benchmarks, including potential additions like Dogecoin and Cardano.
• The new indexes and future derivatives will be available only to professional investors, coinciding with a positive trend in the digital asset market as BTC reaches over $80,000.
https://cryptopotato.com/ripple-xrp-sees-big-adoption-boost-in-russia-heres-what-you-need-to-know/
• Russia's largest securities exchange, the Moscow Exchange, will launch crypto indexes for SOL, XRP, TRX, and BNB starting May 13, using data primarily from Binance.
• Existing indexes will now update every 15 seconds during trading sessions, with plans to expand to 10 total crypto benchmarks, including potential additions like Dogecoin and Cardano.
• The new indexes and future derivatives will be available only to professional investors, coinciding with a positive trend in the digital asset market as BTC reaches over $80,000.
https://cryptopotato.com/ripple-xrp-sees-big-adoption-boost-in-russia-heres-what-you-need-to-know/
CryptoPotato
Ripple (XRP) Sees Big Adoption Boost in Russia: Here's What You Need to Know
The new indexes will also include SOL, TRX, and BNB.
Coinbase Slashes Jobs by 14% to Become ‘Lean, Fast, AI-Native’
• Coinbase is reducing its workforce by approximately 14% due to ongoing market volatility and the impact of artificial intelligence on operations.
• The company plans to streamline its organizational structure, reducing layers of management and focusing on smaller, AI-driven teams to enhance efficiency.
• Affected employees will receive severance packages and support, while other crypto firms have also made similar layoffs to adapt to AI advancements.
https://cryptopotato.com/coinbase-slashes-jobs-by-14-to-become-lean-fast-ai-native/
• Coinbase is reducing its workforce by approximately 14% due to ongoing market volatility and the impact of artificial intelligence on operations.
• The company plans to streamline its organizational structure, reducing layers of management and focusing on smaller, AI-driven teams to enhance efficiency.
• Affected employees will receive severance packages and support, while other crypto firms have also made similar layoffs to adapt to AI advancements.
https://cryptopotato.com/coinbase-slashes-jobs-by-14-to-become-lean-fast-ai-native/
CryptoPotato
Coinbase Slashes Jobs by 14% to Become 'Lean, Fast, AI-Native'
Coinbase will experiment with smaller teams, including one-person teams, as it restructures operations.
Pi Network News and PI Price Update: May 5
• Pi Network successfully completed the migration to protocol version 22 on May 1, with version 23 expected by May 15, emphasizing the importance of user compliance to avoid disconnection.
• The Core Team highlighted the integration of human input and AI in their KYC process, achieving over 526 million validation tasks completed by verified users.
• The PI token experienced volatility, peaking at $0.20 before dropping back to around $0.18, with upcoming token unlocks potentially increasing selling pressure on the market.
https://cryptopotato.com/pi-network-news-and-pi-price-update-may-5/
• Pi Network successfully completed the migration to protocol version 22 on May 1, with version 23 expected by May 15, emphasizing the importance of user compliance to avoid disconnection.
• The Core Team highlighted the integration of human input and AI in their KYC process, achieving over 526 million validation tasks completed by verified users.
• The PI token experienced volatility, peaking at $0.20 before dropping back to around $0.18, with upcoming token unlocks potentially increasing selling pressure on the market.
https://cryptopotato.com/pi-network-news-and-pi-price-update-may-5/
CryptoPotato
Pi Network News and PI Price Update: May 5
Here are the latest updates and developments within the broader Pi Network ecosystem as well as PI's token price moves.
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Ethereum Price Analysis: ETH Shows Breakout Signs but Danger Still Looms
• Ethereum is currently in a stabilization phase after rebounding from the critical $1.8K support zone, but faces significant resistance around the $2.4K level.
• The price is oscillating within a narrow range on the 4-hour chart, with a breakout above $2.4K indicating bullish momentum, while a breakdown below the lower boundary could lead to a corrective move.
• Liquidity analysis shows clusters at $2.5K and below $2K, suggesting potential volatility as Ethereum may target these areas before establishing a sustained trend.
https://cryptopotato.com/ethereum-price-analysis-eth-shows-breakout-signs-but-danger-still-looms/
• Ethereum is currently in a stabilization phase after rebounding from the critical $1.8K support zone, but faces significant resistance around the $2.4K level.
• The price is oscillating within a narrow range on the 4-hour chart, with a breakout above $2.4K indicating bullish momentum, while a breakdown below the lower boundary could lead to a corrective move.
• Liquidity analysis shows clusters at $2.5K and below $2K, suggesting potential volatility as Ethereum may target these areas before establishing a sustained trend.
https://cryptopotato.com/ethereum-price-analysis-eth-shows-breakout-signs-but-danger-still-looms/
CryptoPotato
Ethereum Price Analysis: ETH Shows Breakout Signs but Danger Still Looms
Ethereum’s price action has transitioned into a stabilization phase after a strong reaction to this key demand zone shifted short-term sentiment. However,
Shiba Inu (SHIB) Lost Its Prestigious Position Once Again: Is a Comeback Possible?
• Shiba Inu (SHIB) has lost its position as the second-largest meme coin to MemeCore (M), which recently saw a 25% price increase and a market cap of approximately $4.3 billion.
• SHIB's market cap has dropped to around $3.7 billion, reflecting a 50% loss in value over the past year, despite a 3% weekly increase.
• Concerns about SHIB's future include low user engagement on its Shibarium platform and an increase in tokens held on exchanges, indicating potential selling pressure.
https://cryptopotato.com/shiba-inu-shib-lost-its-prestigious-position-once-again-is-a-comeback-possible/
• Shiba Inu (SHIB) has lost its position as the second-largest meme coin to MemeCore (M), which recently saw a 25% price increase and a market cap of approximately $4.3 billion.
• SHIB's market cap has dropped to around $3.7 billion, reflecting a 50% loss in value over the past year, despite a 3% weekly increase.
• Concerns about SHIB's future include low user engagement on its Shibarium platform and an increase in tokens held on exchanges, indicating potential selling pressure.
https://cryptopotato.com/shiba-inu-shib-lost-its-prestigious-position-once-again-is-a-comeback-possible/
CryptoPotato
Shiba Inu (SHIB) Lost Its Prestigious Position Once Again: Is a Comeback Possible?
DOGE remains the undisputed leader in the meme coin realm, whereas the battle for the second spot has been fierce lately.
Important Binance Announcement Concerning Indian, Ukrainian, and Other Users: Details
• Binance launched seven official WhatsApp channels for users in India, Ukraine, Mexico, and other countries to provide news and educational content about Web3 and crypto.
• The exchange introduced new perpetual contracts (AMD/USDT, QCOM/USDT, USAR/USDT) with up to 10x leverage and announced the removal of several trading pairs due to inadequate liquidity and trading volume.
• Binance emphasized the importance of following official channels to avoid scams and impersonators, while noting that all shared announcements are for informational purposes only and not financial advice.
https://cryptopotato.com/important-binance-announcement-concerning-indian-ukrainian-and-other-users-details/
• Binance launched seven official WhatsApp channels for users in India, Ukraine, Mexico, and other countries to provide news and educational content about Web3 and crypto.
• The exchange introduced new perpetual contracts (AMD/USDT, QCOM/USDT, USAR/USDT) with up to 10x leverage and announced the removal of several trading pairs due to inadequate liquidity and trading volume.
• Binance emphasized the importance of following official channels to avoid scams and impersonators, while noting that all shared announcements are for informational purposes only and not financial advice.
https://cryptopotato.com/important-binance-announcement-concerning-indian-ukrainian-and-other-users-details/
CryptoPotato
Important Binance Announcement Concerning Indian, Ukrainian, and Other Users: Details
Here are the latest updates disclosed by the exchange.
a16z Crypto Closes $2.2B Fund to Back Builders Across All Stages
• Andreessen Horowitz (a16z) has launched its fifth crypto fund, Crypto Fund 5, with a total of $2.2 billion aimed at investing in crypto startups over a long-term horizon.
• The fund will focus on developing infrastructure and applications, particularly in stablecoins, on-chain lending, and tokenized assets, amidst a quieter phase in the crypto market.
• The launch occurs during a market downturn, with ongoing macroeconomic uncertainties and a shift in focus among crypto companies towards artificial intelligence.
https://cryptopotato.com/a16z-crypto-closes-2-2b-fund-to-back-builders-across-all-stages/
• Andreessen Horowitz (a16z) has launched its fifth crypto fund, Crypto Fund 5, with a total of $2.2 billion aimed at investing in crypto startups over a long-term horizon.
• The fund will focus on developing infrastructure and applications, particularly in stablecoins, on-chain lending, and tokenized assets, amidst a quieter phase in the crypto market.
• The launch occurs during a market downturn, with ongoing macroeconomic uncertainties and a shift in focus among crypto companies towards artificial intelligence.
https://cryptopotato.com/a16z-crypto-closes-2-2b-fund-to-back-builders-across-all-stages/
CryptoPotato
a16z Crypto Closes $2.2B Fund to Back Builders Across All Stages
a16z's new fund targets real-world crypto use cases, including stablecoins, payments, lending, prediction markets, and tokenized financial assets.
Circle Shares Jump 20% as Lawmakers Reach Stablecoin Deal
• Circle Internet Group's stock surged nearly 20% following a bipartisan agreement by US senators on stablecoin legislation, addressing banking sector concerns.
• The compromise prohibits stablecoin rewards from resembling interest on bank deposits while allowing alternative customer rewards, maintaining parts of the existing business model.
• The banking industry expressed opposition, warning that yield-bearing stablecoins could significantly impact loans, but senators remained firm on their agreement.
https://cryptopotato.com/circle-shares-jump-20-as-lawmakers-reach-stablecoin-deal/
• Circle Internet Group's stock surged nearly 20% following a bipartisan agreement by US senators on stablecoin legislation, addressing banking sector concerns.
• The compromise prohibits stablecoin rewards from resembling interest on bank deposits while allowing alternative customer rewards, maintaining parts of the existing business model.
• The banking industry expressed opposition, warning that yield-bearing stablecoins could significantly impact loans, but senators remained firm on their agreement.
https://cryptopotato.com/circle-shares-jump-20-as-lawmakers-reach-stablecoin-deal/
CryptoPotato
Circle Shares Jump 20% as Lawmakers Reach Stablecoin Deal
Five major banking trade groups issued a joint statement opposing the compromise barely hours after its release.
How $619M Midweek Bleed Was Erased by Massive One-Day Crypto Inflow
• Digital asset funds experienced $117.8 million in inflows, marking a five-week streak, but the smallest gain during that period, following a midweek outflow of $619 million.
• A significant one-day inflow of $737 million on Friday reversed the weekly balance, with Bitcoin investment products attracting over $192 million, while Ethereum saw $81.6 million in outflows.
• Bitcoin's price has risen above $80,000, with increasing correlation to US stocks, though market volatility may arise from upcoming labor data and earnings reports.
https://cryptopotato.com/how-619m-midweek-bleed-was-erased-by-massive-one-day-crypto-inflow/
• Digital asset funds experienced $117.8 million in inflows, marking a five-week streak, but the smallest gain during that period, following a midweek outflow of $619 million.
• A significant one-day inflow of $737 million on Friday reversed the weekly balance, with Bitcoin investment products attracting over $192 million, while Ethereum saw $81.6 million in outflows.
• Bitcoin's price has risen above $80,000, with increasing correlation to US stocks, though market volatility may arise from upcoming labor data and earnings reports.
https://cryptopotato.com/how-619m-midweek-bleed-was-erased-by-massive-one-day-crypto-inflow/
CryptoPotato
How $619M Midweek Bleed Was Erased by Massive One-Day Crypto Inflow
Ethereum and Solana saw notable exits, while Bitcoin and smaller assets helped stabilize flows during a volatile week for crypto funds.
Bitcoin Market Not Positioned for Upside Despite Rally Above $80K, Says Bitfinex
• Bitcoin's recent surge past $80,000 is viewed as misleading by Bitfinex analysts, who believe the market lacks the necessary positioning for sustained upside movement.
• Demand for BTC is improving but remains uneven, with institutional accumulation not strong enough to absorb overhead supply, leading to profit-taking by short-term holders.
• Analysts indicate that without significant demand and clear liquidity support, Bitcoin is likely to face downward pressure, with the low $70,000s identified as the next key support zone.
https://cryptopotato.com/bitcoin-market-not-positioned-for-upside-despite-rally-above-80k-says-bitfinex/
• Bitcoin's recent surge past $80,000 is viewed as misleading by Bitfinex analysts, who believe the market lacks the necessary positioning for sustained upside movement.
• Demand for BTC is improving but remains uneven, with institutional accumulation not strong enough to absorb overhead supply, leading to profit-taking by short-term holders.
• Analysts indicate that without significant demand and clear liquidity support, Bitcoin is likely to face downward pressure, with the low $70,000s identified as the next key support zone.
https://cryptopotato.com/bitcoin-market-not-positioned-for-upside-despite-rally-above-80k-says-bitfinex/
CryptoPotato
Bitcoin Market Not Positioned for Upside Despite Rally Above $80K, Says Bitfinex
Bitfinex analysts highlighted an improving but uneven demand wave and resistance zones where short-term holders are exiting at breakeven.
Pi Network’s PI Reclaims Key Support Ahead of Founders’ Speeches in Miami
• Pi Network co-founders Chengdiao Fan and Nicolas Kokkalis will speak at a major cryptocurrency conference from May 5 to 7, discussing the integration of web3, AI, and blockchain.
• The native token of Pi Network experienced a minor gain recently, rebounding to $0.186 after fluctuations, and remains the 45th-largest cryptocurrency by market cap.
• The conference features over 500 speakers, including notable figures like Changpeng Zhao and Brad Garlinghouse, with expectations for significant announcements from Pi Network's founders.
https://cryptopotato.com/pi-networks-pi-reclaims-key-support-ahead-of-founders-speeches-in-miami/
• Pi Network co-founders Chengdiao Fan and Nicolas Kokkalis will speak at a major cryptocurrency conference from May 5 to 7, discussing the integration of web3, AI, and blockchain.
• The native token of Pi Network experienced a minor gain recently, rebounding to $0.186 after fluctuations, and remains the 45th-largest cryptocurrency by market cap.
• The conference features over 500 speakers, including notable figures like Changpeng Zhao and Brad Garlinghouse, with expectations for significant announcements from Pi Network's founders.
https://cryptopotato.com/pi-networks-pi-reclaims-key-support-ahead-of-founders-speeches-in-miami/
CryptoPotato
Pi Network's PI Reclaims Key Support Ahead of Founders’ Speeches in Miami
Here's when the two project co-founders will speak and about what. The community anticipates another major announcement.