Bhutan has denied reports that it sold a major portion of its Bitcoin holdings, as analysts continue to monitor large wallet transfers linked to the country.

 

Bitcoin hovered near $76,738 early Tuesday as traders watched a tightening consolidation range follow a strong multiweek advance. Technical indicators across the one-hour, four-hour, and daily charts remained mixed, pointing to cautious momentum. Support around $76,000 held as the critical level shaping near-term price direction.

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These days, the only players expressing interest in bitcoin are those that bought at the top and are now left carrying the bag. Bitcoin just ain't bitcoin anymore.

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Bitcoin's long-term chart has produced another interesting price projection, as crypto analyst Crypto Tice is pointing out a technical roadmap needed for a rally to $500,000. This Bitcoin price forecast is based on a broad ascending channel that has guided the cryptocurrency through previous support tests, midrange rallies, and rejection zones.

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An Australian platform just dropped a range of Bitcoin mining contracts priced from $15 all the way up to $300,000. No ASIC hardware required.

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Bank of America (BofA) has disclosed significant exposure to Bitcoin, Ethereum, XRP, and Solana through exchange-traded funds (ETFs). The Wall Street giant also revealed massive holdings in Strategy (MSTR), American Bitcoin Corp (ABTC), and other crypto stocks.

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U.S. spot Bitcoin ETFs posted $648 million outflows Monday as long-term BTC holders continue to accumulate the cryptocurrency.

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Fresh optimism is building around XRP after a closely watched indicator hinted that XRP could be approaching a potentially massive upward move.

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Bitcoin (BTC) is flashing warning signs that closely resemble the setup that preceded the final leg of the 2018 bear market, raising the possibility of a correction toward the $41,000 region.

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Fresh bullish sentiment is building around Cardano after a top analyst asserted that the market may be underestimating the ADA's potential.

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The Ethereum Foundation saw an outflow of high-profile contributors in April and May, probably as a response to its recent Mandate document, and the goal of becoming less influential and more decentralized.

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TD Cowen raised its Strategy MSTR price target to $400, noting accelerating BTC per share growth and $1.5B in accretive debt repurchases.

 

BNB Chain just tested new security that would protect it from future super-powerful quantum computers. It worked, but the network ran about 40% slower because the new security made every transaction much bigger.

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Iran Uses Bitcoin for Shipping Insurance Settlement

 

XRP Ledger hard fork debate grows as David Schwartz explains XRPL upgrades before the 3.1.3 fix amendment activates on May 27.

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A solana staker who locked up nearly a million tokens five years ago has now offloaded more than $137 million worth of sol, but still has $32 million staked. Five Years Staked, One Year Selling A veteran solana holder sold another 30,000 sol for approximately $2.

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We're more than halfway to the Bitcoin blockchain's next mining reward halving, a programmed supply slowdown that occurs every 210,000 blocks. There are now fewer than 100,000 blocks to go, and bears should take note even though they appear to have the upper hand in the market at the moment.

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Bitcoin price remained under pressure on Monday as weakening technical indicators, heavy ETF outflows, and rising geopolitical tensions continued weighing on investor sentiment, with traders increasingly watching whether BTC could revisit the key $75,000 support zone next.

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Bitcoin is sitting on a confluence of technical support heading into the weekly close. The weekly support and resistance zone at approximately $78,500, the daily trend line, and a filled daily fair value gap are all converging at current prices.

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Ripple USD stablecoin has seen an increase in activity over the last 24 hours with 39.4 million RLUSD tokens minted in this span.

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The Clarity Act, which could benefit XRP by providing a regulatory framework, recently passed the Senate Banking Committee. XRP ETFs have $1.3 billion in assets under management, and JPMorgan estimates this could rise to between $4 billion and $8 billion during their first year of trading.

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Echo Protocol said that a compromised admin key had enabled unauthorized eBTC minting on its Monad deployment.

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Ohio Bitcoin Ponzi operator Rathnakishore Giri gets 9 years for $10M fraud after promising risk-free returns and seeking new crypto victims.

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Bitcoin (BTC) fell sharply this week, dropping nearly 5% as geopolitical tensions and rising bond yields triggered a broad risk-off selloff across crypto and equities.

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Ethereum price is falling by almost 8% this week, but Citi's research notes could change how big money views the $ETH $BTC relationship.