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Author: Isabella Taylor
Veteran trader Peter Brandt has pushed back against claims that Bitcoin could reach $250,000 in 2026. Summary Peter Brandt said Bitcoin’s rising channel does not confirm a strong bullish bottoming pattern. Bitcoin traded near $76,000 to $78,000 after rebounding from February’s $60,000 support zone. On-chain data showed fresh capital inflows, but retail Bitcoin participation remained weak. His latest chart review warned traders against treating recent price action as the start of a strong breakout. Brandt said Bitcoin has formed an ascending parallel channel over recent weeks. He said the structure can allow more gains, but it does not confirm a…
U.S. President Donald Trump has softened his stance on prediction markets days after voicing concern over their rapid rise. Summary Donald Trump said some experienced participants support prediction markets, softening his earlier opposition. He pointed to adoption in other countries, warning the U.S. could fall behind if it does not participate. Speaking to reporters in Florida on Saturday, Trump acknowledged that some experienced participants support these platforms, even as he maintained a degree of hesitation. “I don’t know. I know some people who are very smart. They like it,” he said, adding, “They disagree, but they like it.” He pointed…
Japanese crypto exchange Bitbank has launched a crypto-linked credit card that allows users to settle bills with assets held on its platform. Summary Bitbank users can settle monthly credit card bills directly with bitcoin held on the exchange. The EPOS Crypto Card offers 0.5% cashback in bitcoin, ether, or Aster to users monthly. Bitbank and EPOS may add more crypto payment options after the bitcoin-only launch in Japan. The product marks a new step for crypto payments in Japan’s regulated market. The card, named “EPOS Crypto Card for Bitbank,” was launched through a partnership with EPOS Card, the fintech arm…
Israeli regulators have approved the launch of BILS, a shekel-pegged stablecoin issued by local virtual exchange Bits of Gold. Summary BILS became one of Israel’s first shekel-pegged stablecoins after approval from the country’s market regulator. Bits of Gold will hold BILS reserves in Israel through designated and separate local accounts. The approval follows a two-year Solana pilot as Israel moves to regulate stablecoin activity. The approval came after a two-year pilot program on the Solana blockchain. The Capital Market, Insurance and Savings Authority granted the approval in a Monday notice. The move places BILS among the first stablecoins linked directly…
The US Senate Banking Committee allowed April to close without scheduling a CLARITY Act markup, confirming the bill has missed its target window and pushing the legislative path entirely into May with fewer than four working weeks before the Memorial Day recess. Summary The Senate Banking Committee failed to schedule a CLARITY Act markup in April, officially missing the target window after the Kevin Warsh Fed nomination consumed the committee’s calendar. With Congress breaking for Memorial Day recess on May 21, the bill now needs to complete a Banking Committee markup, a 60-vote Senate floor vote, and three reconciliation steps…
Bitcoin is pressing the upper boundary of a two-month ascending channel near $77,500, with the 4H MACD histogram turning negative at the trendline and the FOMC meeting on April 28 and 29 serving as the next major catalyst. This article examines the technical structure, key levels, and on-chain data shaping Bitcoin’s next directional move. Summary Bitcoin is pressing the upper boundary of a 4H ascending channel near $77,500 as the MACD histogram turns negative at -183.29. The SMA ribbon remains bullishly stacked below price, but momentum is decelerating at the trendline. A confirmed 4H close above $80,000 targets the 200-day…
Ethereum has slipped back below $2,300, leaving traders to decide whether a fragile band between roughly $2,100 support and $2,350–$2,400 resistance is a simple shakeout or the prelude to a deeper retrace before any long‑promised run toward $4,000. Summary ETH trades just under $2,300 after failing to hold the $2,350–$2,400 zone, with Binance and Gate data showing roughly 2% daily losses and $2,300 acting as an intraday pivot. Phemex analysis flags support around $2,100–$2,176 and resistance at $2,350 then $2,586, with ETH below key short‑term moving averages, negative MACD, and an oversold CRSI in the mid‑20s. Standard Chartered research cited…
April 27 is the hard deadline for all Pi Network Mainnet node operators to upgrade to Protocol 22.1, with nodes still running v21.2 after today’s cutoff automatically disconnected from the Mainnet, and Protocol 23 now moved one week earlier to May 11. Summary All Pi Network Mainnet nodes must upgrade to Protocol 22.1 by today, April 27, or be automatically cut off from the network, losing the ability to validate transactions and earn node rewards. The Bitget technical guide confirms Protocol 23.0 has been moved from May 18 to May 11, one week earlier than previously announced, with four additional…
dLocal (NASDAQ: DLO) has launched Stablecoin Full, a stablecoin payments solution that enables merchants to collect, convert, and pay out funds in stablecoins across more than 44 emerging markets through a single API. Summary Stablecoin Full allows global merchants to accept stablecoin payments at checkout, send payouts in stablecoins, and manage treasury operations across 44-plus markets through one integration. The product treats stablecoins as a local payment method within dLocal’s existing platform, removing the need for merchants to build separate crypto infrastructure or manage market-by-market regulatory complexity. The launch was announced on April 21, 2026, from Montevideo, Uruguay, with Marcelo…
Ryan Lee, Chief Analyst at Bitget Research, says Bitcoin and Ethereum are supported by steady institutional ETF demand and lower leverage, with BTC expected to break $80,000 to $85,000 short term and ETH targeting $2,800 to $3,000. Summary Bitget Research Chief Analyst Ryan Lee says the current rally has a firmer base than earlier retail-driven cycles because it is being led by institutional allocation rather than speculative positioning. Lee expects gold’s elevation near record highs to reflect capital distributing across multiple stores of value rather than concentrating in a single hedge. Oil remaining elevated adds macro pressure that could delay…
