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Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K

Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some…

Coinbase files brief with US Supreme Court in support of taxpayers' privacy

US-based cryptocurrency exchange Coinbase has filed an amicus brief in the country’s Supreme Court in support of a taxpayer fighting the Internal Revenue Service (IRS) gaining access to his data from a digital asset platform.In an April 30…

Ethereum CrossX Indicators Flashes Buy As Insitution Accumulates, Analyst Says Brace For $4,000

New reports indicate that the Ethereum (ETH) CrossX indicator is flashing strong buy signals, suggesting a potential breakout toward $4,000. As the market transitions from selling to buying, on-chain data shows that institutional investors are…

The Bitcoin Space Race: Why the U.S. Risks Falling Behind Its Rivals

Bitcoin Magazine The Bitcoin Space Race: Why the U.S. Risks Falling Behind Its Rivals The Bitcoin Strategic Reserve: A Sovereign Financial Weapon In Episode 4 of The Bitcoin Policy Hour, experts from the Bitcoin Policy Institute explore the urgent…

BlackRock’s Mitchnick: “Flows Are Back in a Big Way” as Bitcoin ETFs Shift to Institutional Hands

Bitcoin Magazine BlackRock’s Mitchnick: “Flows Are Back in a Big Way” as Bitcoin ETFs Shift to Institutional Hands Today at the Token2049 conference in Dubai, Robert Mitchnick, BlackRock’s Head of Digital Assets, shed some insight that capital is

3 Ethereum charts flash signal last seen in 2017 when ETH price rallied 25,000%

Key takeaways:Ether price printed a rare monthly Dragonfly doji candlestick, which is often seen before major ETH bull market cycles.ETH is retesting its long-term parabolic support zone that preceded its historic 2017 rally.The MVRV Z-Score has…

VC Roundup: Funding surge targets confidentiality, tokenization and Web3 infrastructure

After months of volatility and extreme fear, crypto markets turned a positive corner in the second half of April, highlighting the industry’s big sentiment shift. For venture capital, it was business as usual, with investors continuing…

Bitcoin selling at $95K is ‘profit-taking pressure test’ but BTC whales are still buying

Key Takeaways:US GDP shrank -0.3% in Q1, far below +0.3% forecasts, sparking recession fears.Bitcoin faces selling pressure with its spot volume delta dropping $300 million in 3 days.Whales are accumulating BTC, but smaller holders are selling…

Bitcoin drops under $93K after US GDP data shows shrinking economy, raising recession alarms

Key points: US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts.Bitcoin dropped to $92,910 as GDP figures were released, but sustained buy-side demand could provide support. Today’s crypto…

Bitcoin Raging Bull Indicator Turns Back On, But This Level Holds The Key

Bitcoin continues to show signs of resilience at the $95,000 region, pushing higher from recent lows and attempting to reclaim its bullish structure after a volatile April. The monthly candlestick for April on the CME Futures chart currently…