Analysis News

Keonne Rodriguez, co-founder of the now-shuttered Bitcoin privacy wallet Samourai Wallet, has published an appeal from federal prison asking the Bitcoin community for donations to help cover more than $2 million in accumulated legal debt — after acknowledging that hopes for a presidential pardon have effectively faded. Related Reading: Bitcoin Uptrend Still Healthy, But Volume Divergence Raises Questions Rodriguez, 37, is five months into a 60-month sentence at FPC Morgantown, a federal prison camp in West Virginia. In a post published on X on May 6, written in his own name, he described a financial situation that has left him and his wife Lauren with no remaining options. Daily calls and letters from lawyers demanding payment, combined with ongoing pressure from the...

ABTC's growing Bitcoin reserves amid market challenges highlight the strategic resilience and potential influence of corporate crypto holdings.
The post Eric Trump’s Bitcoin miner holds over 7,300 BTC after record quarterly production appeared first on Crypto Briefing.

Bitcoin continues to maintain a strong bullish structure, with price action steadily grinding higher across multiple timeframes. While bulls remain in control for now, the growing divergence between price and volume could signal slowing momentum and increase the risk of a pullback if buying pressure fails to return.  A Hold Above Key Support At $74,937 As long as Bitcoin maintains its position above the critical floor of $74,937, the current upward momentum remains intact. Market analyst Kamile Uray notes that the primary obstacle for bulls during this ascent is the $98,000 resistance level. Establishing a daily close above this threshold would clear the path for the asset to test the next major supply zone located between $107,000 and $109,000. Related Reading: Bitc...

Kraken's expansion into Asia via Reap Technologies could enhance global B2B transactions, boosting stablecoin adoption and fintech innovation.
The post Kraken parent strikes $600 million deal to acquire Asian stablecoin firm Reap appeared first on Crypto Briefing.

South Korea's officials have defended its planned 22% virtual asset tax, calling for the levy to take effect as scheduled in 2027.
The post South Korea defends 22% crypto tax as fair amid calls to delay rollout appeared first on Crypto Briefing.

Crypto analyst Dark Defender has alluded to history to predict a 1,008% rally for XRP, which could send its price above $10. This comes as the altcoin looks to build a base at $1.4 amid the recent recovery in the crypto market.  XRP Eyes Rally Above $10 As Price Looks To Mirror Past Gains In an X post, Dark Defender predicted that XRP could record a 1,008% gain, rallying to as high as $18. This is expected to be similar to the gains that XRP recorded in the 2021 bull run, when it rallied to $1.72. The analyst noted that history doesn’t repeat itself but that it rhymes, which is why the altcoin could see a similar gain.  Related Reading: XRP Price Is Replicating The 2017 Trend And The Implications Are Parabolic Notably, the analyst had earlier noted that XRP is mainta...

White House crypto advisor Patrick Witt said the Trump administration will announce new details on the US Strategic Bitcoin Reserve within “the next few weeks,” framing the update as both a policy milestone and a custody response after an alleged exploit involving digital assets held by the US Marshals Service. Speaking at Consensus 2026 in Miami on Wednesday, Witt said the administration’s work on the Strategic Bitcoin Reserve, or SBR, and the separate digital asset stockpile had been progressing largely out of public view. The next announcement, he indicated, will focus on “exactly the progress that’s been made and where we’re going from here.” Trump’s Bitcoin Reserve Heads Toward New Update President Donald Trump signed an executive order in March 2025 establishin...

As Solana (SOL) breaks out of a multi‑week pattern, some market observers suggest a retest of a key resistance level could be on the horizon. Nonetheless, they also warned that the next leg up could be short‑lived if momentum fails to hold. Related Reading: $150M Crypto Ponzi Crumbles: $41.5M Frozen In DSJ Exchange Collapse Solana Breakout Targets Key Resistance On Wednesday, Solana jumped 4.2% on the daily timeframe, retesting the $90 area for the first time in nearly a month before retracing. The cryptocurrency has been in the $75 to $96 price range since the early February market crash, failing to reclaim the upper zone of this range during this period. Amid today’s surge, analyst Ali Martinez highlighted that Solana was breaking out of an eight-week symmetrical t...

Solana started a fresh increase above the $86 zone. SOL price is now consolidating near $88 and might aim for more gains above the $90 zone. SOL price started a fresh upward move above the $85 and $86 levels against the US Dollar. The price is now trading above $86 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $87.40 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $90 resistance zone. Solana Price Starts Fresh Increase Solana price started a decent increase after it settled above the $85 zone, like Bitcoin and Ethereum. SOL climbed above the $86 level to enter a short-term positive zone. The price even smashed the $88 resistance. A high was formed at $89....

On Wednesday, Bitcoin reached its highest level since January, crossing above the $82,000 threshold. However, one analyst has warned that the latest upswing may not be driven by genuine demand.  Instead, he describes it as a so-called “speculative trap” and points to signals suggesting there may be little underlying momentum before the market potentially retraces sharply. $83,000 Condition For Bitcoin In a post on X (formerly Twitter), market analyst OxPepesso argued that BTC is moving in a way that looks similar to the “S&P 500 AI bubble,” implying that Bitcoin is largely tracking broader stock-market sentiment rather than showing distinct, organic crypto drivers. OxPepesso suggested that, with the equity market surging, Bitcoin is essentially being pulled along as ...