OPEC+'s quota increase amid geopolitical tensions highlights ongoing supply challenges, potentially stabilizing prices but maintaining market volatility.
The post OPEC+ raises oil output quotas amid Strait of Hormuz closure appeared first on Crypto Briefing.
Brazil's crypto settlement ban may hinder cross-border crypto utility, impacting market dynamics and regulatory approaches globally.
The post Brazil bans stablecoin, crypto settlements for cross-border payments appeared first on Crypto Briefing.
The Bitcoin price enjoyed a modest recovery on Friday, the start of May. Alongside its technically bullish structure, this auspicious beginning tells a story about Bitcoin’s chances of performing impressively in the coming weeks. Yet, the flagship cryptocurrency still faces a broader threat of a potential downturn. According to data from a recent on-chain evaluation, if Bitcoin experiences another sell-off, it might not establish a local floor until it reaches as low as $43,000. MVRV Points To Key Support Zone Below Current Levels In a recent post on the social media platform X, crypto pundit Ali Martinez hypothesized that Bitcoin’s price might have yet to establish a local bottom. This postulation is based on BTC’s MVRV Pricing Bands, which use the ratio between market value and realized value to identify when Bitcoin is overvalued or undervalued. Related Reading: Ethereum Pullback Sparks $1B Buying Frenzy Despite Hawkish Fed Warning on Inflation — What Changed? According to the analyst, the MVRV Pricing Bands have been instrumental in establishing where the Bitcoin price bottoms are likely to be. Specifically, the crypto expert explained that Bitcoin has historically bottomed between the 1.0 and 0.8 bands — a pattern that has been playing out since 2010. With the usual “bottoming zones” within the established price bands, Martinez further revealed that Bitcoin has yet to test these critical zones in its current cycle. Per the analyst, the bands have established the following price positions: 1.0 MVRV Band at $54,145; 0.8 MVRV Band at $43,316. Hence, the crypto pundit noted that these bands could contain Bitcoin’s price in the event of a macro sell-off (causing a deep retracement). As is also evident in the chart shared by Martinez, cycles that fail to revisit key accumulation zones typically remain vulnerable to deeper pullbacks before establishing a long-term base. Bitcoin Price Takes On 2022 Bottoming Structure In a separate post on the X platform, Ali Martinez revealed that the Bitcoin price is currently forming a structure similar to that seen in 2022. In the case where Bitcoin follows the 2022 structure, Martinez pointed out that the market could still give one more push higher. However, this bullish trajectory might not be sustainable in the near-term, as it would likely be followed by a “final leg down.” If this holds, the MVRV pricing bands previously established would likely also come into play to cushion Bitcoin’s fall. At the time of writing, the Bitcoin price stands at approximately $77,933, reflecting a 2% daily gain. Related Reading: XRP May Outlook: 4 Catalysts, Key Dates, And Critical Price Levels To Watch Featured image from iStock, chart from TradingView
The escalation in military actions suggests prolonged conflict, reducing the likelihood of Israeli withdrawal and impacting regional stability.
The post Israel conducts over 20 strikes on Hezbollah in southern Lebanon, dozens killed appeared first on Crypto Briefing.
Bennett's strategic alliance and policy platform could reshape Israeli politics, challenging Netanyahu's dominance and influencing voter sentiment.
The post Bennett unveils ‘Israeli Renaissance’ plan, forms alliance to challenge Netanyahu appeared first on Crypto Briefing.
The troop withdrawal signals a potential shift in US-NATO relations, raising concerns about future US military commitments and alliance stability.
The post US to withdraw 5,000 troops from Germany amid NATO tensions appeared first on Crypto Briefing.
Meta's AI investment highlights a strategic shift in global tech power dynamics, influencing national security and economic policies worldwide.
The post Meta Platforms’ AI investment surge amid US-China tech rivalry appeared first on Crypto Briefing.
Increased diplomatic tensions may hinder US-Iran dialogue, impacting geopolitical stability and nuclear non-proliferation efforts.
The post Iran accuses US of NPT non-compliance, heightening diplomatic tensions appeared first on Crypto Briefing.
Heightened U.S.-Iran tensions could disrupt oil supplies, impacting global markets and reducing chances for diplomatic resolutions.
The post US fast-tracks $8.6B arms deals amid Iran tensions, impacting oil markets appeared first on Crypto Briefing.
MegaETH's market cap shortfall highlights challenges in meeting expectations, impacting investor confidence and competitive positioning in Layer 2.
The post MegaETH market cap falls short of $1B prediction post-launch appeared first on Crypto Briefing.
The ban applies to fintechs and payment firms, closing the back-end payment rail for cross-border flows, but individual crypto investors can still buy and hold assets.
Ukraine's request for clarity highlights ongoing uncertainty and skepticism in conflict resolution, impacting market confidence in a ceasefire.
The post Ukraine seeks clarity from Trump on Russia’s May 9 truce proposal appeared first on Crypto Briefing.
The crypto theft highlights vulnerabilities in digital finance, potentially prompting stricter regulations and impacting AI's role in cybersecurity.
The post North Korean hackers behind record $635M crypto theft in April 2026 appeared first on Crypto Briefing.
The sustained enforcement of the Hormuz blockade underscores ongoing geopolitical tensions, impacting market expectations and regional stability.
The post US redirects 48 vessels to enforce Hormuz blockade amid ongoing operation appeared first on Crypto Briefing.
A monthly chart of Dogecoin shows a brutal pattern of repeated rejections and cascading drops that looks grim at first glance. Crypto analyst Trader Tardigrade laid out a decade-long structure in which the Dogecoin price has been hammered at critical resistance three separate times, triggering a massive plunge on each occasion. The 2026 rejection is now in place, and the analyst sees a third repeat of the same devastating sequence. However, the chart has a twist that changes everything. Related Reading: Bitcoin ETFs Lose Nearly Half A Billion Dollars As Fear Returns To Crypto Dogecoin Gets Hammered On An Inverted Monthly Chart Trader Tardigrade’s chart shows DOGE/USD on the monthly timeframe, but the price scale is flipped. This means the lower the chart moves, the higher Dogecoin is moving in normal market price. The red descending line designated as a critical resistance is therefore not a bearish ceiling in the usual sense. It is a resistance line on an inverted chart, and a rejection from it sends the price downward. As shown on the chart, Dogecoin couldn’t break through and got sent straight back down below the level. However, considering this is inverted, what it actually means is that Dogecoin is bouncing on a support trendline. A drop on the inverted scale would translate into a rally in DOGE’s real price. The analyst pointed to three major moments when Dogecoin touched this inverted resistance and failed to break through. The first came around the 2017 cycle, the second around the 2021 cycle, and the third is being presented as the current 2026 setup. In each previous case, the rejection was followed by a large move downward on the inverted chart, which means a large rally upward on the normal Dogecoin chart. Dogecoin Price Chart. Source: @TATrader_Alan On X What’s Next For Dogecoin? “This drop is coming,” the analyst said. However, the drop being referenced is not a normal Dogecoin price crash. It is a drop on the inverted chart. In normal terms, that means the Dogecoin price would be rising. The chart’s projection even points to double-digit price levels if the historical drops on the inverted chart repeats itself. That target is extreme compared to Dogecoin’s current price around $0.108. A move to $1 would require DOGE to rise by more than 825% from current levels, while a move to $10 would require a rally of more than 9,000%. However, the projection on the chart shows the Dogecoin price going to as high as $23. This is why the chart should be read as a long-term setup. Related Reading: US CLARITY Act Moves Closer To Law After Surprise Stablecoin Yield Update Speaking of price action, Dogecoin is actually showing signs of a bounce from support. DOGE reached as high as $0.11 in the past 24 hours, and it is currently up by about 10% in a seven-day timeframe. Interestingly, Dogecoin futures open interest is exploding and is now at its highest level of the year. Dogecoin Open Interest Featured image from Pexels, chart from TradingView
Geopolitical tensions in the Middle East could disrupt oil supply routes, potentially driving up WTI crude prices and impacting global markets.
The post Israeli drone strike in Lebanon raises WTI oil price concerns for May 2026 appeared first on Crypto Briefing.
The troop withdrawal may signal a shift in U.S. military strategy, potentially affecting NATO's cohesion and global security dynamics.
The post Trump orders 5,000 US troops out of Germany amid NATO tensions appeared first on Crypto Briefing.
Iraq's new oil route through Syria may reduce geopolitical tensions and stabilize market expectations by lessening Strait of Hormuz reliance.
The post Iraq reroutes oil exports through Syria, bypassing Strait of Hormuz appeared first on Crypto Briefing.
The agreement necessitates firms restructure reward programs from a "buy and hold" to a "buy and use" model; however, CCI raised concerns over its broad prohibition.
Japan reportedly stepped into the currency market with roughly $35 billion of yen buying, sending the dollar down nearly 3% to 155.5. Bank of Japan (BOJ) money-market data imply that size is accurate. Once the Ministry of Finance's monthly release confirms it, this would rank as Japan's first official yen-support action in almost two years […]
The post Japan has moved to save the yen again, and Bitcoin traders may pay the price appeared first on CryptoSlate.
Developers and industry figures say the eCash proposal introduces user risk, uneven distribution and philosophical tension.
Coinbase CEO Brian Armstrong urged the Senate Banking Committee to "mark it up" as a months-long stalemate appears to be at an end.
Bitcoin's struggle below resistance and ETF outflows highlight market caution, potentially impacting investor confidence and future price trends.
The post Bitcoin struggles below $78K resistance amid ETF outflows appeared first on Crypto Briefing.
Iran's control over the Strait of Hormuz heightens geopolitical tensions, potentially disrupting global oil supply and impacting market stability.
The post Iran’s Ghalibaf asserts control over Strait of Hormuz amid US tensions appeared first on Crypto Briefing.
Alphabet's financial success and geopolitical stability may shift market dynamics, impacting tech leadership and investor confidence.
The post Alphabet stock hits record high after strong Q1 earnings, US-Iran ceasefire appeared first on Crypto Briefing.
Geopolitical tensions may lead to sustained inflation, complicating central banks' rate cut strategies and impacting global economic stability.
The post Bank of England warns inflation to rise amid Middle East tensions appeared first on Crypto Briefing.
Institutional investments in Bitcoin may drive broader acceptance, yet market skepticism persists without clear regulatory and adoption signals.
The post Alberta Investment Management makes $219M Strategy investment for Bitcoin exposure appeared first on Crypto Briefing.
Geopolitical tensions heighten Bitcoin's market volatility, potentially dampening long-term growth prospects amid sustained risk aversion.
The post US-Israel strike on Iran impacts Bitcoin, price drops 6% to $63,038 appeared first on Crypto Briefing.
Coinbase's progress and U.S. regulatory clarity may enhance Bitcoin's institutional appeal, potentially stabilizing or boosting its market value.
The post Coinbase milestones bolster Bitcoin’s institutional adoption amid US regulatory clarity appeared first on Crypto Briefing.
The US warning may heighten geopolitical tensions, potentially disrupting global oil supply chains and impacting international trade stability.
The post US warns shipping firms of sanctions over Iran tolls in Strait of Hormuz appeared first on Crypto Briefing.