Crypto Industry News & Market Trends

These Data Points Suggest Ether Price Could Soon Rally to $3K

Ether () has rebounded more than 25% from its February low below $1,800, and a mix of technical and onchain signals suggests the recovery may still have more room to run in May.　　Key takeaways:Ethers technicals favor the bulls with a $3,000 ETH price target.ETH is holding a support zone that has previously triggered 22%–27% price rebounds.Ethers spot taker CVD remains positive, suggesting confidence among buyers.　　ETH price charts target $3,000　　Ethers technical setups on multiple time frames support the bull case for ETH price as April comes to a close.　　The ETH/USD pair has been forming a bull flag chart pattern on the daily chart since early April, as shown below.　　A bull flag pattern is a bullish continuation pattern that forms after the price consolidates inside a down-sloping range following a sharp price rise.　　The flag will resolve once the price breaks above the upper trend line at $2,350 and could rise by as much as the previous uptrends height. This places the upper target for ETH price just above $3,000, about 33.5% above the current price.　　Meanwhile, an ascending triangle on the eight-hour chart suggests that ETH was preparing for a significant upward move.　　A break above the upper trend line of the triangle at

05-02Industry

Bitcoin reclaims the $78,000 handle on Gate

Bitcoin has reclaimed $78,000 on Gates BTC/USDT pair, extending a rebound from $76,000 and keeping the market within range of the closely watched $80,000 level.Gates BTC/USDT market shows Bitcoin trading at about $78,004, up 2.15% over the past 24 hours and back above a key resistance area traders have been watching all week.The move extends a broader rebound from lows near $76,000, keeping BTC within striking distance of the psychologically important $80,000 level highlighted in recent price commentary.Derivatives and ETF flows remain the main drivers, with prior sessions already seeing BTC oscillate between the mid‑$70,000s and just under $79,000 as traders test the upper end of the current range.　　According to spot data from Gate, the BTC/USDT pair is currently changing hands around $78,004, marking a roughly 2.15% gain over the last 24 hours.　　Gate quotes BTC above $78,000 after latest push higher　　That lift puts Bitcoin back above the $78,000 line that has acted as a near-term ceiling in recent sessions, with multiple exchanges reporting repeated tests of the high‑$70,000s but little sustained time above that zone.　　External price trackers cited by outlets such as Fortune and LatestLY have likewise noted BTC oscillating between roughly $76,000 and $79,000 as the market digests earlier

05-02Industry

Bitcoin Renko Mari-Ashi Reveals Where The Bottom Lies And When The Rise Will Begin Again

A crypto analyst has shared more insights into the Bitcoin (BTC) price action using a rare Japanese chart pattern called the Renko Mari-Ashi. The chart shows that the Bitcoin price has formed a Double Bottom and could be on the verge of a major breakout. Additionally, it has highlighted the points where the Double Bottom was formed, revealing the area where BTC is likely to start rising again in this cycle.　　Bitcoin Double Bottom Formation On The Renko Mari-Ashi Chart　　Geometric, a pseudonymous market analyst on X, said on April 28 that the Renko Mari-Ashi chart is signaling another major bottom formation for Bitcoin. He described this chart as a special Japanese chart that focuses solely on a cryptocurrencys price movement, not the timing of its actions.　　He said that this chart was designed to filter out market noise and highlight major trends and reversals in a cryptocurrency. Moreover, unlike traditional candlestick charts, which create a new candle at each interval, the bricks on the Renko Mari-Ashi chart are formed only when the price moves by a specific amount, which can take minutes, hours, or days.　　Looking at the Bitcoin price action on this rare chart, Geometric tracks the cryptocurrencys movements from 2018 to

05-02Industry

Fed Holds Rates Steady: BTC 77K Effect

Fed Decision and BTC Market Reaction　　The Federal Reserve held its benchmark interest rate steady for the third time this year as Middle East conflicts pushed up energy costs. At Wednesday‘s Federal Open Market Committee (FOMC) meeting, it maintained its policy target in the 3.5-3.75% range; this was a session signaling the end of Jerome Powell’s tenure. The anticipated pre-decision move kept Bitcoin near $75,100 and Ethereum near $2,240; however, following the announcement, Bitcoin lost 1.4% and Ethereum 2.3% in the last 24 hours. The Fed emphasized that Middle East developments are creating uncertainty in the economic outlook and maintained its cautious stance. Current BTC price $77,258.50 (+1.58% 24h), in a sideways trend.　　Kevin Warsh Fed Chair Candidate: Crypto Connections　　The Senate Banking Committee advanced Kevin Warsh‘s nomination to the full Senate for appointment as Fed Chair replacing Powell; with Republicans holding the majority, the final vote is on the horizon. Although Powell’s eight-year term ends next month, it was noted that Warsh would serve as interim chair if not confirmed by May 15. Warsh, with his $100 million fortune, has crypto-linked investments like Solana and Polymarket; he has a positive outlook on Bitcoin. Meanwhile, Coinbase International listed MegaETH (MEGA) futures contracts, and

05-02Industry

Fidelity Adds $19M Into FBTC as Bitcoin ETFs Snap 3-Day Outflow Streak

First inflow day for bitcoin ETFs this week.　　Ether ETFs told a different story. The group extended its losing streak to four consecutive days, with net outflows of $23.64 million. Blackrock‘s ETHA accounted for the bulk of the decline, shedding $50.57 million. Additional outflows were seen in Bitwise’s ETHW, Grayscale‘s ETHE, and Fidelity’s FETH.　　There were, however, pockets of demand. Blackrock‘s ETHB attracted $29.10 million, continuing to serve as a key inflow channel, while Grayscale’s Ether Mini Trust added $4.72 million. These gains softened but did not reverse the overall negative flow. Trading volumes came in at $339.87 million, with net assets ending at $13.25 billion.　　Beyond the major assets, flows weakened. XRP ETFs recorded net outflows of $5.83 million, all of it tied to Bitwise‘s XRP product. Despite relatively modest trading activity of $16.90 million, the move marked a shift from the prior day’s inflows. Net assets held at $1.04 billion.　　Solana ETFs also broke their recent inactivity streak, but not in a positive direction. Grayscales GSOL posted a $1.24 million outflow, the sole movement after three days of no trading. Total value traded reached $23.51 million, with net assets closing at $849.48 million.　　The broader picture remains one of hesitation. Bitcoins return to

05-02Industry

Visa Taps Japanese Ripple Affiliate To Offer BTC, ETH, XRP Rewards Via Credit Cards

Visa Inc. has partnered with Ripple affiliate SBI Holdings and its crypto division SBI VC Trade to launch a new line of credit cards in Japan. It aims to convert spending rewards into digital assets, such as Bitcoin (BTC), Ethereum (ETH), and XRP.　　Visa Partners Ripple-Backed SBI Holdings　　The Visa-SBI product will be issued in collaboration with APLUS Co. Ltd. on May 1, according to an announcement. It focuses on offering users the opportunity to acquire crypto exposure with the help of making regular purchases.　　The reward points are automatically converted into a chosen crypto at no extra cost, as cardholders spend on it. To get the payouts of the digital assets, Visa requires users to have an account with SBI VC Trade.　　There are two versions of the card, one standard with an offering that targets beginners. Meanwhile, the ‘Gold’ premium version targets more spenders with higher returns. The Gold version will be able to give up to 10% in crypto, with the standard version getting up to 2.5%.　　Recently, Visa has stepped up its game in the crypto industry. Earlier, this week, it partnered Coinbase-backed Base, Polygon, and other Layer 1 blockchains to support stablecoin settlements.　　How Can Users Avail Rewards？　　When signing up, applicants

05-02Industry

ZRO Technical Analysis May 1

ZRO is approaching the critical support at $1.3982 from the $1.43 level; under downtrend pressure, RSI 33 gives an oversold signal, but breakdown risk is high.　　Current Price Position and Critical Levels　　ZRO‘s current price is at $1.43, positioned below EMA20 ($1.63) within the overall downtrend. With a 24-hour loss of 1.52%, the price is squeezed in the $1.42-$1.46 range and pulling back toward strong supports on the 1D timeframe. The Supertrend indicator is giving a bearish signal and highlighting the $1.80 resistance. In MTF analysis, 3 critical levels stand out: there’s a 1 support/2 resistance confluence on 1D, while 3D and 1W show less activity. This structure increases the likelihood of testing the $1.3982 support in the short term; if it holds, a reaction buy could come, but if broken, downside targets will activate. Volume is low at $8.89M, signaling that big players are waiting for liquidity hunting.　　Support Levels: Buyer ZonesPrimary Support　　$1.3982 (Strength Score: 78/100) – This level stands out as ZROs most critical buyer zone. Originating from the order block structure on 1D and 4H timeframes, this zone has been tested 3 times in the last 2 weeks and rejected each time with strong volume spikes. It shows full confluence

05-02Industry

Exclusive: Bitcoin Breaks $78,000 on Risk-On Shift but Crypto CEO Warns the Rally Has a Ceiling

The post Exclusive: Bitcoin Breaks $78,000 on Risk-On Shift but Crypto CEO Warns the Rally Has a Ceiling appeared first on Coinpedia Fintech News　　Bitcoin pushed to $78,254 Thursday, up 2.69% in 24 hours and outperforming a broader crypto market that rose 2.08%, as a macro risk-on shift lifted digital assets alongside equities.　　The recovery comes against a backdrop that remains uncertain. President Trump said Thursday he is “not satisfied” with the latest peace proposal from Iran, delivered through Pakistani mediators, sending US oil prices erasing earlier losses on the news. The Strait of Hormuz remains contested. Brent crude has been trading above $120 per barrel. And yet markets are moving higher, a signal that investors are choosing to focus on macro tailwinds rather than geopolitical noise for now.　　Is an Altcoin Season Starting？　　The question on every traders mind as Bitcoin approaches $80,000 is whether the current move marks the beginning of a broader altcoin rally. Abhay Agarwal, Founder and CEO of GetBit, told Coinpedia the answer requires careful framing.　　“Historically, market cycles tend to begin with Bitcoin leading the move,” Agarwal said. “As confidence builds and liquidity expands, capital gradually flows into higher-risk segments of the market.”　　He was careful to draw a distinction

05-02Industry

Marscat And Origins Network Join Forces To Power Scalable Web3 Applications With Decentralized Cloud Computing

As part of efforts to enhance user experiences across AI-powered decentralized applications, Marscat, a Web3 application engine, today announced a strategic partnership with Origins Network, a decentralized cloud computation network. The partnership, announced today, enabled Marscat to integrate Origins Networks decentralized computation infrastructure to advance the effectiveness of decentralized applications on its Web3 application engine platform.　　Marscat is a decentralized connection network and Web3 application engine that runs a network for decentralized applications, enabling them to operate in a privacy, serverless environment without reliance on centralized servers, ensuring secure communication, scalable application deployments, and tamper-resistant interactions.　　What This Collaboration Means For Marscat　　Through the partnership above, Marscat leverages Origins Networks computing infrastructure to ensure a reliable execution of decentralized applications on its Web3 application platform. Origins Network functions as a modular public blockchain that has expertise in connecting Web3 projects with cutting-edge verifiable computation solutions. Its decentralized computation infrastructure enables AI agents and Web3 applications to interact on-chain with rapid (real-time) executions and always-on availability.　　The integration of Origins Network‘s computing infrastructure means that Web3 applications on Marscat are now more competitive, thus meeting the need for more users, and as a result, significantly enhancing customer experience. Through the collaboration, Origins Network’s computing solution

05-02Industry

Tom Lee’s Bitmine Locks $508M in ETH, Hold 4% Of Total ETH Supply

The post Tom Lees Bitmine Locks $508M in ETH, Hold 4% Of Total ETH Supply appeared first on Coinpedia Fintech News　　Just like Michael Saylor‘s Strategy, Tom Lee’s Bitmine Immersion Technologies is showing no signs of slowing down. According to on-chain data from Arkham Intelligence, Bitmine recently locked around $508 million worth of ETH, adding to its already massive holdings.　　The firm now holds a significant share of the network‘s staked supply, impacting ETH’s available supply.　　Bitmine Adds $508 Million ETH Stake　　Arkham transaction data shows that six large transfers were made from Bitmine-linked wallets to Coinbase Prime staking addresses over the last day. The transactions included multiple ETH deposits worth tens of millions of dollars each.　　Some of the largest transfers were worth around $73 million, $69 million, $65 million, and $52 million. Combined, the recent batch of transactions totaled roughly $508 million in Ethereum staking activity.　　Tom Lee just staked $508.4M ETH　　Bitmine has now staked over 4 MILLION ETH (worth $9.3B) – thats 10.5% of the total staked ETH supply.　　Tom Lee is buying and staking ETH. pic.twitter.com/NofM7r0YRG　　— Arkham (@arkham) May 1, 2026　　This suggests Bitmine is still aggressively expanding its long-term Ethereum strategy instead of slowing down.　　Bitmine Now Holds Over 4 Million ETH　　Reports suggest that

05-02Ethereum

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