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6% Interest Could Disrupt Banks and Crypto

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Crypto Breaking News

Elon Musk is pushing forward with one of the most ambitious transformations of the financial ecosystem: turning X into a fully integrated banking and payments platform through X Money.

Early tests suggest that the platform could combine traditional banking features with fintech innovation, potentially reshaping how users interact with money on a global scale.

What X Money Is Offering So Far

According to early users cited by Bloomberg, X Money is already experimenting with a compelling set of features:

  • Up to 3% cash back on eligible purchases
  • Around 6% interest on cash savings, significantly higher than traditional bank averages
  • Peer-to-peer (P2P) transfers directly within the app
  • An AI-powered financial assistant tracking spending behavior
  • A metal debit card powered by Visa, customized with users’ X handle

These offerings position X Money as a direct competitor to fintech companies like SoFi Technologies Inc., Block Inc., and LendingClub Corp.

Another key shift is that creators monetizing on X may soon receive payments directly through X Money instead of relying on external processors like Stripe, effectively internalizing the entire financial flow.

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A Super App Vision Becoming Reality

This move aligns with Musk’s long-term ambition of turning X into a “super app”, similar to Asian platforms like WeChat, where messaging, payments, and financial services coexist seamlessly.

The integration of payments into chats and user profiles is particularly notable. It transforms social interaction into economic interaction, removing friction between communication and transactions.

If fully implemented, this could redefine digital identity itself. Your social profile would no longer just represent who you are, but also how you transact, save, and invest.

Regulatory Challenges and Political Scrutiny

Despite the promising features, X Money faces significant regulatory hurdles.

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The platform has yet to secure payment licenses in key jurisdictions such as New York, which could delay or limit its rollout. Additionally, U.S. Senator Elizabeth Warren has raised concerns about:

  • Potential stablecoin integrations
  • Data privacy and financial surveillance
  • Fraud prevention and compliance mechanisms

These concerns highlight a broader issue. When a tech platform becomes a financial institution, the regulatory expectations increase dramatically.

The Impact on Traditional Banking

If X Money scales successfully, it could challenge the traditional banking model in several ways:

1. Higher Yield Expectations

Offering 6% interest on savings sets a new benchmark. Traditional banks, often constrained by legacy systems and regulatory costs, may struggle to compete.

2. Disintermediation

By embedding payments directly into a social platform, X removes intermediaries. Users no longer need separate apps for banking, payments, and communication.

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3. User Experience Advantage

Banks typically lag in UX innovation. X, on the other hand, is built as a digital-native ecosystem with AI at its core.

This could accelerate the ongoing shift from traditional banks to fintech and platform-based finance.

The Crypto Connection

While X Money is not officially a crypto product yet, the potential connection is hard to ignore.

Musk has historically supported digital assets, and there has been speculation around stablecoin integration within X’s ecosystem. If implemented, this could:

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  • Enable instant global transfers without banking friction
  • Reduce dependency on fiat rails
  • Open the door to hybrid financial systems combining fiat and crypto

In this context, X Money could act as a bridge between traditional finance and decentralized finance (DeFi).

A New Financial Paradigm?

X Money represents more than just another fintech product. It signals a broader transformation of the financial system:

  • Finance is becoming embedded in everyday digital platforms
  • AI is becoming a core layer of financial decision-making
  • Social networks are evolving into economic ecosystems

If successful, X could become one of the first truly global, consumer-facing financial platforms operating at the intersection of technology, banking, and potentially crypto.

Final Thoughts

X Money is still in its early stages, and many uncertainties remain, particularly around regulation and execution.

However, the direction is clear. The convergence of social media, payments, and AI is no longer theoretical. It is happening now.

For users, this could mean more convenience and better returns. For banks, it represents a serious competitive threat. For the broader financial system, it may mark the beginning of a new era where money is no longer managed by institutions alone, but embedded directly into the platforms we use every day.

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Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Apple (AAPL) Stock: Q2 Earnings Beat Expectations with 17% Revenue Jump and $100B Buyback

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AAPL Stock Card

Key Highlights

  • AAPL demonstrates 17% revenue increase, though shares decline in extended trading
  • Quarterly performance surpasses Wall Street projections on both earnings and sales
  • Company unveils $100B share repurchase initiative alongside robust services performance
  • iPhone sales maintain momentum while market response remains cautious post-announcement
  • Solid Q2 performance meets mixed investor sentiment in after-hours session

Apple Inc. (AAPL) shares climbed following the tech giant’s impressive quarterly performance, though momentum cooled during extended trading hours after initial gains. The Cupertino-based company delivered robust financial results powered by sustained iPhone sales and expanding services offerings. Nonetheless, certain segment shortfalls and ongoing supply challenges tempered enthusiasm in after-market activity.AAPL shares concluded regular trading at $271.35, registering a 0.44% increase following the earnings announcement.


AAPL Stock Card

Apple Inc., AAPL

Quarterly Financial Performance Shows Robust Top-Line Expansion

Apple disclosed quarterly sales totaling $111.2 billion, representing a 17% year-over-year improvement. The technology leader posted earnings per share of $2.01, surpassing consensus estimates from analysts. Sustained consumer appetite for iPhone products underpinned overall results, even as certain product categories delivered mixed outcomes.

iPhone division generated $56.99 billion in revenue, falling marginally short of projections while still demonstrating healthy annual expansion. Both Mac and iPad product lines outperformed expectations, providing diversified revenue contributions. The services division continued reinforcing the company’s subscription-based income foundation.

Services segment revenue climbed to $30.97 billion, showcasing consistent growth from subscription offerings and digital content. Gross profit margin expanded to 49.3%, signaling enhanced operational efficiency. The company sustained earnings momentum despite persistent global supply chain complexities.

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Expanding Services Division and Capital Allocation Strategy Bolster Position

Apple’s services business unit posted consistent advancement, fueled by increasing subscriber adoption across multiple digital platforms. The corporation strengthened its ecosystem spanning payment solutions, cloud infrastructure, and media entertainment services. Consequently, the services segment generated higher-margin revenue contributions.

Management authorized a fresh $100 billion stock buyback initiative designed to maximize shareholder value. The company simultaneously raised its quarterly dividend to 27 cents per share, reinforcing its commitment to returning capital. These measures bolstered investor sentiment in the wake of earnings disclosure.

Research and development expenditures surged substantially, demonstrating ongoing commitment to emerging technologies and innovation. R&D costs jumped 33% compared to the prior year, totaling $11.42 billion. The company remains focused on advancing artificial intelligence capabilities and next-generation product development.

Regional Performance, Supply Dynamics, and Executive Succession Frame Future Direction

Apple achieved notable expansion in Greater China, generating $20.49 billion in regional revenue. This outcome surpassed market forecasts and illustrated strengthening demand in key territories. The organization benefited from sustained premium device positioning across international markets.

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Worldwide memory component shortages stemming from AI data center infrastructure buildout created manufacturing constraints for hardware divisions. Elevated memory pricing pressured margins throughout the broader technology industry. Apple successfully preserved profitability despite these headwinds.

Executive leadership succession planning introduced additional strategic considerations for investors. Tim Cook announced his planned September departure, with John Ternus designated as his replacement. The company continues advancing its artificial intelligence roadmap through strategic collaborations and product innovation initiatives.

 

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Top 5 Altcoin Setups For May 2026

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Top 5 Altcoin Setups For May 2026

“Sell in May and go away” has crossed from Wall Street into crypto folklore, signaling summer drawdowns and thin tape. Five altcoin setups for May suggest 2026 could rewrite that script.

Chainlink, Ethereum, Kaspa, Sui, and NEAR spent months grinding through accumulation with compressed volatility. Each name now sits within striking distance of a breakout, and each has a specific catalyst lined up for May.

Chainlink (LINK) trades around $9.13 after pulling back from its August 2025 swing high near $31. The weekly chart shows a maturing accumulation pattern that began in January 2026, with main support sitting between $5.50 and $7.50.

The first overhead barrier holds at $13, while the next supply zone sits between $17 and $18. Weekly RSI bottomed in early 2026 and is curling back toward 50. BBWP prints stacked blue bars that flag a compression setup before expansion.

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LINK weekly chart / Source: Tradingview

Zooming in on the daily timeframe, LINK has formed an ascending triangle since February. Price defends a rising trendline from the $7 low and presses against horizontal resistance at $10.

A confirmed breakout above $10 projects a measured move toward $11.92, the bullish target marked on the chart. A breakdown of the rising trendline opens the path to $8, with $6.80 as the bearish target.

Daily volume contracts in tandem with BBWP, which signals that an expansion move is close. Daily RSI hovers near 50, confirming neutral momentum.

LINK daily chart / Source: Tradingview

The fundamental driver in May is the OpenAssets partnership announced in April. The deal routes tokenization flow from ICE, Tether, Fanatics, and Mysten Labs through Chainlink oracles.

The CCIP v1.5 mainnet rollout and a $644 million buyback program reinforce this real-world asset narrative if the daily triangle resolves higher.

Ethereum (ETH) Defends $2,200 With a Daily Channel

Ethereum (ETH) trades near $2,265 after a sharp correction from the August 2025 all-time high at $4,956. The weekly chart bottomed at $1,748 on February 2 and has since reclaimed the $2,200 support shelf.

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Overhead, the next major resistance sits at $2,701, with the deeper supply band between $3,400 and $3,600. A loss of $2,200 exposes a long ascending trendline support near $1,600, drawn from cycle lows.

Weekly RSI is climbing back toward the neutral zone, while BBWP flashes low-volatility blue bars. Both readings hint at a coiled-spring setup before a directional move.

ETH weekly chart / Source: Tradingview

On the daily timeframe, ETH has traded inside an ascending parallel channel since the February low. Price now sits at the 0.382 Fibonacci retracement at $2,264, with channel support flexing through $2,200.

The most important short-term resistance is $2,400, which aligns with the prior pivot supply. A break below the 0.618 retracement at $2,140 would weaken the bullish case and put $2,000 back in play.

Daily volume has thinned, BBWP prints below-normal bars, and RSI sits below its descending trendline near 50. Volatility compression continues to build.

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ETH daily chart / Source: Tradingview

The structural catalyst is the lagged effect of the Fusaka upgrade, activated December 3, 2025. Fusaka raised blob capacity from 6 to 48 per block and lifted the gas cap to 150 million.

Layer 2 fees have collapsed since, fueling renewed DeFi throughput, while the Glamsterdam fork, tentatively scheduled for mid-2026, adds a further bullish accelerant.

Kaspa (KAS) Sets Up Inside a Long-Term Falling Wedge

Kaspa (KAS) trades around $0.0325 after a deep drawdown from its 2024 peak above $0.20. The weekly chart shows a maturing falling wedge that has compressed price action since late 2024.

Falling wedges resolve higher in most cases, and a confirmed breakout would target $0.054 first, then $0.075. Main support sits near $0.030, the floor that has contained price since January 2026.

Weekly volume is contracting, and BBWP shows persistent low-volatility bars. RSI broke above its descending trendline, and KAS now retests that line as new support.

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KAS weekly chart / Source: Tradingview

The Toccata hard fork is the headline catalyst, with mainnet activation scheduled for June 5-20, 2026. The upgrade introduces native KRC-20 tokens, programmable covenants via the Silverscript compiler, and base-layer zero-knowledge verification.

Pre-fork accumulation often frontruns these activations, which means May offers the cleanest window before the move prices in.

Sui (SUI) Tests the Lower Edge of a Yearlong Range

Sui (SUI) trades near $0.91 after a steep correction from its 2025 all-time high above $5.30. Price has spent the entire year of 2026 grinding around $0.90 on the same support shelf.

A breakdown opens a deep dive toward the 1.0 Fibonacci extension at $0.355. A successful defense flips the chart, with the 0.786 retracement at $1.43 acting as the first bullish target.

Above that, the 0.618 golden pocket level at $2.27 completes the upside roadmap. BBWP shows low volatility, while weekly RSI hovers near oversold and has not yet flipped bullish.

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SUI weekly chart / Source: Tradingview

The headline catalyst lands inside the trading window. CME Group launches regulated SUI futures on May 4, 2026, opening a direct institutional rail.

Layered on top, the Grayscale Sui Trust S-1 filing and the 21Shares 2x SUI ETF launch tighten the structural bid through May.

NEAR Protocol (NEAR) Approaches a Multi-Year Resistance Trendline

NEAR Protocol (NEAR) trades at $1.30 after months of basing inside its long-term support zone. Price compresses against a multi-year descending trendline that connects the 2022 high near $20 with the 2024 lower high.

A clean breakout would clear the way to the first target at $3.30, a confluence of support and resistance levels. The second target sits near $8, the double-peak zone formed in March and December 2024.

BBWP prints low volatility, and the weekly RSI is testing its own descending trendline. A break of that RSI line typically precedes a strong directional move.

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NEAR weekly chart / Source: Tradingview

The narrative engine for NEAR is its pivot to user-owned AI, summarized in Messari project research.

The 2026 roadmap prioritizes scaling toward one million transactions per second alongside AI-Intents, and recent launches such as IronClaw, NEAR AI Cloud, and a TEE-secured GPU marketplace already reach more than 100 million users. Pending spot NEAR ETF filings from Grayscale and Bitwise sit as a wildcard upside trigger.

Why These Altcoin Setups Matter Heading Into May 2026

All five charts show a common signature. Each name compresses with thinning volume and stacked BBWP blue bars. RSI is either bottoming or pressing key trendlines in every case.

The coins also share clustered fundamental triggers stacked into a single calendar window. That kind of overlap is unusual across altcoins at the same time.

Whether to “sell in May and go away” still depends on whether macro flows cooperate. If Bitcoin holds its consolidation and the Federal Reserve continues to reprice, May could mark the rotation traders have been circling.

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If macro turns hostile, the same compression patterns flip into breakdowns, confirming the seasonal playbook.

The post Top 5 Altcoin Setups For May 2026 appeared first on BeInCrypto.

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How US Stock Markets Rewarded Google But Punished Meta After Q1 Earnings

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How US Stock Markets Rewarded Google But Punished Meta After Q1 Earnings

Alphabet (GOOGL) added more than $300 billion in market value on April 30, 2026, lifting its capitalization above $4.5 trillion. Meta Platforms (META) shed roughly $175 billion in the same session despite a stronger top-line beat.

Both companies reported Q1 2026 results after the close on April 29. Investors rewarded Google for visible AI revenue while punishing Meta for its heavier capital-spending guidance.

Alphabet (GOOGL) vs Meta Stock Price Comparison Over the Last Week of April. Source: Google Finance

Cloud Revenue Carried the Beat

Google Cloud reported $20 billion in revenue for Q1, up 63% year over year. Backlog climbed to more than $460 billion, nearly doubling sequentially. Enterprise AI demand is running well ahead of supply.

“Google Cloud saw a meaningful acceleration in growth as revenues increased 63% to $20.0 billion, led by an increase in Google Cloud Platform (GCP) across enterprise AI Solutions and enterprise AI Infrastructure, as well as core GCP services,” read an excerpt in the announcement.

Search queries reached an all-time high during the quarter on the back of Gemini integration. Consumer AI subscriptions topped 350 million. Alphabet also raised its dividend by 5%.

Q1 capital expenditure landed at $35.7 billion. The company lifted full-year 2026 capex guidance to $180 billion – $190 billion, with 2027 spending flagged as “significantly higher.”

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Markets absorbed the increase because cloud revenue is already converting that spend into bookings. In this regard, positive sentiment translated into buyer interest, pushing Google’s market cap above $4.5 trillion, adding over $300 billion in one day.

Google (Alphabet) Stock Performance.
Google (Alphabet) Stock Performance. Source: TradingView,

As of this writing, Google’s Alphabet stock was trading for $377.62, marking a new all-time high.

In contrast, markets punished Meta for its more aggressive capital-spending guidance.

Bigger Than Two of the World’s Top Economies

Alphabet’s $4.5 trillion valuation now eclipses the annual GDP of Japan and India. Japan’s economy runs near $4.2 trillion, and India’s at $4.1 trillion. A single US-listed company now sits above two of the world’s largest national economies.

Alphabet's market cap vs Japan and India economies. Source: BeInCrypto
Alphabet’s market cap vs. the Japanese and Indian economies. Source: BeInCrypto

Alphabet’s 2026 spend will pour into the same data-center economy where Bitcoin (BTC) miners compete. Power, GPUs, and grid capacity are now contested directly by hyperscalers.

Several listed miners have already pivoted toward AI hosting contracts. The shift blurs the line between proof-of-work mining and AI cloud hosting.

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Google’s $300 billion single-session gain alone exceeded the combined market value of most major altcoins outside Bitcoin and Ethereum (ETH). The print shows how aggressively capital is rotating into AI infrastructure stories this cycle.

The question is whether AI capex spills into compute tokens, public miners, and decentralized GPU networks. Meta’s drop shows markets still want returns, not just spend.

The post How US Stock Markets Rewarded Google But Punished Meta After Q1 Earnings appeared first on BeInCrypto.

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Dogecoin Stays Above $0.095 with $0.10 Breakout Looming Amidst Whale Accumulation

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Crypto Breaking News

Key Insights

  • Dogecoin has solid support at $0.095 amid increased whale accumulation.
  • Open interest in futures contracts surges to $1.37 billion.
  • A breakout above $0.1018 may lead to gains up to $0.1172.

Dogecoin Firm Above Crucial Support Zone

Dogecoin keeps pushing above the important resistance level at $0.095 after experiencing significant corrective moves to the downside over the past weeks. The meme coin, which has corrected about 60% off its October price high, is demonstrating some signs of stabilization.

In terms of price movement, the digital asset has been quite flat over the last few days, implying that traders might be waiting for a breakout on either side. In particular, the coin is above its crucial 50-day exponential moving average near $0.0958.

$0.10 Resistance Becomes Dominant Obstacle

The immediate obstacle for Dogecoin is found at the psychologically important $0.10 area. The area is buttressed by a downtrend line traced from earlier highs in January and April, rendering it as an essential resistance level.

The momentum oscillators are starting to favor the bulls. The RSI oscillator is now at 56, pointing to increased buying interest without being overbought. On the other hand, the MACD oscillator is slightly in positive territory, showing that the buyers continue to dominate.

A breakout above the resistance level, accompanied by high trading volume, would signal the start of the breakout process.

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Increase in Whale Holdings Indicates Increasing Confidence

Data on-chain shows an increasing trend in whale activity. The number of whales with holdings ranging from 1 million to 100 million DOGE has grown to 4,920 from 4,872 recorded earlier this year.

The fact that there is an increasing number of whale holders while the price range of the token remains unchanged indicates that there is a lot of accumulation going on.

It is important to note that accumulation always precedes price movements in any asset, and this further strengthens the bull case for Dogecoin.

Bull Case Supported by Futures Trading Volume

More evidence from derivatives is found which strengthens the bullish case for Dogecoin. As reported by CoinGlass, the total open interest volume in Dogecoin futures now stands at $1.37 billion, having increased by 3% in just one day.

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The funding rate is also currently 0.0051%, implying that traders who hold long positions are paying a premium to hold their positions.

Breakout Levels and Price Objectives

Market expert Ali Martinez sees the significant level at which a breakout should occur at $0.1018. A bullish confirmation can be achieved by closing above this level for 4 hours with more volume participation.

In case of a breakout above the level mentioned, $0.1172 will be a target price, coinciding with the channel resistance. After that, attention should shift to psychologically important levels of $0.15, $0.20, and possibly even $0.25.

But the Risks Are There to Consider

While the upside appears promising, downside risks still have to be considered. A breach of the $0.095 mark that acts as the 50-day moving average will dampen bullish sentiment.

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In this case, traders will aim to test lower support marks at $0.087 and even the February low of $0.080. This will serve as a fallback position, but it will indicate a reversion to bearish trends.

Dogecoin: At an Important Turning Point

At present, Dogecoin finds itself at a crucial point where technical support, whale hoarding, and futures activity come together. With the $0.10 level still acting as the key resistance.

Any breakout to the upside will open doors to substantial gains.

Until then, all eyes will be on DOGE as it consolidates within a narrowing trading range.

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Anchorage Digital Partners with M0 on US Stablecoin Issuance Stack

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Anchorage Digital Partners with M0 on US Stablecoin Issuance Stack


The partnership aims to make it easier for companies, including fintechs and paying firms, to issue compliant stablecoins in the United States.

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Why Jerome Powell Refuses to Leave the Fed

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Why Jerome Powell Refuses to Leave the Fed

Jerome Powell announced at his final FOMC press conference on April 29 that he will remain on the Federal Reserve Board of Governors past May 15, saying Trump’s legal attacks on the institution had “left me no choice” but to stay until the investigation is resolved.

Summary

  • Powell cited the DOJ’s criminal investigation into the Fed’s headquarters renovation and DC Attorney Jeanine Pirro’s public warning that she would “not hesitate to restart” the probe as his reasons for staying on the board.
  • The FOMC meeting produced four dissents, the most divided Fed vote since October 1992, with three members wanting the easing bias removed from the statement and one wanting an immediate rate cut.
  • Bitcoin dropped from $77,000 to $74,914 following Powell’s announcement, Bitcoin ETFs logged $137.77 million in outflows snapping a nine-day inflow streak, and rate cut odds for 2026 collapsed sharply.

Jerome Powell will stay on the Federal Reserve Board of Governors after his chairmanship ends on May 15, in a decision that would make him the first outgoing Fed chair to remain on the board since Marriner Eccles in 1948. CoinGape reported that Powell made the announcement at his final FOMC press conference, saying: “The things that have happened really in the last three months have, I think, left me no choice but to stay until I see them through at least that long.” Powell said he planned to “keep a low profile” and would not act as a shadow chair once Kevin Warsh is confirmed and sworn in.

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Jerome Powell says legal attacks on the Fed are “unprecedented in our 113-year history”

Powell’s stated reason for staying is the DOJ investigation into the Federal Reserve’s headquarters renovation, which produced a criminal probe into Powell’s congressional testimony. DC Attorney Jeanine Pirro closed her office’s probe last week but posted publicly that she would “not hesitate to restart a criminal investigation should the facts warrant doing so.” Powell said he would leave “when the investigation is well and truly over with finality and transparency.” Trump responded by posting that Powell “wants to stay at the Fed because he can’t find a job elsewhere.” Treasury Secretary Bessent said it would be “extraordinary” for an outgoing chair to remain as governor, calling it a breach of tradition. As crypto.news reported, the FOMC voted to hold rates at 3.50 to 3.75% for a third straight meeting, but the four dissents were the real story: three members wanted the easing bias removed from the statement, signaling a hike is as likely as a cut, while Stephen Miran voted for an immediate cut.

Bitcoin falls to $74,900 as the Warsh “Pivot Party” gets cold water

As crypto.news documented, the market entered April 29 pricing in a Warsh-driven pivot narrative, with the assumption that Powell’s departure would clear the path for faster rate cuts. Powell staying on the board, retaining a vote on the 12-person FOMC, and three hawkish dissenters demanding removal of the easing bias collectively broke that thesis in one press conference. Bitcoin fell from $77,000 to $74,914, with $137.77 million in ETF outflows snapping a nine-day inflow streak. Matt Mena of 21Shares said the dissenters “threw a bucket of ice on the market’s pivot party.” As crypto.news tracked, Bitcoin has now fallen after eight of the last nine FOMC meetings, a pattern that continued precisely as analysts predicted entering the day.

Powell’s governor term runs through January 2028, meaning he retains a full vote on rate decisions through Warsh’s first two years as chair. The full Senate confirmation vote for Warsh is expected the week of May 11.

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Elon Musk Says Most Crypto Are Scams, But X Launches New Crypto Trading Terminal

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Tesla BTC Holdings

Elon Musk told an Oakland jury that most cryptocurrencies are scams during testimony in his civil trial against OpenAI, marking a notable break from his years as one of the sector’s loudest public boosters.

The Tesla and SpaceX chief made the remark when asked about a 2018 OpenAI plan to raise funds through an initial coin offering (ICO), according to New York Times reporter Mike Isaac.

A Sharp Turn for Crypto’s Most Vocal Backer

Musk spent the 2020 to 2021 cycle moving markets with both tweets and corporate buys. Tesla acquired $1.5 billion of Bitcoin (BTC) in 2021, one of the earliest balance sheet allocations by a major public company.

His posts on Dogecoin (DOGE) repeatedly pushed the meme token to new highs that same year. The billionaire has also confirmed personal holdings in Bitcoin, Ethereum (ETH), and Dogecoin across past interviews.

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That stance began to cool in 2022, when Tesla sold roughly 75% of its Bitcoin reserve. The company has held the position steady since, retaining 11,509 BTC worth $879 million in Q1 2026 after a $222 million markdown.

Tesla BTC Holdings
Tesla BTC Holdings. Source: Bitcoin Treasuries

Elon Musk Tells Jury Most Crypto Is a Scam as X Rolls Out Cashtags

The courtroom remark coincided with a parallel push at Musk’s social platform. X head of product Nikita Bier said the company was rolling out a web version of Cashtags, a feature that converts $tickers for stocks and crypto into clickable real-time charts and asset-specific post feeds.

Bier framed the tool as a way to position X as a core trading terminal. Bundled controls, including contract address matching and account locks on first-time crypto posters, are intended to filter out fraudulent tokens before they reach users.

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The rollout fits a broader X finance push that also includes payments and pilot trading features. Musk’s distinction between merit assets and scams maps directly onto Cashtags’ pitch, separating what the feature wants to surface from what its anti-scam controls are designed to suppress.

ICO Plan Resurfaces in Court

The scam comment surfaced as OpenAI’s scrapped 2018 token proposal entered the trial record.

“In January 2018, mere months after their September 2017 ‘enthusiasm,’ Altman proposed a scamworthy ‘ICO,’ or initial coin offering, that would have seen OpenAI, Inc. sell its own cryptocurrency. Musk shot down this idea too, stating ‘it would simply result in a massive loss of credibility for OpenAI and everyone associated with the ICO,’” Musk’s team claimed.

Musk, an OpenAI co-founder from 2015, alleges the company breached its founding contract by partnering with Microsoft and selling commercial products.

“Some of them have merit, but most of them are scams.”

That language came in response to questions about the early ICO discussion, attributed by Isaac.

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OpenAI counters that Musk backed the ICO plan, which would have required spinning out a for-profit subsidiary. Jury proceedings are expected to last about three weeks.

The post Elon Musk Says Most Crypto Are Scams, But X Launches New Crypto Trading Terminal appeared first on BeInCrypto.

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How to sell Counter-Strike 2 skins for crypto

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How to sell Counter-Strike 2 skins for crypto - 4

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

CS2 skin trading trends rise as gamers convert in-game items into crypto assets for liquidity and control.

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Summary

  • CS2 skins can now be converted into crypto, giving players faster, global, and more flexible access to their value.
  • Selling CS2 skins for crypto lets gamers cash out quickly, avoid delays, and take full control of their digital assets.
  • Turning CS2 skins into crypto aligns gaming with digital finance, offering speed, ownership, and borderless transactions.

How to sell Counter-Strike 2 skins for crypto - 4

Counter-Strike​‍​‌‍​‍‌​‍​‌‍​‍‌ 2 is the reality for many players, beyond an ordinary shooting game, a skillful merging of tactics and personality. Skins contribute significantly to this character’s total, as they give a chance not only to stand out but also to make a statement in every round. However, skins represent more than just a pretty sight; they carry tangible value that can be converted into a far more versatile form: crypto.

Converting CS2 skins into crypto by selling is rapidly becoming a favorite among gamers seeking full control over their assets. Be it replenishing a collection, withdrawing money, or delving into the world of digital finance, this manual aims to simplify the entire process.

Reasons for selling CS2 Skins to obtain crypto

It’s quite normal for a person to react to the idea of converting in game items to cryptocurrency with bewilderment, as it is a rather intricate matter on the surface. However, it already aligns quite well with the perspective many gamers have on value.

Currently, many gamers resort to methods that let them sell CS2 skins instantly, without lengthy wait times or complicated steps. For that reason, skin trading venues like Tradeit have already begun implementing faster marketplace transactions and smoother player interactions, aligning their operations perfectly with player expectations.

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Below are some reasons why crypto is still a fashionable alternative:

  • Speed and flexibility: First, don’t wait for a withdrawal to be approved. Most crypto transactions take just a few minutes, so money will be at hand almost at all times.
  • Global accessibility: Because crypto is built on a decentralized system, it can be used across borders without many issues. There is just a need for a device capable of operating on the Internet.
  • Control over funds: Holding funds at a single exchange platform is a real risk, and users are also vulnerable to the platform’s policies. Whereas, if assets are kept in the user’s own wallet, they have complete control over their financial matters.
  • Future potential: From a macroeconomic perspective, players recognize that cryptocurrency is on its way to becoming an integral component of the digital economy; hence, they consider it more than merely a method of receiving payments.

This is an additional means by which players who want to get the most out of all their CS2 facets can stay one step ahead of the competition.

Understanding​‍​‌‍​‍‌​‍​‌‍​‍‌ the value of the skins

It goes without saying that the first step in selling skins is to know their value. Because of the different features, skin prices vary a lot.

Some of the main factors determining price are:

  • Rarity: Usually, skins from special collections or rare drops are the ones that carry a higher price tag
  • Condition: Typically, factory-new skins fetch a higher price than the worn ones
  • Demand: Skins for popular weapons often see more sales
  • Visual appeal: Unique patterns or clean finishes greatly add to the attractiveness

Use this as a starting point and compare skins with those on sale across various marketplaces. This way, the seller will gain a good grasp of pricing and steer clear of underselling their products.

A wise gamer always treats their inventory as an investment and is constantly mindful of its value.

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Choosing the right marketplace

How to sell Counter-Strike 2 skins for crypto - 5

A platform can significantly impact the selling process. Not all marketplaces have the same crypto payout features, for example.

To decide on where to sell, first check out:

  • Nice and simple UI: It should be easy and even fun to make a trade
  • Quick login: Also, waiting times for the heartbeat of the market closing should be minimized
  • Fanatical multiple crypto support: This is a sweet feature to have
  • Almost rock-solid reputation: Nobody would want to risk a lot in a shady hypothetical location

In principle, a quality marketplace should be quite similar to an amusement park in that it is fun, fun, and more ​‍​‌‍​‍‌​‍​‌‍​‍‌fun!

Step​‍​‌‍​‍‌​‍​‌‍​‍‌ by step guide to selling skins

After deciding on the platform, implementation will be pretty simple. Here’s how anyone can start:

1. Connect an Account

In general, marketplaces ask to link a Steam account. Through this account, they can see a user’s inventory.

2. Select the Skins to Sell

Look through the stash and pick out skins to sell. In line with the selling goals, choose, for example, skins for liquidation or highly valuable skins.

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3. Set or Accept a Price

Listing a price or accepting an instant offer will vary by platform.

  • Instant offers are faster
  • Custom listings may yield higher returns

4. Confirm the Trade

A trade offer will be obtained via Steam. Make sure everything matches up before hitting the confirm button.

5. Receive Crypto

After the trade is finalized, the crypto will be sent to the wallet right away. Then it’s up to the user wants to do: hold, trade, or convert ​‍​‌‍​‍‌​‍​‌‍​‍‌it.

How​‍​‌‍​‍‌​‍​‌‍​‍‌ to get as much as possible out of one’s sale

Flipping skins could be a lot more profitable than just hitting a “sell” button. Users can significantly improve their outcomes with the right strategy.

Think of these pieces of advice:

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  • See what’s happening on the market: Prices may go up or down depending on changes, tournaments, and the players interested.
  • Make a sale at the right moment: People’s desire for a product tends to increase during major events or when new items are released.
  • Don’t do it in a hurry: While quick selling is a comfortable approach, waiting and being patient can eventually yield better results.
  • Be orderly: Keep a record of what to purchase and sell to measure progress.
  • Go for well known things: Most of the time, commonly used skins are seen as “hot items” and therefore change hands more quickly.

This can be seen as a training aim in CS2. The more someone focuses on small details, the more their output will improve.

Upgrading the experience of CS2

The main purpose of selling skins for crypto should not be solely for earnings. It may also be the way to get to know the game part that is most even a part of a personality.

By having a clever management of items, users will be able to:

  • Stay topical with the weapons by rotating skins
  • Buy things that are in line with a style of playing
  • Remain updated on the ever changing CS2 business

That way, they get more than a game; they’re making a connection to what they are doing. Users don’t only get the satisfaction of winning a match, but also feel like they are going in a direction and achieving the goals set for themselves.

In​‍​‌‍​‍‌​‍​‌‍​‍‌ Conclusion

Counter-Strike 2 is an ever changing world where opportunities keep shifting. One way to update gaming is by mixing it with crypto, and in particular, by selling skins for crypto.

By having the correct attitude and hardly ever putting in the amount of effort, the exchange of the virtual items, in this case, skins, can be converted into more than a casual hobby. Whether the seller intends to get better equipment, step into the crypto world, or just get their hands on a new experience, it is really quite easy and worthwhile.

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Keep eyes peeled, get the most recent information, but above all, have fun the rest of the ​‍​‌‍​‍‌​‍​‌‍​‍‌way.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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BNB Stands Strong at $600 with Osaka Mendel Hard Fork on Horizon, Bulls Eyeing a Breakout

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Crypto Breaking News

Key Insights

  • BNB remains resilient around $600 as investors’ attention turns to the Osaka Mendel update and its immediate implications.
  • Updates to the network will improve transaction finality and fees, increasing adoption and demand in the long run.
  • A double bottom chart formation suggests a positive move once the price crosses above the resistance level at $687.

BNB Maintains Stability Before Network Upgrade

BNB maintains stability above the $600 mark, following a sharp increase that drove prices close to the $640 mark. After this positive price performance, it seems like the market is taking profits, leading to a slight retreat back to the $620-$630 mark. The current price performance can be attributed to the market’s cautious approach before a critical network event that will shape future price trends.

Investors’ focus is currently shifting to the Osaka Mendel hard fork, an upcoming upgrade where node operators will be required to upgrade their systems to stay compatible with the network. Despite the price stability, the current anticipation regarding the network upgrade will drive trading activities in the market.

Network Improvements to Increase Efficiency

The next update will feature a number of updates aimed at increasing the efficiency of the network. One of the updates involves fast finality where transactions will now process close to instantly. The introduction of fast finality is anticipated to have a positive impact on the network in terms of enhancing the user experience and attracting more advanced applications.

Gas limit modifications are set to ensure less congested transactions on the network and stable fees for the users. This update will go a long way in ensuring that the network maintains efficiency despite the increase in traffic. The increased compatibility with mobile devices will also boost security on the network.

Technical Setup Points to Likely Upside

From a technical standpoint, the current technical structure of BNB hints at an impending breakout. Technical chart setups suggest that the currency may be forming a double bottom. For such a pattern to form, the price must break out of the resistance level of $687, the neckline of the setup. Once it happens, BNB will have turned around.

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Additionally, some technical signals support the bullish stance, particularly on momentum indicators like MACD and Aroon. The upward trend on these indicators shows rising momentum, suggesting a bullish reversal.

Sentiment Stays Calm

However, despite all these positive signs, sentiment remains measured. Market participants are trying to find a proper balance between their optimism over the upgrade and the potential dangers of market volatility in the coming period. Also, the launch of leveraged trade instruments based on BNB added additional uncertainty.

The key factor supporting the current framework is the $600 support level. The ability to defend this area indicates strong buying interest, but its breakdown will undermine the bull forces and prevent a breakout.

Future Depends on Upgrade Success

As far as future prospects go, BNB will mostly rely on how effectively the upgrade to Osaka Mendel is implemented. In case of successful implementation and high volumes, it might give a trigger for BNB price action to breach important resistance barriers.

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If momentum will continue growing as anticipated, then BNB might be ready for an upcoming breakout session. Nonetheless, investors will probably watch developments in order to be able to make their decision.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Bitcoin Holds $75K Cost Basis as Key Support in Bull Run

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Crypto Breaking News

Bitcoin is hovering around $76,350, keeping near a cluster of cost-basis levels that bind different investor cohorts and institutional benchmarks. The convergence of recent buyers’ breakevens with the cost foundation implied by U.S. spot ETFs hints at a delicate near-term support zone around $75,000, even as the market weighs whether the latest price action signals stronger conviction among long-term holders.

Key takeaways

  • A tight cost-basis cluster around $75,000 is forming, potentially anchoring near-term price floors as BTC trades near $76k.
  • The one-to-three-month holder average cost basis sits at about $75,620, marking a critical pivot point that previously acted as resistance in March and now could support the bounce.
  • Bitcoin’s adjusted realized price sits at $72,300, with the market briefly closing above this mark, suggesting a broader base of accretive buying for circulating supply outside seven-year holders.
  • US spot Bitcoin ETFs carry an institutional cost basis near $76,700, reinforcing the $75k–$77k band; short-term holders’ cost basis sits higher, near $81,800, which could influence conviction if price holds above it.
  • Liquidity dynamics define the risk landscape: roughly $2.69 billion of long liquidations await near $74,000, while about $4.48 billion in short liquidations loom near $80,000. Recent activity cleared nearly $494 million in positions, underscoring how crowded bets sit around the $74k–$80k range.

Cost-basis convergence shapes the near-term floor

Data show a pronounced clustering of cost bases across investor cohorts. The one-to-three-month holder cohort averages about $75,620, a level that previously capped BTC when it dipped to $62,000 from $75,600 in a two-week span in March. Today, that same price region could act as a foothold for new demand, as a large fraction of recent entrants find themselves near break-even as price hovers around the mid-$70k zone.

Beyond the holding period cohorts, Bitcoin’s realized-price metric—which excludes coins held for more than seven years—has moved to $72,300. A close above this adjusted realized price indicates that a meaningful share of circulating supply has been acquired at costs below the current price, a traditional sign of growing conviction among investors who are less likely to sell quickly.

“A truly bullish signal would be for Bitcoin to start building a standard deviation above this average cost basis, pushing more investors into profit and encouraging them to hold due to increased conviction.”

Analysts note that the recent weekly close above the adjusted realized price points to stronger long-term conviction, though the picture remains nuanced. The cost-basis story is being reinforced, in part, by the price environments surrounding U.S. spot-Bitcoin ETFs, which tilt the landscape toward a steady institutional anchor in the $76,000s region.

Institutional baselines and what they imply for sentiment

Positioning around the U.S. spot ETF cost basis sits near $76,700, aligning price action with a wave of institutional accumulation that has characterized parts of the current cycle. Meanwhile, the short-term holder cost base sits higher, near $81,800, a level traders could use as a check against complacency if price maintains its hold above that threshold.

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Together, these overlapping cost bases compress around $75,000, creating a framework where both realized and unrealized positions concentrate within a narrow corridor. For traders and fund managers, that means flows around this price can produce outsized moves, given the density of positions in the same neighborhood.

The broader pattern invites readers to watch whether the market can sustain a move above the $75,000 floor long enough to lift more short- and medium-term holders into the green, thereby widening the base of support for a potential new leg higher.

Where liquidity and risk sit in the near term

The derivatives landscape paints a precise picture of risk around the $75,000–$80,000 band. On one side, cumulative long liquidations near $74,000 carry about $2.69 billion at risk, while on the other, short liquidations near $80,000 total roughly $4.48 billion. This dynamic underscores how close price movements around this zone can trigger rapid resets in positions and potentially amplify volatility.

A recent swing between $77,873 and $74,868 cleared about $494 million in positions, highlighting the ongoing churn within high-leverage bets. Market observers note that the pool of high-leverage longs has diminished, while a larger cohort of short liquidations remains above the $80,000 threshold. In short, the $74,000–$80,000 corridor continues to anchor positioning, with cost-basis clustering intensifying sensitivity to incoming flows.

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These liquidity contours echo broader market research that suggests investors are debating whether Bitcoin deserves the current price range and whether a breakout could be sustainable. For now, the crowd remains tethered to the mid-$70k zone as a fulcrum for near-term direction.

Related coverage: Most crypto investors believe Bitcoin is undervalued, according to a Coinbase survey. As readers consider the implications for risk appetite and allocation, the ongoing interaction between spot ETF demand, holder cost bases, and the evolving derivatives dynamics will be key to watch in the coming weeks.

This article reflects data and analysis from CryptoQuant and market commentary surrounding the latest price action and on-chain indicators. For readers seeking deeper context, ongoing coverage will monitor how cost-basis clusters evolve as new ETF flows and macro developments unfold.

Investors are advised to monitor whether BTC can sustain price action above $75,000, as this would not only validate the current cost-basis framework but also set the stage for exploring fresh demand from both retail and institutional participants in the months ahead.

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Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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