Crypto World
Chainlink price gains 3% as Consensus opens
Chainlink price rose 3% on May 4, its biggest single-day gain in two weeks, as Consensus 2026 opened.
Summary
- LINK climbed alongside Bitcoin’s return above $80,000, with the broader risk-on session lifting infrastructure tokens across the board on May 4.
- Chainlink’s CCIP cross-chain protocol averaged $90 million in weekly token transfers in recent months, providing a fundamental backdrop for the price move.
- LINK had been trading in a tight range between $8.70 and $9.58 for most of April, making May 4’s move its most decisive session in two weeks.
LINK rose alongside Bitcoin’s $80,000 reclaim and the Consensus 2026 conference opening in Miami on May 4. As crypto.news reported, LINK had been consolidating near $9.23 with its RSI at 42.31, just below all three major moving averages, making May 4’s gain a breakout from a month-long stagnation period.
Exchange outflow data from Santiment had already flagged 970,430 tokens leaving centralized exchanges on April 27, the highest single-day outflow since December 2025.
The price move put LINK at approximately $9.39, with $9.50 remaining the near-term technical resistance analysts had identified as the level needed to confirm a directional shift. The $10 level represents the larger resistance that would require sustained institutional follow-through to clear.
Chainlink’s infrastructure build as a price backdrop
As crypto.news documented, Chainlink launched 24/5 US equities data streams in April, delivering sub-second pricing for major stocks and ETFs to more than 40 blockchains. The protocol is embedded in the infrastructure of institutions including Swift, Euroclear, JPMorgan, Mastercard, and Fidelity International.
As crypto.news tracked, CCIP averaged approximately $90 million in weekly token transfers in early 2026 and handled $1.3 billion in cross-chain volume in a single week during April.
The tokenised real-world asset sector hit $27 billion in 2026, with Chainlink positioned as primary oracle infrastructure for that pipeline. Yahoo Finance data confirmed LINK’s intraday range and closing price on May 4.
As crypto.news noted, Chainlink holds approximately 64% of the oracle market and has secured more than $41 billion in total value, giving any broader risk rally a fundamental anchor to pull the token higher.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Crypto payments gain mainstream traction as trust and infrastructure become central to industry growth.
Summary
- Crypto payments are mainstream, with trust and security now critical as infrastructure maturity defines industry credibility.
- The CoinsPaid incident shows strong security lies in response, protecting funds, restoring services, and transparent communication.
- Upgrades like CCSS Level 3 for CryptoProcessing by CoinPaid highlight ongoing security improvements shaping trust in crypto payments.
Crypto payments are joining credit cards and bank payments as mainstream payment methods. In 2025, the total crypto market cap crossed $4 trillion for the first time, mobile wallet use hit a new high, and active crypto users reached hundreds of millions. Scale also changes the conversation for businesses. Speed and global reach still matter; however, trust now comes first.
Trust in crypto payments starts with the blockchain infrastructure. It protects funds, handles data with care, follows compliance rules, and keeps services stable under pressure. Security standards make or break the credibility of the entire industry at this point.
What crypto payment security means in practice
For merchants, security is not one control or one audit. It is a set of working systems that support every transaction from start to settlement. There are a few things to consider here:
- Fund protection
Customer due diligence, KYB checks, AML controls, an MLRO, precise risk scoring, and accounting documentation are all important for merchants. Exchanges and liquidity are also a part of that system – the more a provider can cut price volatility exposure at the point of sale, the better it protects the business side of the transaction.
- Data protection
Different regions have varying data management regulations, and payment data can be especially sensitive. Providers need to undergo independent audits, ensure data security, and demonstrate their ability to prevent the exposure of personal data. Mature security must be reviewed, tested, and renewed regularly, with relevant certifications such as ISO, SOC 2, and others.
- Regulatory compliance
Payment service providers need to hold relevant licenses in some jurisdictions, in addition to transaction screening and KYC/KYB policies that ensure compliance with AML and sanctions regulations. Compliance is becoming increasingly important as cryptocurrencies enter mainstream markets alongside credit card payments, with various consumer protections and expectations attached.
- User protection
A strong payment provider does not stop at moving funds from one wallet to another. It builds a process that reduces confusion, tracks transaction status, supports reconciliation, and provides clients with clear visibility into what is happening. Accurate reporting is part of operational security because it reduces risks and promotes transparency.
The reality of risk
No serious infrastructure provider sells the fantasy of total immunity. Digital payment systems handle value, data, credentials, and access rights. That makes them a natural target for attackers. In 2025, more than $6.7 billion had been stolen from cryptocurrency services. The lesson is not that crypto payments in particular are risky; for example, $20-30 billion gets stolen from businesses in credit card fraud each year. The lesson is that mature companies prepare for stress, respond fast, and recover in a controlled way.
This is the point many outside the industry miss. Trust does not come from pretending incidents never happen. Trust comes from the way a provider performs on a hard day. Preparedness, speed of response, system resilience, and clear communication tell clients far more than any slogan ever will.
Elements of a mature incident response
A strong incident response usually has four parts:
- Rapid detection. Internal measures must trigger alarm systems and help the team stop malicious activity quickly. Early detection limits damage and provides a real starting point for recovery.
- Containment. Attack vectors must be isolated, major partners must be alerted, and reports must be filed with law enforcement and relevant authorities.
- Recovery. Systems need to be quickly returned to operation once risk exposure is eliminated. Good recovery work restores core functions first and then stabilizes the rest.
- Communication. Clients need facts, not noise. Any payment company dealing with an incident must maintain active communication and ensure the security of client funds.
Coinspaid case: Examining an incident response
In 2023, the blockchain payment infrastructure provider Coinspaid faced a security incident with its payment gateway, CryptoProcessing. Service availability was affected, and the company lost an estimated ~$30 million. The incident was quickly contained, and no customer funds were lost.
This serves as a good case study of a mature security system:
- Detection systems helped find, assess, and ultimately limit the damage.
- Containment quickly moved to protect customer funds, all of which were secured.
- Core services returned, with the gateway handling 80% of its usual volume within a week.
- Communication stayed public and proactive throughout the incident.
The situation proved that security in crypto payments is a live, operational discipline. Public reporting from the company showed that the issue affected platform availability and company revenue, but not client funds. Updates then showed recovery progress within days. That is how mature infrastructure should be judged – by the quality of the response once an incident appears.
That measured response also helps reduce reputational risk. A defensive tone would have weakened trust. Silence would have weakened it too. A calm public record, built around fund protection, service recovery, and concrete actions, does the opposite and shows control under pressure.
Security work after the incident
Another sign of maturity in both systems and businesses is how recovery is handled. Blockchain payment providers, like any business handling funds or data, regularly face challenges and know how to address vulnerabilities and harden defenses following incidents.
Going back to our example, after the 2023 incident, Coinspaid outlined a series of security steps. The list included ISO 27001 work, stronger development standards, FIDO2-based authentication, hardware security review, external security audits, bug bounty activity, continuous traffic analysis, and ongoing team training.
More recently, in April 2026, CryptoProcessing by Coinspaid announced CCSS Level 3 certification for its wallet and key management infrastructure. These moves are all signs of a provider that keeps building years after the urgency has passed. Follow-through helps the market move forward and serves as a confidence signal for existing and future users.
Transparency as a trust factor
Security and transparency belong together. A provider may have strong internal controls, but trust weakens fast when clients cannot see service health in real time.
That is why public status infrastructure matters. CryptoProcessing’s status page at official website shows live service health across back office, API servers, transaction processing, deposits, withdrawals, exchanges, and invoicing. It also shows 90-day uptime, past incidents, maintenance notices, and offers various subscription options to quickly catch uptime issues.
Mature companies do not hide operational reality behind private messages and long support threads. They publish live status for everyone to see, which has become a standard for most trusted online services. Ultimately, it’s all about raising the standard for the industry at large,
Conclusion
Security in crypto payments is a process, not a final state. Markets grow. Threats shift. Controls improve. Attack methods change. Rinse and repeat. Companies that earn trust are the ones that keep working, keep communicating, and keep protecting client interests in real conditions.
In this market, maturity comes down to the ability to handle pressure with control. Providers earn trust when they protect client funds, keep systems resilient, communicate openly, and keep improving after the hard day has passed.
For the foreseeable future, security will remain the foundation of trust in payments. We’re unlikely to achieve an ideal system any time soon – and even if we did, it’d quickly stagnate – so, prevention and a good response to potential incidents are the best thing we have for now.
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.
Western Union has launched its US dollar-denominated USDPT stablecoin on Solana, marking its first move into blockchain-based payments and onchain settlement for its global remittance network.
One of the crypto infrastructure platforms involved in the launch, Fireblocks, said on Monday that USDPT is initially being rolled out in Bolivia and the Philippines, while Western Union said it plans to expand the stablecoin to more than 40 countries in 2026.
Major remittance companies have been eyeing stablecoins after the passage of the stablecoin-friendly GENIUS Act in July. MoneyGram started offering USDC (USDC) stablecoin services in Colombia in September, while Zelle announced plans to offer stablecoin-powered cross-border transfers in October.
Western Union said the “launch of USDPT reflects a broader shift in how global payments are evolving,” adding that more financial institutions will adopt “regulated digital assets as core infrastructure going forward.”
The stablecoin market cap currently sits at $317.3 billion, a figure that the US Department of the Treasury and Wall Street investment bank Citigroup have tipped to grow above $2 trillion by 2030.
Source: Western Union
Western Union to make USDPT available on crypto exchanges
USDPT is being issued by crypto infrastructure firm Anchorage Digital, the first federally regulated crypto bank in the US, while Fireblocks is providing the wallet and settlement infrastructure for the stablecoin.
Western Union said it plans to make USDPT available on licensed crypto exchanges and connect them to its broader payments and liquidity infrastructure.
Related: Australia draft payments vision eyes stablecoin interoperability
USDPT’s launch in Bolivia and the Philippines makes the stablecoin available to a combined 130 million people.
On Sunday, Bybit’s former chief marketing officer, Claudia Wang, said there was an opportunity for money transmitter firms like Western Union to tap into many untouched remittance corridors in the Americas, which have become a $174 billion market.
She said remittance corridors between the US and Central America are exploding, while many routes from within Latin America — such as from Argentina to Bolivia — have been “almost untouched by crypto rails.”
Western Union facilitates transfers for more than 150 million customers across more than 190 countries.
Magazine: Singapore isn’t a ‘crypto hub’ — it’s something better: StraitsX CEO
The White House is considering a plan to review powerful artificial intelligence models before they are released, according to reports published on May 5, 2026.
The proposal would mark a major shift in US AI policy. It could give the federal government a direct role in assessing advanced models before they reach the public or are deployed across government systems.
The discussions reportedly center on a new executive order. It could create an AI working group involving government officials, national security agencies, and technology executives.
Trump as the AI Guardian Gatekeeper?
The immediate concern is security. Reports say officials are worried that frontier AI models could help users discover software flaws, write harmful code, or accelerate cyberattacks.
One model reportedly under scrutiny is Anthropic’s Claude Mythos. Cybersecurity experts have warned that its coding ability could make complex attacks easier to plan and execute.
However, the White House has not confirmed a final policy. Officials have described talk of a new executive order as speculation, saying any announcement would come directly from President Donald Trump.
The main risk is overreach. A pre-release review process could slow AI development, create political pressure over model launches, and give Washington unusual influence over private technology.
At the same time, the security argument is not weak. If a model can meaningfully improve cyberattack capability, the government has a clear reason to examine how it is released and who can access it.
The key question is scope. A narrow review for national security and government deployment would be easier to justify. A broader approval system for all major AI models would be more controversial.
There is a recent comparison in crypto. Trump created a digital asset working group in January 2025 to coordinate policy across agencies. That group later helped shape the administration’s crypto agenda, including stablecoin rules and agency-level action.
That history matters. Trump’s working groups can start as advisory bodies, then become policy engines. If the AI plan moves forward, it may become the first serious test of how far his administration is willing to control frontier AI before release.
The post President Trump Could Vet AI Models Before Public Release appeared first on BeInCrypto.
South Korea’s cryptocurrency sector is sounding the alarm over proposed AML rule changes that could force virtual asset service providers (VASPs) to report all overseas-linked transfers valued at 10 million won or more as suspicious by default. Industry observers warn that such a threshold could dramatically expand the volume of suspicious activity reports (SARs) and overwhelm compliance operations across the market.
According to Yonhap News, the Digital Asset eXchange Alliance (DAXA), the industry body representing the country’s major exchanges, submitted formal comments on the Enforcement Decree of the Specific Financial Information Act and related supervisory rules. The positions reflect the input of 27 registered VASPs, including the five largest platforms—Upbit, Bithumb, Coinone, Korbit, and Gopax.
DAXA estimated that the proposed rule could increase SARs from roughly 63,000 filings in the previous year to more than 5.4 million, an 85-fold surge that could render practical compliance unworkable. The group also pushed back against a proposed requirement to verify the accuracy of customer information, arguing that lower-level rules create duties that are not clearly defined in the underlying statute.
The Korea-focused pushback comes as authorities press a tighter AML regime for crypto firms, while industry participants warn that the scope of compliance obligations may outpace practical execution. In parallel with the submission, the Financial Services Commission (FSC) and the Financial Intelligence Unit (FIU) proposed amendments on March 30, with a public notice window running through May 11. If finalized, the rules would require domestic VASPs conducting virtual asset transfers with overseas VASPs to report transactions of 10 million won or more as suspicious regardless of risk level, with finalization expected in July after regulatory and legal review.
As the regulatory process advances, the sector already faces legal scrutiny over AML-related sanctions imposed by the FIU. Industry participants have challenged these sanctions in court, highlighting the evolving tension between a robust regulatory framework and practical enforcement capabilities.
Key takeaways
- The proposed AML amendments would mandate automatic SAR reporting for overseas-linked transfers at or above 10 million won, regardless of risk assessment.
- Industry body DAXA represents 27 registered VASPs, including South Korea’s five largest exchanges, and warns that SAR volumes could surge to over 5.4 million annually.
- Compliance concerns center on operational feasibility and the perceived mismatch between the new reporting duties and the underlying legal framework.
- Regulators have opened a public notice period (through May 11) with an anticipated July finalization, signaling a rapid regulatory trajectory in crypto AML policy.
- Separately, major exchanges have been contesting FIU sanctions in court, illustrating a developing enforcement landscape that could influence future supervision and licensing dynamics.
Regulatory backdrop: tightening AML oversight
The amendments to the Enforcement Decree of the Specific Financial Information Act, proposed by the FSC and FIU, aim to strengthen cross-border AML controls for digital asset transfers. The core change would require domestic VASPs to flag and report overseas-linked transfers of 10 million won or more as suspicious, irrespective of the assessed risk. The policy intent is to close gaps where illicit activity could exploit cross-border liquidity channels, but industry participants argue that the rule could become too broad and operationally burdensome, especially for smaller firms with limited compliance capacity.
The public notice period offers an opportunity for stakeholders to weigh in before any final rule is issued. If enacted, the changes would align with a tightening trend in crypto regulation seen in various jurisdictions, though the Korean framework would operate within its own statutory and supervisory context. The anticipated July finalization suggests authorities expect to move quickly from consultation to enforcement once the legal reviews are complete.
Beyond the specific threshold, observers note that Korea’s AML drive intersects with broader policy objectives—such as enhanced customer due diligence, enhanced transparency for cross-border flows, and tighter verification standards. While the goal is to mitigate illicit finance risks, firms warn that a miscalibrated regime could disrupt legitimate activity, complicate banking relationships, and raise compliance costs across the ecosystem.
Judicial challenges and enforcement trajectory
Amid regulatory tightening, exchanges are increasingly challenging FIU-imposed sanctions in court, signaling a shifting enforcement trajectory that could influence future supervisory practices. The outcomes of these cases may shape the boundaries of how strictly AML rules are applied and interpreted in practice.
In April, Upbit operator Dunamu secured a first-instance ruling that canceled a three-month partial business suspension tied to alleged customer due diligence shortcomings and transactions with unregistered foreign VASPs. The FIU appealed the decision on April 30, underscoring the ongoing legal scrutiny of enforcement measures.
Separately, Bithumb obtained court relief after the Seoul Administrative Court suspended enforcement of a six-month partial business suspension pending the main case resolution. The suspension followed an FIU inspection that identified alleged violations of the Financial Information Act, including failures related to transactions with unregistered overseas VASPs.
Coinone also received a temporary reprieve, challenging a three-month partial suspension and a 5.2 billion won fine on AML grounds. Local reporting highlighted issues around customer verification and interactions with unregistered overseas VASPs as part of the underlying dispute.
These court actions illustrate a fragile balance between aggressive AML enforcement and ensuring regulatory measures align with due process and practical compliance realities. The outcomes could influence how future sanctions are imposed, reviewed, and sustained, potentially affecting licensing considerations and ongoing supervision of exchanges operating in Korea.
Context and implications for compliance and cross-border regulation
Korea’s AML push is part of a broader, global trend toward tighter crypto regulation. While the intent is to curb illicit activity and protect financial systems, the practical implications for exchanges, banks, and institutional participants are significant. The proposed threshold—combined with mandatory reporting of overseas-linked transfers regardless of risk—could alter risk assessment frameworks, audit trails, and intergovernmental cooperation on enforcement. For firms with international operations or partner banks abroad, the changes may necessitate enhanced cross-border compliance programs, more robust data handling procedures, and closer alignment with domestic and overseas regulatory expectations.
In a wider policy context, Korea’s approach parallels global moves to create more consistent AML standards for crypto activities, while also highlighting the ongoing challenge of reconciling rigorous enforcement with operational feasibility. As with other advanced regimes, the interplay between domestic law, supervisory practice, and cross-border cooperation will shape the crypto compliance landscape for years to come.
Closing perspective: With the July deadline for finalizing the amendments approaching and ongoing court actions shaping enforcement precedents, the coming months will be critical for exchanges, regulators, and compliance teams as they navigate a rapidly evolving regulatory regime and its practical implications for cross-border crypto activity.
Crypto World
Bitcoin Price Today: Pepeto Exchange Targets 100x as BTC Posts Strongest April Since 2021 With $2.44B in ETF Inflows
The bitcoin price today shows BTC trading near $78,411 after Cointelegraph reported an 11.87% rally in April backed by $2.44 billion in spot ETF inflows, the strongest monthly performance of 2026, and when Bitcoin posts its best month since early 2021 while institutional money flows in at record levels, the bull run is building strength.
The market consolidates below $80,000, but consolidation is exactly where the projects at presale pricing with real exchange infrastructure prepare to deliver 100x when the breakout arrives.
BTC Rallies 11.87% in April With $2.44 Billion ETF Inflows as Bulls Target $84,000 Breakout
Cointelegraph reported Bitcoin rallied 11.87% in April with $2.44 billion in spot ETF inflows, while May 1 alone saw $630 million with BlackRock’s IBIT pulling $284 million. Bulls now target $84,000.
When BTC holds strong on the best monthly inflows since October 2025, presale entries with exchange tools capture the buying wave first.
What Crypto Should You Enter as the Bitcoin Price Today Holds Strong After the Best Month of 2026?
Pepeto: The Exchange Presale That Smart Capital Is Loading While the Bitcoin Price Today Consolidates
BTC at $1.5 trillion already sits at a valuation where even a strong breakout past $80,000 delivers single digit percentage gains, and while those gains are real, they are not the kind that change your financial position in months. The 100x entries in crypto have always come from projects that are still building before the listing gives them a market price, and that is exactly what is happening with Pepeto right now.
Over $9.79M in capital already flowed into the presale, showing the kind of commitment that only appears when traders believe something real is being built. A full SolidProof audit covers every contract, and the founder behind the original Pepe token, a project that reached $7 billion, leads the build.
Due to the rapid growth and strong attention the project is receiving, Pepeto has faced a domain attack on its original website. The team responded fast and launched Pepeto as the provisory active domain where investors can enter the presale safely right now.
The timing matters. April’s 11.87% rally confirms crypto demand is building, not fading. That momentum creates the perfect conditions for an exchange that brings Ethereum, BNB Chain, and Solana under one roof, charges nothing on trades, and shows risk scores before any money moves.
Staking rewards at 175% APY compound daily right now. A $10,000 position produces about $1,458 in monthly returns flowing into your wallet while the listing approaches. The traders already inside are building positions during this consolidation and compounding returns every single day, not watching from the outside hoping for a signal, and 2026 is quickly becoming the year where this single presale entry could change everything for those who recognized it in time.
Bitcoin (BTC) Price Today at $78,411 as Bulls Push Toward $80,000 Resistance
Bitcoin (BTC) trades near $78,411 with the bitcoin price today showing strength after the strongest April since 2021 according to CoinMarketCap.
Support holds at $75,800 with a target of $84,000 if bulls flip $80,000. At $1.5 trillion market cap, BTC offers 8% upside to $84,000, not the 100x returns that presale entries deliver at Pepeto.
Dogecoin (DOGE) Price at $0.109 as DOGE Lacks Exchange Tools and Depends on Meme Culture
Dogecoin (DOGE) holds near $0.109 with support at $0.10 and resistance at $0.12. DOGE reached an all-time high of $0.74 in May 2021 and sits 85% below that peak, with recovery depending entirely on social energy returning.
BTC holds strong but DOGE at this level offers hope while Pepeto at presale pricing offers exchange backed growth with a verified audit that meme coins cannot match.
Conclusion:
The strongest April in years just confirmed that the bull market is building, and the widest gap between a presale price and a listing price in this entire market sits inside Pepeto right now. Each round closes quicker than the last, 175% APY is growing positions daily while most traders watch the $80,000 level and wait for a signal, and the listing will shut this window permanently.
Visit Pepeto and enter the presale now, because the moment the exchange goes live and the bitcoin price today sends fresh capital into every connected chain, the price you see right now becomes a memory, and 2026 delivers its biggest returns to the traders who got in while others were still looking at charts.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the bitcoin price today in May 2026?
The bitcoin price today shows BTC at $78,411 after an 11.87% rally in April with $2.44 billion in spot ETF inflows, the strongest month of 2026. Visit Pepeto.
Why is Pepeto a better entry than Dogecoin right now?
Pepeto has a full exchange in development with a SolidProof audit and $9.79M raised, while Dogecoin lacks infrastructure and depends entirely on meme sentiment for any price recovery from its current 85% distance below all-time highs.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Bitcoin (BTC) has reclaimed $80,000 for the first time since January 31, ending a three-month price drought. The breakout flips a key level back into support and shifts the focus to $85,000 as the next major test.
Daily indicators have turned constructive, yet the lower timeframe still flashes warning signs. A breakdown from a multi-week ascending channel suggests bears have not been fully cleared from the picture.
Bitcoin Daily Chart Confirms Breakout Above Descending Trendline
BTC bounced off the $75,000 area, which acted as resistance throughout February and March, and is now pushing higher with support from the 20-day moving average. The move marks the first daily close above $80,000 in more than three months.
The breakout also completes a clean reclaim of the descending trendline drawn from the April 13 swing high. The Relative Strength Index (RSI) has trended steadily higher and now sits just below overbought territory, with no bearish divergence on the daily timeframe.
The Moving Average Convergence Divergence (MACD) has flipped with a bullish crossover.
Immediate resistance sits at the 0.382 Fibonacci retracement near $85,000. A clean break above that level would open the path to the 0.618 retracement at $100,900, broadly in line with the bullish outlook flagged earlier this month.
Van de Poppe Sees $86,000 As First Resistance Target
The bullish daily setup aligns with commentary from analyst Michael van de Poppe, who shared a daily BTC/USDT chart pointing to fresh institutional demand. He flagged $600 million in spot BTC ETF inflows on the first trading day of May, consistent with the strong inflows recorded throughout April.
Van de Poppe described the recent consolidation as relatively shallow, suggesting that buyers absorb dips quickly while inflows continue to build. He highlighted the $79,000 zone as the level that needs to break and hold before the next leg higher.
“Strong consolidation on $BTC… The $79K area is a crucial zone. That needs to break. If this breaks, I’m assuming we’ll see more upwards momentum and I’ve got $86-88K as first resistance area and $92-94K as the crucial one.”
His roadmap places $86,000 to $88,000 as the first overhead resistance and $92,000 to $94,000 as the more decisive zone. That layered map closely tracks the support levels flagged in earlier BeInCrypto coverage.
BTC 4-Hour Chart Flags Possible Drop to $75,000
The lower timeframe complicates the bullish daily story. On the 4-hour chart, RSI has pushed into overbought territory, and MACD prints higher green momentum bars.
However, volume has been declining throughout the most recent leg up, which suggests the stronger move may still be ahead.
A bearish scenario also remains on the table. Since March 26, BTC has traded within a parallel ascending channel, breaking down from the lower band on April 27. The current price action looks like a retest of that broken channel from below.
If the lower band rejects price as resistance, BTC could slide back toward $75,000, where bulls would need to defend the 0.236 Fibonacci retracement and the rising 50-day moving average. A loss of that area would invalidate the broader bullish thesis and could echo earlier patterns when ETF flows cooled and the price retraced.
The next 24 to 48 hours look pivotal. A decisive 4-hour close back inside the broken channel would invalidate the bearish setup and clear the road to $85,000.
A sharp rejection here would shift attention to the $75,000 floor.
The post Will Bitcoin Reclaim $85,000 Next? Daily Chart Confirms Breakout appeared first on BeInCrypto.
Bitcoin is beginning the Hong Kong trading day under $80,000, according to CoinDesk market data, as the market once again tests a level that has repeatedly capped upside in recent sessions.
Price action remains rangebound just below the $80,700 short-term holder realized price, a key on-chain level now acting as near-term resistance, Glassnode said in this week’s market update.
The issue is not just another rejection near $80,000. Presto Research’s April timezone data shows Asian trading hours consistently dragged on returns, while U.S. and European sessions drove most of the gains.
Hong Kong’s three spot Bitcoin ETFs — ChinaAMC, Bosera Hashkey, Harvest — have gone effectively dormant. Net assets sit at $319.48 million, with daily turnover routinely under $2 million and net creations at zero on most April sessions.
At the same time, capital in the region appears to be rotating elsewhere. Hong Kong’s IPO market raised roughly HK$110 billion in the first quarter, its strongest start in five years, with a heavy concentration in mainland China AI and technology listings. With over 400 IPO applications in the pipeline, the Hong Kong exchange is effectivley full for the year.
For regional investors, those deals offer a competing high-growth narrative that may be drawing dollars for risk assets away from crypto.
The market is testing whether BTC can hold near $80,000 without broader global participation, market maker Enflux wrote in a note to CoinDesk.
“if Asian participation stays absent, any sustained push above $80K requires European and US sessions to keep carrying the load without the overnight liquidity buffer Asia normally provides,” Enflux wrote.
That dependency is becoming more visible in the flow data. U.S. spot bitcoin ETFs swung to $783.4 million in net outflows last week, while trading volume fell 13.45%, according to Glassnode. Spot cumulative volume delta, which tracks whether buyers or sellers are initiating trades, dropped 28.6%, pointing to weaker buying pressure.
Together, the data suggest the demand that drove April’s rally is no longer building, leaving bitcoin pressing into resistance without a clear second leg of support. With traders also clustering expectations in the $78,000 to $82,000 range, according to Enflux, the market is treating $80,000 less as a breakout level and more as the top of a band.
Friday’s U.S. payrolls report is the next key catalyst. A strong print could give Western flows enough momentum to push higher again. A miss would leave bitcoin testing support without the global participation that typically underpins sustained rallies.
BILL-USD pair to launch once liquidity is ready.
Summary
- Coinbase has confirmed it will launch spot trading for the Billions (BILL) token, with a BILL-USD pair scheduled to go live once liquidity conditions are met.
- Users in supported regions can already generate BILL deposit addresses on coinbase.com, the Coinbase app, and Coinbase Exchange, though deposits remain paused until the issuer unlocks transfers.
- The listing follows Coinbase’s earlier decision to add BILL to its public asset roadmap ahead of the Billions Network token generation event (TGE) on May 4.
According to Coinbase’s latest listing update, the exchange “will launch BILL (Billions) spot trading” and expects to open the BILL-USD order book later today in supported trading regions, contingent on sufficient liquidity and market-maker support.
The company has already enabled users to generate deposit addresses for BILL on its website, mobile app, and Coinbase Exchange, but has stressed that “deposits of BILL will not be available until the asset issuer unlocks transfers,” meaning on-chain deposits and trading will only begin after the project lifts transfer restrictions.
Third-party coverage notes that once BILL goes live, Coinbase plans to offer at least a BILL-USD trading pair, with some reports suggesting additional pairs such as BILL-USDT and BILL-EUR may follow, depending on demand and regional approvals.
The listing comes shortly after Billions Network announced its token generation event for May 4, 2026, positioning the Coinbase spot launch as one of the project’s first major centralized exchange listings.
In earlier communications, Coinbase added Billions (BILL) to its official listing roadmap, a procedural step the exchange says “signals that we are exploring the asset” but does not guarantee trading; historically, however, most roadmap assets have progressed to full listings once technical and compliance checks cleared.
A recent crypto.news briefing described the roadmap addition as “a significant visibility boost” for Billions, noting that being on Coinbase’s list often catalyzes liquidity and community interest ahead of an actual trading launch.
Another crypto.news overview highlighted how the project timed its TGE to coincide with the Coinbase listing window, aiming to funnel initial token distribution directly into a large, regulated spot venue.
A separate crypto.news analysis pointed out that by gating deposits until the issuer unlocks transfers, Coinbase is trying to reduce technical risk and ensure that on-chain flows into BILL-USD order books start only once the token’s contract is fully live and stable.
Bitcoin price broke above $80,000 on May 4 for the first time since January 31, reaching the level as Consensus 2026 opened in Miami and $630 million in US spot Bitcoin ETF inflows on May 1 gave the move institutional backing.
Summary
- April’s $1.97 billion in spot Bitcoin ETF inflows was the highest monthly total of 2026, setting the stage for the $80,000 reclaim.
- CryptoQuant analysts said the rally is driven by ETF inflows and leveraged longs, not broad-based spot buying, a pattern historically linked to fragile gains.
- Polymarket odds put the chance of Bitcoin reaching $90,000 in May at just 23%, reflecting low conviction about further upside.
Bitcoin price climbed above $80,000 on May 4, the day Consensus 2026 opened at the Miami Beach Convention Center. As crypto.news reported, April’s $1.97 billion monthly ETF total was the strongest of 2026, and the move also came alongside improved geopolitical risk sentiment after Trump’s “Project Freedom” military operation lifted risk appetite across global markets. 21Shares chief market strategist Adrian Fritz said $80,000 is “quite a resistance” and that a confident break above it “could spark some momentum” as recent buyers return to profit.
As crypto.news documented, US spot Bitcoin ETFs logged eight consecutive days of net inflows totalling $2.1 billion through April 23, with BlackRock’s IBIT responsible for roughly 75% of all capital entering the category.
CryptoQuant noted the April rally was “powered by buyers who don’t fully trust” the level, with perpetual futures demand dominating over spot accumulation. Strategy, the largest corporate Bitcoin holder, paused its weekly purchases ahead of its May 5 earnings report.
As crypto.news tracked, Bitcoin had previously tested $80,000 twice in 2026 and been rejected both times. Polymarket’s implied probability of $90,000 in May stands at 23%, placing the market in the “possible but not expected” category.
Consensus 2026 runs May 5 to 7 at Miami Beach Convention Center with 20,000 or more attendees, covering tokenisation, stablecoins, and CLARITY Act developments. CCN reported that the conference gives those themes a public stage just as Bitcoin attempts to turn $80,000 from a headline level into support..
Bitcoin extended a fresh rally, testing the $80,000 level for the first time in three months as miners’ profitability improves and large ETF inflows buoy sentiment. The move came with about $270 million in liquidations on leveraged short futures, signaling near-term buying pressure even as risk assets move in tandem with tech shares.
Across markets, Bitcoin still trades well below its October peak around $126,200, keeping investors wary of a full-blown breakout. Yet the latest data points suggest a constructive setup for bulls: rising on-chain profitability for miners, a rebound in market share versus altcoins, and renewed institutional demand into BTC and ETH ETFs. The Bitcoin-to-altcoin dynamic appears to be shifting back toward BTC as investors reassess risk and liquidity conditions in the space.
Key takeaways
- Mining profitability has improved to about $37 per day for a one pentahash/second unit, the highest in months, even as total hashrate has declined roughly 13% in the past quarter.
- Bitcoin dominance reached its strongest level since mid-2025, signaling waning appetite for many altcoins and a focus on BTC-led exposure.
- CoinShares data show combined assets under management for BTC and ETH exchange-traded products at about $147 billion as of April 27; Solana and XRP ETFs remain well under $3 billion each, underscoring concentration in the largest blue-chips.
- Options data points to cautious optimism: call premiums on Deribit outpaced puts by roughly 24% on Monday, suggesting more appetite for upside bets than earlier in the week.
- Friday’s roughly $630 million net inflow into US-listed spot BTC ETFs reinforces renewed institutional demand alongside ongoing mining and hash-rate dynamics.
Mining profitability underpins BTC resilience as hash power retreats
Bitcoin’s latest price action comes amid a rebound in miners’ economics. The measured daily return for a one pentahash/second (PH/s) unit climbed to about $37, a level not seen since late January, highlighting a shift toward profitability even as the network’s total hasrtable contracted by around 13% over the last quarter. The improvement matters because it can alter miners’ behavior—reducing the incentive to liquidate reserves and supporting network security during periods of lower hash power.
Publicly listed mining companies have been balancing debt management with expansion into other growth areas. Notably, Riot Platforms disclosed a sale of Bitcoin worth about $250 million in the most recent quarter, a move that underscores ongoing pressure to optimize balance sheets in a sector characterized by rapid infrastructure costs and shifting capex needs. The combined effect of stronger profitability and selective selling suggests miners may be better positioned to weather downturns while continuing to invest in capacity and energy efficiency.
On-chain and market data add nuance to this narrative. Data from BGometrics indicates miner reserves were at multi-year lows, a proxy for the potential for future selling pressure if reserve tap points rise. Yet the recent profitability rebound helps mitigate that risk, offering a potential counterweight to any renewed reserve release. Meanwhile, hash price, a real-time profitability indicator that blends price and network health, has continued to move in a positive direction, aligning with broader risk-on sentiment.
Taken together, the mining sector’s current momentum is a key piece of the BTC puzzle. It provides a more favorable backdrop for miners to sustain operations and for the network to maintain security as the hash rate fluctuates. When miners are more profitable, the incentive to sell lessens, which can support price stability even amid macro headwinds.
BTC leadership and institutional demand reshape the altcoin narrative
Bitcoin’s market leadership is reflected not only in its price action but also in where institutional capital flows. Bitcoin and Ether exchange-traded products (ETPs) now command about $147 billion in assets under management, according to CoinShares data published this week. By comparison, similar products tracking Solana and XRP struggle to surpass $3 billion each, underscoring the heavy tilt toward the largest two crypto assets among institutional buyers. Collectively, BTC and ETH account for roughly 95% of that market, highlighting a persistent concentration risk and a growing perception that the most liquid, regulated vehicles remain the preferred route for large investors.
The tilt toward BTC is mirrored in on-chain dynamics. Bitcoin’s dominance—measuring BTC’s share of total crypto market value excluding stablecoins—has risen to its highest level since mid-2025 as demand for alternative tokens softens. This shift occurs amid a broader cooling in DeFi activity and ongoing concerns around governance tokens, memecoins, and certain decentralized exchange ecosystems following notable security incidents. While the altcoin complex has drawn some attention for diversification, the prevailing appetite among cautious institutions appears to favor BTC-backed exposure and blue-chip assets within the sector.
Market participants have also keenly watched call and put activity in the options market. Deribit data shows call premiums outpacing put premiums by about 24% on Monday, marking a shift from weekend sentiment and signaling greater willingness to bet on upside moves in the near term. While this does not guarantee a sustained rally, it suggests a tilt toward a more constructive risk posture and a willingness among traders to probe higher price levels with defined risk via options.
Equity-style flow data reinforce the story. On Friday, US-listed spot BTC ETFs attracted roughly $630 million in net new money, a sizable vote of confidence from institutional buyers that complements the mining and on-chain improvements driving sentiment. The combination of higher miner profitability, stronger BTC dominance, and robust ETF inflows paints a picture of a crypto market that is rotating back toward BTC leadership after a period of broader altcoin focus.
What to watch next in a BTC-led market backdrop
As investors weigh the ongoing dynamics—mining economics, reserve behavior, ETF demand, and the evolving options curve—the path for Bitcoin will hinge on whether momentum can sustain through broader macro cycles and regulatory developments. A few key watchpoints emerge: how long mining profitability remains supportive as energy costs and efficiency continue to evolve; whether miner balance-sheet strategies shift in response to price movements and reserve levels; and how institutional appetite for BTC and ETH ETFs evolves as new products and regulatory clarity emerge. If the current combination of profitability, dominance, and inflows persists, a move toward new highs or a test of key resistance levels could be on the horizon, with some analysts viewing $85,000 as a plausible milestone should momentum hold.
In the near term, readers should monitor ETF flow data, miner activity, and option-market signals for corroborating evidence of the sentiment shift. Altcoins could remain under pressure if BTC strength broadens, but any sustained improvement in mining profitability and ETF demand would likely keep BTC in the spotlight as the sector navigates a mixed but improving risk environment.
This article reflects data and reporting from Cointelegraph and its referenced sources, including BGometrics, Riot Platforms, HashrateIndex, CoinShares, and Deribit. Readers are advised to conduct their own research before making investment decisions.
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