Bitcoin has experienced yesterday's non-farm data. We have already mentioned that the bullish momentum was obviously insufficient as it surged. We should start to avoid going long as much as possible. Currently, within the 4-hour timeframe, there is still a risk of a pullback.
In the short term, pay attention to whether this 4-hour candlestick can stabilize at the middle line. If it fails to do so and pulls back, we need to focus on the range of 95000-96000, which is also a point where the previous neckline broke. Additionally, we need to pay attention to the resistance between 93000-94000. Finally, we still need to keep an eye on the lower support level of 91500. For the short term, these are the key levels to watch. Above, Bitcoin is still expected to rally after confirming a pullback.
We need to monitor the breakout situation at the integer level of 98000-100000, as 100000 remains a relatively strong resistance level. Therefore, we should pay attention to the breakout situation at this point.
This isn’t just a small policy update, it’s a seismic signal. Apple’s new guidelines indicate that crypto wallets, NFT platforms, and blockchain-based tools can now operate with fewer hurdles in the App Store. For developers focused on crypto app development, this could be the breakthrough they’ve been waiting for. Until now, many developers were limited by strict terms, such as bans on token sales or excessive transaction fee cuts. But with Apple softening its stance, we might finally see an influx of Web3 apps built with a focus on user experience and mainstream adoption. This has the potential to create a more accessible crypto ecosystem, bridging the gap between average users and blockchain technology.
Key lawmakers are set to release a new discussion draft in the coming days that outlines a significant regulatory framework for digital assets, ahead of a major congressional hearing next week.
Top Republicans on the House Financial Services Committee — Reps. French Hill and Bryan Steil — along with their counterparts on the House Agriculture Committee — Reps. Glenn "GT" Thompson and Libertarian Dusty Johnson — will release the draft before a May 6 joint hearing on digital assets, a source familiar with the matter confirmed to The Block.
Onafriq’s founder and CEO, Dare Okoudjou, said: “Our partnership with Circle is an important milestone, reinforcing Onafriq’s commitment to harnessing technology to remove complexity from cross-border payments.
By integrating USDC, we aim to simplify financial transactions for institutions and individuals, reduce costs, and strengthen trust.
This collaboration underscores our vision to democratise access to payments and drive financial inclusion across the globe. We’re not just envisioning the future of payments – we’re actively building it.”
Miriam Kiwan, Vice President, Middle East & Africa at Circle, said: “The emerging markets that Onafriq serves hold tremendous potential for digital asset innovation, particularly in the adoption of stablecoins for cross-border payments.
Visa & Bridge Announced New Stablecoin-Linked Card Coming to Latin America
There is no denying that payment companies like Visa have attempted to stay at the forefront of the digital revolution. Earlier this year, the company was in talks with OpenAI founder Sam Altman about launching a crypto stablecoin wallet. Indeed, it builds upon the payment tech firm’s interest in growing the reach of the digital asset.
That continued on Wednesday, as the firm unveiled a groundbreaking new crypto product. Specifically, Visa has launched crypto stablecoin payments in Latin America through a newly issued card coming to the region. Indeed, its presence should provide a jolt in the adoption and utilization of the asset class.
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· Share an example of an airdrop you avoided — and why?
On March 11, 2025, the U.S. Securities and Exchange Commission (SEC) announced delays in approving several altcoin-based exchange-traded funds (ETFs). The affected applications include ETFs for cryptocurrencies such as XRP, Solana (SOL), Litecoin (LTC), and Dogecoin (DOGE). This postponement allows the SEC additional time to thoroughly evaluate these proposals before making final decisions.
The 32-song playlist is stocked with songs that are slyly critical of Trump’s administration so far: The Eagles’ “Lyin’ Eyes,” the Who’s “Won’t Get Fooled Again,” John Legend’s “Same Old Story,” B.B. King’s “Fool Me Once” and Loverboy’s “Working for the Weekend,” a jab at Trump’s near-weekly Mar-a-Lago trips.
A smattering of artists who notably came out against the mogul on the campaign trail – Bruce Springsteen, Stevie Wonder, Beyonce and John Mellencamp – are featured on the playlist as well.
As Bitcoin trades at its highest levels since early March, Glassnode’s latest analysis shows a sharp rise in "hot supply"—the volume of BTC that has moved within the past week. This metric serves as a proxy for short-term holder (STH) behavior and speculative investor activity.
Hot supply has grown by over $21.5 billion since March 23, when it reached a local low of $17.5 billion.
As of April 29, the value of this metric stands near $40 billion, its highest level since February 2025.
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What Is a Crypto Airdrop?
A crypto airdrop is a marketing strategy used by blockchain projects to distribute free tokens to users in exchange for completing simple tasks like joining a community, holding a specific token, or testing a new platform.
Three major Abu Dhabi entities—sovereign wealth fund ADQ, conglomerate International Holding Company (IHC), and First Abu Dhabi Bank (FAB)—have announced plans to launch a stablecoin fully regulated by the Central Bank of the United Arab Emirates (CBUAE). This stablecoin will be pegged to the UAE dirham and aims to facilitate digital payments and enhance the nation’s adoption of digital currencies.  
The proposed legislation would allow the state treasurer to diversify investments into digital assets under certain conditions, such as minimizing financial risk. The bill stipulates that no more than 10% of the total deposits made in the fund remain invested during any given fiscal year. In addition, the treasurer would be allowed to lend digital assets from the fund to earn financial returns. However, this action comes with a prerequisite: the state must be shielded and not exposed to further financial risk.
Last time President Trump pressured the Federal Reserve to cut interest rates, Bitcoin's price skyrocketed. In 2019, as Trump pushed Fed Chair Jerome Powell for lower rates, Bitcoin's price surged from around $5K to an incredible $60K over the next 24 months!
Fast forward to today: Trump is back in action, calling for rate cuts, and Bitcoin is already flirting with $95K, with many predicting it could soon hit $100K.
Last time President Trump pressured the Federal Reserve to cut interest rates, Bitcoin's price skyrocketed. In 2019, as Trump pushed Fed Chair Jerome Powell for lower rates, Bitcoin's price surged from around $5K to an incredible $60K over the next 24 months!
Fast forward to today: Trump is back in action, calling for rate cuts, and Bitcoin is already flirting with $95K, with many predicting it could soon hit $100K.
Could we see Bitcoin's price jump 12X again if history repeats itself? 🤔
The president's bold moves are creating a lot of market tension, and the stakes have never been higher for both traditional finance and the world of cryptocurrency. Stay tuned!
Brazil has achieved a major milestone, having recorded the success of being the first country to introduce a spot XRP exchange-traded fund (ETF). Brazil’s leading asset manager, Hashdex, added the XRP spot ETF to the B3, Latin America’s largest exchange market, under the symbol XRPH11 on April 25.
The new ETF is tied to the Nasdaq XRP Reference Price Index, which provides Brazilian investors with a new way to invest in XRP through an exchange-traded instrument. Genial Investimentos will be the platform through which the fund will be operated, and Genial Bank SA will act as the fund’s custodian. Hashdex intends to invest at least 95% of the value of the fund in XRP through futures, securities, and other means.
The asset is clearly having difficulty maintaining steady upward momentum, according to an analysis of XRP's price chart. XRP encountered significant resistance following a brief test of the 100-day exponential moving average (EMA), and it has since been consolidating. The fact that the asset has held above the crucial support zone at about $2.15 in spite of these difficulties indicates that bulls are not giving up easily.
US and China tariff tensions continue to dominate the focus, with signs of deescalation mounting even as President Trump sent mixed signals on the state of relations.
On Friday, reports emerged that China quietly rolled back tariffs on some US semiconductors, easing pressure on its tech sector, along with certain US pharmaceuticals. Bloomberg reported that Beijing is also weighing tariff relief on medical gear and chemicals.