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Price analysis 5/6: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin is facing selling near the 50-day SMA, indicating that the range-bound action may continue for a few days. Source link

Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded

While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license. Source link

Bitcoin distribution 'danger zone' over, analysts say

Bitcoin’s post-halving “danger zone” is over as Bitcoin establishes a firm footing above the $60,000 re-accumulation range, new analysis suggests. Source link

Fairshake PAC and affiliates raise $102M to support crypto candidates

The Super PAC and its two affiliates have backed ads or otherwise supported efforts for crypto-focused candidates from both major political parties. Source link

Marathon Digital, Kenyan government discuss crypto policy, energy use

The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary. Source link

Bitcoin price still in ‘prime buy zone’ even with rally to $65K

Analysts say Bitcoin price remains in an optimal buy zone even after BTC rallied to $65,500 today. Source link

Hong Kong spot Bitcoin and Ether ETFs struggle to gain traction

The exchange-traded funds only managed to attract around $22.5 million inflows during their first week of launch. Source link

Summer will offer 'perfect opportunity' for investing in crypto — Arthur Hayes

The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market. Source link

Runes and BRC-20s are just a stepping stone for Bitcoin DeFi

Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi. Source link

First Bitcoin-backed synthetic dollar to launch with 25% yield

USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable? Source link