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Gareth Soloway Warns Bitcoin Could Drop to $50K as Bear Flag Tightens at $85,000

Coins Legend May 3, 2026 0

Gareth Soloway, chief market strategist and president of Verified Investing, told David Lin of The David Lin Report (TDLR) that bitcoin is forming a bear flag that could send prices down roughly 38% to $50,000, while the S&P 500 is flashing the same signals seen at the peak of the dot-com

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Bitcoin Technical Setup Points to Key Breakout Zone Near $80K

Coins Legend May 3, 2026 0

Bitcoin is consolidating below a critical resistance zone on May 3, 2026, as mixed short-term signals meet strong underlying trend support. Key Takeaways: Bitcoin holds $78K on May 3, 2026, as market data shows consolidation below $80K resistance. TradingView indicators show 62 RSI and mixed signals, signaling indecision across crypto markets. Bitcoin tests $80K zone; […]

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Strategy Skips Weekly Bitcoin Buy After 108 Total Purchases, 818,334 BTC Holdings

Coins Legend May 3, 2026 0

Strategy paused bitcoin purchases, shifting market focus to its 818,334 BTC exposure. Michael Saylor confirmed the halt after the company’s latest disclosed buy, leaving traders watching his orange-dot posts for the next signal. Key Takeaways: Strategy paused bitcoin purchases after its latest disclosed $255 million BTC acquisition. Investors shifted focus toward MSTR’s

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Bitcoin Difficulty Falls 2.3% as Hashrate Slips Below 1 ZH/s and Block Times Slow

Coins Legend May 3, 2026 0

This week, the Bitcoin network recorded its second consecutive difficulty reduction, easing another 2.3% on May 1 after the April 17 epoch posted a 2.43% decline. Hashrate has also trended lower, now resting beneath the 1 zettahash per second (ZH/s) threshold. Key Takeaways: Bitcoin difficulty fell 2.3% on May 1, marking 6 cuts in 2026 […]

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Stablecoins Reach $321B Market Cap as $1B Inflows Lift Sector to New High

Coins Legend May 3, 2026 0

Following a week marked by an absence of both inflows and outflows, the stablecoin economy recorded $1.08 billion in inflows from April 26 through May 3. Data further indicates that, as of Sunday, the sector’s total market valuation stands at $321.759 billion, based on figures logged by defillama.com. Key Takeaways: Stablecoin market hits $321.759B after […]

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France Scraps Dangerous Reporting Rule, Pension Fund Buys MSTR, And More – Week In Review

Coins Legend May 3, 2026 0

This week’s crypto stories spanned enforcement, mining, regulation, adoption, and institutional flows. Chainalysis traced Iran-linked stablecoin routing behind a major USDT freeze, while Riot continued its steady BTC sales to NYDIG. France dropped a proposed self-custody reporting rule, Binance argued crypto’s next wave of users will come through payments and utility, and

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Worker Wins Landmark AI Substitution Case in China

Coins Legend May 3, 2026 0

Experts stated that the decision, which sets a precedent for future AI substitution cases, establishes that AI replacement cannot be brandished as a justification to abandon a labor contract. China is the world’s second-largest AI hub. Key Takeaways: The Hangzhou Court ruled that replacing Zhou with an AI model didn’t justify his forced termination. This […]

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Latam Insights: Brazil Bans Crypto Transfers as Meta Launches USDC Payouts

Coins Legend May 3, 2026 0

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil’s central bank issues a resolution banning the use of crypto rails in regulated cross-border payments, Bitso estimates 40% of all crypto purchases include stablecoins, and Meta launches USDC payments in Colombia. Key […]

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This Week in Crypto Law (Apr. 26, 2026)

Coins Legend May 3, 2026 0

Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. The final week of April highlighted a pivotal shift […]

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Stables CEO Says Migrant Flows Favor USDT, Driving 60% Cross-Border Dollar Demand

Coins Legend May 3, 2026 0

Bernardo Bilotta argues that banks avoid stablecoins not due to a lack of technical understanding, but to protect their vital relationships with central banks and Western correspondent banks, who are notoriously risk-averse. Key Takeaways: Bernardo Bilotta notes Asia handles 50% of global stablecoin flows, but banks fear regulatory risk. Tether and eStable now enable local