Enhanced ID checks at crypto ATMs may deter fraud but could also impact user 
privacy and transaction speed, influencing broader industry practices.
The post Bitcoin Depot mandates ID verification for all crypto ATM 
transactions appeared first on Crypto Briefing.

Bitcoin Depot mandates ID verification for all crypto ATM transactions

Bitcoin Depot is moving to require ID for all transactions as regulators have 
cracked down on crypto ATM operators over scams and money laundering concerns.

Bitcoin Depot to require ID for all transactions at its crypto ATMs

Ethereum price started a fresh decline below $1,865. ETH is now recovering 
losses from $1,800 and might struggle to recover above $1,925 or $1,950. 
Ethereum started a recovery wave from the $1,800 zone. The price is trading 
above $1,900 and the 100-hourly Simple Moving Average. There is a bearish 
trend line forming with resistance at $1,935 on the hourly chart of ETH/USD 
(data feed via Kraken). The pair could start a fresh decline if it stays below 
the $1,950 zone. Ethereum Price Attempts Recovery Ethereum price failed to 
stay above $1,880 and started a fresh decline, like Bitcoin. ETH price traded 
below the $1,850 and $1,820 levels to enter a bearish zone. Finally, the bulls 
appeared near $1,800. A low was formed at $1,793, and the price started a 
minor recovery wave. There was a move above the $1,900 level and the 50% Fib 
retracement level of the downward move from the $1,995 swing high to the 
$1,793 low. Ethereum price is now trading above $1,900 and the 100-hourly 
Simple Moving Average. If the bulls remain in action above $1,880, the price 
could attempt another increase. Immediate resistance is seen near the $1,925 
level. The first key resistance is near the $1,950 level and the 76.4% Fib 
retracement level of the downward move from the $1,995 swing high to the 
$1,793 low. There is also a bearish trend line forming with resistance at 
$1,935 on the hourly chart of ETH/USD. The next major resistance is near the 
$1,965 level. A clear move above the $1,965 resistance might send the price 
toward the $2,020 resistance. An upside break above the $2,020 region might 
call for more gains in the coming days. In the stated case, Ether could rise 
toward the $2,120 resistance zone or even $2,150 in the near term. Another 
Drop In ETH? If Ethereum fails to clear the $1,950 resistance, it could start 
a fresh decline. Initial support on the downside is near the $1,900 level. The 
first major support sits near the $1,870 zone. A clear move below the $1,870 
support might push the price toward the $1,845 support. Any more losses might 
send the price toward the $1,800 region. The main support could be $1,780. 
Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in 
the bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above the 50 zone. 
Major Support Level – $1,870 Major Resistance Level – $1,950

Ethereum Price Rebound Pauses at $1,950, Traders Eye Next Move

Bloomberg reports that Stripe is in early acquisition talks with PayPal as the 
payments giant has battled competition, leadership turmoil, and an 85% stock 
drop from its peak.

Stripe considers acquiring some or all of PayPal: Report

Bitcoin is sitting at a decisive inflection point. After losing key support 
and pressing into range extremes, the market now faces a clear binary outcome: 
reclaim the range highs and shift momentum back to the upside, or fail and 
extend toward new weekly lows. The next move from here will likely set the 
tone for Bitcoin’s short-term direction. Bitcoin Tests Range Extremes 
Currently, Bitcoin is navigating a period of high tension as it tests its 
range extremes, a phase that analyst Lennaert Snyder notes can feel 
intimidating for many traders. However, these moments of extreme volatility 
often serve as the foundation for the highest-quality setups. Related Reading: 
Bitcoin COT Data: Smart Money Goes Net Long With ‘Urgency’ The current 
strategy remains patient, focusing on a Market Structure Break (MSB) as the 
primary prerequisite for entering a long position. On the H4 timeframe, the 
specific level to watch is the $66,590 high. Gaining and holding this level 
would signal a shift in momentum, providing the initial green light for bulls 
to step in. While the $66,590 mark is the first hurdle, the true pivot for a 
structural bullish flip sits at approximately $68,000. This level is of 
paramount importance because it hosts the Point of Control (POC) for the 
entire range. Reclaiming this zone would shift the narrative from a defensive 
to an offensive posture, confirming that buyers have regained control of the 
value area. If Bitcoin successfully regains the $68,000 level, it opens a 
clear path to the $71,422 resistance. Beyond that, the ultimate objective for 
this move would be the massive liquidity cluster sitting at $76,971. Thus, the 
$68,000 zone is also a critical area for bears as it could become a prime 
short entry following a confirmed rejection. Conversely, the market must 
account for the possibility of a bull trap at the lower resistance levels. If 
Bitcoin sweeps the $66,590 high only to be met with a sharp rejection, it 
would suggest that the rally was merely a liquidity grab. Such a failure would 
likely trigger an aggressive short-selling wave, potentially driving the price 
down to establish new weekly lows. $65,000 Support Lost — Momentum Shifts 
Lower In a recent update, Ted noted that Bitcoin has now broken below the key 
$65,000 support zone, shifting short-term momentum back in favor of the bears. 
Losing this level weakens the immediate structure and opens the door for 
further downside exploration. Related Reading: Bitcoin’s Record Red Month May 
Be Setting Up A Reversal: Analysts That said, significant bid liquidity is 
stacked between $60,000 and $63,000, creating a potential demand pocket. 
However, whether that zone holds may largely depend on broader market 
conditions, particularly how the stock market behaves in the coming sessions. 
Given the current setup, a sweep of the $60K lows appears increasingly likely 
before any meaningful reversal attempt. Featured image from Pixabay, chart 
from Tradingview.com

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