Increased liquidity and market confidence could stabilize Bitcoin&#8217;s price, but 
external factors may still introduce volatility risks.
The post Bitcoin set for best month in a year with $5B USDT liquidity boost 
appeared first on Crypto Briefing.

Bitcoin set for best month in a year with $5B USDT liquidity boost

Pi Network has confirmed it is an official sponsor of Consensus 2026 in Miami, 
with co-founders Nicolas Kokkalis and Chengdiao Fan each presenting at the 
event on May 7 and May 6 respectively, as the network simultaneously faces a 
mandatory…

Pi Network Sponsors Consensus 2026. Both Founders Will Speak.

Over the past 24 hours, Bitcoin, the flagship cryptocurrency, has declined by 
0.9% after a trading week with little to no price action. Although the 
market&#8217;s next direction remains largely uncertain, a recent analysis has 
provided insight into underlying investor activity that would dictate long- 
term price direction. Related Reading: Bitcoin Funding Rates Stay Negative 
Despite Price Gains — What This Means Bitcoin Institutional Flows Reveal 
Strong Accumulation In a recent post on CryptoQuant&#8217;s QuickTake, on-chain 
analyst GugaOnChain highlights a significant capital rotation underway in the 
Bitcoin market. The metric relevant to this analysis is the Bitcoin: Global 
Network Accumulation vs. Distribution by All Cohorts (30D), which tracks 
whether different wallet-size groups are buying or selling Bitcoin over the 
past 30 days, thereby revealing which cohorts are driving market supply and 
demand. The analyst points out that mega-whales (holding more than 10,000 
BTC) have recently distributed -25.51K BTC. However, the released supply was 
quickly absorbed by smart money &#8220;sharks&#8221; (investors with 100-1,000 BTC), who 
reportedly acquired 37.92K BTC during the same period. The analyst explains 
that, together with the +9.57K BTC absorbed by the 1K-10K BTC cohort, there is 
an effect of institutional price shielding currently on display. Related 
Reading: Peter Brandt Sees Bitcoin Hitting $300,000-$500,000 By Late 2029 
Selling Pressure Remains Contained As Market Structure Strengthens Further 
supporting this narrative, the Exchange Whale Ratio — a metric that assesses 
the proportion of large transactions flowing into exchanges — currently stands 
at 61.89%. Yet, Binance data shows zero Bitcoin inflows over 24 hours from the 
100- to 10,000-BTC cohorts, suggesting that large holders are not preparing to 
sell. Meanwhile, Open Interest, a key indicator of participation and 
positioning across derivatives markets, has surged by about 10.43%, reaching 
approximately $25.98 billion. On the other hand, Bitcoin reserves held on 
exchanges have declined by nearly 1% over the past month. According to the 
analyst, this translates to a retraction of approximately 2.66 million BTC. 
This means investors are moving assets out of exchanges, a behavior typically 
seen ahead of long-term holding. When this decline is combined with neutral 
miner positioning (MPI at -0.50) and a positive Coinbase Premium Gap around 
23.84 (which reflects steady US buying interest), it becomes apparent that 
sustained accumulation is ongoing, however subtle. If this persists, the 
accumulated supply could overcome the existing sell pressure to sponsor the 
next Bitcoin rally. At the time of writing, the Bitcoin price is $77,353. 
According to CoinMarketCap data, the world&#8217;s leading cryptocurrency is down 
1.33% over the last 24 hours. Featured image from iStock, chart from 
Tradingview

Bitcoin ‘Sharks’ Silently Accumulate Amid Market Uncertainty — Details

A new report on the state of bitcoin mining in Latam found that the region is 
lagging in bitcoin mining adoption, even as it holds vast energy resources. 
While Paraguay holds the fourth place in global hashrate, Hashrate Index 
picked Brazil and Venezuela as the nations to follow. Key Takeaways: A 2026 
Hashrate Index report […]

Hashrate Index: Brazil and Venezuela Show Potential to Grow Latam’s Bitcoin Mining Share

Traders face uncertainty as stable rates amid inflation and geopolitical 
tensions reduce the likelihood of near-term rate cuts.
The post Fed holds rates steady amid rising inflation, US-Iran tensions 
appeared first on Crypto Briefing.

Cryptocurrency price in NOK