The Bitcoin weekly chart is sitting at a crossroads. The price is pushing 
against a resistance zone between $78,000 and $80,000 — a level that analysts 
say could determine whether the market shifts direction or slides further 
down. Related Reading: XRP Bulls Eye Breakout As Ripple Unveils 13,000 Bank 
Connections Worldwide Old Wallets Break Their Silence Two Bitcoin wallets, 
each dormant for more than 14 years, moved large amounts of BTC on May 3, 
according to data shared by on-chain analytics firm Alphractal. One wallet 
sold 11,300 BTC, valued at roughly $750 million. The other went the opposite 
direction, buying about 7,000 BTC for close to $470 million. The moves drew 
attention precisely because of how rare they are. Wallets that old — often 
called Satoshi-era holdings — almost never see activity. The split between 
selling and buying complicates any single reading of what these early holders 
are signaling. Some are cashing out after years of sitting on gains. Others 
appear to see value at current prices and are adding to their positions. 
Neither move, on its own, tells the full story. 𝗢𝗻𝗲 𝗦𝗮𝘁𝗼𝘀𝗵𝗶-𝗲𝗿𝗮 𝘄𝗵𝗮𝗹𝗲 𝗱𝘂𝗺𝗽𝗲𝗱 
𝟭𝟭,𝟯𝟬𝟬 𝗕𝗧𝗖. 𝗔𝗻𝗼𝘁𝗵𝗲𝗿 𝗯𝗼𝘂𝗴𝗵𝘁 𝟳,𝟬𝟬𝟬. Two 14+ year dormant wallets activated 
within weeks of each other. One sold $750M. One accumulated $470M. OG HODLer 
Lifespan flows are split. CDD variants show no… pic.twitter.com/Wr8q0rcYVH — 
Alphractal (@Alphractal) May 3, 2026 Data shows no signs of panic behind the 
transactions. Metrics tracking coin lifespan and Coin Days Destroyed — a 
measure used to gauge how long coins were held before moving — suggest the 
activity reflects capital movement rather than a rush to exit the market. 
Price Tests A Key Level Bitcoin was trading near $78,845 as of the time of the 
report. That puts it right up against a cluster of resistance markers: a 
descending trend line that previously acted as support, and several key moving 
averages that flipped bearish during last year&#8217;s downturn. Analysts said 
Bitcoin recently broke above a multi-month trend line that had been holding 
prices back. The asset is now retesting that level from above. A sustained 
close above the $78,000–$80,000 range could mark a broader shift in trend. 
Related Reading: Bitcoin’s Path To $100K May Happen Before Anyone Understands 
Why: Analyst Context Behind The Current Range Bitcoin spent much of early 2026 
finding its footing between $65,000 and $70,000 after a prolonged decline from 
its late-2025 peak. The rally that followed brought it back into the 
resistance zone it now faces. The broader picture shows a market that went 
from record highs to a series of lower peaks and troughs — a pattern that 
flipped bearish sentiment for months. The current move could still prove to be 
either a genuine recovery or just a temporary bounce as the weekly candle 
approaches its close. Featured image from MetaAI, chart from TradingView

Long-Dormant Bitcoin Whale Transfers 11,300 BTC, Sparking Market Speculation

The Iran conflict&#8217;s impact on oil supply heightens inflation, risks restaurant 
closures, and influences Fed policy and Bitcoin market dynamics.
The post Iran conflict drives US gasoline prices to 4-year high, impacting 
restaurants appeared first on Crypto Briefing.

Iran conflict drives US gasoline prices to 4-year high, impacting restaurants

Bitcoin’s recent rally to $80,000 amid improving BTC miner and options markets 
metrics could create a clear path to $85,000.

Bitcoin turns risk on as stocks hit new highs and miner profits rise: Is $85K BTC next?

The surge in DEX volume signals robust ecosystem growth, potentially boosting 
MegaETH&#8217;s market cap and attracting further investment.
The post MegaETH DEX volume hits $130M as MEGA token debuts appeared first on 
Crypto Briefing.

MegaETH DEX volume hits $130M as MEGA token debuts

Persistent skepticism around XRP&#8217;s price trajectory is misreading the asset&#8217;s 
moment, according to a prominent crypto researcher — and a recently surfaced 
panel video makes the case for why doubters are likely to come up short. 
Related Reading: Dogecoin (DOGE) Lifts Further, Momentum Points To More Gains 
SMQKE (@SMQKEDQG), a well-followed crypto researcher on X, recently shared 
footage from a Crypto Valley panel in Zurich in which Ripple&#8217;s Sales Director 
outlined the company&#8217;s growing infrastructure footprint. The post reignited a 
broader debate about whether XRP bears are underestimating what is quietly 
being built beneath the price chart. XRP enthusiast Tony (@_Sab3r_6) amplified 
the call, posting that critics &#8220;will be proven wrong&#8221; as the utility case 
becomes harder to dismiss. The Infrastructure Argument Bears Are Missing The 
Zurich panel provided the substance behind that conviction. Tania Griffith, 
Sales Director at Ripple, explained during the discussion that banks and 
financial institutions are becoming increasingly comfortable using crypto and 
blockchain rails for payments — a shift that would have seemed remote just a 
few years ago. Griffith noted that Ripple has moved from relying on a handful 
of exchanges with limited volume to building a global network of liquidity 
providers, stablecoins, and major financial infrastructure players. The 
result, she said, is straightforward: larger payments and better foreign 
exchange rates. The system now supports true 24/7, 365-day settlement — a 
capability traditional cross-border payment rails were never designed to 
deliver. Ripple&#8217;s approach, as described at the panel, treats blockchain and 
crypto as complementary to existing financial infrastructure rather than a 
replacement. XRP sits in the liquidity layer of that architecture, 
facilitating the movement of value between currencies and jurisdictions at 
speed. A Structural Case, Not A Sentiment Call This development marks a 
pivotal distinction for XRP in the current market cycle. The bear case has 
largely rested on price action and regulatory uncertainty. The bull case 
increasingly rests on adoption metrics and infrastructure depth — two things, 
as the panel made clear, that continue to expand regardless of short-term 
chart noise. Related Reading: Satoshi’s 22,000 Wallets Could Make Quantum 
Attacks On Bitcoin Far More Difficult: Expert As of this writing, XRP trades 
at around $2.11, holding steady after a week of consolidation. XRP&#8217;s price 
trends sideways on the daily chart. Source: XRPUSD on Tradingview Cover image 
from Grok, XRPUSD chart from Tradingview

Top XRP Analyst Says Bears Will Be Proven Wrong In May 2026, But Why

Ongoing diplomatic challenges and market uncertainty highlight the fragile 
state of US-Iran relations, impacting future negotiations.
The post Trump dissatisfied with Iran&#8217;s peace deal response, no meeting 
scheduled appeared first on Crypto Briefing.

Long-Dormant Bitcoin Whale Transfers 11,300 BTC, Sparking Market Speculation

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