China&#8217;s LineShine could redefine global tech dynamics, challenging US 
dominance and accelerating shifts in AI and cryptography landscapes.
The post China unveils LineShine supercomputer, aims to surpass US&#8217;s El 
Capitan appeared first on Crypto Briefing.

China unveils LineShine supercomputer, aims to surpass US’s El Capitan

Bitcoin is facing resistance after weeks of upside that carried it 
significantly above the lows that defined the worst of the correction. The 
recovery had been building momentum — and today that momentum met a specific 
kind of obstacle that XWIN Research Japan has analyzed in detail, with 
findings that change how the decline should be read. Related Reading: Bitcoin 
Found Support Where Recent Buyers Can’t Afford to Lose: Discover the Mechanics 
Bitcoin briefly fell below $80,000 today. Ethereum dropped under $2,300. More 
than $90 billion was erased from the combined crypto market cap from recent 
highs, with approximately $331 million in liquidations over the past 24 hours 
— nearly $100 million of that occurring within a single two-hour window. The 
speed and scale of the move created the kind of alarm that typically 
accompanies a macro shock. But the macro environment did not produce this 
decline. The S&amp;P 500 and NASDAQ remained near record highs throughout the same 
period. Traditional equities did not sell off. Risk appetite in broader 
markets did not deteriorate. The forces that drove Bitcoin below $80,000 were 
not external. According to XWIN Research Japan, the decline was driven 
primarily by internal crypto market structure — specifically the combination 
of leverage positioning that had accumulated during the recovery and profit 
realization from holders who had returned to profitability after weeks of 
recovery. The market did not break because of what was happening outside it. 
It broke because of what had been building inside it. The Rally Created the 
Conditions for Its Own Interruption The XWIN Research Japan report identifies 
the specific mechanism behind the decline with precision. On May 4, Bitcoin 
profit-taking reached 14,600 BTC in a single day — the highest level since 
December 2025. The 37% recovery from April lows had returned a significant 
cohort of investors to profitability, and many of them chose to act on that 
recovery simultaneously. The Short-Term Holder SOPR reaching 1.016 and 
remaining above 1.0 since mid-April confirmed the pattern: recent buyers were 
selling at a profit, and they had been doing so persistently rather than as a 
one-day event. The behavioral dynamic behind the selling adds the human 
dimension. Between February and March 2026, many short-term traders were 
sitting on losses of 20% to 30%. April&#8217;s rebound did not just recover prices — 
it recovered those participants&#8217; financial positions. Historically, that 
recovery from loss to break-even or profit is one of the most reliable 
triggers for renewed selling pressure. Participants who endured weeks of 
losses tend to exit the moment the market gives them the opportunity. The 
leverage dimension accelerated what profit-taking started. Long liquidations 
intensified the downside momentum as derivatives positions unwound alongside 
spot selling, amplifying a move that began with profit realization into 
something considerably sharper. The constructive element XWIN Research Japan 
preserves is the exchange inflow data. Large holder deposits remain relatively 
muted — suggesting the participants with the most coins and the most strategic 
patience have not yet begun aggressive distribution. That distinction 
separates a leverage-driven correction from a structural top. Bitcoin is at a 
genuine crossroads: the data supports either an early-stage bullish recovery 
with leverage now cleared, or the late phase of a bear market rally 
approaching its natural exhaustion. Related Reading: XRP’s Biggest Holders 
Just Stopped Sending Tokens to Exchanges: Last Time Was November 2021 Bitcoin 
Stalls Below Resistance As Recovery Meets Supply Bitcoin is trading near 
$80,200 on the daily chart, holding just below a resistance zone that has 
repeatedly capped upside since the initial breakdown earlier this year. The 
recovery from the February low near $60,000 remains structurally intact, with 
price forming a sequence of higher lows and steadily reclaiming short- and 
mid-term moving averages. The 50-day and 100-day moving averages have both 
turned upward and are now acting as dynamic support in the $72,000–$75,000 
region. This confirms that the trend has shifted from bearish to neutral-to- 
bullish in the short term. However, the 200-day moving average continues to 
slope downward above price, reinforcing the $80,000–$82,000 range as a 
critical supply zone. Related Reading: Bitcoin Reclaims $80K, And $93K Comes 
Into Focus — Discover The CME Gap Setup Recent price action shows slowing 
momentum. Candles are compressing beneath resistance, and volume has not 
expanded meaningfully during the latest push. This suggests that while buyers 
remain present, they are not yet strong enough to force a decisive breakout. 
If Bitcoin clears $82,000 with conviction, it would confirm continuation and 
open the path toward higher levels. If rejection persists, the market is 
likely to rotate back toward support, with $75,000 as the first level to watch 
and deeper demand forming closer to $70,000. Featured image from ChatGPT, 
chart from TradingView.com

14,600 Bitcoin Sold in Profit in One Day: Here Is How BTC’s Own Structure Broke It Below $80K

Leike&#8217;s leadership at Anthropic could accelerate AI safety advancements, 
influencing industry standards and reshaping alignment research priorities.
The post Jan Leike leads Anthropic&#8217;s alignment science team, doubling down on 
AI safety research appeared first on Crypto Briefing.

Jan Leike leads Anthropic’s alignment science team, doubling down on AI safety research

The temporary ceasefire may ease immediate tensions but lacks the permanence 
needed to impact global markets or geopolitical stability.
The post Russia and Ukraine agree to three-day ceasefire, Trump says appeared 
first on Crypto Briefing.

Russia and Ukraine agree to three-day ceasefire, Trump says

The Senate Banking Committee scheduled a May 14 markup for the CLARITY Act, 
setting up the Senate’s first formal committee debate over digital asset 
market structure legislation. The executive session will allow lawmakers to 
debate amendments and determine whether the bill advances toward a full Senate 
vote. Senate Banking Takes Up Long-Delayed Crypto Bill The […]

CLARITY Act Markup: Senate Banking Sets May 14 Crypto Rules Session

Go Abacus revolutionizes AI deployment for banks with a $250,000 device 
ensuring data privacy and control.
The post David Moscatelli: Organizations are hesitant about public AI due to privacy concerns, local AI solutions are preferred in banking and healthcare, and the Go One device enhances on-premises AI scalability | TWIST appeared first on Crypto Briefing.

David Moscatelli: Organizations are hesitant about public AI due to privacy concerns, local AI solutions are preferred in banking and healthcare, and the Go One device enhances on-premises AI scalability | TWIST

China unveils LineShine supercomputer, aims to surpass US’s El Capitan

Comments