With bitcoin trading above the $80,000 threshold, bitcoin prices in South 
Korea have carried premiums approaching 2%, marking their highest level since 
late February. The move follows a choppy stretch since that period, during 
which both notable discounts and elevated premiums emerged across the past 
nine weeks. South Korea’s Kimchi Premium Returns as Bitcoin Climbs […]

Bitcoin Premium in South Korea Hits 2% for First Time Since Pre-War Market Shock

The CLARITY Act&#8217;s yield restrictions could reshape stablecoin competition, 
impacting both traditional banks and emerging DeFi protocols.
The post Senate panel considers CLARITY Act as banking groups propose 
stablecoin yield changes appeared first on Crypto Briefing.

Senate panel considers CLARITY Act as banking groups propose stablecoin yield changes

Bitcoin&#8217;s price recovery is not a new beginning: it is a familiar ending. That 
is the warning from a crypto analyst, who is of the notion that the current 
Bitcoin price action is playing out a bull trap the market has seen before and 
that the setup is pointing to a destination that sees the cryptocurrency 
crashing by almost 50% from current price levels. Related Reading: XRP Flashes 
Historic Rally Signal, Fueling $12 Price Speculation Bitcoin Mirrors Key 
Stepping Stones From 2022 Bear Cycle Chiefy&#8217;s analysis centers on a structural 
comparison between Bitcoin&#8217;s current price sequence and the step-by-step 
decline that defined the 2022 bear market. The framework identifies a pattern 
of bear cycle stepping stones, which is a series of lower highs and lower lows 
dressed up as recoveries on the weekly candlestick timeframe chart. This 
analysis is in reference to Bitcoin&#8217;s price action since it broke above 
$82,000 earlier in the week. Bitcoin is pressing into the 1-day 200 moving 
average, a zone that has already acted as resistance during a previous failed 
recovery attempt in January 2026. The analyst also pointed to the 1-week 200 
moving average at the lower support region and the 1-month 350 moving average 
below it, suggesting that a breakdown could force BTC through multiple long- 
term trend levels before finding a stronger base. This is exactly like the 
2022 bear market. In the previous bear cycle, Bitcoin did not fall in a 
straight line. It produced relief rallies that looked convincing enough to 
pull traders back in, only for the price to roll over again. Based on this 
view, the current rebound to the $80,000 range is not the start of a lasting 
breakout. It is the largest bull trap of the cycle. His projected path after 
the bull trap will see Bitcoin leave $82,000 and then go on a free fall to 
$50,000, then recover to $63,000, and finally crash to $42,000 again. Bitcoin 
Price Chart. Source: @0xChiefy On X Why This Rally Cannot Be Trusted The next 
move in the sequence, a crash to $50,000, would represent a decline of 
approximately 39% from current levels. The subsequent bounce to $63,000 would 
restore confidence briefly before the final descent to $42,000 completes the 
pattern. This final descent will translate to an almost 50% crash from current 
levels. Interestingly, CryptoQuant researchers warned that Bitcoin&#8217;s apparent 
demand metric, which tracks 30-day changes in estimated on-chain spot buying 
activity, stayed negative throughout April&#8217;s entire price rally. This shows 
that the late April and early May move that took Bitcoin to $80,000 was mostly 
due to higher perpetual futures demand, which is exactly like 2022’s bear 
market onset. Related Reading: Altcoins Aren’t Going Anywhere — Even After 
Brutal Crashes: Arthur Hayes The crash warning is also coming at a time when 
Bitcoin ETF flows are no longer offering a clean bullish background, as they 
have now posted consistent net outflows of a total of $423.15 million in the 
past two days. At the time of writing, Bitcoin is trading at $80,367. Featured 
image from Unsplash, chart from TradingView

Analyst Predicts Biggest Bitcoin Bull Trap Of The Cycle, Calls Out 50% Crash To $42,000

Evernorth says XRP’s institutional case rests on infrastructure built for 
regulated capital, not price charts or ETF demand. The firm pointed to XRPL 
upgrades involving compliance controls, restricted environments, escrow tools, 
and approved trading venues. XRP’s Institutional Case Depends on 
Infrastructure, Evernorth Says Evernorth, an XRP treasury company building its 
strategy around long-term participation in […]

Evernorth Says XRP’s Real Story Is Institutional Plumbing

The adoption of Stratum V2 by major mining pools could enhance Bitcoin&#8217;s 
decentralization, security, and miner profitability, reshaping industry 
dynamics.
The post Seven major Bitcoin mining pools join Stratum V2 working group 
appeared first on Crypto Briefing.

Seven major Bitcoin mining pools join Stratum V2 working group

Individual miners in Bitcoin mining pools must rely on block templates 
provided by the mining pool operator.

Bitcoin Premium in South Korea Hits 2% for First Time Since Pre-War Market Shock

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