Eugene William Austin Jr., also known as “Hugh Austin,” was sentenced to 18 years in prison for leading a multi-year scheme that defrauded more than two dozen victims out of $12 million. His son, Brandon Austin, was previously sentenced to…

Crypto fraudster Hugh Austin sentenced to 18 Years for $12m scam

Bitcoin is trading above the $90,000 mark and showing signs of renewed 
strength, even as global tensions and macroeconomic uncertainty continue to 
weigh on investor sentiment. After weeks of volatile swings and bearish 
pressure, the leading cryptocurrency appears to be stabilizing, and some 
analysts believe this could mark the beginning of a broader rally in the 
coming months. Related Reading: Ethereum Adds 12% In 24 Hours – On-Chain 
Metrics Point To Modest Resistance Ahead Top crypto analyst Jelle shared 
insights accompanied by a price chart, highlighting a key technical 
development: Bitcoin has reclaimed the range lows and is holding them so far. 
This type of price action typically signals healthy consolidation and growing 
buyer confidence. Despite ongoing trade war concerns and interest rate 
uncertainty, Bitcoin’s resilience is offering hope to investors. Holding the 
current range could set the stage for a push toward new all-time highs if 
momentum continues to build. While caution remains due to external risks, many 
see the current setup as a potentially bullish inflection point that could 
shape the next major leg up in the crypto market. Bitcoin Reclaims Range Lows 
as Sentiment Turns Bullish Bitcoin is now trading at critical levels after a 
sharp market impulse shifted sentiment nearly overnight. For months, BTC has 
been stuck in a downtrend that began in January, frustrating bulls and leading 
to calls for deeper corrections. But with the recent surge pushing BTC above 
$90,000, many analysts believe that this trend may have finally reversed. 
However, caution still dominates the broader landscape. Global uncertainty, 
driven by escalating trade tensions between the US and China and unpredictable 
macroeconomic signals, continues to weigh on investor confidence. A single 
negative development—such as hawkish central bank policy or geopolitical 
instability—could shake the market back into risk-off mode. Still, optimism is 
returning, particularly among technical analysts. Jelle shared an update 
highlighting that Bitcoin has reclaimed the range lows and is holding them. 
“Exactly what you wanna see if truly bullish,” he noted, emphasizing that a 
shallow pullback followed by strength typically precedes further continuation 
to the upside. This scenario would suggest that the time for easy entries is 
behind us. If this momentum holds, Bitcoin could be on track to break new all- 
time highs sooner than many expect. The breakout has reignited hopes for a 
major bull run, but the next few days will be key in confirming whether this 
move is sustainable or just another short-lived rally. Related Reading: HBAR 
Breaks Above Massive Falling Wedge – Expert Sets $0.38 Target BTC Holds Above 
$90K After Reclaiming Key Moving Averages Bitcoin is trading at $92,500 after 
a strong move above the psychological $90K level, confirming bullish momentum 
in the short term. This breakout also marked a decisive close above the 4-hour 
200 MA and EMA, both of which had acted as stiff resistance since January. 
Reclaiming these technical levels signals a potential shift in trend after 
months of selling pressure and sideways action. With bulls now firmly in 
control, the focus shifts to the $100K mark—an area that not only carries 
psychological weight but also serves as the next key resistance in the rally. 
A push above this level would likely attract new buyers and confirm a broader 
breakout, setting the stage for a potential all-time high run. Related 
Reading: XRP Network Activity Jumps 67% In 24 Hours – Big Move Ahead? However, 
caution is still warranted. If Bitcoin fails to maintain momentum and drops 
below $88,500, it could trigger a consolidation phase or even a larger 
correction. The $88.5K zone, now a key support, must hold to preserve the 
bullish structure. As Bitcoin hovers near these critical levels, the next move 
will likely define short-term direction for both BTC and the broader crypto 
market. Featured image from Dall-E, chart from TradingView

Bitcoin Reclaims Key Levels – New ATHs May Be Closer Than Expected

Robert Kiyosaki unleashes a seismic forecast, predicting a Great Depression 
while urging bold bets on bitcoin, which he believes will soar to $200K this 
year and over $1 million by 2035. The Collapse Has Begun: Kiyosaki Warns of a 
Great Depression Meltdown Robert Kiyosaki, author of the best-selling book 
Rich Dad Poor Dad, has once […]

Robert Kiyosaki Predicts $1M Bitcoin as US Spirals Into Giant Crash

New York City is hosting a powerhouse crypto summit to attract investors with 
$1 trillion in assets and solidify its position as a global leader in digital 
finance innovation. NYC Crypto Summit Aims to Lure Giants Holding $1 Trillion 
The City of New York announced on April 23 that Mayor Eric Adams and Chief 
Technology […]

NYC Announces First Crypto Summit to Court Titans Holding $1T in Assets

The Italian municipality of Fornelli in the Molise region of Italy will be 
dedicating a monument to pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto.
In an April 23 Facebook post from the municipality, Fornelli said it plans to 
unveil the Satoshi artwork on May 1. Details surrounding the monument were 
unclear in the announcement, but the municipality said it had been designed by 
artist Mattia Pannoni and financed by the local government.
&#8220;It is important, indeed fundamental, as an administration, to take into 
consideration all the new ideas that come from our young people,&#8221; said 
Fornelli Mayor Giovanni Tedeschi.
According to the local government, Fornelli has the &#8220;highest density of 
Bitcoin adoption in the world&#8221; among its roughly 1,800 residents. Other 
regions have attempted to use BTC or other cryptocurrencies to attract 
visitors, including the Bitcoin Beach area of El Salvador and the Swiss city 
of Zug, which accepts crypto payments for many local goods and services.
## Portraying a faceless individual through art
The identity of Satoshi, whether a single individual or a group of people, 
remains one of the biggest mysteries in the crypto space since the publication 
of the Bitcoin white paper in 2008.
_**Related:**__**Italy finance minister warns US stablecoins pose bigger 
threat than tariffs**_
Many artists, both crypto investors and otherwise, have released artwork 
attempting to represent the pseudonymous creator through statues and digital 
images. A common theme in these pieces is showing Satoshi without any clearly 
defined facial features, sometimes wearing a hoodie or working on a computer.
According to the announcement, the monument will be unveiled in the Piazza 
Umberto I area of Fornelli on May 1.
_**Magazine:**__**Former Love Island star &#8216;s tips on how to go viral in 
crypto: Van00sa, X Hall of Flame**_

Italian town to unveil locally financed Satoshi Nakamoto monument

Bitcoin (BTC), the market’s leading cryptocurrency, has seen a remarkable 
surge of 10% over the past week, maintaining its position above $90,000 since 
Tuesday. This upward momentum comes as President Donald Trump softens his 
approach toward the Federal Reserve and suggests that trade negotiations, 
particularly with China, are progressing positively. Bitcoin And Major 
Altcoins Rally Earlier this month, President Trump had announced a 90-day 
pause on imposing significant tariffs on various US trading partners. This 
decision appears to have revitalized investor confidence in Bitcoin, which 
reached a peak of $94,000 on Wednesday, marking its highest value since March 
2, after recovering from a low of $75,000 earlier this month. The broader 
cryptocurrency market has mirrored Bitcoin&#8217;s gains, with Ethereum (ETH) rising 
by 11%, XRP increasing by 7%, and Solana (SOL) climbing 13% over the last 
week. Related Reading: Dogecoin (DOGE) Pulls Back — Is A Bounce from $0.1650 
Support on the Horizon? James Gernetzke, CFO of crypto exchange Exodus, noted, 
“While the broader macro environment may be very volatile, especially for 
equities and fixed income, the digital asset class has been holding up 
remarkably well.” The recent fluctuations in Bitcoin&#8217;s price can be traced 
back to Trump’s earlier announcements of sweeping tariffs, which initially 
sent the cryptocurrency market into a tailspin. However, after the temporary 
pause on tariffs for most countries, investor sentiment shifted. Trump’s 
recent comments signaling a more conciliatory tone toward China—stating his 
intention to be “very nice” in trade negotiations—have further fueled this 
renewed optimism. He indicated that he would “substantially” lower tariffs if 
a deal could be achieved. Investor Appetite Revives This shift in tone has 
reignited investor appetite, with Bitcoin emerging as a primary beneficiary. 
Juan Leon, an investment strategist at Bitwise, commented, “This week’s 
announcements from the Trump administration on negotiations with China 
prospectively leading to a lowering of tariffs have reignited investor 
appetite.” Additionally, Treasury Secretary Scott Bessent has suggested that 
the president is “very close” to finalizing a trade deal with India, with 
White House officials highlighting progress in discussions with other nations 
as well. Related Reading: XRP Price Slips After Rally — Bulls Still in Play or 
Fading Fast? The market rally is also occurring against a backdrop of Trump’s 
recent statements regarding Federal Reserve (Fed) Chair Jerome Powell. After 
briefly expressing frustration over Powell&#8217;s reluctance to lower interest 
rates amid economic turmoil caused by tariffs, Trump reassured markets on 
Wednesday that he has “no intention” of firing the Fed chair. Despite the 
temporary tensions with the Fed, some cryptocurrency advocates view this 
situation as a testament to Bitcoin&#8217;s strength as a decentralized asset. As 
investors seek alternatives amid volatility in American assets and a weakening 
US dollar, Bitcoin&#8217;s value continues to rise. James Butterfill, head of 
research at ETF issuer CoinShares, remarked, “In this environment, investors 
are seeking alternative safe-haven assets.” Featured image from DALL-E, chart 
from TradingView.com