Binance’s alleged ties to a Trump-backed crypto venture are igniting Washington, as Senate Democrats demand urgent answers on regulatory rollbacks and covert Treasury dealings. Treasury Pressured to Expose Binance Ties to Trump’s Crypto Venture The U.S. Senate Committee on Banking, Housing, and Urban Affairs announced on May 9 that five Democratic Senators had sent a […]

Binance Under Fire as US Senators Probe Trump Crypto Ties

HYPE is showing renewed strength as it pushes into higher levels, riding the 
wave of a broader market breakout. With Bitcoin surging above $104,000 and 
Ethereum reclaiming the $2,500 mark, the crypto landscape is rapidly shifting 
back into a bullish phase. Altcoins are waking up across the board, and HYPE 
is quickly emerging as one of the standouts. Related Reading: XRP Whales Are 
Back – 880 Million Tokens Accumulated This Month After a brief pullback, HYPE 
has bounced strongly off the $17.5 level—an important throwback zone that is 
now acting as support. The asset is regaining momentum and approaching local 
highs, signaling strong buyer interest and potential for further continuation. 
Crypto analyst Cheds shared a technical breakdown confirming this setup, 
noting that HYPE is displaying clean strength off its recent retrace and could 
be gearing up for a significant breakout if market conditions hold. As 
sentiment turns bullish and liquidity rotates into high-potential altcoins, 
HYPE is well-positioned to benefit from the renewed energy in the market. With 
price structure improving and key levels being reclaimed, the coming days may 
be critical in defining whether this move evolves into a sustained uptrend. 
Traders are now watching closely for follow-through as HYPE approaches its 
next resistance zone. HYPE Bulls Target January Highs HYPE is facing a 
decisive moment as price action pushes into a key supply zone near the January 
highs around $28. After bouncing strongly from the $17.5 throwback level, the 
asset has regained bullish momentum and now approaches one of the most 
important technical levels on its chart. This zone served as a rejection point 
earlier in the year, and bulls must now prove they have the strength to flip 
it into support. Cheds shared insights confirming the shift in momentum, 
noting that HYPE is showing clear strength off the $17.5 level—an area that 
has now acted as a successful retest following the asset’s initial breakout. 
The strong rebound suggests that market participants are accumulating, and 
momentum is beginning to build as the broader crypto market turns bullish. 
Across the board, sentiment is improving. HYPE is now participating in that 
resurgence, but faces its biggest test yet. If bulls can reclaim the $28 level 
with conviction, the path toward new all-time highs opens up. However, if this 
level holds prices again, another period of consolidation may follow. The 
weekend rally has pushed markets into critical zones, and HYPE’s ability to 
sustain upward pressure through this resistance will be closely watched. A 
breakout above $28 would not only mark a technical victory but also likely 
accelerate interest and volume across the board. For now, bulls remain in 
control, but the next move will determine whether HYPE enters true price 
discovery or pauses just below the highs once more. Related Reading: Bitcoin 
4H Chart Shows Bullish Consolidation – Classic Continuation? HYPE Approaches 
Resistance With Momentum As Bulls Eye Breakout The 4-hour chart for HYPE shows 
strong bullish momentum, with price currently trading at $25.29 after tapping 
a local high near $25.57. The rally has been steady and clean, bouncing 
consistently off the 200 EMA and SMA, now well below the current price, 
confirming a clear uptrend structure. HYPE is now pressing into a key 
resistance zone between $26 and $28, a level that previously acted as supply 
back in January. This area represents a major test for bulls, as it aligns 
with the upper boundary of a multi-month range. Volume is healthy, and the 
trend remains intact with higher highs and higher lows across multiple 
timeframes. If HYPE can break and hold above $28, it opens the door for a 
challenge of the all-time highs. For now, the price may consolidate slightly 
below resistance as sellers defend this zone, but the overall structure favors 
a breakout continuation. Related Reading: Bitcoin Whale Entry Prices Diverge 
Sharply – Confidence Builds At Higher Levels A throwback to the $23–$24 region 
could act as a healthy retest, but holding above $22 is key to preserving 
bullish momentum. As long as the trend and volume remain intact, HYPE appears 
poised for further upside in the coming days. Featured image from Dall-E, 
chart from TradingView

HYPE Bulls Regain Control After Sharp Recovery – Approaching Yearly Highs?

Altcoin markets are flashing early signs of a breakout, with several analysts 
calling for a potential surge over the next few months.
Crypto commentator Mister Crypto predicts the next 3 to 6 months could be 
&#8220;life-changing,&#8221; suggesting daily gains of up to 40% may soon become the norm.
In a May 11 post on X, he pointed to a chart from BlockchainCenter.net that 
shows whether the crypto market favors Bitcoin (BTC) or altcoins.
When the index is below 25, it&#8217;s considered &#8220;Bitcoin Season,&#8221; meaning Bitcoin 
is outperforming most altcoins. When it&#8217;s above 75, it&#8217;s &#8220;Altcoin Season,&#8221; 
meaning altcoins are doing better than Bitcoin.
Currently, the chart shows a breakout from a downward trend just below the 29 
mark, suggesting a possible shift away from Bitcoin dominance. This breakout 
hints that altcoins may start gaining momentum, potentially entering a period 
where they outperform Bitcoin.
_Source: Mister Crypto_
 _**Related:**__**Chance of Bitcoin price highs above $110K in May increasing 
&#8212; Here&#8217;s why**_
## This Altseason may be different
Others see the rally but warn it&#8217;s not the same as previous cycles. Analyst 
2Lambroz agrees that the altseason may have arrived but says the dynamics have 
changed.
&#8220;People want to bid but lack belief in any strong narrative,&#8221; he wrote on X. 
He noted that unlike 2021, there&#8217;s no sign of retail investors entering the 
market. Traders are rotating capital faster, with little incentive to hold 
long-term positions.
Technical trader Moustache offered a more optimistic view. He shared a chart 
showing repeating altcoin accumulation phases followed by explosive growth. 
According to him, the current structure mirrors those of 2016 and 2020. 
&#8220;Altseason 2025 has officially begun,&#8221; he said.
However, skeptics remain. Commentator Rekt Fencer pointed out that most 
altcoins have been down 90% since December. A modest 10% bounce this week 
sparked exaggerated optimism, prompting him to mock the rally. &#8220;This is the 
ALTSEASON we&#8217;ve all been waiting for,&#8221; he joked.
_Source:__Rekt Fencer_
 _**Related:**__**Bitcoin &#8216;more likely&#8217; to hit $110K before $76.5K &#8212; Arthur 
Hayes**_
## Crypto market rallies on global optimism
Crypto markets started the weekend with strong bullish momentum, driven by 
renewed investor confidence. Bitcoin surged to $104,900, just 4% below its 
all-time high after President Donald Trump announced positive developments in 
US-China trade talks.
The rally extended beyond Bitcoin, with Ether (ETH) posting one of its best 
daily performances in weeks. Memecoins also rebounded sharply, signaling 
renewed risk appetite across the broader altcoin market.
&#8220;Crypto rallied on a wave of global optimism,&#8221; Hank Huang, CEO of Kronos 
Research, told Cointelegraph. &#8220;Ceasefire talks between India and Pakistan 
eased regional tensions, while news on U.S.-China trade tariffs signaled 
renewed cooperation between major economies.&#8221;
Huang added that Ether&#8217;s strong rally added fuel, lifting altcoins across the 
board. &#8220;Bitcoin surged to $105K as investors returned to risk assets, clarity 
replaced uncertainty,&#8221; he noted.
_**Magazine:**__**Bitcoin eyes &#8216;crazy numbers,&#8217; JD Vance set for Bitcoin talk: 
Hodler&#8217;s Digest, May 4 &#8211; 10**_

Altseason is coming, 40% daily gains to become ‘new normal’ — Analyst

Crypto funding showed signs of strength this week, with a trio of standout 
raises highlighting investor appetite across web3 infrastructure, 
entertainment, and tooling. Sentora, a provider of institutional custody 
solutions, led the pack with a $25 million Series A. Web3…

Crypto VC funding: Sentora, T-Rex and Sonic Labs collect fresh capital

Mariana Krym, an expert in disruptive technologies, envisions a future where 
artificial intelligence goes beyond simple task execution, evolving into an 
&#8220;emotional mirror&#8221; that helps users navigate their emotions and self- 
awareness. She believes that AI should recognize subtle emotional cues and 
help users gain insights into their feelings. Artificial Intelligence As an 
‘Emotional Mirror’ Mariana […]

Vyvo COO: AI’s Next Step – Becoming a Tool for Self-Awareness

Bitcoin climbed to a peak of $104,900 on Saturday evening—just about 4% below 
its all-time high—following President Donald Trump&#8217;s announcement of progress 
in U.S.-China trade talks during a meeting in Switzerland.