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Ethereum To $10k? Analyst Says ETH Must Clear This Level First

Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field.　　His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.　　With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jakes insights offer valuable perspectives that bridge the gap between complex technology and everyday usage.　　Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked

05-08

Ethereum Price Prediction: ETH Tests Key $3K Breakout Setup

Ethereum is holding near a key technical zone as two trader charts point to a possible breakout setup. The charts show ETH testing resistance, retesting an old downtrend line, and building patterns that could decide its next move.　　Ethereum Price Eyes $3,000 as ETH Chart Forms Three Cup and Handle Setups　　Ethereum traded near $2,282 on the daily ETH/USD chart on Coinbase, while a chart shared by Sky on X showed three possible cup and handle patterns forming below key resistance.　　The chart places Ethereum under the $2,389 resistance level. That zone has capped several upside attempts since March, making it the main breakout level for ETH price.　　Sky said some traders think ETH is “doing nothing,” but the chart shows three cup and handle setups building across recent price action. The post said these patterns could support a move toward the $3,000 area if Ethereum breaks higher.　　Ethereum Chart. Source:　　The first rounded base formed after Ethereum fell sharply in February and found support near the $1,800 area. ETH then recovered toward $2,389 but failed to clear the resistance zone.　　After that, Ethereum pulled back near the $1,950 to $2,000 range and formed another rounded structure. Buyers later pushed the price back toward the same resistance

05-08

US Nabs 8 ‘Laptop Farmers’ for North Korea over 5 months

Prosecutors said Knoot, who was sentenced on May 1, and Prince, sentenced on Wednesday, each received 18 months in prison.　　Prince was ordered to forfeit $89,000, the amount the North Korean workers paid him for the scheme, while Knoot was ordered to pay $15,100 in restitution to the companies and to forfeit an additional $15,100, the amount he earned from the scheme.　　Together, the Justice Department said the pair generated $1.2 million in revenue for North Korea, and the scheme affected nearly 70 US companies.　　Last month, New Jersey residents Kejia Wang and Zhenxing Wang were given nine years in prison and seven years, eight months in prison, respectively, for hosting laptop farms for North Korea.　　Prosecutors in that case said the scheme lasted multiple years, used the stolen identities of 80 people in the US and made over $5 million for the North Korean government.　　According to a report by CrowdStrike in August, the number of companies that hired North Korean workers over the previous 12 months jumped 220%, with workers infiltrating more than 320 companies over that period.　　The report noted that North Korean workers were heavily using artificial intelligence to automate and optimize the process of applying for and working in remote jobs.　　The

05-08

US unemployment steady, Fed rate cut unlikely by June 2026

## Market Snapshot Fed rate cut by June 2026 meeting？ — currently 3.3% YES, reflecting a slight increase from 3% over the past 24 hours. Fed rate cut by September 2026 meeting？ — currently 34.2% YES, indicating a significant increase from 23% a day earlier.　　## Key Takeaways – The steady unemployment rate at 4.3% and robust job gains suggest a strong US economy, which appears to reduce the probability of a near-term Fed rate cut. – Market pricing suggests participants view the likelihood of a rate cut by June 2026 as low, with the odds currently at 3.3% YES. – The possibility of a rate cut by September 2026 shows increased support, with market odds moving from 23% to 34.2% YES in the past day.　　## Article Body The US unemployment rate remained at 4.3% in April, marking the lowest level since last August and remaining well below the historical average of 5.7%. According to the latest report, the economy added 115,000 jobs, significantly surpassing the expected 63,000. However, February and March figures were revised down by 16,000. Year-over-year wage growth stood at 3.6%, indicating a strong labor market. Given these economic indicators, analysts suggest that a Federal Reserve rate cut

05-08

Kaito AI (KAITO) Airdrop Farming Guide 2026: How to Position for the Next Drop

What Is Kaito AI？　　Kaito is an AI-powered crypto intelligence platform founded in 2022 by ex-Citadel hedge fund manager Yu Hu. The core product is a Web3 meta-search engine that indexes thousands of sources at once: social media, governance forums, Discord servers, podcasts, research reports. It turns that raw noise into structured, searchable signals. Think of it as Perplexity for crypto, with a heavier focus on real-time social sentiment rather than static knowledge. The platform serves both retail users and institutional clients who subscribe to Kaito Pro, its premium search suite.　　What separated Kaito from other analytics tools was the “InfoFi” layer it built on top: the Yaps points program, which rewarded users with crypto-native reputation points for posting quality content on X (formerly Twitter). Kaito backed this with real funding. Its Series A round in June 2023 valued the company at $87.5 million, with backers including Dragonfly Capital, Sequoia Capital, Spartan Group, and Jane Street Capital. That roster matters. These firms rarely write checks into projects without a clear monetization path.　　Why We Expect More Airdrops　　The first $KAITO airdrop launched on February 20, 2025, distributing 10% of the 1 billion total token supplyto the early Yapper community, Genesis NFT holders, and ecosystem

05-08

Why is Venice Token rallying and how high can it climb？

Venice Token ($VVV) has emerged as one of the strongest performers in the crypto market today, posting a 10.2% gain in the past 24 hours to trade at $13.56 while Bitcoin fell 1.92% during the same period.　　Notably, $VVV has climbed nearly 49.5% over the past week and 91% in the last 30 days.　　Venice Token price chart　　While $VVV remains 39% below its all-time high of $22.58 reached in January 2025, it has staged an extraordinary recovery from its December 2025 low of $0.9197, marking a gain of more than 1,385% from those bottom levels.　　Why is Venice Token ($VVV) price rising　　One of the clearest catalysts behind Venice Token‘s latest rally is Venice’s expanding role in the artificial intelligence sector.　　Venice recently secured a strategic partnership with StrikeRobot, which selected Venice as its primary AI backend infrastructure.　　That announcement strengthened $VVVs position as more than just another speculative crypto asset, reinforcing its identity as a token tied to decentralised AI services and infrastructure.　　Following confirmation of the StrikeRobot partnership, $VVV surged roughly 11%, with traders interpreting the move as validation of Venices utility within the growing AI-agent economy.　　Venice has also gained recognition as one of the top AI-focused projects operating on Base, Coinbases layer-2 blockchain ecosystem.　　This

05-08

Centrifuge up 17% after Coinbase partnership: Will CFG break past $0.30？

Centrifuge [$CFG] has gained more than 17% in the past 24 hours, amplifying its multi-week uptrend. The gains over the past seven days have reached 39% with momentum still looking strong.　　As tokenization gains pace, Centrifuge is positioning itself to be a leader in the real-world asset (RWA) sector, especially after Coinbases investment.　　Coinbase tokenizing on Base Chain through Centrifuge　　Centrifuge launched 24/7 trading of the S&P 500 on Base Chain for non-U.S. users. The announcement was made at Consensus 2026 by Base creator Jesse Pollak.　　This news came after Coinbase invested in the Layer 1 blockchain that specializes in bringing traditional finance on-chain. Centrifuge became Coinbases official tokenization infrastructure partner.　　The tokenized S&P 500 in Base will trade under the ticker deSPXA. The product was made available in partnership with S&P Dow Jones Indices, managed by Janus Henderson.　　The tokenized asset market cap is around $30 billion. However, the CEO of Centrifuge, Bhaji Illuminati, believed it would take more than sales to push the TVL of $CFG from $1.5 billion to $10 billion, but it was gradually becoming a possibility.　　With regard to this partnership, Bhaji said,　　What matters now isn‘t getting assets onchain, it’s getting the right assets onchain in the right way,　　A look into Centrifuges

05-08

Ethereum Price Prediction: ETH Tests Key $3K Breakout Setup

05-08

BlackRock Backs GENIUS Act Stablecoin Framework, Pushes 7 Recommendations

BlackRock has filed a comment letter with the U.S. Office of the Comptroller of the Currency, backing the agencys proposed regulatory framework for payment stablecoin issuers under the GENIUS Act.　　The worlds largest asset manager submitted seven recommendations, urging the OCC to permit broader reserve eligibility and adopt flexible compliance rules. BlackRock said the GENIUS Act framework can support real-time settlement and stronger payment system standards.　　BlackRock Backs Principles-Based Framework　　The OCC proposal, published on March 2, sets requirements for permitted payment stablecoin issuers (PPSIs) under the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. It addresses reserve assets, diversification, concentration, capital, and supervisory standards.　　BlackRock said it prefers the agencys “Option A,” which pairs a principles-based approach with an optional quantitative safe harbor. That harbor carries 10% daily and 30% weekly liquidity thresholds, a 40% concentration limit, and a 20-day weighted average maturity cap.　　With the right regulatory framework in place, stablecoins can improve the payments system and drive new forms of financial utility, including real-time settlement. Our comment letter to the @USOCC offers key recommendations we believe will make the most of what the GENIUS Act can… pic.twitter.com/sNreD3iZXn　　— BlackRock (@BlackRock) May 7, 2026　　The firm wants same-day settling government money market funds

05-08

Bitcoin Price Prediction: Tom Lee Says One Monthly Close Ends the Bear Market for Good

BTC spot ETFs logged $277.50M in outflows May 7, snapping five straight days of inflowsOpen interest down 3.70% to $59.36B as volume drops 12.98%, pointing to position exitsPrice reclaimed the 20 EMA at $77,895 but still trades below the 200 EMA at $82,038　　Bitcoin trades at $79,642 on May 9, holding above the 20 EMA after a multi-month recovery but facing its first ETF outflow day in nearly a week, with Fundstrat‘s Tom Lee drawing a clear line in the sand at $76,000 for May’s monthly close.　　What the Daily Chart Says About $80,000　　The daily chart shows BTC has broken above a descending trendline that had capped price since the October 2025 peak near $126,000. The 20 EMA at $77,895 and 50 EMA at $75,327 are now both below price, a positive shift after months of acting as resistance. The Parabolic SAR at $76,718 has flipped bullish, sitting below current price for the first time since the recovery began.　　The 200 EMA at $82,038 is the wall. Price tagged $80,136 intraday on May 8 and pulled back, leaving a visible rejection. Until BTC closes a daily candle above $82,038, the broader EMA structure remains bearish on the macro timeframe.　　Key levels:Resistance: $82,038 (200 EMA),

05-08

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