Solana price is forming a bullish cup and handle pattern.
A breakout above $150 could drive price action toward $200.
Support near $140 remains strong after multiple retests.
Solana (SOL) price continues to hover around the $140 support level as bulls attempt a recovery. The asset remains in consolidation, reflecting the broader market’s sideways movement. Despite limited momentum, SOL maintains a slightly upward structure when observed over time.

for source and reference: https://altcoinbeacon.com/solana-price-eyes-200-target-after-bullish-cup-and-handle-emerges/

BlackRock’s IBIT led all spot Bitcoin ETFs with $531M in inflows, pushing its assets to $58.68B and total inflows to $44.21B.
Total spot Bitcoin ETF net assets hit $110.68B, representing 5.91% of Bitcoin’s market cap amid varied fund flows.
Despite active trading, all nine U.S. Ethereum ETFs saw zero flows, with $6.31B in assets and minor daily price drops.
Spot Bitcoin exchange-traded funds (ETFs) collectively posted significant inflows on May 5, continuing their inflow streaks into this asset class in the past three days. This sustained inflow trend reflects growing investor interest and increasing institutional adoption of spot Bitcoin ETFs. During this period, Ethereum funds witnessed zero capital movements across all investment vehicles.

Polkadot price retests lower trendline support after the recent breakdown.
Technical signal weak momentum near $4 resistance.
Bulls must reclaim $6 to confirm the upside continuation pattern.
Polkadot price has seen a minor uptick in the past few hours, hovering just below the $5 mark. Over the past week, DOT has declined by 5%, aligning with the broader crypto market’s sideways movement. The recent dip followed a correction phase that pushed DOT below its ascending trendline. Currently, the asset is retesting that support level, which may act as resistance going forward.

Source: https://altcoinbeacon.com/polkadot-price-targets-10-as-bulls-defend-key-support-zone/.

My questions:
Will the retested trendline now act as strong resistance or allow for a breakout?
What are the volume indicators saying, do they support a potential reversal or further downside?
Are there any bullish or bearish divergences showing up on RSI or MACD?

Polkadot price retests lower trendline support after the recent breakdown.
Technical signal weak momentum near $4 resistance.
Bulls must reclaim $6 to confirm the upside continuation pattern.
Polkadot price has seen a minor uptick in the past few hours, hovering just below the $5 mark. Over the past week, DOT has declined by 5%, aligning with the broader crypto market’s sideways movement. The recent dip followed a correction phase that pushed DOT below its ascending trendline. Currently, the asset is retesting that support level, which may act as resistance going forward.

Morgan Stanley will soon enable retail investors to trade digital assets on its E*Trade platform, expanding access to crypto markets.
The move aligns with recent regulatory shifts under President Trump, building a more crypto-friendly environment for financial firms.
E*Trade’s new “Power ETrade Pro” platform will enhance tools for active traders when launched in June of this year.
Investors will soon be able to trade digital assets on Morgan Stanley’s E*Trade platform, according to reports by the investment management firm. In doing so, the company, which boasts about $1.5 trillion in assets under management (AUM), would become one of the first US banks to offer direct crypto retail services.

Strategy now owns 555,450 BTC, over $52B in value—around 2.6% of all Bitcoin in circulation.
The company has spent $38.08 billion on Bitcoin, with current holdings valued near $52.2 billion.
Strategy launches $42B capital plan while closing its $21B program after latest BTC purchase.
Strategy, the company previously operating under the name MicroStrategy, announced on Monday that it had acquired an additional 1,895 Bitcoin between April 28 and May 4. The total expenditure in the acquisition was about $180.3 million with each Bitcoin being purchased at the average price of $95,167. The U.S. Securities and Exchange Commission filing reported this transaction as official.

Pump.fun is rivaling ETH and it’s now outpacing the DeFi giant in daily fee earnings.
So far this year, Pump.fun has generated around $294 million in transaction fees, according to data from Token Terminal.
The reason for this lag in Ethereum’s performance is the L2 protocols that continue to eat into its transaction fees.
Pump.fun has just pulled a surprise move on Ethereum this week. The Solana-based memecoin launchpad has not only challenged Ethereum’s dominance, but it is also outperforming the defi king in daily fee generation. Despite Ethereum’s dominance in the defi space, Pump.fun, a Solana sub-protocol has capitalized on the popularity of memecoins and is now ranking above Ethereum in this very important metric.

I agree, you are right about the difficulties of selling physical gold. The logistics, trust issues, and lack of transparency in pricing make it far from ideal and especially when compared to digital assets like Bitcoin.

Bitcoin solves many of those pain points:

So its liquid 24/7 unlike gold markets who just rely on business hours.

You don’t need to meet anyone or worry about fake coins like bro, everything is verified on-chain.

You can sell to anyone, anywhere, at market price with low friction and instant settlement.

Of course, gold has its strengths, it's time tested, but when it comes to speed, global accessibility, and how much its easier to transfer, Bitcoin is on another level.

Tensions around new US tariffs are starting to swirl, and investors are flocking to unexpected safe havens.
Since 1 April, Bitcoin has surged roughly 12%. This price move has helped it to outperform both gold and major stock indices.
After outflows in March and February, April alone saw investors pour approximately $2.9 billion into U.S.-listed Bitcoin spot ETFs.
Tensions around new US tariffs are starting to swirl, and investors are flocking to unexpected safe havens. During April, Bitcoin proved more attractive than both gold and top tech stocks as well as traditional refuge assets.

U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) could be set for a month of inflow streaks after building on their current investment influx on May 2. Ethereum (ETH) funds also posted a U-turn in outflows after recording a modest inflow in the last day. BlackRock’s IBIT stole the show as the only BTC ETF and ETH ETF to record inflows across both sectors.

agreed

About 36% of voters in South Korea support  crypto and becoming a major influence in the country’s elections.
The Bitcoin market value of more than 2,600 trillion won has even surpassed some of the KOSPI-listed flagship companies.
Both ruling and opposition parties are pledging sweeping reforms like relaxed regulations, ETF trading, and pension fund  crypto investment.

Visit the latest crypto stories latest crypto storiesat altcoinbeacon for references and further updates and news.

Maldives has launched a $9B blockchain-based financial hub to reduce tourism dependency and create 16,000 jobs.
The five-year megaproject aims to triple the nation’s $7B GDP and establish Maldives as a leading blockchain hub in South Asia.
The country faces stiff regional competition from crypto-friendly nations like Dubai, Hong Kong, and Singapore.

Read more about it in (https://altcoinbeacon.com/crypto/news/) .

https://altcoinbeacon.com/wp-content/uploads/WhatsApp-Image-2025-05-02-at-6.55.04-PM.jpeg.avif
Bitcoin recently crossed the $96,000 market after recovering from its downtrend in early April. It has rallied over 13% in the past month and is currently changing hands at $97,688 at the time of writing. Additionally, the apex asset has recorded 18/30 green days, taking it above its cycle high of $97,409. For context, a cycle high is the highest value an asset attained within a market cycle. In the past year, Bitcoin has surged by 65%, outstripping several top-ranked crypto assets.
know more in thecrypto news stories.

Kyrgyzstan signs a formal deal with the Binance platform to establish digital payment in the country. Binance’s founder Changpeng Zhao confirmed the deal during a meeting attended by President Sadyr Zhaparov.
Binance pay accepts users to pay with cryptocurrency at businesses that allow digital payments. Under the new agreement, the platform will be made accessible to merchants in Kyrgyzstan. The goal is to simplify domestic transactions and support international payments within the Eurasian Economic Union, which includes Kyrgyzstan, Kazakhstan, Russia, Armenia, and Belarus.

According to the National Investment Agency, the cooperation will help expand access to financial tools and bring additional transparency to cross-border transactions. Binance confirmed the collaboration would focus on developing crypto infrastructure, with support from both government and private sector partners.

source : .latest crypto news

Kyrgyzstan signs a formal deal with the Binance platform to establish digital payment in the country. Binance’s founder Changpeng Zhao confirmed the deal during a meeting attended by President Sadyr Zhaparov.

The agreement, which involves the National Investment Agency under the president’s office, outlines cooperation to implement  crypto payment systems, expand blockchain use, and support financial literacy. Binance will help facilitate cross-border transactions and bring crypto-based payment options to local merchants through its service.

read more in the crypto news stories

BlackRock’s IBIT drove all $674.91M in BTC ETF inflows, raising its assets to $59.64B, over 50% of total sector value.
Ethereum ETFs saw $20.10M in inflows from IBIT’s ETHA, with zero outflows reported across all ETH ETFs on May 2.
BTC and ETH ETFs now hold $113.15B and $6.40B in assets, representing 5.87% and 2.87% of their respective market caps.

source: crypto news online.

I have been reading a lot of sources back to back. Some are full of noise, others too slow to update. Curious where the forum goes for breaking crypto news and in-depth analysis?
Personally, I follow these crypto news stories for project updates and price movement reports. What’s your go-to?
One thing i love about them is that you can Advertise with The AltcoinBeacon and put your brand in front of thousands of daily readers who live with cryptocurrency and blockchain. Whether you're launching a new project, promoting a product, or building brand awareness, they are offering tailored advertising solutions to meet your goals and objectives.

1. Governor Hobbs vetoed Arizona’s  crypto investment bill, halting a potential $2B shift into volatile digital assets.
2. The bill’s failure highlights deep legislative divides and Hobbs’ insistence on prioritizing a bipartisan healthcare-focused budget.
3. Cryptocurrency advocates are furious, but Arizona joins Utah in pausing state-level Bitcoin plans amid political and financial caution.

For reference: Check out the recent crypto news . This is is also a good crypto source i just discovered, and should check out further on this topic.
Questions to Ask in Body:

Government of states like Arizona invest public funds in volatile digital assets like Bitcoin?
Was Governor Hobbs right to veto bill in favor priorities of healthcare?
What would have happened if the bill passed ,innovation or instability in finance?

Hello everyone,

The UK's Financial Conduct Authority is considering implementing crypto credit limits to protect consumers. This move could have significant implications for traders and the broader crypto market.

Read more about it here in the recent crypto news.
How do you think this will impact the crypto trading landscape in the UK and beyond?