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Bittensor (TAO) Price Update: Accumulation Phase Points Toward $750

By | Edited By Ammar Raza,,

Bittensor (TAO) price is consolidating in a broad range with strong support holding and resistance repeatedly rejecting upside moves, showing stabilization after prior weakness and a gradual shift toward neutral-to-bullish momentum. RSI and MACD indicate improving buying pressure, while TaonSquare’s ecosystem expansion adds positive long-term sentiment through growing adoption and utility.

TAO Price Range Signals Market Accumulation Phase

TAO is trading within a broad multi-month range, showing repeated rejection at upper resistance and accumulation near support zones.

After a strong selloff, the price stabilized and formed a recovery structure, indicating weakening bearish momentum and a gradual shift toward neutral-to-bullish sentiment with an improving market participation overall outlook.

TAO Price recently attempted a breakout above mid-range resistance but faced selling pressure, confirming distribution near supply zones.

TAO price prediction chart
Source: @cryptorand

Key resistance levels are $310, $340, and $370, with stronger macro resistance at $430 and $470. A sustained break above these levels could trigger bullish continuation and trend expansion to the upside.

On the downside, strong support exists at $290, $270, $250, and deeper structural zones at $214, $198, $169, and $147. Holding above $290 preserves bullish structure, while a breakdown risks extended consolidation.

Upside targets include $430, $470, $590, and long-term $750 if momentum strengthens further in the coming cycle, according to the crypto analyst Rand Group.

Also Read: Bittensor Price Prediction: TAO Price Trend Turns Bullish With a Reversal to $350 in Focus

Bullish Sentiment Builds On Rising Momentum

From an indicator perspective, RSI 14 shows bullish momentum strengthening at 63.36 above its signal line at 56.23, indicating buyers are gaining control after consolidation.

But it is getting closer to overbought territory, suggesting that it might be time to play safe because the strength may dissipate if the RSI fails to hold above the mid-60 level.

TAO tradingview chart
Source: TradingView

MACD crossover is in favor of bulls, where the MACD line moves above the signal line at a reading of 6.52309 and 4.90667, respectively. The histogram expands further, indicating an even stronger trend upwards.

A histogram value of 11.42977 shows increasing bullish strength, and thus the upward movement might extend if the histogram remains positive while the TAO price holds its key level.

TaonSquare Expands Bittensor AI Ecosystem

Apart from this consolidative price movement, TaonSquare’s recent updates offer robust foundations to support TAO, emphasizing the increased usefulness of the Bittensor platform, growing involvement of developers, and increasing usage of AI subnets.

These strengthen market optimism and maintain a bullish trend for the project. These improvements in the ecosystem will influence how investors see things and could create new interest in buying, because improved facilities, equipment, and access usually lead to higher demand for TAO, which might result in rising prices in the long run.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: TAO Price Outlook Strengthens as Bulls Target $375–$485 Resistance Zone

Pakistan IMF funding boost: IMF releases $1.32 billion under EFF climate programs

By | Edited By Ammar Raza,,

The Pakistan IMF funding received a major boost after the lender approved fresh support under ongoing economic and climate programmes. The IMF praised Pakistan’s policy implementation amid global uncertainty and stressed the importance of continued reforms, fiscal discipline, and economic stability to support long-term growth and resilience.

IMF Clears Fresh Funding for Pakistan

Pakistan is set to receive about $1.32 billion after the International Monetary Fund approved new loan disbursements under its ongoing support programmes, as of May 9 2026.

The decision came after the IMF Executive Board completed reviews linked to the country’s Extended Fund Facility and Resilience and Sustainability Facility.

The approval allows Pakistan to immediately access nearly $1.1 billion under the Extended Fund Facility and about $220 million through the climate-focused Resilience and Sustainability Facility.

Pakistan IMF Funding Approved
Source: @sadafzbaloch

The latest release increases total disbursements under both programmes to around $4.8 billion. The IMF said Pakistan IMF funding helped the country maintain economic stability despite rising external pressures and uncertainty linked to the war in the Middle East.

The lender noted that strong policy implementation helped improve financing conditions and strengthen the country’s external position.

Also Read: CLARITY Act Heads to Senate Vote as Crypto Industry Awaits Clear US Regulations

Pakistan IMF Funding Linked to Reforms

The IMF highlighted that the country’s relationship with the IMF was contingent upon continued macroeconomic discipline and structural reforms.

The IMF stressed the need for fiscal restraint, improved tax administration, and reforms in the public sector enterprises.

The creditor emphasized the need for strengthening social protection systems, the provision of health care, education, and the sustainability of the energy sector.

As mentioned by the IMF, these measures continue to be vital for sustainable economic development. Pakistan has continued to perform within program expectations in fiscal matters, with the country expected to have a primary surplus of 1.6 percent of GDP.

Central Bank Measures Back Stability

The IMF praised the State Bank of Pakistan for maintaining a tight monetary policy position. The State Bank of Pakistan increased its benchmark interest rate by 100 basis points to 11.5 percent in April.

This was the first increase in nearly three years. According to the IMF, the inflation increased due to an increase in the international price of commodities, which pushed up the local energy prices.

The country’s gross reserves were estimated to be $16 billion as of December, compared to $14.5 billion as of June 2025.

The Pakistan IMF funding programmes include the 37-month Extended Fund Facility, approved in September 2024, and the Resilience and Sustainability Facility, approved in May 2025.

Also Read: Kraken Parent Payward Boldly Seeks 2026 Federal Bank Charter

Dogecoin Price Forecast Shows Targets of $1 $2 and $5 in Long Term Outlook

By | Edited By Ammar Raza,,

Dogecoin (DOGE) price is oscillating within an important support zone. Although short-term trading activity has been limited, the general sentiment remains positive, albeit with caution regarding current positions. There are fears that a bearish move could occur before an upward trend begins.

At the time of writing, DOGE is trading at $0.1096 with a 24-hour trading volume of $1.72 billion and a market capitalization of $18.62 billion. The DOGE also recorded a 2.05% increase over the last 24 hours, showing that buyers are still active despite uncertainty across the broader crypto market.

DOGE price chart
Source: CoinmarketCap

Also Read | SEI Price Prediction: Breakout Formation Targets $0.76 as Bulls Regain Control

Dogecoin Price Faces Important Accumulation Zone

On May 9, 2026, crypto analyst Crypto Patel provided a warning concerning the high time frame chart formation of the Dogecoin price. In the view of Crypto Patel, Dogecoin price may be getting ready to make a significant downtrend before embarking on a bullish move.

DOGE price chart 
Source: Crypto Patel’s X Post

There was a range in the accumulation stage, ranging from $0.10 to $0.07, which could be an area where large investors would want to make a move in case of any further price drops. Patel even gave some very optimistic long-term projections on Dogecoin price, such as hitting $1, $2, and even $5.

It was also implied from the post that retail investors would panic in case of short-term weakness, whereas experienced market players would be positioning themselves for long-term positions.

Derivatives Data Shows Stable Market Participation

According to recent data from the derivatives market, the participation level continues to be quite steady in spite of the risk-averse nature of the market. The open interest went up by 0.49% to $1.48 billion.

The total volume of transactions was lower at 16.10%, which amounted to $2.10 billion, because the market lacks strength and a clear direction. The reduced volume indicates that many players are not taking any bold steps in order to avoid any problems.

DOGE open interest and volume chart
Source: Coinglass

The OI-weighted funding rate, on the other hand, stayed in the positive region at 0.0062%, indicating the presence of a small edge for margin investors. The positive funding rate reflects some degree of optimism about further price increases in the coming days.

DOGE OI Weighted chart
Source: Coinglass

The Dogecoin price has reached a critical juncture, and there is speculation about whether the Dogecoin price will manage to sustain its current support level or suffer further depreciation before mounting an attempt at recovery.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Solana Price Holds Key Support as Market Shows Mixed Signals

Court Allows Arbitrum DAO to Transfer $71M ETH to Aave

By | Edited By Ammar Raza,,

A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, giving the DeFi lender a legal route to continue its recovery plan after a North Korea-linked rsETH exploit.

Judge Margaret Garnett of the Southern District of New York issued the order on Friday. The order modified a restraining notice that had blocked the assets inside Arbitrum DAO.

Also Read: Arbitrum $71M ETH Plan Faces Court Block After DAO Approval

The change allows an on-chain governance vote to transfer the funds to a wallet controlled by Aave LLC. It also protects participants in the transfer from being treated as violators of the freeze.

The ruling left the terrorism victims’ claim on the assets intact. Aave cannot freely withdraw the funds; it might need to pay back the money if the court decides to rule in their favor.

The ruling came after the overwhelming backing of Arbitrum DAO delegates in a Snapshot poll conducted offline. This vote formed part of Aave’s strategy for recovering the funds lost in the rsETH exploit tied to Kelp DAO.

Source: Courtlistener

Arbitrum DAO Clears Legal Transfer Step

A final transfer of the Ether will require an on-chain governance vote. Otherwise, the funds will continue to stay where they are.

In an emergency motion to the court last week, Aave requested the removal of the freezing order. The motion sought to overturn the restraining notice preventing Arbitrum DAO from transferring the funds.

This restraining notice was issued by Gerstein Harrow LLP, which represents families owed $877 million in terrorism judgments against North Korea.

According to Gerstein Harrow, the funds were stolen by North Korean hackers during the April 18 exploit.

Aave Disputes Claims in Arbitrum DAO Case

Aave countered the claim. It stated that the thief cannot have lawful ownership rights over the stolen item. It further pointed out the lack of credibility of the attribution to North Korea.

The protocol cautioned that a restraining notice might harm future efforts to recover the loss within DeFi. It said that such legal ambiguity might deter protocols from assisting their customers post-major thefts.

Gerstein Harrow has taken similar action before. In January, it filed a lawsuit against Railgun DAO. It accused the privacy protocol of money laundering for hackers from North Korea, which includes the $1.5 billion Bybit exploitation.

The Kelp DAO exploit resulted in a considerable shortage of rsETH backing. The attack led to the release of 116,500 rsETH on Ethereum without a corresponding burn on the source side.

Only 40,373 rsETH remained in the adapter contract. The confirmed backing was 152,577 rsETH. This indicates a shortfall of about 76,127 rsETH or $174.5 million.

The 30,765 ETH frozen by Arbitrum DAO might assist in reducing the shortfall. Proponents believe that partial recovery would enhance rsETH backing and benefit users on Arbitrum and the entire DeFi network.

Also Read: Kraken Parent Payward Boldly Seeks 2026 Federal Bank Charter

BlackRock’s 2026 Ethereum Launch Boosts On-Chain Finance

By | Edited By Ammar Raza,,

BlackRock is working on issuing tokenised money-market funds on Ethereum for those investors who have stablecoins and don’t plan to use cash in traditional bank accounts.

The fund is linked to BlackRock’s $6.1B Treasury liquidity fund which mainly focuses on investing in US Treasuries and short-term debt. This move reflects a growing trend of the merging of traditional finance and blockchain infrastructure as stablecoin funds desire regulated real-world yield opportunities.

Tokenised Money Market Funds on Ethereum

Through this new product, stablecoin owners will have the opportunity to get tokenised exposure to BlackRock’s Treasury liquidity fund in-house on Ethereum. By transferring money-market fund shares on-chain, the asset manager is utilizing blockchain technology for issuing, settlement, and providing liquidity.

BlackRock’s 2026 Ethereum launch boosts On-Chain finance
Source: Pintu

This setup offers institutional and qualified investors the chance to use digital dollars for buying short-term government debt without changing them into fiat, That’s why increasing the efficiency of capital for crypto-based portfolios.

Also Read: BlackRock Aggressively Expands Digital Asset Exposure With $390M Crypto Allocation

Stablecoin Capital Enters Real-World Yield

Recently, stablecoin capital was seen entering real-world asset products, a trend that the launch is a part of. US Treasuries, for example, can be tokenised to offer on-chain yield options that are backed by traditional fixed income instruments. This allows for transparent, collateralized returns to be demanded.

Besides that, that DeFi is intended to be a total replacement for traditional centralized financial intermediaries, these products are a way of TradFi and decentralized finance that is making use of blockchains and having on-chain settlements to connect regulated liquidity products.

Also Read: BlackRock Urges OCC to Remove 20% Tokenized Reserve Cap

Institutional Adoption of Blockchain Rails

In fact, the use of blockchains by the institutions for their settlement and liquidity management is a trend that is highlighted by BlackRock’s action. With tokenised tradfi products, operational frictions are reduced, the transferability aspect is 24/7, and auditability is improved as well.

Yet, the challenges such as regulatory clarity, custody standards, interoperability between public networks and legacy systems are still present.

Also Read: BlackRock Clients Trigger Shocking $112.22 Million Bitcoin Liquidation

ZEC Price Breakout Confirms Bullish Momentum, Targets $782 Resistance Level

By | Edited By Ammar Raza,,

Zcash (ZEC) price is in a strong bullish phase after breaking out from consolidation, showing sustained upward momentum and renewed market confidence. Alongside price strength, the project is expanding its privacy ecosystem and progressing toward quantum-resistant upgrades and recoverable wallet features, reinforcing its long-term security and adoption outlook in the crypto space.

ZEC Price Breakout Signals Massive Bullish Momentum

Zcash (ZEC) is showing a strong bullish structure on the daily timeframe after breaking out from a long consolidation phase.

Price rapidly climbed from the $300 region toward $600, confirming renewed buying momentum. The breakout above major Fibonacci levels signals trend continuation and increasing trader confidence across the market.

The rally successfully reclaimed the important 1.618 Fibonacci extension near $598, while momentum now targets the highlighted resistance zone around $733 and $782. Strong bullish candles and rising volume indicate aggressive accumulation.

ZEC price prediction chart
Source: @CryptoTA_King

According to the crypto analyst CryptoTA King, however, the steep upward movement also raises the possibility of temporary pullbacks and volatility spikes.

As long as the ZEC price remains above the $598 support region, the overall positive trend is expected to remain intact with the possibility of more gains.

A break above $782 will likely make way towards the thousand-dollar range later. However, falling below important support levels will certainly invite some profit-taking.

Also Read: Zcash (ZEC) Rising Open Interest Signals Potential Rally Toward $600

Zcash Expands Quantum-Resistant Privacy Infrastructure

Despite the price action, Zcash Embarks on Quantum-Resistance Strategy, Recovery Wallet Implementation Progressing. Delphi Digital has published an extensive analysis of Zcash, emphasizing its growing significance within the cryptocurrency network.

According to the report, as Bitcoin gains acceptance in mainstream financial institutions and fails to provide native privacy, Zcash is now positioning itself as a privacy-centric and quantum-resistant cryptocurrency.

The report highlights that the supply of Zcash’s shielded pool has increased from ~11% at the start of 2025 to ~30%, reflecting an increasing demand for using the feature for privacy.

Meanwhile, Zcash is developing its own quantum-resistant strategy roadmap, targeting post-quantum protocol privacy through the Tachyon upgrade by late 2026, quantum-recoverable wallets in 2026, and ultimate post-quantum soundness for future years.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Zcash Price Outlook: ZEC Price Breakout Could Ignite Bullish Rally Above $740

CLARITY Act Heads to Senate Vote as Crypto Industry Awaits Clear US Regulations

By | Edited By Ammar Raza,,

The CLARITY Act has again come into focus as the US Congress prepares for an important hearing on the bill at the upcoming Senate Banking Committee meeting scheduled for this Thursday. The proposed law may prove to be one of the most crucial bills relating to cryptocurrencies in America.

Tim Scott, chairperson of the Senate Banking Committee, stated that “the vote will be held later this week.” This information rapidly caught the attention of many within the crypto community, as the CLARITY Act, which had previously faced some delays, is being considered at last.

The draft was presented in July 2025, but stopped in January when Coinbase pulled out of it. Some of the reasons included a lack of protection offered to the open-source developer, the restriction on the stablecoin yield product, and the DeFi regulation guidelines.

Also Read | Zcash Boosts Bitcoin Privacy with 2026 Quantum Upgrade

Coinbase Supports Progress on CLARITY Act

Coinbase’s chief legal officer, Paul Grewal, praised the bill through his social media post, referring to it as being “on like Donkey Kong.” The Coinbase chief policy officer, Faryar Shirzad, also said in an X post, adding that the CLARITY Act is an essential component in safeguarding consumer interests and fostering cryptocurrency innovations in America.

Senate Banking Committee Clarity Act
Source: Faryar Shirzad’s X Post

Shirzad further stated that for the industry of digital assets to be able to thrive in the United States, there must be regulations in place.

However, for quite a few years now, the cryptocurrency industry has been complaining about how uncertainty in regulations in the country has posed difficulties for growth and development. In the past, when former President Joe Biden was the leader of the United States, there were many complaints from companies regarding the regulatory stance adopted by the former Chairperson of the SEC, Gary Gensler.

CLARITY Act Needs Bipartisan Support to Pass

Supporting the bill, pro-crypto Senator Cynthia Lummis expressed her views and urged lawmakers to move the CLARITY Act forward in the Banking Committee.

This comes after Coinbase’s Vice President of U.S. Policy, Kara Calvert, commented on Consensus 2026 about how the markup process would probably take place in the upcoming week.

According to Calvert, for the CLARITY Act to become a law, it requires 60 votes in the Senate; thus, members of both parties in Congress should be ready to pass this act into legislation.

Also Read | Bitcoin Price Holds $80,000 Support as Bulls Eye $100,000 Breakout Target

Bitcoin Dominance Holds 60% as Market Consolidates Near $1.61 Trillion

By | Edited By Ammar Raza,,

Bitcoin dominance continues to hold above 60%as the broader crypto market consolidates near $1.61 trillion. The stability of the market reflects the continued strong performance of BTC despite volatility related to miners’ profit-taking and the outflows of institutional funds into other assets.

Currently, Bitcoin (BTC) is trading at $80,231, indicating a moderate increase compared to 24 hours ago. Over the past 24 hours, the cryptocurrency’s trading volume was approximately $40.83 billion, while the market capitalization reached close to $1.61 trillion. BTC dominates the digital asset market at 60.15% as of now.

Bitcoin price chart
Source: CoinGecko

During the day, BTC continues to show signs of growth as the previous period of recovery ends in favor of the asset’s upward movement. The upward movement follows a broader recovery phase that has been building since early April.

Also Read | Solana Price Holds Key Support as Market Shows Mixed Signals

Bitcoin Dominance Shows 3400 BTC Offloaded

According to a recent post by Ali Charts, a notable shift in miner behavior as profit-taking activity intensifies during the latest market rally. The data suggests miners have increasingly used recent price strength to realize gains while Bitcoin continued its upward momentum over the past month.

According to the post, since April 7, when the price of BTC was around $72,000, BTC has climbed towards a recent peak at $82,790, which amounts to a 15% gain. On-chain data shows that during the period of increasing BTC’s price, miners’ behavior changed to start cashing their profits.

Bitcoin price analysis
Source: Ali Marteniz’s X Post

On-chain observations indicate that approximately 3,400 BTC have been offloaded by miners throughout the rally. The selling activity is believed to support operational costs and secure profits at multi-month highs, reflecting a typical miner’s response to sustained price appreciation and improved liquidity conditions in the market.

Bitcoin ETF Outflows Signal Market Pressure

Alongside miner activity, exchange-traded fund flows in the United States also showed a varied direction. SoSoValue revealed on May 8 that spot Bitcoin ETFs in the US had a net outflow of $146 million. It implies that there was a net sell-off that left more funds than those that were added to Bitcoin ETFs.

Bitcoin spot ETF
Source: SoSoValue

Unlike Bitcoin ETFs, Ethereum ETFs in the United States showed a positive inflow of $3.57 million. Although there were ETFs with opposite flows, BTC still dominated, being the most popular among traders and investors, according to Bitcoin dominance.

Also Read | BONK Price Analysis: Bullish Breakout Targets Higher Resistance at $0.94

Senator Warren Questions Meta’s 2026 Stablecoin Trial Over Systemic Risk

By | Edited By Ammar Raza,,

Senator Elizabeth Warren has written to Meta CEO Mark Zuckerberg asking for more details about the company’s recent trial of stablecoin. She believes that the project of such a large-scale stablecoin by Meta with 3.5 billion users could have an impact on financial stability. The letter also reflects the continued regulatory focus on digital assets by large technology companies.

Requests for Transparency and Details of Warren’s Letter

The letter urges Zuckerberg to make public the details of Meta’s stablecoin trial including its technical setup, how the reserves are managed, and the governance system. Warren highlighted that launching a private digital currency at the level of Meta would need proper regulatory oversight to avert harm to both consumers and the financial system at large.

Meta
Source: Figma

The request is part of legislative attention to stablecoin regulations and the involvement of Big Tech in payments.

Also Read: Metaplanet Acquires 5,075 BTC, Expands Bitcoin Holdings to 40,177

Financial Stability Concerns at Global Scale

Warren alerted that a stablecoin developed by Meta and reaching 3.5 billion users worldwide could have systemic ramifications if left unsupervised. Among the risks she mentioned were the possibility of a very fast spread, runs on the reserves, and the difficulties of integrating into the current banking system without any disruption.

The senator also underscored that a privately issued digital currency at this scale could challenge monetary policy transmission and deposit flows, particularly if users migrate from insured bank accounts to stablecoin wallets.

Without defined regulatory guardrails on reserves, redemption rights, and operational resilience, the trial raises questions about consumer recourse and cross-border oversight given Meta’s global footprint.

Also Read: Crypto Prediction Markets’ Growth Accelerates As Regulators and Institutions Enter the Sector

Regulatory Implications for Big Tech and Stablecoins

This investigation highlights the friction between the introduction of new digital payment methods and the long-standing financial regulations. Meta’s pilot program is under scrutiny for its provisions in AML, consumer safeguards, as well as its capacity to collaborate with the regulated financial sector.

The results may pave the way for regulatory measures aimed at stablecoin providers and set the bar for compliance of tech firms entering the crypto space.

Also Read: Bithumb Crypto Partnership Expands Into Vietnam’s Digital Asset Market

Kraken Parent Payward Boldly Seeks 2026 Federal Bank Charter

By | Edited By Ammar Raza,,

Payward is the holding company for Kraken. It has applied for a federal bank charter, which potentially represents a significant step in the direction of integrating digital asset services within the regulated banking system in the U.S.

This paper also discusses some of the requirements to be officially recognized as a trusted custodian for Bitcoin and other cryptocurrencies by the government, reflecting the overall trend among institutions seeking increasingly compliant digital asset infrastructures.

Federal Charter Application Details

Payward’s recent action is a plea for support in upgrading their designation to a federal bank, which would be almost the highest level of national control for provision of custody services. They want to be the only place for Bitcoin and crypto custody, ensuring that institutional and wealthy clients get a regulated environment for their digital assets.

Payward is the holding company for Kraken
Source: HOKANEWS.COM

This kind of arrangement will be able to fulfill the requirements of security and the compliance standards that are typical of banks even with cryptocurrencies.

Also Read: Kraken Parent Expands Stablecoin Payments With $600M Reap Deal

Institutional Custody and Market Implications

A federaly chartered bank opened crypto custody could be a key market enabler by, among other things, A lot lowering the counterparty risk and by explaining how such a bank would be regulated.

For Bitcoin owners, using a regulated custodian might be a way to solve issues related to security, insurance, and auditability. Also, it is a well-known fact that these changes further demonstrate the ongoing integration of traditional finance and blockchain infrastructure as exchanges are nowadays trying to adhere to compliance standards that are always changing.

Also Read: Kraken MoneyGram Partnership Unlocks Global Crypto-to-Cash Access

Regulatory Landscape and Operational Challenges

Obtaining federal bank status Quite a bit clarifies who regulates the bank and the capital that it must maintain. Though, applying for this status is quite lengthy, involving rigorous assessments of one’s risk management, anti-money laundering controls, and cybersecurity practices.

Also, much remains to be done for aligning crypto-native activities with the compliance requirements of banks. Besides, there are specific rules for asset segregation, reserve requirements, and the interaction between new and traditional financial systems. The timing of a policy enactment depends on approval times and changes in the policy.

Also Read: Kraken Parent Seals Bold 2026 Bitnomial Acquisition, Gains Full CFTC Licenses