Invest ideasNews
20 May 2026, 12:41
Bitcoin Price Prediction: South Carolina Moves Against CBDCs With Zero-Tax BTC Bill
South Carolina just became the most aggressive pro-Bitcoin state in America. Bitcoin may be down, its price prediction is also hitting a low, but with regulatory clarity and institutional adoption, BTC is coiling. Governor Henry McMaster signed Senate Bill S.163 into law on May 19, 2026, implementing a total ban on CBDCs, tax neutrality for crypto payments, and hard protections for miners and self-custody holders. The vote was resolved at 110-1 in the House, a genuine bipartisan conviction. The document states: AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING CHAPTER 47 TO TITLE 34 SO AS TO PROHIBIT A GOVERNING AUTHORITY FROM ACCEPTING OR REQUIRING PAYMENT USING CENTRAL BANK DIGITAL CURRENCY OR PARTICIPATING IN A TEST OF CENTRAL BANK DIGITAL CURRENCY; TO PERMIT INDIVIDUALS OR BUSINESSES USING DIGITAL CURRENCY FOR TRANSACTIONS; TO PROVIDE THAT DIGITAL ASSETS MAY NOT BE SINGLED OUT FOR DISPARATE TAX TREATMENT; TO PROVIDE THAT DIGITAL CURRENCY TRANSACTION MAY BE TAXED IF THE TAXATION IS THE SAME AS IF THE TRANSACTION USED UNITED STATES LEGAL TENDER; TO RESTRICT CERTAIN ACTIVITY FOR DIGITAL CURRENCY OPERATIONS THAT ARE ZONED FOR INDUSTRIAL USE; TO PROVIDE THAT DIGITAL ASSET MINING BUSINESS OPERATIONS SHALL NOT PLACE ANY ADDITIONAL STRESS ON THE ELECTRICAL GRID FOR WHICH THEY ARE CONNECTED AND TO PROVIDE THAT DIGITAL MINING BUSINESSES MUST PROVIDE CERTAIN INFORMATION TO THE PUBLIC SERVICE COMMISSION UPON REQUEST; TO PROVIDE THAT THOSE ENGAGED IN DIGITAL MINING OPERATIONS DO NOT HAVE TO OBTAIN CERTAIN LICENSES AND THAT THOSE WHO PROVIDE CERTAIN SERVICES RELATED TO DIGITAL MINING OR STAKING ARE NOT OFFERING A SECURITY; TO PROVIDE THAT THE ATTORNEY GENERAL CAN PROSECUTE AN INDIVIDUAL OR BUSINESS THAT FRAUDULENTLY CLAIM TO BE OFFERING DIGITAL ASSET MINING AS SERVICE OR STAKING AS A SERVICE; AND TO DEFINE NECESSARY TERMS. The law bars state agencies from accepting or testing any federal central bank digital currency, shields proof-of-work mining operations from discriminatory zoning and noise ordinances, and eliminates extra fees or levies on goods purchased with digital assets . A separate House Bill, H.4256, would additionally allow South Carolina’s treasurer to allocate up to 10% of unallocated state funds into Bitcoin as an inflation hedge, capped at 1,000,000 BTC. Discover: The best crypto to diversify your portfolio with Bitcoin Price Prediction: Reclaim $80,000 as State-Level Adoption Accelerates? At $77,000, Bitcoin is pulling back from recent highs but remains structurally elevated. The $75,000 level is the line that matters as a major psychological and technical support zone that needs to be defended to keep the uptrend intact. A daily close below that threshold would shift short-term momentum decisively bearish. The weekly 4.5% drop reads as profit-taking after a rally from $66,000 to $83,000, particularly given the macro and legislative tailwinds accumulating beneath the price. ETF inflows remain a persistent bid, and the state-level reserve demand would represent a structural buyer class that doesn’t sell on red candles. Bitcoin (BTC) 24h 7d 30d 1y All time If Bitcoin could hold $75,000 as support and legislative momentum from South Carolina accelerates copycat bills in other states, ETF inflows could push the price back through $80,000. However, a break below $75,000 on volume would open the door to the $72,000 range, likely triggering forced liquidations and headlines of ETF outflows. Regulatory clarity tends to compress volatility and attract institutional positioning, meaning South Carolina’s move may be more consequential for medium-term price structure than this week dip suggests. Discover: The best pre-launch token sales Bitcoin Hyper Targets Early-Mover Upside as Bitcoin Tries to Break Downtrend Bitcoin consolidating away from all-time highs is a familiar frustration: the macro thesis is right, the entry is not that cheap, and the asymmetric upside that early adopters captured has already been realized. That’s the gap a project like Bitcoin Hyper is targeting: infrastructure-layer exposure to Bitcoin’s growth cycle at presale prices, before exchange listing. Bitcoin Hyper ($HYPER) is positioning as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, delivering sub-second finality and low-cost smart contract execution while inheriting Bitcoin’s security model. Hyper aims to break Bitcoin’s core limitations, like slow throughput, high fees, and zero programmability, without abandoning Bitcoin’s trust layer. The project has raised more than $32 million at a current presale price of just $0.0136 , with 35% APY staking available for early holders. Hyper also offers a Decentralized Canonical Bridge that handles BTC transfers across the Layer 2 for traders watching Bitcoin’s state-level policy cycle accelerate, Bitcoin Hyper represents early infrastructure-layer positioning that is worth researching. The post Bitcoin Price Prediction: South Carolina Moves Against CBDCs With Zero-Tax BTC Bill appeared first on Cryptonews .
20 May 2026, 12:40
US Dollar Index Price Forecast: Downside Path to 100.00 Remains Intact as Hawkish Fed Bets Firm
BitcoinWorld US Dollar Index Price Forecast: Downside Path to 100.00 Remains Intact as Hawkish Fed Bets Firm The US Dollar Index (DXY) continues to trade under selling pressure, with the broader technical and fundamental outlook pointing toward a sustained decline toward the 100.00 psychological level. Despite a hawkish repricing of Federal Reserve rate expectations, the dollar has struggled to regain upside momentum, weighed down by a combination of technical resistance and shifting global risk sentiment. Technical Setup Favors Further Weakness From a technical perspective, the DXY remains entrenched in a bearish trend that has been in place since late 2023. The index has repeatedly failed to break above the 104.00–104.50 resistance zone, and the most recent price action suggests sellers are regaining control. The 100-day simple moving average (SMA) has acted as dynamic resistance, while the Relative Strength Index (RSI) hovers near oversold territory but has not yet signaled a reversal. The next major support level sits at the 100.00 round number, a level that has historically attracted significant buying interest. A daily close below 101.00 would likely accelerate selling pressure, opening the door for a test of the 100.00 handle in the coming weeks. Conversely, a recovery above 102.50 would be needed to alleviate near-term bearish pressure, though such a move appears unlikely without a fundamental catalyst. Fundamental Backdrop: Hawkish Fed, Yet Dollar Falters The Federal Reserve has maintained a hawkish stance in recent months, pushing back against market expectations of early rate cuts. Stronger-than-expected US labor market data and sticky inflation readings have reinforced the narrative that interest rates will remain higher for longer. Typically, such a backdrop would support the dollar, but the currency has failed to capitalize. One key factor is the growing divergence in global monetary policy. The European Central Bank (ECB) and the Bank of England (BoE) have also signaled a cautious approach to easing, limiting the dollar’s yield advantage. Additionally, risk appetite has improved in some segments, reducing safe-haven demand for the greenback. Why the 100.00 Level Matters The 100.00 level is not just a psychological round number; it also represents a key long-term support zone that has held since mid-2023. A decisive break below this level would mark a significant technical breakdown, potentially triggering a wave of stop-loss selling and accelerating the downtrend. For traders, this level is a critical line in the sand. For investors and businesses with USD exposure, the trajectory of the dollar has broad implications. A weaker dollar tends to boost US multinational earnings, support emerging market currencies, and lift commodity prices. Conversely, a sustained decline could reignite inflationary pressures in import-dependent economies. Conclusion The US Dollar Index remains on a clear downward trajectory, with the 100.00 level acting as the next major target. While hawkish Fed bets provide some underlying support, technical resistance and shifting global dynamics continue to weigh on the greenback. Traders should monitor the 101.00–102.50 range closely, as a break below the lower bound would confirm the bearish outlook. FAQs Q1: What is the US Dollar Index (DXY)? The US Dollar Index (DXY) measures the value of the US dollar against a basket of six major currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. It is widely used as a benchmark for dollar strength. Q2: Why is the 100.00 level important for the DXY? The 100.00 level is a key psychological support zone that has historically attracted buying interest. A break below this level would signal a significant technical breakdown and could accelerate selling pressure. Q3: How does a weaker US dollar affect global markets? A weaker dollar typically boosts US exports, supports emerging market currencies, and lifts commodity prices. It can also increase the value of foreign holdings for US investors and reduce the burden of dollar-denominated debt for emerging economies. This post US Dollar Index Price Forecast: Downside Path to 100.00 Remains Intact as Hawkish Fed Bets Firm first appeared on BitcoinWorld .
20 May 2026, 12:32
Tether Buys Out SoftBank Stake in Bitcoin Treasury Firm
Tether has bought out SoftBank Group Inc.’s ownership in the digital-asset treasury company Twenty One Capital Inc., adding to its control over the Bitcoin accumulator as it seeks to merge the firm with two other businesses.
20 May 2026, 12:31
Twenty One Capital stock surges on announcement of bitcoin-native public company formation
More on Twenty One Capital, Inc. Twenty One Capital: A Bitcoin Treasury Company Under Scrutiny Twenty One Capital sees lowest short interest in April among mid-mega cap firms Most and least shorted $2B+ financial stocks in early March Financial information for Twenty One Capital, Inc.
20 May 2026, 12:21
BTC tops popularity list among Poland's 2.5 million crypto holders
Bitcoin is the most popular digital asset with cryptocurrency owners in Poland, according to a new study ordered by the EU nation’s central bank. The monetary authority wants to know the true number of people holding cryptocurrencies in the country, which is preparing to finally adopt European rules. The results have come out after the leading crypto market in the eastern half of the Union was recently stunned by the crash of a major coin trading platform in the region. How many Poles really own cryptocurrencies? Cryptocurrencies are enjoying significant interest from Polish investors, despite the recent challenges, but their central bank wants to know exactly how popular they are. According to a survey commissioned by the National Bank of Poland (NBP), 6.4% of the country’s adult population, around 2.5 million people, actually own digital assets. The regulator noted that the figure comes with 95% probability, pointing out that the real number is somewhere in the range of 5% to 8.1% (approx. 1.9 – 3 million). The poll was conducted by the market and opinion research firm Ipsos among 1,000 respondents and widely quoted by Polish media. The news outlets Puls Biznesu and Super Biznes remarked that it paints a more muted picture of the market than suggested by other surveys. It indicates that while crypto assets are gaining popularity, they are not a mass investment tool yet, analysts say, but is this really the case? A study carried out by the Dutch-licensed fintech company ARI10 and USE Research claimed that around 10 million Poles, over 35% of all, keep digital coins. The finding featured in the “Cryptocurrency Adoption in Europe 2026” report , published earlier this year, put Poland among leading European nations in terms of ownership. That research covered more than 11 000 respondents from 11 countries on the Old Continent, including Germany, France, the United Kingdom, and Norway, as recently reported by Bankier.pl. Commenting on its own poll, Poland’s central bank admitted it treats the data with some caution, acknowledging its estimates are quite conservative. Which coins do Polish investors pick? The NBP study also looks into the portfolios of Polish crypto investors, who tend to choose the best-known currencies, especially those with the largest market capitalization. Bitcoin (BTC) often serves as the gateway to the market, with 3.5% of all respondents holding some. It’s followed by Ethereum (ETH), with 2.2%, while 3.1% have put money into other coins. It’s worth noting that a relatively small share of the polled, 0.9%, keep fiat-pegged stablecoins such as Tether’s USDT or Circle’s USDC and EURC. The authors of the report attempt to profile the average cryptocurrency owner in Poland, remarking that their findings aren’t much different from those in other EU countries. Men are relatively more likely to acquire digital assets than women, and younger people are typically more eager to invest in them than the representatives of older generations. Meanwhile, Bitcoin.pl highlighted another aspect that may have influenced the answers of participants in the poll, hence its results. Taxation unveils the truth better than surveys, the crypto portal wrote in an article on Tuesday, recalling that only around 20,000 Poles reported crypto holdings on their tax returns last year. Regardless of whether the true number of crypto holders is closer to 2 or 10 million, it signals that cryptocurrency is no longer a niche thing, the publication emphasized. The latest polling data comes in the aftermath of the collapse of a major exchange in Poland, Zondacrypto, and amid political turmoil over the adoption of legislation introducing the EU’s Markets in Crypto Assets ( MiCA ) regulations in the country. The smartest crypto minds already read our newsletter. Want in? Join them .
20 May 2026, 12:15
Bitcoin Rises as Treasury Yields and Nvidia Earnings Test Risk Sentiment
