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BTC Aiming for Gold Again, Breaking Historic Oversold Signal for Super Bull Market

2026.01.21 10:09:08

Historically, Bitcoin’s relative RSI (Relative Strength Index) against gold has fallen into extreme oversold territory (below 30) four times: 2015, 2018, 2022, and 2025. Each instance ended with a sharp Bitcoin rebound as the divergent trend reversed. - **2015**: Amid a bear market’s end, Bitcoin’s relative RSI dipped below 30, kicking off its massive 2016–2017 bull run. - **2018**: Bitcoin plunged over 40% during a bear market while gold climbed nearly 6%. Post-RSI sub-30, Bitcoin surged over 770% from its 2020 low. - **2022**: Bitcoin fell nearly 60% in a bear market. Once RSI hit below 30, Bitcoin rebounded and outperformed gold again. - **2025**: Now at year-end, we’re seeing the fourth historic oversold signal. Gold skyrocketed 64% in 2025 and is up another 10% so far this year, while Bitcoin’s relative RSI has again entered oversold territory. For deeper market analysis, check out BlockBeats’ in-depth report: *Why Is Everything Rising Except the Crypto Market* [Link: https://www.theblockbeats.info/news/60974]
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Ethereum-based ASTEROID Surges Nearly 30% in 24 Hours, Market Cap Reaches $164 million

May 1st — Per GMGN data (link: https://gmgn.ai/eth/token/i_m4TE56o8_0xf280b16ef293d8e534e370794ef26bf312694126), the Ethereum-based meme coin ASTEROID has surged nearly 30% over the past 24 hours. Its market cap stands at $164 million, with 24-hour trading volume hitting $12 million. The story behind ASTEROID traces to 15-year-old Liv Perrotto. Her final wish before passing away was to meet Elon Musk, and she designed a Shiba Inu-shaped doll named "Asteroid." After her death, her mother publicly appealed to Musk, and the narrative was amplified by prominent media personality Glenn Beck on his show. On April 19th, Musk agreed to make Asteroid the official mascot of SpaceX. BlockBeats reminds users: Meme coin trading is highly volatile, often driven by market sentiment and hype, with no real-world value or use case. Investors should exercise caution and be fully aware of the risks.

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Source: Insider According to sources familiar with the matter, the cryptocurrency market structure bill could advance in mid-May.

May 1st — Sources indicate a cryptocurrency market structure bill could advance in mid-May. On Wednesday, key figures involved in crypto legislation negotiations — including North Carolina Republican Senator Thom Tillis — revealed Senate Banking Committee Chair Tim Scott (R-S.C.) has been asked to “expedite scheduling” a hearing to revise and vote on the bill. Separately, another negotiator this week, Angela Alsobrooks, noted lawmakers must address illegal financing and ethics issues if they want a bipartisan vote in the Senate Banking Committee. However, Chair Scott stated he believes the ethics provision does not need review by his committee. It remains unclear where this provision will move next or if it will require review by other committees, though discussions are likely before it comes to a full Senate vote.

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Cryptocurrency Mining Firm Riot Blockchain Sells Another 500 Bitcoins

**May 1st Flash**: Per LookOnChain data, crypto mining firm Riot Blockchain deposited another 500 BTC ($38.24M) into NYDIG 5 hours ago. Back in early April, Riot sent a total of 1,500 BTC to NYDIG—valued at roughly $102.3M at the time.

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BitMine once again stakes 162,000 ETH, with 82% of holdings now staked

As of May 1st, blockchain analytics firm LookOnChain reports BitMine staked an additional 162,088 ETH (valued at $366 million) 8 hours ago. This brings BitMine’s total staked ETH to 4,194,029 (worth $9.48 billion), representing 82.59% of its overall holdings.

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OpenAI Showcases Codex New Workflow Feature, Enabling Real-Time Viewing of Task Progress and File Modifications

On May 1, OpenAI unveiled the latest demo video for Codex, highlighting its AI coding and office workflow capabilities. The official statement noted that users can view real-time progress, access to files and tools, and follow-up steps while Codex executes tasks. The demo also showed that users can directly open generated files in the same thread, submit edit requests, and iteratively collaborate on content—creating a smooth workflow that moves from draft to presentation deck. OpenAI noted that Codex is designed to help users "get work done faster."

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Claude Launches AI Vulnerability Scanning Tool, Claude Security, Initiates Public Beta for Enterprise Users

On May 1st, Anthropic’s Claude announced that its code security tool, Claude Security, has launched public beta testing for Claude Enterprise users. Per the official announcement, Claude Security can scan code repositories for security vulnerabilities, conduct secondary validation of detection results to reduce false positives, and automatically generate remediation solutions for developers to review and approve. Anthropic noted the tool operates without requiring API integration or self-built agents—leveraging Claude Opus 4.7 directly. Anthropic revealed that since its research preview launched in February this year, hundreds of organizations have used Claude Security in production environments and uncovered issues missed by traditional scanners. Based on user feedback, the team has added new features including scheduled scanning, directory-level scanning, CSV/Markdown exports, and Webhook notifications.

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