Bitcoin rejected the US$78,000-US$79,000 resistance band tracked by Glassnode after briefly approaching US$80,000 in April. Glassnode said short-term holder realised profit rose to about US$4 million per hour as recent buyers sold into the rally. Market data showed Bitcoin near US$77,043 on May 1, with support clustered around US$65,000-US$70,000 if demand weakens. Bitcoin (BTC) failed […]
Crypto exchange Bullish has expanded its integration with Ripple Prime, giving institutional clients access to Bitcoin options trading alongside existing spot and derivatives services. The move supports collateral like Ripple’s new stablecoin, RLUSD, and will boost capital efficiency for institutional investors through cross-venue margining. More than 300 institutional users of Ripple’s brokerage platform, Ripple Prime, […]
Jones argues Bitcoin’s capped supply makes it a stronger inflation hedge than gold, especially during periods of heavy monetary stimulus. He points to the 2020 liquidity surge as a turning point that highlighted Bitcoin’s role as a macro trade. Despite crypto optimism, he warns equities look stretched, with weak long-term returns and broader economic risks […]
Bitwise CIO Matt Hougan said Bitcoin’s 20% rebound from February lows was driven largely by Strategy, ETF issuers and long-term holders. Hougan said Strategy added US$7.2 billion (AU$10.37 billion) of Bitcoin over eight weeks, supported by STRC issuance. Strategy’s April 27 filing showed 818,334 BTC holdings after a 3,273 BTC purchase funded by common-stock ATM […]
Patrick Witt signalled at Bitcoin 2026 that a Strategic Bitcoin Reserve announcement could come within weeks. Trump’s March 6, 2025, executive order created the reserve using government BTC from forfeitures and barred sales of deposited coins. Cynthia Lummis-backed legislation would codify the reserve and authorise up to 1 million BTC over five years. Patrick Witt, […]
Admiral Samuel Paparo told lawmakers on April 21 and April 22 that Bitcoin has cybersecurity value and that the military is already running a node. Paparo said the node is not mining Bitcoin, but is being used to monitor the network and conduct operational tests to secure and protect systems. Critics including Matthew Kratter and […]
Analysis from fund management firm VanEck suggests Bitcoin may be set for a bullish few months as multiple key indicators begin to flash bullish. VanEck’s analysis highlighted Bitcoin’s funding rate recently turning bullish, an indicator that has historically preceded substantial gains over 30-day to 180-day time horizons. The analysis also pointed to a fall in […]
US spot bitcoin ETFs recorded US$335.8 million in net inflows on April 22, according to Farside Investors data. BlackRock’s IBIT led the session with US$246.9 million, while Fidelity’s FBTC added US$56.7 million and Grayscale’s GBTC still posted an outflow. Eric Balchunas said every rolling flow period had turned positive for the first time in months, […]
Strategy acquired 34,164 BTC for approximately US$2.54 billion between April 13 and April 19. The company now holds 815,061 BTC acquired for roughly US$61.56 billion. Strategy’s treasury represents more than 3.8% of Bitcoin’s fixed 21 million supply. Strategy acquired 34,164 Bitcoin (BTC) for approximately US$2.54 billion (AU$3.56 billion). The company said the purchase took place […]
Bitcoin fell toward US$75,000 after reaching ten-week highs near US$78,400 on April 17. CoinGlass data cited by market reports showed about US$260 million in crypto liquidations over 24 hours. Analysts warned that renewed Strait of Hormuz tension and oil volatility could keep crypto sentiment unstable. No one seems to know what’s going on anymore, and […]