Bitcoin needs to regain momentum with higher trading volumes for BTC to reclaim $80,000 as support and sustain the recovery. Bitcoin’s (BTC) relief rally to $72,000 appears to be cooling off, but analysts said that the BTC price may “continue rising” in the short term. Key takeaways: Bitcoin must flip the short-term holder realized price at $80,000 into support to confirm the trend change. Read more
AROBS Transilvania Software, the largest entrepreneurial tech company listed at the Bucharest Stock Exchange, has completed the process of merger by absorption of AROBS Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
Bhutan has moved another 319 BTC, taking the total to over 9,000 BTC since late 2024, and trimming its sovereign stash by around 70%. Bhutan moved more Bitcoin from its sovereign-linked wallet on Thursday, further reducing its once sizeable BTC stash and extending its months-long selling. Arkham data showed a wallet attributed to the Royal Government of Bhutan and its investment arm Druk Holding & Investment, transferred about 319 Bitcoin (BTC), worth roughly $22.68 million, bringing total outflows since late October 2024 to more than 9,000 BTC. The transfer follows a series of recent wallet movements by the country flagged by Arkham. In March alone, the Bhutan-tagged wallet moved more than 1,667 BTC (roughly $120 million), taking Bhutan’s Bitcoin holdings from about 13,000 BTC in late 2024 to 3,654 BTC in April, according to Arkham Intelligence’s tracking dashboard. Read more
Just minutes before a self-imposed deadline — an unprecedented threat to wipe out “a whole civilisation” — was set to expire, US President Donald Trump announced early Wednesday a two-week ceasefire halting the US-Israeli war on Iran, which has engulfed the Middle East. The development, anxiously awaited by much of the world, followed a long night of back-channel diplomacy spearheaded by Pakistan. Now, with a fragile ceasefire barely holding and tensions still flaring, Islamabad is set to host talks between the warring parties this Saturday. In an earlier post on Truth Social, Trump said the US had received a 10-point proposal from Iran, which he described as “a workable basis on which to negotiate”. On the other hand, Iran’s Foreign Minister Abbas Araghchi mentioned a 15-point US proposal that negotiators said could end the conflict. But neither of the proposals have been formally unveiled as yet. Versions of both have been leaked and published online, and they seem to be poles apart, making the upcoming neg...