The price of Bitcoin is about $75,800 at the time of publication, a nearly 40% decrease from the all-time high of about $126,000 reached in October 2025. The price of Bitcoin may be headed to the $60,000 level after breaking past a “crucial” support zone between $75,000 and $76,000, according to crypto market analyst Michaël van de Poppe. Bitcoin fell below the support zone on Friday, van de Poppe said, adding that market corrections occurring on Fridays “flip back bullish quite often.” There are also “multiple” Chicago Mercantile Exchange (CME) Bitcoin futures gaps above the spot market price, the highest of which is over $79,000, he added. He continued: Read more
The cash-settled, European-style contracts will trade under the ticker QBTC on Phlx, but still require CFTC approval before trading can begin. The Securities and Exchange Commission has approved Nasdaq’s proposal to list cash-settled Bitcoin index options on the Philadelphia Stock Exchange. The options are European-style contracts tied to the Nasdaq Bitcoin Index, a benchmark that tracks one one-hundredth of the CME CF Bitcoin Real Time Index, which updates with data from major cryptocurrency exchanges every 200 milliseconds. The approval was granted on an accelerated basis and published Friday on the SEC’s website. The new contracts are cash-settled, meaning holders receive the difference between the Bitcoin spot price and the strike price at expiration. Unlike options on spot Bitcoin ETFs, there is no physical Bitcoin involved and no risk of early assignment, offering traders an alternative way to bet on the price of the cryptocurrency. Read more
Ongoing Bitcoin ETF outflows have historically “correlated with conditions favorable for patient accumulation rather than panic," according to Santiment. The recent streak of outflows from US-based spot Bitcoin ETFs, totaling more than $1 billion over the past trading week, suggests a potential buying opportunity for the world’s largest cryptocurrency, according to crypto sentiment platform Santiment. “Santiment's analysts read these flows as a counter-indicator, since ETFs disproportionately reflect retail conviction rather than smart money positioning,” Santiment said in a report on Friday. Santiment said retail investors were losing patience after Bitcoin (BTC) failed to hold above $80,000 in May. Bitcoin is trading at $75,410 at the time of publication, after reaching as high as $79,052 on May 16, according to CoinMarketCap. Read more
Strategy chairman Michael Saylor said the goal is to maximize Strategy’s Bitcoin per share by 2033. Strategy chairman Michael Saylor has not ruled out the company offloading some Bitcoin as early as this year, after recently softening his long-held “never sell” stance. “I think it's not unlikely that we'll sell some Bitcoin between now and the end of the year,” Saylor said during an interview with Natalie Brunell published to YouTube on Friday. Saylor said it is “also likely” that the company will sell a mix of equity and credit and manage its USD and cash holdings. “We do it in a very thoughtful programmatic fashion where we're running our multivariate models, and we're literally running them,” Saylor said, noting the company is focused on long-term outcomes out to 2033: Read more
Laszlo Hanyecz's 2010 post, offering 10,000 BTC in exchange for two pizzas delivered to his home, marked the first recorded commercial BTC payment. The Bitcoin community celebrated the 16th anniversary of “Pizza Day” on Friday, marking the first recorded commercial Bitcoin transaction, in which real-world goods were purchased with Bitcoin. In May 2010, software developer Laszlo Hanyecz published an online post offering 10,000 BTC, which was valued at about $41 at the time, in exchange for two Papa John's pizzas. At current market prices, the BTC is worth more than $767 million, and at the all-time high of about $126,000 reached in October 2025, the 10,000 BTC was valued at more than $1.2 billion. Nischal Shetty, the founder of crypto exchange WazirX, said: Read more
Institutional crypto adoption accelerates as Tether expands Bitcoin holdings, miners pivot to AI and Polymarket joins Nasdaq amid $1 billion fund outflows. Institutional adoption continued to reshape the digital asset market this week, even as geopolitical tensions reminded investors that crypto remains sensitive to broader macro conditions. Digital asset funds suffered more than $1 billion in outflows as traders reduced risk exposure amid fading hopes for a durable ceasefire between the United States and Iran. At the same time, Tether tightened its grip on Twenty One Capital, Bernstein argued that Bitcoin miners are carving out a strategic role in the race to build artificial intelligence infrastructure, and Polymarket teamed up with Nasdaq to launch prediction markets tied to private companies. This week’s Crypto Biz underscores how institutions continue to influence the digital asset ecosystem. Read more
Bitcoin headed lower as Wall Street trading began with new record highs for the Dow Jones, while traders warned of weak US demand. Bitcoin (BTC) faced familiar selling pressure on Friday as US stock markets began setting fresh record highs. Key points: Read more
MARA spent $4.3 million on CEO Fred Thiel’s security in 2025, including vehicle armoring, as crypto wrench attacks increased globally. Bitcoin miner MARA Holdings spent $4.3 million on personal security for CEO Fred Thiel in 2025, including $430,780 to armor a vehicle, as crypto companies respond to rising physical attacks on industry executives and investors. MARA, the seventh-largest Bitcoin mining company worth more than $5 billion, also spent about $58,810 on Thiel's home security installations and reported additional expenses related to the security measures of other executives, according to its DEF 14A filing with the US Securities and Exchange Commission on April 30. The filing shows that MARA spent a total of $4.3 million on Thiel's security during fiscal year 2025, including the armored vehicle, bodyguards and home security fortifications. Read more
SpaceX’s IPO could turn the Mag 7 into a Mag 8, with Tesla and SpaceX comprising 25% of the group's Bitcoin balance-sheet exposure. Elon Musk's rocket and satellite company SpaceX is planning a $75 billion IPO in June, which could make it the largest near-term public listing with a major Bitcoin treasury. Key takeaways: SpaceX disclosed 18,712 BTC in its recent S-1 filing, worth roughly $1.45 billion, making it the largest known Bitcoin holder among companies preparing for, or recently filing for, a public listing. Read more
Bitcoin rallied for 90 days after its dip below $60,000, breaking the record for the longest uptrend within a bear market in BTC price history. Bitcoin (BTC) has trended up for 90 days and is seeing a “bull market rally,” analysis says. Key points: Read more
The proposed fund would use covered-call and short-term options strategies designed to generate monthly income alongside Bitcoin exposure through a leveraged structure. Hamilton ETFs filed a preliminary prospectus in Canada for an actively managed Bitcoin income exchange-traded fund (ETF) that would use leverage and short-term options strategies to generate yield alongside Bitcoin exposure. The proposed Hamilton Enhanced Bitcoin DayMAX ETF would use covered-call strategies and leverage capped at roughly 25% of net asset value. The strategy is designed to generate income by collecting premiums from short-term options contracts tied to Bitcoin (BTC) price movements. The fund is intended to combine Bitcoin exposure with monthly income generation. The company said the ETF would seek listing approval on Cboe Canada under the ticker symbol BDAY. Read more
Under the American Reserve Modernization Act of 2026, Bitcoin must be held for a minimum of 20 years unless used to slash national debt. US lawmakers have renewed efforts to codify a US strategic Bitcoin reserve with a new bipartisan bill on Thursday that seeks to acquire around 1 million Bitcoin over five years. The American Reserve Modernization Act of 2026 would establish a Strategic Bitcoin (BTC) Reserve and Digital Asset Stockpile for other federally held cryptocurrencies, which would be held by the US Treasury Department, said the bill’s sponsor, Representative Nick Begich. ARMA, sponsored by 16 members of Congress, builds on the BITCOIN Act, which was introduced in July 2024 and updated in March 2025. Read more
Data show Bitcoin futures traders are pursuing overhead short positions, raising the chance of a rally to $80,000. A liquidity imbalance in Bitcoin (BTC) is building near $80,000, with more than $4 billion in short positions vulnerable to liquidation above that level. The setup strengthened after Bitcoin defended support near $76,100 for two days and formed bullish signals on the lower time frames. On the one-hour chart, Bitcoin formed a bullish divergence between the price and the relative strength index (RSI), with improving momentum and higher lows near $76,100, suggesting underlying buying strength. BTC also retested $78,000 on Thursday after defending the $76,100 support level multiple times this week. Read more
Data shows Bitcoin traders cutting short positions and going long despite concerning US macroeconomic data emerging. Is a rally toward $82,000 next? Key takeaways: Bitcoin (BTC) flirted with $78,000 on Thursday but failed to sustain its bullish momentum after a disappointing outlook from US retailer Walmart and growing signs of a more restrictive US monetary policy. Despite weakening macroeconomic conditions, professional Bitcoin traders increased their bullish exposure. Is a rally to $82,000 the next step? Read more