Bitcoin | Crypto

America’s efforts to become a global hub for Bitcoin (BTC) and the wider digital asset ecosystem could serve as a foundation for a new phase of domestic economic growth, according to a report published May 20 by River. The “America Report 2025” asserted that the US is in a unique position to benefit from Bitcoin’s […] The post US Bitcoin edge could power next era of American prosperity – River appeared first on CryptoSlate.

Sovereign wealth funds and state institutions are increasingly opting to gain Bitcoin (BTC) exposure through Strategy (MSTR) rather than spot BTC exchange-traded funds (ETFs), according to Standard Chartered’s head of digital assets research, Geoffrey Kendrick. In an investor report published May 20, Kendrick said that regulatory filings show that increased MSTR holdings drove the bulk […] The post Sovereign entities opt for indirect Bitcoin exposure via Strategy to bypass constraints – StanChart appeared first on CryptoSlate.

BlackRock’s iShares Bitcoin Trust (IBIT) has become the second-largest holder of Bitcoin as of May 20, surpassed only by the infamous wallet of Satoshi Nakamoto, the pseudonymous creator of the flagship crypto. According to data compiled by crypto analyst Shaun Edmondson, IBIT currently holds 636,108 BTC, representing over 3% of Bitcoin’s total capped supply of […] The post BlackRock’s IBIT becomes second-largest Bitcoin holder behind Satoshi Nakamoto appeared first on CryptoSlate.

One Bitcoin trader says “price discovery” will be “inches away” if BTC bulls manage to liquidate $3 billion in short positions. Key takeaways: An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace. Over $3 billion in Bitcoin short positions are vulnerable above $107,000, creating a “liquidation magnet” that could send BTC price to new highs. Read more

Strive Asset Management Firm has partnered with 117 Castell Advisory Group to acquire distressed Bitcoin claims, including those linked to the long-defunct Mt. Gox exchange. According to a May 20 filing with the US Securities and Exchange Commission (SEC), the firms will target claims that have received definitive legal rulings but are still awaiting distribution. […] The post Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves appeared first on CryptoSlate.

Bitcoin’s highest weekly close, Moody’s downgrades US, mini-crash hits alts - FOMO HOUR EP360 Crypto has mini-crash after BTC hits $107.1k. BTC weekly close at $106.5k, highest in history. US Senate may vote on GENIUS Act today. Basel Medical Group may buy $1bn BTC. Metaplanet buys another $104m BTC. Fed Bank of NY, BIS testing smart contracts. Alt season in summer or early 3Q: Hayes. 14 US states hold $632m of Strategy stock. Fifth Third to expand further in crypto. Crypto whales ramping up security: Bloomberg. France offers crypto entrepreneurs extra security. MetaMask to support SOL from this month: CEO. Phantom launches its SOL LST product (PSOL). DeFi Development Corp up 75% after BONK collab. Former Celsius CEO gets 12 years in prison. Blum co-founder arrested in Russia for fraud. UK asks crypto firms to report user, transaction data. 00:00:00 Recap of a Busy Weekend and Events 00:02:56 Latest Updates on Crypto Market Trends 00:06:09 Rising Bond Yields and Fiscal Concerns 00:09:26 Market Speculations an...

KULR has boosted its Bitcoin treasury strategy, adding another $9M to reach 800.3 BTC worth $78M. The firm has reported a 220.26% BTC Yield year-to-date, describing the metric as a gauge of digital-asset growth against its fully diluted share count. The post KULR Tech Adds $9M Bitcoin, Treasury Swells to 800 BTC – Next MicroStrategy? appeared first on Cryptonews.

A growing number of Americans believe the US government should convert part of its gold reserves into Bitcoin. According to a recent poll by The Nakamoto Project, four out of five respondents support converting a portion of the country’s gold holdings into Bitcoin. The polling results showed that more than 1,000 respondents recommended converting between […] The post Eighty percent of Americans favor converting US gold reserves to Bitcoin, poll reveals appeared first on CryptoSlate.

NBA star Tristan Thompson says taking his $82M contract in 2015 in Bitcoin would have been “the best gamble in American sports history.” NBA player and reality television personality Tristan Thompson signed an $82 million NBA contract in 2015 a dream deal at the time. But now that hes become a Bitcoiner, he dreams of an alternate history where that money was paid via BTC. What I know now, I would have definitely pushed to get paid in Bitcoin, Thompson tells Magazine. Itd be so much, Id be laughing and kicking, being like ‘this is the best gamble in American sports history,’ the longtime crypto fanatic says. Read more

The German government sold its Bitcoin stash in the summer of 2024, which became a $2.3 billion missed opportunity for Europe’s largest economy. The German government missed out on more than $2 billion worth of Bitcoin profit after selling its holdings in 2024, according to blockchain intelligence firm Arkham. A “German Government (BKA)” labeled cryptocurrency wallet sold 49,858 Bitcoin (BTC) worth over $2.89 billion at an average price of $57,900 across multiple transactions during June and July in 2024. The decision to sell the Bitcoin early cost the German government over $2.35 billion, according to crypto intelligence platform Arkham. Read more

Maelstrom has awarded Bitcoin developer Ben Allen a $100,000 grant to improve Payjoin, a privacy-focused transaction method that could boost Bitcoin scalability. Bitcoin developer Ben Allen has received a $100,000 grant from investment firm Maelstrom to support the development of Payjoin, a privacy-focused tool aimed at improving Bitcoin’s scalability and privacy. According to a May 20 announcement shared with Cointelegraph, Maelstrom will finance Allen’s work on his Payjoin devkit alongside Dan Gould. The system allows Bitcoin (BTC) senders and receivers to use batched transactions, with positive implications for scalability and privacy. Payjoin was first proposed by Nicolas Dorier in 2019 in Bitcoin improvement proposal (BIP) 78. The core principle behind the system is that both senders and receivers may contribute inputs to a transaction. Read more

Most recent Bitcoin golden crosses have triggered major rallies, though not without notable failures like the February 2020 bull trap. Key takeaways: Bitcoin is nearing a golden cross that has led to 45%–60% price rallies in the recent past. Fundamentals like rising M2 supply and easing trade tensions support a bullish outlook. Read more

JPMorgan CEO Jamie Dimon said he will allow his bank's customers to buy Bitcoin, but the bank will not custody it. Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it won’t custody the cryptocurrency. “We are going to allow you to buy it,” Dimon said at JPMorgan’s annual investor day on May 19. “We’re not going to custody it. We’re going to put it in statements for clients.” CNBC reported that Dimon also remarked on his long-held skepticism about crypto assets, pointing to their use in money laundering, sex trafficking and terrorism. Read more

Fidelity’s Jurrien Timmer says Bitcoin’s rally back to six-figure territory strengthens its store-of-value status, making it comparable to investing in gold. Key takeaways: Bitcoin’s Sharpe ratio converges with gold’s, indicating similar risk-adjusted returns, supporting its store-of-value role. Gold outperformed Bitcoin in Q1 2025 with a 30.33% price gain versus Bitcoin’s 3.84%, driven by economic uncertainty. Read more

Onchain data shows Bitcoin accumulators picking up the pace as BTC price makes a run at new highs. Key takeaways: Bitcoin onchain and technical data suggest new all-time highs are imminent. Glassnode data shows most Bitcoin wallet cohorts accumulating BTC. Read more

Bitcoin is less than 5% away from making new all-time highs, and BTC futures markets look ready to support the rally. Key takeaways: Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations. Weak stablecoin demand in China and the limited use of futures leverage suggest Bitcoin’s current rally is sustainable. Read more

Bitcoin’s realized capitalization has reached a new peak of $906 billion, marking its fourth consecutive weekly high, per CryptoQuant’s data. Unlike traditional market cap, which multiplies current price by circulating supply, realized market capitalization calculates the value of each coin at its last transaction price. This offers a clearer view of capital committed to the […] The post Bitcoin realized cap hits $906B, hints at new all-time high despite today’s pullback appeared first on CryptoSlate.

The biopharmaceutical company bought $1 million of Bitcoin and other cryptocurrencies, taking its total crypto holdings to $4.5 million. Quantum Biopharma has purchased an additional $1 million worth of Bitcoin and other cryptocurrencies, the Canadian biotechnology company said.  The buys take Quantum’s total cryptocurrency holdings to approximately $4.5 million, according to a May 19 press release. The biotech company plans to stake a portion of its crypto to generate revenue.  Quantum expects that holding a treasury of Bitcoin (BTC) and other crypto assets will “provide a return on investment for shareholders and […] provide some hedge against the Canadian dollar,” it said.  Read more

JPMorgan CEO Jamie Dimon said the Wall Street lender plans to offer Bitcoin (BTC) to its customers in a stark shift from his historical stance toward the digital asset. During JPMorgan’s Investor Day, Dimon reiterated that he is “not a fan” of Bitcoin, but acknowledged that clients will continue to demand access to it.  He […] The post JPMorgan to support Bitcoin buying despite Jamie Dimon’s ongoing skepticism appeared first on CryptoSlate.

Bitcoin’s sharp sell-off from $107,000 was the result of profit taking, not contagion from Moody’s recent downgrade of US debt. Key takeaways: Bitcoin recovered from its sharp sell-off from $107,000, suggesting it functions as a hedge against uncertainty for investors reacting to Moody’s recent downgrade of US debt. Moody’s downgraded the US credit rating to Aa1, citing a $36 trillion debt and rising deficits, causing market turbulence and a spike in US Treasury yields. Read more