Bitcoin | Crypto

Strategy co-founder Michael Saylor posted the Bitcoin chart signaling an impending Bitcoin purchase by the company the following day. Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase, marking the fourth consecutive week of purchases by the BTC treasury company. The company's most recent acquisition occurred on April 28 when Strategy purchased 15,355 BTC, valued at over $1.4 billion at the time, bringing the company's total holdings to 553,555 BTC. According to data from SaylorTracker, Strategy is up approximately 39% on its investment, representing over $15 billion in unrealized gains. Read more

Bitcoin deals with nearby liquidity into the weekly close as traders turn to the key Fed meeting for BTC price clues over the coming week. Key points: Bitcoin attacks liquidity clustered close to spot price into the weekly close. Market commentators eye significant BTC price levels below $95,000. Read more

Arizona state senator and Bitcoin advocate Wendy Rogers said, “Bitcoin doesn’t need Arizona, Arizona needs Bitcoin." Bitcoiners and United States government officials have criticized Arizona Governor Katie Hobbs’ decision to veto a bill that would have allowed the state to hold Bitcoin as part of its official reserves. “This will age poorly,” Casa co-founder and cypherpunk Jameson Lopp said in a May 3 X post. Bitcoin (BTC) entrepreneur Anthony Pompliano said, “Imagine the ignorance of a politician to believe they can make investment decisions.” “If she can’t outperform Bitcoin, she must buy it,” Pompliano said. Crypto lawyer Andrew Gordon said, “We need more elected officials who understand that Bitcoin and crypto are the future.” Read more

Bitwise says its “in house” prediction for Bitcoin is $1 million by 2029, deputy CIA director says Bitcoin “here to stay” — Hodler’s Digest The US Central Intelligence Agency is increasingly incorporating Bitcoin as a tool in its operations, and working with the cryptocurrency is a matter of national security, Michael Ellis, the agencys deputy director, told podcast host Anthony Pompliano. In an appearance on the market analyst and investors The Pomp Podcast show, Ellis told Pompliano that the intelligence agency works with law enforcement to track BTC, and it is a point of data collection in counter-intelligence operations. Ellis added: Bitcoin is here to stay cryptocurrency is here to stay. As you know, more and more institutions are adopting it, and I think that is a great trend. One that this administration has obviously been leaning forward into. Read more

Ethereum co-founder Vitalik Buterin believes that the blockchain’s long-term resilience and scalability hinge on making it simple, like Bitcoin. In a blog post on May 3, he described how “Ethereum 5 years from now can become close to as simple as Bitcoin.” Buterin wrote: “One of the best things about Bitcoin is how beautifully simple […] The post Vitalik Buterin wants to make Ethereum ‘as simple as Bitcoin’ by 2030 appeared first on CryptoSlate.

Taking advantage of the increasingly divergent fundamentals of Bitcoin and fiat currency could be a way out for struggling miners. Bitcoin (BTC) mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating expenses instead of selling BTC and losing the upside of an asset that miners expect to surge in price, according to John Glover, chief investment officer at Bitcoin lending firm Ledn. In an interview with Cointelegraph, Glover said that holding onto the BTC carries several benefits including, price appreciation, tax deferment, and the potential to make extra revenue by lending out BTC held in corporate treasuries. The executive added: This debt-based approach is similar to companies like Strategy, which issue corporate debt and equity to finance Bitcoin acquisition and profit from the diverging fundamentals of BTC and the fiat currencies the corporate capital raises are denominated in. Read more

The current ETH price setup versus Bitcoin closely mirrors 2019, with an oversold RSI and prolonged weakness below key moving averages after a multiyear decline. Ethereum’s Ether (ETH) token is approaching a critical price zone against Bitcoin (BTC), which historically marked the beginning of a massive rebound. The ETH/BTC pair, currently trading near 0.019 BTC, is edging closer to 0.016 BTC — the exact level it reached in September 2019 before rallying nearly 450% over the following year. The current ETH/BTC setup resembles 2019, with both periods marked by oversold relative strength index (RSI), long stretches below key moving averages, and multiyear declines. Read more

Institutional investors are driving a new era in Bitcoin mining, capitalizing on favorable US regulations and infrastructure diversification into AI. Opinion by: Fakhul Miah, managing director of GoMining Institutional The Bitcoin (BTC) mining industry has never been more attractive to institutional investors. Fintech giants are investing in Bitcoin mining rather than just accumulating the asset, all thanks to the favorable regulatory environment in the US and the profitability margin of BTC.  Then, numerous companies are diversifying by allocating computing power to AI, further strengthening their economics and, thus, investment attractiveness. For now, it looks like the future of the foundational layer for the Bitcoin network could mark the new gusher age. Read more

Arizona’s plan to invest in Bitcoin has ended in a veto, with Governor Katie Hobbs citing concerns over using public funds for "untested assets." Arizona Governor Katie Hobbs has vetoed a bill that would have allowed the state to hold Bitcoin as part of its official reserves, effectively ending efforts to make Arizona the first US state to adopt such a policy. The Digital Assets Strategic Reserve bill, which would have permitted Arizona to invest seized funds into Bitcoin (BTC) and create a reserve managed by state officials, was formally struck down on Friday, according to an update on the Arizona State Legislature’s website. “Today, I vetoed Senate Bill 1025. The Arizona State Retirement System is one of the strongest in the nation because it makes sound and informed investments,” Hobbs wrote in a statement aimed at Warren Petersen, the President of the Arizona Senate. Read more

Vitalik Buterin proposed new architecture and protocol-wide standards to make Ethereum simpler, faster and easier to maintain. Ethereum co-founder Vitalik Buterin called for simplifying Ethereum’s base protocol, aiming to make the network more efficient, secure and accessible, drawing inspiration from Bitcoin’s minimalist design. In a blog post titled “Simplifying the L1,” published on May 3, Buterin laid out a vision to restructure Ethereum’s architecture across consensus, execution and shared components. “This post will describe how Ethereum 5 years from now can become close to as simple as Bitcoin,” Buterin wrote, arguing that simplicity is key to Ethereum’s resilience and long-term scalability. Read more

Arthur Hayes doubts the US government would print money to buy Bitcoin while the “popular narrative” paints Bitcoin bros partying in nightclubs. BitMEX co-founder Arthur Hayes says the United States is unlikely to add more Bitcoin to its reserves beyond what it has already seized due to the country’s high debt levels and the stereotype behind “Bitcoin bros.” “I’m not really into the whole Strategic Reserve situation,” Hayes said in a May 1 interview. “The United States is a deficit country; the only way they can do a Strategic Reserve is not sell the Bitcoin they took from people, fine, that’s 200,000 Bitcoin,” he said. Read more

Blockchain analyst ZachXBT revealed that roughly $7 million of the $330 million in Bitcoin (BTC) stolen from a longtime US crypto holder has been frozen with the help of Binance. The update comes days after ZachXBT first reported a suspicious transfer of 3,520 BTC, worth about $330 million at the time, from a single wallet. […] The post ZachXBT reveals $7M of the OG holder’s stolen Bitcoin was frozen with Binance’s help appeared first on CryptoSlate.

Moderate optimism can be seen in Bitcoin derivatives data, but not everyone is convinced that new all-time highs are “programmed.” Key takeaways: BTC hit $97,900 due to soaring institutional investor demand, but futures pricing shows traders aren't confident in a sustained rally. Macroeconomic risks and global trade tensions cap bullish sentiment despite $3.6 billion in spot BTC ETF inflows. Read more

One analyst predicts Bitcoin price will hit $135,000 in the next 100 days if certain macroeconomic conditions remain consistent. Key Takeaways: Analyst predicts that a low VIX, specifically below 18, signals a risk-on market, which could potentially boost the Bitcoin price to $135,000 within the next 100 days. The stablecoin market cap hits $220 billion, driving crypto liquidity and Bitcoin’s bullish price action. Read more

The Doomsday Clock, a symbolic gauge maintained by the Bulletin of the Atomic Scientists since 1947, now stands at 89 seconds to midnight. This marks its closest position yet, reflecting an era shaped by multiple existential threats, including nuclear tensions, climate volatility, and disruptive technologies. The latest release brings the clock closer to midnight than […] The post Doomsday clock hit 89 seconds to midnight but Bitcoin could turn back time? appeared first on CryptoSlate.

Publicly listed companies have bought roughly 157,957 Bitcoin (BTC) as of May 1, accounting for 96% of the 164,250 BTC projected to be mined throughout the year. Bitcoin Treasuries data shows that private companies added another 16,799 BTC to their holdings during the same period, while Bitcoin exchange-traded fund (ETF) issuers acquired 34,968 BTC.  Combined, […] The post Public companies have already acquired 96% of all Bitcoin to be mined in 2025 appeared first on CryptoSlate.

Stocks rally alongside Bitcoin, calling into question the whole “decoupling” narrative. Are equities and BTC headed back to new highs? Key takeaways: Despite weak US manufacturing data, Federal Reserve liquidity plans and strong corporate earnings keep equities and crypto afloat. The total crypto market capitalization rose 8.5% since March. Read more

Strategy’s Bitcoin-focused investment operation achieved a year-to-date BTC Yield of 13.7% and a BTC $ gain of $5.8 billion as of April 28, according to its first quarter earnings report. The firm also raised its full-year BTC Yield target from 15% to 25% and increased its BTC gain projection from $10 billion to $15 billion. […] The post Strategy achieves $5.8B in yearly Bitcoin gains, raises BTC Yield target to 25% appeared first on CryptoSlate.

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Veteran trader Peter Brandt says Bitcoin price could rally to $150,000 by summer if it can “regain the broken parabolic slope.” Key takeaways: Bitcoin could reach $150,000 by August or September of this year if BTC breaks above the parabolic slope pattern. Bitcoin (BTC) price jumped to new quarterly highs at $96,700 on May 1, a day after the US GDP contracted -0.3% for the first time since Q2 2022. Amid heightened economic concerns, the probability of a Federal Reserve interest rate cut rose to 62.8% for the June 18 Federal Reserve meeting. Read more