Bitcoin | Crypto

Bitcoin failed to overcome $79,000, but a potential bear trap formed as $1.4 billion in short positions face liquidation at $80,000. Will spot market demand be the trigger? Key takeaways: Bitcoin (BTC) price sustained levels above $76,000 for the past week, distancing itself from its year low at $60,500. The recent bullish momentum came as crude oil prices jumped above $100 and the S&P 500 hit new trading highs, but futures market data may point to a short-term rally-ending outcome for Bitcoin. A total of $1.4 billion in leveraged short positions near $80,000 has been built over the past 48 hours, according to CoinGlass data, and Bitcoin’s rejection at $79,500 has raised alarm. Read more

Bitcoin accumulation by whales and institutional investors is reducing the available supply of BTC and potentially setting the stage for a rally above $80,000. Bitcoin (BTC) whales holding between 1,000-10,000 BTC have increased their BTC exposure over the past five months, with the total balance reaching 3.09 million, a level last seen on November 11, 2025. Short-term data suggest that Bitcoin traders may move toward existing liquidity at $73,700, but futures market activity and the longer-term market structure hint at higher levels above $80,000.  Bitcoin wallets holding between 1,000 and 10,000 BTC have been steadily accumulating since December, adding approximately 240,000 BTC to their balances. Read more

Bitcoin bulls struggled to maintain gains as the bull market support band became a key reclaim level to flip the BTC price trend. Bitcoin (BTC) fell more than 2% on Monday as US-Iran war nerves again guided macro markets. Key points: Data from TradingView showed BTC/USD hitting local lows of $76,567 on Bitstamp, giving back earlier gains. Read more

Strive Inc. purchased 789 more Bitcoin while its subsidiary prepares to educate business leaders on corporate crypto adoption.

As Bitcoin miner IREN shifts toward AI cloud infrastructure, leveraging a Microsoft deal and GPU expansion, analysts expect mining revenue to decline over time. IREN could become the next major Bitcoin miner to transition into AI infrastructure following its multi-billion-dollar deal with Microsoft, underscoring a broader shift in mining economics, according to a new research report from Bernstein. The Bernstein analysts point to IREN’s rapidly expanding AI cloud division, where around 150,000 GPUs are already contracted, supporting an estimated $3.7 billion in annual revenue run rate once fully functional. A significant portion of this capacity is tied to a long-term agreement with Microsoft, which has committed to using GPU capacity for AI workloads over five years. The deal also includes substantial customer prepayments, helping fund the infrastructure buildout. Read more

Cardano's governance system is facing two deadlines that belong in the same conversation. JPG Store, a prominent Cardano NFT marketplace whose product page calls it the #1 Cardano NFT marketplace, began a ‘Restriction Mode' on April 23 and scheduled its ‘Complete Shutdown for May 23′. The shutdown gives users immediate work to do. The shutdown […] The post Should Cardano invest more into Bitcoin while top Cardano marketplaces like JPG Store shut down? appeared first on CryptoSlate.

Michael Saylor’s Strategy bought 3,273 Bitcoin for $255 million between April 20 and 26, bringing total holdings to 818,334 BTC. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added more Bitcoin last week as BTC traded above $77,000. Strategy acquired 3,273 Bitcoin for $255 million between April 20 and 26, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The purchases were made at an average price of $77,906 per coin, raising Strategy’s cost basis to $75,537. Read more

Bitcoin price action sealed its first weekly candle close above a 21-week moving average trend line since it traded near $115,000 in October 2025. Bitcoin (BTC) counts down the final days of April with a fresh attack on $80,000 as price teases key breakouts. Bitcoin sees its first weekly close above a key trend line since October 2025. Liquidity grabs ramp up as traders eye a potential support retest closer to $70,000. Read more

Bitcoin traded below $78,000 on Monday as EU markets opened for the week. BTC price hit $77,819, down 0.28% over 24 hours, with a market capitalization near $1.56 trillion and 24-hour volume of around $32.1 billion. Total crypto liquidations stood near $295 million over the previous 24 hours on CoinGlass. Bitcoin had been pressing the […] The post Bitcoin flash crashes below $78,000 at Europe market open with nearly $295 million in crypto liquidations appeared first on CryptoSlate.

The framework targets fragmented mining systems, offering a unified, open alternative for managing infrastructure across operations. Tether has released an open-source development framework for Bitcoin mining, aimed at giving operators and developers unified control over hardware and software across mining operations. According to Monday’s announcement, the framework combines a backend SDK and user interface tools to replace fragmented, vendor-specific systems, allowing miners to monitor devices, manage operations and build custom applications across sites from a single control layer. It uses a modular architecture in which hardware exposes standardized functions and independent modules can be added without altering the core system, enabling integration across different machines, services and locations. Read more

Crypto ETPs see $1.2 billion inflows in fourth straight week as Bitcoin leads gains and blockchain equity ETFs hit record demand, CoinShares reported. Cryptocurrency investment products continued their run of inflows last week as Bitcoin traded at its highest levels since early February. Crypto exchange-traded products (ETPs) recorded $1.2 billion in inflows last week, marking their fourth week of consecutive gains, CoinShares reported Monday. The inflow streak is the largest so far this year, as the four-week total reached about $3.9 billion, surpassing the previous four-week run of $2.9 billion in March. Read more

Bitcoin is heading into a rare macro window where the first reaction may age fast. The Federal Reserve is scheduled to conclude its April meeting on April 29, with the FOMC decision and press conference landing that afternoon. The next morning, the US Bureau of Economic Analysis is scheduled to release the first quarter GDP and […] The post This week Bitcoin will face major volatility across a key 48 hour period: Fed first, GDP and PCE right after appeared first on CryptoSlate.

Paul Sztorc proposes a 2026 hard fork of Bitcoin called eCash, giving BTC holders equivalent tokens and adding Drivechains.

Bitcoin was “rejected” from the $80,000 price level, which is its next resistance zone on the way to reclaiming the $100,000 psychological price level. The price of Bitcoin (BTC) could bottom out at the $57,000 level in October 2026, despite rallying by more than 29% since the low of about $60,000 in February, according to Bitcoin investor and author Michael Terpin. Terpin told Cointelegraph that his forecast is based on the “historical average” drawdown of about one year from a market cycle top, which was reached in October 2025 when BTC surged to an all-time high above $126,000, to the cycle bottom. Bitcoin’s price needs to reclaim the $100,000 level for the bull market to resume, which will likely occur when the price falls below the 200-week moving average, a dynamic and critical support level, he said. Terpin added:  Read more

A Hong Kong-listed company wants to attract more than 10,000 BTC into a regulated asset management strategy, a target worth roughly $760 million at current prices. While the number itself is jaw-dropping, it's the strategy's structure that reveals the true scope of this plan. Hong Kong is trying to become a place where large pools […] The post Hong Kong eyes 10,000 BTC investment for Asia’s first regulated Bitcoin capital pool appeared first on CryptoSlate.

Just as investors were trying to steady the 2026 rate outlook, the oil market handed the Federal Reserve a fresh inflation problem. The Fed meets on April 28 and 29. On April 30, the US Bureau of Economic Analysis (BEA) is scheduled to publish the advance estimate for first quarter GDP alongside March personal income […] The post The global oil shock has the Fed cornered just days before its next meeting — what that means for Bitcoin appeared first on CryptoSlate.

Bitcoin market participants favored a short-term return to $73,000 as resistance stayed in place, with some analysis seeing even lower levels. Bitcoin (BTC) risked a return to $73,000 as the weekend began after bulls failed to reclaim a key trend line. Key points: Bitcoin price analysis increasingly sees $73,000 getting retested in the short term. Read more

On Apr. 24, Project Eleven awarded its Q-Day Prize to Giancarlo Lelli, a researcher who used publicly accessible quantum hardware to derive a 15-bit elliptic curve private key from its public key. This is the largest public demonstration to date of the attack class that could one day threaten Bitcoin, Ethereum, and every other system […] The post Latest “quantum computer breaks the math behind Bitcoin” headlines massively exaggerate risk appeared first on CryptoSlate.

A Hyperliquid whale holds large short positions against Bitcoin and several altcoins. Does the position provide any signal on the markets’ future outcomes? Key takeaways: A whale linked to asset manager Fasanara Capital holds a $38 million crypto short position, but will it impact Bitcoin’s price? Negative futures funding rates at Binance and Bybit point to unusual demand for bearish positioning despite BTC’s recent price gains. Read more

The hard fork will introduce a new, competing layer-1 blockchain and seven layer-2 scaling networks, according to Sztorc's announcement. Bitcoin developer Paul Sztorc announced on Friday that a new hard fork of the Bitcoin network called eCash will be deployed in August. Bitcoin holders will be able to exchange their BTC for eCash at a 1:1 ratio once the hard fork is live, Sztorc said in an X post. He added that the layer-1 node software for the chain will be a “near-copy” of the BTC Core client software and will use the SHA-256 hashing algorithm used by the Bitcoin blockchain, with a reduced initial mining difficulty to make it easier for participants to mine blocks. Source: Paul Sztorc Read more