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  • Bitcoin price will reach $130K or even $1.5M, top bulls say
    Cointelegraph.com - 13:37 May 28, 2025
    From institutional inflows to the rising stablecoin economy, the top Bitcoin bulls of 2025 are calling for prices as high as $1.5 million. Do they know something we don’t? Top Bitcoin (BTC) bulls in 2025 have updated their price forecasts, and they range from a relatively cautious $130,000 to seven-figure moonshots. Familiar doubters like gold bug Peter Schiff and economist Nouriel Roubini continue to predict a catastrophic ending for the world’s largest cryptocurrency. Meanwhile, Bitcoin spent the year with record-breaking rallies behind renewed institutional uptake. It set a new all-time high of $111,970 on May 22 and has been trading near that level since, teasing investors with the possibility of a new ceiling. Read more
    Tags: Bitcoin
  • GameStop propelled into top 15 Bitcoin holders, with 4,710 BTC purchase
    CryptoSlate - 12:56 May 28, 2025
    GameStop has taken a bold step into the crypto space, confirming that it has purchased 4,710 Bitcoin, according to a May 28 statement. According to Bitcoin Treasuries data, this move places GameStop among the top 13 public companies holding Bitcoin, surpassing other entrants like Semler Scientific. Google Finance data shows the company’s stock climbed roughly […] The post GameStop propelled into top 15 Bitcoin holders, with 4,710 BTC purchase appeared first on CryptoSlate.
  • GameStop officially confirms first Bitcoin purchase of 4,710 BTC
    Cointelegraph.com - 11:27 May 28, 2025
    GameStop’s 4,710 Bitcoin purchase is the company’s first since it disclosed plans in March to move into alternative investments. GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin, according to a statement posted May 28 on the company’s X account. The company did not specify how much it paid for the Bitcoin (BTC) or when the purchases were made in the announcement, while its Form 8-K filing with the US Securities and Exchange Commission also offers little detail. The amount purchased was worth around $513 million at the time of writing. The announced acquisition is GameStop's first publicly acknowledged Bitcoin purchase since the company disclosed plans to move into Bitcoin investment in March. Read more
  • Why is Bitcoin price stuck?
    Cointelegraph.com - 10:46 May 28, 2025
    Bitcoin price remains stuck below $110K since May 23 and data suggest the pattern could continue for a few more days amid macroeconomic uncertainty. Key points: Bitcoin price is stuck in a range, with overhead resistance at $110,000 continuing to obstruct a rally to new all-time highs. Traders are in a wait-and-see mood due to uncertainty surrounding macroeconomic events. Read more
    Tags: Bitcoin
  • Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency
    CryptoSlate - 22:47 May 27, 2025
    Fast food chain Steak ‘n Shake has expanded its payment options to include Bitcoin (BTC) at all of its locations globally, where regulations permit. The rollout, which began on May 16, utilizes the Lightning Network to enable faster and lower-cost transactions. The company’s COO, Dan Edwards, revealed the development on May 27 at the Bitcoin […] The post Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency appeared first on CryptoSlate.
  • Robinhood CEO Predicts AI-Driven Companies, Likens Them to Bitcoin and Satoshi
    Decrypt - 22:41 May 27, 2025
    Robinhood CEO Vlad Tenev said at Bitcoin 2025 that AI could lead to "single-person companies"—just like how Satoshi Nakamoto created BTC.
    Tags: Bitcoin
  • Bo Hines declares the US won’t sell Bitcoin, seek endless accumulation for strategic reserve
    CryptoSlate - 22:15 May 27, 2025
    Bo Hines told the 2025 Bitcoin Conference in Las Vegas on May 27 that the federal government will hold every Bitcoin (BTC) already in custody and pursue additional budget-neutral ways to increase its Strategic Bitcoin Reserve. Hines, who serves as the executive director of the President’s Council of Advisers for Digital Assets, described Bitcoin as […] The post Bo Hines declares the US won’t sell Bitcoin, seek endless accumulation for strategic reserve appeared first on CryptoSlate.
  • VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a budget-neutral way
    CryptoSlate - 21:15 May 27, 2025
    VanEck head of digital assets research Matthew Sigel called on US lawmakers to attach a royalty to domestic Bitcoin (BTC) mining so the federal government can accumulate BTC for its strategic reserve.  Speaking during a policy panel at the 2025 Bitcoin Conference in Las Vegas on May 27, Sigel said the reserve can grow through […] The post VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a budget-neutral way appeared first on CryptoSlate.
  • Senator Lummis says US military generals support strategic Bitcoin reserve
    CryptoSlate - 20:00 May 27, 2025
    Senator Cynthia Lummis told the 2025 Bitcoin Conference in Las Vegas on May 27 that several US military generals endorse building a Bitcoin (BTC) reserve to bolster the nation’s economic deterrence. Lummis said she discussed digital reserves with unnamed senior officers who “understand that economic power is as important as military power in addressing aggressors […] The post Senator Lummis says US military generals support strategic Bitcoin reserve appeared first on CryptoSlate.
  • Bitcoin price held up by corporate adoption and ‘inflation hedge’ narratives
    Cointelegraph.com - 19:20 May 27, 2025
    Bitcoin gains traction as corporate BTC adoption soars and investors hold a critical view of systemic financial risks in the US. Key takeaways: Institutional investor demand and corporate adoption may push Bitcoin higher despite recession fears. Investors’ belief that the US Federal Reserve will hold rates favors Bitcoin price upside. Read more
    Tags: Bitcoin
  • Billionaire Bryan Johnson pledges to witness the final Bitcoin halving in 2140
    CryptoSlate - 19:15 May 27, 2025
    Tech entrepreneur and longevity enthusiast Bryan Johnson announced he will speak at Bitcoin 2025 in Las Vegas, aligning his vision of radical life extension with Bitcoin’s (BTC) long-term roadmap. In a social media post on May 26, Johnson referenced the final Bitcoin halving over 100 years away from now, pledging to be alive for the […] The post Billionaire Bryan Johnson pledges to witness the final Bitcoin halving in 2140 appeared first on CryptoSlate.
  • Trump Media Group reverses stance, confirms $2.5B Bitcoin capital raise
    Cointelegraph.com - 18:42 May 27, 2025
    Trump Media spokespeople denied news of the deal a day earlier, before confirming the capital raise in a May 27 announcement. Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, confirmed a $2.5 billion capital raise to purchase Bitcoin (BTC) after denying earlier reports of the deal. According to a May 27 announcement from the company, the capital raise comprises a $1.5 billion stock sale and $1 billion in convertible senior secured bonds, with a 0% coupon. The sale is expected to close on May 29. TMTG CEO Devin Nunes said: TMTG spokespeople responded to the initial report from the Financial Times, published a day before the announcement, with derision. Read more
    Tags: Bitcoin
  • Ramaswami's Strive raises $750M for 'alpha-generating' Bitcoin buy strategy
    Cointelegraph.com - 18:24 May 27, 2025
    If the associated warrants are exercised, Strive could raise an additional $750 million and bring its total Bitcoin purchasing power to $1.5 billion. Strive, an asset manager founded by American entrepreneur and politician Vivek Ramaswamy, has announced a $750 million raise to establish “alpha-generating” strategies through Bitcoin-related purchases. According to a May 27 announcement, the strategies will include buying undervalued biotech companies, purchasing “distressed Bitcoin claims” like those associated with crypto hacks and bankruptcies, and acquiring bottom tranches of Bitcoin credit vehicles at discounted prices. “ [...] our alpha-generating Bitcoin accumulation strategies are designed to drive sustained outperformance relative to Bitcoin itself, which requires a new valuation framework,” Strive CEO Matt Cole said. Read more
  • Bitcoin profit taking lingers, but rally to $115K will liquidate $7B shorts
    Cointelegraph.com - 17:38 May 27, 2025
    Improving US macroeconomic data gave Bitcoin price a boost, but onchain data points to prolonged profit taking among BTC investors. Key takeaways: Bitcoin could turn parabolic if prices move above $115,000 to liquidate more than $7 billion in short positions. Onchain indicators enter overheated territory, suggesting prolonged profit taking from BTC investors. Read more
    Tags: Bitcoin
  • Trump Media aims for top 10 corporate Bitcoin holder spot with $2.5B investment plan
    CryptoSlate - 17:04 May 27, 2025
    Trump Media & Technology Group (TMTG), a company backed by US President Donald Trump, has announced plans to raise $2.5 billion through a mix of stock and convertible note offerings to purchase Bitcoin, according to a May 27 statement. This planned purchase would help the firm reach the top 10 corporate Bitcoin holders globally. Strategy (formerly […] The post Trump Media aims for top 10 corporate Bitcoin holder spot with $2.5B investment plan appeared first on CryptoSlate.
  • 93% of all Bitcoin is already mined. Here’s what that means
    Cointelegraph.com - 15:40 May 27, 2025
    With 93% of all Bitcoin already mined, the race for the remaining coins is intensifying. Here’s how it impacts scarcity, mining rewards and the future of the network. Bitcoin’s total supply is hardcoded at 21 million BTC, a fixed upper limit that cannot be altered without a consensus-breaking change to the protocol. This finite cap is enforced at the protocol level and is central to Bitcoin’s value proposition as a deflationary asset. As of May 2025, approximately 19.6 million Bitcoin (BTC) have been mined, or about 93.3% of the total supply. That leaves roughly 1.4 million BTC yet to be created, and those remaining coins will be mined very slowly. Read more
  • Bitcoin 2024 conference sparked 30% price crash — Can bulls escape this year?
    Cointelegraph.com - 14:24 May 27, 2025
    Bitcoin analysis warns of copycat BTC price downside as the Bitcoin 2025 conference gets underway — and the downside targets are all too familiar. Key points: Bitcoin rebounds from another support retest, but fears over a Nashville conference-induced comedown are growing. The biggest Bitcoin gathering tends to accompany BTC price weakness. Read more
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  • MARA’s Bitcoin mining revenue hits record $752M as BTC price soars
    Cointelegraph.com - 12:33 May 27, 2025
    The world’s biggest Bitcoin miner achieved record annualized revenue as its Bitcoin holdings surpassed $5 billion. MARA Holdings, formerly Marathon Digital Holdings, reached a new all-time high in Bitcoin mining revenue, fueled by its recent surge to a record price. The company’s annualized mining revenue exceeded $752 million on May 27, according to data from CryptoQuant, making it the most profitable day in the company’s history. Marathon is currently the world’s largest publicly traded Bitcoin (BTC) mining firm by market capitalization. “Quarterly reports are slow. Onchain shows revenue in real time,” CryptoQuant founder and CEO Ki Young Ju wrote in a May 27 X post, confirming the milestone.  Read more
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  • Bitcoin shows signs of 'easing momentum' but traders still expect $150K
    Cointelegraph.com - 10:58 May 27, 2025
    Data suggests that Bitcoin’s buyers are exhausted following the rally to $111K, but traders still say BTC has the strength to race toward $150K. Key takeaways: Bitcoin’s RSI has dropped 15% and is now below the overbought threshold. Bitcoin futures flip bearish with a 43% decline in perpetual CVD. Read more
    Tags: Bitcoin
  • Bitlayer secures 31.5% of Bitcoin's hashrate to bring smart contracts to BTC
    Cointelegraph.com - 01:15 May 27, 2025
    BitVM smart contract system is now supported by Bitcoin mining pools controlling 31.5% of the network’s hashrate. Bitlayer’s Bitcoin smart-contract system is being implemented by mining pools behind 31.5% of the network’s hashrate, a development that will help ensure that its system will operate on the Bitcoin blockchain, the company said. According to a May 27 announcement shared with Cointelegraph, Bitlayer’s BitVM implementation will be supported by major Bitcoin (BTC) mining pools including Antpool, F2Pool, and SpiderPool. Antpool CEO Andy Chow said: BitVM (Bitcoin Virtual Machine) is a framework that enables complex smart contracts to be deployed on the Bitcoin blockchain without changing the base protocol. The idea was introduced by Robin Linux in 2023, and allows for the complex computation involved in smart contract systems to be verified onchain and executed offchain in a way resembling optimistic rollups. Read more