Strategy added $43 million in Bitcoin last week after Michael Saylor drew mixed investor reactions for signaling potential BTC sales to fund dividend payments. Strategy bought 535 Bitcoin for $43 million last week, resuming its accumulation strategy days after its chairman, Michael Saylor, said the company may sell some of its holdings to fund dividend payments. The world’s largest corporate Bitcoin holder acquired the Bitcoin (BTC) between May 4 and May 10 at an average price of $80,340 per BTC, according to a Monday filing with the US Securities and Exchange Commission. The purchase lifted Strategy’s total holdings to 818,869 BTC, acquired for about $61.86 billion at an average price of $75,540 per coin, including fees and expenses. Read more
Bitcoin faced a choice between consolidation and new local highs as $80,000 support held despite flash BTC price volatility and liquidity grabs. Bitcoin (BTC) starts a new week in fighting form as $80,000 support survives a volatile weekly close. Key points: Read more
Capital B raised $17.8 million from investors, including Adam Back and TOBAM, saying proceeds could help add 182 BTC to its treasury. France-listed Bitcoin treasury company Capital B raised 15.2 million euros ($17.8 million) from strategic investors including Blockstream CEO Adam Back and Paris-based asset manager TOBAM as it seeks to expand its BTC treasury. The new capital was raised through a private placement of shares, with four share subscription warrants attached to each share at a fixed price of $0.78, the company said Monday. The company said the proceeds, together with ongoing operations, could allow it to acquire another 182 Bitcoin, potentially lifting its total holdings to 3,125 BTC. Read more
10x Research CEO Markus Thielen said Bitcoin’s strength above $80,000 could be supported by two favorable decisions in the US Senate this week. Bitcoin briefly dipped before surging over $82,000 on Sunday as US President Donald Trump rejected Iran’s counteroffer to a peace deal, which could prolong tension in the Middle East. “I don’t like it — TOTALLY UNACCEPTABLE," Trump said in a post to Truth Social on Sunday after reading Iran’s proposal to end the war. Iran has previously requested that the US pay for war reparations and unfreeze blocked Iranian financial assets. Bitcoin (BTC) fell from $81,430 to $80,520 within 45 minutes of Trump’s post before whipsawing nearly 2.3% to $82,347 less than three hours later, according to CoinGecko data. Bitcoin’s rise also resulted in nearly $64 million worth of short positions being wiped out over the last four hours, according to CoinGlass data. Read more
Strategy's average cost per Bitcoin is about $75,537, and its BTC investment is up about 7.6% at the time of this writing, according to data from the company. Michael Saylor, co-founder of Strategy, signaled that the Bitcoin treasury company will resume its BTC purchases this week, following an earnings call on Tuesday, during which he said the company may periodically sell portions of its treasury. “Back to work, BTC,” Saylor said in an X post on Sunday, messaging that has previously preceded a BTC purchase, which typically the day after his posts. The company last purchased BTC on April 27, buying 3,273 coins for about $255 million, which brought its total holdings to 818,334 BTC. Those holdings were worth about $61.8 billion, according to Strategy's website at the time of publication. Read more
Ethereum’s ongoing downtrend against Bitcoin mirrors the bearish structure seen in 2024–2025, raising the risk of another 40% decline. Ethereum’s native token, Ether (ETH), has fallen more than 35% against Bitcoin (BTC) over the past year, and the downtrend may still have further to go. Key takeaways: ETH/BTC remains stuck below a multi-year descending trend line that has capped every breakout attempt since 2022, including one that preceded the nearly 70% decline between 2024 and 2025. Read more
Bitcoin avoided a weekend drop as $80,000 stayed in place, but traders saw BTC price action dipping below before continuing higher. Bitcoin (BTC) eyed $81,000 into Sunday’s weekly close as traders saw a fresh support retest next. Key points: Read more
BTC’s rising wedge points to a possible drop toward $70,000 as Strategy pauses buying and inflation cools Fed rate-cut hopes. Bitcoin (BTC) may head into next week’s US inflation report with less support than it had during the last two CPI releases, raising the risk of a pullback toward $70,000. Key takeaways: The Cleveland Fed’s latest inflation nowcast estimates April CPI at 3.56% year over year, up from 3.3% in March. Read more
Individual miners in Bitcoin mining pools must rely on block templates provided by the mining pool operator. Seven major Bitcoin mining pools have joined the Stratum V2 working group to develop an industry-wide open standard protocol used by mining pool operators to communicate with individual miners in their pools. AntPool, Block Inc, F2Pool, Foundry, MARA Foundation, SpiderPool, and DMND all joined the working group to collaborate on the mining pool communication standard, which could reduce the time it takes pools to successfully mine blocks, according to an announcement from Stratum V2. “Bitcoin mining is competitive and fragmented by design. It is a race for efficiency where a millisecond can determine whether a miner wins a block or loses to a competitor,” the announcement said. Read more
Strike CEO Jack Mallers argued that if Wall Street “kills” Bitcoin, then the asset was never going to succeed in the first place. Bitcoin payments application Strike CEO Jack Mallers said that Wall Street’s growing involvement in Bitcoin poses no threat or conflict to the asset itself. “My one-word answer to that is no,” Mallers told Danny Knowles on the What Bitcoin Did podcast published to YouTube on Thursday, in response to whether institutional involvement threatens Bitcoin’s core principles. “If Wall Street getting into Bitcoin kills it, it was never going to be successful in the first place,” Mallers said. Read more
Rising Bitcoin ETF outflows and liquidations signal short-term caution, but a weak DXY and the eventual appointment of a new Fed chair could resume the rally. Key takeaways: Bitcoin (BTC) stagnated near $80,000 on Friday following a rejection at $82,500. Traders grew anxious after US-listed spot Bitcoin exchange-traded funds (ETFs) posted $268 million in net outflows on Thursday. Meanwhile, $270 million in leveraged bullish Bitcoin futures positions were liquidated within 24 hours, forcing investors to evaluate whether a sustained bear market is finally taking hold. Read more
Despite the short-term price recovery, Bitcoin remains in a bear market, according to CryptoQuant analyst Julio Moreno. Bitcoin profit-taking could accelerate as BTC prices climb to three-month highs and investors begin locking in gains, according to Julio Moreno, head of research at onchain analytics platform CryptoQuant. Holders realized 14,600 BTC in profits on Monday, or $1.1 billion, following Bitcoin's April rally, Moreno said, adding that this is the “highest” single day of profit-taking since Dec. 10, when BTC was trading above $90,000. Bitcoin holders' realized profits spike after the April rally. Source: CryptoQuant Read more
Institutional capital is returning to crypto as Bitcoin ETFs surge, prediction markets mature and banks accelerate tokenized finance adoption. Institutional capital is flowing back into digital assets, but this cycle looks very different from the last one. Prediction markets are beginning to attract serious attention from Wall Street, Bitcoin exchange-traded funds (ETFs) are once again seeing large inflows and venture giant a16z is loading up another multibillion-dollar crypto war chest. Meanwhile, traditional banks are quietly accelerating their push into tokenized finance infrastructure. Taken together, this week’s Crypto Biz points to a broader shift underway across the industry. Crypto companies are no longer just chasing retail traders — they’re increasingly building products for asset managers, banks, hedge funds and institutional investors looking for regulated ways to access digital assets. Read more
Bitcoin traders called a "healthy bullish backtest" as BTC price action kept them guessing over whether $80,000 could be reclaimed. Bitcoin (BTC) struggled with an $80,000 reclaim at Friday’s Wall Street open as strong US jobs data added to headwinds. Key points: Data from TradingView showed ongoing BTC price volatility as buyers and sellers sparked gyrations around the key $80,000 mark. Read more