Bitcoin rebounded above $109,000, eyeing new all-time highs in reaction to President Donald Trump’s decision to extend EU tariffs to July 9. Key points: US President Donald Trump has extended the deadline of a proposed 50% tariff on EU goods to July 9. A temporary easing in trade tensions could help fuel Bitcoin’s rally to new all-time highs. Read more
Bitcoin could surpass $1.5 million by 2030 as macro fears, fiat inflation and institutional demand drive bullish long-term forecasts. Some prominent financial commentators and investment analysts are predicting a long-term Bitcoin rally that may send the asset’s price above $1 million before the end of the decade, driven by rising inflation and mounting global debt. ARK Invest CEO Cathie Wood said Bitcoin (BTC) could reach $1.5 million by 2030 in her firm’s “Bull Case” forecast. In a Feb. 11 video, Wood said the price would require BTC to grow at a compound annual rate of 58% over the next five years, largely fueled by increased institutional adoption. Related: Bitcoin hits new all-time high of $109K as trade war tensions ease Read more
Bitcoin is back at $110,000 after a late surge into the weekly close. How will bulls navigate a brewing US bond crisis and the Fed's "preferred" inflation data? Bitcoin (BTC) bounces back to near fresh all-time highs as a testing macro week unfolds for risk-asset traders. BTC price action dipped below $107,000 before rebounding into the weekly close, as some eagerly anticipate new record highs. US inflation data meets bond market woes this week as the Federal Reserve shows no signs of cutting interest rates. Read more
Bitcoin cypherpunk Adam Back has backed a $2.2 million funding round for H100 AB Group to help the Swedish health tech firm buy Bitcoin. Blockstream CEO Adam Back has led a 21 million Swedish krona ($2.2 million) funding round in the Swedish health tech company H100 Group AB, which last week said it would start buying Bitcoin. H100 said on May 25 that the funds, secured through 0% interest convertible loans, will be used to purchase Bitcoin (BTC) in line with its Bitcoin-buying pivot announced on May 22. Back, a longtime Bitcoin cypherpunk, contributed around $1.4 million, while the remaining $800,000 came from investment firms Morten Klein, Alundo Invest AS, Race Venture Scandinavia AB and Crafoord Capital Partners. Read more
As global debt markets flash warning signs, Bitcoin rallies, defying investors’ expectations and reshaping BTC’s role in the financial system. Key takeaways: Rising bond yields reflect growing concern about fiscal stability and inflation, leading some investors to question US Treasury’s traditional role as a safe-haven asset. Bitcoin defies conventional risk models, rising not despite worsening macro conditions, but possibly because of them. Read more
Bitcoin’s price rally takes a breather over the weekend, but a bullish weekly close could translate to gains from HYPE, XMR, AAVE and WLD. Key points: Bitcoin price is stuck below $109,588, but the pullback has not altered its bullish chart structure. A bullish weekly open from Bitcoin could extend gains in HYPE, XMR, AAVE, and WLD. Read more
According to SaylorTracker, Strategy is up over 54% on its Bitcoin investment, representing over $21.8 billion in unrealized capital gains. Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company amid the recent dip from the all-time high of $112,000 reached on May 22. "I only buy Bitcoin with money I can't afford to lose," Saylor wrote to his 4.3 million followers in an X post. The company's most recent purchase of 7,390 BTC on May 19, valued at nearly $765 million, brought Strategy's total holdings to 576,230 BTC. Read more
Pakistan has allocated 2,000 megawatts of surplus electricity for Bitcoin mining and AI infrastructure, aiming to attract foreign investment. Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers. The move is part of a broader digital transformation plan spearheaded by the Pakistan Crypto Council and backed by the Ministry of Finance, according to a May 25 report by local news outlet 24NewsHD TV Channel. In the first phase, the government plans to channel excess power into AI infrastructure and crypto mining operations. Finance Minister Muhammad Aurangzeb said the decision is expected to attract billions in foreign investment while generating high-tech employment across the country. Read more
Bitcoin is geared for further price downside as traders expect support retests and James Wynn opens a new short BTC position. Key points: Bitcoin is heading further away from its latest all-time highs as US trade tariffs dictate the mood. Traders are unfazed, arguing that BTC price action can retest even lower levels while maintaining its bull run. Read more
Australian Senator Gerard Rennick criticized Bitcoin, saying "you can't eat Bitcoin." A Bitcoiner replied, asking if he feels the same about the internet. Australian Senator Gerard Rennick has drawn criticism from the Bitcoin community following his remarks referring to Bitcoin as a Ponzi scheme and questioning the asset’s value because it can’t be eaten. “You can’t eat Bitcoin,” Rennick said in a May 23 X post, responding to an X user who questioned his stance after Bitcoin hit a new all-time high of $111,970 on May 22. “Bitcoin will ultimately go to $1 million dollars. Why because it’s a Ponzi scheme whereby BlackRock will pump more and more dollars into a supply constrained product,” Rennick said. Read more
Bitcoin traders are eyeing a gradual pullback after all-time highs, CZ refutes WSJ claim of ties to World Liberty Financial: Hodler’s Digest Binance co-founder and former CEO Changpeng CZ Zhao has pushed back against a report in The Wall Street Journal, calling it a hit piece filled with inaccuracies and negative assumptions. In an X post, Zhao criticized the publications portrayal of his alleged involvement with World Liberty Financial, the decentralized finance project backed by a business entity affiliated with US President Donald Trump. Trumps sons Eric and Donald Jr. are involved in the management of the company. Zhao said the WSJ article portrayed him as acting as a fixer for the World Liberty Financial team and its co-founder Zach Witkoff during foreign trips. Read more
Bitcoin is on track for over $400 billion in investment inflows by 2026, as ETFs, governments, and corporations could increasingly adopt BTC as an investment asset. Key takeaways: Spot Bitcoin ETFs have already surpassed gold ETFs in early growth, with projections of $100 billion in annual inflows by 2027. Publicly listed companies and nation-states currently hold nearly 1.7 million BTC, pointing to long-term confidence. Read more
A Bitcoin executive claims the exodus from fiat assets has "already begun," and Bitcoiners still underestimate how much Bitcoin treasury companies will ultimately hold. Moon Inc. head of Bitcoin strategy Jesse Myers says that Bitcoin holders are underestimating the significant amount of Bitcoin that corporations will accumulate by 2045. “Bitcoin Treasury Companies will hold 50% of all BTC, way more than most Bitcoiners are prepared for,” Jesse Myers said in a May 23 X thread. Myers further forecasted that Michael Saylor’s Strategy will own $70 trillion worth of Bitcoin (BTC) by 2045, “making it by far the most valuable company in the history of the world.” At the time of publication, Strategy holds 576,320 Bitcoin, worth approximately $62.24 billion, according to Saylor Tracker. Read more
Governor Greg Abbott posted to his official X account on May 22, roughly a day after the legislature passed a bill to create a strategic Bitcoin reserve in Texas. Texas Governor Greg Abbott has signaled support for a bill recently passed by the state House of Representatives that would establish a strategic cryptocurrency reserve. In a May 22 X post, Abbott posted a Techstory article about Texas state lawmakers’ efforts to create a Bitcoin (BTC) reserve. The story pointed out that the decision for the passage of SB 21, the bill in question, now rests on Abbott’s shoulders, roughly three months after it was introduced. Since taking office, Abbott referred to himself as a “crypto law proposal supporter” in 2021 and suggested that he would support policies to establish Texas as a “crypto capital” in 2024. Texas was one of a handful of state-level governments that proposed setting up a strategic crypto reserve after the 2024 federal elections. Read more
Bitcoin price consolidation is expected after short-term traders realized $11.6 billion in profit, and Trump’s new tariff announcement spooks the market. Key takeaways: Short-term Bitcoin holders realized $11.6 billion in profit over the past 30 days, suggesting a potential pause or local top in the market. Technical indicators show cooling momentum as retail investor sentiment falls to a 90-day low and liquidity data points to price volatility. Read more