Bitcoin

El Salvador is quietly defying the IMF, accelerating daily bitcoin buys and reinforcing its bold crypto strategy on the global stage. El Salvador Keeps Buying Bitcoin Daily Despite IMF Loan Conditions El Salvador’s commitment to bitcoin remains steadfast despite pledges made to the International Monetary Fund (IMF) to curb crypto purchases. Speaking during an interview […]

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Bitcoin ETF inflows rebound to $3.02B, but price stalls below $95K amid market hesitation Whales show bearish divergence; rising shorts suggest BTC may face cooling before chaThe post Whales & ETFs fuel Bitcoin surge: $3.02B inflows spark $106K price breakout hopes appeared first on AMBCrypto.

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Bitcoin has been consolidating in a tight range between $92,000 and $96,000 since last week, frustrating both bulls and bears as volatility compresses. This narrow trading band is unlikely to last much longer—once Bitcoin breaks out of this range, analysts expect a sharp and aggressive move in either direction. For bulls, a confirmed surge above […]

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An elderly US individual is reportedly the victim of a devastating $330 million Bitcoin heist, now ranked as the fifth-largest crypto hack in history.The attacker used advanced social engineering tactics to gain access to the victim’s wallet, onchain investigator ZachXBT said in an April 30 update on X.The hack took place on April 28, 2025, when ZachXBT flagged a suspicious transfer involving 3,520 Bitcoin (BTC), valued at $330.7 million.Following the transfer, the stolen stash was quickly laundered through over six instant exchanges and swapped into privacy-focused cryptocurrency Monero (XMR).Onchain data shows that the victim had held over 3,000 BTC since 2017, with no prior history of large-scale transactions.ZachXBT confirming the victim of the hack. Source: ZachXBTOnce stolen, the attacker wasted no time laundering the Bitcoin using a peel chain method — a common obfuscation technique in which large sums are broken into smaller, harder-to-trace chunks.“$330M in BTC was received in two transactions, then immediately distributed via peel chains,” Yehor Rudytsia, onchain researcher at Hacken, explained to Cointelegraph.“Funds started to flow into multiple instant exchanges / mixers with small amounts, then mixers were distributing funds across multiple new wallets. The biggest funnelling chain is now consists of 40+ wallets.”Related: Loopscale recovers $2.8M after weekend DeFi hack and bounty talksOver 300 wallets and 20 exchanges were involvedHacken’s internal tool, Extractor, tracked $284 million worth of BTC funneled through these chains, which now amounts to around $60 million after repeated “peeling” and redistribution across low-credibility exchanges.Rudytsia said over 300 hacker wallets and 20+ exchanges or payment services were involved, including Binance.Cointelegraph has reached out to Binance for comment.“Major problem in cases like this (similar to Genesis creditor’s 4064 BTC theft back in Aug 2024) is that freezing centralized exchange accounts used in the laundering process is hardened due to particularly slow legal process of police reporting and investigations,” Rudytsia added.Adding to the complexity, the attacker rapidly converted a significant portion of the BTC into XMR. The move triggered a 50% surge in Monero’s price, with the token briefly reaching $339.“Once funds are swapped into Monero, tracing becomes virtually impossible due to its privacy-preserving architecture. The chance of recovery drops significantly after this step,” Cyvers Alerts senior security operations lead Hakan Unal said.Unal said that the attacker likely had pre-established accounts across multiple exchanges and OTC desks, suggesting a high degree of premeditation.A small portion of the stolen BTC was also bridged to Ethereum and deposited into various platforms, further complicating tracking efforts. Investigators have since alerted exchanges for potential freezing of funds.Related: North Korean hackers set up 3 shell companies to scam crypto devsNo familiar laundering tacticsZachXBT had previously dismissed the theory that North Korea’s Lazarus Group could have been behind the attack, suggesting independent hackers were responsible.ZachXBT dismissing North Korea theory. Source: ZachXBTWhile attribution remains uncertain, experts agree the laundering tactics show rare automation and coordination for a heist of this magnitude.“So far, we haven’t been able to confidently link this activity to any known hacker group, as the laundering methods used — while sophisticated — don’t clearly match the signature patterns of previously identified actors,” Unal noted.He recommended using multisignature (multisig) wallets to eliminate single points of failure, minimizing exposure to hot wallets connected to the internet, regularly rotating private keys, and relying on hardware-based cold storage to safeguard large Bitcoin holdings.In the first quarter of 2025, hackers stole more than $1.6 billion worth of crypto from exchanges and onchain smart contracts, blockchain security firm PeckShield said in an April report. More than 90% of those losses are attributable to a $1.5 billion attack on Bybit, a centralized cryptocurrency exchange, by North Korean hacking outfit Lazarus Group.Magazine: TV hit Peaky Blinders to launch crypto game, FIFA Rivals on Polkadot: Web3 Gamer

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April 2025 witnessed crypto markets rocked by more tariffs at the direction of US President Donald Trump — controversial policies that could have influenced the outcome of Canada’s elections on April 28. On April 2, Trump levied “discounted reciprocal tariffs” on 185 countries and territories. The Dow Jones Industrial Average dropped 2,200 points on April 4, while the S&P 500 dropped nearly 6%, its largest decline since March 2020. Bitcoin (BTC) went along for the ride but broke from stocks as it recovered toward the end of the month. Blockchain adoption metrics for Ethereum are looking good, as the network now boasts 60% real-world asset (RWA) tokenization value. Major firms like BlackRock are sure the blockchain will be the standard for RWAs, but other observers believe that scaling issues could create problems. On matters of policy, pro-crypto legislators in a number of US states are pushing their respective bills; two states have introduced new legislation in April. In Canada, pro-crypto Conservatives lost to the Liberals, but the victors must form a minority government. Here’s April in numbers.“Liberation Day” sees markets plunge, Bitcoin up 16% on the monthOn April 2, the US president levied retaliatory tariffs on all US trade partners, sending Wall Street into a spiral. Between the announcement after market close and the end of trading on April 8, global markets wiped off more than $8.5 trillion in asset value. By the same date, the S&P 500 had fallen by just north of 12%.Market value has since inched back upward as some countries court the Trump administration seeking tariff relief, but major partners such as China still haven’t budged. While markets have recovered slightly, losses still amount to a “mere” $1 trillion, according to investment managers AJ Bell. Crypto saw losses as well. Bitcoin’s price decreased 9% between the Liberation Day announcement and April 8. However, unlike stock markets, which are still seeing losses, Bitcoin has managed to close out the month higher than where it started. At the time of writing, BTC is up 16.16%, trading at $94,729.Canada’s crypto-skeptic Liberals win, but fall 3 seats short of majorityCanadian Prime Minister Mark Carney’s Liberal Party has claimed victory in the country’s federal parliamentary elections, which took place on April 28.Despite their victory, the Liberals secured 169 seats, three short of the 172 needed to form a majority. A minority Liberal government means they must rely on other parties for legislative initiatives.The outcome will be meaningful for Canada’s crypto policy. Carney, himself a former central banker, has been public about his skepticism for cryptocurrencies. When serving as governor of the Bank of England, Carney said “they are failing” as a form of money. He has also called for “equivalent protections to those for commercial bank money” for private stablecoins.Related: What Canada’s new Liberal PM Mark Carney means for cryptoAt the same time, Carney has signaled his openness to digital forms of money and the ledger capabilities of blockchain technology. He voiced support for a central bank digital currency, seeing it as another step in the evolution of money. The Liberals started the year trailing well behind the Conservatives as former Prime Minister Justin Trudeau stepped down. On Trump’s inauguration day, Conservatives led polling at a 44% polling average to the Liberals’ 21%.Conservative rhetoric, including that of the pro-crypto party leader Pierre Poilievre, was decidedly pro-Trump. This connection may have been the Conservatives’ undoing, as quickly after taking office, Trump said that Canada should become America’s 51st state while simultaneously ramping up tariffs on Canadian goods.Ethereum’s market share of RWAs is up 20%The tokenization of real-world assets (RWAs) has been one of the rising use cases for blockchain technology in April. Ethereum is leading the way, with the value of the RWA tokenization on the network increasing to $6.2 billion. This marks a 20% increase over the month of April. RWAs are increasingly adopted by established financial firms launching tokenization pilot projects in real estate, commodities like gold, and even carbon credits. Larry Fink, CEO of the world’s largest fund manager, BlackRock, has noted that tokenized RWAs allow for instant trading and transfers like a “digital deed.”Related: Five reasons RWAs are taking off in 2025As reported in Cointelegraph Magazine, Ethereum advocates and developers have generally assumed that Ethereum will be the logical choice for firms exploring RWAs. Indeed, Fink said there’s “no question that the blockchain we would start our tokenization on would be Ethereum, and that’s not just a BlackRock thing. That’s the natural default answer.”Two new crypto laws introduced at US state levelTwo states, Texas and Georgia, introduced new blockchain- and crypto-related bills in their state legislatures in April.In Texas, HB 5352 would establish a State Blockchain Technology Pilot Program by the Department of Information Resources. The pilot aims to see how blockchain technology could improve “transparency, security, and efficiency in government operations.”In Georgia, HR 905 seeks to “implement a public awareness campaign for grade levels K-12 regarding blockchain, cryptocurrency, and Web3.” The bill states that technological literacy is important for all ages and “blockchain computation represents the future of how the world interacts online and shares information through a permanent record of transactions on an open ledger.”In Arizona, Democratic Governor Katie Hobbs vetoed a bill to expand a state regulatory sandbox program to include digital assets. But she signed and enacted a bill into law that now prohibits towns “from banning or restricting individuals from using computational power or running blockchain nodes in their own homes.” The law’s definition of “computational power” can be broadly interpreted to mean AI, scientific research, blockchain activities and cloud computing. It effectively protects home crypto miners from local and municipal zoning laws and bans.Stablecoin adoption grows $4 billion in AprilStablecoins have seen steady growth in 2025, and April was no exception. The total market capitalization of stablecoins grew $4 billion in April, according to CoinGlass.Growing stablecoin value comes as a number of jurisdictions develop legal frameworks for the assets and soften their regulatory approach. In the US, the House of Representatives bill on stablecoins passed a critical committee vote on April 2. The STABLE Act provides rules around stablecoin issuance and reserves and will proceed to the floor for a vote. Related: Stablecoin adoption grows with new US bills, Japan’s open approachThe Securities and Exchange Commission dropped a case against PayPal’s stablecoin, PayPal USD (PYUSD), on April 29. In a form, the SEC said an inquiry regarding a 2023 subpoena was being closed “without enforcement.”Market volatility provides another incentive for stablecoin growth, according to crypto intelligence platform IntoTheBlock. According to the analytics firm, these assets are increasingly seen as “safe havens in the current uncertain market.”As the Trump administration marks its first 100 days, markets are begging for relief, but none seems forthcoming. Despite claims from the White House, China says that no high-level talks are underway to negotiate the tariffs. Despite this, some observers insist that, for crypto at least, one should keep their eyes on the prize: the regulatory framework making its way through the US federal Congress.Magazine: Your AI ‘digital twin’ can take meetings and comfort your loved ones

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Key points: US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts.Bitcoin dropped to $92,910 as GDP figures were released, but sustained buy-side demand could provide support. Today’s crypto derisking is likely transitory; market fundamentals remain strong.Bitcoin (BTC) price took an abrupt tumble as data showed the US gross domestic product (GDP) retracting by 0.3% in Q1, raising alarms among analysts anticipating a recession. Following the news, BTC price dropped to an intra-day low of $92,910, while the DOW and S&P 500 fell by 1% and 1.3% respectively. While the GDP figures are shocking at face value, CNBC pointed out that the drop was primarily due to “a surge in imports ahead of President Donald Trump’s tariffs.” Imports are subtracted from GDP, suggesting that the pullback is more transitory than endemic. After an initial 1% price drop, Bitcoin rebounded back to the $94,000 range as crypto and traditional markets digest today’s news headlines. Beyond the GDP figures, Bitcoin still has multiple positive factors that translate to a continued bid throughout its current price range. Strong resistance at $95,000 remains, but BTC is holding a pattern of daily higher lows. The overhead resistance at $95,500 to $96,400 is also aligned with 61.8% Fibonacci retracement, which, in the view of technical analysis, tends to be an expected level of resistance. BTC/USD Coinbase. Source: TradingViewBeyond today’s $41.47 million spike in Bitcoin long liquidations, spot volumes have driven the bulk of BTC bullish price action over the past two weeks, which is another positive. BTC/USDT spot and futures cumulative volume delta. Source: TRDR.io Related: Bitcoin macro indicator that predicted 2022 bottom flashes ‘buy signal’Bitcoin buy demand from all angles could provide price supportIn the past two weeks, the Bitcoin market has seen: Spot Bitcoin ETF inflows as of April 29 total $3.02 billion, with BlackRock’s IBIT being a leader among the pack. An April 24 statement from the US Federal Reserve Board of Governors announced that banks can independently and freely move forward with offering crypto-based products and services Investment banking firm Cantor Fitzgerald partnered with SoftBank, Tether and Bitfinex to launch a $3 billion Bitcoin acquisition company called 21 Capital.Another $1.42 billion Bitcoin purchase from Strategy.Coinbase institutional head of strategy John D’Agostino mentioned that sovereign entities made Bitcoin purchases during the sell-off below $75,000. An increasing number of international companies are copying the “MicroStrategy playbook” by dipping their toes into the Bitcoin treasury game. What is clear is that despite the shrinking US GDP triggering a news headline-driven correction, sustained demand on the buy side and strengthening market structure fundamentals are likely to trump today’s brief downside blip in BTC price.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. 

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Asset manager Grayscale launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy.According to the April 30 announcement, the ETF will provide exposure to companies across seven business sectors, including Bitcoin mining firms, automotive companies, and energy.Some of the most notable firms in the ETF include Michael Saylor's Strategy, mining company MARA, automotive manufacturer Tesla, BTC treasury company Metaplanet, and aerospace energy firm KULR Technology Group.Grayscale's Bitcoin Adopters ETF highlights the growing trend of Bitcoin acquisition companies using the scarce digital asset to drive up shareholder prices and to protect their corporate financial reserves against the inflation inherent in fiat currencies.Public companies with Bitcoin holdings. Source: RiverRelated: Cantor plans $3B crypto venture with SoftBank, Bitfinex and Tether: ReportBitcoin treasury companies and the effect on BTC marketsBlockstream CEO Adam Back recently wrote that Bitcoin treasury companies will cause BTC to surge to a $200 billion market capitalization in the coming years.According to the CEO, companies adopting BTC are "front-running" market participants in their early bet that hyperbitcoinization — a reference to a point where BTC becomes the dominant store of value — will happen.Fidelity Digital Assets released metrics suggesting that the supply of BTC on exchanges is dwindling due to heightened buying pressure from companies like Strategy that regularly acquire Bitcoin for their corporate reserves."Public Companies have bought over 30,000 bitcoin per month so far in 2025," Fidelity Digital Assets wrote in an April 24 X post.The miner reserve ratio, a metric tracking the total number of BTC held in miner wallets, continues to decline. Source: CryptoQuantMichael Saylor's Strategy is currently the largest corporate holder of Bitcoin, outside of crypto exchange companies like Coinbase, and continues accumulating BTC regularly.Adam Livingston, the author of "The Bitcoin Age and The Great Harvest," said that Strategy's aggressive BTC buying is synthetically halving the newly minted BTC supply.Livingston added that institutions like Strategy are purchasing an average of 2,087 BTC per day, dwarfing the daily output of miners, who collectively produce around 450 BTC per day.The rapid accumulation of BTC by institutions outpacing miner output should create a supply crunch that will drive the price of Bitcoin to heights unaffordable for most retail investors, Livingston concluded.Magazine: Financial nihilism in crypto is over — It’s time to dream big again

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Key Takeaways:US GDP shrank -0.3% in Q1, far below +0.3% forecasts, sparking recession fears.Bitcoin faces selling pressure with its spot volume delta dropping $300 million in 3 days.Whales are accumulating BTC, but smaller holders are selling, hinting at profit-taking.Bitcoin’s (BTC) price dropped under $93,000 on April 30, after the US Gross Domestic Product (GDP) data revealed a -0.3% contraction in Q1. While the GDP missed expectations of +0.3%, the GDP Price Index soared to 3.7%—the highest since August 2023. Polymarket odds of a recession in 2025 hit 67%, with consumer confidence at its lowest since May 2020.Quarterly US GDP growth data. Source: X.comMeanwhile, in March 2025, PCE (Personal Consumption Expenditures) inflation fell to 2.3% (above the expected 2.2%), and Core PCE dropped to 2.6% (in line with expectations). Still, February’s Core PCE was revised from 2.8% to 3.0%, signaling mixed inflation trends.Short-term bearish, long-term bullish for Bitcoin?During the 2020 COVID-19-induced market crash, BTC initially followed traditional markets before rallying over 300% by year-end as the global M2 money supply increased, reflecting its appeal during periods of monetary expansion. However, stagflation, highlighted by the -0.3% GDP contraction in Q1 2025 and a 3.7% GDP Price Index, pose short-term risks. Cointelegraph noted that high inflation often deters retail crypto investment, as seen in 2022 when BTC fell 60% amid Federal Reserve interest rate hikes. The March 2025 PCE inflation data suggests cooling pressures that could ease Fed rate hike fears and support Bitcoin. On the other hand, February’s upward revisions (headline PCE from 2.5% to 2.7%, Core PCE to 3.0%) signal persistent inflation, keeping the Fed’s next moves uncertain. While fear of stagflation may pressure BTC in the short term, its long-term hedge potential remains valid. Related: Bitcoin macro indicator that predicted 2022 bottom flashes 'buy signal'Bitcoin sees $300 million in spot selling pressureBitcoin’s spot volume delta dipped over $300 million over the past three days, increasing potential sell-off pressure for BTC around the $95,000 level. Data from Glassnode indicates the 7-day moving average of BTC spot volume delta recorded negative flows over consecutive days. The negative inflows progressively increased with a minor $16 million flush on April 26, followed by $30.9 million on April 27, $76.1 million on April 28, and $193.4 million on April 29.Bitcoin Spot volume delta chart. Source: GlassnodeThis sharp decline signals aggressive selling and weakening spot demand, a signal to profit-taking or a potential short-term trend reversal. Despite the sell-off, the analytics platform noted that accumulation trends among Bitcoin holders paint a more nuanced picture. Whales holding over 10,000 BTC remain in an accumulation mode, with a trend score near 0.95. However, smaller holders show signs of distribution. The 10–100 BTC group is trending toward 0.6, while those with 1–10 BTC (0.3) and less than 1 BTC (0.2) are net sellers. This top-down accumulation suggests the current selling pressure stems from short-term holders potentially taking profit around the $95,000 level. Termed as a “profit-taking pressure test” for BTC, the current market is at a key decision point, where profit-taking is a pivotal metric to monitor. BTC: realized profit data. Source: GlassnodeLast week, the total realized profit on an hourly chart surged to $139.9M/hour, roughly 17% above its $120M/hour baseline. With the current spot delta outflows, the realized profit may hit new highs this week. Related: Bitcoin traders predict BTC price gains ahead of $96K liquidity clashThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Key points:Bitcoin’s 7-day volatility is the lowest in 563 days, signaling an impending range expansion.Bitcoin’s breakout above $95,000 could swiftly take it to $100,000 and above.Although the probability is low, traders should remain cautious about a pullback in the near term.Bitcoin (BTC) has been trading in a tight consolidation near the $95,000 level for several days. K33 Research head of research Vetle Lunde said in a post on X that Bitcoin’s 7-day volatility has hit a 563-day low.A range expansion usually follows a low-volatility period. Although it is difficult to predict the direction of the breakout, a tight consolidation just below a crucial resistance increases the likelihood of an upside rally. Several analysts are also optimistic that Bitcoin’s break will occur to the upside.Crypto market data daily view. Source: Coin360Although signs point to a possible breakout to the upside, traders should remain cautious. Sometimes, short-term buyers book profits when the price fails to break out to the upside. That leads to a short-term pullback.Could Bitcoin break above $95,000, or is a correction around the corner? How are the altcoins placed? Let’s analyze the charts of the top 10 cryptocurrencies to find out.Bitcoin price predictionBitcoin bulls are struggling to push the price above the $95,000 barrier, but a minor positive is that the buyers have not ceded ground to the bears. That suggests the bulls have kept up the pressure.BTC/USDT daily chart. Source: Cointelegraph/TradingViewThe upsloping 20-day exponential moving average ($90,102) and the relative strength index (RSI) in the positive territory indicate the path of least resistance is to the upside. A break and close above $95,000 could swiftly propel the BTC/USDT pair to the psychological resistance at $100,000. Sellers are expected to vigorously defend the $100,000 obstacle, but if the bulls prevail, the pair could soar toward $107,000.Sellers are likely to have other plans. They will try to yank the price to the 20-day EMA, which is a strong near-term support to keep an eye on. A bounce off the 20-day EMA will keep the bullish momentum intact, but a break below it could sink the pair to the 50-day simple moving average ($85,645).Ether price predictionEther (ETH) is finding support at the moving averages, but the bulls have failed to resume the relief rally.ETH/USDT daily chart. Source: Cointelegraph/TradingViewA break and close above $1,858 signals strength to the buyers. The ETH/USDT pair could then rally to the breakdown level of $2,111. Sellers are expected to aggressively defend the $2,111 level as a break above it suggests that the downtrend has ended. The pair could then skyrocket to $2,550.On the contrary, if the price turns down and breaks below the moving averages, it signals a range formation. The pair could swing between $2,111 and $1,368 for a while.XRP price predictionXRP (XRP) turned down from the resistance line on April 28 and slipped below the moving averages on April 30.XRP/USDT daily chart. Source: Cointelegraph/TradingViewIf the price continues lower and closes below the moving averages, it suggests that the bears have seized control. The pair could then retest the critical support at $2. If this level also cracks, the XRP/USDT pair may plunge to $1.61.The resistance line remains the key level to watch out for on the upside. If buyers pierce the resistance line, it suggests that the downtrend could be over. The pair may then ascend to $3.BNB price predictionBNB (BNB) slipped below the moving averages on April 30, indicating that the bulls are losing their grip.BNB/USDT daily chart. Source: Cointelegraph/TradingViewBuyers will have to quickly push the price back above the moving averages to stay in the game. A break and close above $620 indicates an advantage to the bulls and opens the doors for a rally to $644. Sellers may pose a substantial challenge at $644, but if the buyers prevail, the BNB/USDT pair could soar to $680.Contrarily, a close below the moving averages suggests that the bears are trying to form a lower high. The pair could drop to $576 and then to $566, where the bulls are expected to step in.Solana price predictionSolana (SOL) pulled back from the $153 resistance, but the bulls are trying to sustain the price above the 20-day EMA ($140).SOL/USDT daily chart. Source: Cointelegraph/TradingViewSuppose the price rebounds off the 20-day EMA with strength; the likelihood of a break above the $153 resistance increases. If that happens, the SOL/USDT pair could pick up momentum and surge to $180. Alternatively, a break and close below the 20-day EMA suggests that the short-term bulls are closing their positions. The pair may then slip to the 50-day SMA ($131), signaling a consolidation between $110 and $153.Dogecoin price predictionDogecoin (DOGE) has been range-bound between $0.21 and $0.14 for several days, indicating buying near the support and selling close to the overhead resistance.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe flattish moving averages and the RSI just below the midpoint signal that the range-bound action may extend for a few more days. The trend will turn in favor of the bulls if they push and maintain the DOGE/USDT pair above the $0.21 resistance. That completes a double-bottom pattern, which has a target objective of $0.28.On the downside, buyers are expected to vigorously defend the $0.14 support because a break below it could resume the downtrend toward $0.10.Cardano price predictionCardano (ADA) has been sustaining above the moving averages for the past few days, but the bulls have failed to start a strong rebound. ADA/USDT daily chart. Source: Cointelegraph/TradingViewIf the price skids below the moving averages, it will tilt the short-term advantage in favor of the bears. The ADA/USDT pair could drop to $0.58, which is expected to act as a strong support. If buyers want to prevent the downside, they will have to swiftly push the price above the $0.75 resistance. If they do that, the pair could rally to $0.83, where the bears are likely to mount a strong defense.Related: Bitcoin macro indicator that predicted 2022 bottom flashes 'buy signal'Sui price predictionBuyers tried to push Sui (SUI) above the $3.90 overhead resistance on April 28, but the bears held their ground.SUI/USDT daily chart. Source: Cointelegraph/TradingViewSellers are trying to strengthen their position by pulling the price below the 38.2% Fibonacci retracement level of $3.14. If they manage to do that, the pair could plummet to the 20-day EMA ($2.89).Conversely, if the price turns up sharply from the current level, the bulls will again try to kick the price above the $3.90 resistance. If they can pull it off, the SUI/USDT pair could rise to $4.25 and later to $5.Chainlink price predictionThe failure of the bulls to propel Chainlink (LINK) above the $16 overhead resistance has pulled the price to the moving averages.LINK/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day EMA ($13.93) is sloping up, but the RSI has dropped near the midpoint, suggesting that the bullish momentum is weakening. If the price rebounds off the moving averages with strength, the bulls will attempt to drive the LINK/USDT pair to the resistance line of the descending channel.The first sign of weakness will be a break and close below the moving averages. That opens the doors for a fall to $11.68.Avalanche price predictionAvalanche (AVAX) has dropped to the moving averages, which is likely to attract buying by the bulls.AVAX/USDT daily chart. Source: Cointelegraph/TradingViewIf the price rebounds off the moving averages, the bulls will again attempt to drive the AVAX/USDT pair above the overhead resistance. If they succeed, the pair will complete a double-bottom pattern. That could start a rally to the pattern target of $31.73.If the price continues lower and breaks below the 50-day SMA ($19.68), it signals that the bulls have given up. That may keep the pair inside the $23.50 to $15.27 range for a few more days. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Key takeaways:Bitcoin’s price increased by sixfold each time its age increased by 40%.If the pattern holds, Bitcoin could rally to $351,046 in 2025.New data highlights a historical pattern that results in Bitcoin (BTC) price increasing by sixfold. Using a logarithmic chart to illustrate the trend from 2011, the model projects BTC price to hit $351,046 in 2025.According to 21st Capital co-founder Sina, the study plots Bitcoin’s price on a log-log graph, showing a linear relationship that reflects predictable long-term growth driven by network dynamics, a behavior characteristic associated with BTC’s limited supply. Bitcoin 40% age increase-price rise comparison chart. Source: X.comThe math behind the price target relies on Bitcoin’s age in years and a 6x price multiplier per 40% age increase. For instance, from age 8.83 years in 2017 ($19,666 peak) to age 12.83 years in 2021 ($68,000 peak), the age grew by 45%, but the price increased by about 3.4x, showing deviations from the model. Adjusting for the chart’s trendline, the projected price at age 16.33 years is $351,046 in 2025, a 5.2x increase from $68,000 in 2021. This power law suggests Bitcoin’s growth scales with its network maturity, not calendar cycles.Most of the time, the 6x peak in value came before a 40% increase in BTC’s age. The table below reflects actual Bitcoin prices and the model’s projections, highlighting inconsistencies.Bitcoin estimated vs actual price based on the model. Source: Cointelegraph/InvestopediaThe irregularities are evident. It underestimated early growth until 2017 and overestimated recent years (In 2023, $42,258 versus $139,968). External factors possibly disrupted BTC’s rise, such as the 2021 crash (BTC price fell 30% to $31,000 amid a crypto sell-off), China’s 2021 crypto ban, and rising interest rates in 2022, which aligned Bitcoin with risk-on assets. However, the model demonstrates resilience despite regulatory uncertainty, market volatility, and macroeconomic pressures over the past decade, capturing Bitcoin’s long-term uptrend via a non-linear graph. Related: Bitcoin price still in bargain zone as US jobs report sparks rate cut hopesBitcoin price fractal highlights $84K supportAnonymous Bitcoin analyst blackwidow noted a fractal pattern comparing the 2024 support at $58,000 to the current 2025 setup, pinpointing $84,000 as a pivotal support level, mirroring last year's structure.In an X post, the analyst revealed that the $84,000 level, identified as the point of control (POC) where the heaviest trading volume occurred, is a key re-entry point for traders eager to capitalize on the anticipated breakout. If the support holds, the analyst predicted an accelerated move into the summer, potentially marking a significant long-term opportunity.Bitcoin fractal analysis by blackwidow. Source: X.comLikewise, crypto trader Titan of Crypto mentioned that the new highs for Bitcoin are loading in the charts. The analyst said, “Bitcoin $125,000 target loading. BTC bounced off the orange line of the Golden Ratio Multiplier and is now aiming for the blue line, currently at $125,000.”This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some point in the future. Bitcoin (BTC) price knocks on the door of $95,000 after starting the NY trading session with a slight sell-off to $92,910 following alarm-raising US GDP data, which showed the economy shrank in Q1 2025. The move mirrors a similar recovery seen in the DOW and S&P 500, which bounced 0.35% and 0.15% respectively at the closing bell. The quick recovery in Bitcoin price highlights the strong bid by a variety of market participants, and it lines up with the view that the April 30 GDP data could be a one-off event resulting from businesses ramping up their imports ahead of President Donald Trump’s tariffs on about 90 countries. While a shrinking economy and record-low consumer confidence are valid concerns for TradFi investors, the threat of a US recession also plays into crypto traders investment thesis which predicts that a variety of negative economic events will eventually force the Federal Reserve to cut rates and issue more dollars — a maneuver which historically has benefitted Bitcoin price.Current odds of a Fed interest rate cut have increased this week, from 59.8% on April 29 to 63.8% on April 30. Fed target rate probabilities for June 18, 2025 Fed meeting. Source: CME FedWatchAccording to popular X trader Skew, the bounce in Bitcoin and US stocks was partially driven by “pretty solid revenue beats from big US companies so far,” which could also “bolster some confidence in risk.” BTC/USD chart. Source: Skew / XThe trader also said that Bitcoin’s, “Spot flow [was] primarily driven by passive buyers today, and price lifted with taker bid. Funding rate normalizing now after some shorts closing out.” Related: Bitcoin price consolidation likely as US Core PCE, manufacturing, and jobs reports print this weekCurrently, $95,500 is the key level traders are watching, and many analysts believe that a sustained push through the resistance zone opens the door for a swift move back to $100,000. It’s possible that the May 2 jobs report, which will show how many jobs were added to the US economy in April, could have a slight impact on the stock market and, in turn, cryptocurrencies.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.  

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Market seeing turn of tide despite solid growth in last few days

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Coinbase is revolutionizing crypto lending with a nationwide rollout of bitcoin-backed loans up to $1 million, unlocking instant liquidity without triggering taxable events. Borrow up to $1M Without Selling—Coinbase Expands Bitcoin-Backed Loans Nationwide Crypto exchange Coinbase (Nasdaq: COIN) announced on social media platform X on April 30 that its bitcoin-backed loan service is now fully […]

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Bitcoin ETFs attract $4 billion in 8 days, signaling strong investor appetite

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Bitcoin Magazine Global X Debuts Three New ETFs on Cboe Canada, Including Bitcoin-Focused Income Funds Global X Investments Canada has launched three new ETFs on Cboe Canada—RSCL, BCCC, and BCCL—offering investors access to U.S. small-cap equities and innovative Bitcoin strategies featuring semi-monthly income. This post Global X Debuts Three New ETFs on Cboe Canada, Including Bitcoin-Focused Income Funds first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

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Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some point in the future. Bitcoin (BTC) price knocks on the door of $95,000 after starting the NY trading session with a slight sell-off to $92,910 following alarm-raising US GDP data, which showed the economy shrank in Q1 2025. The move mirrors a similar recovery seen in the DOW and S&P 500, which bounced 0.35% and 0.15% respectively at the closing bell. The quick recovery in Bitcoin price highlights the strong bid by a variety of market participants, and it lines up with the view that the April 30 GDP data could be a one-off event resulting from businesses ramping up their imports ahead of President Donald Trump’s tariffs on about 90 countries. While a shrinking economy and record-low consumer confidence are valid concerns for TradFi investors, the threat of a US recession also plays into crypto traders investment thesis which predicts that a variety of negative economic events will eventually force the Federal Reserve to cut rates and issue more dollars — a maneuver which historically has benefitted Bitcoin price.Current odds of a Fed interest rate cut have increased this week, from 59.8% on April 29 to 63.8% on April 30. Fed target rate probabilities for June 18, 2025 Fed meeting. Source: CME FedWatchAccording to popular X trader Skew, the bounce in Bitcoin and US stocks was partially driven by “pretty solid revenue beats from big US companies so far,” which could also “bolster some confidence in risk.” BTC/USD chart. Source: Skew / XThe trader also said that Bitcoin’s, “Spot flow [was] primarily driven by passive buyers today, and price lifted with taker bid. Funding rate normalizing now after some shorts closing out.” Related: Bitcoin price consolidation likely as US Core PCE, manufacturing, and jobs reports print this weekCurrently, $95,500 is the key level traders are watching, and many analysts believe that a sustained push through the resistance zone opens the door for a swift move back to $100,000. It’s possible that the May 2 jobs report, which will show how many jobs were added to the US economy in April, could have a slight impact on the stock market and, in turn, cryptocurrencies.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.  

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BTC price returns to the red zone, but whale transfer activities continue

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Bitcoin Magazine The Bitcoin Space Race: Why the U.S. Risks Falling Behind Its Rivals Why America must treat Bitcoin as a strategic asset—or risk losing ground to China in the next global power race. This post The Bitcoin Space Race: Why the U.S. Risks Falling Behind Its Rivals first appeared on Bitcoin Magazine and is written by Spencer Nichols.

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Bitcoin Magazine BlackRock’s Mitchnick: “Flows Are Back in a Big Way” as Bitcoin ETFs Shift to Institutional Hands At the Token2049 conference in Dubai, BlackRock’s Head of Digital Assets Robert Mitchnick confirmed a renewal of capital into Bitcoin ETFs citing the growing perception of Bitcoin as a hedge in uncertain markets. This post BlackRock’s Mitchnick: “Flows Are Back in a Big Way” as Bitcoin ETFs Shift to Institutional Hands first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

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BTC dominance remained at yearly highs for broader altcoin recovery to gain traction.  But the early 2025 altcoin sell-off eased and bottomed out at the 2024 support level.  Bitcoin [BTC] The post BTC dominance hits 64% in 2025 - Are altcoins stuck in Bitcoin’s shadow? appeared first on AMBCrypto.

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Bitcoin Magazine Bitcoin Covenants: OP_VAULT (BIP 345) The fourth article in the Covenant series, examining the OP_VAULT proposal from James O'Beirne and Greg Sanders. This post Bitcoin Covenants: OP_VAULT (BIP 345) first appeared on Bitcoin Magazine and is written by Shinobi.

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Phoenix Group has expanded its Bitcoin mining operations in Ethiopia, securing an additional 52 megawatts, bringing its total capacity there to 132 megawatts and surpassing 500 megawatts globally across five countries. Development of New Site to Be Conducted in Stages The Abu Dhabi-based bitcoin miner, Phoenix Group, has secured an additional 52 megawatts (MW) of […]

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An elderly American has been identified as the victim of a $330.7 million Bitcoin theft—one of the largest crypto heists on record—according to blockchain investigator ZachXBT.  The attack, which occurred on April 28, involved the theft of 3,520 BTC through…

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A discarded hard drive, a billion-dollar Bitcoin wallet, and a trash-strewn landfill in Wales are now the foundation for a high-stakes docuseries.  Entertainment company LEBUL announced this week that it has acquired exclusive rights to the story of James Howells,…

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Key takeaways:Bitcoin’s price increased by sixfold each time its age increased by 40%.If the pattern holds, Bitcoin could rally to $351,046 in 2025.New data highlights a historical pattern that results in Bitcoin (BTC) price increasing by sixfold. Using a logarithmic chart to illustrate the trend from 2011, the model projects BTC price to hit $351,046 in 2025.According to 21st Capital co-founder Sina, the study plots Bitcoin’s price on a log-log graph, showing a linear relationship that reflects predictable long-term growth driven by network dynamics, a behavior characteristic associated with BTC’s limited supply. Bitcoin 40% age increase-price rise comparison chart. Source: X.comThe math behind the price target relies on Bitcoin’s age in years and a 6x price multiplier per 40% age increase. For instance, from age 8.83 years in 2017 ($19,666 peak) to age 12.83 years in 2021 ($68,000 peak), the age grew by 45%, but the price increased by about 3.4x, showing deviations from the model. Adjusting for the chart’s trendline, the projected price at age 16.33 years is $351,046 in 2025, a 5.2x increase from $68,000 in 2021. This power law suggests Bitcoin’s growth scales with its network maturity, not calendar cycles.Most of the time, the 6x peak in value came before a 40% increase in BTC’s age. The table below reflects actual Bitcoin prices and the model’s projections, highlighting inconsistencies.Bitcoin estimated vs actual price based on the model. Source: Cointelegraph/InvestopediaThe irregularities are evident. It underestimated early growth until 2017 and overestimated recent years (In 2023, $42,258 versus $139,968). External factors possibly disrupted BTC’s rise, such as the 2021 crash (BTC price fell 30% to $31,000 amid a crypto sell-off), China’s 2021 crypto ban, and rising interest rates in 2022, which aligned Bitcoin with risk-on assets. However, the model demonstrates resilience despite regulatory uncertainty, market volatility, and macroeconomic pressures over the past decade, capturing Bitcoin’s long-term uptrend via a non-linear graph. Related: Bitcoin price still in bargain zone as US jobs report sparks rate cut hopesBitcoin price fractal highlights $84K supportAnonymous Bitcoin analyst blackwidow noted a fractal pattern comparing the 2024 support at $58,000 to the current 2025 setup, pinpointing $84,000 as a pivotal support level, mirroring last year's structure.In an X post, the analyst revealed that the $84,000 level, identified as the point of control (POC) where the heaviest trading volume occurred, is a key re-entry point for traders eager to capitalize on the anticipated breakout. If the support holds, the analyst predicted an accelerated move into the summer, potentially marking a significant long-term opportunity.Bitcoin fractal analysis by blackwidow. Source: X.comLikewise, crypto trader Titan of Crypto mentioned that the new highs for Bitcoin are loading in the charts. The analyst said, “Bitcoin $125,000 target loading. BTC bounced off the orange line of the Golden Ratio Multiplier and is now aiming for the blue line, currently at $125,000.”This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

• #bitcoin

Two days prior, onchain analyst ZachXBT noted that the value of XMR climbed following the theft of 3,520 BTC from a single victim. By Wednesday, he suggested the wallet’s owner might be “an elderly individual in the U.S.” 3,520 BTC Stolen From Elderly U.S. Citizen and Funneled Into XMR On Sunday, ZachXBT detailed that a […]

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North Carolina lawmakers are set to vote on allocating money from the state's funds into Bitcoin

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After breaking past the pivotal $90,000 mark, Bitcoin’s price has remained strongly above this threshold, recording notable gains in the past few days. However, the renewed upward trend is now being faced with growing bearish sentiment from large BTC investors as they load up short positions. Whales Renew Interest In Bitcoin Shorts In a shocking […]

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Bitcoin, altcoins, and the stock market are down on Wednesday after a series of weak economic data from the United States. Bitcoin (BTC) price dropped below $94,000, much lower than this month’s high of $96,000. Similarly, top altcoins like Ripple…

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Key points:Bitcoin’s 7-day volatility is the lowest in 563 days, signaling an impending range expansion.Bitcoin’s breakout above $95,000 could swiftly take it to $100,000 and above.Although the probability is low, traders should remain cautious about a pullback in the near term.Bitcoin (BTC) has been trading in a tight consolidation near the $95,000 level for several days. K33 Research head of research Vetle Lunde said in a post on X that Bitcoin’s 7-day volatility has hit a 563-day low.A range expansion usually follows a low-volatility period. Although it is difficult to predict the direction of the breakout, a tight consolidation just below a crucial resistance increases the likelihood of an upside rally. Several analysts are also optimistic that Bitcoin’s break will occur to the upside.Crypto market data daily view. Source: Coin360Although signs point to a possible breakout to the upside, traders should remain cautious. Sometimes, short-term buyers book profits when the price fails to break out to the upside. That leads to a short-term pullback.Could Bitcoin break above $95,000, or is a correction around the corner? How are the altcoins placed? Let’s analyze the charts of the top 10 cryptocurrencies to find out.Bitcoin price predictionBitcoin bulls are struggling to push the price above the $95,000 barrier, but a minor positive is that the buyers have not ceded ground to the bears. That suggests the bulls have kept up the pressure.BTC/USDT daily chart. Source: Cointelegraph/TradingViewThe upsloping 20-day exponential moving average ($90,102) and the relative strength index (RSI) in the positive territory indicate the path of least resistance is to the upside. A break and close above $95,000 could swiftly propel the BTC/USDT pair to the psychological resistance at $100,000. Sellers are expected to vigorously defend the $100,000 obstacle, but if the bulls prevail, the pair could soar toward $107,000.Sellers are likely to have other plans. They will try to yank the price to the 20-day EMA, which is a strong near-term support to keep an eye on. A bounce off the 20-day EMA will keep the bullish momentum intact, but a break below it could sink the pair to the 50-day simple moving average ($85,645).Ether price predictionEther (ETH) is finding support at the moving averages, but the bulls have failed to resume the relief rally.ETH/USDT daily chart. Source: Cointelegraph/TradingViewA break and close above $1,858 signals strength to the buyers. The ETH/USDT pair could then rally to the breakdown level of $2,111. Sellers are expected to aggressively defend the $2,111 level as a break above it suggests that the downtrend has ended. The pair could then skyrocket to $2,550.On the contrary, if the price turns down and breaks below the moving averages, it signals a range formation. The pair could swing between $2,111 and $1,368 for a while.XRP price predictionXRP (XRP) turned down from the resistance line on April 28 and slipped below the moving averages on April 30.XRP/USDT daily chart. Source: Cointelegraph/TradingViewIf the price continues lower and closes below the moving averages, it suggests that the bears have seized control. The pair could then retest the critical support at $2. If this level also cracks, the XRP/USDT pair may plunge to $1.61.The resistance line remains the key level to watch out for on the upside. If buyers pierce the resistance line, it suggests that the downtrend could be over. The pair may then ascend to $3.BNB price predictionBNB (BNB) slipped below the moving averages on April 30, indicating that the bulls are losing their grip.BNB/USDT daily chart. Source: Cointelegraph/TradingViewBuyers will have to quickly push the price back above the moving averages to stay in the game. A break and close above $620 indicates an advantage to the bulls and opens the doors for a rally to $644. Sellers may pose a substantial challenge at $644, but if the buyers prevail, the BNB/USDT pair could soar to $680.Contrarily, a close below the moving averages suggests that the bears are trying to form a lower high. The pair could drop to $576 and then to $566, where the bulls are expected to step in.Solana price predictionSolana (SOL) pulled back from the $153 resistance, but the bulls are trying to sustain the price above the 20-day EMA ($140).SOL/USDT daily chart. Source: Cointelegraph/TradingViewSuppose the price rebounds off the 20-day EMA with strength; the likelihood of a break above the $153 resistance increases. If that happens, the SOL/USDT pair could pick up momentum and surge to $180. Alternatively, a break and close below the 20-day EMA suggests that the short-term bulls are closing their positions. The pair may then slip to the 50-day SMA ($131), signaling a consolidation between $110 and $153.Dogecoin price predictionDogecoin (DOGE) has been range-bound between $0.21 and $0.14 for several days, indicating buying near the support and selling close to the overhead resistance.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe flattish moving averages and the RSI just below the midpoint signal that the range-bound action may extend for a few more days. The trend will turn in favor of the bulls if they push and maintain the DOGE/USDT pair above the $0.21 resistance. That completes a double-bottom pattern, which has a target objective of $0.28.On the downside, buyers are expected to vigorously defend the $0.14 support because a break below it could resume the downtrend toward $0.10.Cardano price predictionCardano (ADA) has been sustaining above the moving averages for the past few days, but the bulls have failed to start a strong rebound. ADA/USDT daily chart. Source: Cointelegraph/TradingViewIf the price skids below the moving averages, it will tilt the short-term advantage in favor of the bears. The ADA/USDT pair could drop to $0.58, which is expected to act as a strong support. If buyers want to prevent the downside, they will have to swiftly push the price above the $0.75 resistance. If they do that, the pair could rally to $0.83, where the bears are likely to mount a strong defense.Related: Bitcoin macro indicator that predicted 2022 bottom flashes 'buy signal'Sui price predictionBuyers tried to push Sui (SUI) above the $3.90 overhead resistance on April 28, but the bears held their ground.SUI/USDT daily chart. Source: Cointelegraph/TradingViewSellers are trying to strengthen their position by pulling the price below the 38.2% Fibonacci retracement level of $3.14. If they manage to do that, the pair could plummet to the 20-day EMA ($2.89).Conversely, if the price turns up sharply from the current level, the bulls will again try to kick the price above the $3.90 resistance. If they can pull it off, the SUI/USDT pair could rise to $4.25 and later to $5.Chainlink price predictionThe failure of the bulls to propel Chainlink (LINK) above the $16 overhead resistance has pulled the price to the moving averages.LINK/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day EMA ($13.93) is sloping up, but the RSI has dropped near the midpoint, suggesting that the bullish momentum is weakening. If the price rebounds off the moving averages with strength, the bulls will attempt to drive the LINK/USDT pair to the resistance line of the descending channel.The first sign of weakness will be a break and close below the moving averages. That opens the doors for a fall to $11.68.Avalanche price predictionAvalanche (AVAX) has dropped to the moving averages, which is likely to attract buying by the bulls.AVAX/USDT daily chart. Source: Cointelegraph/TradingViewIf the price rebounds off the moving averages, the bulls will again attempt to drive the AVAX/USDT pair above the overhead resistance. If they succeed, the pair will complete a double-bottom pattern. That could start a rally to the pattern target of $31.73.If the price continues lower and breaks below the 50-day SMA ($19.68), it signals that the bulls have given up. That may keep the pair inside the $23.50 to $15.27 range for a few more days. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Growing stablecoin demand in volatile markets presents important implications for Bitcoin, potentially driving its price up.

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Key Takeaways:US GDP shrank -0.3% in Q1, far below +0.3% forecasts, sparking recession fears.Bitcoin faces selling pressure with its spot volume delta dropping $300 million in 3 days.Whales are accumulating BTC, but smaller holders are selling, hinting at profit-taking.Bitcoin’s (BTC) price dropped under $93,000 on April 30, after the US Gross Domestic Product (GDP) data revealed a -0.3% contraction in Q1. While the GDP missed expectations of +0.3%, the GDP Price Index soared to 3.7%—the highest since August 2023. Polymarket odds of a recession in 2025 hit 67%, with consumer confidence at its lowest since May 2020.Quarterly US GDP growth data. Source: X.comMeanwhile, in March 2025, PCE (Personal Consumption Expenditures) inflation fell to 2.3% (above the expected 2.2%), and Core PCE dropped to 2.6% (in line with expectations). Still, February’s Core PCE was revised from 2.8% to 3.0%, signaling mixed inflation trends.Short-term bearish, long-term bullish for Bitcoin?During the 2020 COVID-19-induced market crash, BTC initially followed traditional markets before rallying over 300% by year-end as the global M2 money supply increased, reflecting its appeal during periods of monetary expansion. However, stagflation, highlighted by the -0.3% GDP contraction in Q1 2025 and a 3.7% GDP Price Index, pose short-term risks. Cointelegraph noted that high inflation often deters retail crypto investment, as seen in 2022 when BTC fell 60% amid Federal Reserve interest rate hikes. The March 2025 PCE inflation data suggests cooling pressures that could ease Fed rate hike fears and support Bitcoin. On the other hand, February’s upward revisions (headline PCE from 2.5% to 2.7%, Core PCE to 3.0%) signal persistent inflation, keeping the Fed’s next moves uncertain. While fear of stagflation may pressure BTC in the short term, its long-term hedge potential remains valid. Related: Bitcoin macro indicator that predicted 2022 bottom flashes 'buy signal'Bitcoin sees $300 million in spot selling pressureBitcoin’s spot volume delta dipped over $300 million over the past three days, increasing potential sell-off pressure for BTC around the $95,000 level. Data from Glassnode indicates the 7-day moving average of BTC spot volume delta recorded negative flows over consecutive days. The negative inflows progressively increased with a minor $16 million flush on April 26, followed by $30.9 million on April 27, $76.1 million on April 28, and $193.4 million on April 29.Bitcoin Spot volume delta chart. Source: GlassnodeThis sharp decline signals aggressive selling and weakening spot demand, a signal to profit-taking or a potential short-term trend reversal. Despite the sell-off, the analytics platform noted that accumulation trends among Bitcoin holders paint a more nuanced picture. Whales holding over 10,000 BTC remain in an accumulation mode, with a trend score near 0.95. However, smaller holders show signs of distribution. The 10–100 BTC group is trending toward 0.6, while those with 1–10 BTC (0.3) and less than 1 BTC (0.2) are net sellers. This top-down accumulation suggests the current selling pressure stems from short-term holders potentially taking profit around the $95,000 level. Termed as a “profit-taking pressure test” for BTC, the current market is at a key decision point, where profit-taking is a pivotal metric to monitor. BTC: realized profit data. Source: GlassnodeLast week, the total realized profit on an hourly chart surged to $139.9M/hour, roughly 17% above its $120M/hour baseline. With the current spot delta outflows, the realized profit may hit new highs this week. Related: Bitcoin traders predict BTC price gains ahead of $96K liquidity clashThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Coinspeaker Strategy Imitator Semler Scientific Boosts Bitcoin Holdings with 165 BTC Purchase Semler Scientific boosts its Bitcoin stash with a fresh 165 BTC purchase, bringing total holdings to 3,467 BTC worth over $330 million Strategy Imitator Semler Scientific Boosts Bitcoin Holdings with 165 BTC Purchase

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Coinspeaker Roswell Becomes First U.S. City to Officially Adopt Bitcoin as Part of Its Reserves Roswell becomes the first U.S. city to officially adopt Bitcoin as part of its reserves, with an anonymous donation kickstarting the initiative. Roswell Becomes First U.S. City to Officially Adopt Bitcoin as Part of Its Reserves

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Semler Scientific has increased its bitcoin holdings to 3,467 BTC following a $15.7 million purchase of 165 BTC, achieving a 23.8% year-to-date yield on its bitcoin treasury strategy. Bitcoin Bet Pays Off As Semler Scientific Reports 23.8% BTC Yield Semler Scientific (Nasdaq: SMLR) continues to double down on its bitcoin strategy, announcing the purchase of […]

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Asset manager Grayscale launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy.According to the April 30 announcement, the ETF will provide exposure to companies across seven business sectors, including Bitcoin mining firms, automotive companies, and energy.Some of the most notable firms in the ETF include Michael Saylor's Strategy, mining company MARA, automotive manufacturer Tesla, BTC treasury company Metaplanet, and aerospace energy firm KULR Technology Group.Grayscale's Bitcoin Adopters ETF highlights the growing trend of Bitcoin acquisition companies using the scarce digital asset to drive up shareholder prices and to protect their corporate financial reserves against the inflation inherent in fiat currencies.Public companies with Bitcoin holdings. Source: RiverRelated: Cantor plans $3B crypto venture with SoftBank, Bitfinex and Tether: ReportBitcoin treasury companies and the effect on BTC marketsBlockstream CEO Adam Back recently wrote that Bitcoin treasury companies will cause BTC to surge to a $200 billion market capitalization in the coming years.According to the CEO, companies adopting BTC are "front-running" market participants in their early bet that hyperbitcoinization — a reference to a point where BTC becomes the dominant store of value — will happen.Fidelity Digital Assets released metrics suggesting that the supply of BTC on exchanges is dwindling due to heightened buying pressure from companies like Strategy that regularly acquire Bitcoin for their corporate reserves."Public Companies have bought over 30,000 bitcoin per month so far in 2025," Fidelity Digital Assets wrote in an April 24 X post.The miner reserve ratio, a metric tracking the total number of BTC held in miner wallets, continues to decline. Source: CryptoQuantMichael Saylor's Strategy is currently the largest corporate holder of Bitcoin, outside of crypto exchange companies like Coinbase, and continues accumulating BTC regularly.Adam Livingston, the author of "The Bitcoin Age and The Great Harvest," said that Strategy's aggressive BTC buying is synthetically halving the newly minted BTC supply.Livingston added that institutions like Strategy are purchasing an average of 2,087 BTC per day, dwarfing the daily output of miners, who collectively produce around 450 BTC per day.The rapid accumulation of BTC by institutions outpacing miner output should create a supply crunch that will drive the price of Bitcoin to heights unaffordable for most retail investors, Livingston concluded.Magazine: Financial nihilism in crypto is over — It’s time to dream big again

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Key points: US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts.Bitcoin dropped to $92,910 as GDP figures were released, but sustained buy-side demand could provide support. Today’s crypto derisking is likely transitory; market fundamentals remain strong.Bitcoin (BTC) price took an abrupt tumble as data showed the US gross domestic product (GDP) retracting by 0.3% in Q1, raising alarms among analysts anticipating a recession. Following the news, BTC price dropped to an intra-day low of $92,910, while the DOW and S&P 500 fell by 1% and 1.3% respectively. While the GDP figures are shocking at face value, CNBC pointed out that the drop was primarily due to “a surge in imports ahead of President Donald Trump’s tariffs.” Imports are subtracted from GDP, suggesting that the pullback is more transitory than endemic. After an initial 1% price drop, Bitcoin rebounded back to the $94,000 range as crypto and traditional markets digest today’s news headlines. Beyond the GDP figures, Bitcoin still has multiple positive factors that translate to a continued bid throughout its current price range. Strong resistance at $95,000 remains, but BTC is holding a pattern of daily higher lows. The overhead resistance at $95,500 to $96,400 is also aligned with 61.8% Fibonacci retracement, which, in the view of technical analysis, tends to be an expected level of resistance. BTC/USD Coinbase. Source: TradingViewBeyond today’s $41.47 million spike in Bitcoin long liquidations, spot volumes have driven the bulk of BTC bullish price action over the past two weeks, which is another positive. BTC/USDT spot and futures cumulative volume delta. Source: TRDR.io Related: Bitcoin macro indicator that predicted 2022 bottom flashes ‘buy signal’Bitcoin buy demand from all angles could provide price supportIn the past two weeks, the Bitcoin market has seen: Spot Bitcoin ETF inflows as of April 29 total $3.02 billion, with BlackRock’s IBIT being a leader among the pack. An April 24 statement from the US Federal Reserve Board of Governors announced that banks can independently and freely move forward with offering crypto-based products and services Investment banking firm Cantor Fitzgerald partnered with SoftBank, Tether and Bitfinex to launch a $3 billion Bitcoin acquisition company called 21 Capital.Another $1.42 billion Bitcoin purchase from Strategy.Coinbase institutional head of strategy John D’Agostino mentioned that sovereign entities made Bitcoin purchases during the sell-off below $75,000. An increasing number of international companies are copying the “MicroStrategy playbook” by dipping their toes into the Bitcoin treasury game. What is clear is that despite the shrinking US GDP triggering a news headline-driven correction, sustained demand on the buy side and strengthening market structure fundamentals are likely to trump today’s brief downside blip in BTC price.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. 

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Bitcoin’s lack of movement lately isn’t unusual as price action is trapped within a tight lower time frame trading channel. Until either support or resistance is broken with strong volume, expect continued chop, indecision, and frustrating fakeouts for both bulls…

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The U.S. economy shrank by 0.3% in the first quarter of 2025 after companies rushed to import goods in the wake of President Donald Trump’s global trade war. Bitcoin Edges Lower After U.S. Economy Shows Weakness The world’s largest economy contracted by 0.3% during the first quarter of the year according to a report published […]

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Crypto exchange Coinbase is rolling out a new Bitcoin-focused feature that will cater to institutional investors outside the US. The product, Coinbase Bitcoin Yield Fund (CBYF), will launch on May 1. The product will offer between 4% and 8% annual net returns on Bitcoin holdings. Coinbase shared the news in a blog post. It noted […] The post Coinbase Unveils Bitcoin Yield Fund for Institutions appeared first on Altcoin Buzz.

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The White House has explicitly framed Bitcoin accumulation as a geopolitical imperative, likening it to a 21st-century “space race.” In an exclusive interview recorded inside the Eisenhower Executive Office Building, Bo Hines, Executive Director of the President’s Council on Digital Assets, spoke with Bitcoin Magazine political correspondent Frank Corva and Riot Platforms head of policy […]

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Bitcoin's realized capitalization reached $882.228 billion, indicating strong investor confidence. Social Dominance at 25.81% reflected increased engagement, signaling potential bullish momentuThe post Bitcoin confidence surges – Will BTC’s renewed optimism translate to gains? appeared first on AMBCrypto.

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Mercado Bitcoin, Brazil’s largest crypto exchange, announced on Wednesday a new partnership with Wormhole to expand the reach of its tokenized financial assets. This new partnership aims to expand over $200 million in tokenized assets, including private credit offerings, across…

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An ETF for companies that hold Bitcoin has been launched by Grayscale

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Coinspeaker Cardano Founder Reacts To Controversial Bitcoin Core Update Cardano founder Charles Hoskinson has weighed in on a proposed Bitcoin Core update that is stirring heated debate among developers. Cardano Founder Reacts To Controversial Bitcoin Core Update

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The Bitcoin community was divided on removing the 80-byte limit on OP_Return.  Supporters considered it an efficiency upgrade, while others termed it a ‘spam.’ The Bitcoin [BTC] communiThe post Is Bitcoin becoming an altcoin? OP_Return change divides the community appeared first on AMBCrypto.

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Bitcoin Magazine Arizona House Passes Bitcoin Reserve Bill, Now Goes To Governor’s Desk For Final Signature Arizona has taken yet another huge step toward potentially adopting Bitcoin. The state legislature has officially passed two bills that would see Arizona hold Bitcoin as part of its treasury reserves. In a vote of 31-25, Senate Bill (SB) 1025, sponsored by Senator Wendy Rodgers, passed alongside SB 1373, sponsored by Senator Mark Finchem, in […] This post Arizona House Passes Bitcoin Reserve Bill, Now Goes To Governor’s Desk For Final Signature first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

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April 2025 witnessed crypto markets rocked by more tariffs at the direction of US President Donald Trump — controversial policies that could have influenced the outcome of Canada’s elections on April 28. On April 2, Trump levied “discounted reciprocal tariffs” on 185 countries and territories. The Dow Jones Industrial Average dropped 2,200 points on April 4, while the S&P 500 dropped nearly 6%, its largest decline since March 2020. Bitcoin (BTC) went along for the ride but broke from stocks as it recovered toward the end of the month. Blockchain adoption metrics for Ethereum are looking good, as the network now boasts 60% real-world asset (RWA) tokenization value. Major firms like BlackRock are sure the blockchain will be the standard for RWAs, but other observers believe that scaling issues could create problems. On matters of policy, pro-crypto legislators in a number of US states are pushing their respective bills; two states have introduced new legislation in April. In Canada, pro-crypto Conservatives lost to the Liberals, but the victors must form a minority government. Here’s April in numbers.“Liberation Day” sees markets plunge, Bitcoin up 16% on the monthOn April 2, the US president levied retaliatory tariffs on all US trade partners, sending Wall Street into a spiral. Between the announcement after market close and the end of trading on April 8, global markets wiped off more than $8.5 trillion in asset value. By the same date, the S&P 500 had fallen by just north of 12%.Market value has since inched back upward as some countries court the Trump administration seeking tariff relief, but major partners such as China still haven’t budged. While markets have recovered slightly, losses still amount to a “mere” $1 trillion, according to investment managers AJ Bell. Crypto saw losses as well. Bitcoin’s price decreased 9% between the Liberation Day announcement and April 8. However, unlike stock markets, which are still seeing losses, Bitcoin has managed to close out the month higher than where it started. At the time of writing, BTC is up 16.16%, trading at $94,729.Canada’s crypto-skeptic Liberals win, but fall 3 seats short of majorityCanadian Prime Minister Mark Carney’s Liberal Party has claimed victory in the country’s federal parliamentary elections, which took place on April 28. Despite their victory, the Liberals secured 169 seats, three short of the 172 needed to form a majority. A minority Liberal government means they must rely on other parties for legislative initiatives.The outcome will be meaningful for Canada’s crypto policy. Carney, himself a former central banker, has been public about his skepticism for cryptocurrencies. When serving as governor of the Bank of England, Carney said “they are failing” as a form of money. He has also called for “equivalent protections to those for commercial bank money” for private stablecoins.Related: What Canada’s new Liberal PM Mark Carney means for cryptoAt the same time, Carney has signaled his openness to digital forms of money and the ledger capabilities of blockchain technology. He voiced support for a central bank digital currency, seeing it as another step in the evolution of money. The Liberals started the year trailing well behind the Conservatives as former PM Justin Trudeau stepped down. On Trump’s inauguration day, Conservatives led polling at a 44% polling average to the Liberals’ 21%.Conservative rhetoric, including that of the pro-crypto party leader Pierre Poilievre, was decidedly pro-Trump. This connection may have been the Conservatives’ undoing, as quickly after taking office, Trump said that Canada should become America’s 51st state while simultaneously ramping up tariffs on Canadian goods.Ethereum’s market share of RWAs is up 20%The tokenization of real-world assets (RWAs) has been one of the rising use cases for blockchain technology in April. Ethereum is leading the way, with the value of the RWA tokenization on the network increasing to $6.2 billion. This marks a 20% increase over the month of April. RWAs are increasingly adopted by established financial firms launching tokenization pilot projects in real estate, commodities like gold, and even carbon credits. Larry Fink, CEO of the world’s largest fund manager, BlackRock, has noted that tokenized RWAs allow for instant trading and transfers like a “digital deed.”Related: Five reasons RWAs are taking off in 2025As reported in Cointelegraph Magazine, Ethereum advocates and developers have generally assumed that Ethereum will be the logical choice for firms exploring RWAs. Indeed, Fink said there’s “no question that the blockchain we would start our tokenization on would be Ethereum, and that’s not just a BlackRock thing. That’s the natural default answer.”Two new crypto laws introduced at US state levelTwo states, Texas and Georgia, introduced new blockchain- and crypto-related bills in their state legislatures in April.In Texas, HB 5352 would establish a State Blockchain Technology Pilot Program by the Department of Information Resources. The pilot aims to see how blockchain technology could improve “transparency, security, and efficiency in government operations.”In Georgia, HR 905 seeks to “implement a public awareness campaign for grade levels K-12 regarding blockchain, cryptocurrency, and Web3.” The bill states that technological literacy is important for all ages and “blockchain computation represents the future of how the world interacts online and shares information through a permanent record of transactions on an open ledger.”In Arizona, Democratic Governor Katie Hobbs vetoed a bill to expand a state regulatory sandbox program to include digital assets. But she signed and enacted a bill into law that now prohibits towns “from banning or restricting individuals from using computational power or running blockchain nodes in their own homes.” The law’s definition of “computational power” can be broadly interpreted to mean AI, scientific research, blockchain activities and cloud computing. It effectively protects home crypto miners from local and municipal zoning laws and bans.Stablecoin adoption grows $4 billion in AprilStablecoins have seen steady growth in 2025, and April was no exception. The total market capitalization of stablecoins grew $4 billion in April, according to CoinGlass.Growing stablecoin value comes as a number of jurisdictions develop legal frameworks for the assets and soften their regulatory approach. In the US, the House of Representatives bill on stablecoins passed a critical committee vote on April 2. The STABLE Act provides rules around stablecoin issuance and reserves and will proceed to the floor for a vote. Related: Stablecoin adoption grows with new US bills, Japan’s open approachThe Securities and Exchange Commission dropped a case against PayPal’s stablecoin, PayPal USD (PYUSD), on April 29. In a form, the SEC said an inquiry regarding a 2023 subpoena was being closed “without enforcement.”Market volatility provides another incentive for stablecoin growth, according to crypto intelligence platform IntoTheBlock. According to the analytics firm, these assets are increasingly seen as “safe havens in the current uncertain market.”As the Trump administration marks its first 100 days, markets are begging for relief, but none seems forthcoming. Despite claims from the White House, China says that no high-level talks are underway to negotiate the tariffs. Despite this, some observers insist that, for crypto at least, one should keep their eyes on the prize: the regulatory framework making its way through the US federal Congress.Magazine: Your AI ‘digital twin’ can take meetings and comfort your loved ones

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Bitcoin Magazine Semler Scientific Buys Additional $15.7 Million Worth of Bitcoin Healthcare technology company Semler Scientific has acquired 165 additional bitcoins for $15.7 million, bringing its total holdings to 3,467 BTC with a market value of over $330 million. This post Semler Scientific Buys Additional $15.7 Million Worth of Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen.

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Key points:Weak labor and consumer data often precede Bitcoin rallies, leading some analysts to anticipate future economic stimulus programs.Job openings fell to 7.2 million in March versus the 7.5 million forecast and consumer confidence hit its lowest level since January 2021.If past patterns hold, Bitcoin could rally by mid-July and possibly reach $140,000 by October 2025.Macroeconomic conditions have long been seen as a major influence on cryptocurrency prices. Generally, Bitcoin (BTC) and altcoins perform poorly when investors fear that employment and consumer data are weakening. According to a US Labor Department JOLTS report released on April 29, job openings in March approached their lowest levels in four years. US employers posted 7.2 million vacancies in March, below the 7.5 million that economists had forecast. Meanwhile, US consumer confidence fell for the fifth straight month in April, reaching its lowest point since January 2021. US Consumer Confidence (left) vs. Total non-farm US job openings (right). Source: TradingView/CointelegraphWorsening conditions raise the chances that central banks will introduce economic stimulus measures, making the overall impact on cryptocurrency markets uncertain. Typically, the additional liquidity encourages investment in risk-on assets like Bitcoin, as more capital flows into the economy.Future expectations matter more than today’s weak economic dataThe last time the US experienced a drop in job openings and weakening consumer confidence was between January and June 2024. In the three months that followed, Bitcoin’s price moved between $53,000 and $66,000. Then, a 60% rally began in mid-October, pushing BTC above $100,000. The final result was positive, but it took more than 105 days for this effect to show in the cryptocurrency market.Bitcoin/USD, log scale. Source: TradingView / CointelegraphAlthough these conditions may seem worrying at first, weaker labor and consumer sentiment are usually backward-looking. Financial markets and companies base their decisions on expectations for future economic growth, rather than just past data. Also, improved sentiment among crypto investors tends to come after there is some confirmation of better macroeconomic conditions. This explains why the 105-day lag is not unusual.Before 2024, a similar situation occurred between January and June 2023, with declines in both job market data and consumer confidence. The next four months were difficult, as Bitcoin’s price fell 18% to $25,000. It took 115 days for the price to recover to $30,500 by late October. However, the following two months were very positive, with BTC gaining 45% to reach $43,900.Bitcoin/USD in 2020, log scale. Source: TradingView / CointelegraphThe last time in the past eight years when both the labor market and consumer confidence suffered significantly was between February 2020 and May 2020, right after the implementation of the COVID-19 lockdowns. This period saw Bitcoin briefly drop below $4,000 on March 13, 2020. As a result, a longer period of consolidation was expected before investors regained confidence in the crypto markets.Related: Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIGCould Bitcoin hit $140,000 by October?Looking back at the macroeconomic data, there was no major impact on Bitcoin between May 2020 and September 2020, as its price increased from $8,900 to $10,600, a 20% gain. However, the next 60 days brought an impressive 85% rally to $19,700. For the third time, weaker labor and consumer sentiment data seemed to come before a rally in Bitcoin prices.While the time between the lowest point of economic conditions and Bitcoin’s rally ranged from 105 to 130 days, the result was clear in all three cases. Therefore, if US job openings and consumer confidence improve from April 2025, it is likely that Bitcoin’s price will start to rise by mid-July. If history repeats itself, this could mean a minimum target of $140,000 by October 2025, but further positive macroeconomic data is needed to confirm this outlook.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

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Key takeaways:Richard Byworth says Michael Saylor’s Strategy could ramp up its Bitcoin buys by acquiring cash-rich companies and converting their cash into Bitcoin.He says that Strategy should consider accelerating purchases as the Bitcoin supply on exchanges continues to decline.Byworth argues that aggressively increasing Bitcoin holdings would boost Strategy’s mNAV, benefiting shareholders.Michael Saylor’s Strategy should take a more aggressive approach to buying Bitcoin by acquiring companies to use their cash holdings to fund purchases and do away with over-the-counter buys, a crypto executive says.“Saylor’s strategy so far has been the right one,” Syz Capital partner and Jan3 adviser Richard Byworth said on an April 29 podcast.Strategy should try “super aggressive” buyingHowever, Byworth pondered what happens when Bitcoin (BTC) reaches an “illiquid supply” point where no Bitcoin is left on crypto exchanges or over-the-counter (OTC) desks.“Should Saylor buy Bitcoin really carelessly? As in, not try and buy it through OTC desks…and actually just buy it with the intention of massively ramping the price,” Byworth said.“The point where things are getting less liquid, maybe you should try for a period going super aggressive, super careless buying, market impact all across, and push the price higher.”Strategy currently holds 553,555 BTC, valued at approximately $52.48 billion at the time of publication, according to Saylor Tracker. Fidelity Digital Assets said on April 24 that it has seen Bitcoin supply on exchanges dropping due to purchases by public companies, which it anticipated would accelerate “in the near future.” Byworth said a firm like Strategy wouldn’t be concerned with the price of Bitcoin when buying it as its primary focus would be on its mNAV (multiple of Net Asset Value), the value of the assets held, as “it is much more beneficial to [its] shareholders.”Richard Byworth spoke to Bram Kanstein on the Bitcoin for Millennials podcast. Source: Bram KansteinHe added that when there is no more Bitcoin, “you may as well go aggressive buying, because what happens is it will just ramp the price, it will massively increase [Strategy’s] MNAV, which means [its] dilution will become much more accretive.”Movements in the NAV premium and discount can give signals about market sentiment or potential future price movements.Related: New Bitcoin price all-time highs could occur in May — Here is whyByworth said that Japan has a “large number of zombie companies” holding significant cash reserves. He proposed that Strategy could adopt an aggressive approach by acquiring these companies and “immediately converting that cash into Bitcoin,” similar to the strategy taken by Japanese investment firm Metaplanet.“There are plenty of companies out there in Japan like that, sitting on these cash flow generative businesses that are pretty boring and have very low price-to-cash ratios,” Byworth added.On April 21, Metaplanet increased its Bitcoin holdings to more than $400 million after its latest $28 million purchase.Bitcoin is trading at $94,680 at the time of publication. Source: CoinMarketCapByworth’s comments come as Bitcoin trades below the psychological $100,000 price level, a threshold it fell below in early February, which has widely been attributed to the tariffs imposed by US President Donald Trump.Bitcoin is trading at $94,680, down 13.22% from its all-time high of $109,000 reached in January, according to data from CoinMarketCap.Magazine: TV hit Peaky Blinders to launch crypto game, FIFA Rivals on Polkadot: Web3 GamerThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Key takeaways:Bitcoin's 28% rebound from $75,000 faces resistance at $95,000, risking a bull trap.Strong spot price momentum and ETF inflows support a potential $100,000 push.Bull flag pattern suggests a $108,300 target if BTC breaks the $95,000 resistance.Bitcoin (BTC) price has rebounded by 28% from its five-month low below $75,000 reached on April 9. However, its failure to break above the $95,000 resistance level decisively has sparked concerns that the latest recovery may trap bulls.BTC/USD daily price chart. Source: Cointelegraph/TradingViewBitcoin ETF flows provide a “more solid foundation”But another big crash may be averted as BTC price momentum is backed by elevated spot Bitcoin ETF inflows in recent days. This provides Bitcoin a “more solid foundation” to surge forward, according to market intelligence firm Glassnode.As Bitcoin edged above $95,000, its 14-day price momentum indicator rose sharply from 58.7 to 82.1, as shown in the chart below.“This breakout pushed the momentum above the statistical high band, a rare occurrence that historically signals strong bullish momentum,” Glassnode said in its latest Weekly Market Pulse report. This indicator last crossed the statistical high band in November 2024, preceding a 61% rally in Bitcoin’s price to new all-time highs.Bitcoin price momentum indicator. Source: GlassnodeGlassnode, however, warns that such high momentum also increases the likelihood of short-term cooling periods, explaining BTC’s current choppy price action.The onchain data provider added:“Sustained strength will require spot volume and demand to remain positive.”Meanwhile, Bitcoin’s spot Cumulative Volume Delta (CVD) metric, which tracks the difference between taker buyers and sellers, remains close to the statistical high band despite a modest pullback over the last few days.The high CVD metric suggests that the buy pressure is “still relatively strong,” Glassnode said, adding:“This persistent positive aggression supports the bullish momentum seen in spot markets, although the slight softening hints that some profit-taking activity may be emerging as the price extends into higher ranges.”Bitcoin spot CVD. Source: GlassnodeBullish signs are also emerging with the Hot supply rising higher and profitability metrics such as supply in profit (currently at 86%) expanding significantly. This signals a change in market sentiment favoring the upside, reducing the possibility of a major crash.Bitcoin bull flag hints at $108,000Bitcoin technicals show it remains within a bull flag pattern, which puts it in a good position to break out if key support levels hold.The flagpole pattern developed after price climbed from $84,000 to a seven-week high of $95,857 between March 3 and April 25.Related: Bitcoin price always rallies at least 50% after these two patterns emergeNow BTC is consolidating within a descending parallel channel, testing overhead resistance levels for the past few days, including the upper boundary of the flag at $95,000.BTC/USD four-hour chart. Source: Cointelegraph/TradingViewA breach of this level could trigger another upswing. The bull flag’s target, derived from the height of the previous ascent, is approximately $108,300, representing a 14% increase from the current price.Popular analyst alphaBTC said that Bitcoin was “getting ready for its big move,” setting a target of $100,000 and beyond.BTC/USD hourly chart. Source: AlphaBTCThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Understanding inflation and the need for hedges Bitcoin’s supply-and-demand dynamics, in addition to growing institutional adoption, position it as a potential hedge against inflation in 2025. However, its high volatility and centralization concerns mean it remains a speculative asset rather than a guaranteed safeguard against inflation.What is inflation? Inflation refers to the general increase in the prices of goods and services in an economy over time, leading to a decrease in the purchasing power of money. As prices rise, each unit of currency buys fewer goods and services. Inflation is typically measured by indexes such as the Consumer Price Index (CPI), which tracks the average change in the prices paid by consumers for a basket of goods and services.Traditional inflation hedgesTo protect against the eroding effects of inflation, investors have traditionally turned to certain asset classes known to retain value or appreciate during inflationary periods:Gold: Often considered a safe haven, gold has historically maintained its value and is viewed as a store of wealth during periods of high inflation.Real estate: Property values and rental income tend to rise with inflation, making real estate a common hedge.Inflation-indexed bonds: These government or corporate bonds adjust interest payments based on inflation rates, helping preserve purchasing power.These assets are favored because they either have intrinsic value or their returns are linked to inflation rates, offering a buffer against currency devaluation.Bitcoin as digital goldIn recent years, Bitcoin has entered the conversation as a potential modern hedge against inflation, dubbed “digital gold.” Advocates argue that Bitcoin’s decentralized nature and fixed supply of 21 million coins make it resistant to inflationary pressures. Unlike fiat currencies — which central banks can issue in unlimited quantities — Bitcoin’s (BTC) predetermined, limited supply creates digital scarcity, similar to precious metals. Its global accessibility and independence from monetary policy have positioned it as an attractive store of value for inflation-conscious investors. Does Bitcoin protect against inflation? Bitcoin’s fixed supply, decentralization and growing institutional adoption position it as a compelling hedge against inflation, especially during times of fiat currency instability.There are a few arguments to suggest so. Supply dynamics and market impactBitcoin’s capped supply of 21 million coins, along with the halving event that occurs every four years, are often cited as reasons for its inflation-resistant properties. But the real strength lies in how that scarcity interacts with market demand.When demand increases — whether driven by institutional interest or macroeconomic instability — the fixed supply can drive sharp price appreciation. This dynamic can make Bitcoin appealing during inflationary periods, as investors seek alternatives to devaluing fiat currencies.Decentralization and monetary policy independenceBitcoin is not subject to the policies of any central bank. Its monetary rules are hardcoded and transparent, reducing the risk of unexpected changes like quantitative easing or interest rate manipulation. This predictability appeals to investors looking for protection from inflation caused by government policies.Portability and accessibilityBeing entirely digital, Bitcoin can be transferred across borders instantly without relying on banks or intermediaries. This portability makes it particularly valuable in countries facing hyperinflation or capital controls, where citizens may need to move wealth quickly and securely.Market perception and institutional adoptionBitcoin’s legitimacy has grown with increasing institutional interest. Companies like Strategy and Tesla have added Bitcoin to their balance sheets, helping frame it as a viable long-term investment. As institutional adoption increases, so too does Bitcoin’s potential to serve as an inflation hedge in the eyes of mainstream investors.Did you know? Bitcoin’s performance has shown a notable correlation with global money supply growth. Analysts suggest that Bitcoin may serve as a barometer for global monetary dilution, offering insights into inflationary trends across economies. Bitcoin vs. inflation: The institutional adoption effect It’s not just retail investors getting involved with Bitcoin — institutions have been watching from the sidelines and are now stepping in with serious capital, providing Bitcoin investment products and developing state-of-the-art market infrastructure.Corporate Bitcoin pioneers: Strategy and MetaplanetIn 2025, institutional Bitcoin adoption has surged, led by companies like Strategy (formerly MicroStrategy) and Metaplanet.Strategy: Under Michael Saylor’s leadership, Strategy has accumulated around 538,200 BTC — valued at almost $47 billion as of April 2025;Metaplanet: Nicknamed “Asia’s MicroStrategy,” Metaplanet holds almost $430 million in Bitcoin (April 2025) and aims to reach 21,000 BTC by 2026. Did you know? In 2025, the State of Wisconsin Investment Board became the first US state pension fund to invest directly in Bitcoin exchange-traded funds (ETFs), allocating approximately $160 million — about 0.1% of its total assets. Expansion of Bitcoin investment productsThe launch of spot Bitcoin ETFs has dramatically increased retail and institutional access. In the US, Bitcoin ETFs are projected to attract up to $3 billion in inflows in Q2 2025 alone.Major asset managers such as BlackRock now include Bitcoin in model portfolios, further embedding it in the traditional financial ecosystem.Advancements in market infrastructureBitcoin markets have matured thanks to a series of infrastructure upgrades:New custody solutions and insurance products have alleviated concerns about asset theft or loss.Clearer legal frameworks have made it easier for institutions to invest with confidence.Institutional-grade exchanges have improved liquidity and execution for large trades.Together, these changes have deepened market confidence and expanded institutional participation. Is Bitcoin really an inflation hedge? Counterarguments and limitations Bitcoin has a lot going for it — limited supply, decentralization and borderless utility — but several challenges complicate its role as an inflation hedge.It’s still wildly volatileEven in 2025, Bitcoin’s price can be erratic. It surged past $109,000 in March, then fell below $75,000 just weeks later. As of April, it’s hovering around $88,000 — a more than 20% drop.By contrast, traditional hedges like gold or treasury inflation-protected securities (TIPS) rarely move more than a few percent in a bad month. That kind of stability matters when trying to preserve purchasing power.Did you know? Despite their substantial Bitcoin acquisitions, companies like Strategy and Metaplanet have faced significant unrealized losses due to market volatility. In Q1 2025, Strategy reported a staggering $5.91 billion in unrealized losses on its Bitcoin holdings. Similarly, Metaplanet disclosed a net loss of $2.1 million for the nine-month period ending in 2025.Decentralized? Sort ofBitcoin is decentralized in principle, but real-world control is more concentrated:Five mining pools control over 67% of network hash power, raising concerns about potential 51% attacks.Just 2% of wallets hold 95% of all circulating BTC.This centralization undermines the idea of Bitcoin as a universally safe and democratic asset.People don’t really use it — They speculateDespite all the hype, Bitcoin still isn’t used much for everyday transactions:Network fees are often $5–$15.The Lightning Network was supposed to help but remains difficult to use and underfunded.Instead, stablecoins like Tether’s USDt (USDT) and USDC (USDC) now power over 60% of all crypto transactions — especially in emerging markets.Does Bitcoin protect against inflation?Bitcoin can serve as a hedge — but it’s a high-risk, high-volatility option. It behaves more like a speculative tech stock than a traditional inflation shield like gold or TIPS. If you’re looking for protection from inflation, Bitcoin might help — or it might drop 30% in a week. Either way, it’s not a guaranteed safety net.

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Bitcoin is showing signs of maturity as a global financial asset, with price volatility dropping to its lowest level in more than 500 days, according to new research.Volatility refers to the degree of variation of a trading price over time, which indicates the uncertainty about the size of changes in an asset’s value.Bitcoin (BTC) weekly volatility hit a 563-day low on April 30, said Vetle Lunde, the head of research at K33 Research.Source: Vetle LundeBitcoin’s decreasing volatility suggests BTC is maturing as a global financial asset, leading to a more stable price trajectory.Bitcoin has become the seventh-largest asset globally by market capitalization, reaching $1.87 trillion. It now ranks above Silver, Meta and Saudi Aramco, according to Companiesmarketcap.Top 10 global assets by market capitalization. Source: Companiesmarketcap Related: Bitcoin treasury firms driving $200T hyperbitcoinization — Adam BackBitcoin exchange deposits have also seen a “meaningful decline,” which suggests “reduced selling pressure and an uptick in conviction-driven custody behavior,” analysts from Bitfinex exchange told Cointelegraph, adding:“The divergence between price stability and shrinking exchange balances is critical, especially in a week following a $7.2 billion options expiry and heightened macro volatility.”“In the past, similar patterns have preceded upside continuation, as reduced supply meets sustained ETF and institutional bid,” they said.The comments come a day after BlackRock’s Bitcoin exchange-traded fund (ETF) recorded $970 million worth of inflows, marking its second-largest day of investments on record, Cointelegraph reported on April 29.Related: Coinbase to launch yield-bearing Bitcoin fund for institutionsBitcoin to hit $1 million by 2028: Arthur HayesThe recent market activity has reignited long-term bullish predictions. BitMEX co-founder Arthur Hayes said Bitcoin could hit $1 million by 2028, attributing the potential surge to aggressive monetary policy and rising institutional interest. “It’s time to go long everything,” said Hayes in a keynote speech at Token2049 in Dubai.“Don’t worry, Bitcoin is going to $1 million by 2028,” he said, attributing the upcoming rally to more “money printing” from the US Treasury.Source: CointelegraphOn April 21, Hayes predicted that the incoming US Treasury buybacks may present the next Bitcoin catalyst, which might mean that this is the “last chance” to buy Bitcoin below $100,000.Treasury buybacks refer to the US Treasury Department repurchasing its outstanding bonds from the open market to increase liquidity, manage federal debt or stabilize interest rates.Industry leaders in the investment management space have also predicted that Bitcoin may surpass the $1 million price tag.Cathie Wood’s Big Ideas 2025 Recap. Source: YouTubeInstitutional investors appear to be taking note. ARK Invest CEO Cathie Wood said the odds of Bitcoin surpassing $1.5 million by 2030 have increased due to what she called the “institutionalization” of the asset.“Many institutional investors are now looking at Bitcoin and thinking they need to add it to their asset allocation because its return and risk profile looks so much different than all the other assets in their portfolios,” Wood added.Bitcoin price targets 2030. Source: ARK InvestA potential rally to $1.5 million would assume that Bitcoin realizes an average compound annual growth rate of 58% during the next five years.Magazine: Bitcoin $100K hopes on ice, SBF’s mysterious prison move: Hodler’s Digest, April 20 – 26

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Key points:Bitcoin consolidates after upside momentum stalls, but traders are confident that upside breakout will result.Major risk-asset volatility is expected as US macro data precedes the monthly candle close.April BTC price performance is on track to be the best since 2020.Bitcoin (BTC) spent another day around $95,000 on April 30 as volatility waited in the wings.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin enjoys the calm before the stormData from Cointelegraph Markets Pro and TradingView showed calm trading conditions with hours to go until the monthly close and key US macro data.The latter comes in the form of Q1 GDP and the March print of the Personal Consumption Expenditures (PCE) index, known as the Federal Reserve’s “preferred” inflation gauge.The day prior, trading resource the Kobeissi Letter meanwhile pointed to consensus implying a negative GDP result.“All signs point to the first quarter of US GDP contraction since Q2 2022,” it wrote in an X post alongside data from prediction service Kalshi.Source: KalshiDespite the scope for flash volatility across risk assets, Bitcoin traders were increasingly convinced that BTC price upside would soon return.“It's going to be decision time for $BTC and $SPX I'd imagine within the next 24 hours,” popular trader Cold Blooded Shiller argued. “Either this loss of momentum results in the correction or we get clear of this and make a significant break into new highs. I still favour expansion upwards as the outcome.”BTC/USD vs. S&P 500 4-hour chart. Source: Cold Blooded Shiller/XCrypto trader, analyst and entrepreneur Michaël van de Poppe agreed.“Bitcoin nicely consolidating before the next leg upwards should initiate,” he summarized to X followers.BTC/USDT 1-day chart. Source: Michaël van de Poppe/XFellow trader Jelle and others meanwhile eyed a potential upside liquidity grab with asks thickening immediately above spot price, mostly clustering around $96,000.“Simply moving sideways for a while to prepare for the next leg higher,” he added in a separate X post on the day.Binance BTC/USDT order book liquidation heatmap. Source: Jelle/XBTC price eyes best April in yearsApril thus looked promising for BTC/USD against the background of lackluster Q1 performance.Related: Why is Bitcoin price stuck?Data from monitoring resource CoinGlass showed the pair up 15% month-to-date, the best April gains since 2020.BTC/USD monthly returns (screenshot). Source: CoinGlass“Bitcoin is on the cusp of a Monthly Close in the $93300-$96500 Monthly Range,” popular trader and analyst Rekt Capital commented in an X post on the topic.“A Monthly Close like this would solidify Bitcoin's position at these highs, even if downside wicking below $93300 could still occur in May (similar to Dec 2024 or Jan 2025 wicks).”BTC/USD 1-month chart. Source: Rekt Capital/XThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Key takeaways:Macro Chain Index issues first buy signal since 2022, hinting at a new Bitcoin bull run.RSI crossover on the MCI aligns with past cycle bottoms that preceded 500%+ BTC rallies.Bitcoin price recovers from $74K to $95K amid rising open interest and positive funding rates.A key Bitcoin (BTC) indicator that accurately signaled the 2022 market bottom has just flashed another buy signal, suggesting the cryptocurrency may be entering a new bull phase.Bitcoin metric hints at “absolute bottom”Dubbed the Macro Chain Index (MCI), the indicator is a composite of several long-term on-chain and macroeconomic metrics. It analyzes factors such as accumulation behavior, network activity, and supply trends, helping identify whether Bitcoin is undervalued or overvalued relative to its historical cycle position.The most important part of the current chart is the RSI (Relative Strength Index) of the MCI (purple). In April, the RSI crossed above its 52-week moving average (yellow), which has historically confirmed the start of Bitcoin bull runs.Bitcoin macro chain index. Source: Alpha ExtractThis RSI crossover previously appeared in 2015 ahead of Bitcoin’s surge to $20,000, in 2019 before the run to $65,000, and in late 2022 just before BTC bottomed near $15,500.If historical patterns hold, the April 2025 crossover means the beginning of a new bull run, particularly as several other indicators also point to Bitcoin breaking above its key psychological resistance at $100,000.“Our Macro Chain Index fired a long signal, the first buy signal since 2022, when it successfully went long at the absolute bottom,” Alpha Extract, the creator of the Macro Chain Index, stressed further, adding: “Considering that the fundamentals align and the market structure is gradually following, this is a significant call, imho.”Related: Bitcoin price always rallies at least 50% after these two patterns emergeBitcoin dipped by as much as 32% after establishing a record high of nearly $110,000 in January, a sharp decline caused primarily by US President Donald Trump’s global trade war. BTC/USD weekly price chart. Source: TradingViewBTC formed a local low below $74,450 in early April, but has since recovered to around $95,650 amid signs that it is “decoupling” from an otherwise bearish US stock market.Bitcoin open interest rises by $2.2 billion in AprilBitcoin’s recent price rebound is gaining strong support from futures markets, especially on Binance.Between January and early April, open interest (OI) on the exchange dropped from $11.9 billion to $7.5 billion, marking a 36.9% decline and signaling reduced confidence and lower leverage during the market downturn. But the trend flipped in mid-April.Over the past three weeks, traders have pushed open interest up by 29.3%, from $7.5 billion to $9.7 billion, aligning with Bitcoin’s price rise in spot markets.Bitcoin open interest (Binance) daily chart. Source: CryptoQuantThis synchronized rise in price and open interest shows that traders are entering new long positions, not just closing shorts. It signals growing confidence in Bitcoin’s upside.Funding rates have also stayed mostly positive, which means long-position holders are paying short sellers, a typical sign that the market expects higher prices.Bitcoin funding rates. Source: CryptoQuantThe rising open interest and positive funding rates are showing renewed bullish momentum, adding weight to the argument that Bitcoin could continue climbing toward $100,000 in the coming days.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

• #bitcoin

An elderly US individual is reportedly the victim of a devastating $330 million Bitcoin heist, now ranked as the fifth-largest crypto hack in history.The attacker used advanced social engineering tactics to gain access to the victim’s wallet, onchain investigator ZachXBT said in an April 30 update on X.The hack took place on April 28, 2025, when ZachXBT flagged a suspicious transfer involving 3,520 Bitcoin (BTC), valued at $330.7 million.Following the transfer, the stolen stash was quickly laundered through over six instant exchanges and swapped into privacy-focused cryptocurrency Monero (XMR).Onchain data shows that the victim had held over 3,000 BTC since 2017, with no prior history of large-scale transactions.ZachXBT confirming the victim of the hack. Source: ZachXBTOnce stolen, the attacker wasted no time laundering the Bitcoin using a peel chain method — a common obfuscation technique in which large sums are broken into smaller, harder-to-trace chunks.“$330M in BTC was received in two transactions, then immediately distributed via peel chains,” Yehor Rudytsia, onchain researcher at Hacken, explained to Cointelegraph.“Funds started to flow into multiple instant exchanges / mixers with small amounts, then mixers were distributing funds across multiple new wallets. The biggest funnelling chain is now consists of 40+ wallets.”Related: Loopscale recovers $2.8M after weekend DeFi hack and bounty talksOver 300 wallets and 20 exchanges were involvedHacken’s internal tool, Extractor, tracked $284 million worth of BTC funneled through these chains, which now amounts to around $60 million after repeated “peeling” and redistribution across low-credibility exchanges.Rudytsia said over 300 hacker wallets and 20+ exchanges or payment services were involved, including Binance.Cointelegraph has reached out to Binance for comment.“Major problem in cases like this (similar to Genesis creditor’s 4064 BTC theft back in Aug 2024) is that freezing centralized exchange accounts used in the laundering process is hardened due to particularly slow legal process of police reporting and investigations,” Rudytsia added.Adding to the complexity, the attacker rapidly converted a significant portion of the BTC into XMR. The move triggered a 50% surge in Monero’s price, with the token briefly reaching $339.“Once funds are swapped into Monero, tracing becomes virtually impossible due to its privacy-preserving architecture. The chance of recovery drops significantly after this step,” Cyvers Alerts senior security operations lead Hakan Unal said.Unal said that the attacker likely had pre-established accounts across multiple exchanges and OTC desks, suggesting a high degree of premeditation.A small portion of the stolen BTC was also bridged to Ethereum and deposited into various platforms, further complicating tracking efforts. Investigators have since alerted exchanges for potential freezing of funds.Related: North Korean hackers set up 3 shell companies to scam crypto devsNo familiar laundering tacticsZachXBT had previously dismissed the theory that North Korea’s Lazarus Group could have been behind the attack, suggesting independent hackers were responsible.ZachXBT dismissing North Korea theory. Source: ZachXBTWhile attribution remains uncertain, experts agree the laundering tactics show rare automation and coordination for a heist of this magnitude.“So far, we haven’t been able to confidently link this activity to any known hacker group, as the laundering methods used — while sophisticated — don’t clearly match the signature patterns of previously identified actors,” Unal noted.He recommended using multisignature (multisig) wallets to eliminate single points of failure, minimizing exposure to hot wallets connected to the internet, regularly rotating private keys, and relying on hardware-based cold storage to safeguard large Bitcoin holdings.In the first quarter of 2025, hackers stole more than $1.6 billion worth of crypto from exchanges and onchain smart contracts, blockchain security firm PeckShield said in an April report. More than 90% of those losses are attributable to a $1.5 billion attack on Bybit, a centralized cryptocurrency exchange, by North Korean hacking outfit Lazarus Group.Magazine: TV hit Peaky Blinders to launch crypto game, FIFA Rivals on Polkadot: Web3 Gamer

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Whale accumulation of over 43,100 BTC and falling exchange reserves signal bullish strength. Bitcoin’s ascending triangle and rising network activity support a potential breakout toward $98K.The post Bitcoin on the brink of $98K: Will these 2 factors ignite BTC's rally? appeared first on AMBCrypto.

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Semler Scientific CEO Eric Semler announced on April 30 via X that the company has acquired an additional 165 Bitcoins for $15.7 million.  The latest purchase brings the company’s total Bitcoin (BTC) holdings to 3,467 BTC, now valued at $330.6…

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An elderly US individual is reportedly the victim of a devastating $330 million Bitcoin heist, now ranked as the fifth-largest crypto hack in history.The attacker used advanced social engineering tactics to gain access to the victim’s wallet, onchain investigator ZachXBT said in an April 30 update on X.The hack took place on April 28, 2025, when ZachXBT flagged a suspicious transfer involving 3,520 Bitcoin (BTC), valued at $330.7 million.Following the transfer, the stolen stash was quickly laundered through over six instant exchanges and swapped into privacy-focused cryptocurrency Monero (XMR).Onchain data shows that the victim had held over 3,000 BTC since 2017, with no prior history of large-scale transactions.ZachXBT confirming the victim of the hack. Source: ZachXBTOnce stolen, the attacker wasted no time laundering the Bitcoin using a peel chain method — a common obfuscation technique in which large sums are broken into smaller, harder-to-trace chunks.“$330M in BTC was received in two transactions, then immediately distributed via peel chains,” Yehor Rudytsia, onchain researcher at Hacken, explained to Cointelegraph.“Funds started to flow into multiple instant exchanges / mixers with small amounts, then mixers were distributing funds across multiple new wallets. The biggest funnelling chain is now consists of 40+ wallets.”Related: Loopscale recovers $2.8M after weekend DeFi hack and bounty talksOver 300 wallets and 20 exchanges were involvedHacken’s internal tool, Extractor, tracked $284 million worth of BTC funneled through these chains, which now amounts to around $60 million after repeated “peeling” and redistribution across low-credibility exchanges.Rudytsia said over 300 hacker wallets and 20+ exchanges or payment services were involved, including Binance.Cointelegraph has reached out to Binance for comment.“Major problem in cases like this (similar to Genesis creditor’s 4064 BTC theft back in Aug 2024) is that freezing centralized exchange accounts used in the laundering process is hardened due to particularly slow legal process of police reporting and investigations,” Rudytsia added.Adding to the complexity, the attacker rapidly converted a significant portion of the BTC into XMR. The move triggered a 50% surge in Monero’s price, with the token briefly reaching $339.“Once funds are swapped into Monero, tracing becomes virtually impossible due to its privacy-preserving architecture. The chance of recovery drops significantly after this step,” Cyvers Alerts senior security operations lead Hakan Unal said.Unal said that the attacker likely had pre-established accounts across multiple exchanges and OTC desks, suggesting a high degree of premeditation.A small portion of the stolen BTC was also bridged to Ethereum and deposited into various platforms, further complicating tracking efforts. Investigators have since alerted exchanges for potential freezing of funds.Related: North Korean hackers set up 3 shell companies to scam crypto devsNo familiar laundering tacticsZachXBT had previously dismissed the theory that North Korea’s Lazarus Group could have been behind the attack, suggesting independent hackers were responsible.ZachXBT dismissing North Korea theory. Source: ZachXBTWhile attribution remains uncertain, experts agree the laundering tactics show rare automation and coordination for a heist of this magnitude.“So far, we haven’t been able to confidently link this activity to any known hacker group, as the laundering methods used — while sophisticated — don’t clearly match the signature patterns of previously identified actors,” Unal noted.He recommended using multisignature (multisig) wallets to eliminate single points of failure, minimizing exposure to hot wallets connected to the internet, regularly rotating private keys, and relying on hardware-based cold storage to safeguard large Bitcoin holdings.In the first quarter of 2025, hackers stole more than $1.6 billion worth of crypto from exchanges and onchain smart contracts, blockchain security firm PeckShield said in an April report. More than 90% of those losses are attributable to a $1.5 billion attack on Bybit, a centralized cryptocurrency exchange, by North Korean hacking outfit Lazarus Group.Magazine: TV hit Peaky Blinders to launch crypto game, FIFA Rivals on Polkadot: Web3 Gamer

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Michael Saylor suggested a powerful historic prototype of Bitcoin network

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Coinspeaker BitMEX Co-founder Arthur Hayes Re-Affirms $1.5 Million Bitcoin Price Target BitMEX founder Arthur Hayes believes Bitcoin could reach $1.5 million by 2028 as U.S. economic policy boosts liquidity. BitMEX Co-founder Arthur Hayes Re-Affirms $1.5 Million Bitcoin Price Target

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Bitcoin ETFs continued their winning streak with an eighth consecutive day of inflows, bringing in $173 million as Blackrock’s IBIT remained the dominant force. Ether ETFs held firm, notching their fourth straight day of inflows, led by Fidelity’s FETH. Bitcoin and Ether ETFs Keep Momentum With $191 Million Combined Inflows The crypto exchange-traded funds (ETF) […]

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Bitcoin in spotlight as realized capitalization breaks major milestone

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Bitcoin has surpassed the $95,000 as it continues to climb higher. Analysts predict the BTC rally could catapult the cryptocurrency back to its $100,000 level. According to data from crypto.news, the largest cryptocurrency by market cap has ended the month…

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Key takeaways:Macro Chain Index issues first buy signal since 2022, hinting at a new Bitcoin bull run.RSI crossover on the MCI aligns with past cycle bottoms that preceded 500%+ BTC rallies.Bitcoin price recovers from $74K to $95K amid rising open interest and positive funding rates.A key Bitcoin (BTC) indicator that accurately signaled the 2022 market bottom has just flashed another buy signal, suggesting the cryptocurrency may be entering a new bull phase.Bitcoin metric hints at “absolute bottom”Dubbed the Macro Chain Index (MCI), the indicator is a composite of several long-term on-chain and macroeconomic metrics. It analyzes factors such as accumulation behavior, network activity, and supply trends, helping identify whether Bitcoin is undervalued or overvalued relative to its historical cycle position.The most important part of the current chart is the RSI (Relative Strength Index) of the MCI (purple). In April, the RSI crossed above its 52-week moving average (yellow), which has historically confirmed the start of Bitcoin bull runs.Bitcoin macro chain index. Source: Alpha ExtractThis RSI crossover previously appeared in 2015 ahead of Bitcoin’s surge to $20,000, in 2019 before the run to $65,000, and in late 2022 just before BTC bottomed near $15,500.If historical patterns hold, the April 2025 crossover means the beginning of a new bull run, particularly as several other indicators also point to Bitcoin breaking above its key psychological resistance at $100,000.“Our Macro Chain Index fired a long signal, the first buy signal since 2022, when it successfully went long at the absolute bottom,” Alpha Extract, the creator of the Macro Chain Index, stressed further, adding: “Considering that the fundamentals align and the market structure is gradually following, this is a significant call, imho.”Related: Bitcoin price always rallies at least 50% after these two patterns emergeBitcoin dipped by as much as 32% after establishing a record high of nearly $110,000 in January, a sharp decline caused primarily by US President Donald Trump’s global trade war. BTC/USD weekly price chart. Source: TradingViewBTC formed a local low below $74,450 in early April, but has since recovered to around $95,650 amid signs that it is “decoupling” from an otherwise bearish US stock market.Bitcoin open interest rises by $2.2 billion in AprilBitcoin’s recent price rebound is gaining strong support from futures markets, especially on Binance.Between January and early April, open interest (OI) on the exchange dropped from $11.9 billion to $7.5 billion, marking a 36.9% decline and signaling reduced confidence and lower leverage during the market downturn. But the trend flipped in mid-April.Over the past three weeks, traders have pushed open interest up by 29.3%, from $7.5 billion to $9.7 billion, aligning with Bitcoin’s price rise in spot markets.Bitcoin open interest (Binance) daily chart. Source: CryptoQuantThis synchronized rise in price and open interest shows that traders are entering new long positions, not just closing shorts. It signals growing confidence in Bitcoin’s upside.Funding rates have also stayed mostly positive, which means long-position holders are paying short sellers, a typical sign that the market expects higher prices.Bitcoin funding rates. Source: CryptoQuantThe rising open interest and positive funding rates are showing renewed bullish momentum, adding weight to the argument that Bitcoin could continue climbing toward $100,000 in the coming days.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Bitcoin trades just around the key psychological resistance at $95,000 as bullish momentum continues to build following a resilient recovery phase marked by consolidation and declining intraday volume. Bitcoin On the daily chart, bitcoin shows signs of a V-shaped recovery, rebounding sharply from a local bottom of approximately $74,434 after a steep decline from $100,185. […]

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At Token2049, experts discuss the U.S. and China trade war outlook and how Bitcoin could become the next “arms race” for countries looking to maintain economic power. On April 30, founder and CEO of Ex Uno Plures, Zoltan Pozsar commented…

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Bitcoin maximalist Max Keiser expects BTC to pump hard

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His remarks come at a time when the crypto industry is navigating regulatory challenges. Many companies are searching for places to build sustainable and profitable operations. Lutnick advocates for Bitcoin businesses to set up in the U.S. He highlights the Trump administration’s efforts to make America a welcoming destination for crypto companies. This, he says, […] The post U.S. Secretary of Commerce Pushes for Bitcoin Mining Growth appeared first on Altcoin Buzz.

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Key points:Bitcoin consolidates after upside momentum stalls, but traders are confident that upside breakout will result.Major risk-asset volatility is expected as US macro data precedes the monthly candle close.April BTC price performance is on track to be the best since 2020.Bitcoin (BTC) spent another day around $95,000 on April 30 as volatility waited in the wings.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin enjoys the calm before the stormData from Cointelegraph Markets Pro and TradingView showed calm trading conditions with hours to go until the monthly close and key US macro data.The latter comes in the form of Q1 GDP and the March print of the Personal Consumption Expenditures (PCE) index, known as the Federal Reserve’s “preferred” inflation gauge.The day prior, trading resource the Kobeissi Letter meanwhile pointed to consensus implying a negative GDP result.“All signs point to the first quarter of US GDP contraction since Q2 2022,” it wrote in an X post alongside data from prediction service Kalshi.Source: KalshiDespite the scope for flash volatility across risk assets, Bitcoin traders were increasingly convinced that BTC price upside would soon return.“It's going to be decision time for $BTC and $SPX I'd imagine within the next 24 hours,” popular trader Cold Blooded Shiller argued. “Either this loss of momentum results in the correction or we get clear of this and make a significant break into new highs. I still favour expansion upwards as the outcome.”BTC/USD vs. S&P 500 4-hour chart. Source: Cold Blooded Shiller/XCrypto trader, analyst and entrepreneur Michaël van de Poppe agreed.“Bitcoin nicely consolidating before the next leg upwards should initiate,” he summarized to X followers.BTC/USDT 1-day chart. Source: Michaël van de Poppe/XFellow trader Jelle and others meanwhile eyed a potential upside liquidity grab with asks thickening immediately above spot price, mostly clustering around $96,000.“Simply moving sideways for a while to prepare for the next leg higher,” he added in a separate X post on the day.Binance BTC/USDT order book liquidation heatmap. Source: Jelle/XBTC price eyes best April in yearsApril thus looked promising for BTC/USD against the background of lackluster Q1 performance.Related: Why is Bitcoin price stuck?Data from monitoring resource CoinGlass showed the pair up 15% month-to-date, the best April gains since 2020.BTC/USD monthly returns (screenshot). Source: CoinGlass“Bitcoin is on the cusp of a Monthly Close in the $93300-$96500 Monthly Range,” popular trader and analyst Rekt Capital commented in an X post on the topic.“A Monthly Close like this would solidify Bitcoin's position at these highs, even if downside wicking below $93300 could still occur in May (similar to Dec 2024 or Jan 2025 wicks).”BTC/USD 1-month chart. Source: Rekt Capital/XThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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The business intelligence firm MicroStrategy, transformed into a Bitcoin powerhouse, has once again made headlines with a huge Bitcoin acquisition. Once again, under the direction of Executive Chairman Michael Saylor, the company purchased a large tranche of Bitcoin—15,355 BTC, to be exact—last week, at an average price of $92,737. So, once again, the company’s status as the largest corporate holder of Bitcoin is more or less ensured. And, once again, this seems to be a part of Saylor’s long-term, playbook commitment to accumulating Bitcoin. The recent purchase increases MicroStrategy’s total holdings to 553,555 BTC, with the newly acquired Bitcoins currently The post MicroStrategy Adds 15,355 Bitcoin Worth $1.42 Billion, Surges into Top 100 U.S. Companies appeared first on The Merkle News.

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Bitcoin is showing signs of maturity as a global financial asset, with price volatility dropping to its lowest level in more than 500 days, according to new research.Volatility refers to the degree of variation of a trading price over time, which indicates the uncertainty about the size of changes in an asset’s value.Bitcoin (BTC) weekly volatility hit a 563-day low on April 30, said Vetle Lunde, the head of research at K33 Research.Source: Vetle LundeBitcoin’s decreasing volatility suggests BTC is maturing as a global financial asset, leading to a more stable price trajectory.Bitcoin has become the seventh-largest asset globally by market capitalization, reaching $1.87 trillion. It now ranks above Silver, Meta and Saudi Aramco, according to Companiesmarketcap.Top 10 global assets by market capitalization. Source: Companiesmarketcap Related: Bitcoin treasury firms driving $200T hyperbitcoinization — Adam BackBitcoin exchange deposits have also seen a “meaningful decline,” which suggests “reduced selling pressure and an uptick in conviction-driven custody behavior,” analysts from Bitfinex exchange told Cointelegraph, adding:“The divergence between price stability and shrinking exchange balances is critical, especially in a week following a $7.2 billion options expiry and heightened macro volatility.”“In the past, similar patterns have preceded upside continuation, as reduced supply meets sustained ETF and institutional bid,” they said.The comments come a day after BlackRock’s Bitcoin exchange-traded fund (ETF) recorded $970 million worth of inflows, marking its second-largest day of investments on record, Cointelegraph reported on April 29.Related: Coinbase to launch yield-bearing Bitcoin fund for institutionsBitcoin to hit $1 million by 2028: Arthur HayesThe recent market activity has reignited long-term bullish predictions. BitMEX co-founder Arthur Hayes said Bitcoin could hit $1 million by 2028, attributing the potential surge to aggressive monetary policy and rising institutional interest. “It’s time to go long everything,” said Hayes in a keynote speech at Token2049 in Dubai.“Don’t worry, Bitcoin is going to $1 million by 2028,” he said, attributing the upcoming rally to more “money printing” from the US Treasury.Source: CointelegraphOn April 21, Hayes predicted that the incoming US Treasury buybacks may present the next Bitcoin catalyst, which might mean that this is the “last chance” to buy Bitcoin below $100,000.Treasury buybacks refer to the US Treasury Department repurchasing its outstanding bonds from the open market to increase liquidity, manage federal debt or stabilize interest rates.Industry leaders in the investment management space have also predicted that Bitcoin may surpass the $1 million price tag.Cathie Wood’s Big Ideas 2025 Recap. Source: YouTubeInstitutional investors appear to be taking note. ARK Invest CEO Cathie Wood said the odds of Bitcoin surpassing $1.5 million by 2030 have increased due to what she called the “institutionalization” of the asset.“Many institutional investors are now looking at Bitcoin and thinking they need to add it to their asset allocation because its return and risk profile looks so much different than all the other assets in their portfolios,” Wood added.Bitcoin price targets 2030. Source: ARK InvestA potential rally to $1.5 million would assume that Bitcoin realizes an average compound annual growth rate of 58% during the next five years.Magazine: Bitcoin $100K hopes on ice, SBF’s mysterious prison move: Hodler’s Digest, April 20 – 26

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The current trade-offs facing institutional Bitcoin holders are significant, but they may not be permanent

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Bitcoin Magazine Bitcoin Eyes New All-Time Highs: A Deep Dive into the Bullish Outlook for 2025 Bitcoin surges past $95K as momentum builds for a potential breakout. Can it surpass its $108K all-time high to continue the 2025 bull run? This post Bitcoin Eyes New All-Time Highs: A Deep Dive into the Bullish Outlook for 2025 first appeared on Bitcoin Magazine and is written by Conor Mulcahy.

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On-chain data shows that more than 85% of holders are now sitting on profits, raising speculations of short-term profit-taking. In an analysis published on Apr. 29 by CryptoQuant contributor Darkfost, the “supply in profit” metric, which tracks the percentage of…

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Coinspeaker Metaplanet Adds David Bailey to Its Strategic Board After Eric Trump, Will Bitcoin (BTC) Soar? Metaplanet is turbocharging its Bitcoin strategy by adding BTC Inc’s David Bailey to its advisory board alongside Eric Trump. Metaplanet Adds David Bailey to Its Strategic Board After Eric Trump, Will Bitcoin (BTC) Soar?

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Bitcoin whales go all-in with massive 43,100 BTC acquisition

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Understanding inflation and the need for hedges Bitcoin’s supply-and-demand dynamics, in addition to growing institutional adoption, position it as a potential hedge against inflation in 2025. However, its high volatility and centralization concerns mean it remains a speculative asset rather than a guaranteed safeguard against inflation.What is inflation? Inflation refers to the general increase in the prices of goods and services in an economy over time, leading to a decrease in the purchasing power of money. As prices rise, each unit of currency buys fewer goods and services. Inflation is typically measured by indexes such as the Consumer Price Index (CPI), which tracks the average change in the prices paid by consumers for a basket of goods and services.Traditional inflation hedgesTo protect against the eroding effects of inflation, investors have traditionally turned to certain asset classes known to retain value or appreciate during inflationary periods:Gold: Often considered a safe haven, gold has historically maintained its value and is viewed as a store of wealth during periods of high inflation.Real estate: Property values and rental income tend to rise with inflation, making real estate a common hedge.Inflation-indexed bonds: These government or corporate bonds adjust interest payments based on inflation rates, helping preserve purchasing power.These assets are favored because they either have intrinsic value or their returns are linked to inflation rates, offering a buffer against currency devaluation.Bitcoin as digital goldIn recent years, Bitcoin has entered the conversation as a potential modern hedge against inflation, dubbed “digital gold.” Advocates argue that Bitcoin’s decentralized nature and fixed supply of 21 million coins make it resistant to inflationary pressures. Unlike fiat currencies — which central banks can issue in unlimited quantities — Bitcoin’s (BTC) predetermined, limited supply creates digital scarcity, similar to precious metals. Its global accessibility and independence from monetary policy have positioned it as an attractive store of value for inflation-conscious investors. Does Bitcoin protect against inflation? Bitcoin’s fixed supply, decentralization and growing institutional adoption position it as a compelling hedge against inflation, especially during times of fiat currency instability.There are a few arguments to suggest so. Supply dynamics and market impactBitcoin’s capped supply of 21 million coins, along with the halving event that occurs every four years, are often cited as reasons for its inflation-resistant properties. But the real strength lies in how that scarcity interacts with market demand.When demand increases — whether driven by institutional interest or macroeconomic instability — the fixed supply can drive sharp price appreciation. This dynamic can make Bitcoin appealing during inflationary periods, as investors seek alternatives to devaluing fiat currencies.Decentralization and monetary policy independenceBitcoin is not subject to the policies of any central bank. Its monetary rules are hardcoded and transparent, reducing the risk of unexpected changes like quantitative easing or interest rate manipulation. This predictability appeals to investors looking for protection from inflation caused by government policies.Portability and accessibilityBeing entirely digital, Bitcoin can be transferred across borders instantly without relying on banks or intermediaries. This portability makes it particularly valuable in countries facing hyperinflation or capital controls, where citizens may need to move wealth quickly and securely.Market perception and institutional adoptionBitcoin’s legitimacy has grown with increasing institutional interest. Companies like Strategy and Tesla have added Bitcoin to their balance sheets, helping frame it as a viable long-term investment. As institutional adoption increases, so too does Bitcoin’s potential to serve as an inflation hedge in the eyes of mainstream investors.Did you know? Bitcoin’s performance has shown a notable correlation with global money supply growth. Analysts suggest that Bitcoin may serve as a barometer for global monetary dilution, offering insights into inflationary trends across economies. Bitcoin vs. inflation: The institutional adoption effect It’s not just retail investors getting involved with Bitcoin — institutions have been watching from the sidelines and are now stepping in with serious capital, providing Bitcoin investment products and developing state-of-the-art market infrastructure.Corporate Bitcoin pioneers: Strategy and MetaplanetIn 2025, institutional Bitcoin adoption has surged, led by companies like Strategy (formerly MicroStrategy) and Metaplanet.Strategy: Under Michael Saylor’s leadership, Strategy has accumulated around 538,200 BTC — valued at almost $47 billion as of April 2025;Metaplanet: Nicknamed “Asia’s MicroStrategy,” Metaplanet holds almost $430 million in Bitcoin (April 2025) and aims to reach 21,000 BTC by 2026. Did you know? In 2025, the State of Wisconsin Investment Board became the first US state pension fund to invest directly in Bitcoin exchange-traded funds (ETFs), allocating approximately $160 million — about 0.1% of its total assets. Expansion of Bitcoin investment productsThe launch of spot Bitcoin ETFs has dramatically increased retail and institutional access. In the US, Bitcoin ETFs are projected to attract up to $3 billion in inflows in Q2 2025 alone.Major asset managers such as BlackRock now include Bitcoin in model portfolios, further embedding it in the traditional financial ecosystem.Advancements in market infrastructureBitcoin markets have matured thanks to a series of infrastructure upgrades:New custody solutions and insurance products have alleviated concerns about asset theft or loss.Clearer legal frameworks have made it easier for institutions to invest with confidence.Institutional-grade exchanges have improved liquidity and execution for large trades.Together, these changes have deepened market confidence and expanded institutional participation. Is Bitcoin really an inflation hedge? Counterarguments and limitations Bitcoin has a lot going for it — limited supply, decentralization and borderless utility — but several challenges complicate its role as an inflation hedge.It’s still wildly volatileEven in 2025, Bitcoin’s price can be erratic. It surged past $109,000 in March, then fell below $75,000 just weeks later. As of April, it’s hovering around $88,000 — a more than 20% drop.By contrast, traditional hedges like gold or treasury inflation-protected securities (TIPS) rarely move more than a few percent in a bad month. That kind of stability matters when trying to preserve purchasing power.Did you know? Despite their substantial Bitcoin acquisitions, companies like Strategy and Metaplanet have faced significant unrealized losses due to market volatility. In Q1 2025, Strategy reported a staggering $5.91 billion in unrealized losses on its Bitcoin holdings. Similarly, Metaplanet disclosed a net loss of $2.1 million for the nine-month period ending in 2025.Decentralized? Sort ofBitcoin is decentralized in principle, but real-world control is more concentrated:Five mining pools control over 67% of network hash power, raising concerns about potential 51% attacks.Just 2% of wallets hold 95% of all circulating BTC.This centralization undermines the idea of Bitcoin as a universally safe and democratic asset.People don’t really use it — They speculateDespite all the hype, Bitcoin still isn’t used much for everyday transactions:Network fees are often $5–$15.The Lightning Network was supposed to help but remains difficult to use and underfunded.Instead, stablecoins like Tether’s USDt (USDT) and USDC (USDC) now power over 60% of all crypto transactions — especially in emerging markets.Does Bitcoin protect against inflation?Bitcoin can serve as a hedge — but it’s a high-risk, high-volatility option. It behaves more like a speculative tech stock than a traditional inflation shield like gold or TIPS. If you’re looking for protection from inflation, Bitcoin might help — or it might drop 30% in a week. Either way, it’s not a guaranteed safety net.

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Understanding inflation and the need for hedges Bitcoin’s supply-and-demand dynamics, in addition to growing institutional adoption, position it as a potential hedge against inflation in 2025. However, its high volatility and centralization concerns mean it remains a speculative asset rather than a guaranteed safeguard against inflation.What is inflation? Inflation refers to the general increase in the prices of goods and services in an economy over time, leading to a decrease in the purchasing power of money. As prices rise, each unit of currency buys fewer goods and services. Inflation is typically measured by indexes such as the Consumer Price Index (CPI), which tracks the average change in the prices paid by consumers for a basket of goods and services.Traditional inflation hedgesTo protect against the eroding effects of inflation, investors have traditionally turned to certain asset classes known to retain value or appreciate during inflationary periods:Gold: Often considered a safe haven, gold has historically maintained its value and is viewed as a store of wealth during periods of high inflation.Real estate: Property values and rental income tend to rise with inflation, making real estate a common hedge.Inflation-indexed bonds: These government or corporate bonds adjust interest payments based on inflation rates, helping preserve purchasing power.These assets are favored because they either have intrinsic value or their returns are linked to inflation rates, offering a buffer against currency devaluation.Bitcoin as digital goldIn recent years, Bitcoin has entered the conversation as a potential modern hedge against inflation, dubbed “digital gold.” Advocates argue that Bitcoin’s decentralized nature and fixed supply of 21 million coins make it resistant to inflationary pressures. Unlike fiat currencies — which central banks can issue in unlimited quantities — Bitcoin’s (BTC) predetermined, limited supply creates digital scarcity, similar to precious metals. Its global accessibility and independence from monetary policy have positioned it as an attractive store of value for inflation-conscious investors. Does Bitcoin protect against inflation? Bitcoin’s fixed supply, decentralization and growing institutional adoption position it as a compelling hedge against inflation, especially during times of fiat currency instability.There are a few arguments to suggest so. Supply dynamics and market impactBitcoin’s capped supply of 21 million coins, along with the halving event that occurs every four years, are often cited as reasons for its inflation-resistant properties. But the real strength lies in how that scarcity interacts with market demand.When demand increases — whether driven by institutional interest or macroeconomic instability — the fixed supply can drive sharp price appreciation. This dynamic can make Bitcoin appealing during inflationary periods, as investors seek alternatives to devaluing fiat currencies.Decentralization and monetary policy independenceBitcoin is not subject to the policies of any central bank. Its monetary rules are hardcoded and transparent, reducing the risk of unexpected changes like quantitative easing or interest rate manipulation. This predictability appeals to investors looking for protection from inflation caused by government policies.Portability and accessibilityBeing entirely digital, Bitcoin can be transferred across borders instantly without relying on banks or intermediaries. This portability makes it particularly valuable in countries facing hyperinflation or capital controls, where citizens may need to move wealth quickly and securely.Market perception and institutional adoptionBitcoin’s legitimacy has grown with increasing institutional interest. Companies like Strategy and Tesla have added Bitcoin to their balance sheets, helping frame it as a viable long-term investment. As institutional adoption increases, so too does Bitcoin’s potential to serve as an inflation hedge in the eyes of mainstream investors.Did you know? Bitcoin’s performance has shown a notable correlation with global money supply growth. Analysts suggest that Bitcoin may serve as a barometer for global monetary dilution, offering insights into inflationary trends across economies. Bitcoin vs. inflation: The institutional adoption effect It’s not just retail investors getting involved with Bitcoin — institutions have been watching from the sidelines and are now stepping in with serious capital, providing Bitcoin investment products and developing state-of-the-art market infrastructure.Corporate Bitcoin pioneers: Strategy and MetaplanetIn 2025, institutional Bitcoin adoption has surged, led by companies like Strategy (formerly MicroStrategy) and Metaplanet.Strategy: Under Michael Saylor’s leadership, Strategy has accumulated around 538,200 BTC — valued at almost $47 billion as of April 2025;Metaplanet: Nicknamed “Asia’s MicroStrategy,” Metaplanet holds almost $430 million in Bitcoin (April 2025) and aims to reach 21,000 BTC by 2026. Did you know? In 2025, the State of Wisconsin Investment Board became the first US state pension fund to invest directly in Bitcoin exchange-traded funds (ETFs), allocating approximately $160 million — about 0.1% of its total assets. Expansion of Bitcoin investment productsThe launch of spot Bitcoin ETFs has dramatically increased retail and institutional access. In the US, Bitcoin ETFs are projected to attract up to $3 billion in inflows in Q2 2025 alone.Major asset managers such as BlackRock now include Bitcoin in model portfolios, further embedding it in the traditional financial ecosystem.Advancements in market infrastructureBitcoin markets have matured thanks to a series of infrastructure upgrades:New custody solutions and insurance products have alleviated concerns about asset theft or loss.Clearer legal frameworks have made it easier for institutions to invest with confidence.Institutional-grade exchanges have improved liquidity and execution for large trades.Together, these changes have deepened market confidence and expanded institutional participation. Is Bitcoin really an inflation hedge? Counterarguments and limitations Bitcoin has a lot going for it — limited supply, decentralization and borderless utility — but several challenges complicate its role as an inflation hedge.It’s still wildly volatileEven in 2025, Bitcoin’s price can be erratic. It surged past $109,000 in March, then fell below $75,000 just weeks later. As of April, it’s hovering around $88,000 — a more than 20% drop.By contrast, traditional hedges like gold or treasury inflation-protected securities (TIPS) rarely move more than a few percent in a bad month. That kind of stability matters when trying to preserve purchasing power.Did you know? Despite their substantial Bitcoin acquisitions, companies like Strategy and Metaplanet have faced significant unrealized losses due to market volatility. In Q1 2025, Strategy reported a staggering $5.91 billion in unrealized losses on its Bitcoin holdings. Similarly, Metaplanet disclosed a net loss of $2.1 million for the nine-month period ending in 2025.Decentralized? Sort ofBitcoin is decentralized in principle, but real-world control is more concentrated:Five mining pools control over 67% of network hash power, raising concerns about potential 51% attacks.Just 2% of wallets hold 95% of all circulating BTC.This centralization undermines the idea of Bitcoin as a universally safe and democratic asset.People don’t really use it — They speculateDespite all the hype, Bitcoin still isn’t used much for everyday transactions:Network fees are often $5–$15.The Lightning Network was supposed to help but remains difficult to use and underfunded.Instead, stablecoins like Tether’s USDt (USDT) and USDC (USDC) now power over 60% of all crypto transactions — especially in emerging markets.Does Bitcoin protect against inflation?Bitcoin can serve as a hedge — but it’s a high-risk, high-volatility option. It behaves more like a speculative tech stock than a traditional inflation shield like gold or TIPS. If you’re looking for protection from inflation, Bitcoin might help — or it might drop 30% in a week. Either way, it’s not a guaranteed safety net.

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Prominent investor Kiyosaki reveals options the community will have should Bitcoin collapse to $300

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TLDR BlackRock’s IBIT ETF recorded $1 billion in inflows on Monday, driving Bitcoin toward $95,500 Bitcoin supply on exchanges hit a 7-year low, reducing selling pressure in the market US JOLTS data showing fewer job openings raised hopes for Federal Reserve rate cuts Fidelity Digital Assets considers Bitcoin “undervalued” despite recent price increases Altcoins like [...] The post Bitcoin (BTC) Price: Exchange Supply Hits 7-Year Low While ETF Demand Grows appeared first on Blockonomi.

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Bitcoin's bullish momentum has been strong in the short term Tether gave key insights into the market sentiment, but the signals may be slightly conflicting At press time, Bitcoin [BTC] was The post Tether flashes mixed signals as Bitcoin sees green - What should you do? appeared first on AMBCrypto.

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The initiative calls for removing arbitrary limits on OP_Return outputs—special Bitcoin transactions used to carry data. It also suggests scrapping the configuration settings -datacarrier and -datacarriersize, which currently restricts how much data users can include. Though these rules are meant to protect the Bitcoin network from spam, Todd argues they’re mostly symbolic at this point. […] The post Bitcoin Dev Proposes Expanding Data Capacity on BTC appeared first on Altcoin Buzz.

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El Salvador is continuing to buy Bitcoin even after agreeing to scale back purchases as part of a $1.4 billion deal with the International Monetary Fund. The Central American nation’s Bitcoin Office is still buying Bitcoin (BTC) despite signing a…

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Quantum computing could pose a national security threat

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Key Takeaways:Fidelity Digital Assets says Bitcoin is undervalued and the firm holds an optimistic mid-term outlook.The JOLTS report shows a sharp drop in open US jobs, raising investors’ hope for Fed interest rate cuts. According to Fidelity Digital Assets, Bitcoin’s (BTC) mid-term outlook dropped to an “optimism” zone, as the investment firm noted that BTC is trending toward “undervaluation.” As proof, the firm cited the ‘Bitcoin Yardstick’ metric, which measures BTC’s market cap divided by its hashrate. A lower ratio suggests that Bitcoin is “cheaper” relative to the energy security of its network. In Q1 2025, the metric stayed between -1 and 3 standard deviations, cooling from its Q4 2024 overheated levels. The number of days above 2-standard deviations dropped from 22 to 15, with none above 3, indicating that Bitcoin is less expensive compared to its network strength. Bitcoin Yardstick chart. Source: Fidelity Digital Assets ReportThe investment firm mentioned that Bitcoin is in an “acceleration phase,” where rallies to new highs aren’t uncommon, though they caution a blow-off top could take place. Illiquid supply rose from 61.50% to 63.49%, while liquid supply fell by 4%, indicating holders are increasingly committed to long-term positions. The Illiquid Supply Shock Ratio, currently 16% below its 2017 peak.Bitcoin Liquid and Illiquid supply. Source: Fidelity Digital Asset Signals ReportIn line with this view, Cointelegraph reported that BlackRock’s iShares Bitcoin Trust (IBIT) ETF recorded a significant inflow of $970.9 million on April 28, 2025, marking its second-largest daily inflow since its January 2024 launch.Since April 22, IBIT has amassed over $4.5 billion in net inflows, defying broader market trends where competitors like Fidelity’s FBTC and ARK’s ARKB faced outflows. With over $54 billion in assets under management, IBIT holds a 51% share of the US spot Bitcoin ETF market.Related: BlackRock Bitcoin ETF buys $970M in BTC as inflows surge, boost marketBitcoin gets a boost from US JOLTS data The March 2025 US Job Openings and Labor Turnover Summary (JOLTS) report showed a plunge to 7.19 million from February’s 7.57 million, below the 7.48 million forecast. A lower-than-expected JOLTS number signals a cooling labor market, raising expectations for Federal Reserve rate cuts, which weakens the dollar and lifts risk assets like Bitcoin. Conversely, a higher-than-expected figure suggests economic strength, potentially delaying cuts and pressuring crypto prices. With federal layoffs at a 2020 peak, market expectations are leaning slightly dovish.Economist and Bitcoin commentator Alex Kruger identified the JOLTS data as a short-term win for Bitcoin, as a “risk/gold hybrid” poised to gain from tariff de-escalation after Trump’s 90-day pause (ending July 8). In an X post, the analyst predicted that markets may focus on earnings guidance from firms like Caterpillar and tech stocks, while keeping an eye on next week’s Federal Open Market Committee (FOMC) meet, where Powell might signal earlier rate cuts. Kruger warned of a Q3 economic slowdown where the markets may be volatile, but he also said that Bitcoin’s unique risk-reward would outperform altcoins, which the analyst pointed out as overbought.Related: Bitcoin 'hot supply' nears $40B as new investors flood in at $95KThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Key points:Weak labor and consumer data often precede Bitcoin rallies, leading some analysts to anticipate future economic stimulus programs.Job openings fell to 7.2 million in March versus the 7.5 million forecast and consumer confidence hit its lowest level since January 2021.If past patterns hold, Bitcoin could rally by mid-July and possibly reach $140,000 by October 2025.Macroeconomic conditions have long been seen as a major influence on cryptocurrency prices. Generally, Bitcoin (BTC) and altcoins perform poorly when investors fear that employment and consumer data are weakening. According to a US Labor Department JOLTS report released on April 29, job openings in March approached their lowest levels in four years. US employers posted 7.2 million vacancies in March, below the 7.5 million that economists had forecast. Meanwhile, US consumer confidence fell for the fifth straight month in April, reaching its lowest point since January 2021. US Consumer Confidence (left) vs. Total non-farm US job openings (right). Source: TradingView/CointelegraphWorsening conditions raise the chances that central banks will introduce economic stimulus measures, making the overall impact on cryptocurrency markets uncertain. Typically, the additional liquidity encourages investment in risk-on assets like Bitcoin, as more capital flows into the economy.Future expectations matter more than today’s weak economic dataThe last time the US experienced a drop in job openings and weakening consumer confidence was between January and June 2024. In the three months that followed, Bitcoin’s price moved between $53,000 and $66,000. Then, a 60% rally began in mid-October, pushing BTC above $100,000. The final result was positive, but it took more than 105 days for this effect to show in the cryptocurrency market.Bitcoin/USD, log scale. Source: TradingView / CointelegraphAlthough these conditions may seem worrying at first, weaker labor and consumer sentiment are usually backward-looking. Financial markets and companies base their decisions on expectations for future economic growth, rather than just past data. Also, improved sentiment among crypto investors tends to come after there is some confirmation of better macroeconomic conditions. This explains why the 105-day lag is not unusual.Before 2024, a similar situation occurred between January and June 2023, with declines in both job market data and consumer confidence. The next four months were difficult, as Bitcoin’s price fell 18% to $25,000. It took 115 days for the price to recover to $30,500 by late October. However, the following two months were very positive, with BTC gaining 45% to reach $43,900.Bitcoin/USD in 2020, log scale. Source: TradingView / CointelegraphThe last time in the past eight years when both the labor market and consumer confidence suffered significantly was between February 2020 and May 2020, right after the implementation of the COVID-19 lockdowns. This period saw Bitcoin briefly drop below $4,000 on March 13, 2020. As a result, a longer period of consolidation was expected before investors regained confidence in the crypto markets.Related: Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIGCould Bitcoin hit $140,000 by October?Looking back at the macroeconomic data, there was no major impact on Bitcoin between May 2020 and September 2020, as its price increased from $8,900 to $10,600, a 20% gain. However, the next 60 days brought an impressive 85% rally to $19,700. For the third time, weaker labor and consumer sentiment data seemed to come before a rally in Bitcoin prices.While the time between the lowest point of economic conditions and Bitcoin’s rally ranged from 105 to 130 days, the result was clear in all three cases. Therefore, if US job openings and consumer confidence improve from April 2025, it is likely that Bitcoin’s price will start to rise by mid-July. If history repeats itself, this could mean a minimum target of $140,000 by October 2025, but further positive macroeconomic data is needed to confirm this outlook.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

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Key takeaways:Richard Byworth says Michael Saylor’s Strategy could ramp up its Bitcoin buys by acquiring cash-rich companies and converting their cash into Bitcoin.He says that Strategy should consider accelerating purchases as the Bitcoin supply on exchanges continues to decline.Byworth argues that aggressively increasing Bitcoin holdings would boost Strategy’s mNAV, benefiting shareholders.Michael Saylor’s Strategy should take a more aggressive approach to buying Bitcoin by acquiring companies to use their cash holdings to fund purchases and do away with over-the-counter buys, a crypto executive says.“Saylor’s strategy so far has been the right one,” Syz Capital partner and Jan3 adviser Richard Byworth said on an April 29 podcast.Strategy should try “super aggressive” buyingHowever, Byworth pondered what happens when Bitcoin (BTC) reaches an “illiquid supply” point where no Bitcoin is left on crypto exchanges or over-the-counter (OTC) desks.“Should Saylor buy Bitcoin really carelessly? As in, not try and buy it through OTC desks…and actually just buy it with the intention of massively ramping the price,” Byworth said.“The point where things are getting less liquid, maybe you should try for a period going super aggressive, super careless buying, market impact all across, and push the price higher.”Strategy currently holds 553,555 BTC, valued at approximately $52.48 billion at the time of publication, according to Saylor Tracker. Fidelity Digital Assets said on April 24 that it has seen Bitcoin supply on exchanges dropping due to purchases by public companies, which it anticipated would accelerate “in the near future.” Byworth said a firm like Strategy wouldn’t be concerned with the price of Bitcoin when buying it as its primary focus would be on its mNAV (multiple of Net Asset Value), the value of the assets held, as “it is much more beneficial to [its] shareholders.”Richard Byworth spoke to Bram Kanstein on the Bitcoin for Millennials podcast. Source: Bram KansteinHe added that when there is no more Bitcoin, “you may as well go aggressive buying, because what happens is it will just ramp the price, it will massively increase [Strategy’s] MNAV, which means [its] dilution will become much more accretive.”Movements in the NAV premium and discount can give signals about market sentiment or potential future price movements.Related: New Bitcoin price all-time highs could occur in May — Here is whyByworth said that Japan has a “large number of zombie companies” holding significant cash reserves. He proposed that Strategy could adopt an aggressive approach by acquiring these companies and “immediately converting that cash into Bitcoin,” similar to the strategy taken by Japanese investment firm Metaplanet.“There are plenty of companies out there in Japan like that, sitting on these cash flow generative businesses that are pretty boring and have very low price-to-cash ratios,” Byworth added.On April 21, Metaplanet increased its Bitcoin holdings to more than $400 million after its latest $28 million purchase.Bitcoin is trading at $94,680 at the time of publication. Source: CoinMarketCapByworth’s comments come as Bitcoin trades below the psychological $100,000 price level, a threshold it fell below in early February, which has widely been attributed to the tariffs imposed by US President Donald Trump.Bitcoin is trading at $94,680, down 13.22% from its all-time high of $109,000 reached in January, according to data from CoinMarketCap.Magazine: TV hit Peaky Blinders to launch crypto game, FIFA Rivals on Polkadot: Web3 GamerThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Bitcoin is now battling an obstacle around $95k amid the hike in retail sell-offs Key price and validation models projected BTC could hit $150k-$200k in 2025 Bitcoin [BTC] has extended its pThe post $150K or $210K? Here's what key models are projecting for Bitcoin's price in 2025 appeared first on AMBCrypto.

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Bitcoin's rising price has been accompanied by negative netflows from exchanges Metrics underlined confidence in the crypto's current rally Bitcoin's [BTC] price has slowly but steadily madeThe post How confident are Bitcoin holders right now? Data suggests breach of $95K means... appeared first on AMBCrypto.

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Bitcoin has gained over 28% in value since its April 7th low, marking a strong recovery that has shifted market sentiment in favor of the bulls. The leading cryptocurrency is now holding firmly above the $90,000 level, a key psychological and technical zone that suggests momentum is back on the side of buyers. However, risks […]

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The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling over 80% of reported activity. Bitcoin mining is now 52.4% reliant on sustainable energy, with hydropower (23.4%) and wind (15.4%) as leading sources. North America Dominance According to the latest Cambridge Centre for Alternative Finance […]

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U.S. — China tensions are driving a long-term shift in global trade dependencies. Bitcoin shows bullish potential amid rising geopolitical and economic uncertainty. Global trade is undergoThe post Ray Dalio warns: Global order set to collapse! Will Bitcoin benefit? appeared first on AMBCrypto.

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Key takeaways:Richard Byworth says Michael Saylor’s Strategy could ramp up its Bitcoin buys by acquiring cash-rich companies and converting their cash into Bitcoin.He says that Strategy should consider accelerating purchases as the Bitcoin supply on exchanges continues to decline.Byworth argues that aggressively increasing Bitcoin holdings would boost Strategy’s mNAV, benefiting shareholders.Michael Saylor’s Strategy should take a more aggressive approach to buying Bitcoin by acquiring companies to use their cash holdings to fund purchases and do away with over-the-counter buys, a crypto executive says.“Saylor’s strategy so far has been the right one,” Syz Capital partner and Jan3 adviser Richard Byworth said on an April 29 podcast.Strategy should try “super aggressive” buyingHowever, Byworth pondered what happens when Bitcoin (BTC) reaches an “illiquid supply” point where no Bitcoin is left on crypto exchanges or over-the-counter (OTC) desks.“Should Saylor buy Bitcoin really carelessly? As in, not try and buy it through OTC desks…and actually just buy it with the intention of massively ramping the price,” Byworth said.“The point where things are getting less liquid, maybe you should try for a period going super aggressive, super careless buying, market impact all across, and push the price higher.”Strategy currently holds 553,555 BTC, valued at approximately $52.48 billion at the time of publication, according to Saylor Tracker. Fidelity Digital Assets said on April 24 that it has seen Bitcoin supply on exchanges dropping due to purchases by public companies, which it anticipated would accelerate “in the near future.” Byworth said a firm like Strategy wouldn’t be concerned with the price of Bitcoin when buying it as its primary focus would be on its mNAV (multiple of Net Asset Value), the value of the assets held, as “it is much more beneficial to [its] shareholders.”Richard Byworth spoke to Bram Kanstein on the Bitcoin for Millennials podcast. Source: Bram KansteinHe added that when there is no more Bitcoin, “you may as well go aggressive buying, because what happens is it will just ramp the price, it will massively increase [Strategy’s] MNAV, which means [its] dilution will become much more accretive.”Movements in the NAV premium and discount can give signals about market sentiment or potential future price movements.Related: New Bitcoin price all-time highs could occur in May — Here is whyByworth said that Japan has a “large number of zombie companies” holding significant cash reserves. He proposed that Strategy could adopt an aggressive approach by acquiring these companies and “immediately converting that cash into Bitcoin,” similar to the strategy taken by Japanese investment firm Metaplanet.“There are plenty of companies out there in Japan like that, sitting on these cash flow generative businesses that are pretty boring and have very low price-to-cash ratios,” Byworth added.On April 21, Metaplanet increased its Bitcoin holdings to more than $400 million after its latest $28 million purchase.Bitcoin is trading at $94,680 at the time of publication. Source: CoinMarketCapByworth’s comments come as Bitcoin trades below the psychological $100,000 price level, a threshold it fell below in early February, which has widely been attributed to the tariffs imposed by US President Donald Trump.Bitcoin is trading at $94,680, down 13.22% from its all-time high of $109,000 reached in January, according to data from CoinMarketCap.Magazine: TV hit Peaky Blinders to launch crypto game, FIFA Rivals on Polkadot: Web3 GamerThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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As BlackRock accelerates its expansion into digital assets in 2025, the divergence between Bitcoin and Ethereum in institutional adoption has become increasingly pronounced. In a interview on the Empire podcast, Samara Cohen, Senior Managing Director and Chief Investment Officer of ETF and Index Investments at BlackRock, offered a rare window into how the world’s largest […]

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The US's strategic push to dominate Bitcoin could reshape global financial power dynamics, influencing innovation and regulatory landscapes. The post Bitcoin space race is on and US wants to win it: Bo Hines appeared first on Crypto Briefing.

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Bitcoin network sees major hashrate surge as miner activity and interest increase

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ProShares' leveraged XRP ETF will not debut on the 30th of April as previously expected.  Market data warned of a potential drop to $2 or below in May.  Ripple [XRP] ETF has remained a hotThe post Crypto today: XRP rallies on ETF buzz and legal hopes as Bitcoin holds $95K appeared first on AMBCrypto.

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The Dogecoin price has just completed a key technical breakout against Bitcoin (BTC), potentially signaling the start of a significant rally. According to the analyst who identified the Falling Wedge breakout,  Dogecoin may also outperform Bitcoin in this market cycle.  Dogecoin Price Eyes Pump After Falling Wedge Breakout On April 27, Trader Tardigrade, an X […]

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