Tag: Bitcoin

Strategy tops BlackRock’s IBIT in Bitcoin holdings after latest purchase

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Strategy, the largest corporate Bitcoin treasury, has moved back ahead of BlackRock’s iShares Bitcoin Trust in Bitcoin holdings after announcing one of its biggest purchases to date. The company said on April 20 that it bought 34,164 BTC for about $2.54 billion at an average price of $74,395 per coin, lifting Strategy’s total holdings to 815,061 BTC. BlackRock’s IBIT, by comparison, held 802,824 BTC as of April 20, leaving Strategy with a lead of about 12,200 BTC. The company’s total Bitcoin stash was acquired for roughly $61.56 billion at an…

Bitcoin Short Squeeze Bets Return With Market ‘Heavily Short and Bearish’

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Bitcoin (BTC) sought to match ten-week highs on Tuesday as market participants bet on a new short squeeze. Key points: Bitcoin is due a fresh short squeeze as funding rates uniquely stay negative as price grinds higher, say market pundits. Short-term targets include a trip to $85,000 in the coming weeks. Bitcoin bulls still need to clear the nearby 21-week trend line keeping price pinned since October 2025. “Cannon is loaded” for Bitcoin short squeeze Data from TradingView showed BTC/USD approaching $77,000 for the first time this weekly candle. BTC/USD…

Bitcoin Reclaims $76K As Coinbase Spot Volume Soars

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Bitcoin (BTC) rebounded above $76,000 on Tuesday, after the spot market demand on Coinbase exchange saw a second week of bullish volume trends. Net spot buy volume has climbed sharply over the past 15 days, signaling sustained strength from bulls, but will BTC be able to turn the $75,000 level into a long-term support level? Coinbase demand keeps spot volumes trending higher The aggregated spot cumulative volume delta (CVD) continues to trend higher, rising to $517 million on Tuesday, up from $55 million on April 17. The broader CVD across…

Can Bitcoin Break Above $80K Next?

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The CBOE Volatility Index (VIX), a preferred Wall Street metric to measure investor sentiment and market risk, dropped by over 45% in under a month. For Bitcoin (BTC), this could be a significant bullish signal. VIX daily performance chart. Source: TradingView Key takeaways: Bitcoin may rise toward $82,700 if VIX keeps underperforming. BTC’s upside outlook gets a boost from Strategy’s BTC buying spree. Weakening VIX hints at BTC rising to $82,700 Often called Wall Street’s “fear gauge,” the VIX tracks how much volatility traders expect in the S&P 500 index…

Bitcoin hits $76,720 after Strategy’s $2.5B buy, US-Iran tensions ease

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Bitcoin hit $76,720, up 2%, after MicroStrategy’s $2.54B purchase and easing US-Iran tensions. The market for a Bitcoin dip to $60,000 in April sits at 15% YES. Market reaction MicroStrategy’s $2.54 billion Bitcoin buy, their third-largest ever, is adding fuel to an already bullish April. Combined with a US-Iran ceasefire, Bitcoin has pushed past $76,000. The Bitcoin price in April market trades at 85% for a sustained rally above $60,000. Near-term sub-markets show the sharpest moves. Traders are betting on Bitcoin holding its upward path through April. The spread between…

Bitcoin Price May Go Under $70K Despite Strategy’s Latest Big BTC Buy

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Bitcoin (BTC) rose 2.66% to around $75,800 on Monday after Strategy disclosed a $2.54 billion purchase, the company’s third biggest ever, and equivalent to about 2.5 months of new BTC supply. However, several indicators suggest the rally may fizzle out. BTC/USD daily chart. Source: TradingView Key takeaways: Poor macro conditions can spark BTC price pullback if Strategy’s buying slows. Bitcoin’s technical setup hints at a potential dip toward $67,000–$69,000. Strategy may halt BTC purchases this week Strategy funded most of its latest 34,164 BTC purchase through its preferred stock, Stretch…

Fake Police Raid Scam Forces Victim to Send $1M in Bitcoin

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Key takeaways Crypto security is expanding beyond digital threats, with criminals increasingly targeting individuals directly through physical coercion rather than trying to exploit blockchain vulnerabilities or hack wallets. The French case illustrates how attackers used a fake police raid and violence to force a Bitcoin transfer worth $1 million, bypassing encryption entirely by compelling the victim to authorize the transaction. Wrench attacks are rising, with criminals using threats or force instead of technical exploits. This highlights how human vulnerability can override even the most secure cryptographic systems. Impersonating authority figures…

Bitcoin Price Eyes Fresh Upside, Traders Watch For Breakout Move

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Bitcoin price started a recovery wave from the $73,650 zone. BTC is consolidating and might struggle to clear the $76,500 resistance zone. Bitcoin managed to form a base above $74,000 and started a recovery wave. The price is trading above $75,000 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $75,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $76,500 zone. Bitcoin Price Aims Higher…

Bitcoin Holds $75K As Altcoins Search For Bullish Momentum

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Key points: Buyers aggressively bought into the dip in Bitcoin, indicating positive sentiment. That increases the possibility of a rally to $84,000. Several major altcoins have pulled back to their support levels, signaling that the bears remain sellers on rallies. Bitcoin (BTC) corrected over the weekend but is finding buyers at lower levels, indicating a positive sentiment. According to SoSoValue data, US spot BTC exchange-traded funds recorded $996 million in inflows last week, the best weekly performance since early January.  The cryptocurrency recovery may be at risk if the US…

Tether Takes 8.2% Stake in Antalpha, Backs Bitcoin Mining Finance

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Tether has taken an 8.2% stake in Antalpha, making the stablecoin issuer one of the company’s largest shareholders following its May 2025 initial public offering (IPO), according to a Monday filing. The Schedule 13D filing with the US Securities and Exchange Commission indicates that Tether now holds 1.95 million shares through related entities, with Giancarlo Devasini, chairman of Tether, sharing voting and dispositive power over the position. The filing also states that Tether and its related entities may increase or reduce their holdings over time depending on market conditions and other…