Strategy added 1,895 Bitcoin using stock sale proceeds, while Semler Scientific boosted its holdings to 3,634 BTC, highlighting rising corporate adoption. Michael Saylor’s Strategy, formerly known as MicroStrategy, acquired an additional 1,895 Bitcoin (BTC) last week, spending roughly $180.3 million between April 28 and May 4, according to a filing with the SEC on Monday. The average purchase price was $95,167 per Bitcoin. The company funded the purchase by selling 353,825 shares of its MSTR common stock and 575,392 shares of STRK preferred stock. The equity sale was part of…
Month: May 2025
Bitcoin Faces Political Headwinds Even as the Best Presales Keep Finding Investors
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The close of last week coughed up some rather unpleasant news for Bitcoin (and crypto) supporters. Arizona’s governor, Katie Hobbs, announced her decision to veto Senate Bill 1025, also known as the ‘Arizona Strategic Bitcoin Reserve…
Bitcoin Price Watch: Short-Term Downtrend Emerges as Bulls Lose Grip
Bitcoin traded between $94,089 and $94,305 over the last hour, while its market capitalization stood at $1.86 trillion. Daily trade volume reached $19.74 billion, with the 24-hour price range spanning $93,806 to $95,741. Bitcoin On the 1-hour chart, bitcoin continues to reflect a short-term bearish structure, following a consistent series of lower highs and lower […] Original
BlackRock holds at least $5.4b in Bitcoin-related holdings, new filing shows
BlackRock revealed its Bitcoin-related holdings, primarily tied to its multi-billion-dollar investments in Strategy. Major financial institutions are steadily building their Bitcoin (BTC) positions. According to BlackRock’s form 13F filing, detailing its institutional holdings for the first quarter of 2025, the asset manager held $5.4 billion in Bitcoin-related equities in the United States. The vast majority of these assets come from BlackRock’s exposure to Michael Saylor’s Strategy, which is currently the biggest Bitcoin holder. The company makes leveraged Bitcoin buying the core of its business model and often outperforms Bitcoin itself.…
Strategy, Semler bag 2K Bitcoin as price edged toward $100K last week
Michael Saylor’s Strategy, one of the world’s largest corporate Bitcoin investors, slowed its BTC purchases last week as the cryptocurrency briefly surged above $97,000. Strategy acquired 1,895 Bitcoin (BTC) for $180.3 million during the week from April 28 to May 4 at an average price of $95,167 per BTC, the firm announced in its latest Form-8 filing with the US Securities and Exchange Commission. Strategy’s latest Bitcoin purchase is one of the smallest made by the company this year, alongside a comparatively meagre 130 BTC purchase in March. Source: Michael…
Analyst Says $2 XRP Price Is Low As It Still Isn’t “Activated”
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Although the XRP price is hovering above $2, a crypto analyst contends that this level is still low. Comparing XRP’s current price action to its explosive rally in 2017,…
VanEck Submits S-1 Document for Its BNB ETF: New ATH Soon?
Key Notes VanEck has submitted the Form S-1 registration for a first-of-its-kind U.S.-based BNB ETF. If approved, the ETF would allow staking of held BNB to earn additional yield. BNB has been consolidating in a symmetrical triangle pattern since February, with analysts anticipating a breakout soon. U.S. asset management giant VanEck has recently submitted the Form S-1 registration statement for its Binance Coin (BNB) exchange-traded fund (ETF). The document includes detailed information about the “VanEck BNB ETF,” such as its business operations, financial condition, and the methodology for determining the…
Avalanche (AVAX) Flashes Buy Signal, $30 Ahead?
Key Notes AVAX has recovered 9% in a month after falling from a $54 peak to $16. The token recently bounced off its 200-day SMA, with the TD Sequential flashing a buy signal. A break above $22.8 could send AVAX to the $28–$30 zone, analysts suggest. Avalanche (AVAX) is trading at $19.92 at press time, flashing signals that hint at a potential breakout. After dropping to $16 following its slide from a $54 local peak, the token has rebounded nearly 9% over the past month. AVAX recently bounced off its…
Tether’s upcoming AI platform set to integrate Bitcoin and USDT payments
Tether’s upcoming AI platform will support crypto payments, including Bitcoin and its own stablecoin, USDT, according to the company’s CEO Paolo Ardoino. In his recent post on X, Tether’s CEO Paolo Ardoino shared a fresh update on the upcoming Tether AI platform, announcing that users will be able to transact using Bitcoin (BTC) and Tether (USDT) through the platform’s peer-to-peer network. Crypto payments on Tether AI will be enabled through the company’s wallet development kit — a toolkit that allows developers to create mobile, desktop, and web wallets where users…
XRP price risks 45% decline to $1.20 — Here is why
Key takeaways: XRP forms a bearish descending triangle on the daily chart, risking a 45% drop to $1.20. Declining daily active addresses signal reduced transaction activity and liquidity. A breakout above $2.18 could invalidate the bearish pattern. The XRP (XRP) price flashes warning signs as a bearish technical pattern emerges on its daily chart, coinciding with declining network activity. XRP descending triangle hints at 45% price drop The XRP price chart has been forming a descending triangle pattern on its daily chart since its late 2024 rally, characterized by a…