Category: Bitcoin News

Bitcoin, Ethereum traders brace for $1.9B options expiry

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Bitcoin options expiry saw traders cut risk, with Greeks.live data pointing to weak activity, lower implied volatility, and defensive positioning. Summary Greeks.live said 21,000 Bitcoin options expired with $1.6 billion in notional value settled on Friday. Ethereum options activity cooled as 129,000 contracts expired, with ETH spot below max pain levels. Lower implied volatility and defensive whale trades point to weaker appetite after Bitcoin’s rally stalled. Greeks.live said 21,000 Bitcoin options expired on May 22, carrying a put-call ratio of 0.66, a max pain level of $78,500, and $1.6 billion…

Is Bitcoin at risk as Coinbase premium hits monthly low?

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Bitcoin’s Coinbase premium has fallen to its lowest level this month, adding to signs that institutional investors in the U.S. have continued selling the flagship crypto while spot demand weakens. Summary Coinbase Premium has dropped to its lowest level this month as institutional Bitcoin selling pressure intensified. CryptoQuant analysts said weak Coinbase demand points to limited support from U.S. spot buyers. Spot Bitcoin ETFs have recorded $1.3 billion in outflows since May 14, while Bitcoin open interest fell by $1.5 billion this week. According to data shared by CryptoQuant analyst…

Applied Digital Tops 1 GW as AI Factory Campus Locks $7.5B Hyperscaler Lease – Bitcoin News

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Key Takeaways Applied Digital signs a 15-year, $7.5B lease at Polaris Forge 3, pushing total contracted revenue to $31B. APLD now holds 1,200 MW of contracted AI capacity across 4 campuses, with 65% backed by investment-grade hyperscalers. Polaris Forge 3 is set to begin operations in August 2027, with APLD actively marketing 1.7 GW of additional power. Applied Digital Pushes Total Contracted Revenue to $31B With Fourth AI Campus Deal Applied Digital Corp. (Nasdaq: APLD), the Dallas-based artificial intelligence (AI) infrastructure provider, bitcoin miner and data center developer, announced the…

Bitcoin reserve plan gets 20-year lock in new ARMA bill

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U.S. lawmakers have introduced ARMA, a new bill that seeks to create a Treasury-run Strategic Bitcoin Reserve with a 20-year holding rule. Summary ARMA would create a Treasury-run Bitcoin reserve and separate stockpile for other federal digital assets. The bill would keep federal Bitcoin locked for 20 years, unless sold to reduce debt. Lawmakers also want quarterly audits, proof-of-reserve reports, and reviews of budget-neutral Bitcoin acquisition methods ahead. Rep. Nick Begich introduced the American Reserve Modernization Act of 2026 alongside co-lead Rep. Jared Golden. Begich’s office said the bill would…

90% Plan to Buy More Next Year – Bitcoin News

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Key Takeaways Total U.S. crypto ownership now exceeds 67 million people, representing 1 in 4 adults. Future demand remains strong, with 90% of holders expecting to buy cryptocurrency within the next year. Consumer sentiment stayed favorable, with 77% reporting crypto positively affected their lives. Crypto Holders Broaden Across Income, Age, and Work One in four U.S. adults now owns cryptocurrency, representing more than 67 million people after 12 million Americans entered the market in one year. The 2026 State of Crypto Holders Report from the National Cryptocurrency Association (NCA) found…

Mark Cuban sells most Bitcoin as hedge thesis fails

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Mark Cuban says he has sold roughly 80% of his Bitcoin holdings after losing confidence in its hedge narrative. Summary Mark Cuban told Front Office Sports he sold most of his Bitcoin after gold surged to $5,000 during the US-Iran conflict while Bitcoin fell. Cuban called Bitcoin “not the hedge I expected” and said it “has lost the plot,” while maintaining he still holds Ethereum for its utility. Bitcoin defenders note the asset has risen more than 16% since the first signs of the US-Iran conflict, countering Cuban’s narrative on…

US Lawmakers Propose the ‘ARMA’ Bill to Build a 1-Million-Bitcoin Strategic Reserve

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Key Takeaways Rep. Begich introduced ARMA to buy 1M Bitcoin, shifting market policy before Congress sets future crypto laws. Funding the reserve via gold, the US Treasury would buy 200K BTC yearly, securing crypto property rights. Following a March 2025 EO, ARMA stabilizes US markets as Congress next drafts long-term crypto policy. Bipartisan Strategic Bitcoin Reserve Bill Introduced To Congress Alaska Rep. Nick Begich and Maine Rep. Jared Golden announced the introduction of the American Reserve Modernization Act of 2026 (ARMA), which, if approved, will create a strategic bitcoin reserve…

‘Infuriating’ — Trump Blasts $149B Tariff Refund in Interview After IEEPA Ruling – Bitcoin News

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Key Takeaways Trump told Fortune on May 18, 2026, the $149 billion tariff refund mandate “pisses me off.” The Supreme Court’s 6-3 February 2026 ruling struck down IEEPA tariffs, forcing CBP to open the CAPE portal. GM expects $500 million back as refunds top $35 billion, with interest accruing at $650 million per month. Supreme Court’s 6-3 Ruling Forces $149 Billion Payout, Trump Pushes Back “It really pisses me off,” Trump said candidly in the interview. “Can you imagine — to people who hate us, to countries that ripped us…

Moonpay Acquires Decent to Power Institutional Onchain Execution Across 200 Chains – Bitcoin News

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Key Takeaways Moonpay launched Moonpay Trade on May 21, 2026, giving institutions access to 200+ chains through one API. DFlow processed over $12 billion in Q1 2026 volume, extending Moonpay Trade’s reach across Solana and EVM markets. Caroline D. Pham’s Moonpay Institutional unit will use Moonpay Trade as its compliance-backed onchain execution layer. Moonpay Trade Launches With Cross-Chain Access to 200+ Protocols for Banks and Asset Managers The platform is powered by Decent.xyz, the Y Combinator-backed cross-chain routing company Moonpay acquired. Decent was founded in 2021 by Charlie Durbin, Will…

Bitcoin options hit $31.3B on Deribit ahead of May 29

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Bitcoin options open interest on Deribit has reached $31.3 billion, overtaking BlackRock’s IBIT ahead of a $6.25 billion expiry. Summary Deribit’s Bitcoin options open interest hit $31.3 billion on May 21, overtaking BlackRock’s IBIT at $27 billion, according to Checkonchain data. A total of 80,535 contracts worth $6.25 billion are set to expire on Deribit on May 29, with $75,000 as the max pain level. The put/call ratio of 0.86 is modestly bullish, but max pain sitting $2,000 below current price creates a gravitational pull toward $75,000. Deribit’s Bitcoin options…