Category: Bitcoin News

2013 Bitcoin Whale Wallet Transfers 500 BTC After 12 Years of Dormancy

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Key Takeaways Bitcoin wallets from 2013 moved 500 BTC on May 10, reviving long-dormant holdings. According to btcparser.com data, Bech32 addresses absorbed 859.13 BTC, signaling continued wallet migration trends. Bitcoin worth $461,500 in 2013 now exceeds $40M, fueling whale-watch attention. Nearly 900 BTC Moved From 11 Dormant Wallets On Sunday, a total of 11 sleeping bitcoin addresses woke up for the first time since they were created. Out of all of these transfers, between blocks 948694 and 948822, a total of 859.13 BTC worth $69.47 million was spent from dormant…

Trump Tells Reporters Gas Is ‘Way Down’ — US Pump Prices Say Otherwise – Bitcoin News

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Key Takeaways Trump claimed gas prices fell “very substantially” on May 8, but AAA data shows they rose to $4.52/gal that day. The U.S.-Iran conflict disrupted roughly 20% of global oil supply, pushing Brent crude past $100/barrel in May 2026. EIA forecasts Brent could peak near $115/bbl in Q2 2026 before easing if the Strait of Hormuz tensions resolve. U.S. Gas Prices Are up $1.40 From Last Year Trump made the claim during a press exchange this week when reporters asked about his Middle East strategy amid pump prices exceeding…

Stablecoin Market Adds $2 Billion in 7 Days as USDT Holds Near $190 Billion – Bitcoin News

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Key Takeaways Tether’s USDT hit $189.63B on May 10, keeping 58.76% control of the stablecoin market. Circle’s USDC added $1.61B in 7 days, signaling renewed demand for dollar-backed crypto. USDG jumped 11.89% to $2.658B, putting newer stablecoins back in the spotlight. Stablecoin Market Starts Swelling Again As of this weekend, tether ( USDT) remains the unquestioned heavyweight of the sector, holding a towering $189.63 billion market valuation; the asset posted a mild 0.05% increase over the past week. USDT’s share of the $322.74 billion stablecoin market now stands at 58.76%,…

Saylor Posts ‘Back to Work’ Signal as Strategy Eyes More Bitcoin After One-Week Pause – Bitcoin News

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Key Takeaways Saylor posted “Back to work. BTC” on May 10, signaling Strategy’s return to bitcoin accumulation after a one-week pause. Strategy holds 818,334 BTC worth ~$66.15 billion, with a +7.02% unrealized gain as of May 10, 2026. Saylor said Strategy may sell 1 BTC to fund STRC dividends while buying 10 to 20 more. Strategy Flips Switch to Accumulation Mode The social media post came alongside a chart showing Strategy, formerly known as Microstrategy, holding 818,334 BTC valued at approximately $66.15 billion. The company’s average purchase cost sits near…

Phong Le says Strategy is more than a Bitcoin balance sheet

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Strategy CEO Phong Le said the company’s success rests on more than the Bitcoin held on its balance sheet.  Summary Strategy said Q1 revenue rose 11.9% year over year to $124.3 million. Phong Le said cloud revenue grew 59% during the company’s strongest software quarter in years. Strategy’s Bitcoin model faces scrutiny as debt and losses mount. In a post on X, he argued that Strategy’s enterprise software business remains a core part of the company’s long-term model. Le said the software unit gives Strategy engineers, cloud teams, enterprise customers,…

Bitcoin watches Iran response as CPI week begins

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Global markets are entering a major week filled with inflation reports, geopolitical developments, and central macroeconomic data. Summary Iran responded to a US proposal while rejecting claims of surrender during ongoing diplomatic discussions. Markets now focus on CPI, PPI, retail sales, and industrial production data this week. Bitcoin traders are watching macro volatility as BTC remains near major psychological levels recently. Traders are closely watching new comments from Iran alongside upcoming U.S. economic releases. The Kobeissi Letter reported that Iran sent a response to a U.S. proposal through Pakistani mediators.…

BTC Holds $80K While Momentum Starts Heating Up – Bitcoin News

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Key Takeaways Bitcoin held above $80K on May 10, 2026, preserving a bullish higher-low structure. Chart data showed 12 positive moving average (MA) signals as BTC neared $81.1K resistance. Market data shows $17.7B volume, with traders watching bitcoin for a breakout toward $84K. Bitcoin Chart Outlook The daily chart continues to favor the upside as bitcoin preserves a pattern of higher highs and higher lows, a structure that technical traders typically associate with sustained strength. BTC recently faced rejection near the $82,800 resistance level, though downside pressure failed to generate…

Bitcoin stays bullish above 21-MA as altcoins flash danger signs

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Bitcoin (BTC) traded near $80,874 on May 10, with an intraday high of $81,026 and a low of $80,237. The move kept BTC close to the $81,000 area after a steady weekly recovery. Summary Van de Poppe says Bitcoin can grind higher while price holds above the 21-MA. The $79K and $76K levels remain key supports for Bitcoin’s short-term structure. CryptoQuant data shows Bitcoin’s aSOPR stayed above 1 for nine straight days. Michaël van de Poppe said Bitcoin’s setup remains simple. In his view, BTC can keep moving higher as…

Bitcoin faces a miner reward problem, Avalanche founder warns

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Avalanche founder Emin Gün Sirer has warned that Bitcoin may face a long-term security issue as miner rewards continue to fall after each halving. Summary Emin Gün Sirer says Bitcoin’s future risk may come from falling miner rewards. Up to 20% of Bitcoin miners may be unprofitable. The debate centers on whether fees can replace shrinking Bitcoin block rewards. Sirer argued that Bitcoin’s reward model could become a larger concern than quantum computing or rival tokens. His view centers on whether miners will still earn enough to secure the network…

Bitcoin mining giants back Stratum V2 as costs rise

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Seven major Bitcoin mining pools have joined the Stratum V2 working group as the industry seeks a common open standard for communication between pools and miners. Summary Seven mining pools joined Stratum V2 to improve pool communication and miner choice. Foundry and AntPool control a large share of global Bitcoin mining hashrate. Crypto.news reported that up to 20% of Bitcoin miners may be unprofitable. The new members include AntPool, Block Inc., F2Pool, Foundry, MARA Foundation, SpiderPool, and DMND. The group will work on wider adoption of Stratum V2, a protocol…