A Bitcoin whale dormant since 2013 moved $40 million in BTC on May 10, with analysts ruling out an exchange dump. Summary A wallet inactive since November 2013 transferred 500 BTC worth roughly $40 million to a new address for the first time in over 12 years. Blockchain tracking service Whale Alert detected the transfer at 19:16 UTC, with the destination not linked to any known exchange. CryptoQuant’s Ki Young Ju called it classic OTC preparation, citing low fees and a non-exchange destination as the key signals. A long-dormant Bitcoin…
Category: Bitcoin News
Bitcoin briefly reclaims $82,000 on Gate as volatility stays muted
Bitcoin briefly reclaimed $82,000 on Gate with a 0.81% daily gain, keeping price pinned near the top of its recent range as prediction markets and derivatives data still point to muted volatility. Summary Gate data shows BTC/USDT trading around 82,010.7 dollars at 19:44 on May 11, up 0.81% on the day and sitting near the upper band of a tight recent range that also saw prints near 79,743 dollars on May 8 and 82,320 dollars on May 6. Historical aggregates from YCharts and other trackers put Bitcoin in the low‑80,000…
Adam Back Joins Capital B’s €15.2M Round to Expand Bitcoin Holdings
Key Takeaways Capital B raises €15.2 million via private placement on May 11, 2026, targeting 182 additional BTC for its treasury. Adam Back joins as a strategic investor, lifting his stake to 13.43% as Capital B eyes 15,000 BTC by the end of 2027. Full warrant exercise could generate €99.1 million more, giving Capital B fuel for continued bitcoin accumulation. Capital B Closes €15.2M Round to Grow Bitcoin Treasury Toward 15,000 BTC Target According to the announcement, the firm sold 23,038,844 units, each comprising one ordinary share and four share…
BNY launches bitcoin and ether custody in Abu Dhabi’s ADGM
BNY is launching institutional Bitcoin and Ether custody from Abu Dhabi’s ADGM with Finstreet and ADI, paving the way for stablecoin and tokenized‑asset support. Summary BNY has launched institutional-grade digital asset custody in Abu Dhabi Global Market, initially covering Bitcoin and Ethereum for regional clients. The world’s largest custodian, overseeing $59.4 trillion in assets, plans to extend the platform to stablecoins and tokenized real‑world assets, deepening traditional finance’s regulated crypto footprint in the Gulf. The move is structured through a collaboration with Finstreet Limited and ADI Foundation, embedding digital assets…
AJC Mining leads a new trend in Bitcoin cloud mining
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana nears key resistance as cloud mining platforms like AJC Mining gain traction in crypto recovery phase. Summary As Solana and major crypto assets rebound, interest in cloud mining platforms like AJC Mining is increasing among everyday users. AJC Mining offers simplified access to mining through professional data centers and managed hashrate systems. With rising market participation, AJC Mining attracts attention for its infrastructure, security focus, and user-friendly mining…
Strategy resumes Bitcoin buying streak with 535 BTC purchase
Strategy acquired 535 Bitcoin for about $43 million, paying an average price of roughly $80,340 per BTC, Michael Saylor said on Monday. Summary Strategy added 535 BTC, raising its total Bitcoin holdings to 818,869 coins as of May 10. The purchase followed debate after Saylor said limited Bitcoin sales could help fund dividends. Strategy’s Bitcoin plan remains under scrutiny as preferred-share obligations raise fresh funding questions. The purchase lifted the company’s total holdings to 818,869 BTC as of May 10, 2026. Saylor said Strategy has now spent about $61.86 billion…
Strategy Adds 535 BTC for $43M, Saylor Pushes Total Holdings to 818,869 Bitcoin
Key Takeaways Strategy acquired 535 BTC for $43 million at $80,340 per coin as of May 10, 2026. Saylor’s firm now holds 818,869 BTC with a total cost basis of $61.86 billion via MSTR and STRC. Strategy’s 9.4% BTC Yield YTD in 2026 signals continued per-share accumulation into Q3. Michael Saylor’s Strategy Adds 535 Bitcoin After ‘Back to Work’ Post on X Saylor posted “Back to work” on X on May 10, signaling another purchase was underway. The formal disclosure followed the next day, confirming the buy and updating the…
XRP Bulls Drive Token Above $90B Market Cap as Bitcoin Retakes $82,000
Key Takeaways XRP topped $1.50 on May 10 as bitcoin reclaimed $82,000 during a crypto market rally. Sosovalue reported $34.21M in XRP ETF inflows, lifting XRP market cap above $92.6B. Ripple, Mastercard, and J.P. Morgan-backed XRPL treasury tests as analysts eye a $3.60 setup. ETF Inflows and Exchange Withdrawals Boost XRP Momentum On May 10, XRP breached the $1.50 mark for the first time in nearly two months amid a rare weekend cryptocurrency market rally that also saw bitcoin briefly reclaim $82,000. According to Bitstamp data, XRP nearly touched $1.51,…
Bitcoin leads $858M crypto fund inflows as CLARITY Act hopes grow: CoinShares
Digital asset investment products recorded $857.9 million in inflows last week, according to CoinShares’ latest weekly fund flows report. Summary Crypto investment products saw $857.9 million in inflows, marking their sixth straight positive week. Bitcoin led demand with $706.1 million, while Ethereum, Solana, and XRP also attracted capital. Short-Bitcoin funds posted their largest outflow this year as bearish positioning eased across crypto products. The figure marked the sixth straight week of positive flows and the largest weekly total since April 24. Total assets under management rose to $160 billion. CoinShares…
Raoul Pal Says a Bitcoin Supercycle Is More Likely Than Ever in 2026
Key Takeaways Raoul Pal sees rising supercycle odds driven by debt monetization and the largest capex boom in history. Bitcoin’s 90% correlation with global M2 suggests significant upside if liquidity expands as Pal expects. Pal’s price target of $450,000 per BTC hinges on central banks injecting liquidity by end of 2026. What Is Driving Pal’s Supercycle Thesis? Raoul Pal, the founder of Real Vision and one of the most closely followed macro voices in crypto, posted on X Sunday that he sees a “rising probability” that markets are entering a…