Category: Bitcoin News

Bitcoin Core discloses bug that could let miners crash nodes

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Bitcoin Core developers disclosed a high-severity bug that could allow miners to remotely crash some Bitcoin nodes.  Summary Bitcoin Core disclosed CVE-2024-52911, affecting versions before 29.0, with older nodes still exposed online. Miners needed costly proof-of-work blocks to trigger crashes, making real-world abuse historically unlikely for attackers. Cory Fields privately reported the bug in 2024, before Bitcoin Core 29.0 shipped patched software. The issue, tracked as CVE-2024-52911, affected Bitcoin Core versions after 0.14.0 and before 29.0. The bug was fixed in Bitcoin Core 29.0, which was released in April 2025. …

Bitcoin rally loses steam at $81K following Trump’s pause on ‘Project Freedom’

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Bitcoin price faced rejection near $82,000 as its recent rally lost momentum after United States President Donald Trump paused the “Project Freedom” operation amid progress in U.S.-Iran peace negotiations. Summary Bitcoin faced resistance near $82,000 after Trump paused the U.S. military’s “Project Freedom” operation amid progress in U.S.-Iran peace talks. Oil prices retreated following the announcement, with WTI crude falling below $100 per barrel, while Asian equity markets edged higher on easing geopolitical tensions. March 2026 JOLTS data exceeded expectations despite a slight decline in job openings, reinforcing expectations that…

Sequans sells half its Bitcoin as debt pressure shakes treasury plan

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Sequans Communications sold 1,025 Bitcoin during the first quarter of 2026, nearly cutting its corporate Bitcoin reserve in half.  Summary Sequans sold 1,025 Bitcoin after revenue dropped, losses widened, and debt obligations tightened during the quarter. The chipmaker still holds 1,114 BTC, but 817 BTC remains pledged against convertible debt. Strategy and K Wave moves add pressure to the wider corporate Bitcoin treasury trend. The Paris-based chipmaker made the sale as revenue fell and losses widened. The company held 1,114 BTC as of April 30, down from 2,139 BTC at…

Strategy May Sell Bitcoin to Fund Dividends, Saylor Breaks From ‘Never Sell’ Stance

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Key Takeaways: Saylor said Strategy may sell BTC to pay dividends in May 2026, reversing its ‘never sell’ stance. Strategy holds 818,334 BTC at a $75,537 average cost amid $1.5B in annual dividend obligations. MSTR fell over 4% after hours and bitcoin dipped below $81,000 following the Q1 earnings call. What Saylor Said The disclosure came during Strategy’s Q1 2026 earnings call on Monday, where Saylor noted: “We will probably sell some bitcoin to pay a dividend just to inoculate the market and send the message that we did it.”…

Petro pitches Bitcoin mining boom for Colombia’s Caribbean coast

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Colombian President Gustavo Petro said the country’s Caribbean coast could become a Bitcoin mining hub if it uses clean energy and brings local communities into the plan. Summary Petro says Colombia’s Caribbean coast could use renewable energy to attract Bitcoin mining investment soon. The plan mentions Wayúu co-ownership, but no mining partner or launch date has been confirmed. Paraguay’s hydro-powered mining growth gives Colombia a model as political timing creates fresh doubts ahead. Petro pointed to Barranquilla, Santa Marta, and Riohacha as possible sites. He said the region could follow…

Michael Saylor’s Strategy may sell Bitcoin after $12.5B Q1 loss

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Strategy executive chairman Michael Saylor said the company may sell part of its Bitcoin holdings to fund dividend payments.  Summary Saylor said Strategy may sell Bitcoin to fund dividends after reporting a large first-quarter loss. Strategy holds 818,334 BTC, but preferred stock dividends are raising questions about future funding pressure. Recent Bitcoin gains remain central as investors watch whether MSTR can balance debt and dividends. The comment marked a clear shift from his long-running message that Strategy would keep buying Bitcoin and avoid selling. “We’ll probably sell some Bitcoin to…

Bitcoin’s Bull Case Hinges on Macro Conditions, Wintermute Says

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Key Takeaways: Bitcoin approached $82,000 resistance but still lacks confirmation of a sustained breakout. ETF inflows reached $2.6 billion, while late outflows signaled weakening demand. Macro factors, including geopolitics and energy markets, will likely dictate price direction. Bitcoin Faces Resistance Below Critical Breakout Level Bitcoin’s upside remains conditional despite strengthening fundamentals, the May 4 market update posted by crypto algorithmic trading firm Wintermute said. BTC has since moved above $81,000, bringing it closer to the 200-day moving average near $82,000. However, the broader setup remains unresolved, as a confirmed breakout…

Strategy Posts $12.54B Loss as Bitcoin Holdings Reach 818,334 BTC

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Key Takeaways: Strategy posted a $12.54 billion net loss in Q1 2026 driven by $14.46 billion unrealized bitcoin losses. Revenue increased 11.9% year over year to $124.3 million in the quarter, but earnings were dominated by digital asset volatility. Financing through STRC and equity sales continues fueling bitcoin expansion despite rising balance sheet risk. Strategy’s Loss Shows the Volatility Behind a Bitcoin Treasury Model Strategy Inc. (Nasdaq: MSTR) announced on May 5 its first-quarter 2026 financial results, giving investors a clear look at the trade-off behind its bitcoin treasury strategy.…

Bitcoin Bulls Defend $80,500 Support, Driving 7% Weekly Surge to $1.63 Trillion Cap

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Key Takeaways: Bitcoin hit $81,714 on May 5 as the Trump administration worked to de-escalate Middle East tensions. The rally triggered $202 million in short liquidations, pushing the crypto market cap to $2.77 trillion. While the Strait of Hormuz remains a concern, President Trump’s ceasefire is expected to stabilize oil. Geopolitical Influence After breaching $81,000 for the first time in months early May 5, buoyed by the Trump administration’s downplaying of Monday skirmishes in the Strait of Hormuz, bitcoin briefly retreated before establishing support just above $80,500. However, the sell-off…

K Wave Media rejects Bitcoin for AI data centres

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K Wave Media reversed its $485 million Bitcoin treasury plan today, redirecting funds to AI data centres and GPUs Summary K Wave Media scrapped its $500 million Bitcoin treasury strategy and redirected approximately $485 million to AI data centres and GPU infrastructure. Shares fell 24% on the announcement, which also came with a company rebrand to Talivar Technologies, pending shareholder approval. CEO Ted Kim called the reversal “a defining inflection point,” making K Wave one of the most abrupt corporate Bitcoin strategy pivots on record. K Wave Media scrapped its…