Category: Bitcoin News

Hyperliquid Whale Bets $1.31M on TON at 6x Leverage as Bitcoin Eyes Fresh Highs

boss

Key Takeaways: A new Hyperliquid wallet opened a 6x TON long worth $1.31M on May 5, with a $1.42 liquidation price. The trade signals elevated risk appetite as bitcoin surged past $81,000 for the first time since January. Hyperliquid has continued attracting large traders after launching its HIP-4 prediction markets on May 2. A Trader Who Wasted No Time Minutes after creating a fresh wallet address on Hyperliquid, the anonymous trader loaded it with capital and went long on toncoin (TON), the native asset of The Open Network blockchain. Onchain…

Massive $1.9 Million Loss Nukes 11 Winning Bitcoin Trades for Whale

boss

Key Takeaways: Wallet 0x004e closed a 700 BTC short on May 5, booking a $1.94M loss on a single trade. The loss erased $1.71M earned across 11 consecutive profitable bitcoin short positions. Bitcoin’s push above $81,000 triggered a broad short squeeze, forcing leveraged bears to cover losses. The Math Behind the Wipeout The trader had closed a 700 BTC short valued at $56.68 million, exiting at a $1.94 million loss. The net result across all 12 trades was a negative total PnL of roughly $230,000. Eleven wins wiped out by…

Russia’s Moscow Exchange to Launch SOL, XRP, Tron and BNB Crypto Indexes on May 13 – Bitcoin News

boss

Key Takeaways: Russia’s Moscow Exchange will launch crypto indexes for SOL, XRP, TRX and BNB within the next week. Moex will weigh price data from Binance (50%), Bybit (20%), OKX (15%), and Bitget (15%). The exchange plans to grow its crypto index suite from six to at least 10 assets over time. How the Indexes Will Be Priced The addition brings Moex’s total crypto index count to six. The exchange launched its bitcoin index (MOEXBTC) in June 2025 and its ether index (MOEXETH) in October 2025. The four new benchmarks,…

Strive pushes past 15,000 BTC with fresh $33.9M bitcoin buy

boss

Strive, Inc. has pushed its Bitcoin treasury past 15,000 BTC after its latest purchase added to a months-long accumulation run. Summary Strive has crossed 15,000 BTC after buying 444 bitcoin for $33.9 million, according to its SEC filing. Company disclosures show the treasury has grown by over 2,200 BTC since its Semler Scientific acquisition in January 2026. Investor filings indicate Strive raised $225 million through its SATA preferred stock, with demand exceeding $600 million. According to an 8-K filing with the U.S. Securities and Exchange Commission, the Dallas-based firm bought…

Bitcoin rally targets $89K after MACD crossover, but can bulls hold?

boss

Bitcoin (BTC) traded near $81,025 on May 5 after rising 1.56% in the latest session.  Summary Ali Charts says Bitcoin’s weekly MACD crossover has already driven a 15% price increase since April 13. Bitcoin whales bought 4,527 BTC worth about $362M as ETF inflows supported renewed institutional demand. Santiment data shows Bitcoin on-chain activity hit two-year lows despite BTC reclaiming the $80K level. The asset also recorded an intraday high near $81,204, while trading volume stayed elevated as buyers returned above the $80,000 zone. The move followed a sharp market…

Bitcoin Breaks $81,000 Behind ETF Inflows, Iran De-escalation and a Short Squeeze

boss

Key Takeaways: Bitcoin hit $81,000 on May 5, 2026, its highest price since January, as multiple catalysts converged. April spot BTC ETF inflows totaled $2.44 billion, the strongest monthly figure since October 2025. Trump’s Project Freedom announcement eased Middle East tensions, sending crude futures down nearly 5%. Reclaiming Key Price Markers The move to $81,000 marks bitcoin’s highest price since January and the first time the cryptocurrency has reclaimed this level after a brutal first-quarter drawdown that had pushed BTC close to $62,000 at its lowest point. BTC breaks the…

K Wave stock sinks after $485M Bitcoin-to-AI pivot

boss

K Wave Media has redirected up to $485 million from its Bitcoin treasury strategy into artificial intelligence infrastructure.  Summary K Wave redirected $485M from Bitcoin treasury plans into data centers and GPU compute operations. KWM shares fell about 25% Monday after the company announced its Bitcoin-to-AI infrastructure strategy shift. The restructuring includes Play Co.’s planned sale and about $48M in debt and liabilities reduction. The Nasdaq-listed media and entertainment company disclosed the change in a May 4 Form 6-K filing with the U.S. Securities and Exchange Commission. The capital will…

Prediction Market Traders Push April 2026 Volume to $8.6B, Kalshi Takes the Lead – Bitcoin News

boss

Key Takeaways: Kalshi posted $5.42B in April 2026 taker volume, surpassing Polymarket’s $1.99B for the first time. Polymarket collected $29.22M in April fees despite trailing Kalshi in volume, signaling higher-value contracts. Prediction market open interest hit $1.11B on May 1, 2026, with Kalshi and Polymarket holding 98% of it. Kalshi Holds $630M in Open Interest as Sector-Wide OI Tops $1.1B at the Start of May Essentially, prediction markets are platforms where participants buy and sell contracts tied to the outcome of future events, from elections and sports to crypto prices…

Bitcoin Price Holds Firm Near Highs, More Gains Could Follow

boss

Bitcoin price started a fresh increase and cleared the $80,500 zone. BTC is consolidating and might aim for more gains above the $81,200 level. Bitcoin managed to stay above $78,500 and started a fresh increase. The price is trading above $78,800 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $79,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $79,200 and $78,800 levels. Bitcoin Price Eyes Fresh Highs…

Yen Carry Trade on Steroids? Strategist Flags Bitcoin-Linked STRC Yields

boss

Key Takeaways: Comparison to the yen carry trade signals potential for large-scale capital reallocation. STRC offers monthly cash dividends, public-market access, and an 11.52% effective yield. Regulatory clarity could accelerate institutional participation and expand alternative yield benchmarks. Bitcoin-Linked Carry Trade Draws Wall Street Attention Wall Street may be underestimating a major carry trade forming around bitcoin-linked income products, James E. Thorne, Chief Market Strategist at private wealth management firm Wellington Altus, said on May 3. The strategist pointed to early capital movement away from low-yield Fed funds toward higher-yield instruments…