Key Takeaways: Bitcoin hit $79,490 on April 27 before a sharp retreat following news of a proposed U.S.-Iran ceasefire. Market volatility exceeding 2.63% saw Coinglass report $56.8 million in short liquidations in 12 hours. Michaël van de Poppe eyes a breakout above $84,000 as proof the bear market ended after a 15% April gain. The Iran Ceasefire Proposal Factor Bitcoin briefly reclaimed $79,000 late Sunday following reports that Iran had submitted a proposal to the U.S. aimed at reopening the Strait of Hormuz. Market data show the cryptocurrency rose from…
Category: Bitcoin News
Bitcoin bears pile in as funding rates hit extreme lows
Bitcoin (BTC) failed to hold its move toward $80,000 after a sudden wave of selling hit the derivatives market. The price dropped about 2.5% within a few hours and moved back below $78,000. Summary Bitcoin dropped below $78,000 after $1.35 billion in hourly sell pressure hit derivatives markets. Binance led the move with about $1.2 billion in sell volume within one hour. Analysts said negative funding and falling Binance reserves may point to stronger long-term holders. CryptoQuant analyst Darkfost said there was no clear announcement behind the move. He linked…
SEC Chair Paul Atkins Makes History as First Sitting Commissioner to Address the Bitcoin Conference
Key Takeaways: SEC Chair Paul Atkins is set to address the attendees of Bitcoin 2026 in Las Vegas on April 27. Atkins has outlined a five-category crypto asset taxonomy under Project Crypto, four of which are classified as non-securities. The SEC’s ACT strategy marks a formal departure from more than a decade of regulation by enforcement in the digital assets space. A First for the Agency and the Conference No sitting Securities and Exchange Commission (SEC) chair has previously appeared at the annual Bitcoin conference, which is set to draw…
Bitcoin’s $80K fakeout wipes out shorts amid Iran headlines
Bitcoin (BTC) saw a sharp price swing on Monday after reports said Iran had sent the U.S. a new proposal through Pakistani mediators. Summary Bitcoin jumped near $79,500 before a sharp pullback erased gains within a short period Monday. Crypto liquidations reached about $275 million as leveraged traders reacted to fast-moving geopolitical headlines Monday. Short positions saw heavy losses after Bitcoin moved against bearish bets during the initial rally. The move pushed BTC close to $80,000 before the price quickly slipped lower. The rally lifted Bitcoin to a 12-week high…
BTC Touches $79,000 on Day One of the Bitcoin 2026 Conference in Las Vegas
Key Takeaways: BTC touched $79,000 on April 27, coinciding with the opening day of the Bitcoin 2026 conference in Las Vegas. The rally builds on $824 million in spot bitcoin ETF net inflows for the week of April 20–24, the fourth straight week of gains. Speakers at the three-day conference include SEC Chair Paul Atkins, Senator Cynthia Lummis, Michael Saylor, and Arthur Hayes. Conference Opens as BTC Hits 11-Week High The move to $79,000 marks bitcoin’s highest level since early February and arrives as more than 40,000 participants gather at…
Bitcoin faces FOMC, GDP and PCE tests in busy market week
Bitcoin (BTC) begins the week with traders watching several U.S. economic events that could shape risk appetite. Summary Bitcoin traders are watching the Fed decision for clues on inflation, growth and future rate cuts. GDP and PCE inflation data could shape market expectations and trigger fresh Bitcoin price swings. Tech earnings and geopolitical headlines may add pressure as Bitcoin tracks broader risk sentiment. The focus has shifted from war headlines to the Federal Reserve, inflation data, GDP numbers and large technology earnings. The Federal Reserve will hold its two-day FOMC…
Polymarket Study Finds 3.14% Drive Accuracy – Bitcoin News
Key Takeaways: Researchers from London Business School and Yale found only 3.14% of Polymarket accounts qualify as skilled, yet generate most price discovery. Skilled Polymarket traders retained their classification 44% of the time out-of-sample, compared to just 10% for skilled mutual funds. The CFTC filed an insider trading complaint on April 23, 2026 tied to a Polymarket contract on Nicolas Maduro’s removal from power. Study Published to SSRN Covers 98,906 Events on Polymarket The working paper, titled “ Prediction Market Accuracy: Crowd Wisdom or Informed Minority?” was published on April…
Federal Reserve Set to Hold Rates at 3.75% as Traders Price 99% Odds for April 29 FOMC – Bitcoin News
Key Takeaways: CME Fedwatch puts a Fed hold at 99% for the April 29 FOMC meeting, down from a 6.2% hike chance one month ago. Polymarket traders have put $20.9 million into the 2026 rate cuts market, with 40% pricing in zero cuts this year. Kalshi shows 84% odds the Fed holds in July, as the March 2026 CPI at 3.3% keeps rate cut expectations limited. Traders Price Fed Hold at 99% for April FOMC as Polymarket and Kalshi Signal No Cuts Through Summer The CME Fedwatch Tool shows a…
Michael Saylor teases Bitcoin buy, but bulls may get less
Michael Saylor has hinted at another Strategy Bitcoin purchase ahead of the company’s expected Monday update. Summary Saylor hinted at another Bitcoin purchase after Strategy raised holdings to 815,061 BTC last week. Analysts expect a smaller buy because MSTR share issuance paused while shares traded below par. Strategy still has ATM capacity, but funding conditions may limit near-term Bitcoin accumulation size. The Strategy executive posted his usual Sunday signal on X, writing, “The ₿eat Goes On.” The post drew attention because Strategy made a large Bitcoin purchase last week. The…
Miners Beat Bitcoin by 70% in 2026 as Terawulf Locks $12.8B in AI Contracts
Key Takeaways: Bitcoin mining stocks have dramatically outperformed BTC itself in 2026, with most of the top ten publicly listed mining organizations posting year-to-date (YTD) gains of 25–73% while bitcoin sits roughly 12% in the red since January 1. The outperformance is not a mining story; it’s an artificial intelligence (AI) infrastructure story. The leaders have collectively locked in tens of billions in contracted HPC revenue through long-term hyperscaler deals, effectively revaluing themselves as data center operators. Terawulf (WULF) leads the top ten public miners with a 73.58% YTD gain…