Category: News

Bitcoin Traders Dump $1,500 in 1 Hour as Price Hits $76,567, Losses Deepen

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Key Takeaways Bitcoin fell below $77,000 on April 27 as optimism regarding an Iranian peace proposal faded rapidly. Bitstamp data showed $454 million in liquidations as bitcoin decoupled from flat U.S. and European stocks. The Trump administration may be amenable to the Iranian offer because it reopens the Strait of Hormuz and helps avoid a global recession. Bitcoin Retreats as Geopolitical Optimism Fades Hours after reclaiming the $79,000 threshold, bitcoin tumbled well below $77,000 as the earlier enthusiasm sparked by reports that Iran had submitted a peace plan to end…

Strive asset management now 9th-largest public Bitcoin treasury — 14,557 BTC

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Strive Asset Management has raced from zero to 14,557 BTC in months, becoming the 9th‑largest public Bitcoin treasury and turning its balance sheet into a levered bet on BTC. Summary Strive Asset Management has boosted its Bitcoin treasury to 14,557 BTC, making it the 9th-largest public corporate holder of the asset. The firm has scaled from zero BTC in late 2025 to a billion‑dollar balance sheet in months, using equity and preferred stock issuance to fund accumulation. The move is intensifying debate over public‑company treasury strategies and the emerging “race…

Strategy Bitcoin Buy Hits $255M

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Strategy acquired 3,273 Bitcoin for approximately $255 million on April 27, its fourth purchase in April 2026, lifting total holdings to 818,334 BTC worth roughly $63.7 billion. Summary Strategy bought 3,273 BTC at an average of $77,906 per coin on April 27, funded entirely through at-the-market sales of MSTR Class A common stock. Total holdings now stand at 818,334 BTC acquired for $61.81 billion at an average cost of $75,537 per coin, representing 3.9% of Bitcoin’s 21 million hard cap. The company has achieved a BTC Yield of 9.6% year-to-date…

Bernstein Says IREN Pivot to AI Cloud Could Drive $3.7B Revenue

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IREN could become the next major Bitcoin miner to transition into AI infrastructure following its multi-billion-dollar deal with Microsoft, underscoring a broader shift in mining economics, according to a new research report from Bernstein. The Bernstein analysts point to IREN’s rapidly expanding AI cloud division, where around 150,000 GPUs are already contracted, supporting an estimated $3.7 billion in annual revenue run rate once fully functional. A significant portion of this capacity is tied to a long-term agreement with Microsoft, which has committed to using GPU capacity for AI workloads over…

Canada to Launch $25B ‘Canada Strong Fund’ — Crypto Asks if Bitcoin Is Next

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Canada’s new C$25B Canada Strong Fund aims to back “nation‑building” projects, but crypto circles instantly seized on one question: will Ottawa ever buy Bitcoin? Summary Prime Minister Mark Carney unveiled the Canada Strong Fund, a C$25 billion (about $18 billion) sovereign wealth vehicle, the country’s first. The fund will invest alongside private capital in Canadian energy, infrastructure, mining, agriculture and technology projects, and be structured as an arm’s‑length Crown corporation. Cointelegraph’s framing — “Will Bitcoin be added to the portfolio soon?” — has triggered intense speculation among crypto investors, who…

Analyst Reveals The Best Time To Buy BTC

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A crypto analyst has warned against giving in to the FOMO and buying Bitcoin (BTC) at new highs. He noted that although the cryptocurrency could continue its upward move and even push past $80,000, this does not necessarily signal the end of the broader bear market. Instead, he argues that the move could be a strong distribution phase, leading to further declines. He also projects that Bitcoin could still experience a deeper correction, with a potential market bottom forming near $40,000.   Analyst Warns Against Buying BTC At $85,000 @Sherlockwhale, a…

Romania Blocks 300 Sites and Launches €5M Treatment Fund as Polymarket Ban Holds in Court – Bitcoin News

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Key Takeaways: Romania ONJN blocked over 300 illegal gambling sites and revoked 60 licenses in its 2025-2026 mandate year. €5M Conștient și Liber fund marks Romania’s first state funding for gambling addiction treatment Romanian court rejected Polymarket’s suspension request on April 1, keeping ONJN blacklist intact. Romania’s Gambling Regulator Shares Block List The Oficiul Național pentru Jocuri de Noroc (ONJN) published its activity report on April 24, summarising 12 months of enforcement and reform. The figures point to a reorientation toward black market enforcement. ONJN inspectors carried out approximately 11,000…

Tether’s new open-source mining kit is a power grab over Bitcoin’s industrial stack

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Tether has launched an open-source Mining Development Kit that collapses Bitcoin mining’s fragmented hardware dashboards into a single JavaScript and React-based stack. Summary Tether has launched an open-source Mining Development Kit (MDK) to unify Bitcoin mining infrastructure management. MDK gives miners and developers a single JavaScript and React-based layer to automate fleets from home rigs to gigawatt-scale farms. The move deepens Tether’s push into mining, following its MiningOS (MOS) release and CEO Paolo Ardoino’s ambition to become the world’s largest Bitcoin miner. Tether pushes deeper into mining software stack Stablecoin…

Pundit Flags The Retest That Will Trigger It

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The XRP price is still consolidating around the $1.4 level after months of sideways trading. Despite this weak performance and slow growth, analysts continue to maintain a strong bullish outlook for the cryptocurrency. According to market expert Javon Marks, XRP is now at a critical retest area that could determine its next parabolic move. He believes this retest could act as the trigger for a potential 900% rally, possibly pushing XRP toward $15. XRP 2014 Fractal Pattern Points To 900% Rally In his latest XRP price analysis on X, Marks…

Bitcoin ETFs Draw $824M as Blackrock’s IBIT Dominates Weekly Crypto Fund Inflows

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Key Takeaways: Bitcoin ETFs pulled $824 million for the week, led by Blackrock IBIT’s $732 million dominance. Ether ETFs added $155 million despite a mid-week break, with Blackrock ETHA/ETHB driving flows. XRP ($16 million) and solana ($9.4 million) also recorded gains as Bitwise, Franklin signaled sustained demand for altcoin ETFs. Nearly $1 Billion Flows Into Bitcoin, Ether ETFs in Strong Week Momentum carried through the week, though not without friction. Crypto exchange-traded funds (ETFs) delivered another solid performance between April 20 and April 24, with capital continuing to flow into…