Tag: Bitcoin

Trump Media Sends 2,650 Bitcoin Worth $205M to Crypto.com, Raising Treasury Questions

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Key Takeaways A Trump Media-linked wallet sent 2,650 BTC worth $204.93M to Crypto.com on May 22. Trump Media posted a $405.9M Q1 loss on crypto markdowns and still holds 6,889 BTC worth ~$532M. No official statement has been issued, leaving the transfer’s purpose, i.e., sale or custody, unconfirmed. Trump’s Treasury Strategy Draws Scrutiny Onchain data shows a Trump Media-linked address depositing 2,650 BTC, valued at roughly $204.93 million, to Crypto.com on May 22. Following the transfer, the address still holds an estimated 6,889 BTC, worth approximately $532.78 million at current…

Will the Jingle Miner ever hit a block? #bitcoin #mining #btc

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What if a graphics card-sized device could solo mine Bitcoin and hit a 3.125 BTC block? The JingleMining HashCard pushes 12.5 TH/s at just 200W — but what are the actual odds of winning a block reward? In this video, I break down the JingleMining HashCard from every angle: the full specs, what’s inside the card, the real cost, and the hard numbers on your chances of hitting a block. Is this the ultimate home Bitcoin solo miner or just another lottery…

US Lawmakers Introduce ARMA Bill to Codify Strategic Bitcoin Reserve With 20-Year Hold and 1M BTC Goal

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Key Takeaways The ARMA bill, backed by 14+ congressmen, aims for a 1M BTC federal reserve with a 20-year mandatory hold. Begich and Golden’s legislation authorizes the Treasury to buy up to 200,000 BTC annually for five years. The bill bans federal impairment of personal bitcoin ownership through an embedded self-custody clause. Bipartisan ARMA Bill Targets 1 Million Bitcoin Reserve Congressman Nick Begich (AK-AL) and co-lead Congressman Jared Golden (ME-02) formally introduced the American Reserve Modernization Act of 2026, known as ARMA, on May 21, backed by an immediate coalition…

Will Bitcoin price revisit $76K as bullish trendline support collapses?

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Bitcoin has fallen back toward the $77,000 region after losing a key ascending trendline support that had guided its recovery from April lows. Summary Bitcoin fell back toward $77,000 after breaking below a key ascending trendline support and failing to reclaim the 200-day moving average near $80,800. U.S. spot Bitcoin ETFs recorded roughly $1.4 billion in weekly outflows, while over $744 million worth of BTC moved to exchanges over the past five days. CoinGlass liquidation data showed dense long liquidation clusters near $76,000 as traders monitored rising oil prices, Fed…

Trump Media moves over 2K BTC to crypto.com, what does it mean for Bitcoin?

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Trump Media & Technology Group has transferred another 2,650 Bitcoin worth about $205 million to Crypto.com, adding fresh scrutiny to the company’s crypto treasury strategy as its holdings remain deeply underwater. Summary Trump Media moved 2,650 Bitcoin worth about $205 million to Crypto.com, according to Lookonchain data. The company’s Bitcoin treasury has fallen sharply below its reported average purchase price of about $118,522 per coin. Trump Media previously disclosed a $405.9 million quarterly loss, with most of the hit tied to unrealized crypto asset markdowns. According to blockchain analytics platform…

How To Build a GPU Mining Rig in 2026 – PROFITABLE!!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🚨 *Find The BEST Current GPU Prices* → www.gpudeals.net How to build a profitible gpu crypto mining rig in 2024 to mine the very profitable coin XELIS. Step by step guide on how to build a mining rig for a complete beginner! How to mine crypto the right way! Right now this cryptocurrency mining machine makes almost $60/month in profit and only costs a little over $1,000 making it the best budget gpu mining rig in 2024 made with all 3060 Ti…

Bitcoin Posts a Record 90-day Comeback as Analyst Questions BTC Bear Market

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Bitcoin (BTC) has trended up for 90 days and is seeing a “bull market rally,” analysis says. Key points: Bitcoin has trended up for 90 days within its bear market — something that has never happened before. Analysis thus sees price as being in a “bull market rally,” with February’s macro lows untouched. Separate commentary calls for a reclaim of the weekly supertrend nearer to $90,000 to confirm that bulls are back. Bitcoin internal bear-market uptrend makes history In a post on X on Thursday, trader and analyst Matthew Hyland…

Hamilton ETFs Proposes Leveraged Bitcoin Covered-Call ETF

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Hamilton ETFs filed a preliminary prospectus in Canada for an actively managed Bitcoin income exchange-traded fund (ETF) that would use leverage and short-term options strategies to generate yield alongside Bitcoin exposure. The proposed Hamilton Enhanced Bitcoin DayMAX ETF would use covered-call strategies and leverage capped at roughly 25% of net asset value. The strategy is designed to generate income by collecting premiums from short-term options contracts tied to Bitcoin (BTC) price movements. The fund is intended to combine Bitcoin exposure with monthly income generation. The company said the ETF would seek…

New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’

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Binance pool miner reserves slipped from 41,987 to 41,915 in May, a small but telling sign that selling pressure from miners has not fully stopped. Crypto analysts said that because Binance Pool controls a major share of global hash rate, its behavior tends to reflect how Bitcoin miners feel before the broader market catches on. Related Reading The Miner Position Index remains below historical panic-selling levels, and the Puell Multiple — a gauge of miner revenue relative to long-term averages — is still under one. Analysts described the current miner…

Bitcoin, Ethereum traders brace for $1.9B options expiry

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Bitcoin options expiry saw traders cut risk, with Greeks.live data pointing to weak activity, lower implied volatility, and defensive positioning. Summary Greeks.live said 21,000 Bitcoin options expired with $1.6 billion in notional value settled on Friday. Ethereum options activity cooled as 129,000 contracts expired, with ETH spot below max pain levels. Lower implied volatility and defensive whale trades point to weaker appetite after Bitcoin’s rally stalled. Greeks.live said 21,000 Bitcoin options expired on May 22, carrying a put-call ratio of 0.66, a max pain level of $78,500, and $1.6 billion…