Key Notes Bitcoin price has increased to $97,771 ahead of the Federal Reserve’s policy decision. The Fed is expected to hold rates despite inflation remaining at 3.5%. Jerome Powell’s tone will likely influence BTC’s near-term direction. The price of the largest cryptocurrency, Bitcoin, is hovering near key resistance levels as global markets await the U.S. Federal Reserve’s interest rate decision, expected later today. With economic uncertainty growing and inflation still a concern, traders are on edge. All eyes are on Fed Chair Jerome Powell’s upcoming statement, which may influence Bitcoin’s…
Tag: Bitcoin
Bridging Bitcoin to DeFi: Insights from MacLane Wilkison, CEO of tLabs and Co-founder of Threshold
In a recent podcast episode, MacLane Wilkison, CEO of tLabs and co-founder of Threshold Network, shared a compelling vision for Bitcoin’s future in decentralized finance (DeFi). At the center of the discussion was tBTC, a permissionless Bitcoin bridge designed to expand Bitcoin’s utility across DeFi ecosystems, while maintaining security and user control. A Journey Through […] Original
Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility
This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining capacity, including a newly operational 20 MW facility in Texas. Phoenix Group Targets Top 5 Bitcoin Mining Spot by 2026 Phoenix Group, an Abu Dhabi-based cryptocurrency mining firm, announced consolidated Q1 revenue of […] Original
Asset Entities stock surges over 200% after Strive merger and Bitcoin news
Asset Entities surged over 200% in trading following news that it will merge with Strive Asset Management to form the first publicly traded Bitcoin treasury asset manager. The combined entity will operate under the Strive brand and remain listed on NASDAQ, with a mission to maximize long-term Bitcoin exposure per share. The new company intends to accumulate Bitcoin (BTC) aggressively using a multi-pronged approach. This includes a first-of-its-kind offering that allows accredited investors to exchange Bitcoin for equity in the public company, potentially in a tax-free manner under Section 351…
‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Market commentator Miya has outlined an interesting theory on why the Bitcoin price is poised to hit $110,000 by the end of the year. The expert alluded to current…
Thumzup files $500m shelf registration, plans to grow Bitcoin reserves
Thumzup Media Corporation has filed an amendment to its universal shelf registration with the SEC, increasing the potential total offering amount from $200 million to $500 million. The company says the expanded registration is intended to support working capital needs and further its Bitcoin (BTC) reserve strategy. The amended Form S-3 filing would give Thumzup the ability to raise up to half a billion dollars over the next three years through the issuance of various securities, including common stock, preferred stock, warrants, debt securities, and other instruments. The registration is…
Strike Launches Bitcoin-Backed Loans, Allowing Users to Borrow Against Their Bitcoin Holdings
Strike CEO Jack Mallers announced the launch of bitcoin-backed loans, allowing eligible customers to borrow against their bitcoin holdings without the need to sell. This new feature enables users to access cash using their bitcoin as collateral, with loan amounts ranging from $75,000 to $2 million at a starting annual percentage rate (APR) of 12% […] Original
Bitcoin Price Watch: Traders Brace for Potential Double Top or Breakout
Bitcoin is trading at $97,030 with a market capitalization of $1.927 trillion, supported by a 24-hour trade volume of $28.862 billion. During this session, bitcoin saw a price range between $93,592 and $97,511, reflecting ongoing volatility within a consolidative structure near recent highs. Bitcoin Bitcoin’s multi-timeframe chart action continues to reflect bullish strength, particularly on […] Original
KULR Acquires Additional 42 Bitcoin for $4 Million, Reports 197.5% Year-to-Date Yield
KULR Technology Group, Inc. (NYSE: KULR), a Houston-based energy management firm, has announced the acquisition of 42 bitcoin ( BTC) for approximately $4 million, at an average price of about $94,403 per bitcoin. The company reported a year-to-date bitcoin yield of 197.5%. As of May 6, 2025, KULR holds a total of 716.2 BTC, which […] Original
Bitcoin Targets $100K Breakout If Key Support Holds
Key Notes Positive US-China trade talks and the Federal Reserve’s $20 billion daily bond purchases are boosting Bitcoin and crypto market sentiment. Analysts expect Jerome Powell’s FOMC commentary and potential rate cuts on May 7 to play a decisive role in Bitcoin’s trajectory. Large wallets holding 10 to 10,000 BTC have accumulated 81,338 BTC over six weeks. Ahead of the FOMC meeting on Wednesday, and following positive developments in the US-China trade talks, Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B price has…