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Key points: Bitcoin’s most recently-moved supply segment is increasing as higher prices see an influx of “speculative capital.” “Hot supply” has doubled in just five weeks versus local lows in March. Active address numbers have yet to mimic a classic bull market comeback. Bitcoin (BTC) short-term holders (STHs) are back in the game as a …
Continue reading “Bitcoin 'hot supply' nears $40B as new investors flood in at $95K”
The Beijing city administration has announced a plan for local blockchain development and implementation over the next two years. According to an April 29 announcement, the plan was jointly developed by the Beijing Municipal Science and Technology Commission, the Zhongguancun Administrative Committee, the Cyberspace Administration Office, the Bureau of Government Services and Data, the Bureau …
Continue reading “Beijing to invest in blockchain, integrate into infrastructure”
A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs. Miden closed its $25 million seed rounds led by a16z Crypto, 1kx, and Hack VC, with participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, MH Ventures, as well as from angel investors, including …
Continue reading “A16z leads $25M funding for Miden blockchain project”
The first 100 days of the administration of US President Donald Trump have deeply impacted the crypto industry, starting with his own memecoin and culminating in a Bitcoin reserve and a spate of blockchain policymaking. Trump’s trade war with the entire world has had the largest short-term impact on crypto markets, as crypto prices have …
Continue reading “Trump’s first 100 days ‘worst in history’ despite crypto promises”
USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29. The approval moves Circle closer to obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the …
Continue reading “Circle gets Abu Dhabi regulatory nod to expand in Middle East”
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global capacity now reportedly exceeds 500 MW. Phoenix’s co-founder and CEO, Munaf Ali, …
Continue reading “Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia”
What is digital identity? Your digital identity is the fingerprint you leave across the internet, a living map of who you are. Your digital identity is more than just your name or email; it stretches from your social media profiles and crypto wallet addresses to your device fingerprints and even the rhythms of your daily …
Continue reading “Your digital identity got stolen — Now what?”
Key takeaways: Bitcoin’s price consolidates as the market awaits President Trump’s 100-day speech. Over $4.7 billion in BTC has been withdrawn from exchanges since April 22, reducing supply and boosting price sensitivity to demand. Trump’s crypto policy clarity could spark a BTC surge, but tariffs may cap gains. Traders say Bitcoin price must clear key …
Continue reading “Will Trump’s 100-day speech end Bitcoin’s 'compressing' range?”
BlackRock’s exchange-traded fund (ETF) bought nearly $1 billion worth of Bitcoin on behalf of its clients on April 28, with continued inflows providing “structural support” for Bitcoin’s price appreciation, according to market analysts. BlackRock’s iShares Bitcoin Trust (IBIT) ETF bought $970 million worth of Bitcoin (BTC) on April 28, its second-largest day of inflows on …
Continue reading “BlackRock Bitcoin ETF buys $970M in BTC as inflows surge, boost market”
Key takeaways: Bitcoin supply in profit has climbed back above 85%, nearing the classic euphoric area. Onchain data shows strong accumulation from new and momentum buyers with minimal profit-taking. Bitcoin could rally toward $110,000–$115,000 helped by a “max buying” zone. Bitcoin (BTC) is charging toward a potential new all-time high near $115,000, as a surge …
Continue reading “Bitcoin targets $115K as BTC supply metric nears 'historic euphoria' zone”
