Bitcoin is making traders wait even longer for a move out of its current range — but not everyone thinks that new all-time highs are a sure bet next. Key points: Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction. Price discovery is keenly awaited, but downside predictions include...Continue Reading

Bitcoin margin longs dropped, but options and ETF flows point to strong bullish sentiment from professional investors. Key takeaways: Bitfinex margin longs fell 18%, despite Bitcoin price rising 24% in 30 days. $6.8 billion in long positions far outweight the current $25 million in shorts. Read moreContinue Reading

Bitwise chief investment officer Matthew Hougan said that a Bitcoin supply shock is coming, driven by heightened demand from institutions. Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand. In an interview with Cointelegraph at Consensus 2025...Continue Reading

The company had a weak Q1 2025, suffering a loss of $295 in net income according to company investor reports. Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair and infuriating, CNBC reported. The crypto and infrastructure company, which is also listed...Continue Reading

Several altcoins are in the process of double and triple-digit rallies as US money supply expansion and data from the TOTAL3 index point to the early stages of an altseason. Key takeaways: The total altcoin market cap (excluding ETH) gained $126 billion in Q2, fueling speculation of an altseason. The altcoin market cap, excluding Ether...Continue Reading

The SolvBTC.AVAX token generates yield through a multi-protocol strategy that involves Elixir, Euler and Re7. Solv Protocol has launched a yield-bearing Bitcoin token on the Avalanche blockchain, giving institutional investors more exposure to yield opportunities backed by real-world assets, or RWAs. On May 16, the protocol unveiled SolvBTC.AVAX, a token that connects Bitcoin (BTC) to...Continue Reading

Regulatory filings show that Nvidia increased its stake in CRWV by the end of the first quarter to 24.2 million shares from 17.9 million shares. Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly...Continue Reading

Lawyers for Eric Council Jr. had requested a sentence of one year and one day, while the US government asked for two years. A federal judge sentenced Eric Council Jr., who participated in posting a fake announcement on the US Securities and Exchange Commission’s X account saying it would approve spot Bitcoin (BTC) ETFs, to...Continue Reading

The healthcare company said that a Bitcoin treasury will help finance its expansion plans. Shares of Basel Medical Group are down around 15% after the healthcare company announced plans to buy $1 billion in Bitcoin for its corporate treasury.  On May 16, Singapore-based Basel said it was “in advanced discussions with a consortium of institutional...Continue Reading

Lawyers for the crypto platform tied to the president’s family said a call for an investigation and oversight was “fundamentally flawed.” Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by US lawmakers to investigate the president’s potential conflicts of interest. In a May...Continue Reading