State Street Corporation has significantly expanded its investment in Vivek Ramaswamys Strive Asset Management (NASDAQ: ASST), signaling growing institutional confidence in Bitcoin treasury companies. The global asset management giant, which oversees nearly $5.6 trillion in assets, disclosed the purchase of 1 million shares of Strive stock valued at approximately $17.7 million.
Long-term holder supply has surged by more than 2 million coins to 16.3 million BTC during the current bear market.
The Bitcoin weekly chart has printed a red candlestick in a way that has quietly preceded some corrections. This candlestick appears in the numbers: in the open, the push, the rejection, and the close.
SpaceX is up over 100% on its BTC holdings. Hyperliquid is decoupling from crypto majors.
Bitcoin's short recovery stalled near $78,000 after repeated rejections around $82,000 and a slide to roughly $76,000 earlier this week. Market capitalization added more than $30 billion to approach $2.680 trillion, while BTC dominance slipped slightly to 58.2%.
SpaceX's Bitcoin investment underscores growing institutional interest, potentially stabilizing and elevating cryptocurrency market dynamics. SpaceX reveals $1.4B Bitcoin holding, boosting market confidence.
SpaceX disclosed 18,712 Bitcoin worth $1.29B in its IPO filing as the company seeks a Nasdaq listing at a possible $1.75T valuation.
Millionaire businessman Kevin O'Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could be the biggest beneficiary of traditional finance (TradFi) firms moving on-chain.
Bitcoin trades near $77,390 as hawkish Fed minutes pressure risk assets, while analysts watch whether BTC can break toward $79,000.
The clustering of Bitcoin options at $82K could drive market volatility, influencing price discovery and highlighting the maturing crypto market. Traders flock to $82,000 Bitcoin calls ahead of May 29 expiry.
The tariff refund trade has moved from court hypothesis to Treasury accounting, and the macro picture looks more consequential than traders initially framed it, with traders increasingly watching whether the process can improve Bitcoin price's macro outlook. The US Customs and Border Protection had processed $35.
Rising U.S. Treasury yields are emerging as the most consequential signal in markets, potentially exerting more pressure on Washington's geopolitical decision-making than battlefield headlines. As scrutiny has fixated on missiles, the Strait of Hormuz, and retaliation risks, the deeper stress point has been flashing elsewhere: the U.S. bond market—where the benchmark 10-year yield is again climbing, threatening to reprice global assets in unison.