The count of daily transactions on the network reached 831,000 operations on May 12. Bitcoin's price recorded significant technical resistance in the $82,200 zone. The Consumer Price Index (CPI) in the United States stood at 3.8%.
Hayes said military spending and the prioritization of AI infrastructure over US Treasurys and equities will lead to further fiat printing and benefit crypto.
Arthur Hayes says Bitcoin's bull market has already started, arguing that a new wave of dollar and yuan liquidity tied to AI spending, wartime policy and infrastructure rearmament could push BTC back to $126,000. In his May 12 essay, “The Butterfly Touch,” the BitMEX co-founder and Maelstrom chief investment officer framed crypto's next leg higher as a macro liquidity trade rather than a narrow digital-asset story.
Bitcoin price started a recovery wave above the $80,500 zone. BTC is consolidating and might aim for more gains if it clears the $81,500 resistance zone.
Peter Schiff thinks Strategy executive chairman and co-founder Michael Saylor is misleading retirees. The outspoken economist fired off a warning on X, asking how the SEC could allow Saylor to publicly describe STRC as suitable for retired investors whose main goals are low-risk wealth preservation and steady income.
Strategys preferred stock STRC is seeing strong investor demand after the company raised an estimated $240.13 million in net proceeds through its at-the-market (ATM) program. The latest capital raise highlights growing confidence in the firms Bitcoin-focused strategy, especially as STRC continues trading slightly above its $100 par value.
MARA is aggressively betting on AI and power generation to avoid potential trouble for miners after 2028 BTC halving
MARA Holdings (NASDAQ: MARA) saw its stock price tumble nearly 5% during intraday trading on May 12 after the Bitcoin mining company reported disappointing first-quarter 2026 earnings and revealed a massive Bitcoin sale. The decline reflects growing investor concerns over the firms profitability, debt strategy, and transition away from traditional crypto mining.
Bitcoin continues to show strength after reclaiming its 50-day and 100-day moving averages, signaling that the broader crypto market structure is no longer deeply bearish. While bullish momentum remains intact, the leading cryptocurrency is facing resistance near the $82,000 level, preventing a decisive breakout so far.
Strategy's Bitcoin-centric approach highlights potential for institutional crypto adoption but faces volatility and regulatory challenges. Michael Saylor details Strategy's $62B Bitcoin buying spree and Stretch credit engine in CoinDesk interview.
The massive surge in the Bitcoin price since April 2026 is still viewed as part of a broader bear market phase, according to on-chain analytics platform CryptoQuant. While some market experts believe the rebound could signal a new bull run, CryptoQuant's unrealized profit data show the numbers are nowhere near bull-market levels.
Rising exchange reserves and historical bear market rally patterns flashed warning signs for Bitcoin investors.