XRP surged 2.5% and cleared the $1.45 resistance level that had rejected multiple rallies since April. Here's what the volume data, on-chain flows, and key technical levels say about where price goes next.
Popular financial commentator Peter Schiff has called on the U.S. Securities and Exchange Commission to investigate statements made by Michael Saylor. The dispute centers on the suitability of STRC, perpetual preferred stock, for conservative investors.
Bitcoin (CRYPTO: BTC) is struggling to break out after testing $80,000, and Coinbase‘s (NASDAQ:COIN) David Duong says the outlook for the current quarter only remains neutral. Why Crypto Is Stuck The Coinbase Institutional Head of Research said on the Milk Road Show that crypto remains stuck in a "headline driven market," with traders reacting to fast-moving developments around Iran and broader geopolitical risk.
Saylor teasing another BTC buy ahead of a heavy macro data week looks strategically timed rather than coincidental.
Capital B (The Blockchain Group) (Euronext Growth Paris: ALCPB | US: CPTLF) has raised €15.2 Million (net ~€14.4 million) in a private placement. Capital B is a Bitcoin treasury company and is expected to use the additional funds to purchase more Bitcoin.
Capital B raised $17.8 million from strategic investors including Adam Back and TOBAM to support additional Bitcoin purchases and treasury growth. The private placement includes warrants that could unlock another $116.5 million through about 92 million additional shares if exercised later by investors.
Bitcoin ETFs: About $145.7M in outflows on May 8, led by Fidelity's $97.6M withdrawal, following $268M the previous day. Market Impact: Bitcoin dipped below $80K as geopolitical tensions and leveraged liquidations weighed on sentiment. Ethereum ETFs: Recorded $3.6M in inflows, continuing a pattern of relative resilience supported by network upgrades and institutional interest. U.S.
Strategy (NASDAQ: MSTR) has bought 535 more Bitcoins for about $43 million, taking its total holdings to 818,869, just shy of 819,000. Strategy spent $240,000 from May 4 to May 10 to buy these Bitcoins.
Strategy Inc. (NASDAQ:MSTR) bought 535 Bitcoin (CRYPTO: BTC) for $43 million at $80,340 per coin, bringing total holdings to 818,869 BTC. Back To Work After Brief Pause The purchase marks Strategy's return to weekly buys after pausing the week prior ahead of Q1 earnings.
The accelerating AI infrastructure race may end up becoming one of the strongest long-term catalysts for Bitcoin (CRYPTO: BTC), veteran macro investor Jordy Visser argues. "AI Agents Need Tokens" AI adoption is moving far faster than most institutions expected, creating massive demand for compute infrastructure, power and digital settlement systems, Visser said on the Anthony Pompliano podcast on May 9.
The treasury firm resumed Bitcoin buys after last week's pause, with Michael Saylor saying that Strategy would buy 30 BTC for every one sold.
Is Bitcoin about to enter the largest bullish phase in its history? Raoul Pal, one of the most respected macro strategists in the industry, is convinced.