On-chain data shows strong buyer demand absorbed heavy sell pressure as Bitcoin climbed past $80,000.
The company K Wave Media Ltd. (NASDAQ: KWM) has transformed its business model, moving from a firm focused on South Korean entertainment to an AI infrastructure company. This decision involves diverting the $485 million that were originally intended for an ambitious Bitcoin treasury strategy. Following the announcement this Monday, the firm's shares plummeted 25.
Paradigm Bitcoin general partner Dan Robinson published a proposal on May 1 for Provable Address-Control Timestamps, or PACTs, a system that lets dormant Bitcoin holders privately timestamp proof of key ownership before quantum computers arrive, creating a potential rescue path
Morgan Stanley head of digital asset strategy Amy Oldenburg said at the Bitcoin 2026 Conference in Las Vegas that Bitcoin on US bank balance sheets is “not totally out of the question,” citing 16 months of regulatory progress while warning
The Bitcoin weekly chart is sitting at a crossroads. The price is pushing against a resistance zone between $78,000 and $80,000 — a level that analysts say could determine whether the market shifts direction or slides further down.
Santiment data reveals a striking gap between Bitcoin's price recovery and its network participation.
Bitcoin has reclaimed the $80K level, with data showing that short liquidations played a key role in pushing prices higher.
Bitcoin price broke above $80,000 on May 4 for the first time since January 31, reaching the level as Consensus 2026 opened in Miami and $630 million in US spot Bitcoin ETF inflows on May 1 gave the move institutional
K Wave Media is shifting $485 million in funding from its Bitcoin treasury strategy towards an AI infrastructure play.
Bitcoin mining suffers an identity crisis. The original story promised a network sustained by thousands of anonymous participants, each competing fairly from a personal computer. That image no longer holds. Today two pools control over sixty percent of the hashrate. A handful of manufacturers design and distribute the specialized chips.
A recurring on-chain and cycle-based signal that has historically marked Bitcoin bottoms is aligning again after roughly 14-month downturn patterns seen in 2014, 2018, and 2022. Analysts highlight that metrics like MVRV and washed-out sentiment suggest risk has already been repriced.
The video game retailer's proposed acquisition plan revives question on whether its $368 million bitcoin stash could be sold to fund the expansion.