Bitcoin's price rose about 20% in April, but the rally was driven by speculative perpetual futures demand while spot demand remained weak, CryptoQuant said.
Bitcoin is trading at $78.3k as the first weekend of May opens. It has done something it has not managed since the cycle peak, which is closing above the 100-day MA and breaking out of a long-term descending channel that contained the entire bearish trend.
Taiwan's central bank is being given one month to produce a report on stablecoins and digital asset reserves — a deadline set not by its own leadership, but by a lawmaker in the country's legislature.
Bitcoin struggles to clear $80,000 as weak spot volumes cast doubt on the rally's strength and staying power.
Bitcoin's riding higher. But options markets aren't buying the hype—at least not yet.
Bitcoin derivatives markets are sending mixed signals Saturday as open interest climbs back toward $30 billion as options and futures traders hold positions across every major exchange. Key Takeaways: Binance leads all exchanges in BTC futures open interest at 134,620 BTC, while CME posted the strongest 24-hour gain at plus 6.16% on May 2.
The country that gave the world its first crypto ATMs is now preparing to eliminate them entirely. In April 2013, a Vancouver coffee shop installed what would become crypto's most recognizable retail footprint, a machine that let ordinary people convert cash into Bitcoin without a bank account, a broker, or much friction at all.
The Bitcoin price enjoyed a modest recovery on Friday, the start of May. Alongside its technically bullish structure, this auspicious beginning tells a story about Bitcoin's chances of performing impressively in the coming weeks.
ETF inflows vs. seasonal weakness: Is institutional demand reshaping Bitcoin's May outlook?
Paradigm researcher Dan Robinson published a proposal on May 1 that could let dormant bitcoin holders, including those believed to be Satoshi Nakamoto's coins, silently prove address control before quantum computers can crack their keys.
A freshly created wallet has withdrawn 1,051 bitcoin from Binance in a single move worth approximately $82.35 million, with analysts pointing to the transaction as a signal of deliberate accumulation. Key Takeaways: A new wallet pulled 1,051 BTC worth $82.35 million from Binance, per Lookonchain. U.S.
Japan has recently executed an exchange intervention on the 30th of April with compelling implications for the Bitcoin market. This event follows Bitcoin's bullish performance in the opening Q2, during which prices surged by 14%, providing much-needed relief amid the current bear market.