Bitcoin breaks $78,000 and the S&P 500 hits a new all-time high as geopolitical tensions ease following Iran's latest negotiation proposal to the US.
The crypto asset rose nearly 3% over the past 24 hours.
Ark Invest forecasts Bitcoin market cap to reach $16T by 2030, driven by rising institutional demand and global adoption trends.
Bitcoin has reclaimed $78,000 on Gate's BTC/USDT pair, extending a rebound from $76,000 and keeping the market within range of the closely watched $80,000 level.
Bitcoin futures open interest has climbed 5.92% to $57.621b, signaling traders are re‑levering into BTC derivatives as open positions concentrate on a few major exchanges.
On-chain sleuth Tyler has drawn attention to a Bitcoin hard fork proposal amid the quantum threat to the Bitcoin network. This has raised concerns about what could happen to Satoshi Nakamoto's BTC holdings, although the developer behind the proposal has assured that Satoshi's coins will remain safe.
Bitcoin exchange-traded funds in the U.S. pulled in roughly $2 billion during April. That's the biggest monthly haul so far this year.
Saylor details STRC's explosive growth, semi-monthly dividend proposal, and a three-layer Bitcoin credit vision.
The figure implies a sharp increase in the bitcoin price.
Tether's latest push toward a Bitcoin‑anchored corporate structure marks a turning point for the stablecoin industry. By proposing mergers tied to its Bitcoin‑treasury arm, the company is signaling that its long‑term strategy may rely less on traditional finance and more on BTC as a foundational reserve asset.
Defense Secretary Pete Hegseth told Congress that Bitcoin can serve as a tool of US strategic leverage, linking the asset to classified Pentagon efforts and a broader competition with China.
Tether's robust profit and record reserves highlight its resilience and significant influence in the global digital currency and financial markets. Tether posts $1 billion Q1 profit, hits record reserves and holds $7 billion in Bitcoin.