In the cryptocurrency market, the sustainability of Bitcoin’s rise above the $80,000 level continues to be a subject of debate. According to some analysts, the recent price movement is being shaped more by macroeconomic developments than by a strong surge in demand. Macro analyst and Coin Bureau co-founder Nic Puckrin stated that Bitcoin’s recent recovery
Securitize has received approval from FINRA’s Continuing Membership Application (CMA) to expand its broker-dealer activities, becoming the first broker-dealer approved to custody tokenized securities. The approval grants Securitize the ability to provide a complete infrastructure stack for conducting initial public offerings onchain, combining custody, brokerage, and issuance capabilities for digital securities. The FINRA approval represents
Bitcoin is entering a decisive week, holding near the $80,000 level as multiple forces begin to align. According to Crypto Banter analystKyledoops, this rally is not over yet; instead, it is building toward a larger move. The current setup connects macro data, institutional demand, and geopolitical developments into one clear narrative: Bitcoin is preparing for
GameStop (GME) is aiming for a major expansion with a proposed $55.5 billion acquisition of online marketplace eBay (EBAY), raising fresh questions about whether its bitcoin holdings could help fund the deal. The video game retailer, which holds about $368 million worth of $BTC, submitted a non-binding offer Sunday to buy eBay for $125 per
Pentoshi, a closely followed anonymous analyst in the cryptocurrency market, shared a noteworthy assessment following the recent rise in Bitcoin. The analyst, particularly focusing on developments in institutional demand, provided important signals regarding the market’s supply and demand balance. Pentoshi, drawing attention to MicroStrategy’s Bitcoin purchases, stated that the company has reached a total of
It has cost Michael Saylor-founded Strategy (formerly MicroStrategy) 10 figures to flip its 11-figure loss from February back into positive territory this month and eke out a 1% annual rate of return since his company started buying bitcoin ($BTC). On May 1, $BTC rallied above the company’s then-$75,537 average cost basis. Last night, it extended
Leading financial market strategists and cryptocurrency experts discussed global macroeconomic balances and Bitcoin’s place within this context in a panel discussion. Bloomberg’s Mike McGlone, former CoinRoutes CEO Dave Weisberger, and macro strategist James Lavish offered crucial predictions about the future of the markets. One of the main topics of the panel was digital assets, where
On May 4, bitcoin reclaimed the $80,000 threshold, hitting a three-month high of $80,617 and pushing its market cap past $1.6 trillion. Key Takeaways Bitcoin hit a 3-month peak of $80,617 on May 4, possibly signaling the end of the latest crypto winter. Volatility caused $554 million in liquidations as Brent crude hit $115 amid
David Sacks, former White House AI & Crypto Czar, recently stated that AI has become a core driver of economic growth in the United States. His opinion is that stopping progress with AI would be akin to bringing the U.S. economy to a screeching halt. This Sunday, David Sacks posted on X to state his