Bitcoin’s premium on South Korean exchanges climbed to 1.98% on May 7. That’s the highest it’s been since late February. At the same time, onchain data shows holders are cashing out their biggest daily profits in five months, with $BTC trading above $80,000. Bitcoin’s Kimchi Premium is tracked by CryptoQuant’s Korea Premium Index (KPI). It
Strategy CEO Phong Le said the company’s success rests on more than the Bitcoin held on its balance sheet. In a post on X, he argued that Strategy’s enterprise software business remains a core part of the company’s long-term model. Le said the software unit gives Strategy engineers, cloud teams, enterprise customers, compliance systems, and
On May 10, 2010, developer Laszlo Hanyecz published a post on the Bitcointalk forum explaining how to mine Bitcoin using an NVIDIA 8800 GTS graphics card instead of a CPU. Today marks exactly 16 years since that publication that helped drive the network’s hash rate up by 130,000% by the end of the same year.
Global markets are entering a major week filled with inflation reports, geopolitical developments, and central macroeconomic data. Traders are closely watching new comments from Iran alongside upcoming U.S. economic releases. The Kobeissi Letter reported that Iran sent a response to a U.S. proposal through Pakistani mediators. Shortly afterward, Iranian President Masoud Pezeshkian stated that negotiations
Bitcoin ($BTC) is approaching two major resistance zones that could determine its next market direction, according to cryptocurrency analyst Michael van de Poppe. In an X post on May 9, the analyst identified the first key resistance area between $86,000 and $88,000, while the second and more significant zone sits between $93,000 and $95,000, aligning
Bitcoin ($BTC) may head into next week’s US inflation report with less support than it had during the last two CPI releases, raising the risk of a pullback toward $70,000. Key takeaways: Cleveland Federal Reserve nowcast projects April headline CPI to rise to 3.56% year over year. $BTC’s rising wedge pattern could trigger a decline
Bitcoin hovered near $80,901 on May 10, 2026, just after 8 a.m. ET, while maintaining a broader bullish market structure across the daily, four-hour, and one-hour charts. With price action trapped between stubborn resistance and resilient support, traders are watching bitcoin behave like a caffeinated cat pacing near a closed door, clearly plotting its next
Bitcoin ($BTC) eyed $81,000 into Sunday’s weekly close as traders saw a fresh support retest next. Key points: Bitcoin preserves $80,000 over the weekend, but traders are waiting for a dip to retest a familiar chart feature. Continuation higher remains the overall consensus for what happens afterward. US CPI data is due out, with Bitcoin
Bitcoin continues to trade within a broader recovery structure following the strong rebound from the $60K region. However, despite the recent bullish momentum, the market has been struggling to reclaim a decisive resistance zone at the $80K region, where the next major directional move is likely to emerge. Bitcoin Price Analysis: The Daily Chart On