Cryptocurrency research firm K33 Research suggested that the STRC product issued by Strategy could play a significant role in Bitcoin’s mid-month price surge. According to the company’s report, Bitcoin recorded strong gains in the middle weeks of both March and April, and K33 Research Head Vetle Lunde believes this trend could continue this week. The
Consensys, the Ethereum development firm led by Joe Lubin, has pushed back its potential U.S. public offering until fall at the earliest due to poor market conditions, according to two people familiar with the situation. The MetaMask wallet builder had reportedly engaged bankers from JPMorgan and Goldman Sachs last year to lead the process. Consensys
Morgan Stanley, one of the world’s largest investment banks, has increased its Bitcoin holdings by 395.6 $BTC over the past 24 hours, according to data from the blockchain analytics platform Onchain Lens. The acquisition, valued at approximately $25.81 million at current market prices, brings the firm’s total Bitcoin treasury to 3,389 $BTC. Institutional Bitcoin Accumulation
Circle is intensifying its push into institutional payments infrastructure, arguing that stablecoin-based settlement systems can replace the batch-processing model still used across much of global finance. In a new paper published on 13 May, the USDC issuer described traditional payment and settlement rails as increasingly inefficient for modern global commerce. It pointed to delayed liquidity
BlackRock Chief Operating Officer Rob Goldstein revealed that demand for cryptocurrency has significantly exceeded the firm’s initial projections, marking a notable shift in institutional sentiment toward digital assets. Speaking during a Binance online stream, Goldstein addressed the market’s reception of BlackRock’s spot Bitcoin exchange-traded fund (ETF), IBIT, and outlined the asset manager’s broader strategic outlook
Stacks published a whitepaper proposing a self-custodial Bitcoin staking mechanism that generates native $BTC yield without bridges or wrappers. The protocol extends the Proof-of-Transfer mechanism in place since 2021, which has already distributed over 4,200 $BTC in rewards to participants. The initial PoX-5 phase targets around 3,000 $BTC in capacity with a 3% APY in
Blockchain fees are payments users make to process transactions onchain and offer a more direct measure of value capture than volume alone. A chain can process significant transaction throughput while generating relatively little in fees. Looking at last week’s fee distribution across major chains, the rankings tell a different story than raw activity metrics might
Bitcoin ($BTC) may reach $100,000 by June as Strategy’s renewed buying power and falling stablecoin dominance suggest liquidity is returning to crypto. Key takeaways: Michael Saylor’s Strategy may purchase at least 3,127 $BTC this week via the sales of STRC shares. Falling crypto market dominance of $USDT and $USDC stablecoins increases $BTC’s odds of reaching
Bitcoin Suisse (International) Ltd., an affiliate of the Switzerland-based Bitcoin Suisse Group, has obtained dual regulatory approvals from the Bermuda Monetary Authority, according to a note shared with Bitcoin Magazine. The Bermuda Monetary Authority (BMA) granted the entity a Class F license under Bermuda’s Digital Asset Business Act (DABA) and a Class B registration under
Strategy’s perpetual Stretch preferred stock, STRC, is likely driving strong mid-month performance for bitcoin, according to research and brokerage firm K33, creating a supportive short-term demand dynamic for the market. Bitcoin ($BTC) posted strong returns during the middle week of March and April, a pattern that Head of Research Vetle Lunde suggested in a new