Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR) Strategy (MSTR) added another 15,355 BTC to its balance sheet over the past week, spending about $1.42 billion on the purchase, or an average price of $92,737 per bitcoin, according to a filing published on Monday. The company’s bitcoin holdings have now risen…
In brief El Salvador added 32 Bitcoins last month, bringing its total holdings to 6,161.18 BTC worth $584 million. The country remains officially compliant with IMF restrictions by channeling purchases outside the fiscal sector, according to an IMF official. A first IMF program review is underway, focusing on broader fiscal reforms and economic stability. El…
Michael Saylor’s Strategy added to its massive Bitcoin stash last week as the cryptocurrency surged above $90,000. In an April 28 announcement, Strategy reported acquiring 15,355 Bitcoin (BTC) between April 21 and 27. The latest purchases cost Strategy $1.42 billion at an average price of $92,737 per BTC, increasing the company’s aggregate BTC holdings by…
As of April 28, 2025, Bitcoin (BTC) is trading at approximately $95,379, marking a 1.68% increase over the past 24 hours. This price movement reflects a broader bullish trend that has been building over the past week. Key Factors Driving Bitcoin’s Price Surge Several interrelated factors are contributing to Bitcoin’s recent upward momentum: 1. Institutional…
Peter Chung, head of research at quantitative trading firm Presto, has repeated his prediction that Bitcoin (BTC) will reach $210,000 by the end of 2025. In an April 28 interview with CNBC, Chung cited institutional adoption and global liquidity expansion as the primary drivers behind his long-term bullish outlook. The analyst acknowledged that market conditions…
14h05 ▪ 5 min read ▪ by Eddy S. The cryptocurrency market is holding its breath this week. Bitcoin struggles below a critical resistance, ethereum shows signs of fatigue, and XRP gains momentum… As volatility intensifies, every move counts. Discover our strategic forecasts to anticipate the next major maneuvers on these three major assets. In…
Coinbase, the world’s third-largest cryptocurrency exchange by volume, is launching the Coinbase Bitcoin Yield Fund on May 1, aiming to offer Bitcoin (BTC) exposure for institutional investors outside the US. The fund targets an annual net return of 4% to 8% on Bitcoin holdings, according to an April 28 blog post by Coinbase. “To address…
Bitcoin Analysis Today – Micro Bitcoin Futures (MBT) – April 28, 2025 Current Price: 95,760 (MBT Contract) Market Context and Key Levels for Bitcoin Today: Micro Bitcoin Futures (ticker: MBT) are currently trading at 95,760. Bitcoin futures today are gravitating towards a critical price magnet at 95,930—the Point of Control (POC) from Friday’s trading session.…
The Stacks Asia DLT Foundation has become the first Bitcoin-based organization to establish an official presence in the Middle East, aiming to promote institutional Bitcoin adoption through expanded educational initiatives. Stacks Asia has partnered with the Abu Dhabi Global Market (ADGM) — one of the world’s fastest-growing financial centers — in a move that could…
April 28, 2025 09:49:13 UTC Bitcoin’s Role as a Hedge Strengthens Amid Political Instability and Monetary Uncertainty Bitcoin is increasingly viewed as a hedge against political instability and uncertain monetary policies. Call skew remains elevated, with large volumes of BTC options, such as 500x BTC-30MAY25-104k-C and 800x BTC-27JUN25-135k-C, purchased last Friday. This suggests a more…