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Bitcoin News
Coin Telegraph
39m
228
Image Credit: Coin Telegraph
Institutional investors continue to scoop up Bitcoin above $100K
- Bitcoin crossed the $100,000 mark again on May 8 as institutional investors continue stacking sats.
- Spot Bitcoin exchange-traded funds (ETFs) saw cumulative net inflows of $142.3 million on May 7, indicating sustained institutional interest.
- On May 8, Bitcoin ETFs received over $117 million in inflows, with IBIT leading with $69 million, showing bullish momentum.
- GBTC outflows are justified by high fees, pushing investors towards cheaper alternatives, linked to factors like tariffs and political crises.
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Cryptopotato
1h
170
Image Credit: Cryptopotato
Bitcoin Breaks $100K, Ethereum’s Pectra Upgrade Boosts ETH, Fed Holds Rates: Weekly Crypto Recap
- Bitcoin attempted to break $100,000 but faced resistance and fluctuated around $94,000 until a potential US-China trade deal news pushed it past $100,000 mark, hitting over $104,000.
- Ethereum saw a significant surge of almost 30% to reach nearly $2,500, its highest price in two months, following the implementation of the Pectra upgrade.
- Other altcoins like SOL, DOGE, SUI, ADA, BCH, HYPE, and SHIB also experienced double-digit price increases.
- Important developments include ETH's best day since 2021, SEC-Ripple settling for $50 million, New Hampshire enacting a Bitcoin reserve bill, Wall Street favoring Bitcoin over gold, and upcoming token unlocks worth $389 million.
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Coin Telegraph
1h
143
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Gemini to launch crypto derivatives in Europe with new license
- Gemini has received regulatory approval to expand crypto derivatives trading across Europe with a MiFID II license from the Malta Financial Services Authority (MFSA).
- Gemini's upcoming derivatives offering in the EU and EEA will include perpetual futures and other derivatives for advanced users on the platform.
- Gemini's Maltese entity, Gemini Intergalactic EU Artemis, obtained a license on May 8 to offer regulated derivatives throughout Europe.
- Gemini's move aligns with the increasing trend of cryptocurrency exchanges entering the derivatives market, with Coinbase acquiring Deribit and Kraken purchasing NinjaTrader to offer futures trading.
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Coin Telegraph
1h
57
Image Credit: Coin Telegraph
TapSwap on Telegram: Is it legit or a scam?
- TapSwap is a tap-to-earn Web3 application within Telegram, with no separate download required.
- Launched in mid-2024, TapSwap quickly gained popularity, attracting over 72 million users and 3 million daily active participants by February 2025.
- The platform operates through tapping mechanics, allowing users to earn TAPS tokens easily.
- TapSwap plans to expand into a larger gaming ecosystem with new games like Treasure Hunt and Warrior’s Legacy.
- It aims to attract third-party developers by offering an SDK for easy integration of games into the platform.
- Users can maximize their rewards in TapSwap by utilizing strategies like daily codes, watching videos, and completing tasks.
- Common mistakes new players make include falling for fake bots and scams, expecting immediate payouts, and ignoring game updates.
- TapSwap's legitimacy is supported by its large user base, official token audit, KYC compliance, active communication, and published roadmap and white paper.
- Concerns include an anonymous founding team, Telegram bot issues, scam impersonators, and withdrawal delays.
- Future plans for TapSwap include transitioning to skill-based gaming, TAPS token listing and trading, staking mechanisms, improving user interface, community engagement, and developer engagement.
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Coin Telegraph
2h
16
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Taiwan lawmaker calls for Bitcoin reserve at national conference
- Taiwanese lawmaker Ko Ju-Chun proposed adding Bitcoin to the national reserves as a hedge against global economic uncertainty.
- Ko suggested recognizing Bitcoin alongside gold and foreign exchange reserves to enhance Taiwan's financial resilience.
- He emphasized Taiwan's export-driven economy, currency volatility, and the need for diverse assets for risk mitigation.
- Ko recommended allocating a small portion of Bitcoin to Taiwan's reserves for sovereign asset allocation and financial system backup.
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Coinjournal
3h
29
Image Credit: Coinjournal
Pepe price jumps 40% amid memecoin rally driven by Bitcoin surge
- Pepe, a memecoin, surged by 40% in 24 hours, outperforming other tokens like Dogecoin and Shiba Inu.
- The rally was fueled by Bitcoin crossing $100,000 and Ethereum surpassing $2,200, leading to a broader altcoin market surge.
- Pepe broke through a critical resistance at $0.000009 with rising whale accumulation and a 150% increase in trading volume.
- Technical indicators suggest potential new all-time highs for Pepe with target levels at $0.00001712, $0.00002118, and possibly $0.00006.
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Newsbtc
3h
250
Image Credit: Newsbtc
Ethereum Jumps To $2,000 Amid Market Surge – Analyst Says This Resistance Is Next
- Ethereum surged past $2,000 for the first time since March, reaching a seven-week high of $2,075.
- Market analysts suggest Ethereum could reclaim its macro range following the recent price jump.
- Analysts emphasize the importance of Ethereum staying above $1,930 to avoid a rejection and confirm a breakout towards the $2,200 level.
- Key supply barrier for Ethereum is around $2,380, where clearing this level could spark a new bull rally.
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Bitcoinist
55m
150
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Bitcoin Price To $150,000: BTC Is Mirroring Bullish Fractal From 2020
- Bitcoin price has surpassed $100,000 and is displaying bullish behavior, with positive sentiment in the market.
- A crypto analyst noted that the current Bitcoin trend is resembling a fractal from 2020, with similar accumulation and distribution patterns.
- The analyst highlighted that the Bitcoin price broke the Pivot trend line and is currently in a retest phase at $97,000, aiming for a potential rally to $150,000.
- Factors like the 50-Day Moving Average acting as support, RSI sequences aligning, and macroeconomic conditions favoring risk assets like Bitcoin contribute to the optimistic outlook.
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Bitcoinmagazine
1h
260
The Enhanced Bitcoin Everything Indicator Unlocks Massive Profits
- The Bitcoin Everything Indicator is a composite tool designed to provide a comprehensive view of all major forces impacting BTC price action, including on-chain, macro, technical, and fundamental factors.
- By upgrading the indicator with a moving average crossover strategy, it can now offer more frequent and actionable insights without compromising its core integrity.
- The Everything Indicator combines on-chain metrics, macroeconomic inputs, network data, technical overlays, and mining health metrics to create an aggregate score tracking Bitcoin market dynamics.
- Backtesting shows that the indicator consistently highlights macro turning points, such as cycle tops and bottoms, across major Bitcoin cycles.
- The addition of a 200-day moving average to the indicator allows for earlier entries and de-risking signals based on directional changes.
- Shortening the moving average period to 20 days increases the signal frequency, providing more entry and exit points per cycle for active traders.
- The improved indicator offers flexibility for both long-term investors seeking macro confirmation and active traders responding dynamically to market changes.
- By adapting the tools to individual strategies with overlays, moving averages, bands, and filters, users can enhance the power and intuitiveness of the Bitcoin Everything Indicator.
- The strategy incorporating the enhanced indicator has shown significant outperformance compared to simply holding BTC over multiple timeframes.
- This article emphasizes the importance of doing thorough research and not relying solely on the information provided as financial advice.
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Coinjournal
1h
298
Image Credit: Coinjournal
Steak ‘n Shake to start accepting Bitcoin at over 300 outlets in US from May 16
- American fast-food chain Steak ‘n Shake will start accepting Bitcoin at all of its 300+ US locations from May 16.
- The decision marks a significant move in normalizing cryptocurrency payments in everyday transactions, presenting a practical test for Bitcoin's utility.
- The integration of Bitcoin will challenge its scalability and efficiency in a high-speed retail setting known for thin margins and high volume.
- The move follows previous limited crypto experiments by other chains like Starbucks and Chipotle, while global experiences like in Venezuela and El Salvador show mixed results in crypto adoption.
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Coinpedia
2h
309
Image Credit: Coinpedia
Raoul Pal Says Altcoin Season Is Coming—Bitcoin Dominance Drops
- Bitcoin price surpasses $100,000, sparking discussions about a potential altcoin rally versus Bitcoin dominance.
- Raoul Pal introduces the concept of the “Banana Zone” for altcoins, signaling a shift from Bitcoin dominance.
- BTC surges to $103,322 while BTC dominance drops to 63.69%, indicating a possible altcoin rally according to Pal.
- The Altcoin Season Index is at 41, suggesting growing interest in altcoins but not a full-blown altcoin season yet.
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Bitcoinsensus
3h
99
Image Credit: Bitcoinsensus
Is Pi Network Price About to Scare Everyone? Here’s What I’m Watching
- Liquidity zones act as unfinished business in the market, often causing price to return.
- The recent breakout in Pi Network left behind a messy situation, challenging conventional expectations.
- Patience is key in trading, as not every move needs to be captured to achieve success.
- The Pi Network price surge was unanticipated, leading to uncertainty about its future movements.
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Coinjournal
3h
23
Image Credit: Coinjournal
XRP rallies as Bitcoin breaks out and Fed pauses; Bitcoin Pepe targets 300% surge
- XRP price is rising following Bitcoin’s breakout past $100K, with the SEC settlement boosting the outlook.
- Bitcoin Pepe combines Bitcoin’s security with Solana’s speed for meme trading.
- Bitcoin Pepe’s presale offers up to 300% gains for early participants.
- XRP and Bitcoin Pepe are benefiting from market developments, with XRP seeing significant price jumps and Bitcoin Pepe gaining momentum with its promise of high gains and innovative features.
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TronWeekly
3h
16
Image Credit: TronWeekly
Coinbase Misses Q1 2025 Revenue Amid Bitcoin Surge
- Coinbase reported Q1 2025 revenue at $2.03B, missing the expected $2.2B, despite Bitcoin's surge towards $100K.
- Transaction revenue declined due to macro uncertainty and cautious sentiment, impacting trading activity.
- Coinbase acquired Deribit for $2.9B to expand into crypto derivatives amidst slowing spot trading growth.
- Coinbase's aggressive expansion and acquisitions aim to secure a stronger position in the evolving cryptocurrency market.
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Bitcoinsensus
4h
277
Image Credit: Bitcoinsensus
SUI Price Analysis: What’s Next for SUI
- SUI price analysis indicates the possibility of untapped liquidity above the current price, hinting at a potential target in the coming days.
- The daily supply zone has already shown a reaction, suggesting that the price is consolidating before its next significant move.
- While a bullish push higher is anticipated, the price remains unpredictable, with both bullish and bearish outcomes still plausible.
- Recent developments in the SUI price, including equal highs and reactions at supply zones, indicate potential for further movements, with the market showing signs of building energy for future price action.
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