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Cryptonews
2w
69
Trader Swaps $1.2B BTC Long for $1B Short—Takes $17.5M Hit on Hyperliquid
- A trader on Hyperliquid closed a $1.2B BTC long with a $17.5M loss and switched to a $1B short using 40x leverage.
- The trader anticipated Bitcoin to surpass $110K but exited when the price dropped below $107K, resulting in the loss.
- This move shocked the crypto community as the trader, known as 'moonpig', took a $50M bet against Bitcoin on Hyperliquid.
- Despite the initial loss, the trader is currently up around $3M on the new short position and has a total profit of above $40 million on Hyperliquid.
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Livebitcoinnews
2w
78
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Pakistan Dedicates 2000MW Power to Bitcoin Mining and AI
- Pakistan has dedicated 2000MW of power for Bitcoin mining and AI data centers.
- The initiative aims to utilize excess electricity, attract foreign investment, and drive digital progress.
- The Pakistan Crypto Council, supported by the Finance Ministry, is leading the digital transformation strategy.
- The move is expected to bring economic benefits, attract foreign investment, create high-tech jobs, and strengthen Pakistan's position in the digital world.
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Bitcoinist
2w
401
Image Credit: Bitcoinist
2,000MW Of Pakistan’s Extra Electricity Now Reserved For Bitcoin Rigs
- Pakistan's government has allocated 2,000 megawatts of excess electricity for Bitcoin mining and artificial intelligence centers to boost the economy.
- The decision is part of a national digital transformation strategy with tax incentives to attract foreign investments and create tech jobs.
- There are special tax breaks for AI sites, duty exemptions for Bitcoin miners, and plans to set up a Digital Assets Authority to regulate the sector.
- Future plans include using renewable sources for mining to reduce carbon emissions and address environmental concerns.
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TronWeekly
2w
91
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Metaplanet’s NISA Strategy: Japanese Investors Find Clever Loophole for Bitcoin Returns
- Japanese investors are using Metaplanet’s stock within NISA accounts to gain Bitcoin exposure without the 55% crypto tax.
- Data from SBI Securities shows Metaplanet’s stock as the top purchase in NISA accounts.
- Japan’s regulatory clarity and innovative use of traditional financial products could inspire other nations to rethink tax-advantaged accounts for crypto investments.
- Metaplanet, a Japanese company, is adopting a Bitcoin treasury strategy similar to MicroStrategy, allowing investors to bypass crypto's high tax burden.
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Crypto-News-Flash
2w
61
Image Credit: Crypto-News-Flash
Bitcoin News: Macro Investor Raoul Pal Predicts BTC to Surpass $140K by July 2025
- Raoul Pal predicts that Bitcoin could surpass $140,000 by July 2025, based on his analysis of the correlation between Bitcoin's price movement and the global money supply.
- Pal believes that as liquidity flows back into the financial system, Bitcoin responds quickly and moves towards new highs, with a spot price of $109,350.
- Bitcoin's price is mainly driven by the amount of money available in the market, and Pal noted that this link between Bitcoin and money supply is not fixed, as Bitcoin's price could eventually outpace the money supply itself.
- Factors like investors' sentiment, economic indicators, and the Market Value to Realized Value Ratio (MVRV) also play a role in impacting Bitcoin's price movements, with experts suggesting a bullish outlook for Bitcoin's future.
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Bitcoinist
2w
208
Image Credit: Bitcoinist
Bitcoin Cup-And-Handle Pattern Suggests Bull Target Remains At $300,000 – Details
- Market analyst Gert Van Lagen predicts Bitcoin to reach $300,000 amid the current bull run, following new all-time high at $111,970.
- Bitcoin's cup-and-handle pattern suggests a potential breakout towards $300,000, supported by a recent breakthrough past critical market resistance at $69,000.
- Historically, Bitcoin has achieved exponential price targets, with the current institutional capital and approval of spot Bitcoin ETFs reinforcing the bullish outlook.
- At the moment, Bitcoin is trading at $107,794, with a 0.64% gain in the past day and 16.25% gains in the monthly chart as the bull market continues.
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Livebitcoinnews
2w
270
Image Credit: Livebitcoinnews
BNP Paribas Launches Tokenized Money Market Fund Shares
- BNP Paribas has launched tokenized MMF shares using blockchain for transactions, moving towards digital innovation.
- The project leverages CBDC trials and partnership with Allfunds Blockchain to digitize financial product lifecycles.
- The tokenized shares enable speedy and transparent access to funds, attracting both institutional and retail investors.
- BNP Paribas aims to improve efficiency in settlement transactions by embracing blockchain technology for enhanced financial operations.
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Bitcoinist
2w
327
Image Credit: Bitcoinist
Market Shock Incoming? Strategy Stock Could Crash Then Soar, Analyst Says
- Market watcher Sir Chartist predicts a potential sharp drop in Strategy's stock (MSTR) to as low as $350, followed by a rebound to $700 in a two-step move.
- Sir Chartist highlights that MSTR has fallen below key moving averages, indicating a bearish trend, with short-term momentum fading due to increased selling.
- He anticipates a bottom near $350 driven by panic selling, with a subsequent rebound signaled by lower selling volume and larger green bars.
- Strategy's plans to raise $2.1 billion through a stock sale for more Bitcoin could potentially impact MSTR's price, with historical patterns suggesting a rally after a sharp pullback.
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Zycrypto
2w
91
Image Credit: Zycrypto
Near-Term Price Prediction for Bitcoin Sits at $118,000, Here’s What a Market Analyst Expects
- Bitcoin's current price momentum above $100,000 has sparked bullish price predictions, with market analysts expecting a move towards $118,000.
- Analyst Willy Woo believes that once Bitcoin breaks its all-time high, the climb to $118,000 will be rapid, supported by significant capital inflows into the market.
- Bitcoin recently hit a new all-time high of $109,767 before retracing slightly, showcasing strong buying pressure and gaining over 24% in the last 30 days.
- Market participants are optimistic about Bitcoin's near-term performance, anticipating further bullish movement in the coming days.
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Livebitcoinnews
2w
288
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Home Manufacturer BOXABL Adds Bitcoin to Company Treasury
- BOXABL, a construction technology company, has adopted a Bitcoin treasury reserve strategy to diversify from holding only US dollars.
- By adding Bitcoin to its treasury, BOXABL aims to protect against inflation, increase financial flexibility, and align with other major organizations in the field.
- BOXABL not only views Bitcoin as a safe store of wealth but also allows customers to pay for housing products using cryptocurrencies, embracing innovation in corporate finance.
- This move by BOXABL reflects a growing trend of companies, including H100 Group AB, investing in Bitcoin as a reliable financial asset, signaling a significant impact on the industry's future development.
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Bitcoinist
2w
222
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Ethereum SOPR Signals Strength, Suggests More Upside Ahead – Details
- Ethereum (ETH) has shown significant price gains, with a trading price surge of over 80% following Bitcoin's market rebound in April.
- Popular crypto analyst Burak Kesmeci notes a positive on-chain event indicating further price appreciation for Ethereum, based on the Spent Output Profit Ratio (SOPR) metric.
- Ethereum's SOPR holding above 1 signifies positive investor sentiment, with the metric currently at 1.02, suggesting a healthy and sustainable market uptrend.
- Ethereum's current price is $2,523, with a slight price decline in the past 24 hours. The altcoin faces resistance at $2,700, and a breakout above this level could lead to a retest of the $4,000 region.
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Bravenewcoin
2w
4
Image Credit: Bravenewcoin
Trump’s Tarriff Threats Shake Markets, Michael Saylor To Buy the Dip
- President Trump intensified tariff threats, emphasizing the expectation for tech giant Apple to manufacture iPhones in the US, not China or India.
- Bitcoin faced volatility as it entered a 'compression zone' after breaking a key support level, with market sentiment being jittery and institutions continuing to buy the dip.
- MicroStrategy's Michael Saylor hinted at another Bitcoin purchase, aiming to follow through with their seventh consecutive week of Bitcoin accumulation, reinforcing his belief in Bitcoin as a hedge against fiat devaluation.
- Despite the current market dip, the overall market structure remains bullish, with analysts predicting potential Bitcoin price targets for 2025 and speculating on altcoins potentially outperforming Bitcoin in the long run.
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Coin Telegraph
2w
393
Image Credit: Coin Telegraph
Cardone Capital launches 10X Miami River Bitcoin Fund
- Cardone Capital has launched the 10X Miami River Bitcoin Fund, consisting of a multifamily commercial property in Miami and $15 million of Bitcoin.
- The fund converts a portion of its cash flows to Bitcoin and aims to accumulate $1 billion of real estate and $200 million in BTC.
- The unique approach of blending assets and Bitcoin could disrupt the market for real estate investment trusts and traditional commercial real estate investments.
- Cardone Capital aims to onboard investors and tenants to Bitcoin through a rewards program and plans to create a hybrid Bitcoin mortgage product.
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Livebitcoinnews
2w
401
Image Credit: Livebitcoinnews
Dubai Begins Real Estate Tokenization Using XRP Ledger
- Dubai has launched its first real estate tokenization project using blockchain-based XRP Ledger.
- Ctrl Alt is linking digital tokens with traditional real estate records, making property management smarter and more secure.
- The tokenized property market in Dubai is estimated to reach AED 60 billion by 2033, representing about 7% of all property sales in the city.
- The initiative aligns with Dubai's future objectives of becoming a global leader in new digital technology and investment approaches.
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Coin Telegraph
2w
74
Image Credit: Coin Telegraph
Bitcoin price expected to soar as global bond markets break — Here’s why
- Bitcoin is surging amidst a fragile global macroeconomic backdrop characterized by rising bond yields and stalling global growth.
- The shift in macro conditions that once posed a threat to Bitcoin's price is now fueling its ascent, reshaping how investors perceive risk and seek refuge.
- Rising US bond yields, fueled by the escalating debt crisis and surging Treasury yields, are impacting the global economy's stability.
- US President Trump's efforts to lower yields face challenges from the Federal Reserve, resisting strategies like lowering interest rates and quantitative easing.
- Investors are turning away from traditional safe havens like US Treasurys due to concerns over the US economy's magnitude of problems.
- The surge in US and Japanese bond yields indicates markets pricing in strong growth, persistent inflation, and a prolonged high-rate environment.
- Japan's shift in bond yields may impact US Treasurys as large Japanese institutional investors potentially unwind their holdings.
- Despite bond volatility traditionally affecting risk assets negatively, stocks and Bitcoin are rising, suggesting a divergence from conventional investor behavior.
- Institutions are increasingly favoring Bitcoin as a store of value, as evidenced by growing inflows into Bitcoin ETFs, indicating shifting perceptions of Bitcoin as a safe haven asset.
- Bitcoin's role as both a high-yield risk asset and a safe haven store of value signifies a shift in traditional investment frameworks amidst economic instability.
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