Notizie

According to Odaily, Bitcoin's price approached its monthly low on May 6, just before the U.S. stock market opened, hovering near the annual opening support level of $93,500. This indicates a lack of clear market direction. In contrast, gold showed strong performance, rising 1.5% on the day and accumulating a 4.4% gain for the week. Trading firm QCP Capital noted that despite a weaker dollar and stronger emerging market currencies, particularly the New Taiwan Dollar, the cryptocurrency market's volatility remains low, with no clear market direction. Technical indicators reveal a short-term bearish signal from the MACD, while the weekly chart suggests a potential bullish crossover. Trader Keith Alan warned that if the current support level fails, Bitcoin's price could drop to $91,600 or even fall within the $88,000 to $90,000 range. The market is currently focused on the upcoming Federal Reserve interest rate decision and the speech by Chairman Jerome Powell scheduled for May 7.

According to Odaily, U.S. President Donald Trump announced a global tariff plan on April 2, known as 'Liberation Day,' which led to significant volatility in global markets. Historically, cash (U.S. dollars), bonds (U.S. Treasury), and gold have served as safe-haven assets during such times. However, Bitcoin has recently become a standout in the market's transformation. As the 'sell America' trade gains momentum, investors are increasingly recognizing Bitcoin's role as a store of value. As of April 30, Bitcoin has emerged as the best-performing asset since 'Liberation Day,' with a 13.2% increase over the past 30 days, surpassing traditional safe-haven assets.

According to Foresight News, Bitcoin has dropped below 94,000 USDT, currently trading at 93,988.26 USDT. This marks a daily decrease of 0.79%.

On May 06, 2025, 10:46 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 94,000 USDT and is now trading at 93,999.992188 USDT, with a narrowed 0.22% decrease in 24 hours.

According to Odaily, cryptocurrency analyst Ali has released an analysis indicating that whales have sold approximately 50,000 Bitcoin over the past ten days. This activity is seen as a clear sign of profit-taking in the current market.

According to Cointelegraph, Bitcoin Core developers have announced a significant change in the upcoming network upgrade, which will remove the existing limit on transaction data. This decision aims to enhance the efficiency of data inclusion in transactions. The announcement, made by Bitcoin developer Greg Sanders on GitHub, states that the next release will, by default, relay and mine transactions with OP_RETURN outputs exceeding 80 bytes, allowing any number of these outputs. This change marks the end of a long-standing limit that was initially intended as a signal to use block space sparingly for non-payment proof of publication data. However, Sanders noted that the limit has outlived its utility. The proposal, known as PR 32359, was created by Bitcoin pioneer Peter Todd at the request of Chaincode Labs. OP_RETURN is a special type of Bitcoin transaction output that enables the storage of small amounts of data on the blockchain. It gained popularity during the ordinals inscriptions craze in early 2024. Unlike regular transaction outputs, OP_RETURN outputs are not spendable and do not contribute to the unspent transaction outputs (UTXOs) bloat. Sanders explained that the original limit is no longer effective as users have found ways to circumvent it, such as using fake output addresses, which are detrimental to the network. Some mining services have already been ignoring the limit, leading to large-data inscriptions occurring regardless, often in more abusive forms. Removing the limit is expected to result in a cleaner UTXO set, more consistent network behavior, and better alignment with Bitcoin's actual usage. The decision to remove the cap was made after considering three possible paths: keeping the cap, raising the cap, and removing the cap. The removal option garnered broad, though not unanimous, support. However, the change has sparked controversy among some users. Bitcoiner Samson Mow expressed concerns on X, stating that many users find the change undesirable for various reasons. He suggested that users could refuse to upgrade and remain on version 29.0 or opt for another network implementation. Critics have raised issues about the proposal being introduced without a proper consensus process. Marty Bent, managing partner at Ten31 Fund, emphasized the lack of consensus on the OP_RETURN issue. Additionally, concerns have been raised about potentially deprioritizing Bitcoin's financial utility and undisclosed conflicts of interest.

On May 05, 2025, 22:37 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 95,000 USDT benchmark and is now trading at 95,000 USDT, with a narrowed 0.19% increase in 24 hours.

According to Odaily, Riot Platforms, a publicly traded Bitcoin mining company, announced on Monday that it has sold Bitcoin mined in April, marking its first sale of mined Bitcoin in over a year. The company sold 475 Bitcoins, generating approximately $38.8 million in net proceeds. This sale included 463 Bitcoins mined in April and an additional 12 Bitcoins from reserves. Riot's last significant Bitcoin sale occurred in January 2024.

According to PANews, Greg Cipolaro, the Global Head of Research at NYDIG, highlighted in a recent report the significant potential for publicly listed companies holding Bitcoin to influence market prices. These companies possess substantial 'dry powder,' referring to their ability to raise funds through new stock issuance. Cipolaro suggests that if these firms capitalize on their currently high stock prices to issue new shares and use the proceeds to purchase Bitcoin, it could notably affect market prices. Cipolaro's preliminary estimates indicate that such capital deployment could increase Bitcoin's price by approximately 44% from its current level of nearly $96,000. The report also mentions that companies solely focused on Bitcoin, like Twenty One, could amplify this potential impact due to their market enthusiasm and structural advantages.

Today marks the official deadline for the U.S. Treasury Department to deliver its assessment on establishing a strategic Bitcoin reserve, as mandated by former President Donald Trump’s executive order issued on March 6, 2025.The directive, signed during Trump’s return to office, aims to formalize Bitcoin as a strategic asset for national reserves. As per the executive order, the Treasury was instructed to evaluate the feasibility of incorporating Bitcoin—particularly seized BTC—into a U.S. strategic digital asset reserve.Strategic Bitcoin Reserve: Policy Shift or Political Theater?The move has sparked widespread speculation about the U.S. government's stance on Bitcoin adoption. The federal government currently holds 198,012 BTC (worth over $18 billion)—much of it confiscated in high-profile cases such as the Silk Road and Bitfinex hacks. Analysts are closely watching today’s developments, as an affirmative recommendation could mark a historic shift in U.S. fiscal and digital asset policy.If approved, the proposal would position the U.S. as the first major economy to formally recognize Bitcoin as part of its national strategic reserves.Mixed Reactions Across Crypto IndustryIndustry figures remain divided. While some see the move as a potential game-changer that could accelerate Bitcoin adoption globally, others—like BitMEX co-founder Arthur Hayes—have expressed skepticism, citing cultural stigma and political optics.“The popular narrative is still ‘Bitcoin bros at the club,’ and that doesn’t align well with fiscal policy branding,” Hayes said recently. 

Crypto investment firm Strategy has added 1,895 BTC to its holdings between April 28 and May 4, 2025, spending approximately $180.3 million at an average price of $95,167 per Bitcoin.This marks another significant accumulation by one of the largest institutional holders of Bitcoin, reinforcing strong long-term confidence in the asset despite short-term volatility.Strategy’s Bitcoin Holdings Top 555K BTCFollowing the recent purchase, Strategy now holds a total of 555,450 BTC, acquired at an average price of $68,550 per coin. Based on current market prices, the firm’s total Bitcoin portfolio is valued at $38.08 billion.Recent Purchase: 1,895 BTCPurchase Period: April 28 – May 4, 2025Average Buy Price: $95,167Total Spend: $180.3 millionTotal Holdings: 555,450 BTCAverage Cost Basis: $68,550Current Value: $38.08 billionYTD Return: 14.0%Institutional Confidence Remains StrongThe move signals continued institutional interest in Bitcoin as both a long-term store of value and a hedge against macroeconomic uncertainty. Strategy’s aggressive accumulation strategy has made it a bellwether for institutional sentiment in the crypto space.The firm's year-to-date (YTD) return of 14.0% suggests effective capital deployment and strong conviction in Bitcoin’s long-term upside, even as prices fluctuate around the $95,000 range.

Digital asset investment products attracted $2 billion in inflows last week, marking the third consecutive week of positive sentiment, according to CoinShares' latest report. This brings total inflows over the past three weeks to $5.5 billion, ending a nine-week streak of significant outflows and pushing year-to-date (YTD) inflows to $5.6 billion.Bitcoin Dominates With $1.8B Inflows Amid Bullish TrendBitcoin (BTC) remained the top recipient, recording $1.8 billion in inflows—a clear sign of renewed institutional confidence. However, the report also noted $6.4 million in bearish inflows, the highest level since December 2023, suggesting some investors are hedging against near-term volatility.Ethereum Sees Strong Two-Week StreakEthereum (ETH) investment products saw $149 million in inflows last week, following $187 million the week before, bringing the two-week total to $336 million. The uptick coincides with growing anticipation for the upcoming Pectra upgrade, expected to improve staking and gas fee efficiency on the Ethereum network.Regional Breakdown: U.S. Leads, Europe FollowsThe United States led regional flows with $1.9 billion in inflows, followed by:Germany: $47 millionSwitzerland: $34 millionCanada: $20 millionThis trend highlights broad-based support across global markets, particularly in jurisdictions pushing for regulatory clarity and spot ETF adoption.Altcoins and Blockchain Equities See Modest GainsWhile Bitcoin and Ethereum dominated flows, other altcoins also saw positive movement:XRP: $10.5 millionTezos (XTZ): $8.2 millionSolana (SOL): $6 millionBlockchain equities, which include publicly traded firms involved in digital asset infrastructure, saw $15.9 million in inflows, reflecting continued investor interest in crypto-related stocks.Assets Under Management Hit $156BTotal assets under management (AuM) across digital asset investment products rose to $156 billion, the highest since mid-February 2025. This increase is largely attributed to price appreciation in leading cryptocurrencies and continued capital inflows.The $2 billion in weekly inflows reflects a decisive shift in institutional sentiment. With ETF interest rising, Ethereum’s upgrade on the horizon, and Bitcoin nearing $100,000, capital appears to be flowing back into digital assets at scale. Analysts view this trend as a strong bullish signal for the crypto market entering Q2 2025.

According to PANews, Semler Scientific, a publicly traded company, has announced an increase in its Bitcoin holdings by 167 coins, valued at $16.2 million. Since the beginning of the year, the company's Bitcoin investment has yielded a return of 22.2%. Currently, Semler Scientific holds a total of 3,634 Bitcoins, making it the fourth-largest Bitcoin asset management firm in the United States.

According to Binance Market Data, Bitcoin (BTC) dropped below 94,000 USDT and is now trading at 93,988.789063 USDT, with a 1.59% decrease in 24 hours.

According to BlockBeats, the RUP indicator, which measures the unrealized profit status of the overall market, is a crucial signal for identifying market tops. Historically, RUP has shown a strong positive correlation with Bitcoin's price movements. However, deviations from this correlation can signal important market changes. In previous analyses, the RUP indicator was used to dissect historical market cycle tops. Currently, a broader perspective is applied to observe the RUP in the ongoing market cycle. Notably, during two major price surges—first when Bitcoin's price surpassed $70,000 and later at $100,000—the RUP was higher at the $70,000 mark. This discrepancy is attributed to the significant realized profits from low-cost holdings, which heavily influence the RUP. The realization of profits by holders of low-cost Bitcoin led to a situation where, despite higher prices, the RUP did not increase proportionally. This phenomenon indicates that many low-cost holders cashed out, affecting the RUP's trajectory. Looking ahead, the market's future scenarios are analyzed through the lens of the RUP. A recent market update highlighted a potential bottoming signal, leading to a notable Bitcoin price rebound. However, this rebound is characterized as a temporary recovery rather than a trend reversal. The current market situation shows the RUP rising slower than the price, suggesting a potential for a second divergence similar to 2017 if prices reach around $103,000. Should prices continue to rise and set new historical highs, a top divergence structure akin to those in 2013 and 2021 might emerge. Regardless of the outcome, any significant price reversal will be promptly updated with the latest RUP status. This analysis aims to provide readers with insights into potential future market movements and the implications of RUP divergence signals.

According to Cointelegraph, Bitcoin's price has struggled to surpass the $98,000 resistance level, with increased profit-taking activity contributing to the challenge. Since April 22, Bitcoin has seen daily highs ranging between $93,000 and $97,900, yet it has failed to close above $97,440. The cryptocurrency's price movement has been characterized by volatility within a narrow range, suggesting potential swings toward key price levels in the coming days. Senior researcher at Glassnode, CryptoVizArt.₿, highlighted that Bitcoin's rally to the $93,000-96,000 range has elevated profit-taking volumes beyond statistical norms. The Realized Profit/Loss ratio indicates that Bitcoin sold at a profit exceeds historical averages, signaling increased selling pressure and potential market tops. Despite the price remaining above $93,000, CryptoVizArt.₿ expressed concerns about the risks involved. As reported by Cointelegraph, selling activity has intensified near the $95,000 mark as short-term traders capitalize on profits. Crypto analyst Checkmate emphasized that Bitcoin is at a critical "decision point," requiring a breakthrough in this price zone to avoid a significant correction. Currently, 86% of Bitcoin's supply is in profit, a figure that often denotes a bullish phase but also poses risks of heightened profit-taking by short-term holders, potentially leading to market corrections. Bitcoin must convert the $98,000 resistance into support to aim for higher targets above $100,000. However, the BTC/USD pair needs to close above $95,000 on the daily chart first. On May 4, Bitcoin's price fell below this level due to profit-taking following its rally to $97,000. Positive catalysts for Bitcoin's price include continued demand from spot Bitcoin ETFs, which saw $1.8 billion in net inflows last week, and the upcoming Federal Reserve interest rate decision meeting. Conversely, bears aim to maintain the $98,000 resistance to potentially drive the price below $92,000. The immediate target below previous range lows is $90,000, where the 100-day and 200-day SMAs converge. Should Bitcoin fall below $90,000, the next significant area of interest lies between $85,000 and $75,000, with a drop to $75,000 erasing gains made after the 90-day tariff pause. This article does not offer investment advice, and readers are encouraged to conduct their own research before making investment decisions.

According to Odaily, data from asset allocation platform HODL15Capital reveals that Bitcoin spot ETFs acquired approximately 18,644 Bitcoins over the past week. During the same period, global miners produced only about 3,150 Bitcoins, considering the post-halving mining efficiency of around 450 Bitcoins per day. This indicates that the purchase volume of Bitcoin spot ETFs is roughly six times the production output of Bitcoin miners during this timeframe.

According to Binance Market Data, Bitcoin dropped below 94,000 USDT and is now trading at 93,949.992188 USDT, with a 2.06% decrease in 24 hours.