MicroStrategy has added 1,895 BTC to its holdings for $180.3 million at an average price of $95,167 per coin, achieving a 14.0% Bitcoin yield year-to-date in 2025. As of May 4, 2025, the company holds 555,450 BTC, purchased at a total cost of $38.08 billion, with an average acquisition price of $68,550 per BTC. #BitcoinReserveDeadline #StrategicBTCReserve #MarketPullback
Binance has announced its 69th Launchpool project: Space and Time (SXT), a $SXT Microsoft-backed blockchain focused on ZK-proven data. Starting May 6, 2025, at 00:00 (UTC), users can stake BNB, FDUSD, and USDC to farm SXT tokens over a 2-day period. #binancelaunchpoolSXT #Binance #Launchpool #SXTUSDT
A hacker who stole $190 million from the DeFi protocol Nomad in 2022 has been arrested in Israel. According to media reports, the suspect is Alexander Gurevich, a dual citizen of Russia and Israel, who attempted to leave the country using a fake ID under the name Alexander Blok just one day after it was issued.
The last decent market wide altcoin rally we've seen was in the second half of 2023 when $BTC started pricing in its spot ETF in January 2024.
Back then, we saw many coins rally as the $OTHERS.D trended up for about half a year.
This is now over a year ago and since then we've not really seen altcoins put in any meaningful moves besides the short post election move. But that one was quickly retraced back down as $BTC stole the show again right after.
Few takeaways:
1. If alts were to show strength at some point, and you do believe there's more strength to it. You want to consider holding the runners for more than just a small move. It can be hard to estimate this but you can generally get an idea of the trend just watching the short term market structure (higher highs/lows).
2. Right now there is still no sign of alts willing to outperform BTC. That does not mean it can't change around at some point. I think it's best to generally wait for strength and then hop on the momentum instead of pre-positioning too early and missing out on gains or underperforming BTC in general. #USStablecoinBill #MarketPullback #OTHERSBTC #Bitcoin❗ #Binance