Bitcoin - Cryptofrontnews

Arizona Vetoes Bitcoin Reserve Bill as BTC Holds $96K

May 3, 2025 •

Arizona vetoes Bitcoin reserve bill citing volatility, as BTC holds above $96K and other states continue to explore crypto investment.

Trump Backs 1M BTC Reserve Bill Despite Memecoin Controversy

May 3, 2025 •

Bitcoin

BTC

Trump endorses a U.S. Bitcoin reserve bill while facing backlash over his memecoin perks offering White House access to top holders.

Bitcoin Eyes $100K as It Breaks Range High and ETF Demand Grows

May 3, 2025 •

Bitcoin

Crypto Market

Bitcoin trades above $97K with strong ETF inflows, bullish technicals, and short positions hinting at a potential breakout beyond $100K

Ethereum’s EIP-7702 Shifts User Wallets into Smart Contract Roles

Too Late for Turbo? Troller Cat’s Insane Entry Price Screams Opportunity

May 3, 2025 •

Bitcoin

Crypto

Missed Turbo? Troller Cat’s presale is live with $0.000005 entry, 10,000% potential gains, 69% APY staking, and a deflationary game—don’t sleep on this meme rocket.

Troller Cat, Trollercat presale 2025, Turbo meme coin gains

Bitcoin Nears $100K as Spot ETF Inflows Hit $422M in One Day

May 3, 2025 •

Bitcoin

Crypto Market

Bitcoin rallies toward $100K as May 1 sees $422 million in ETF inflows, led by BlackRock's IBIT amid renewed institutional interest.

Bitcoin Approaches $100K on ETF Inflows and State-Level Crypto Legislation

Bitcoin Enters Recovery Phase as True MVRV Turns Positive and Holders Accumulate

May 3, 2025 •

Bitcoin

BTC

Bitcoin's True MVRV turns positive, showing rising holder confidence. Long-term accumulation and on-chain signals point to a market recovery phase.

63.76% of Bitcoin Traders on Binance Are Short as Bearish Bias Dominates

May 3, 2025 •

Binance

Bitcoin

Over 63% of Binance Bitcoin traders are holding short positions, revealing strong bearish momentum and increasing chances of sudden market reversals.

Bitcoin Season Dominates but Altcoin Season May Be Near, Data Suggests

May 2, 2025 •

Altcoin season

Bitcoin

Bitcoin remains dominant in the market, but signs point to a potential altcoin season soon, as trends suggest an upcoming shift.

Bitcoin Targets $150K by Q3 2025 Amid Bullish Weekly Setup

May 2, 2025 •

Bitcoin

Crypto

Bitcoin targets $125K–$150K by August–September 2025 as bullish weekly patterns and trendlines reinforce strong upward momentum.

MicroStrategy Doubles Bitcoin Capital Plan to $84B, Targets 25% Yield

May 2, 2025 •

Bitcoin

BTC

MicroStrategy reports 13.7% BTC Yield and $5.8B in gains, doubles capital plan to $84B, and raises 2025 BTC Yield goal to 25%.

MicroStrategy adds 1,895 BTC at $95K each, bringing its total to 555,450 BTC as it continues aggressive 2025 accumulation. Despite past high-price buys, MicroStrategy leverages renewed ETF inflows and market confidence to deepen its Bitcoin strategy. Strategy World 2025 boosts visibility as MicroStrategy uses ATMs and preferred shares to solidify its BTC treasury dominance. According to Lookonchain, MicroStrategy has expanded its Bitcoin holdings again, buying 1,895 BTC worth $180.34 million at an average price of $95,167. This latest move follows a brief pause in buying and reflects the company’s long-term Bitcoin strategy. MicroStrategy now holds 555,450 BTC, currently valued at $52.35 billion. The firm's average purchase price stands at $68,550, giving it an unrealized profit of around $14.28 billion. Besides, this marks MicroStrategy’s second-smallest purchase of 2025, just above its January 6 buy of 1,070 BTC. The average purchase price then was $94,004. Despite this, several buys between November 2024 and February 2025 remain underwater, with prices then exceeding $100,000 per BTC. However, the firm appears unfazed by short-term price movements. It continues accumulating Bitcoin as a core balance sheet asset. Strategic Buying and Corporate Events Align The recent acquisition comes just as Strategy World 2025 kicks off in Orlando, Florida. This flagship event runs alongside Bitcoin for Corporations, another MicroStrategy-hosted gathering. Semler Scientific and Metaplanet, both major BTC treasury players, are also participating. These events aim to promote Bitcoin adoption and strengthen MicroStrategy’s position as a Bitcoin-focused enterprise. Moreover, this move aligns with broader market momentum. U.S. spot Bitcoin ETFs have seen a rebound in inflows, adding nearly $4.1 billion across April and May. This effectively reverses the $4.5 billion in outflows recorded in February and March. Hence, the timing of this purchase suggests MicroStrategy is leveraging renewed market confidence. Financial Tools Power Ongoing Accumulation Additionally, the firm continues to rely on ATM (at-the-market) programs to fund its BTC acquisitions. These tools offer flexible capital access without increasing direct debt. The issuance of preferred shares, such as STRK and STRF, further enhances its capital structure. Although STRF hasn't been used recently, both instruments diversify funding sources. Consequently, MicroStrategy has transformed itself into a de facto Bitcoin stock proxy for institutional investors. The firm holds over 555,000 BTC and retains a potential fundraising capacity of $63 billion. This positions MicroStrategy as a leading force at the intersection of digital assets and traditional finance. With Bitcoin currently trading at $93,871, all eyes are on MicroStrategy’s next move.

Bitcoin Holds $94K as Global Liquidity Explodes: Is Volatility Coming?

May 2, 2025 •

Bitcoin

Crypto Market

Bitcoin trades around $94,254 as global liquidity surges. Key levels at $94K and $95K could decide BTC’s next major move amid macroeconomic shifts.

Bitcoin Breaks Falling Wedge, Eyes Retest Near $96K Support