Tag: BTC

What is Bitcoin Halving and Why does it Matter?

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Bitcoin halving cuts miner rewards every four years. So, what is Bitcoin halving, and why does it matter in Bitcoin’s principles?

 

Bitcoin halving is a built-in event that occurs approximately every four years in Bitcoin’s blockchain network, where the rewards for mining Bitcoin are slashed by 50%. Traders observe this event to understand BTC’s supply, demand, and price insights. Bitcoin halving defines market dynamics and investor sentiment.

As a result, one ought to understand and mark this key event while planning their long-term BTC investment strategy. BTC halving happens on-chain and is embedded in Bitcoin’s code. This means no single entity can control or tamper with it due to Bitcoin’s decentralized nature.

 

Why does Bitcoin halving matter?

Bitcoin halving is more than a technical update on the blockchain. The most recent event occurred in April 2024, cutting miner rewards from 6.25 to 3.125 BTC per block. Each halving minimizes Bitcoin’s supply amid growing demand. Historically, post-halving events have seen major bull runs for BTC.

Bitcoin’s supply is capped at 21 million coins, and each halving boosts the countdown to the total supply, thus solidifying BTC’s scarcity principle. This is a market-moving event that investors anticipate as Bitcoin ascends to a “digital gold” status fueled by growing adoption.

 

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New Hampshire Becomes First State to Enact BTC Reserve Legislation

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New Hampshire made history as the first U.S state to enact a strategic Bitcoin reserve bill into law.

 

In a historic moment, the U.S. state of New Hampshire has caught global attention following its completion of the strategic Bitcoin reserve legislation process.  After passing the committee stages, the state’s Bitcoin bill, HB302, was passed to Governor Kelly Ayotte for signing. Following her signature on the 6th of May,2025, the legislation is officially a law.

According to her official announcement on X (formerly Twitter):

 

New Hampshire is once again First in the Nation! Just signed a new law allowing our state to invest in cryptocurrency and precious metals.

 

This Law makes New Hampshire the first U.S. state to allow its treasury to invest up to 5% of its reserves in Bitcoin, the “digital gold,” and other precious metals. Arizona has been leading the strategic reserve race, but lags following Governor Hobbs’ veto.

This law comes as a bold step to appreciate and advance the role of digital assets in the evolving digital finance and global payments. While other states progress through their committee stages, New Hampshire goes down in history as a champion of digital assets and the financial revolution in the crypto space.

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KULR Technology Group Adds 42 Bitcoins amid Impressive YTD Gains

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Public company, KULR Group, has added 42 bitcoins to its reserves while recording impressive 197.5% gains YTD.

 

KULR Technology Group, the public company that provides energy management solutions for aerospace, space, and defense applications, has revealed surprising returns on BTC investment. According to its latest announcement, KULR Group has accumulated 42 more Bitcoins, bringing its total holding to 716.2 BTC. Per the CEO & Co-founder, Michael MO on x (formerly Twitter);

 

KULR has acquired 42 BTC for ~ 4 million at ~ $94,403 per #bitcoin and has achieved BTC Yield of 197.5% YTD. As of 5/6/25, we hodl 716.2 $BTC acquired for ~ $69million at ~ $96,342 per bitcoin. $KULR

 

With over $69 million worth of BTC in its treasury, KULR has recorded a 197.5% year-to-date (YTD) yield, signaling how strategic BTC investments could shape a company’s revenue. Global Companies are accumulating Bitcoin for their reserves in a bid to leverage the growth of digital assets in the coming years.

Investors are impressed by KULR’s investment strategy as Bitcoin’s bullish momentum gains strength. The yield positions the company among the top bold believers of BTC’s long-term growth and its role in the shifting digital economy.

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BTC Whale Wallet Shorts Market with $119.7M amid Bullish Momentum

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A Bitcoin whale has opened a bold $119.7 million short position amid BTC’s strengthening bullish momentum. What does this whale know?

 

Bitcoin is flashing signs of strengthening bullish momentum as institutions rush to accumulate the “digital gold” for their strategic reserves. Bitcoin maximalists and analysts have argued that BTC could cross the psychological $100k for the last time and might never drop below it again. Despite the BTC’s bullishness, a whale has caught the market’s attention after entering a massive short position.

 

BTC is trading at around $95,557 with a 16.61% surge in trading volume over the past 24 hours, at press time, per CoinMarketCap. According to On-chain data, the whale wallet has executed its $119.7 million short position using 40X leverage. The entry price is $95,381 with liquidation set at $102,340.

Source: X

 

As Bitcoin’s price rises, the whale’s bet could signal a possible resistance ahead. This could mean an incoming bulls and bears battleground in the $95k-$102k range as BTC rallies in this zone. With the liquidation level set just 7% above the entry, this whale could be banking on BTC’s short-term pullbacks.

Traders are digging for insightful on-chain data and observing substantial market inflows for more clues, while retail sentiment remains bullish.

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Arizona Governor Katie Hobbs Vetoes Strategic Bitcoin Reserve Legislation

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Arizona Governor Katie Hobbs has vetoed the anticipated Bitcoin reserve legislation, halting the state’s plans for crypto investment.

 

Arizona is the first U.S. state to pass a strategic Bitcoin reserve legislation. Following the Senate’s approval of investing state retirement funds in Bitcoin reserves on 28th of April, 2025, the bill has been awaiting the governor’s sign. In a turn of events, Arizona Governor Katie Hobbs has put a roadblock on the bill, citing that Bitcoin is a “virtual currency”.

 

According to the official letter, Katie Hobbs responded;

Today, I vetoed Senate Bill 1025. The Arizona State Retirement System is one of the strongest in the nation because it makes sound and informed investments. Arizonans’ retirement funds are not the place for the state to try untested investments like virtual currency

 

Following this veto, crypto enthusiasts and Bitcoin maximalists have expressed mixed feelings. Some crypto analysts are surprisingly trying to estimate the projected losses that await Arizona state in the coming years, if Bitcoin reserves face complete rejection.

As legislators remain resilient in their decisions, the market anticipates positive approaches in the coming months while monitoring committee stages in other states.

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Ivy League Brown University Goes Crypto With 4.9M Bitcoin ETF Buy

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Beyond its 260-year-old educational excellence, Ivy League Brown University has joined institutional smart money, making bold steps into the “digital gold” rush.

 

May 2- One of the 8 oldest educational institutions (Ivy League schools) in the United States has announced its strategic step into the digital assets market. Brown University has signaled confidence in crypto assets as the mainstream finance sector faces portfolio revisions.

In its recent 13F filing and portfolio disclosure, Brown University has revealed a smart money move by opening a $4.9 million position in the IBIT Bitcoin ETF, totaling 105,000 shares.

 

Source: Quiver Quantitative

 

What does this mean for BTC?

With Bitcoin Exchange Reserves declining, Bitcoin’s scarcity is rising, hinting at a potential supply shock in the next few months. Analysts have argued that with the rising institutional demand, 2025 could be the last year to buy BTC below $100k, considering its capped supply.

As institutions rush to accumulate the “digital gold”, an exponential bull rally could be on the cards in the next few months, with negligible price volatility marks.

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Bitcoin Price Analysis: What’s Next after THIS Breakout?

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BTC has broken above its ascending triangle following 9 days of price consolidation. Is a bull run to $100k on the horizon?

 

Bitcoin is signaling strength and could be eyeing a bull run towards the $100k  key psychological zone.  BTC is trading at around $95,994 as of press time, per CoinMarketCap data. In the past 24 hours, Bitcoin’s trading volume has surged 33.83% percent signalling increased market participation amid a breakout.

Looking at the 4-hour chart, the king of cryptocurrencies has broken above an ascending triangle pattern formation around the $95,650 key resistance level with strong bullish candles. The short-term, mid-term, and long-term moving averages signal a “strong buy” with the Relative Strength Index (RSI) standing at 69. This suggests more buying potential.

Source: X

 

With a +4.71% open interest, Bitcoin’s rising demand could fuel a rally towards the psychological $100k soon. The long-short ratio stands at 1.0404 per Coinglass data, suggesting that some bearish pressure exists.

According to crypto analyst CaptainFaibik on X (formerly Twitter), if the breakout momentum holds, BTC could be eyeing the $98,000 zone as the next target. Traders are closely monitoring the buying pressure above the breakout zone for further insights.

 

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BTC Futures Monthly Open Interest Surges 20%- What’s does this Suggest?

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Bitcoin futures open interest has surged 20% in the past 20 days, hitting over $26 billion, signalling increased activity in leveraged trading.

 

A look into Bitcoin’s on-chain activity signals a market shift among traders, with leverage heating up in April compared to Q1, 2025. According to data shared by crypto analyst Ali Martinez on X (formerly Twitter), BTC’s open interest jumped 20% over the past 20 days, topping $26 billion today.

 

Source:X

So, what does this mean?

With leveraged positions heating up, traders are pouring heavy capital into bets on BTC’s next moves. This means BTC’s movement in either direction could trigger serious liquidations and price volatility. Historically, the market experiences short squeezes or long squeezes, setting the stage for explosive price volatility.

While Bitcoin’s price is on the rise, more opportunities present themselves, but with associated risks. Leveraged positions signal increased investor confidence in BTC’s price movements but also present market volatility. Traders are closely monitoring liquidation pools for further insights.

 

 

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U.S Investors Regain Confidence-A Sign of Thin BTC Resistance Ahead?

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Coinbase Premium remains in a positive territory, signalling heightened investor confidence in Bitcoin’s price uptrend in the following months. 

 

Bitcoin momentum is in favour of the bulls as confidence rises among both large and retail investors. A recent market observation by Cryptoquant has revealed a shift in the market sentiment among U.S investors. According to the data, the recent BTC price reversal and uptrend have boosted investor conviction, thus increasing Bitcoin’s demand in the U.S.

The data explores the Coinbase premium Gap, a measure of the price gap between Coinbase and global exchanges. The Coinbase premium remains positive as of today, suggesting large-scale or institutional interest in BTC in the U.S market.

 

Source: Cryptoquant

 

A sign of thin BTC resistance ahead?

As U.S demand for BTC rises,  the bulls gain strong momentum to break past the previous key resistance levels. Additionally, price uptrend could induce liquidations, fear of missing out (FOMO), and short squeezes, thus fuelling the price to rise higher. With BTC’s momentum gaining strength, the resistance ahead could become thin and negligible.

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Swiss National Bank Faces Pressure to Embrace Bitcoin

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The Swiss National Bank (SNB) shareholders are urging the institution to embrace Bitcoin, citing its necessity in digital finance.

 

Bitcoin demand is rising amid declining exchange reserves. With large-scale institutional buys, the king of cryptocurrencies is anticipating exponential gains fueled by scarcity. Per CoinMarketCap data, BTC is trading at $94,678 with a 2.17% price upsurge, at press time. The race for BTC accumulation is tightening as traditional investors thirst for the “digital gold”.

According to a recent update by The Bitcoin Historian, the shareholders at the Swiss National Bank (SNB) annual shareholder meeting have urged the institution to purchase over 1,000 Bitcoin. The shareholders are hoping to establish BTC as a strategic reserve asset and have argued that Bitcoin is a;

 

…monetary tool for the digital age.

 

As traditional fiat systems face inflation risks from government policies and economic uncertainties, high-net-worth individuals and institutions are seeking Bitcoin reserves for a refuge. Crypto enthusiasts are increasingly overwhelmed by the latest government and institutional policies driving mainstream crypto adoption.

 

 

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