Bitcoin has broken above $107,000 as its realized cap hits an all-time high while governments quietly boost exposure through Strategy shares.
Spot Bitcoin ETFs drew $667 million in net inflows on May 19 amid an approaching “golden cross” that hints at long-term bullish momentum.
Singapore-based DigiAsia Corp plans to raise $100 million to build a BTC treasury, along with assigning 50% of net profits to new BTC purchases.
Analysts anticipate a “golden cross” pattern on Bitcoin’s chart, a bullish signal where the 50-day SMA crosses above the 200-day SMA.
Bitcoin’s march toward a new ATH is accelerated not just by bullish technicals, but by a corporate buying frenzy, with Metaplanet buying 1004 BTC.
Bitcoin continues to struggle below the $105,000 resistance, trading in a narrow range despite a surge in volume and a bullish Golden Cross signal.
UBS’s Amy Lo says wealthy investors are diversifying away from US dollar assets into Bitcoin and gold amid persistent tension between China and the US.
Bitcoin will likely hit a new all-time high, and Strategy will accumulate more BTC soon, speculators on Polymarket expect.
Twenty One Capital has scooped up 4,812 BTC for $458.7 million, as Bitcoin flirts with the $105K mark and retail investor activity upticks.
The US and China have temporarily reduced tariffs, easing trade war tensions, pushing Bitcoin and altcoins higher as analysts share mixed takes.
Japan’s Metaplanet has overtaken El Salvador in Bitcoin reserves after a $129 million purchase of 1,241 BTC.
Author of ‘Rich Dad Poor Dad’ has spoken out against fiat money, advising American investors to invest in Bitcoin and precious metals instead.
Michael Saylor highlighted a shift in Bitcoin ownership, with long-term holders selling their assets as new investors, particularly those leveraging Bitcoin ETFs.
Bitcoin has surged past $100,000 for the first time in months, reigniting bullish sentiment as all UTXO age bands are now in profit.
Bitcoin, along with the broader crypto market, started to gain bullish momentum following steady US Fed rates.