BitVM smart contract system is now supported by Bitcoin mining pools controlling 31.5% of the network’s hashrate. Bitlayer’s Bitcoin smart-contract system is being implemented by mining pools behind 31.5% of the network’s hashrate, a development that will help ensure that its system will operate on the Bitcoin blockchain, the company said. According to a May 27 announcement shared with Cointelegraph, Bitlayer’s BitVM implementation will be supported by major Bitcoin (BTC) mining pools including Antpool, F2Pool, and SpiderPool. Antpool CEO Andy Chow said: BitVM (Bitcoin Virtual Machine) is a framework that enables complex smart contracts to be deployed on the Bitcoin blockchain without changing the base protocol. The idea was introduced by Robin Linux in 2023, and allows for the complex computation involved in smart contract systems to be verified onchain and executed offchain in a way resembling optimistic rollups. Read more
Bitcoin’s rally takes a pause pending US inflation data, but institutional investor demand remains strong. Key takeaways: Bitcoin is stuck below $110,000 due to macroeconomic uncertainty and Nvidia's earnings cap risk appetite. Strong spot BTC ETF inflows and Bitcoin options data are hints that US economic clarity could unlock BTC highs. Read more
Bulls launched a futures market-driven attack on BTC’s $110,000 resistance level as US markets are closed for Memorial Day. Will spot volumes follow on Tuesday? Key takeaways: Bitcoin price is capped at the $110,000 level due to sellers and a decrease in spot volumes. Leverage use is driving current rallies into this resistance level. Traders are watching today’s volumes to see if an emerging intra-day trends are followed at the US open on May 27. Read more
BlackRock’s quantum computing warning serves as a call to action for the cryptocurrency ecosystem to address the looming challenges. In a rare move, BlackRock has quietly added a new line to its iShares Bitcoin Trust (IBIT) filing — and it is turning heads. The update, submitted in early May 2025, flags quantum computing as a potential risk to Bitcoin’s long-term security. The filing specifically warns that if quantum tech advances far enough, it could break the cryptographic systems that secure Bitcoin. Read more
Japanese bond market turmoil may have played a bigger role in Bitcoin’s rise to $112,000 than the recent geopolitical de-risking, according to Bitwise’s European head of research. Bitcoin’s recent all-time high may be linked to ongoing issues in the Japanese bond market, possibly signaling BTC’s growing recognition as a hedge against instability in the traditional financial (TradFi) system. Bitcoin’s (BTC) price rose to a new all-time high of $112,000 on May 22, before retracing to change hands above $109,700 at the time of writing on May 26, Cointelegraph data shows. While some attributed the rally to geopolitical developments, including US President Donald Trump’s announcement of Russia–Ukraine ceasefire talks on May 19, macroeconomic factors appear to be playing a larger role, according to market analysts. Read more
You can read Bitcoin candlestick charts with zero experience — here’s how to understand patterns, spot trends, and start making smarter crypto moves. Bitcoin candlesticks are a popular tool among Bitcoin traders because they’re simple to use and offer an intuitive way to understand market sentiment and trends. Bitcoin candlesticks are a rather old tool. Rice trader Honma Munehisa invented them in Japan as far back as the 18th century. They were introduced to Western financial markets in the late 1980s. They help you understand bullish and bearish patterns in technical analysis. This knowledge will get you started with Bitcoin trading. Read more
Michael Saylor’s Strategy continued stacking Bitcoin as the cryptocurrency broke an all-time high above $110,000 last week. Michael Saylor’s Strategy, the world’s largest corporate Bitcoin investor, bagged a fresh stash of BTC as the price briefly surged above $110,000 last week. Strategy acquired 4,020 Bitcoin (BTC) for $427.1 million between May 19 and 23, the company announced on May 26. The latest purchases were made at an average price of $106,237 per coin, with Bitcoin smashing past $110,000 on May 22. Read more
Bitcoin rebounded above $109,000, eyeing new all-time highs in reaction to President Donald Trump’s decision to extend EU tariffs to July 9. Key points: US President Donald Trump has extended the deadline of a proposed 50% tariff on EU goods to July 9. A temporary easing in trade tensions could help fuel Bitcoin’s rally to new all-time highs. Read more
Bitcoin could surpass $1.5 million by 2030 as macro fears, fiat inflation and institutional demand drive bullish long-term forecasts. Some prominent financial commentators and investment analysts are predicting a long-term Bitcoin rally that may send the asset’s price above $1 million before the end of the decade, driven by rising inflation and mounting global debt. ARK Invest CEO Cathie Wood said Bitcoin (BTC) could reach $1.5 million by 2030 in her firm’s “Bull Case” forecast. In a Feb. 11 video, Wood said the price would require BTC to grow at a compound annual rate of 58% over the next five years, largely fueled by increased institutional adoption. Related: Bitcoin hits new all-time high of $109K as trade war tensions ease Read more
Bitcoin is back at $110,000 after a late surge into the weekly close. How will bulls navigate a brewing US bond crisis and the Fed's "preferred" inflation data? Bitcoin (BTC) bounces back to near fresh all-time highs as a testing macro week unfolds for risk-asset traders. BTC price action dipped below $107,000 before rebounding into the weekly close, as some eagerly anticipate new record highs. US inflation data meets bond market woes this week as the Federal Reserve shows no signs of cutting interest rates. Read more
Bitcoin cypherpunk Adam Back has backed a $2.2 million funding round for H100 AB Group to help the Swedish health tech firm buy Bitcoin. Blockstream CEO Adam Back has led a 21 million Swedish krona ($2.2 million) funding round in the Swedish health tech company H100 Group AB, which last week said it would start buying Bitcoin. H100 said on May 25 that the funds, secured through 0% interest convertible loans, will be used to purchase Bitcoin (BTC) in line with its Bitcoin-buying pivot announced on May 22. Back, a longtime Bitcoin cypherpunk, contributed around $1.4 million, while the remaining $800,000 came from investment firms Morten Klein, Alundo Invest AS, Race Venture Scandinavia AB and Crafoord Capital Partners. Read more
As global debt markets flash warning signs, Bitcoin rallies, defying investors’ expectations and reshaping BTC’s role in the financial system. Key takeaways: Rising bond yields reflect growing concern about fiscal stability and inflation, leading some investors to question US Treasury’s traditional role as a safe-haven asset. Bitcoin defies conventional risk models, rising not despite worsening macro conditions, but possibly because of them. Read more
Bitcoin’s price rally takes a breather over the weekend, but a bullish weekly close could translate to gains from HYPE, XMR, AAVE and WLD. Key points: Bitcoin price is stuck below $109,588, but the pullback has not altered its bullish chart structure. A bullish weekly open from Bitcoin could extend gains in HYPE, XMR, AAVE, and WLD. Read more
According to SaylorTracker, Strategy is up over 54% on its Bitcoin investment, representing over $21.8 billion in unrealized capital gains. Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company amid the recent dip from the all-time high of $112,000 reached on May 22. "I only buy Bitcoin with money I can't afford to lose," Saylor wrote to his 4.3 million followers in an X post. The company's most recent purchase of 7,390 BTC on May 19, valued at nearly $765 million, brought Strategy's total holdings to 576,230 BTC. Read more
Pakistan has allocated 2,000 megawatts of surplus electricity for Bitcoin mining and AI infrastructure, aiming to attract foreign investment. Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers. The move is part of a broader digital transformation plan spearheaded by the Pakistan Crypto Council and backed by the Ministry of Finance, according to a May 25 report by local news outlet 24NewsHD TV Channel. In the first phase, the government plans to channel excess power into AI infrastructure and crypto mining operations. Finance Minister Muhammad Aurangzeb said the decision is expected to attract billions in foreign investment while generating high-tech employment across the country. Read more