News linked to both this project and an event.
Odaily Odaily News, Michael van de Poppe, founder of MN Trading Capital, stated that Bitcoin's return to the $100,000 mark may not require a new market narrative to drive it; narratives will naturally form after the price increases. He pointed out that the current market focus has shifted to areas such as AI, putting relative pressure on Bitcoin's short-term performance. However, from a mathematical and statistical perspective, the current price range still holds accumulation value.Data shows that Bitcoin has not been above the $100,000 mark for nearly five months. The price has recovered from a low of around $60,000 in February this year to approximately $78,000, with a gain of about 14.49% over the past 30 days. The market is broadly focused on potential catalysts such as the Federal Reserve's interest rate policy, regulatory progress, and capital inflows into Bitcoin spot ETFs. However, some argue that even if the U.S. CLARITY Act is implemented, its direct impact on Bitcoin's price will be limited. (Cointelegraph)
: UK Reform Party leader Nigel Farage has been accused of conflict of interest by the opposition. He received a £5 million personal donation from crypto investor Christopher Harborne in 2024. Subsequently, in May 2025, the Reform Party proposed a draft regulatory framework for the crypto industry, aiming to reduce the stamp duty on crypto transactions from 24% to 10%, and proposed establishing a national Bitcoin reserve and lowering capital gains tax on crypto assets. Farage has acknowledged receiving the donation. The Reform Party stated that policy formulation is unrelated to donors. Additionally, Harborne donated another £12 million to the party last year, and crypto businessman Ben Delo donated £4 million this year. Farage now faces allegations of breaching House of Commons rules. In severe cases, he could face suspension as an MP, triggering a by-election. (Financial Times)
Bitcoin remained near $76,000 on Thursday. After the Federal Reserve held interest rates steady, market attention quickly shifted to internal policy divergence and macroeconomic uncertainty. Analysts noted that Bitcoin remains suppressed below the key resistance range of $78,000 to $79,000, lacking short-term breakout momentum.Thomas Perfumo, Chief Economist at Kraken, stated that the market is currently more focused on policy uncertainty stemming from internal "divisions" within the Federal Reserve rather than the inaction itself. This is particularly true against the backdrop of Chairman Jerome Powell's continued tenure and the potential expectation of Kevin Warsh succeeding him, creating a lack of clear policy transition.Glassnode data shows that Bitcoin remains "trapped" below the True Market Mean, with resistance concentrated in the $78,000 to $79,000 range and support lying between $65,000 and $70,000. While selling pressure has eased, demand remains insufficient to support a sustained upward breakout.On the macro front, the Fed has shown rare, severe internal disagreements, interpreted by the market as rising uncertainty over the inflation path. Analysts from institutions like Bitget Wallet and 21Shares point out that the expectation of "higher rates for longer" is suppressing risk asset performance, pushing the crypto market into a wait-and-see phase.Regarding capital flows, U.S. Bitcoin spot ETFs have recorded net outflows for three consecutive days, with a single-day outflow of approximately $138 million on April 29. Ethereum ETFs saw outflows of about $87.7 million over the same period. Although individual products still saw inflows, the overall trend indicates cooling institutional demand.Meanwhile, CME open interest and ETF assets under management have stabilized but have yet to show strong signals of capital return. In the derivatives market, short positions in perpetual contracts have reached an all-time high, suggesting a potential squeeze if sentiment improves. However, the current market remains dominated by a low-volatility, low-confidence consolidation structure.Overall, Bitcoin is caught in a tug-of-war between an improving support structure and weak demand. Sustained ETF outflows, policy uncertainty, and macroeconomic risks collectively suppress its ability to break through the key resistance range. (The Block)
According to Reuters, Bitcoin mining company MARA Holdings (MARA.O) will acquire Long Ridge Energy & Power, a natural gas power plant operator, from FTAI Infrastructure (FIP.O) for $1.5 billion (including debt). This marks a significant step in the Bitcoin miner’s effort to transform into a digital infrastructure and energy company. The acquisition is expected to close in late 2026, subject to approvals from regulatory bodies including the Federal Energy Regulatory Commission (FERC). The company stated that the $1.5 billion transaction includes the assumption of approximately $785 million in existing debt, while Long Ridge’s power assets generate approximately $144 million in annual adjusted earnings.
According to Businesswire, Bitcoin treasury company TwentyOne Capital has updated its corporate strategy, aiming to integrate Bitcoin reserves, mining operations, financial services, and capital markets activities through mergers and acquisitions. Specific initiatives include: - Financial services and distribution, covering licenses, compliance, custody, technology, and institutional and retail client bases; - Bitcoin infrastructure, involving low-cost, high-hashrate Bitcoin mining to continuously expand Bitcoin reserves; - Capital markets strategy, securitizing loan portfolios and mining revenue and supporting non-dilutive leveraged financing of BTC reserves with operating cash flow; - Acquiring value-accretive Bitcoin companies, using ongoing cash flow to continuously accumulate Bitcoin.
According to CoinDesk, Nigel Farage, leader of the UK’s Reform UK party, is facing a parliamentary standards inquiry after receiving an undisclosed £5 million (approximately $6.7 million) grant from cryptocurrency billionaire Christopher Harborne—prior to his election as a Member of Parliament in 2024. Harborne resides in Thailand and holds a 12% stake in stablecoin issuer Tether. Farage stated that the grant was intended to ensure his personal security—not for political activities. However, both the Conservative and Labour parties have accused him of violating House of Commons rules requiring MPs to register any income received within the 12 months preceding their election, and have referred the matter to the Parliamentary Commissioner for Standards. Reform UK countered that the payment constitutes a “personal unconditional gift,” exempt from disclosure requirements and unrelated to the election. The UK government announced in March this year that it would suspend political parties’ acceptance of cryptocurrency donations to guard against foreign interference. Previously, Christopher Harborne donated £9 million to Reform UK—the largest single political donation ever made by a living individual in the UK. This year, Ben Delo, co-founder of BitMEX, also donated £4 million to the party. Additionally, Farage himself holds a 6.31% stake in Stack BTC, a Bitcoin treasury company.
Ripple has announced a further deepening of its long-term partnership with Bullish, a digital asset trading platform for institutional investors. The two parties will open Bullish's options market to Ripple Prime users.According to the agreement, institutional clients of Ripple Prime will gain direct access to Bullish's regulated Bitcoin options market, which is reportedly the second-largest trading market by open interest for crypto-settled BTC options. The offering also covers products such as spot, perpetual swaps, and futures contracts. Additionally, both parties stated that the stablecoin Ripple USD (RLUSD) will be used as a settlement and trading instrument in Bullish options trading, further enhancing institutional trading efficiency. (Crowdfundinsider)
Odaily Bitcoin remained consolidating above $77,000 on Wednesday, with markets cautious ahead of the Federal Reserve's interest rate decision. According to market data, Bitcoin fluctuated within the range of approximately $75,689 to $77,837 during the session, and is currently trading around $77,100.This FOMC meeting is seen as a pivotal event. Markets widely expect interest rates to remain unchanged, but the real focus is on whether Federal Reserve Chairman Jerome Powell will signal a "higher-for-longer" hawkish stance. Additionally, this meeting may be his last as Fed Chair, with markets simultaneously pricing in uncertainty regarding policy direction and potential power transitions.On the capital front, U.S. spot Bitcoin ETFs saw a reversal after nine consecutive days of net inflows. SoSoValue data shows that on April 28, ETFs recorded net outflows of approximately $89.68 million. Among them, BlackRock's IBIT saw a single-day outflow of about $112 million. Meanwhile, Ethereum ETFs also logged net outflows of $21.8 million.On-chain data also signals caution. CryptoQuant noted that on April 27, exchange net inflows reached 9,905 BTC, the largest single-day inflow in nearly 30 days. Exchange reserves have also rebounded recently. If these inflows are not quickly absorbed, prices could retest the support range of $74,000–$75,000.On the macroeconomic front, fluctuations in crude oil prices and shifts in the Middle East energy landscape continue to influence inflation expectations. Some analysts believe this could limit the Fed's room for future easing. Meanwhile, market liquidity continues to weaken, with institutional trading volumes and perpetual contract activity both at low levels. This means any policy surprise could amplify price volatility.Overall, Bitcoin remains in a "low liquidity + high event risk" structure and may continue to oscillate within the $72,000 to $80,000 range in the short term, awaiting further clarity on the Fed's policy path. (The Block)
Odaily Macro investor and hedge fund manager Paul Tudor Jones stated in a recent podcast interview that Bitcoin is the "unequivocally the best inflation hedge" and called it a "knockout opportunity" in the market.Paul Tudor Jones pointed out that truly major trading opportunities often arise when market structures are imbalanced, assets are underallocated, or when policymakers misjudge the situation. He believes that due to its scarcity and decentralized characteristics, Bitcoin outperforms gold in inflation trades. He emphasized that Bitcoin's total supply is capped at 21 million coins, with less than 1 million remaining to be mined, while gold's supply continues to increase annually. Therefore, Bitcoin holds a stronger advantage in the dimension of scarcity.Paul Tudor Jones recalled that in 2020, against the backdrop of Federal Reserve and fiscal expansion, Bitcoin became one of the most outstanding inflation-hedging assets at the time, and he subsequently increased its allocation to around 5% of his investment portfolio. However, he also warned of risks: in the event of large-scale "momentum conflicts" or cyber warfare-level incidents, the electronic asset system could face systemic disruption risks, and Bitcoin may also be impacted. Additionally, future cryptographic risks driven by quantum computing and AI could become a source of long-term uncertainty. (The Block)
According to QCP Capital’s market report, as the geopolitical risk premium gradually subsided last week, market sentiment turned cautious, and investors’ attention has refocused on policy direction, the interest-rate path, and the economic growth outlook. Equities have been trading near recent highs but lack momentum for an upside breakout. The Federal Reserve’s FOMC decision is due today. A pause in rate hikes is now the baseline market expectation; however, with no new CPI or employment data released since the prior meeting, markets are highly sensitive to Chair Powell’s commentary—any hawkish signal could swiftly reprice front-end rates and tighten financial conditions. Meanwhile, growing attention is turning to potential leadership changes at the Fed. Kevin Warsh has gained increasing traction in market forecasts. His hawkish stance on inflation and skepticism toward quantitative easing stand in marked contrast to current policy approaches. Should he assume leadership, liquidity-driven assets—including crypto—could face pressure, given crypto markets’ particular sensitivity to rising real yields and a stronger U.S. dollar. Regarding Bitcoin: after a strong performance in April—supported by ETF inflows and sustained institutional accumulation—the price has entered a range-bound phase. Funding rates remain subdued, volatility continues to narrow, and the broader market is in a wait-and-see mode. QCP believes Bitcoin’s next directional move will hinge more on Fed signals and macroeconomic data than on crypto-native flows. Additionally, the upcoming tech earnings season, alongside releases of the PCE and GDP price indices, will further test the validity of the “soft landing” narrative.
According to CBC News, the Canadian federal government has announced plans to implement a nationwide ban on cryptocurrency ATMs to protect the public from fraudsters. This measure was formally proposed in the government’s spring economic update, which characterizes cryptocurrency ATMs as “a primary tool used by fraudsters to deceive victims and by criminals to launder money.” Cryptocurrency ATMs allow users to deposit cash and exchange it for cryptocurrencies such as Bitcoin, which are then transferred to any digital wallet worldwide. CBC News’ prior investigative report, “Feeding Fraud,” revealed that these machines have become the main channel through which fraudsters in Canada obtain victims’ funds. Canada’s financial intelligence agency, FINTRAC, reached the same conclusion in its February 2023 analytical report. Canada currently has the highest number of cryptocurrency ATMs per capita globally—nearly 4,000 units nationwide—yet still lacks industry-specific regulatory legislation. The government stated that, following implementation of the ban, the public will still be able to purchase virtual currencies through physical money service businesses.
after ASOS co-founder Quentin Griffiths died in a fall from a building in Thailand, approximately $4 million in assets from his Bitcoin wallet were transferred out. The funds were moved from his online account to an unknown destination in three separate transactions within days of his death. His eldest son, Joel, reported the incident to the police six weeks after his father's passing. Thai police are currently investigating the asset theft case. Prior to his death, Quentin Griffiths was under investigation for suspected fraud and faced multiple legal lawsuits and family property disputes before and after the fall.
U.S. Senator Cynthia Lummis stated at the "Bitcoin 2026" conference that she plans to push the CLARITY Act into the deliberation process in May and work towards its final implementation, establishing a comprehensive regulatory framework for the U.S. crypto market.Lummis also stated that Bitcoin, with its characteristics of not requiring a trusted third party and its limited total supply, is "true freedom money," and believes that the United States should become the global core for this asset.
SEC Chairman Paul Atkins and CFTC Chairman Mike Selig stated at the Bitcoin 2026 Conference that U.S. digital asset regulation is entering a "new phase." The two agencies are working together to advance a regulatory framework for crypto assets and encourage related businesses to remain based in the United States.The two officials mentioned that a jointly released token classification guide has already distinguished between digital commodities, collectibles, and tokenized securities, and will push for clearer, forward-looking regulatory rules. Paul Atkins also said the SEC is preparing to launch an "innovation exemption," which could allow companies to test on-chain tokenization and securitization tools in a regulated environment within the coming weeks.
U.S. Representative Nick Begich stated at the Bitcoin 2026 conference that he plans to reintroduce his Bitcoin Strategic Reserve Act in the coming weeks, renaming the original "BITCOIN Act" to the "U.S. Reserve Modernization Act." The bill aims to codify President Trump's executive order into law, establishing a permanent Bitcoin reserve. It requires Bitcoin to be held for an "extended period" and to acquire 1 million BTC over five years through a "budget-neutral strategy." Begich stated that the renaming is intended to help Congress and the American people better understand the bill's objectives, ensuring Bitcoin is treated as a reserve asset. He also noted that given the uncertainty surrounding the next administration's stance on digital assets, now is the opportune moment to lock in gains by having Congress take action. (The Block)
: US Securities and Exchange Commission (SEC) Chairman Paul Atkins recently reiterated the push for "Project Crypto" and announced plans to jointly develop a digital asset classification framework with the Commodity Futures Trading Commission (CFTC). This framework will clarify when a token is deemed a security, while also introducing an "innovation exemption" to support the on-chain trading of tokenized securities.The market believes that the series of initiatives pushed by Paul Atkins represent one of the most aggressive shifts in crypto regulation in SEC history, marking a formal abandonment of the old “regulation by enforcement” model in favor of clear rule-making. This move could release a stronger entry signal for institutional capital that has been on the sidelines, potentially driving Bitcoin's price back above $80,000. Currently, Bitcoin is trading at approximately $77,586. The market is now focused on Atkins's further statements at the Bitcoin 2026 conference in late April. (Forbes)
the open interest (OI) for options on the Bitcoin spot ETF, IBIT, issued by BlackRock, rose to $27.61 billion on Friday, surpassing the $26.9 billion in the Bitcoin options market on the crypto derivatives platform Deribit for the first time.According to Volmex data, the call options holdings in IBIT are primarily betting that the Bitcoin price will rise to $109,709 in the short term, approximately 41% higher than the current level of around $77,400. Meanwhile, the Deribit market mainly expects Bitcoin to rise to about $106,000. Additionally, the average time to maturity of IBIT options is about two months longer than those on Deribit, indicating that investors in the regulated U.S. market are more inclined towards long-term holdings and stronger bullish sentiment. This further highlights the accelerating trend of institutionalization in the Bitcoin market. (CoinDesk)
Fu Peng, Chief Economist of Xinhuo Group, posted on X stating that commodity ETFs are essentially regulatory-compliant products packaging the business model of “holding commodities long-term and generating rental income continuously.” Fund companies focus not on the commodity market’s outlook but rather on the asset’s ability to generate “rent” consistently. Since BitMEX launched the world’s first BTC perpetual contract and introduced the funding rate mechanism on May 13, 2016, long-term BTC holders have been able to earn rental income through hedging operations—transforming BTC from a pure faith-based speculative asset into a “rental asset” with stable positive cash flow logic. The costs paid by retail participants when trading derivatives constitute the foundation for large-position holders’ risk-free hedging rental income. This income is then packaged into ETF-like products sold to liquidity providers (LPs), whose raised capital is subsequently used to purchase Bitcoin—creating a virtuous cycle that reduces volatility and reinforces BTC’s income-generating attributes.
Odaily BlockBeats News Tennessee Governor Bill Lee has signed a bill banning cryptocurrency ATM operations statewide, making Tennessee the second state to implement a complete ban after Indiana.The bill (HB 2505) has officially taken effect and will be enforced starting July 1. Under the new regulations, installing or operating a "virtual currency kiosk" (i.e., a Bitcoin ATM) will be classified as a Class A misdemeanor, punishable by up to one year in jail and a fine of $2,500. Additionally, merchants who allow such machines on their premises will also face legal liability.Currently, most U.S. states have strengthened oversight through measures such as licensing systems and transaction limits, but full bans remain rare. Data indicates that since 2026, 30 states have proposed related legislation, with 20 having passed laws, reflecting a continuous tightening of regulations around crypto ATM fraud risks.
According to The Block, OSL Group has announced a partnership with Circle’s affiliated entities to expand USDC integration across its payment and trading platforms. Through OSL Global, users can exchange USD for USDC at a 1:1 ratio and trade BTC, ETH, SOL, USD, and USDT pairs in a dedicated USDC trading zone. Meanwhile, OSL has adopted USDC as its unified margin asset and integrated USDC into its payment services to support compliant digital dollar settlement and payment use cases. OSL also stated that it plans to support Circle’s tokenized money market fund, USYC, subject to regulatory requirements and platform eligibility criteria.