In past instances, BTC has averaged 24% gains in one month when institutional 
demand absorbed over 500% of the daily mined supply.

Bitcoin price eyes $96K as institutions absorb 500% of daily BTC supply

Bitcoin’s rally on Monday pushed it above $80,000 for the first time since 
January as analysts say BTC price could rise further to fill the futures gap 
at $84,000 in the short term.

Bitcoin in ‘disbelief rally’ as traders spot $84K BTC price target

The regulator reportedly requested more information from Roundhill, 
GraniteShares and Bitwise about how the event contract funds would work.

SEC delays prediction market ETFs over mechanics and risk concerns: Report

Tether has minted 5 billion USDT across Ethereum and Tron over the past two 
weeks, including a fresh 1 billion USDT issuance, in a liquidity injection 
that analysts read as a bullish demand signal for the broader crypto market. 
Key Takeaways: Tether minted 5B USDT in two weeks, including 1B USDT on Tron 
on May […]

Tether Mints 5 Billion USDT in Two Weeks as Liquidity Signal Builds Alongside Bitcoin Rally

MicroStrategy&#8217;s temporary pause in Bitcoin purchases highlights the firm&#8217;s 
unwavering commitment to its long-term crypto strategy.
The post Strategy pauses Bitcoin purchase, plans to resume next week appeared 
first on Crypto Briefing.

Strategy pauses Bitcoin purchase, plans to resume next week

The CLARITY Act is moving toward its next procedural test after Senate 
negotiators released compromise language on stablecoin rewards last week, 
raising expectations that the Senate Banking Committee could take up the 
measure as soon as the week of May 11. Alex Thorn, head of research at Galaxy 
Digital, said the release of text from […]
The post CLARITY Act markup could come next week after stablecoin deal 
breakthrough appeared first on CryptoSlate.

Bitcoin price eyes $96K as institutions absorb 500% of daily BTC supply

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