Trump&#8217;s focus on non-proliferation over economic issues may hinder diplomatic 
progress, increasing geopolitical tensions and market uncertainty.
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concerns appeared first on Crypto Briefing.

Trump prioritizes Iran nuclear non-proliferation over economic concerns

The incident highlights the need for robust infrastructure oversight, 
especially as data centers expand, to prevent resource mismanagement.
The post Quality Technology Services used 30 million gallons of water without 
payment in Georgia appeared first on Crypto Briefing.

Quality Technology Services used 30 million gallons of water without payment in Georgia

Sanctions may drive Iran and China to further embrace decentralized finance, 
impacting global crypto markets and boosting blockchain analytics demand.
The post US imposes sanctions on companies aiding Iran&#8217;s oil shipments to 
China appeared first on Crypto Briefing.

US imposes sanctions on companies aiding Iran’s oil shipments to China

Bitcoin price started a recovery wave above the $80,500 zone. BTC is 
consolidating and might aim for more gains if it clears the $81,500 resistance 
zone. Bitcoin managed to form a base above $80,000 and started a recovery 
wave. The price is trading above $80,500 and the 100 hourly simple moving 
average. There is a bearish trend line forming with resistance at $81,500 on 
the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might 
gain bullish momentum if it settles above the $81,500 zone. Bitcoin Price Eyes 
Fresh Upside Break Bitcoin price remained supported above the $80,000 zone. 
BTC formed a base and settled above $80,500 to start a recovery wave. There 
was a move above the $80,650 and $80,800 levels. The bulls were able to push 
the price above the 50% Fib retracement level of the downward move from the 
$82,100 swing high to the $79,844 low. However, the bears could be active near 
$81,250. There is also a bearish trend line forming with resistance at $81,500 
on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $80,500 
and the 100 hourly simple moving average. If the price remains stable above 
$80,500, it could attempt a fresh increase. Immediate resistance is near the 
$81,250 level, the trend line, and the 61.8% Fib retracement level of the 
downward move from the $82,100 swing high to the $79,844 low. The first key 
resistance is near the $82,000 level. A close above the $82,000 resistance 
might send the price further higher. In the stated case, the price could rise 
and test the $82,500 resistance. Any more gains might send the price toward 
the $83,500 level. The next barrier for the bulls could be $85,000. Another 
Decline In BTC? If Bitcoin fails to rise above the $81,500 resistance zone, it 
could start another decline. Immediate support is near the $80,500 level. The 
first major support is near the $80,000 level. The next support is now near 
the $79,200 zone. Any more losses might send the price toward the $78,250 
support in the near term. The main support now sits at $77,500, below which 
BTC might struggle to recover in the near term. Technical indicators: Hourly 
MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative 
Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support 
Levels – $80,500, followed by $80,000. Major Resistance Levels – $81,500 and 
$82,000.

Bitcoin Price Recovery Gains Pace, Can Rally Momentum Return?

Exodus Movement, Inc. (NYSE American: EXOD) significantly altered its balance 
sheet strategy during the first quarter of 2026, offloading a majority of its 
bitcoin holdings to finance a pivot into the global payments sector. NYSE 
American Listed Exodus Liquidates 63% of Bitcoin Treasury in Q1 According to 
the company’s unaudited Q1 2026 financial results and […]

Exodus Movement Sells 1,076 Bitcoin to Fund Global Payments Expansion

Peter Schiff thinks Strategy executive chairman and co-founder Michael Saylor 
is misleading retirees. The outspoken economist fired off a warning on X, 
asking how the SEC could allow Saylor to publicly describe STRC as suitable 
for retired investors whose main goals are low-risk wealth preservation and 
steady income. Related Reading: Shiba Inu Bullish Momentum Explodes As Buying 
Pressure Intensifies Schiff called it a violation of SEC antifraud and 
marketing rules. Strategy has not publicly responded to the criticism. A 
Preferred Stock Built Around Bitcoin The debate comes as Strategy pulled in 
over $206 million through its STRC perpetual preferred stock program. 
According to data from Bitcoin Treasuries&#8217; ATM tracker on May 11, the company 
issued 2.12 million shares to generate those proceeds. At an average Bitcoin 
price of $81,471, that haul could buy roughly 2,536 BTC. The capital raise 
happened the same day Strategy announced it bought $43 million worth of 
Bitcoin — its first purchase after a one-week pause. The timing was no 
coincidence. STRC&#8217;s return to its $100 par value earlier in the session 
reopened the door for fresh share sales under the company&#8217;s at-the-money 
program. Trading volume told the story clearly. STRC recorded close to $445 
million in daily volume on May 11, with the stock barely moving — it ranged 
from $99.99 to $100.01. That kind of price stability was the green light the 
program needed. How STRC Works The stock&#8217;s structure was designed by Saylor 
himself. Reports indicate STRC is built to hold steady at $100 per share, with 
dividend payouts that shift depending on where the stock trades. When the 
price dips below par, yields go up to pull investors back in. When shares 
trade at or above the target, the company can cut the payout and redirect 
capital toward Bitcoin purchases. STRC currently yields 11.5% annually, with 
the next ex-dividend date set for May 15. STRC had already shown signs of 
recovery on May 8, when it closed at $99.99 and climbed back to $100 in after- 
hours trading. Volume that day topped $218 million — a signal the stock was 
regaining footing before Monday&#8217;s full rebound. Related Reading: Nearly 80% Of 
Bitcoin Supply Hasn’t Moved As Long-Term Holders Tighten Grip Schiff&#8217;s 
Challenge Draws Attention Schiff&#8217;s objection cuts to a basic question about 
who STRC is for. The preferred stock is linked, at least indirectly, to 
Strategy&#8217;s ongoing Bitcoin accumulation strategy, which carries its own risks. 
That tension — between the stock&#8217;s structured, fixed-price design and the 
volatile asset it funds — sits at the center of the dispute. Strategy has 
built a model around raising equity capital and using the proceeds to buy 
Bitcoin. The STRC program is one of several instruments the company uses to 
keep that cycle running. With Monday&#8217;s raise added in, the machine is moving 
again. Featured image from Shutterstock, chart from TradingView

Trump prioritizes Iran nuclear non-proliferation over economic concerns

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