Bitcoin (BTC) — Onchain News & Whale Tracking

Yesterday, the US Bitcoin spot ETF experienced a net outflow of $3.468 billion, marking the first outflow in nearly 10 trading days.

On May 30th, as monitored by Farside Investors, yesterday the net outflow of the US Bitcoin spot ETF was $3.468 billion, indicating the first outflow in nearly 10 trading days. Among them, Valkyrie IBIT had a net inflow of $1.251 billion, Fidelity FBTC had a net outflow of $1.663 billion, and Grayscale GBTC had a net outflow of $1.07 billion.

Michael Saylor shared "21 Ways to Wealth" at the Bitcoin 2025 Conference

On May 30th, as reported by Coindesk, Michael Saylor, the founder of Strategy, delivered a keynote speech at the Bitcoin 2025 conference held in Las Vegas on Thursday. He poetically expounded on Bitcoin and outlined his "21 ways to wealth" guiding principles to the audience and attendees. Michael Saylor stated, "Satoshi Nakamoto ignited a fire in cyberspace. The timid ones will flee from it; the ignorant will dance around it; and the faithful will add fuel to it, embracing dreams of a better world and basking in the warmth of the network's light. Many people are afraid when they see Bitcoin. They will never touch it, never benefit from it, and ultimately be left behind by the times. But those who truly understand it will add fuel to the fire. Buying Bitcoin is adding fuel to the fire." Michael Saylor said, "Take your fiat currency and exchange it for Bitcoin. Take your long-term capital and exchange it for Bitcoin. Sell your bonds and exchange them for Bitcoin. Sell your low-quality

Bitcoin Surges Above $106,000

On May 30th, according to HTX market data, Bitcoin has seen a rebound and exceeded $106,000, with a 24-hour decrease of 1.8%.

Wall Street Investment Bank Cantor Fitzgerald to Launch Gold-Backed Bitcoin Fund

On May 30th, as reported by CoinDesk, the Wall Street investment bank Cantor Fitzgerald announced that it will establish a gold-hedged Bitcoin fund, which marks the institution's first Bitcoin-themed investment product. This fund is planned to operate for five years. Its purpose is to maintain Bitcoin's price upside potential while offering a 1:1 downside protection through a gold pegged mechanism. Brandon Lutnick, the chairman of Cantor Fitzgerald, stated at the Bitcoin 2025 conference that this product is designed to attract traditional investors who are cautious about Bitcoin and encourage them to enter the crypto ecosystem. Previously, the institution has been involved in Bitcoin lending business, and its initial partners include the crypto lending platform Maple and the brokerage firm FalconX.

Metaplanet CEO: Bitcoin to Surge to $1 Million

On May 30th, Simon Gerovich, the CEO of the Japanese-listed company Metaplanet, shared a photo with Michael Saylor, the founder of X Strategy, and mentioned that "Bitcoin will rise to $1 million."

Bitcoin Drops Below $105,000

On May 30th, according to HTX market data, Bitcoin fell below $105,000, experiencing a 24-hour decline of 2.9%.

Michael Saylor: Including Bitcoin on the Balance Sheet Has a 90% Chance of Success Over 5 Years

On May 30th, Michael Saylor, the founder of Strategy, stated at the Bitcoin 2025 Conference, "If you include Bitcoin in your balance sheet, there is a 90% likelihood of achieving success within 5 years."

Tether CEO: Company Holds Over 100,000 Bitcoins and 50 Tons of Gold

On May 30th, as reported by The Block, Paolo Ardoino, the CEO of Tether, disclosed at the Bitcoin 2025 Conference that the company currently possesses more than 100,000 Bitcoins (valued at over $10 billion) and over 50 tons of gold. According to the latest financial report, by the end of the first quarter of 2025, Tether's holdings of Bitcoin were appraised at over $7 billion (calculated based on the price of $83,000 per BTC at that time), and its physical gold bars were valued at over $6 billion. Ardoino stated that in 2024, Tether achieved a profit of approximately $13 billion, making it the most profitable company in the cryptocurrency industry.

Paris Saint-Germain Football Club has announced that it has incorporated Bitcoin into its financial reserves.

On May 30th, according to The Block, Paris Saint-Germain Football Club (PSG) announced that it has included Bitcoin in its financial reserves. P?r Helgosson, the head of PSG Labs, disclosed at the Bitcoin 2025 conference in Las Vegas that the club has been purchasing and holding Bitcoin since last year and has become the first top football club to publicly hold Bitcoin. Helgosson stated that PSG has converted a part of its fiat reserves into Bitcoin and currently holds these assets. As one of the world's largest football clubs, PSG has become the first sports institution to publicly hold Bitcoin. The club also plans to invest in "Bitcoin entrepreneurs" and "Bitcoin projects" and leverage its global fan base of 5.5 billion to assist these projects in expanding their reach.

Total Bitcoin Open Interest Across All Exchanges Drops to $77.18 Billion

On May 30th, according to Coinglass data, the total open interest of Bitcoin futures contracts on the network amounts to 721,750 BTC (approximately $77.18 billion). Among them, the open interest of CME Bitcoin futures is 157,020 BTC (approximately $16.78 billion), ranking first; the open interest of Binance Bitcoin futures is 120,600 BTC (approximately $12.9 billion), ranking second.

Arkham: Identified On-Chain Address Holding 97% of Strategy Bitcoin Allocation

On May 29th, Arkham officials declared that a greater number of Strategy Bitcoins have been found, which accounts for 97% of its total holdings. Arkham has newly detected 53,833 Bitcoins (valued at $5.75 billion), thereby bringing Arkham's total coverage of Strategy Bitcoin holdings to $59.92 billion, nearly encompassing all of its Bitcoins.

Bitcoin Asset Management Company 21 Capital has seen its total funding amount increase to $685 million.

On May 29th, as per a CoinDesk report. Based on a filing submitted to the U.S. Securities and Exchange Commission (SEC) on Thursday. Bitcoin asset management company Twenty One Capital raised an extra $100 million through convertible senior secured notes. This brought its total funding to $685 million and advanced its merger plans with the Nasdaq-listed company Cantor Equity Partners (CEP). The filing indicates that this additional funding originated from existing investors and sponsors. They were provided with the option to purchase additional notes during the April financing round and have subsequently exercised that right.

Bitcoin Drops Below $107,000

On May 29th, based on HTX market data, Bitcoin fell below $107,000 and is currently trading at $106,983, with a 24-hour decline of 0.93%.

If Bitcoin drops below $105,000, the mainstream CEX long liquidation pressure will reach $577 million.

On May 29th, based on Coinglass data, if Bitcoin drops below $105,000, the cumulative long liquidation intensity of mainstream CEXs will reach $577 million. Conversely, if Bitcoin surges above $109,000, the cumulative short liquidation intensity of mainstream CEXs will reach $275 million. BlockBeats Notes: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent ones, that is, the strength. Therefore, the liquidation chart shows the extent to which the asset price reaching a certain position will be impacted. A higher "liquidation bar" indicates that once the price reaches that level, a more intense reaction will occur due to a liquidity onslaught.

Bitcoin Price Drops to $108,000

On May 29th, based on HTX market data, Bitcoin dropped to reach $108,000. Currently, it is trading at $108,016, with a 24-hour decrease of 0.72%.

Whale Whisperer James Wynn: Bitcoin to Break All-Time High without Altseason

On May 29th, Whale James Wynn made a post on the X platform, stating, "Regrettably, the altcoin season won't arrive until Bitcoin breaks its all-time high. Even if Bitcoin does manage to break through, its current dominance also implies that the altcoin season might be significantly postponed." Most "All-In Party" have 80% of their holdings in altcoins. However, you should have 99% in Bitcoin and set aside 1% for Meme coins — because the performance of Meme coins surpasses that of everything. This is an established fact."

Analyst: Bitcoin in Range-Bound Consolidation, IBIT and Deribit Options Markets Show Signs of Pullback Expectations

On May 29th, CoinDesk analyst Omkar Godbole noted that "Bitcoin (BTC) has been in a sideways trading pattern since reaching a record high of over $110,000 last week. The fading upward momentum is accompanied by indications that market participants' bullish sentiment towards the Belvedere physically-backed Bitcoin ETF (IBIT) -related options is waning." "This trend is distinctly reflected in the skewness of one-year put-call options. This metric reflects the volatility risk pricing of put options (used for downside protection) in relation to call options (representing bullish wagers). A negative value of this indicator typically suggests a bullish market, while a positive value indicates concerns about downside risk in the market." "The one-year option skewness of IBIT has rebounded from a four-month low of -3.8 two weeks ago to close to zero. This implies that IBIT option traders are no longer actively placing bets on further upward movement." "Perhaps they anticipate a market pullb

Glassnode: Bitcoin Options Open Interest Reaches All-Time High of $46.2 Billion, Signaling Maturing Market Participants

On May 29th, Glassnode announced on social media that the open interest of BTC options recently reached a new all-time high of $46.2 billion, with an increase of $25.8 billion from the low. This growth rate exceeded that of the futures market, suggesting that as market participants become more mature, the demand for more advanced hedging and strategy implementation is also steadily rising.

Data: The US government currently holds approximately $20.9 billion in cryptocurrency, with $20.4 billion in Bitcoin.

On May 29th, as per The Washington Post which cited data from the blockchain analysis company Chainalysis, by 3:00 PM Eastern Time on May 28th, the value of the top 20 cryptocurrency holdings in the United States was roughly $20.9 billion. This encompassed around $20.4 billion in Bitcoin and approximately $493 million in other digital assets. These funds were acquired through criminal activities like theft of funds, fraud, and sales on the darknet market. (The chart illustrates the proportion of altcoins other than Bitcoin.)

Bitcoin Plunge Needle Drop Causes Whale James Wynn to Lose $3 Million Principal

May 29th. Based on the monitoring of on-chain data analyst Yu Jin, around 12:40 today, the price of BTC once surged close to the liquidation price of whale James Wynn (approximately $107,000). A part of his position was liquidated as the stop-loss was adjusted to the liquidation price, resulting in an additional loss of $2.95 million. Currently, after James Wynn has returned all of his $87 million in profit, his principal has suffered a loss of $3 million. His current position is as follows: He is long 4,604 BTC with 40 times leverage; the position value is $496 million; the entry price is $108,334, and the liquidation price is $106,314.

Current mainstream CEX and DEX funding rate displays indicate that the market is more bearish on Bitcoin.

On May 29th, according to Coinglass data, the current mainstream CEX and DEX funding rates exhibit a market bias towards a bearish outlook on Bitcoin. The specific funding rates are as shown in the attached image. BlockBeats Note: The funding rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and serves as a fund exchange mechanism between long and short traders. The trading platform does not collect this fee. Its purpose is to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market sentiment. When the funding rate is less than 0.005%, it indicates a generally bearish market sentiment.

Yesterday's net inflow into the US Bitcoin spot ETF was $432.7 million

On May 29th, according to the monitoring of Farside Investors, yesterday the net inflow of the US Bitcoin spot ETF was $432.7 million. The net inflow of the BlackRock IBIT was $481 million.

Strive CEO Calls Mark Zuckerberg, Urges Meta to Add Bitcoin to Balance Sheet

On May 29th, as per Bitcoin Magazine, Matt Cole, the CEO of Strive, made a call to Meta CEO Zuckerberg at the Bitcoin 2025 conference, urging him to include Bitcoin in the balance sheet. Previously reported by BlockBeats, on May 27th, the asset management company Strive announced the completion of a $750 million private equity financing round, with a focus on deploying the "excess Bitcoin return" strategy portfolio. The financing will be utilized to acquire biotech companies, distressed Bitcoin claims (such as Mt. Gox reimbursement claims), and discounted structured Bitcoin credit products to build its Bitcoin reserve treasury. CEO Matt Cole stated that Strive will enhance BTC returns with the "excess Bitcoin return" strategy and will elaborate on the plan at the "Bitcoin 2025" conference in Las Vegas.

Metaplanet Issues $21 Million in Bonds for Bitcoin Acquisition

On May 29th, the Japanese listed company Metaplanet once more announced the issuance of a $21 million zero-coupon convertible bond in order to increase its holdings of Bitcoin.

Analysis: Bitcoin Leverage Ratio Has Not Reached Previous Highs, Current Rally Primarily Driven by Spot

On May 29th, according to TheBlock, although Bitcoin recently reached an all-time high, open interest futures data shows a cautious market sentiment. The open interest of BTC futures contracts on major exchanges is generally 10% to 15% lower than the peak in December 2024, indicating that the leverage usage of derivatives traders has not reached the previous highs. Binance's open interest for BTC futures contracts is currently $12.5 billion, which is nearly a 10% decrease from the peak of $13.7 billion in December 2024. Derivatives traders have not returned to the leverage frenzy seen at historical highs, suggesting that the current rally is mainly driven by spot trading.

New York City Mayor Proposes Issuance of Bitcoin Municipal Bond 'BitBond' Concept

On May 29th, as per CoinDesk's report, New York City Mayor Eric Adams advocated for the abolition of the BitLicense cryptocurrency licensing system issued by the New York State Department of Financial Services (NYDFS) at the Bitcoin 2025 conference. He also proposed the concept of issuing a Bitcoin municipal bond named "BitBond." Adams said, "Let's get rid of the BitLicense and enable Bitcoin to freely circulate in New York." He pledged to promote the creation of municipal bonds backed by Bitcoin. According to a proposal put forward by the Bitcoin Policy Institute in March, 90% of the funds raised by such bonds will be allocated for government expenditures, 10% will be used to purchase Bitcoin, and bondholders will receive a 1% annual interest rate along with some Bitcoin appreciation gains.

James Wynn increased his long Bitcoin position 40x to $528 million, with a current mark price of $106,450

Trump's Son Predicts Bitcoin Could Surpass $170,000 by the End of 2026

On May 29th, as per TheBlock, Donald Trump's sons Donald Trump Jr. and Eric Trump forecasted at the Bitcoin 2025 Conference that the price of Bitcoin might exceed $170,000 by the conclusion of 2026. Eric disclosed that MicroStrategy founder Michael Saylor had proposed that the Trump family take out a mortgage on the Mar-a-Lago estate to invest in Bitcoin and had guided them in formulating a cryptocurrency reserve strategy. The Trump family has recently been engaged in multiple businesses within the cryptocurrency realm: their Truth Social parent company intends to raise $2.5 billion to establish a Bitcoin reserve; their joint mining venture American Bitcoin is planning to go public through a Special Purpose Acquisition Company (SPAC); the World Liberty project is launching the USD1 stablecoin.

Pakistan is in the process of establishing a national-level Bitcoin Strategic Reserve

On May 29th, according to Decrypt, Bilal Bin Saqib, the Special Assistant to the Prime Minister of Pakistan and the Advisor on Blockchain and Cryptocurrency Affairs, declared at the "Bitcoin 2025" conference that Pakistan is setting up a national strategic Bitcoin reserve and said, "We will hold these bitcoins and will never sell them." Bin Saqib mentioned that this plan was motivated by the establishment of a Bitcoin reserve by the United States. He also added that the Pakistani government announced this week that it will allocate the remaining 2000 megawatts of power to Bitcoin mining and AI data centers to boost revenue generation, employment, and attract foreign investment. Bin Saqib is also an advisor to the Trump crypto project World Liberty Financial.

Bitcoin Surges Above $108,000, Plunges to Touch $106,769 This Morning

On May 29th, according to HTX market data, Bitcoin rebounded and rose above $108,000. This morning, it had dropped to reach $106,769, with a 24-hour decrease of 1.02%.

US Vice President Pence: I still hold a significant amount of Bitcoin

On May 29th, during the Bitcoin 2025 Conference, U.S. Vice President Vance said in his speech, "I still possess a considerable amount of Bitcoin."

U.S. Vice President Harris: Bitcoin Can Play a Positive Role in the Nation's Future Strategic 计划

On May 29th, during the Bitcoin 2025 Conference, U.S. Vice President Vance stated in his speech that Bitcoin has the potential to play a positive role in the country's future strategy.

US Vice President Harris: Approximately 50 million Americans hold Bitcoin, and that number is expected to soon reach 100 million

On May 29th, during the Bitcoin 2025 Conference, U.S. Vice President Vance stated in his speech that around 50 million Americans possess Bitcoin, and I think this number will rapidly ascend to 100 million. (Financial Times)

If Bitcoin drops below $107,000, the mainstream CEX long liquidation pressure will reach $1.325 billion

On May 28th, based on Coinglass data, if Bitcoin drops below $107,000, the cumulative intensity of long liquidation in mainstream CEX will reach $1.325 billion. On the other hand, if Bitcoin goes above $110,000, the cumulative intensity of short liquidation in mainstream CEX will reach $1.142 billion. BlockBeats Note: The liquidation chart does not present the exact number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. Higher "liquidation bars" suggest that once the price reaches that level, a more intense reaction will occur due to a liquidity cascade.

Bitcoin Drops Below $108,000

On May 28th, according to HTX market data, Bitcoin fell below $108,000, experiencing a 24-hour decline of 1.8%.

Analyst: Bitcoin Could Rally to $130K-$150K

On May 28th, according to the report in Cointelegraph, Mike Novogratz, a partner at Goldman Sachs and the founder of Galaxy Digital, stated that Bitcoin will reach a range between $130,000 and $150,000. He pointed out that strong institutional inflows, a weakening US dollar, and the increasing demand for digital assets are the main driving factors for this prediction. Novogratz said, "We witnessed a peak of enthusiasm around the presidential inauguration. Now, it seems that we will break through the range of $106,000 to $108,000 and then commence the next round of growth, with a target range of $130,000 to $150,000. By that time, it will enter a phase of price discovery." Geoff Kendrick, the Global Head of Digital Assets at Standard Chartered Bank, indicated that Bitcoin is expected to reach $120,000 in the first half of 2025, and driven by the rise of stablecoins, it could reach $200,000 by the end of the year. Arthur Hayes, the co-founder of BitMEX, said that if the Federal Reserve

K33 Secures 60 Million Swedish Krona Funding for Bitcoin Purchase

On May 28th, K33 has now entered into an investment agreement with its shareholders Klein Group (via Aurora 3 AS), Middelborg Invest AS, Tigergutt Invest AS, and Modiola AS (collectively referred to as the "Investors"). As a result, a total of 60 million Swedish Krona (approximately $623,000) has been raised for the company's Bitcoin treasury strategy.

Bitcoin Spot ETF Sees Record Net Inflow of $3.294 Billion in May, Reaching a New High Since January

On May 28th, according to data from DefiLlama, Bitcoin Spot ETF witnessed a net inflow of $3.294 billion in May, establishing a new monthly inflow record since January.

Greeks.Live: Most Traders Anticipate Bitcoin to Experience a Significant Dip

On May 28th, the Greek.Live analyst Adam posted on social media that "the community generally has a bearish attitude. Most traders anticipate a significant decline in Bitcoin. Especially before the upcoming Bitcoin conference (May 27 - 29). There is a distinct divergence between the bears expecting a sharp drop and a bull who predicts that the SPX will reach 6650 by the end of July, and Bitcoin may reach 120,000 US dollars before pulling back to 102,000 US dollars."

K33: The MSTR Relative Bitcoin Holdings Premium Decline and Corporate Hodl War have led to a slowdown in Strategy accumulation speed

May 28th. Presently, although Strategy (formerly MicroStrategy), it is still continuously adding Bitcoin. However, the pace of accumulation has significantly slowed down compared to the peak in November of last year. K33 Research Director Vetle Lunde pointed out in a report on Tuesday that there are two factors contributing to the slowdown. Firstly, the premium of Strategy's Class A common stock MSTR in relation to its Bitcoin holdings has decreased. Secondly, the corporate Bitcoin hoarding competition is becoming increasingly intense. From May 19th to 25th, Strategy purchased 4,020 Bitcoins at an average price of $106,237 (approximately $4.271 billion). Among them, $3.487 billion came from its latest $21 billion ATM (At-the-Market) financing plan. This is a significant decrease compared to the previous week's $0.705 billion and from May 5th to 11th's $1.31 billion. Overall, the utilization speed of the new $21 billion ATM plan is much lower than that of the first $21 billion plan. F

QCP Capital: As the current market volatility continues to decrease, companies may choose to hold Bitcoin reserves to provide the market with new structural buying pressure.

May 28th. QCP Capital made a post on its official channel, indicating that the volatility of the majority of asset classes continues to decrease. Owing to the absence of significant news flows and macroeconomic data, the market has entered a period of tranquility. Although there is continuous news, the market appears to be increasingly insensitive to negative news. Headlines that could have previously triggered strong reactions are now casually ignored. The U.S. Treasury yields have slightly retracted after the so-called "grand and beautiful bill" caused fiscal turmoil last week. However, the debt-to-GDP ratio still remains above 120%, and the new bill is expected to add another $3.8 trillion to the national debt. The 10-year and 30-year U.S. Treasury yields have dropped below 4.5% and 5.0% respectively, while Japan's 30-year government bond yield has also fallen below 3%. These levels are still relatively high historically, but short-term risks have eased. Market attention has shift

David Sacks on Bitcoin Reserves Revisited: The key now is how to get the Treasury or Commerce Department to fund this

May 28th. As per a report by Cointelegraph, during a fireside chat at the Bitcoin 2025 conference, David Sacks, the White House Crypto Czar, informed Gemini's two co-founders that although he "is unable to commit to anything," the U.S. government does possess a means to acquire more Bitcoin. If the government could finance the purchase in a "budget-neutral" manner, without depending on taxes or adding to the continuously escalating national debt, then the U.S. would be able to purchase more Bitcoin. "The question is, can we stimulate the Treasury or Commerce Department to be enthusiastic about this. Because if they take this initiative and figure out how to fund it, then they have actually obtained the president's permission," said David Sacks.

El Salvador Ignores IMF Pressure, Continues to Accumulate Bitcoin

On May 28th, based on the data from the Salvadoran Ministry of Finance website, El Salvador once more increased its holdings of Bitcoin this morning. Currently, it holds 6,190.18 Bitcoins, with a value exceeding $674 million. In the past 7 days, it has added 8 Bitcoins, and in the past 30 days, it has increased its holdings by 30 Bitcoins. It still adheres to its plan of purchasing 1 Bitcoin per day. It is worth noting that in recent months, the International Monetary Fund (IMF) has been putting pressure on El Salvador to cease accumulating decentralized value storage assets. In December 2024, El Salvador reached an agreement with the IMF to receive a $1.4 billion loan. As part of this agreement, El Salvador agreed to revoke Bitcoin's status as legal tender in the country and reduce the public sector's engagement with Bitcoin. On April 27th, Rodrigo Valdes, the director of the IMF's Western Hemisphere Department, stated at a spring meeting press conference that El Salvador is still co

James Wynn increased his long Bitcoin position by 40x to $600 million, with a current mark price of $107,200

Yesterday, the US Bitcoin Spot ETF saw a net inflow of $385.4 million, marking the ninth consecutive day of net inflows.

On May 28th, according to data from Farside Investors, the net inflow of the US Bitcoin spot ETF yesterday was $385.4 million, marking the ninth consecutive day of net inflows. This includes: a net inflow of $409.3 million for Blackrock's BIT; a net inflow of $36 million for Grayscale BTC; and a net outflow of $38.3 million for ARKB.

BlackRock: Suggests Allocating 2% of Portfolio to Bitcoin

On May 28th, a spokesperson from BlackRock, which is the world's largest asset management company, proposed at the Bitcoin 2025 conference that 2% of the portfolio should be allocated to Bitcoin.

Michael Saylor: Bitcoin is the Currency, Everything Else is Just Credit

On May 28th, Michael Saylor, the founder of Strategy, posted and stated that "Bitcoin is the currency, and all other tokens only represent credit." At the Bitcoin 2025 event, Cameron and Tyler Winklevoss, the president and CEO of Gemini respectively, presented Michael Saylor with a Gemini Bitcoin credit card and said, "We gave Saylor a whale-sized credit limit. I think he can handle it."

Steak 'n Shake: Bitcoin Payment Faster Than Credit Card

On May 28th, a spokesperson for the U.S. chain fast food brand Steak 'n Shake stated at the Bitcoin 2025 Conference that Bitcoin payments are quicker than credit card payments. By accepting Bitcoin payments, the transaction processing fees have been reduced by 50%.

Bitwise CEO: If Asset Managers Allocate 1% to Bitcoin, It Would Bring 'Hundreds of Billions of Dollars' into the Market

On May 28th, as reported by Bitcoin Magazine, Hunter Horsley, the CEO of the $12 billion crypto asset management firm Bitwise, disclosed at the Bitcoin 2025 conference that if wealth management firms were to allocate 1% of their investments to Bitcoin, it would bring "hundreds of billions of dollars" into the Bitcoin market.

Publicly traded company Captor Capital has acquired $500,000 worth of Bitcoin

On May 28th, the Canadian listed company Captor Capital Corp announced that it had completed the purchase of $500,000 worth of Bitcoin and received a $450,000 convertible bond investment from a European institutional investor. Captor Capital intends to enhance its position in the digital asset space.