Grab’s new partnership with Natix marks a significant advancement in decentralized mapping technologies, blending AI with blockchain for enhanced accuracy. This collaboration aims to empower users by incentivizing them to
Despite Bitcoin slipping to 93,738—down 0.5% from its May 2 peak near $97,900—underlying metrics point to a potential setup for renewed strength in 2025. Institutional appetite remains firm, with spot Bitcoin ETFs drawing over 4.5 billion in net inflows between April 22 and May 2. Such sustained inflows, particularly during a consolidation period, often indicate an upcoming directional move. Futures markets echo that sentiment. Open interest has climbed to 669,090 BTC, according to CoinGlass—marking a 21% increase since March 5. The Chicago Mercantile Exchange alone now hosts over 13.5 billion in BTC futures contracts. Institutional demand—whether for risk exposure or hedging—continues to build confidence in Bitcoin’s role as a long-term allocation. Key institutional signals: Spot ETF inflows: 4.5 billion in just 10 days Open interest up 21% since March CME futures top 13.5 billion Policy Delays and Market Sentiment; Bitcoin Supported? Investor sentiment remains cautious after enthusiasm surrounding the Strategic Bitcoin Reserve bill faded. Since its March 6 announcement, no follow-up disclosures have materialized, leaving markets in the dark on potential government accumulation. Similarly, Bitcoin-related legislation at the state level, including in Arizona, has failed to gain traction. Despite the political uncertainty, institutional positioning hasn’t stalled. On May 5, Michael Saylor’s firm, Strategy, added 1,895 BTC —shortly after announcing an 84 billion capital expansion plan. This move reinforces long-term conviction in Bitcoin, even after a 5% decline over the past three months. JUST IN: Michael Saylor's 'Strategy' $MSTR buys 1,895 Bitcoin worth $180.3 million. • Total balance: 555,450 $BTC ($52.2B) • Avg price: $68,594 • Profit: $14.1B pic.twitter.com/jL5wkeH8IK — HodlFM Team (@Hodl_fm) May 5, 2025 Meanwhile, traditional assets have outperformed. Gold rose 16% during the same window, while the S&P 500 fell 6.5%, putting pressure on Bitcoin’s status as a non-correlated asset. Geopolitical friction, particularly between the U.S. and China, has further prompted investors to seek safety in cash and fixed income. Still, Bitcoin dominance is rising. It now represents 70% of the total crypto market cap—its highest share since January 2021—reflecting increased investor preference for lower-risk digital assets. Bitcoin Technical Picture: Breakout or Breakdown? Bitcoin is currently trading just below a descending trendline from May 2, with the 50-period EMA at 94,972 acting as overhead resistance. The MACD remains in negative territory, signaling fading momentum. Immediate support is located at 92,922, followed by deeper levels at 91,895 and 90,999. Bitcoin Price Chart – Source: Tradingview Trade Setup: Sell below 92,900 → Target: 91,900 | Stop: 94,300 Buy above 95,000 → Target: 96,500 | Stop: 94,000 Traders should wait for a confirmed breakout or breakdown before entering positions. The current compression suggests that any move outside this range could be significant. BTC Bull Token Crosses $5.36M as Flexible 78% Staking Yield Draws Investors BTC Bull Token ($BTCBULL) continues to gain traction, crossing $5.34 million in funds raised as it nears its $6.07 million presale cap. Priced at $0.002495, the token has positioned itself as more than just a meme coin—offering real utility through flexible, high-yield staking. Utility-Driven Tokenomics Fuel Demand Unlike typical meme tokens, BTCBULL blends crypto culture appeal with tangible staking rewards. Investors can currently earn an estimated 78% APY while keeping their tokens fully liquid—unstaking is allowed at any time without penalties or lockup periods. This model has resonated with investors who seek yield without sacrificing access, especially in a volatile crypto environment. Current Presale Stats: USDT Raised : $5,360,259 of $6,070,369 Current Price: $0.002495 per BTCBULL Staking Pool Total: 1,342,549,903 BTCBULL Estimated Yield: 78% annually With less than $710K left before the next milestone, the presale window is narrowing fast. For investors chasing high yields with exit flexibility, BTCBULL is becoming an increasingly compelling contender in the 2025 crypto cycle. The post Bitcoin Price Prediction: Why the Latest Pullback Might Be the Setup for a 2025 Super Rally appeared first on Cryptonews .
Bitcoin dominance approaches 71%, shifting focus to altcoins in the crypto market. Investors eye Bitcoin support levels to strategize amid shifting dynamics. Continue Reading: Bitcoin Dominance Climbs Higher, Creating New Opportunities for Altcoin The post Bitcoin Dominance Climbs Higher, Creating New Opportunities for Altcoin appeared first on COINTURK NEWS .
In the dynamic world of cryptocurrency, finding simple yet profitable ways to participate can be challenging, especially for newcomers. Traditional crypto mining often requires significant investment in hardware, technical know-how, and ongoing maintenance. This is where the appeal of cloud mining comes in, offering a streamlined alternative. Leading the way in this accessible approach is NR7 Miner cloud mining, a platform designed to help users potentially earn substantial daily income with minimal effort, powered by a commitment to renewable energy. Cloud mining has gained popularity precisely because it removes the complexities of hardware ownership. Instead of setting up and managing your own mining rigs, you can rent processing power from large data centers remotely. This makes engaging with the cryptocurrency market accessible to a much wider audience, regardless of their technical background or financial capacity for extensive hardware investments. The Evolution of Mining: Embracing Renewable Energy As global attitudes shift towards sustainability, so too does the approach to energy-intensive processes like crypto mining. NR7 Miner cloud mining is at the forefront of this change, powering its operations using renewable energy sources like solar and wind. This not only significantly reduces the environmental impact often associated with traditional mining but also integrates surplus energy back into the grid, showcasing a forward-thinking and responsible approach. This focus on green energy also contributes to lower operating costs, a benefit that can be passed on to the user in the form of potentially higher profits. Introducing NR7 Miner: Where Simplicity Meets Profitability For those seeking an attractive option to earn a steady income passively, NR7 Miner cloud mining offers a compelling solution. The platform is specifically designed for ease of use, making it ideal for absolute beginners in the crypto space. NR7 Miner believes that earning cryptocurrency shouldn’t be complicated. As a recognized leader in cloud mining services, NR7 Miner operates a vast network of over 30 data centers located strategically across the globe. What sets them apart is their commitment to powering these centers exclusively with renewable energy. This dedication to sustainability, combined with a track record of providing stable income and robust security measures, has earned the trust and support of over 10 million users worldwide. Unlocking Potential Daily Earnings One of the most appealing aspects highlighted by NR7 Miner cloud mining is the potential for significant passive income. While the claim of earning $1 million or more per day might seem ambitious, the platform positions itself as offering extraordinary earning opportunities that can help users work towards their financial goals. The core idea is generating substantial income without the constant oversight, technical troubleshooting, and high electricity bills associated with traditional mining setups. It’s about leveraging the power of large-scale, efficient mining operations remotely. Starter Plan: $12 investment, $0.50 potential daily earnings. Increased Hashrate: $100 investment, $6 potential daily earnings. Maximum Hashrate: $500 investment, $31.75 potential daily earnings. Premium Contracts: Values range from $5,000 to $25,000, offering higher potential earnings. Security, Trust, and Sustainability In any financial endeavor, particularly within the digital asset space, security and trust are paramount. NR7 Miner places user safety at the forefront of its operations. The company emphasizes transparency and legal compliance, aiming to ensure your investment is protected, allowing you to focus on the profitability aspects of cloud mining. Furthermore, the commitment to renewable energy isn’t just about being environmentally friendly; it’s a core part of their operational model. By utilizing clean energy across all mining farms, NR7 Miner actively participates in the carbon-neutral movement. This approach demonstrates responsibility while also contributing to operational efficiency that supports the platform’s profitability for users. Key Advantages of Choosing NR7 Miner Beyond the focus keyword, NR7 Miner cloud mining offers several distinct advantages that contribute to its popularity: Generous Welcome Bonus: Get an instant $12 bonus simply for registering an account. High Profitability & Daily Payouts: The platform is designed for high potential returns with profits distributed daily, providing a consistent income stream. Transparent Fees: There are no hidden or additional service and management fees. Multiple Cryptocurrency Settlements: The platform supports settlements in a wide range of popular cryptocurrencies, including USDT-TRC20, BTC, ETH, LTC, USDC, BNB, USDT-ERC20, BCH, DOGE, SOL (Solana), and XRP, offering flexibility. Lucrative Affiliate Program: The affiliate program allows users to earn substantial referral bonuses, up to $25,000 for inviting active referrals, providing another avenue for income without direct investment. Robust Security & Support: Utilizing security measures like McAfee® and Cloudflare® ensures platform safety, backed by a 100% uptime guarantee and excellent 24/7 human technical support. Getting Started with NR7 Miner Cloud Mining Starting your cloud mining journey with NR7 Miner is designed to be straightforward. Here are the basic steps: Step 1: Register Your Account Visit the official NR7 Miner website. The registration process is simple, requiring just your email address to create a new account. Once registered, you can quickly move towards initiating your mining activity. Step 2: Select and Purchase a Mining Contract NR7 Miner offers a variety of mining contract options tailored to different investment levels, such as $100, $500, and $100,000 contracts. Each contract comes with a specified Return on Investment (ROI) and duration. Your earnings begin to be calculated from the day after the contract purchase. Once your accumulated earnings reach $100, you have the option to withdraw them to your crypto wallet or reinvest by purchasing additional contracts to potentially increase your passive income. Exploring Investment Contracts For detailed information on the various mining contracts available, their specific terms, and projected returns, it is recommended to visit the official NR7 Miner website. Understanding the contract options is key to aligning your investment with your financial goals. If achieving financial freedom through passive income is your objective, NR7 Miner cloud mining presents an exciting opportunity worth serious consideration. With the potential for significant daily earnings, scalability, and a foundation built on innovative, sustainable technology, it makes a compelling case for anyone looking for a simpler way to grow their wealth in the cryptocurrency market. Expand Your Earnings with the Affiliate Program NR7 Miner also provides an additional earning avenue through its affiliate program. This platform allows you to earn income by referring others to the site. You don’t need to make an investment yourself to start earning through referrals. By inviting active users, you can receive substantial one-time fixed bonuses, potentially up to $25,000. With no limit on the number of referrals, your earning potential through this program is considerable. Cloud Mining: A Strategy for Passive Income In essence, if you’re seeking effective ways to boost your passive income streams, cloud mining is an excellent method to explore. When utilized correctly, opportunities like NR7 Miner cloud mining can genuinely help you “automatically” increase your cryptocurrency holdings with minimal time commitment compared to active trading. Passive income is a key goal for many investors, and platforms like NR7 Miner aim to make maximizing that potential easier than ever. Conclusion NR7 Miner is presented as a legally registered entity in the UK, specializing in network encryption technology services and operating under relevant local laws and regulations. NR7 Miner cloud mining offers a straightforward and potentially profitable entry into cloud mining. Whether you are brand new to mining or an experienced crypto investor, the NR7 Miner platform is designed to help you easily work towards maximizing your returns. Embark on your journey to increased income with NR7 Miner’s designedly worry-free cloud mining solution. For more detailed information, please visit the official NR7 Miner website: https://nr7miner.com You can also find their mobile app on the Google Play Store and Apple App Store .
The world of cryptocurrency trading is a dynamic and often unpredictable space, where market signals can shift rapidly. Recently, the focus has been squarely on the Bitcoin price , which has seen a significant rally. However, a fascinating observation from institutional crypto services provider Matrixport suggests that this upward movement might be reaching a critical juncture, potentially setting the stage for a much larger move in the crypto market . According to Matrixport’s May 6 Chart of the Day shared on X, Bitcoin has enjoyed a nearly 25% rally. This price appreciation has been accompanied by a substantial increase in futures open interest , climbing from $22 billion to a significant $29 billion. Normally, a strong rally coupled with rising open interest would suggest that traders are aggressively opening new long positions, betting on further price increases. However, the Matrixport analysis highlights a peculiar detail: the funding rate has remained relatively flat during this period. Understanding the Key Indicators: Open Interest and Funding Rate To fully grasp the implications of Matrixport’s observation, it’s essential to understand the two key metrics they highlight: open interest and the funding rate . What is Open Interest and Why Does it Matter for Bitcoin Price? Open interest refers to the total number of outstanding derivative contracts, such as futures or options, that have not been settled. It represents the total number of positions (both long and short) that are currently open in the market. Think of it as a measure of market participation and liquidity for a specific asset like Bitcoin in the derivatives market. Rising Open Interest: Generally indicates increasing market activity and new money flowing into the market for that specific asset. It can suggest strengthening conviction among traders, whether they are opening new long or short positions. Falling Open Interest: Suggests positions are being closed, which can happen during price consolidation or trend reversals as traders exit their positions. When the Bitcoin price is rallying, a significant increase in open interest typically implies that new long positions are being opened, adding fuel to the upward trend. However, the story becomes more complex when you factor in the funding rate . Decoding the Funding Rate: Sentiment in Bitcoin Trading The funding rate is a mechanism used in perpetual futures contracts (a type of futures contract without an expiry date, common in Bitcoin trading ) to keep the contract price close to the spot price of the underlying asset. It involves periodic payments between traders holding long and short positions. Positive Funding Rate: Long position holders pay short position holders. This happens when the perpetual contract price is trading above the spot price, indicating that longs are dominant and willing to pay a premium to maintain their positions. It reflects bullish sentiment. Negative Funding Rate: Short position holders pay long position holders. This occurs when the perpetual contract price is trading below the spot price, indicating that shorts are dominant and willing to pay to maintain their positions. It reflects bearish sentiment. Flat or Near-Zero Funding Rate: Suggests a relatively balanced market sentiment between longs and shorts, or that new positions being opened are offsetting each other in terms of bias. In a strong rally, you would typically expect the funding rate to turn positive and potentially increase significantly, as longs become aggressive and dominate the market. The fact that the funding rate remained flat despite the 25% rally and surging open interest is the key anomaly pointed out by Matrixport. Matrixport’s Analysis: The Peculiar Signal According to Matrixport analyst Markus Thielen, the combination of a strong Bitcoin price rally, surging open interest , and a flat funding rate paints an intriguing picture. This setup suggests that while overall market participation is increasing (shown by rising OI), the *bias* of these new positions isn’t overwhelmingly long. Instead, the flat funding rate implies that a significant portion of the newly opened positions are actually short positions. Why would traders open short positions during a rally? Several reasons are possible: Hedging: Traders holding spot Bitcoin might be opening short futures positions to hedge against a potential pullback. Anticipating Resistance: Traders might see the current price level as strong resistance and are betting on a reversal. Arbitrage Strategies: Complex trading strategies might involve simultaneously opening long and short positions across different markets or instruments. Regardless of the exact reason, the implication, according to Matrixport, is that a large amount of capital is being deployed on the short side even as the price rises. This creates a market structure ripe for a potentially large move. Impending Volatility: What Could Happen Next? The scenario described by Matrixport sets up a classic tension in the market. With a significant amount of open interest represented by short positions near a resistance level, two primary outcomes become more likely, each leading to substantial volatility for the Bitcoin price : Scenario 1: The Short Squeeze (Potential Upside) If the Bitcoin price manages to break decisively above the current resistance level, these newly opened short positions will start to incur losses. As losses mount, short sellers may be forced to buy Bitcoin in the market to close their positions and limit their losses. This forced buying pressure, in turn, pushes the price up further, triggering more short sellers to cover, creating a cascading effect known as a ‘short squeeze’. A short squeeze can lead to rapid and aggressive upward price movements, potentially accelerating the existing rally. The large volume of trapped short positions provides significant potential fuel for such a move. Scenario 2: The Pullback (Potential Downside) Alternatively, if the resistance holds and the Bitcoin price fails to break higher, or if negative news or broader market sentiment shifts, the price could start to pull back. In this scenario, the short positions that were opened near the top of the rally would become profitable. As the price declines, these short sellers may add to their positions or simply hold them, reinforcing the downward pressure. A pullback would validate the bearish bets made by these short sellers and could lead to a more significant correction in the crypto market , potentially unwinding some of the recent gains. Matrixport’s analysis, therefore, points not necessarily to a guaranteed direction, but to the high probability of a sharp move occurring soon, as the market resolves the tension between the rising price and the accumulation of short positions. Challenges and Actionable Insights for Bitcoin Trading This market setup presents both opportunities and challenges for those involved in Bitcoin trading and the broader crypto market . Challenges: Uncertainty: Predicting which scenario (short squeeze or pullback) will unfold is impossible. The market could go either way quickly. Speed: Crypto markets, especially during periods of high leverage and open interest, can move very rapidly, making it difficult to react in time. Liquidation Risks: For traders using leverage, being on the wrong side of a large move can lead to swift liquidations. Actionable Insights (Not Financial Advice): Given the potential for increased volatility, traders and investors might consider the following: Risk Management is Crucial: Ensure any positions are appropriately sized relative to your overall portfolio. Avoid excessive leverage. Utilize Stop-Loss Orders: If you have open positions, setting stop-loss orders can help limit potential losses if the market moves against you. Consider Both Scenarios: Have a plan for what you will do if the price breaks significantly higher (e.g., take profit, trail stops) and what you will do if it pulls back sharply (e.g., look for entry points, manage existing positions). Stay Informed: Keep an eye on market news, sentiment, and on-chain data that could influence the next move. Understand Your Strategy: Whether you are a long-term investor or a short-term trader, this period of potential volatility requires adherence to your pre-defined strategy rather than making impulsive decisions. The flat funding rate amidst rising open interest is a contrarian signal during a rally, suggesting that caution and preparedness are warranted for anyone participating in Bitcoin trading . Looking Ahead: What This Means for the Crypto Market Bitcoin’s movements often set the tone for the entire crypto market . A significant move in either direction for Bitcoin price is likely to have ripple effects across altcoins and other digital assets. If a short squeeze occurs, we could see renewed bullish momentum spread throughout the market. Conversely, a sharp pullback in Bitcoin could trigger declines across the board. This period highlights the importance of analyzing not just price charts but also underlying market data like open interest and funding rates to gain a more complete picture of market positioning and potential future moves. Conclusion: Brace for Impact Matrixport’s analysis provides a compelling insight into the current state of the Bitcoin trading landscape. The juxtaposition of a strong rally and surging open interest with a stagnant funding rate suggests that a significant number of traders are betting against the rally at current levels by opening short positions. This creates a volatile environment where the market is poised for a potentially sharp move. Whether this tension is resolved by a powerful short squeeze pushing the Bitcoin price significantly higher or a decisive pullback that validates the short sellers’ bets remains to be seen. What is clear, however, is that the conditions are in place for increased volatility. Traders and investors should exercise caution, prioritize risk management, and stay vigilant as the market navigates this critical phase. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
NFT collectives like Pudgy Pinguins, Remilia, Azuki and Claynosaurz been grinding on, seemingly oblivious to the NFT winter.
The post UK Says No to Bitcoin Reserves, Won’t Follow U.S & EU Footsteps appeared first on Coinpedia Fintech News At a time when countries around the world are shifting towards digital asset strategies, the UK has made it clear, it’s not following the crowd. During the Financial Times Digital Asset Summit in London, Emma Reynolds from the UK Treasury confirmed that the country will not copy the U.S. or the EU when it comes to creating a bitcoin reserve. Let’s dive in detail! No Plans to Hold Bitcoin as a Reserve While the U.S. is thinking about holding Bitcoin as part of its reserves , with a neutral budget strategy, the UK has no plans to do the same. UK Treasury, Reynolds said, “We don’t think that’s right for our market.” Instead of focusing on Bitcoin as a reserve, the UK is exploring new ways to use blockchain. One idea is to issue government debt using blockchain technology. A process is already underway to find a supplier for this, with results expected by late summer. Despite rejecting the U.S. model of holding Bitcoin, the UK still values cooperation with American regulators. Reynolds mentioned a new joint working group between UK and U.S. officials focused on crypto oversight. She said both sides agree that global collaboration is key in this fast-moving space. No Copying the EU’s Crypto Rules Reynolds also made it clear that the UK doesn’t want to copy the EU’s special crypto rules, known as MiCA . Reynolds said the UK has its way of making laws, which is more focused on outcomes rather than strict rules. She explained that the UK plans to treat crypto companies like regular financial firms if they take on the same risks. This means, “Same risk, same rules. Some Crypto Things Are Hard to Control Reynolds also admitted that some parts of crypto, like Bitcoin, are very hard for governments to control because they are fully decentralized. “There’s only so much we can do,” she said. In short, the UK is choosing a balanced and practical way to manage crypto, fitting it into old rules, not creating brand-new ones.
The U.S. Treasury is set to release a pivotal report detailing the framework for establishing a national Strategic Bitcoin Reserve and a broader Digital Asset Stockpile. This initiative stems from President Donald Trump’s executive order signed in March, aiming to position the United States as a global leader in the digital asset space. The report is expected to outline strategies for managing seized digital assets, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), as part of the nation’s financial reserves. BREAKING US Treasury to deliver key report today on building a Strategic Bitcoin Reserve using seized #BTC , and strategic stockpile of $XRP , $ETH , $ADA per Trump’s executive order What do you think — are we going to see $XRP in the official U.S. digital asset… https://t.co/zrj8FJBRHL pic.twitter.com/NHWul7DiJB — 𝕏aif | (@Xaif_Crypto) May 5, 2025 Inclusion of XRP in the U.S. Digital Asset Stockpile President Trump’s executive order explicitly names XRP, along with ETH, SOL, and ADA, as assets to be included in the U.S. Digital Asset Stockpile. This marks a significant shift in governmental approach, recognizing these cryptocurrencies as strategic assets. The inclusion of XRP, in particular, underscores its potential utility in cross-border payments and its growing adoption in the financial sector. Strategic Bitcoin Reserve: Utilizing Seized Assets The Strategic Bitcoin Reserve i s to be capitalized using Bitcoin assets seized through criminal and civil forfeiture proceedings. This approach ensures that the reserve is established without additional taxpayer burden. The reserve aims to solidify Bitcoin’s role as a strategic asset within the U.S. financial system, reflecting a broader acceptance of digital currencies at the federal level. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Implications for the Crypto Market The formal recognition and inclusion of cryptocurrencies like XRP in national reserves could have profound implications for the crypto market. It may lead to increased institutional adoption, greater regulatory clarity, and enhanced legitimacy of digital assets. Investors and market participants are closely watching the Treasury’s forthcoming report for insights into the government’s strategic direction and potential impacts on the broader financial ecosystem. As the U.S. Treasury prepares to unveil its comprehensive plan for the Strategic Bitcoin Reserve and Digital Asset Stockpile, the inclusion of XRP and other altcoins signifies a transformative moment in the integration of digital assets into national financial strategies. This development not only reflects the evolving landscape of digital finance but also positions the United States at the forefront of embracing and institutionalizing cryptocurrency assets. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post U.S. to Deliver Strategic Bitcoin Reserve Report, XRP Poised for Inclusion appeared first on Times Tabloid .