7*24

Hot topic

Market

Activities

On April 29, news emerged that the Bitcoin Conference will return to Nashville, Tennessee, USA in 2027. The 2024 Nashville conference attracted 35,000 attendees and featured 444 speakers, with over 1.4 million online viewers. Nashville is a symbolic city for the mainstreaming of Bitcoin, where in 2024, Trump pledged to establish a U.S. Bitcoin strategic reserve. The return in 2027 signifies a renewed focus on the Bitcoin narrative and the compliance process at the core stage.

[Bitcoin Conference to Return to Nashville, USA in 2027]On April 29, news emerged that the Bitcoin Conference will return to Nashville, Tennessee, USA in 2027. The 2024 Nashville conference attracted 35,000 attendees and featured 444 speakers, with over 1.4 million online viewers. Nashville is a symbolic city for the mainstreaming of Bitcoin, where in 2024, Trump pledged to establish a U.S. Bitcoin strategic reserve. The return in 2027 signifies a renewed focus on the Bitcoin narrative and the compliance process at the core stage.

Bitcoin Conference to Return to Nashville, USA in 2027

On April 29, according to the Today Israel newspaper, Israel will accept a 'limited agreement' with Lebanon. (Xinhua News Agency)

[Israel to Accept a 'Limited Agreement' with Lebanon]On April 29, according to the Today Israel newspaper, Israel will accept a 'limited agreement' with Lebanon. (Xinhua News Agency)

Israel to Accept a 'Limited Agreement' with Lebanon

On April 29, according to monitoring by Farside Investors, the US Bitcoin spot ETF saw a net outflow of $89.7 million yesterday, while the US Ethereum spot ETF experienced a net outflow of $21.8 million.

[US Bitcoin and Ethereum Spot ETFs Experience Significant Outflows]On April 29, according to monitoring by Farside Investors, the US Bitcoin spot ETF saw a net outflow of $89.7 million yesterday, while the US Ethereum spot ETF experienced a net outflow of $21.8 million.

US Bitcoin and Ethereum Spot ETFs Experience Significant Outflows

IDEX has fluctuated by 53.85% in the last 24 hours, current price $0.00156

【IDEX fluctuated over 50% in 24 hours!】IDEX has fluctuated by 53.85% in the last 24 hours, current price $0.00156

IDEX fluctuated over 50% in 24 hours!

On April 29, some observers viewed Morgan Stanley's recent foray into the U.S. spot Bitcoin ETF as a catalyst for ending the current crypto bear market, citing the brokerage's vast distribution capabilities through its $8 trillion wealth advisory network. However, Adam Back, CEO of Blockstream and an early contributor to the Bitcoin community, stated that "it won't happen that quickly." Back was recently speculated by The New York Times to be the anonymous Bitcoin founder Satoshi Nakamoto, a claim he denied. Back indicated that, from a positive market signal perspective, the Bitcoin ETF might be the most significant development recently, even more so than a pro-crypto U.S. government, but the process is slower than most realize. He noted, "I think one thing people might be miscalculating is that institutional adoption is very slow. So the ETF has been bought, but when BlackRock suggests allocating 2% to 4% in its general stock portfolio, fund managers haven't done that yet. They will, but slower than people expect." He mentioned that investors will not flood in overnight, and the accumulation process could take a year or even 18 months. Regarding prices, Back stated that the cyclical nature of Bitcoin's four-year halving cycle must be considered. He pointed out that even if some commentators believe the four-year cycle is breaking down, "people expect it to happen, so they sell to make it actually happen," and a decline could still occur. This logic will only change once people see the market strengthen, which is currently manifesting in the form of institutional capital inflows. Back also commented on recent discussions about the accelerated development of quantum computing hardware potentially threatening Bitcoin's cryptography, noting that institutions are more systematic in risk management, focusing on tail risks, while retail investors view it as a distant future risk.

[Adam Back: Institutional Funds are Positioning for Bitcoin, but the Entry Pace is Slower than Market Expectations]On April 29, some observers viewed Morgan Stanley's recent foray into the U.S. spot Bitcoin ETF as a catalyst for ending the current crypto bear market, citing the brokerage's vast distribution capabilities through its $8 trillion wealth advisory network. However, Adam Back, CEO of Blockstream and an early contributor to the Bitcoin community, stated that "it won't happen that quickly." Back was recently speculated by The New York Times to be the anonymous Bitcoin founder Satoshi Nakamoto, a claim he denied. Back indicated that, from a positive market signal perspective, the Bitcoin ETF might be the most significant development recently, even more so than a pro-crypto U.S. government, but the process is slower than most realize. He noted, "I think one thing people might be miscalculating is that institutional adoption is very slow. So the ETF has been bought, but when BlackRock suggests allocating 2% to 4% in its general stock portfolio, fund managers haven't done that yet. They will, but slower than people expect." He mentioned that investors will not flood in overnight, and the accumulation process could take a year or even 18 months. Regarding prices, Back stated that the cyclical nature of Bitcoin's four-year halving cycle must be considered. He pointed out that even if some commentators believe the four-year cycle is breaking down, "people expect it to happen, so they sell to make it actually happen," and a decline could still occur. This logic will only change once people see the market strengthen, which is currently manifesting in the form of institutional capital inflows. Back also commented on recent discussions about the accelerated development of quantum computing hardware potentially threatening Bitcoin's cryptography, noting that institutions are more systematic in risk management, focusing on tail risks, while retail investors view it as a distant future risk.

Adam Back: Institutional Funds are Positioning for Bitcoin, but the Entry Pace is Slower than Market Expectations

On April 29, Michael Saylor, founder of Strategy, stated during a speech at the Bitcoin 2026 conference that digital credit is a killer application for Bitcoin. Every dollar that enters digital credit will flow into digital capital, which will then enter the Bitcoin network. As it flows into the Bitcoin network, the price of Bitcoin is expected to rise. We anticipate that digital credit will drive the scale of the Bitcoin network. The ultimate goal is to provide one billion people with a high-yield digital currency bank account that offers an annual return of 8% to 10%. This aims to push Bitcoin to reach $10 million per coin, making Bitcoin a $200 trillion network, until it evolves to offer everyone in the world an alternative to 20th-century credit tools, zero-yield bank accounts, mediocre junk bonds, private credit, or risky, shaky equity, or any challenging, hard-to-manage, illiquid, immovable real estate investments. These collectively represent the digital transformation of all capital markets. As we like to say in this industry and the Bitcoin community: Fix the currency, fix the world. Digital credit is the next killer application for fixing currency. It will spread Bitcoin across the globe. It will enable Bitcoin to support all stablecoins, all crypto tokens, and all kinds of traditional credit instruments. When the major banks and leading investors in the world start lending some digital credit or providing Bitcoin-driven digital bank accounts, that will be a wonderful day. It is all of you who make this possible, and you inspire me every day. So, thank you. I am grateful to embark on this journey with all of you.

[Michael Saylor: Digital Credit is a Killer Application for Bitcoin]On April 29, Michael Saylor, founder of Strategy, stated during a speech at the Bitcoin 2026 conference that digital credit is a killer application for Bitcoin. Every dollar that enters digital credit will flow into digital capital, which will then enter the Bitcoin network. As it flows into the Bitcoin network, the price of Bitcoin is expected to rise. We anticipate that digital credit will drive the scale of the Bitcoin network. The ultimate goal is to provide one billion people with a high-yield digital currency bank account that offers an annual return of 8% to 10%. This aims to push Bitcoin to reach $10 million per coin, making Bitcoin a $200 trillion network, until it evolves to offer everyone in the world an alternative to 20th-century credit tools, zero-yield bank accounts, mediocre junk bonds, private credit, or risky, shaky equity, or any challenging, hard-to-manage, illiquid, immovable real estate investments. These collectively represent the digital transformation of all capital markets. As we like to say in this industry and the Bitcoin community: Fix the currency, fix the world. Digital credit is the next killer application for fixing currency. It will spread Bitcoin across the globe. It will enable Bitcoin to support all stablecoins, all crypto tokens, and all kinds of traditional credit instruments. When the major banks and leading investors in the world start lending some digital credit or providing Bitcoin-driven digital bank accounts, that will be a wonderful day. It is all of you who make this possible, and you inspire me every day. So, thank you. I am grateful to embark on this journey with all of you.

Michael Saylor: Digital Credit is a Killer Application for Bitcoin

On April 29, the U.S. Senate will vote today to confirm the first Federal Reserve Chair who supports Bitcoin. This position oversees the world's largest central bank and is involved in the cryptocurrency sector. (The Bitcoin Historian)

[U.S. Senate to Vote Today on Confirmation of First Bitcoin-Supporting Federal Reserve Chair]On April 29, the U.S. Senate will vote today to confirm the first Federal Reserve Chair who supports Bitcoin. This position oversees the world's largest central bank and is involved in the cryptocurrency sector. (The Bitcoin Historian)

U.S. Senate to Vote Today on Confirmation of First Bitcoin-Supporting Federal Reserve Chair

On April 29, Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin treasury company Strategy and its perpetual preferred stock STRC are the "single largest factor" behind Bitcoin's recent rebound. Bitcoin has risen 20% since its low in February. Hougan noted that over the past eight weeks, Strategy has increased its Bitcoin holdings by $7.2 billion. He said, "Yes, there are multiple drivers for the recent rally, including strong ETF purchases of $3.8 billion since March 1, and long-term holders re-entering the market. But Strategy has been the single largest factor." Strategy is the largest publicly traded holder of Bitcoin. Between April 20 and April 26, the company purchased 3,273 Bitcoins for $255 million, bringing its total holdings to 818,334 BTC. This latest round of purchases has surpassed the holdings of global asset management giant BlackRock, which holds approximately 812,300 Bitcoins on behalf of its clients. Hougan speculated that Strategy's buying "will continue for quite some time," driven by the issuance of STRC—its perpetual preferred stock that pays a fixed dividend to investors as long as the company continues to operate. He stated, "Most of the capital raised through the issuance of STRC is used to buy BTC in the open market. With junk bond yields below 7% and investors pulling out of private credit, the 11.5% yield of STRC is particularly attractive. I guess Strategy will raise billions more through STRC." Hougan added that at current prices, Strategy could "hypothetically pay existing dividends for 42 years"; if Bitcoin rises 20% annually, it could "pay dividends forever." Alex Thorn, head of research at crypto financial services firm Galaxy Digital, indicated that if Strategy continues at its current pace, its holdings could surpass Satoshi Nakamoto's within the next two years. Strategy still needs to purchase 277,666 Bitcoins to match Nakamoto's holdings.

[Bitwise CIO: Strategy's Continuous Buying is the Main Driver of Bitcoin's Recent Rally]On April 29, Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin treasury company Strategy and its perpetual preferred stock STRC are the "single largest factor" behind Bitcoin's recent rebound. Bitcoin has risen 20% since its low in February. Hougan noted that over the past eight weeks, Strategy has increased its Bitcoin holdings by $7.2 billion. He said, "Yes, there are multiple drivers for the recent rally, including strong ETF purchases of $3.8 billion since March 1, and long-term holders re-entering the market. But Strategy has been the single largest factor." Strategy is the largest publicly traded holder of Bitcoin. Between April 20 and April 26, the company purchased 3,273 Bitcoins for $255 million, bringing its total holdings to 818,334 BTC. This latest round of purchases has surpassed the holdings of global asset management giant BlackRock, which holds approximately 812,300 Bitcoins on behalf of its clients. Hougan speculated that Strategy's buying "will continue for quite some time," driven by the issuance of STRC—its perpetual preferred stock that pays a fixed dividend to investors as long as the company continues to operate. He stated, "Most of the capital raised through the issuance of STRC is used to buy BTC in the open market. With junk bond yields below 7% and investors pulling out of private credit, the 11.5% yield of STRC is particularly attractive. I guess Strategy will raise billions more through STRC." Hougan added that at current prices, Strategy could "hypothetically pay existing dividends for 42 years"; if Bitcoin rises 20% annually, it could "pay dividends forever." Alex Thorn, head of research at crypto financial services firm Galaxy Digital, indicated that if Strategy continues at its current pace, its holdings could surpass Satoshi Nakamoto's within the next two years. Strategy still needs to purchase 277,666 Bitcoins to match Nakamoto's holdings.

Bitwise CIO: Strategy's Continuous Buying is the Main Driver of Bitcoin's Recent Rally

On April 29, TSMC (TSM.N) announced in a company filing that it has sold its remaining shares in Arm (ARM.O). The filing revealed that TSMC Partners sold 1.11 million shares of Arm at a price of $207.65 per share from April 28 to 29, totaling approximately $231 million. This sale had an impact of $174 million on retained earnings. Following the completion of the transaction, TSMC no longer holds any shares in Arm. TSMC had previously invested about $100 million at a price of $51 per share during Arm's initial public offering in 2023, alongside several strategic investors. Subsequently, TSMC gradually reduced its holdings, selling 850,000 shares at a price of $119.47 per share in 2024, cashing out approximately $102 million.

[TSMC Sells Remaining Shares in Arm, Cashing Out Approximately $231 Million]On April 29, TSMC (TSM.N) announced in a company filing that it has sold its remaining shares in Arm (ARM.O). The filing revealed that TSMC Partners sold 1.11 million shares of Arm at a price of $207.65 per share from April 28 to 29, totaling approximately $231 million. This sale had an impact of $174 million on retained earnings. Following the completion of the transaction, TSMC no longer holds any shares in Arm. TSMC had previously invested about $100 million at a price of $51 per share during Arm's initial public offering in 2023, alongside several strategic investors. Subsequently, TSMC gradually reduced its holdings, selling 850,000 shares at a price of $119.47 per share in 2024, cashing out approximately $102 million.

TSMC Sells Remaining Shares in Arm, Cashing Out Approximately $231 Million

On April 28, U.S. Secretary of State Rubio stated that Iran is 'seriously' seeking an agreement with the United States, but any deal must prevent Iran from developing nuclear weapons. 'I believe they genuinely want to get out of their current predicament,' Rubio said. He pointed out that Iran's economic situation is deteriorating, including inflation, difficulties in paying wages, and ongoing sanctions, adding, 'All the issues Iran faced before this conflict still exist, and most have worsened.' He further stated, 'We must ensure that any agreement reached... can completely prevent them from accelerating the development of nuclear weapons at any time.' (Al Jazeera)

[U.S. Secretary of State Rubio: Iran is 'Very Serious' About Reaching an Agreement]On April 28, U.S. Secretary of State Rubio stated that Iran is 'seriously' seeking an agreement with the United States, but any deal must prevent Iran from developing nuclear weapons. 'I believe they genuinely want to get out of their current predicament,' Rubio said. He pointed out that Iran's economic situation is deteriorating, including inflation, difficulties in paying wages, and ongoing sanctions, adding, 'All the issues Iran faced before this conflict still exist, and most have worsened.' He further stated, 'We must ensure that any agreement reached... can completely prevent them from accelerating the development of nuclear weapons at any time.' (Al Jazeera)

U.S. Secretary of State Rubio: Iran is 'Very Serious' About Reaching an Agreement

Ethereum's Meme Season Is Back

Exploring Bitcoin Valuation in 2026 from Macro and On-Chain Structural Perspectives

Iran Opens Fire on an Oil Tanker That Paid Bitcoin Transit Fees to Scammers

The Bitcoin Vector #52

The Altcoin Vector #51

"Form Over Substance" Fed Hearing: Warsh Avoids Interest Rates, But Offers Reassurance for Crypto

Warsh Hearing Concludes: What Are the Notable Signals for the Crypto Industry?

Clarity Act Reaches Critical Juncture: The U.S. Crypto Regulatory Crossroads

Exchange Exposure Could Push Ozak AI’s Daily Volume Beyond $500 Million Within the First Trading Month

Liquidity Forecasts Show Ozak AI Reaching a $1.5 Billion Fully Diluted Valuation Soon After Launch

Article

Core Scientific Bets on AI: Transforming 300MW Bitcoin Mine into AI Data Center with Expansion Goal of 1.5GW

U.S. Secretary of State Rubio: Iran is 'Very Serious' About Reaching an Agreement

Clause de non-responsabilité：Le contenu ci-dessus ne représente pas les positions de HTX.，HTX ne fournit pas de recommandations de trading.。

Tous les commentaires0RécentPopulaire

Sujets d'actualité