bitcoin

According to Arkham monitoring, the Bitcoin holding address of the Kingdom of Bhutan has transferred BTC again, moving 102 BTC to a certain address about three hours ago, worth approximately 7.89 million USD. Currently, that address holds a total of 184 BTC transferred from the Kingdom of Bhutan.

According to Coinglass data, despite the recent downward trend of Bitcoin, as April is coming to an end, the monthly return of Bitcoin is expected to set a record for the highest single-month return in nearly 12 months. Currently, the Bitcoin return stands at 13.84%, slightly above the historical average return of 13.12%, and higher than the historical median return of 10.05%.In addition, the current Ethereum return is 10.97%, below the historical average return of 19.16%.

According to The Block, Ales Michl, the Governor of the Czech National Bank, delivered a keynote speech at the Bitcoin 2026 conference in Las Vegas, publicly advocating for the inclusion of Bitcoin in the central bank's reserve portfolio. Michl stated that the bank manages approximately $180 billion in reserves, and internal research shows that allocating just 1% of assets to Bitcoin could enhance overall expected returns with minimal change in risk, due to Bitcoin's low correlation with other reserve assets.The Czech National Bank had previously completed its first test purchase of Bitcoin in November 2025, becoming the world's first central bank to acquire Bitcoin.

According to CryptoQuant analyst Woominkyu, Bitcoin CEX net inflows surged to 9,905 BTC, setting a record for the largest single-day net inflow in the past 30 days, which has also led to Bitcoin's price consistently failing to effectively break through resistance levels.Woominkyu stated that the most concerning signal is the CEX Whale Ratio, which soared to 0.707 on April 27, the highest reading in over a week. This indicates that the top 10 inflow transactions accounted for more than 70% of all deposits—clearly showing that large holders are actively transferring tokens to CEX, likely preparing for distribution.Woominkyu believes that the combination of the surge in inflows dominated by whales and the increase in CEX reserves suggests that smart money is preparing to sell at a high. Unless this portion of inflow is quickly absorbed, the likelihood of retesting the $74,000 to $75,000 support zone in the short term is significantly increasing.

QCP released a market observation stating that as geopolitical benefits fade, macro uncertainty is once again dominating market sentiment, leading both traditional markets and the crypto market to adopt a cautious wait-and-see approach. The report points out that the Federal Reserve's interest rate meeting and Powell's statements may become key variables in the short term; if hawkish signals are released, it could put pressure on liquidity-driven assets.QCP also noted that Bitcoin has maintained a range-bound fluctuation after rising in April, with current positions being light and volatility compressed, reflecting that the market as a whole is in a stage of waiting for directional choice.

Famous trader and chart analyst Peter Brandt, who successfully predicted the Bitcoin crash in 2018, released a chart yesterday indicating that Bitcoin enthusiasts should abandon the idea of the price soaring to $250,000 this year.Brandt believes that the current BTC trend is a channel pattern, rather than a bullish bottom reversal pattern. This pattern does not rule out further increases, but it lacks strong bottom signals.

Despite the recent decline in Bitcoin, the monthly return rate for Bitcoin this month is expected to set a record for the highest single-month return in nearly 12 months. According to the latest data from Coinglass, the current Bitcoin return rate is 12.68%, slightly below the historical average return rate of 13.04%, and above the historical median return rate of 9.97%.Additionally, the current Ethereum return rate is 9.91%, below the historical average return rate of 19.06%.

Strategy founder Michael Saylor stated during his speech at the Bitcoin 2026 conference that the goal is to push the price of Bitcoin up to 10 million dollars per coin and make it a 200 trillion dollar value network.

Trump has asked aides to prepare for an extended U.S. Navy blockade of the Strait of Hormuz, causing Brent crude oil prices to surpass $111 per barrel, while Bitcoin remains within a narrow fluctuation range. Trump stated on Tuesday that Iran is in a "state of collapse." Tehran has indicated that it may accept a temporary agreement to reopen the strait if Washington lifts the blockade on Iranian ports.Zaheer Ebtikar, founder of Split Research, stated in a report that Bitcoin's relative calm reflects a change in market structure. He said, "The oversupply has finally been digested, and the panic sellers driven by macro shifts or quantum concerns have long exited, making the selling power in the market significantly weaker than it was a few months ago." Ebtikar added, "Bitcoin's sensitivity to regulatory noise or central bank policies is far lower than people imagine. Its sensitivity is purely a function of broader volatility, and since we are currently in a relatively calm trading range, there is no immediate urgency to exit."Bitget analysts marked $75,000 as a key level that has maintained an upward range since the end of March; if effectively broken down, it could open space for further declines. A rebound from current levels back to $80,000 would maintain the integrity of the rebound structure and pave the way for a retest of the resistance level that has consistently rejected Bitcoin's attempts to rise since February.

Bitcoin mining machine manufacturer Canaan (NASDAQ: CAN) announced on Tuesday that it has received a new batch of custom Bitcoin mining hardware orders from Tether, which will supply high-density computing board modules designed specifically for immersion cooling systems, planned for deployment at Tether's affiliated facilities in South America.This collaboration continues the research and development partnership established in 2025 with ACME Swisstech, which has produced a proof-of-concept platform to enhance mining efficiency and scalability. Tether is simultaneously developing its own control boards and management software, indicating its push for deep integration of mining hardware and software. The agreement includes additional purchase options, allowing Tether flexibility in expanding its infrastructure.The day before this announcement, Tether had just launched an open-source mining framework, further expanding its Bitcoin mining infrastructure layout. Canaan is a publicly listed company in Singapore and currently holds 1,808 BTC, valued at approximately $137 million, marking its highest historical holding level.

Some observers view Morgan Stanley's entry into the U.S. spot Bitcoin ETF earlier this month as a catalyst to end the current crypto bear market, citing the large distribution capability of the Wall Street giant's $8 trillion wealth advisory network. However, Blockstream CEO and early Bitcoin community contributor Adam Back stated that "it won't happen that quickly."Back was recently speculated by The New York Times to be the anonymous Bitcoin creator Satoshi Nakamoto, which he denied. Back indicated that from a positive market signal perspective, the Bitcoin ETF could be the most significant development in recent times, even more important than a pro-crypto U.S. government, but this process is slower than most people realize.Back stated, "I think one thing people might be miscalculating is that institutional adoption is very slow. So the ETF has been bought, but when BlackRock suggested allocating 2% to 4% in its general stock portfolio, fund managers had not done that yet. They will, but slower than people expect." He mentioned that investors will not rush in overnight, and the accumulation process could take a year or even 18 months.Regarding prices, Back noted that the cyclical nature of Bitcoin's four-year halving cycle needs to 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 when people see the market strengthen, which is currently manifesting in the form of institutional capital inflows.Back stated that regarding recent comments about the accelerated development of quantum computing hardware potentially threatening Bitcoin's cryptography, institutions are more systematic in risk management and will focus on tail risks, while retail investors view it as a distant future risk.

According to SoSoValue data, yesterday (Eastern Time April 28), the total net outflow of Bitcoin spot ETFs was $89.6754 million.The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Ark Invest and 21Shares ETF ARKB, with a single-day net inflow of $41.2021 million. Currently, ARKB's historical total net inflow has reached $1.608 billion.The Bitcoin spot ETF with the highest single-day net outflow yesterday was the Blackrock ETF IBIT, with a single-day net outflow of $11.2 million. Currently, IBIT's historical total net inflow has reached $78.118 million.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $100.39 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.56%, and the historical cumulative net inflow has reached $58.211 billion.

Bitwise Chief Investment Officer Matt Hougan stated that the core driver behind Bitcoin's recent 20% rise is the Strategy company under Michael Saylor. According to monitoring, Strategy has increased its Bitcoin holdings by $7.2 billion over the past eight weeks. Although Bitcoin ETFs have purchased $380 million since March 1 and long-term holders have resumed buying, Strategy remains the largest influencing factor. As of now, Strategy holds a total of 818,334 Bitcoins, surpassing BlackRock's holdings.Hougan pointed out that Strategy is raising funds to purchase Bitcoin by issuing perpetual preferred stock STRC, and if Bitcoin continues to grow, its holdings are expected to exceed Satoshi Nakamoto's within two years. The current price of Bitcoin is approximately $76,486.

The Bitcoin lending protocol Tropykus announced the gradual shutdown process of the current version of the protocol. The deposit and lending functions will be permanently disabled, and users can perform withdrawal and repayment operations until the deadline of July 27, 2026. After this date, related operations will only support direct interaction with the smart contract.The official statement indicated that this shutdown decision is based on considerations of long-term strategic evolution. In the face of security challenges posed by emerging technologies such as artificial intelligence, the existing architecture can no longer meet long-term development needs. The team recommends that all users complete withdrawals and settle their lending positions before the deadline.

After the death of ASOS co-founder Quentin Griffiths in a fall in Thailand, approximately $4 million in assets from his Bitcoin wallet were transferred out. The funds were moved to an unknown location through three separate transactions from his online account within days of Quentin Griffiths' death.His eldest son Joel reported to the police six weeks after his father's death. The Thai police are currently investigating the case of asset theft. Previously, Quentin Griffiths was under investigation for fraud and faced multiple legal lawsuits and family property disputes before and after his fall.

According to Bitcoin Magazine, former PayPal president and Lightspark CEO David Marcus announced the launch of a new type of Bitcoin wallet that supports AI agents to purchase BTC and conduct fund transfers.

Eric Trump, the second son of Trump, responded to Forbes' criticism of his significant arbitrage through the Bitcoin business, which harms MAGA investors. Eric stated that Forbes has become a disgrace in the journalism industry. Just over a year ago, his Bitcoin company American Bitcoin (ABTC) did not exist. 7 months and 25 days ago, ABTC was listed on Nasdaq, and today it holds over 7,000 Bitcoins, becoming the 16th largest publicly traded Bitcoin company in the world, backed by a massive cluster of nearly 90,000 mining machines and a computing power of 28 EH/s, using the highest quality energy in the United States.In just the fourth quarter, the Bitcoin on the balance sheet increased by 58%, with mining costs 53% lower than the market price of Bitcoin, and fourth-quarter revenue reached $78.3 million, a quarter-over-quarter increase of 22%. American Bitcoin can be said to be the company that has entered the "top 100" ranking in this field at the fastest speed, and it is actively expanding its mining scale every day. This narrative is strikingly similar to Forbes' rhetoric from years ago.According to previous reports from ChainCatcher, Forbes published an article criticizing Eric Trump's Bitcoin business as a disaster, pointing out that Eric Trump promotes his Bitcoin company American Bitcoin (ABTC) as a money printer, but in reality, it is just an arbitrage tool specifically designed to exploit those investors who support MAGA (Make America Great Again).

Forbes published an article criticizing Eric Trump's Bitcoin business as a disaster, pointing out that Eric Trump promotes his Bitcoin company American Bitcoin (ABTC) as a money printer, but in reality, it is just an arbitrage tool designed to exploit investors who support MAGA (Make America Great Again). American Bitcoin was established in 2025 and quickly went public on NASDAQ, leveraging the Trump family brand and the Bitcoin craze to push its valuation to $13.2 billion.Eric Trump vigorously promoted the company as the "leader in the Bitcoin world" during the earnings call, but the actual company has only a few full-time employees and mainly relies on story marketing rather than solid operations. The company continuously sells overvalued stock to buy Bitcoin, while Eric has almost no investment, yet has increased his personal wealth from about $190 million to $280 million, with other insiders also profiting significantly.Meanwhile, ordinary investors, especially MAGA supporters, have suffered heavy losses. Over the past eight months, American Bitcoin's stock has dropped about 92% from its peak, resulting in cumulative losses of about $500 million for investors. Forbes questions the actual profitability of American Bitcoin's Bitcoin mining business, believing that its advertised "half-price mining" is difficult to achieve and is more about using the Trump brand for high-priced stock dumping.

Despite the recent rise in Bitcoin, investors are increasing their bets on its price decline. CEX.IO data shows that short sellers are paying an interest rate of about 11% to maintain their short positions, which once rose to 19%, the highest level since the beginning of 2023. At the same time, Bitcoin is experiencing one of the largest accumulation phases in history. Strong buying pressure and rising short bets indicate that the market may experience significant price volatility, and one side may be "squeezed" or face a reverse impact. Currently, Bitcoin is down 1.6%, trading at $75,754.