Bernstein Predicts Enterprises Will Purchase $33 Billion in BTC by 2029
According to CoinDesk, Wall Street broker Bernstein predicts that global corporate treasuries will add $33 billion in BTC purchases by the end of 2029. Among this, MicroStrategy is expected to contribute about $12.4 billion, with the remaining $20.5 billion coming from slower-growing small and medium-sized enterprises. The report noted that the US crypto-friendly regulatory environment is driving the corporate trend of holding BTC. Currently, listed companies hold approximately 720,000 BTC, representing 2.4% of the total supply. However, Bernstein also warned that MicroStrategy's model is difficult to replicate comprehensively.
Berachain Ends Boyco Pre-deposit Activity, BERA Rewards Open for Inquiry and Claiming
According to the Berachain Foundation's announcement, its Boyco liquidity pre-deposit activity has officially ended. Users can now redeem pre-deposited assets and check and claim $BERA airdrop rewards through the reward checker on the official website. Non-BERA rewards (such as application tokens) need to be claimed separately from each participating protocol. Rewards for some early pre-deposit vaults (such as StakeStone, EtherFi, etc.) are not displayed in the checker and need to be operated separately on each protocol. The official stated that in the future, they will support one-click investment of Boyco rewards into high-yield strategies within the Berachain ecosystem.
3,422 BTC Untouched for 12 Years Suddenly Transferred, Total Value Reaches $324 Million
According to Ember, a total of 3,422 BTC that had been unused since 2012 were transferred to a new address within the past 3 hours. Tracing shows these BTC were originally extracted from the now-closed early exchange BTC-e, when the Bitcoin price was only $13.5, worth about $46,000. Now, the value has reached $324 million, an increase of 7,018 times.
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According to the official announcement, Binance Launchpool has now launched its 69th project - Space and Time (SXT), a blockchain verified by Microsoft with ZK technology-based data. The website is expected to be updated approximately twelve hours after this announcement, before the event opens. Users can stake BNB, FDUSD, and USDC in the SXT reward pool on the Launchpool website to obtain SXT after May 6, 2025, at 08:00 (UTC+8), with the event lasting a total of 2 days. Binance will list Space and Time (SXT) on May 8, 2025, at 21:00 (UTC+8), and open trading markets for SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, and SXT/TRY, applying seed tag trading rules. Project details: Token Name: Space and Time (SXT) Total Token Supply: 5,000,000,000 SXT Maximum Token Supply: 5,000,000,000 SXT Initial Circulating Supply: 1,400,000,000 SXT (28.00% of total token supply) Launchpool Total: 125,000,000 SXT (2.50% of maximum token supply)
Binance Alpha to List Space and Time (SXT), Trading Opening Date Set for May 8
Binance Alpha announced the listing of Space and Time (SXT), with the trading opening date set for May 8, with specific timing to be announced later. Users meeting the Alpha points threshold will receive an airdrop within 10 minutes after the token's listing, with the points threshold to be disclosed on May 8.
The US Securities and Exchange Commission's (SEC) Crypto Asset Special Working Group has finalized the agenda and guest list for the roundtable to be held on May 12 - "Tokenization: Assets on Chain - The Intersection of Traditional Finance and Decentralized Finance". This roundtable is part of the SEC's crypto asset regulatory series launched in March and will be held at the SEC headquarters from 1 PM to 5:30 PM local time. SEC participants include Chairman Paul S. Atkins, Crypto Working Group Office Director Richard B. Gabbert, Commissioner Hester Peirce, and others. The agenda includes: Financial Evolution: Capital Markets 2.0, The Future of Tokenization. Other participants include Cynthia Lo Bessette (Fidelity), Eun Ah Choi (Nasdaq), Will Geyer (Invesco), Robert Mitchnick (BlackRock), and others.
CZ posted on X platform: "Some former employees who were fired from Binance for insider trading are now claiming to be founders or CXOs years later. Binance has never had any other C-level positions besides CEO, CTO, CMO, CCO, CFO, and COO. The above story is purely fictional, please do not take it seriously."
Goldman Sachs: Fed Unlikely to Cut Rates Based on "Soft Data" Weakness
According to Jin10 report, consumer and business surveys show anxious economic sentiment, but underlying data has not yet shown a severe economic slowdown. Goldman Sachs economists wrote that the Fed is unlikely to ease policy based solely on "soft data", especially since soft data has previously incorrectly signaled an imminent recession, such as during the Fed's fight against inflation in 2022. The Goldman team wrote that the Fed "also wants to see evidence from the labor market and other hard data before cutting rates". Like other Wall Street institutions, they believe the Fed will keep rates unchanged at Wednesday's rate resolution.
Analysis: Traders Focus on Fed Meeting, Key BTC Support Levels at $92,500 and $89,000
According to CoinDesk, under the influence of macroeconomic uncertainty and Fed meeting expectations, Bitcoin dropped below $95,000. Analysts warn that prices may further decline, with key support levels at $92,500 and $89,000. Despite the decline, Bitcoin ETF net inflows still reached $1.81 billion last week, indicating continued investor interest. FxPro's Alex Kuptsikevich noted that the market has returned to the key resistance zone that provided support from December to February, with the next downside targets at $92,500 and $89,000. Falling below $90,000 would cause damage on both technical and psychological levels and break below the 200-day moving average.
Trump Releases TRUMP Dinner Poster, Planned to Attend on May 22
Trump posted a meme coin TRUMP dinner poster on his social platform Truth Social. Previously, TRUMP officially stated that Trump himself will personally attend the dinner on May 22.
Bitfinex Report: Bitcoin Closes April Strongly, Miner Reserves Remain Stable
Bitfinex released the Bitfinex Alpha report, indicating that Bitcoin closed April with a strong 14.08% monthly gain, surpassing its April historical average and reversing the trend after a significant pullback at the beginning of the month. In this rally, Bitcoin rose over 32% from its April low of $74,501 to near $98,000, highlighting the asset's resilience amid macroeconomic volatility and changing risk sentiment. On-chain data supports this view: miner reserves remain stable, and the Puell Multiple indicates low motivation for large-scale miner selling, suggesting market confidence in further Bitcoin appreciation. Although Bitcoin's short-term price movement depends on converting this rebound into sustainable support, structural signals still lean bullish - laying the groundwork for potential cycle continuation after macro environment stabilization.
Semler Scientific Announces Acquisition of 167 Bitcoins, Total Holdings Reach 3,634
Listed company Semler Scientific officially announced the acquisition of 167 Bitcoins for $16.2 million. Year-to-date, the company's Bitcoin returns have reached 22.2%, with total Bitcoin holdings now at 3,634, making it the fourth-largest Bitcoin asset management company in the United States.
Michael Saylor: Strategy's Bitcoin Returns Reach 14% in 2025 to Date
Strategy (formerly MicroStrategy) Board Chairman Michael Saylor posted on X platform that after purchasing 1,895 Bitcoins at approximately $180.3 million, Strategy's total Bitcoin holdings have reached 555,450, with an average purchase price of $68,550. Strategy's Bitcoin returns in 2025 to date have reached 14%.
Strategy Discloses Acquisition of 1,895 Bitcoins
Strategy (formerly MicroStrategy) has acquired 1,895 Bitcoins between April 28 and May 4, with an average purchase price of $95,167 (totaling $180.3 million).
According to CoinShares' latest weekly report, digital asset investment products recorded inflows for the third consecutive week, totaling $2 billion last week. Bitcoin was the largest beneficiary, with inflows of $1.8 billion, followed by Ethereum with total inflows of $149 million.
CZ: Suggested Kyrgyzstan Include BTC and BNB in National Crypto Reserves
CZ posted on X platform that he has suggested including BNB and BTC as the first digital currencies in Kyrgyzstan's national crypto reserves. Previously, CZ announced that he has accepted an invitation from Kyrgyzstan's President Sadyr Japarov to join the Kyrgyzstan National Crypto Committee.
Market News: VanEck Submits S-1 Form for BNB ETF
According to market news: VanEck has submitted the S-1 form for a BNB ETF to the U.S. Securities and Exchange Commission.
Analysis: ETH/BTC Volatility Indicator Tightens, Market Focuses on Ethereum Pectra Upgrade Trend
According to CoinDesk, the Bollinger Bands indicator for the ETH/BTC exchange rate has narrowed to its tightest level since June 2020, indicating that market volatility may be about to increase. Typically, Bollinger Bands contraction usually signals an imminent price breakout that could trigger significant fluctuations. This technical signal appears on the eve of the Ethereum Pectra upgrade scheduled for May 7th. The upgrade aims to improve network scalability and validator operation efficiency, including raising the maximum staking limit for individual validators from 32 ETH to 2048 ETH, and increasing the number of "blob" data units per block from 3 to up to 9. Additionally, Pectra will introduce the EVM Object Format (EOF) to optimize smart contract structure. Analysis firm Nansen points out that the Pectra upgrade will benefit Layer 2 networks the most, further consolidating Ethereum's position as a data availability layer by expanding blob capacity, strengthening its Rollup-centric scaling strategy, with potential benefits for DeFi, Non-Fungible Tokens, and blockchain gaming sectors.
QCP Capital's market analysis indicates that last Friday's macroeconomic data provided a nuanced snapshot of the U.S. economy, with non-farm employment increasing by 177,000, exceeding the expected 133,000, and the unemployment rate remaining stable at 4.2%. However, behind the strong data, economists continue to warn that the full economic impact of recent tariff increases has not yet been revealed, and the market maintains a cautiously optimistic attitude. Meanwhile, the market generally expects the Federal Reserve to maintain interest rates unchanged at this week's policy meeting. Despite recording historic first-quarter losses, Strategy has doubled its financing target to $84 billion, with these losses attributed to the adoption of new digital asset mark-to-market accounting standards. This latest move highlights the company's firm belief in its long-term Bitcoin strategy. Simultaneously, steady inflows into spot Bitcoin ETFs indicate continued institutional demand and reinforce the asset's growing role in diversified investment portfolios.
