AltSignals Blog

Bitcoin’s price goes above $100,000, boosting stocks linked to cryptocurrency including Coinbase and Bitcoin miners Mara and Riot. This surge is influenced by President Donald Trump’s announcement of a trade agreement between the U.S. and U.K with optimism for more deals. Bitcoin had previously reached a record high of around $109,000 ahead of Trump’s inauguration due to favourable crypto policies. Today’s rally marks a significant recovery from the low of $76,000 in early April.

Bitcoin lending platform Strike has issued over $10 million in loans within days of its launch. The platform allows Bitcoin holders to use their BTC as collateral for loans, aiming to evolve Bitcoin into a mature investment product. The current lending rates remain high due to the early stage of the Bitcoin lending market, but there is a commitment to reduce rates over time.

Explore the latest market update with CoinDesk Indices, featuring a detailed breakdown of the CoinDesk 20 Index performance. Find out about top performing assets, daily trading trends, and key market leaders and laggards. Uncover informative insights on global trading platforms.

Cryptocurrency mining company, Hut 8, reports a significant increase of 79% in its hashrate for Q1 2025, despite a net loss of $134.3 million due to large-scale investments. CEO Asher Genoot describes this phase of investment as necessary, with ROI expected to become visible in future quarters. The company has also expanded its total energy capacity to 1,020 megawatts, enabling substantial scale-up of operations. Furthermore, launching subsidiary American Bitcoin was a strategic move involving key members from Donald Trump’s family. Also noteworthy is Hut 8’s future plans centred on the development of its utility-scale power portfolio. In relation to the recent financial announcement, the company’s stock is currently trading at $12.66 on Nasdaq.

Solana’s decentralized exchange volume soars to $806.8 billion in 2025, marking a 400% increase from the previous year. This growth coincides with record adoption of the Solana ecosystem, controlling 23% of all DEX volume. The Jupiter exchange continues to dominate DEX volume on Solana, accounting for 55% of all volume.

Explore recent Bitcoin (BTC) chart patterns echoing previous bullish trends, as analyzed by CoinDesk’s Chartered Market Technician, Omkar Godbole. Learn about key indicators like MACD crossovers and the potential of a golden cross setup. Note the cautionary advice about the changeability of market swings due to macroeconomic factors.

A House hearing on cryptocurrency regulation heats up as Democrats, led by Rep. Maxine Waters, walk out in protest, citing concerns over President Donald Trump’s involvement in crypto. The hearing aimed to discuss a new draft legislation that determines the oversight of digital assets between leading financial institutions.

Democratic lawmakers withdraw support for the GENIUS Act, a bill aimed at regulating stablecoins, due to concerns over corruption involving the Trump family’s World Liberty Financial. This comes amidst scandals around questionable cryptocurrency projects tied to President Trump, and speculation of possible political maneuverings behind this shift in attitude. The future of bipartisan crypto laws now appears increasingly uncertain.

Michael Saylor’s company ‘Strategy’, formerly known as MicroStrategy, purchased an additional 1,895 Bitcoin, spending approximately $180.3 million. Semler Scientific also increased its Bitcoin holdings, now accounting for over 2.6% of Bitcoin’s total circulating supply. This underscores increasing corporate adoption of cryptocurrency.