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Bitcoin preps 3% May downside, but US PMI data may boost BTC price

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Bitcoin faced ending May lower by around 3%, with the possibility of US PMI data giving BTC price action a boost next week.

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Coin Market

Strategy’s Michael Saylor teases BTC buy with ‘working better’ tweet

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Strategy could be set to announce it has resumed buying Bitcoin after pausing in recent weeks as the biggest crypto looks poised to close out the month down more than 3.5%.

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Coin Market

Kraken ‘plans’ regulated perp contracts as rivals are quick off the blocks

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In the wake of CFTC approval of perpetual futures contracts tied to the spot price of Bitcoin, Kraken expects to offer those to US institutional clients within “the next month.”

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Coin Market

Bitcoin price targets $78K as BTC holders defend ‘strongest near-term support’

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Bitcoin’s bounce from a key holder cost-basis level has improved the case for further upside, with historical data pointing to $101,000 as a potential best-case target.

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