Category: Ethereum price

Strive, Inc. (ASST), the publicly traded Bitcoin treasury and asset management company, announced Monday that it plans to dramatically upsize its at-the-market (ATM) capital programs by a combined $4.2 billion — adding $2.1 billion each to its Class A common stock (ASST) and Variable Rate Series A Perpetual Preferred Stock (SATA) programs — in what could be one of the most aggressive Bitcoin accumulation moves by any public company this year.

CEO Matt Cole confirmed the plans in a post on X, stating: “Strive expects to increase the size of both the $ASST and $SATA ATM programs by $2.1 billion each, reflecting a sustained increase in liquidity and demand for both securities.”

Cole added that a balance sheet update would be provided before market open on Tuesday.

If completed, the expansion would bring Strive’s Class A common stock ATM capacity to $2.55 billion and its SATA preferred stock capacity to $2.6 billion — a staggering scale-up from the $500 million SATA ATM program Strive originally launched in December 2025.

The announcement comes on the heels of a record-shattering week for the company. In the seven days ending May 24, 2026, Strive raised enough capital to acquire approximately 2,624 Bitcoin — more than double its previous weekly purchase record of 371 BTC — deploying over $194 million in SATA proceeds alone.

On one historic day during that stretch, the company’s SATA instrument absorbed an estimated 453 BTC in a single session, representing approximately 101% of the entire Bitcoin mining supply for that day — what market observers called the first “full-supply absorption event” in months.

Strive is a bitcoin treasury
As of late May 2026, Strive holds approximately 16,500 BTC on its balance sheet, valued at roughly $1.27 billion, placing the firm seventh among publicly listed companies holding Bitcoin globally.

The company has added over 3,700 BTC to its treasury since January 2026, building on its acquisition of Semler Scientific, which jump-started its Bitcoin accumulation strategy.

Strive’s ATM model — which issues shares directly into the open market and converts proceeds to Bitcoin in near real-time — mirrors the structure pioneered by Strategy, though Strive has distinguished itself by funding accumulation exclusively through perpetual preferred equity rather than convertible debt.

The expansion remains subject to the completion of amended prospectus filings and related corporate approvals.

The company’s shares have surged more than 133% over the past three months as the company’s Bitcoin treasury model continues to attract institutional and retail demand.

Filmmaker Eugene Jarecki and tech entrepreneur Jack Dorsey took the stage Wednesday to discuss The Six Billion Dollar Man, Jarecki’s documentary on Julian Assange, and the role the bitcoin community may play in getting it to the public — a conversation that stretched from censorship and surveillance to Satoshi Nakamoto and the original principles of the internet.

Dorsey joined the panel virtually. The setting itself carried weight: Jarecki told the crowd that the casino sitting close to where he stood had ties to the private security firm that spied on Assange while he lived inside London’s Ecuadorian Embassy — a revelation the documentary places at the center of its surveillance narrative.

Dorsey: Bitcoin embodies a gatekeeper-free, open network
Jarecki said he went to Dorsey first for money. He needed help distributing a film that, despite premiering at Cannes and earning recognition on the festival circuit, found no takers among major streaming platforms. Dorsey shifted the conversation.

Rather than write a check, he told Jarecki that the bitcoin community represented something larger than a funding source — a constituency built around the same principles Assange had fought to defend.

“Bitcoin is an open protocol for money transmission,” Dorsey said. “It routes around the gatekeepers — Visa, Mastercard, the banks.”

He described the community as one that views Assange as a hero, someone who stood for the idea that information should remain free and open, values he traced back to the founding culture of the internet itself.

Dorsey pointed to 2011 as a proof of concept. After financial institutions cut off WikiLeaks from donation channels under pressure from the U.S. government, bitcoin stepped in as the only payment rail that could not be blocked.

He called WikiLeaks adopting bitcoin out of necessity one of the most significant moments in the protocol’s early history — not because it was planned, but because it revealed an immediate, real-world use case under conditions of state pressure.

He then drew a line between Assange and Satoshi Nakamoto, the pseudonymous creator of bitcoin. Dorsey said what matters most about bitcoin is that its founder walked away. He called that exit a selfless act — one that made the network founderless, and therefore resistant to the kind of pressure that governments and institutions can apply when a single person stands at the center of a project.

He placed Assange and Edward Snowden in the same category: people who trusted the technology they used, put their lives at risk for principles larger than themselves, and paid for it.

Jarecki said making the film carried its own risks. While shooting in Russia, he said his crew felt they were being followed and monitored — a layer of pressure that shaped the production from the inside. He described the mutual regard between Assange and Snowden, two figures who understood each other’s positions with precision, as one of the documentary’s most striking undercurrents.

A pay-per-view watch party in less than 60 days
The film’s distribution model is the most unusual element of the project. Dorsey proposed a global private pay-per-view watch party as an alternative to the traditional release pipeline.

Ticket buyers at thesixbilliondollarman.com receive a credit line on the film itself, turning the audience into participants in the project rather than passive consumers.

Jarecki framed it as a test of whether a community organized around open financial infrastructure could do what media gatekeepers would not — get a film about press freedom in front of the people who need to see it.

Dorsey said the website and the viewing model offer a way to crowdfund and bring the community together around a shared cause.

At the panel, Jarecki showed never-before-seen clips from the documentary — behind-the-scenes footage that gave the audience a direct look at material that has not circulated publicly.

Jarecki and Dorsey are betting that the bitcoin community, which absorbed that argument in 2011 when it mattered most, will carry the film where the streaming industry declined to go.

 

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ne of the biggest decisions every trader faces is choosing between long-term and short-term trading. Many beginners jump into short-term trading because it looks exciting and fast, while others prefer holding positions for weeks or months. In crypto and forex, both approaches can work—but only if they match the trader’s mindset, skills, and expectations.

What Is Short-Term Trading?

Short-term trading includes scalping, day trading, and sometimes short swing trades. Traders focus on small price movements and aim to profit from frequent trades. In crypto, this might mean trading Bitcoin or altcoins on lower timeframes. In forex, it often involves major pairs during active trading sessions.

The appeal of short-term trading is obvious. Results come quickly, and traders feel constantly engaged with the market. However, this approach requires strong discipline, fast decision-making, and emotional control. Mistakes are costly because frequent trading increases exposure to risk and psychological pressure.

Professional short-term traders rely heavily on execution quality. Entries, exits, and risk management must be precise. There is little room for hesitation or emotional reactions.

The Reality of Long-Term Trading

Long-term trading, often referred to as position or investment-style trading, focuses on capturing larger market moves over time. In crypto, this may involve holding Bitcoin or strong projects through market cycles. In forex, long-term traders may hold positions based on macroeconomic trends and interest rate differences.

This approach is often calmer and less stressful. Traders do not need to monitor charts constantly, and decisions are made with a broader perspective. However, long-term trading requires patience and confidence in analysis. Drawdowns can last longer, and emotional discipline is still essential.

Long-term traders focus more on market structure, cycles, and fundamentals rather than short-term noise.

Time Commitment and Lifestyle Fit

One major factor often ignored is lifestyle. Short-term trading demands time and attention. Traders must be present during key market hours and actively manage positions. This can be challenging for those with full-time jobs or other commitments.

Long-term trading is more flexible. Traders can analyze markets during off-hours and make decisions without constant monitoring. For many, this approach fits better into a balanced lifestyle.

Choosing the wrong style for your lifestyle often leads to frustration and poor results.

Risk and Psychological Pressure

Short-term trading involves more trades, which means more exposure to emotional swings. Fear, greed, and overconfidence can appear multiple times in a single day. This psychological pressure is one of the main reasons many short-term traders burn out.

Long-term trading reduces decision frequency but increases patience requirements. Watching price move against a position for days or weeks can be mentally challenging.

Neither approach is easier psychologically; they simply test different aspects of discipline.

Market Conditions Matter

Not all markets favor the same style. Strong trending markets are ideal for long-term traders, especially in crypto bull cycles. Ranging or choppy markets often favor short-term traders who can take advantage of smaller moves.

Professional traders adapt. Some combine both approaches by holding a long-term position while trading short-term setups in the same market. This requires experience but can be effective when done correctly.

The Myth of “Faster Is Better”

Many beginners believe short-term trading is the fastest way to make money. In reality, it is often the fastest way to lose it. Speed does not equal skill. Consistency comes from understanding probabilities and managing risk, not from trading more frequently.

Long-term trading may appear slow, but it allows traders to align with major market forces rather than fight short-term randomness.

Choosing the Right Approach for You

The best trading style is the one you can execute consistently. Ask yourself:

• How much time can I dedicate to trading?

• How well do I handle stress?

• Do I prefer fast decisions or deep analysis?

There is no “better” approach—only a better fit.

Final Thoughts

Long-term and short-term trading can both be profitable in crypto and forex. Success depends not on the timeframe, but on discipline, risk management, and self-awareness.

The market does not care how fast you trade. It rewards those who trade with clarity, patience, and consistency.

Another 12 people have been charged over a massive crypto theft ring, which at one point stole 4,100 Bitcoin from a single person.

Another 12 people have been charged for their involvement in a $263 million crypto crime spree that stole 4,100 Bitcoin from a Genesis creditor last August, along with a string of break-ins and money laundering.

The 12 new names, included in a superseding indictment, add to charges originally brought against the main defendant in the case, Malone Lam, on Sept. 19, 2024, the Department of Justice noted in a May 15 statement.

Jeandiel Serrano was named a defendant in the initial indictment but was not included in the superseding one.

The DOJ said several defendants have been arrested, while two others are believed to be living in Dubai.

Many of the suspects, with aliases like “Goth Ferrrari” and “The Accountant,” come from California, mostly aged between 18 and 22.

The group allegedly began operating in October 2023, evolving from friends while playing online games to what the DOJ describes as participating in a “cyber-enabled racketeering conspiracy.”

Hacking, burglarizing and laundering
The DOJ said group members were tasked with everything from hacking databases, cold calling crypto holders to conduct social engineering attacks to even burglarizing houses to steal crypto hardware wallets.

Others were involved in laundering the stolen proceeds, which the DOJ claimed amounted to $263 million.

Over $230 million resulted from a single instance on Aug. 18, 2024, when Lam fraudulently obtained over 4,100 Bitcoin
BTC
$102,607
from a victim.

The DOJ said Lam also hacked into another victim’s iCloud account to watch their movements, while defendant Marlon Ferro would break into their house to steal crypto hardware wallets.

Virtual private networks, crypto mixer protocols and exchanges using “peel chains” were used to make it harder to trace the illicit activity, the DOJ said.

A peel chain is a money laundering tactic where crypto is transferred through a series of wallets, with small amounts of funds “peeled off” at each step.

They have been charged with RICO (Racketeer Influenced and Corrupt Organizations) as well as offenses involving wire fraud and money laundering.

Gone in 60 seconds
Members of the crypto theft ring allegedly used proceeds to pay for nightclub services — costing up to $500,000 on some nights — 28 exotic cars as expensive as $3.8 million, in addition to luxury handbags, watches, and clothing.

Homes and jets were even rented out with fake identity documents to fund their lavish lifestyles, the DOJ noted.

Bitcoin overtaking the US dollar is “an actual truth to grapple with,” says a crypto analyst.

The lingering fears triggered by US President Donald Trump’s sweeping global tariffs have analysts increasingly convinced that Bitcoin is now more likely than ever to challenge the US dollar in the years ahead.

“Higher chance Bitcoin survives over the dollar in our lifetime after today,” Bitwise Invest head of alpha strategies Jeff Parks said in an April 9 X post.

Investors will be left with no other option but Bitcoin, says crypto exec
“First time the thought hit me and didn’t feel like theory but an actual truth to grapple with,” Parks added.

Bitwise CEO Hunter Horsley shared a similar view, noting that with trust in the US dollar waning and other foreign currencies seen as “even weaker,” investors are left with fewer choices.

He argued that gold, typically seen as a safe harbor amid uncertainty, also has drawbacks around shipping and storage and implied that Bitcoin may be the only option left. “You wind up buying Bitcoin,” Horsley said.

The US Dollar Index — which tracks its strength against a basket of major currencies — is trading at 102.193, down 5.84% since Jan. 1, according to TradingView.

However, Wall Street analysts were mistaken in thinking that the tariffs would bolster the US dollar, according to a recent Wall Street Journal report.

On April 2, Trump signed an executive order establishing a 10% baseline tariff on all imports from all countries, which took effect on April 5. Harsher reciprocal tariffs on trading partners with which the US has the largest trade deficits then kicked in on April 9.

Uncertainty around the tariffs and fears of a broader recession have been major catalysts for a wide traditional and crypto market decline.

Bitcoin
BTC
$84,282
is trading at $76,301, down 18.37% since Jan. 1, according to CoinMarketCap data.

Bitcoin author Saifedean Ammous said in an April 8 X post that America’s issue isn’t with one specific country’s deficit but with aggregate deficits worldwide due to having a “fiat money printer.”

“An ever-increasing number of Americans can live off the money printer as long as the rest of the world is using the dollar,” Ammous said.

He argued that the real solution is to stop printing “fake money” and move to a hard store of value, naming Bitcoin or gold as examples.

“Another way to solve this problem would be for the world to move to a hard money standard and stop using America’s shitcoin, and give Trump the trade surpluses he thinks he wants.”

Bitcoin fails to deliver this quarter as gold outperforms and US trade tariffs keep BTC price upside firmly off the menu as crypto traders brace for impact.

Bitcoin
BTC
$83,523
limps into the end of Q1 on 13% losses as fresh macroeconomic volatility looms.

BTC price action risks a fresh dip below $80,000 as new US trade tariffs weigh on risk-asset sentiment.

Crypto traders’ tariff woes focus on April 2, dubbed “Liberation Day” by US President Donald Trump, while gold heads higher.

Despite the doom and gloom, Bitcoin has had a relatively mild March, while Q1 threatens to be its worst in seven years.

Profitability currently points the way to a bull market drawdown with no realistic bottom in sight.

The Coinbase Premium puts up a fight amid the price dip, suggesting that panic sellers have already exited.

BTC price: “Bearish engulfing” sets the tone
Bitcoin traders are on edge this week as US trade tariffs follow the monthly and quarterly candle closes.

A recipe for risk-asset volatility has many market participants bracing for the worst as BTC price action edges increasingly close to $80,000.

The lowest levels in two weeks at about $81,200 accompanied the March 30 weekly close, data from Cointelegraph Markets Pro and TradingView confirmed.

“In LTF, the first noticeable thing is this new wick to the downside,” trader CrypNuevo responded on X.

The picture on longer timeframes, per trading resource Barchart, is no better unless the risk-asset landscape improves.

Bitcoin and US stocks are headed for so-called “death crosses,” it warned prior to the Wall Street open, as short-term losses catch up to the broader uptrend.

“What if price action is red heading into those Death Crosses with the actual Crosses marking the bottom like we’ve seen many times before?” Barchart queried.

A look at exchange order book data from monitoring resource CoinGlass meanwhile shows bid and ask liquidity clustered tightly around price.

Continuing, CrypNuevo paid particular attention to the 50-day and 50-week exponential moving averages (EMAs).

“Seeing some compression between the 1W50EMA and 1D50EMA which always leads to an aggressive move,” he observed.

“It might take a bit more time based on previous cases. It’s also quite common seeing multiple and consecutives retests of this bull market support.”

D-Day for US tariffs precedes jobs data onslaught
US employment data and Federal Reserve officials are among the key events on the radar for risk-asset traders this week.

Job openings, jobless claims and nonfarm payrolls are all due, with the first round of numbers released on April 2.

This may be overshadowed by the start of new US trade tariffs set to begin on the same day. As Cointelegraph continues to report,

crypto remains highly sensitive to tariff news, with Trump giving mixed messages as to which measures will ultimately come into force.

In a dedicated X thread on the topic, trading resource The Kobeissi Letter noted that tariffs may impact about $1.5 trillion worth of US imports by the end of the month.

“President Trump has been discussing this Wednesday, April 2nd, for weeks. This is a day that he has named ‘Liberation Day’ where widespread new tariffs are coming,” it wrote.

“We believe April 2nd will be the biggest escalation of the trade war to date. Markets are in for a wild week.”

Kobeissi pointed to unusually high levels of market uncertainty, as represented by the Economic Policy Uncertainty Index.

With many a surprise to come, market commentators are not the only ones in “wait and see” mode.

April 4 will see Fed Chair Powell take to the stage with a speech on the economic outlook at the Society for Advancing Business Editing and Writing (SABEW) Annual Conference in Arlington, Virginia.

Earlier this month, Powell said that while it was not easy to pin inflation pressures on tariffs, he was in no hurry to lower interest rates — the key move awaited by risk-asset traders.

The latest estimates from CME Group’s FedWatch Tool continue to favor the Fed’s June meeting as the date of the next rate cut.

Bitcoin rounds off a limp Q1
As both the monthly and quarterly candles prepare to close, Bitcoin is looking at a distinctly uninspiring mid-term performance.

Data from CoinGlass shows BTC/USD down 12.7% in Q1 at the time of writing, making it the worst first quarter of the year since 2018.

The cryptocurrency market is up today, in what appears to be calm before a storm as markets await Trump’s tariffs to kick in.

The cryptocurrency market is up today, with the total market capitalization rising by approximately 3.8% in the last 24 hours to reach $2.73 trillion on April 2. The gains were led by Bitcoin
BTC
$83,501
and Ether
ETH
$1,811
, which have risen around 3% and 5%, respectively.

let’s look at the top catalysts driving the crypto market rebound today.

Markets take “deep breath” ahead of Trump’s “liberation day”
The crypto market’s recovery today aligns closely with similar rebounds in the US stock market, ahead of Trump’s “liberation day,” with Bitcoin leading the market higher.

What you should know:

Dubbed by President Donald Trump as a pivotal moment for US trade policy, the “Liberation Day” on April 2 promises the announcement of reciprocal tariffs aimed at rebalancing global trade.

Recent weeks have seen cryptocurrencies retreat amid fears of a tariff-induced economic slowdown, with Bitcoin dropping nearly 23% from its all-time high due to macroeconomic uncertainty.

However, today’s gains suggest a possible shift in sentiment, with market analysts viewing it as a moment of calm before the storm.

This has spurred a risk-on sentiment, with Bitcoin climbing back above $84,000 and Ether edging above $1,800.

This suggests that investors are positioning themselves ahead of tomorrow’s potentially market-moving news.

Dogecoin
DOGE
$0.163
and Cardano
ADA
$0.6481
rose over 6%, while XRP
XRP
$2.04
, Solana
SOL
$117.97
and BNB
BNB
$598.50
were up nearly 3.5%.

Looks like global market sentiment is taking a “take a deep breath” approach in the countdown to Donald Trump’s “Liberation Day” tariff announcement, said Reuters’ Kevin Buckland in a Morning Bid newsletter.

“Nothing has really changed: We still are no wiser as to what Trump is set to announce on Wednesday,” Buckland continued, adding:

“Any expectations that there might be room for trade partners to negotiate apparently came undone with the US president’s statement

late on Sunday that essentially every country will be slapped with reciprocal levies.”
Commenting on this trading firm, QCP Capital said that a “broad and aggressive regime could deepen recession fears and send risk assets spiraling.”

QCP Capital added:

“That said, political theatre often leaves room for recalibration. A softer-than-expected rollout could offer markets a brief reprieve.”

Crypto investment funds flows remain positive
The crypto market’s ongoing correction aligns with significant inflows into crypto investment products.

Key takeaways:

Digital asset investment products saw inflows for the second week in a row, totaling $226 million during the week ending March 28, as per CoinShares report.

This brings the last two weeks of inflows to $870 million, following five weeks of outflows.

Bitcoin investment products saw investor inflows totaling $197 million, while altcoins saw inflows for the first time in 5 weeks totaling $33 million

This indicates institutional investors are increasing their exposure to digital assets, albeit in a “cautious” manner, according to CoinShares head of research James Butterfill.

Butterfill said:

“Following the largest outflows on record, ETPs have seen 9 consecutive trading days of inflows.”

Crypto market technical rebound
From a technical perspective, the crypto market’s bounce today has occurred primarily due to its oversold relative strength index (RSI).

Key points:

The RSI on the 4-hour timeframe dipped below 30, entering oversold territory.

A slight rebound in RSI suggests buyers are stepping in to absorb selling pressure.

As a rule of technical analysis, oversold conditions typically lead to short-term relief rallies.

Furthermore, the crypto market is eyeing extended recovery as it paints a potential double-bottom pattern.

Note that:

The total crypto market cap chart shows two consecutive lows around $2.60 trillion, forming a double bottom pattern.

A double-bottom is considered a bullish reversal structure, resolving when the price breaks above its neckline resistance and rises by as much as the pattern’s maximum height.

Confirmation of this pattern would require a decisive breakout and a four-hour candlestick close above the neckline at $2.67 trillion.

If the breakout occurs, the measured move target is $2.76 trillion.

The target lies above a critical supply zone stretching from $2.72 trillion and $2.74 trillion, where all the major moving averages lie.

Failure to break above this barrier may result in continued consolidation between $2.70 trillion and $2.72 trillion.

According to popular analyst Crypto Zone, the crypto market is still “gripped by fear,” with the Fear & Greed Index sitting at 24, even as the total market cap rises.

The analyst added:

“This mixed sentiment suggests caution, but also potential buying opportunities for those who dare to be greedy when others are fearful.”