hodler

28 Apr 2026, 04:00

Strategy Back In The Green And Still Buying Bitcoin—Adds $255M

Bitcoin treasury company Strategy has made yet another Bitcoin purchase as the recent price recovery has seen its holdings return to profits. Strategy Has Added 3,273 BTC To Its Bitcoin Reserves As announced by Strategy co-founder and chairman Michael Saylor in an X post , the company has furthered its Bitcoin accumulation with a fresh acquisition of 3,273 BTC. Strategy spent $77,906 per token or a total of $255 million to assemble this stack. According to the filing with the US Securities and Exchange Commission, this buying took place in the week between April 20th and 26th and was fueled by sales of the firm’s MSTR at-the-market (ATM) stock offering. Following the buy, Strategy’s holdings have grown to 818,334 BTC, equivalent to nearly 4.09% of the cryptocurrency’s total supply in circulation. In total, the company has invested $61.81 billion into the cryptocurrency, putting the average acquisition price per token at $75,537. The price crash back in February had meant that Bitcoin declined below Strategy’s cost basis, but the latest rally has taken the asset back above it. Thus, the new acquisition has come while the firm has been sitting on profit for the first time in a while. Strategy continues to be the biggest corporate holder of Bitcoin, having a lead of more than 770,000 BTC over the second-largest firm. Another Bitcoin treasury company has also announced a buy today: Strive . As the firm’s chairman and CEO Matt Cole shared in an X post , Strive has acquired 789 BTC for $61.43 million, taking its total reserves to 14,557 BTC. From the above table, it’s visible that the company is currently the ninth largest public holder of the cryptocurrency. While Strive has announced a new buy, digital asset accumulation from corporates has lagged in 2026 when compared to 2025. The reason behind this is naturally down to the fact that the market has gone through a major drawdown since Q4 2025. Amid this decline, Strategy has been the only consistent buyer of Bitcoin. Though, that doesn’t apply to the digital asset sector at large, with Bitmine occupying a similar place as Strategy in the Ethereum treasury sector. Bitmine was originally a Bitcoin mining-focused firm, but the company pivoted to an ETH treasury strategy last year. Since then, it has gone on an aggressive buying spree, announcing regular purchases on Mondays like Michael Saylor’s firm. This Monday has also seen the announcement of an acquisition from the company. “In the past week, we acquired 101,901 ETH, which is the highest pace of buys since the week of December 15, 2025,” said Thomas “Tom” Lee, Bitmine chairman. The firm’s holdings have reached the 5.078 million ETH mark, which is equivalent to 4.21% of the cryptocurrency’s total supply in circulation. BTC Price At the time of writing, Bitcoin is floating around $76,700, down 2% in the last seven days.

28 Apr 2026, 03:48

Bitcoin support resistance flip in play as longs to shorts delta highlights bullish bias

Bitcoin pulled back to retest $76,500 as support, but the long-to-short delta indicates bulls have a significant advantage if the range highs are reclaimed.

28 Apr 2026, 03:40

Bitcoin Tax Exemption for Small Payments Becomes Top Legislative Priority for Block

BitcoinWorld Bitcoin Tax Exemption for Small Payments Becomes Top Legislative Priority for Block Block, the fintech company led by Jack Dorsey, has made a Bitcoin tax exemption for small transactions its top legislative priority. Janessa Lopez, head of digital asset policy at Block, announced this at the 2026 Bitcoin Conference. She argued that eliminating capital gains tax reporting for everyday Bitcoin payments is crucial for mainstream adoption. This push comes amid a broader debate in Congress about how to treat digital currencies under tax law. Block Prioritizes Bitcoin Tax Exemption for Small Transactions Lopez stated that the company’s goal is clear: remove the reporting burden for small Bitcoin payments. Currently, every Bitcoin transaction triggers a potential capital gains event. This complexity discourages users from spending Bitcoin on everyday items like coffee or groceries. By exempting small transactions, Block aims to make Bitcoin practical for daily use. Lopez warned that some in Congress want to limit this exemption to stablecoins only. This approach, she argued, violates the principle of technological neutrality. Kara Calvert, Vice President of U.S. policy at Coinbase, echoed this concern. She noted that even if the Clarity Act passes, unresolved tax issues will block Bitcoin adoption. The Clarity Act aims to provide regulatory clarity for digital assets. However, without a tax exemption, the reporting burden remains. This legislative push highlights a critical juncture for crypto policy in the United States. The Legislative Landscape for Crypto Tax Reporting The debate centers on how to treat digital currencies under existing tax laws. The IRS currently treats Bitcoin as property. This means every transaction is a taxable event. For small purchases, this creates a disproportionate compliance burden. The proposed exemption would apply to transactions under a certain threshold, likely $200. This mirrors existing rules for foreign currency transactions. Supporters argue this is essential for fostering innovation and adoption. Opponents worry about revenue loss and tax evasion. However, Lopez emphasized that the exemption targets small, everyday transactions. Larger trades and investments would still be subject to reporting. This targeted approach aims to balance adoption with tax compliance. The outcome of this legislative push could shape the future of crypto payments in the U.S. Impact on Bitcoin Adoption and Everyday Use Experts believe a tax exemption could significantly boost Bitcoin adoption. Without it, users face complex reporting requirements for small transactions. This friction discourages merchants from accepting Bitcoin. It also limits the utility of Bitcoin as a medium of exchange. By removing this barrier, Block and Coinbase hope to drive mainstream use. The companies are lobbying Congress to include Bitcoin in any tax exemption bill. Timeline of key events: 2021: IRS issues guidance on crypto reporting requirements. 2023: Block launches Bitcoin-focused initiatives. 2025: Clarity Act introduced in Congress. 2026: Block makes tax exemption top priority. This timeline shows the growing urgency for legislative action. Without it, the U.S. risks falling behind in crypto adoption. Expert Perspectives on the Legislative Push Industry leaders see this as a defining moment. Lopez stated, ‘We need a level playing field for all digital assets.’ She warned that excluding Bitcoin from the exemption would create a two-tier system. This could stifle innovation and limit consumer choice. Calvert added that tax reform is the ‘missing piece’ for crypto adoption. She urged lawmakers to act quickly to avoid regulatory fragmentation. Comparisons with other countries highlight the stakes. Several nations, including Germany and Portugal, already exempt small crypto gains from tax. This gives them a competitive advantage in attracting crypto businesses. The U.S. risks losing its leadership position if it fails to act. The legislative push by Block and Coinbase aims to prevent this outcome. Challenges and Criticisms of the Tax Exemption Proposal Not everyone supports the exemption. Some lawmakers worry about potential abuse. They argue that criminals could use small transactions to launder money. However, proponents counter that the exemption is for small amounts, limiting its appeal for illicit use. Others question the revenue impact. The Treasury Department estimates that crypto tax exemptions could cost billions over a decade. Yet, supporters argue that increased adoption and economic activity would offset these losses. Key arguments for the exemption: Reduces compliance burden for everyday users. Encourages merchants to accept Bitcoin. Promotes technological neutrality. Aligns U.S. policy with global standards. These arguments form the basis of the lobbying effort. The outcome will depend on bipartisan support in Congress. Conclusion The push for a Bitcoin tax exemption for small payments represents a critical step for crypto adoption. Block and Coinbase are leading the charge, arguing that tax reform is essential for mainstream use. The legislative debate will test the U.S. commitment to innovation and technological neutrality. As Congress considers the Clarity Act and related bills, the crypto industry watches closely. A favorable outcome could unlock new possibilities for Bitcoin as a medium of exchange. Failure to act could leave the U.S. behind in the global crypto race. FAQs Q1: What is the Bitcoin tax exemption proposed by Block? A1: Block proposes exempting small Bitcoin transactions from capital gains tax reporting. This would apply to everyday purchases under a threshold, likely $200. Q2: Why is the tax exemption important for Bitcoin adoption? A2: Without the exemption, users must report every transaction for tax purposes. This complexity discourages spending Bitcoin on small items, limiting its use as a currency. Q3: What is the Clarity Act? A3: The Clarity Act is a proposed U.S. law that aims to provide regulatory clarity for digital assets. However, it does not address tax reporting burdens for small transactions. Q4: How does the U.S. compare to other countries on crypto tax policy? A4: Countries like Germany and Portugal already exempt small crypto gains from tax. The U.S. risks falling behind if it does not adopt similar policies. Q5: What are the main arguments against the tax exemption? A5: Critics worry about potential tax evasion and revenue loss. However, supporters argue that the exemption targets small transactions, limiting abuse risks. This post Bitcoin Tax Exemption for Small Payments Becomes Top Legislative Priority for Block first appeared on BitcoinWorld .

28 Apr 2026, 03:36

Western Union Launches USDPT Stablecoin on SOL

Western Union is launching the USDPT stablecoin on the SOL network next month. Real-time payments are targeted as a SWIFT alternative. SOL price $84.03, strong support $82.59. Expansion plan with D...

28 Apr 2026, 03:30

Crypto Liquidations Top $245M: Brutal Long Squeeze Wipes Out Traders in 24 Hours

BitcoinWorld Crypto Liquidations Top $245M: Brutal Long Squeeze Wipes Out Traders in 24 Hours The crypto market experienced a severe shockwave as crypto liquidations surged past $245 million in just 24 hours. Data reveals that long-position traders bore the brunt of this forced sell-off. This event marks one of the most significant liquidation events in recent weeks. 24-Hour Crypto Liquidations: A Detailed Breakdown Data from major exchanges shows the scale of the liquidation event. The following table provides a clear overview of the estimated liquidation volumes for key cryptocurrencies. Asset Total Liquidated (24h) Long Position Ratio Bitcoin (BTC) $121.19 million 91.63% Ethereum (ETH) $112.47 million 86.61% Solana (SOL) $12.08 million 94.14% These numbers confirm a massive long squeeze. Traders who bet on rising prices faced forced closures as the market moved against them. Why Did the Crypto Market Crash? Several factors contributed to this sudden market downturn. Analysts point to a combination of macroeconomic pressures and on-chain data signals. The Federal Reserve’s recent hawkish stance on interest rates dampened risk appetite. Furthermore, a significant amount of open interest concentrated at high price levels created a fragile market structure. When Bitcoin’s price dropped below a key support level, it triggered a cascade of stop-loss orders. This forced liquidations, which in turn accelerated the price decline. The high percentage of long positions made the market particularly vulnerable to such a move. Bitcoin (BTC) Liquidation Analysis Bitcoin saw the highest absolute liquidation volume at over $121 million. The overwhelming majority of these were long positions. This suggests that many traders expected a breakout to the upside. Instead, they faced a sharp reversal. The liquidation of large positions often creates a vacuum effect, pulling prices down further. Ethereum (ETH) Liquidation Analysis Ethereum liquidations closely followed Bitcoin, totaling over $112 million. The ratio of long positions liquidated was slightly lower than Bitcoin’s, but still extremely high at 86.61%. This indicates that the selling pressure was broad-based and not limited to a single asset. The correlation between BTC and ETH remains strong during volatile periods. Solana (SOL) Liquidation Analysis Solana experienced the highest percentage of long liquidations at 94.14%. This extreme ratio highlights the speculative nature of positions in altcoins. Smaller market cap assets often see more aggressive leverage use. When the market turns, these positions are the first to be wiped out. The $12 million in SOL liquidations, while smaller in absolute terms, represents a significant percentage of its open interest. Market Impact and Trader Sentiment The immediate impact is a reset of leverage in the futures market. Funding rates have turned negative, indicating that short sellers are now paying to hold their positions. This often signals a potential bottom, but it can also precede further downside. Trader sentiment has shifted from extreme greed to fear. Exchange order books show a build-up of bid liquidity at lower levels. This suggests that some traders are looking to buy the dip. However, the lack of strong buying pressure at current levels keeps the market in a fragile state. The total open interest across all exchanges has dropped significantly, reflecting the forced closure of positions. What This Means for the Broader Crypto Market Such liquidation events serve as a critical risk management lesson. They demonstrate the dangers of high leverage in volatile markets. The crypto futures market remains a high-stakes environment. Regulatory scrutiny on leverage trading may increase following such events. Exchanges might review their liquidation engines and margin requirements. For long-term investors, these events can create buying opportunities. However, timing the bottom is notoriously difficult. The market needs time to absorb the shock and establish a new equilibrium. On-chain metrics like exchange inflows and miner positions will provide clues about the next direction. Conclusion The 24-hour crypto liquidations exceeding $245 million represent a significant market event. Long-position traders suffered the most, with Bitcoin and Ethereum accounting for the majority of losses. This event underscores the importance of risk management and the impact of macroeconomic factors on digital assets. Traders should monitor liquidation data closely as it provides real-time insight into market stress and potential turning points. FAQs Q1: What are crypto liquidations? Liquidations occur when a trader’s position is forcibly closed by an exchange due to insufficient margin. This happens when the market moves against the trader’s leveraged position. Q2: Why did long positions get liquidated? Long positions get liquidated when the asset’s price drops below a certain threshold. The high percentage of long liquidations (over 90% for BTC and SOL) indicates a sudden and sharp price decline. Q3: How do liquidations affect the market price? Liquidations can create a cascading effect. As positions are closed, they add selling pressure, which pushes the price down further, triggering more liquidations. This is often called a ‘long squeeze’. Q4: Is this a good time to buy? While liquidation events can create buying opportunities, they also indicate high volatility and uncertainty. It is essential to conduct your own research and manage risk carefully before entering any position. Q5: Where can I track live liquidation data? Several cryptocurrency data aggregators and exchanges provide real-time liquidation data. Platforms like Coinglass, Bybit, and Binance offer detailed charts and historical data. This post Crypto Liquidations Top $245M: Brutal Long Squeeze Wipes Out Traders in 24 Hours first appeared on BitcoinWorld .

28 Apr 2026, 03:22

DeFi United Overcame the Kelp DAO Hack with 303M$

DeFi United overcame Kelp DAO's 290M$ hack with 303M$ ETH. AAVE liquidity fell to 92%, downtrend dominates in technicals. Consensys and Arbitrum provided support. The sector demonstrated its resili...