hodler

13 May 2026, 09:21

Bitcoin Stalls at $82,000 Wall as Hot CPI Print Wipes Out 2026 Rate Cut Expectations

Bitcoin closed the week at approximately $80,960, down 0.76% across seven days of trading that saw the price touch $82,000 twice before being rejected at that level on both occasions. The pattern has now repeated four times in the current cycle, establishing $82,000 as a technical and macro resistance level that has hardened with each failed breakout attempt. The final catalyst of the week was Tuesday’s April CPI report showing annual headline inflation at 3.8%, the highest reading since 2023 and above the 3.7% consensus forecast. That single data point pushed rate cut expectations from 2026 entirely into 2027, lifted bond yields, and removed the easy-money macro tailwind that had quietly supported Bitcoin’s recovery from the roughly $63,000 level traded in early February. The relationship between Bitcoin and Federal Reserve policy expectations has become increasingly mechanical in the post-ETF era, as institutional capital now dominates flows in and out of the asset in ways that retail sentiment alone never could. When the CPI landed, yields moved immediately, the dollar strengthened, and risk assets including Bitcoin surrendered gains that had built over several weeks of improving sentiment. Ethereum was hit harder, falling 3% on the day to approximately $2,259, underperforming Bitcoin and reflecting the higher beta typically associated with second-tier crypto assets when macro conditions tighten. BlackRock’s iShares Bitcoin ETF, IBIT, recorded $269 million in net inflows in a single session last week, the highest single-day figure in five weeks, and total weekly ETF inflows across all Bitcoin products reached $858 million. That institutional demand has been the structural support beneath the market during a period when price action has been uninspiring. Strategy, formerly MicroStrategy, continued its weekly Bitcoin accumulation, purchasing another 535 BTC despite the price stagnation, the smallest weekly addition of 2026 but a signal that the company’s long-term thesis remains unchanged. Exchange reserves near seven-year lows and sustained buying by wallets holding more than 1,000 BTC provide the on-chain underpinning that analysts point to when arguing the current consolidation is accumulation rather than distribution. Funding rates in perpetual futures markets remain neutral, having shifted away from the negative readings that indicated heavy short positioning earlier in the year. The shift away from short pressure suggests the short squeeze dynamic that carried Bitcoin from $66,000 to $82,000 has largely played out, and the next directional move will be determined by macro triggers rather than technical positioning. The Digital Asset Market Clarity Act Senate Banking Committee markup, scheduled for Thursday, May 14, represents the most significant near-term fundamental catalyst for the market. A credible advance of the bill would provide regulatory clarity on digital asset classifications, custody, and jurisdictional boundaries between the SEC and CFTC, exactly the kind of structural certainty that institutional capital has been waiting for before deploying at scale. Polymarket currently prices a 75% probability of the CLARITY Act becoming law in 2026. If the markup produces a clean result and the bill advances toward a full Senate vote, Bitcoin has a clear path toward the $85,000 level that both on-chain analysts and options positioning have flagged as the next structural threshold.

13 May 2026, 09:17

Capital B raises €15.2 million to grow bitcoin treasury

Capital B, a France-based bitcoin treasury firm, raised €15.2 million through a private placement on 11 May 2026. Investors include Blockstream CEO Adam Back and French asset manager TOBAM.

13 May 2026, 09:05

Metaplanet holds 40,177 BTC at end of Q1, reaffirms Bitcoin Standard strategy

BitcoinWorld Metaplanet holds 40,177 BTC at end of Q1, reaffirms Bitcoin Standard strategy Metaplanet, the publicly listed Japanese investment firm known for its aggressive Bitcoin accumulation, reported it held 40,177 BTC as of March 31, 2026, according to its first-quarter earnings release. The company reaffirmed its commitment to its so-called ‘Bitcoin Standard’ strategy, treating the cryptocurrency as a core treasury asset rather than a speculative trade. The holding represents approximately 87% of all Bitcoin held by publicly listed companies in Japan, cementing Metaplanet’s position as the third-largest corporate Bitcoin holder globally, behind only MicroStrategy and Marathon Digital Holdings. Strong revenue growth, but net losses widen Metaplanet’s consolidated revenue for the first quarter rose 251% year-over-year to 3.08 billion yen ($19.7 million). Operating profit increased 282% to 2.27 billion yen ($14.5 million), reflecting growth in its core business operations. However, the company reported wider current and net losses for the period, driven largely by unrealized losses on its Bitcoin valuation. Under Japanese accounting standards, Bitcoin held as a financial asset must be marked to market at each reporting date, with unrealized losses flowing through the income statement. The company noted these are non-cash losses and do not affect its operational cash flow or its ability to execute its accumulation strategy. Bitcoin holdings per share trending upward The earnings report highlighted that Metaplanet’s Bitcoin holdings per fully diluted share are trending upward, a metric the company uses to demonstrate value creation for shareholders. The firm’s stated goal is to evolve into a capital market infrastructure company built on Bitcoin, providing services such as custody, lending, and corporate treasury advisory. Metaplanet began its Bitcoin-focused strategy in 2024, pivoting from its earlier business lines to become a dedicated corporate Bitcoin treasury. The company has since raised capital through equity offerings and convertible bonds specifically to acquire more Bitcoin. What this means for the broader market Metaplanet’s continued accumulation signals that the corporate Bitcoin treasury trend, pioneered by MicroStrategy, is gaining traction in Asia. The company’s approach differs from Western counterparts in that it explicitly ties its corporate identity to Bitcoin, branding itself as a ‘Bitcoin Standard’ firm. For Japanese investors, Metaplanet offers a regulated, publicly traded vehicle for Bitcoin exposure without the need to directly custody the asset. However, the volatility of Bitcoin’s price means the company’s reported earnings will continue to swing based on market conditions, as evidenced by the widening net losses this quarter despite strong operational revenue growth. Conclusion Metaplanet’s Q1 2026 results demonstrate the dual nature of corporate Bitcoin accumulation: strong operational growth and strategic conviction on one hand, and significant accounting volatility on the other. The company’s position as Japan’s dominant corporate Bitcoin holder and the third-largest globally underscores the deepening integration of cryptocurrency into mainstream corporate finance. Investors should watch for continued dilution risk from capital raises and the impact of Bitcoin price movements on reported earnings. FAQs Q1: Why did Metaplanet’s net losses widen despite higher revenue? Metaplanet’s net losses widened primarily due to unrealized losses on its Bitcoin holdings under Japanese accounting rules, which require mark-to-market valuation. These are non-cash losses and do not affect the company’s operational cash flow or Bitcoin accumulation plans. Q2: How does Metaplanet’s Bitcoin strategy compare to MicroStrategy’s? Both companies use debt and equity raises to acquire Bitcoin as a primary treasury asset. However, Metaplanet operates under Japanese regulatory and accounting frameworks, and has stated a broader goal of becoming a Bitcoin-focused capital market infrastructure firm, while MicroStrategy focuses primarily on holding Bitcoin and developing enterprise software. Q3: Is Metaplanet a good investment for Bitcoin exposure? Metaplanet offers a regulated, publicly traded way to gain Bitcoin exposure in Japan. However, investors should consider the risks: Bitcoin price volatility, potential dilution from future capital raises, and the company’s concentrated strategy. As with any single-stock Bitcoin proxy, it carries company-specific risks beyond the underlying cryptocurrency. This post Metaplanet holds 40,177 BTC at end of Q1, reaffirms Bitcoin Standard strategy first appeared on BitcoinWorld .

13 May 2026, 09:03

Trump Just Flew to China With Elon Musk, Larry Fink, and Jensen Huang: Is a Trade Deal News About to Send Bitcoin to $90,000?

Bitcoin price climbed to a 24-hour high of $81,000 as Trump-China trade news pushed BTC toward its most structurally significant resistance in months. The question now is whether the geopolitical narrative has enough legs to carry BTC through $90,000, or whether the move is front-running an outcome that hasn’t materialized yet. Bitcoin (BTC) 24h 7d 30d 1y All time What Is the Trump-China Trade Driving Bitcoin Toward $90k? President Donald Trump’s state visit to China , the first U.S. presidential trip to the country in nearly a decade, landed with immediate market impact. Trump boarded Air Force One with a delegation of over a dozen U.S. executives, including Tesla’s Elon Musk, Apple’s Tim Cook, BlackRock’s Larry Fink, and, confirmed as a last-minute addition on May 13, Nvidia CEO Jensen Huang. This is absolutely insane. President Trump is currently flying to China with all of the following people to request "deals" with China's President Xi: 1. Elon Musk, Tesla and SpaceX CEO 2. Jensen Huang, Nvidia CEO 3. Tim Cook, Apple CEO 4. Larry Fink, BlackRock CEO 5. Stephen… — The Kobeissi Letter (@KobeissiLetter) May 13, 2026 Markets are pricing in a specific scenario: a framework agreement between Trump and Xi Jinping that eases tariffs on semiconductors and electronics, tariffs that peaked at 60% on Chinese goods in late 2025, alongside potential deals on rare earths and aviation. US Treasury Secretary Scott Bessent began preparatory talks with Chinese officials in South Korea ahead of the summit, with meetings scheduled with Chinese Vice Premier He Lifeng on Wednesday. Successful outcomes could stabilize global supply chains and directly reduce one of the key macro headwinds suppressing risk appetite. Bitwise strategist Juan Leon framed the stakes precisely, stating that “reduced tariff risks could unlock $1 trillion in sidelined capital for crypto.” Near-term, if the Trump-Xi summit produces even a preliminary trade framework by May 15, Bitcoin’s path to $88,000–$90,000 opens quickly. If talks stall, the unwinding of the Trump trade could be sharp. BTC already dipped to $79,832 when US CPI came in hot at 3.8%, demonstrating how quickly macro data can cut through geopolitical optimism Can Bitcoin (BTC) Break $90,000 Upon the News? Bitcoin price is trading above $81,000 after printing a session high of $81,248, recovering from a $79,832 low set earlier when CPI data disappointed. The first meaningful resistance cluster sits at $82,500 to $83,500, a zone that has capped multiple recovery attempts over the past 2 weeks. Above that, $88,000 to $90,000 is the decisive range. The 200-day SMA sits in that vicinity, and $90,000 has become a magnet for stop orders and institutional limit sells. Source: BTCUSD / Tradingview Clearing $90,000 on above-average volume opens the door to $93,000 to $95,000, the range where BTC traded post-election in November 2024. The SMA-50 at $84,500 needs to flip to support before a clean $90,000 test becomes structurally sound rather than just a spike. On the downside, $79,500 to $80,000 is the line that must hold. A daily close below $79,500 breaks the current higher-low structure and reopens the $75,000 to $76,000 support band. The bull structure is intact above $80,000, but not yet confirmed as a trend resumption. That confirmation requires a clean close above $84,500. 2 external variables are in play this week. Kevin Warsh’s expected confirmation as Fed Chair and the CLARITY Act markup are scheduled for Thursday. Both are net positive for BTC if they land clean. Both could introduce volatility that resets the setup if they do not. The chart needs a daily close above $84,500. Everything else is noise until that print. The post Trump Just Flew to China With Elon Musk, Larry Fink, and Jensen Huang: Is a Trade Deal News About to Send Bitcoin to $90,000? appeared first on Cryptonews .

13 May 2026, 08:57

Bitcoin Defies Inflation Shock: Why Bollinger Bands Signal Run to $93,500

As US inflation shocks markets at 3.8%, Bitcoin's monthly resilience under the Bollinger Bands triggers a setup for a $93,500 breakout.

13 May 2026, 08:35

US Dollar Index Price Forecast: DXY Tests Descending Channel Top Near 98.50

BitcoinWorld US Dollar Index Price Forecast: DXY Tests Descending Channel Top Near 98.50 The US Dollar Index (DXY) is currently testing the upper boundary of a descending channel, with the key resistance level near 98.50 coming into focus. This technical pattern has been developing over recent weeks, and a break above or rejection at this level could set the tone for the next major move in the greenback. Descending Channel Pattern in Focus A descending channel is formed by connecting lower highs and lower lows, indicating a bearish trend. The DXY has been trading within this channel since mid-February, with the upper trendline acting as resistance and the lower trendline providing support. The current test of the channel’s top near 98.50 is a critical juncture. A sustained break above this level would suggest a potential trend reversal, while a rejection could lead to a retest of the lower boundary around 97.50 or lower. Key Levels to Watch The immediate resistance is at 98.50, the top of the descending channel. A daily close above this level, especially on above-average volume, would be a bullish signal. The next resistance levels are at 99.00 (psychological round number) and 99.50 (prior swing high). On the downside, support is at 98.00 (recent pivot), followed by 97.50 (channel support) and 97.00 (major support). What This Means for Traders For forex traders, the DXY’s direction has broad implications. A stronger dollar typically pressures EUR/USD, GBP/USD, and commodity currencies lower, while a weaker dollar supports them. The 98.50 level is a make-or-break point. Traders should watch for confirmation signals such as a bullish engulfing candle or a false breakout above the channel before committing to a directional bias. The Relative Strength Index (RSI) on the daily chart is near 50, suggesting no clear overbought or oversold conditions, adding to the uncertainty. Broader Context and Drivers The dollar’s recent weakness has been driven by expectations that the Federal Reserve may cut interest rates later this year, following softer inflation data and mixed economic reports. Meanwhile, the European Central Bank and other major central banks have maintained a relatively hawkish stance, narrowing the interest rate differential that previously favored the dollar. Geopolitical tensions and trade policy developments also continue to influence safe-haven flows, adding another layer of complexity to the dollar’s outlook. Conclusion The US Dollar Index is at a pivotal technical juncture as it tests the descending channel top near 98.50. The outcome of this test will likely determine the short-term trend. Traders and investors should monitor this level closely, along with upcoming economic data and central bank commentary, for further clues on the dollar’s next move. A break above 98.50 could signal a shift in momentum, while a rejection would reinforce the prevailing bearish bias. FAQs Q1: What is the US Dollar Index (DXY)? The US Dollar Index (DXY) measures the value of the US dollar against a basket of six major foreign currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. It is a widely used benchmark for the dollar’s overall strength in global forex markets. Q2: What does a descending channel indicate in technical analysis? A descending channel is a bearish chart pattern formed by two parallel downward-sloping trendlines. It indicates that prices are making lower highs and lower lows, suggesting a downtrend. A break above the upper trendline can signal a potential reversal to the upside. Q3: Why is the 98.50 level important for the DXY? The 98.50 level represents the top boundary of the current descending channel. It is a key resistance point that has capped rallies in recent weeks. A break above this level would be a bullish signal, potentially leading to further gains, while a rejection would confirm the channel’s resistance and likely lead to a move lower. This post US Dollar Index Price Forecast: DXY Tests Descending Channel Top Near 98.50 first appeared on BitcoinWorld .