News
18 May 2026, 13:55
Michael Saylor: Strategy May Sell Bitcoin, That’s What Makes It an Asset

Michael Saylor, executive chairman of Strategy, recently acknowledged the possibility of selling Bitcoin and explained why publicly denying that option could actually hurt the asset. In an interview with Scott Melker on The Wolf of All Streets podcast, Saylor argued that an absolute “never sell” stance creates problems for companies holding large Bitcoin reserves. “We own about $65 billion worth of Bitcoin. If the market thought we'd never sell it, ratings agencies would say, ‘Well, then it’s not an asset,’” Saylor explained. Michael Saylor Says Bitcoin Must Remain Liquid According to Saylor, Bitcoin needs to remain liquid and usable for companies managing large treasury positions. He said there is between $20 billion and $100 billion in liquidity within the Bitcoin market that remains largely uncorrelated with a company’s stock performance or credit rating. If companies refuse to access that liquidity under any circumstances, the value and flexibility of Bitcoin as a treasury asset could weaken. The discussion followed comments he made during Strategy’s first-quarter earnings call, where he suggested the company could sell Bitcoin in certain situations to protect market confidence or stabilize the business during periods of panic. That statement surprised many Bitcoin supporters because Saylor has spent years promoting the idea of never selling BTC. Bitcoin Community Reacts to Saylor’s Comments The remarks quickly triggered debate across the crypto community. Simon Dixon said on social platform X that Strategy could eventually face pressure to sell Bitcoin if traditional financial institutions manipulated the company’s Bitcoin-backed debt or dividend products. Despite the controversy, Strategy continues expanding its Bitcoin holdings. The company began accumulating Bitcoin in August 2020 and now holds 818,869 BTC at an average purchase price of $75,540 per coin. Between May 4 and May 10, Strategy acquired another 535 BTC worth roughly $43 million at an average price of $80,340 per Bitcoin. Strategy Still Doubles Down on Bitcoin Even after discussing the possibility of selling, Saylor continues publicly supporting Bitcoin accumulation. For years, he repeatedly posted the phrase “Never sell your Bitcoin” on social media. However, since May 6, the wording has shifted slightly to: “Buy more Bitcoin than you sell.” The subtle change has fueled speculation that Strategy may be preparing for a more flexible long-term treasury strategy while still maintaining its strong bullish position on Bitcoin.
18 May 2026, 13:50
USD/CHF Bulls Hold Firm: 0.7850 Support Key to Sustained Uptrend

BitcoinWorld USD/CHF Bulls Hold Firm: 0.7850 Support Key to Sustained Uptrend The USD/CHF pair continues to demonstrate bullish resilience, with the 0.7850 level emerging as a critical floor that buyers have successfully defended in recent trading sessions. This price action suggests that market sentiment remains tilted in favor of the US dollar against the Swiss franc, despite intermittent pressure from risk-off flows and European economic data. Technical Setup: Support Holding Firm From a technical perspective, the 0.7850 mark has acted as a reliable support zone over the past week, coinciding with the 50-day simple moving average (SMA). Each test of this level has attracted buying interest, pushing the pair back toward the 0.7900 resistance area. The repeated defense of this support indicates that bullish momentum is not yet exhausted. The Relative Strength Index (RSI) on the daily chart hovers near 55, suggesting room for further upside before entering overbought territory. Meanwhile, the MACD histogram remains positive, though its slope has flattened slightly, hinting at a potential consolidation phase before the next directional move. Fundamental Drivers: Divergent Monetary Policy Outlook The broader bullish case for USD/CHF rests on the diverging monetary policy trajectories between the Federal Reserve and the Swiss National Bank (SNB). The Fed has maintained a cautious stance, signaling that interest rate cuts are not imminent as inflation remains above target. In contrast, the SNB has already begun easing, cutting its policy rate in March and signaling further accommodation if needed. This policy divergence makes the US dollar more attractive on a yield basis, supporting capital flows into USD-denominated assets. Additionally, recent US economic data, including stronger-than-expected retail sales and industrial production figures, have reinforced the narrative of a resilient US economy. Key Levels to Watch Traders should monitor the following price thresholds in the coming sessions: Support: 0.7850 (immediate), 0.7800 (psychological and 100-day SMA) Resistance: 0.7900 (near-term), 0.7950 (February high), 0.8000 (key psychological barrier) A sustained break above 0.7900 would likely accelerate bullish momentum toward the 0.7950 region. Conversely, a daily close below 0.7850 could signal a shift in sentiment, exposing the 0.7800 handle. Why This Matters for Traders For forex traders, the USD/CHF pair offers a unique window into relative economic strength between the US and Switzerland. The pair is often viewed as a barometer of global risk sentiment, with the Swiss franc attracting safe-haven bids during periods of market stress. The current resilience of USD/CHF suggests that risk appetite remains intact, even as geopolitical uncertainties persist. Understanding these technical and fundamental dynamics helps traders position themselves for potential breakout opportunities or manage risk around key support levels. Conclusion The USD/CHF bulls remain in control as long as the 0.7850 support holds. The combination of a supportive technical structure and favorable monetary policy divergence provides a foundation for further gains, though a break below this level would warrant caution. Traders should watch for a decisive move above 0.7900 to confirm the next leg higher. FAQs Q1: What is the significance of the 0.7850 level for USD/CHF? The 0.7850 level is a key technical support zone, aligning with the 50-day SMA. It has been tested multiple times recently and held, indicating strong buyer interest and a potential floor for the pair. Q2: How does SNB policy affect USD/CHF? The Swiss National Bank has adopted a more dovish stance than the Fed, cutting rates in March. This policy divergence makes the US dollar more attractive on a yield basis, supporting USD/CHF upside. Q3: What could cause a breakdown below 0.7850? A daily close below 0.7850 could be triggered by a sudden risk-off event, such as geopolitical tensions or disappointing US economic data, which would boost safe-haven demand for the Swiss franc. This post USD/CHF Bulls Hold Firm: 0.7850 Support Key to Sustained Uptrend first appeared on BitcoinWorld .
18 May 2026, 13:17
Bitmine Immersion stock pain not over: Will $11.6B ETH treasury revive sentiment?

18 May 2026, 13:16
Strategy (MSTR) buys another $2B in Bitcoin as holdings top 843,000 BTC

Strategy (previously known as Microstrategy) MSTR, the bitcoin treasury company led by executive chairman Michael Saylor, disclosed Monday that it acquired an additional 24,869 bitcoin for approximately $2.01 billion between May 11 and May 17. According to an 8-K filing with the Securities and Exchange Commission, the company purchased the bitcoin at an average price of roughly $80,985 per coin. The latest acquisition brings Strategy’s total holdings to approximately 843,738 BTC, worth about $65.3 billion based on current prices. The company said it has spent roughly $63.9 billion acquiring bitcoin at an average purchase price of approximately $75,700 per bitcoin, including fees and expenses. Strategy’s holdings now represent more than 4% of bitcoin’s total 21 million supply cap, underscoring the company’s increasingly aggressive treasury strategy centered on the cryptocurrency. Stock sales fuel latest bitcoin acquisition The purchases were financed primarily through Strategy’s ongoing at-the-market stock sale programs. The company raised approximately $2.03 billion through a combination of common stock and preferred stock offerings over a six-day period ending May 17. Strategy sold around 19.95 million shares through its STRC preferred stock program, generating roughly $1.95 billion in net proceeds. It also sold approximately 430,344 shares of its Class A common stock, MSTR, raising an additional $83.7 million. The company immediately deployed approximately $2.01 billion of the proceeds into bitcoin purchases. Strategy continues to maintain significant fundraising capacity through its multi-tiered at-the-market (ATM) programs. According to company disclosures, approximately $51.5 billion remains available across multiple equity issuance programs, including roughly $26.3 billion tied to MSTR and $17.5 billion connected to STRC. The STRC preferred stock has increasingly become the company’s primary financing tool for bitcoin purchases. The variable-rate cumulative preferred stock currently offers an annualized dividend yield of roughly 11.5%. Strategy recently proposed shifting STRC dividend payments from monthly to twice-monthly distributions, stating the move could “lead to reduced reinvestment lag, enhanced liquidity, market efficiency, and increased price stability.” Saylor signals purchase ahead of disclosure Ahead of Monday’s filing, Saylor again hinted at the acquisition through social media. On Sunday, he posted an update tied to Strategy’s bitcoin acquisition tracker alongside the phrase “Big dot energy,” which investors interpreted as signaling another substantial purchase announcement. Analysts at K33 recently argued that strong demand for STRC may be contributing to recurring mid-month bitcoin buying pressure as Strategy continues issuing shares and using proceeds to accumulate additional BTC ahead of dividend-related timelines. The company has also continued reshaping its balance sheet alongside its bitcoin acquisition strategy. On Friday, Strategy agreed to repurchase approximately $1.5 billion face value of its zero-coupon 2029 convertible notes for about $1.38 billion, retiring the debt at roughly 92 cents on the dollar. The filing listed bitcoin sales as one of several potential funding sources for the transaction, a notable disclosure given Saylor’s previously stated “net accumulator” policy regarding bitcoin holdings. Bitcoin treasury model expands across corporate sector Strategy remains the dominant player among public companies adopting bitcoin treasury strategies, though the model has expanded significantly across corporate markets. According to Bitcoin Treasuries data, approximately 196 public companies have adopted some form of bitcoin acquisition model, with 84 companies currently maintaining active treasury strategies. Other major corporate holders include Coinbase, MARA Holdings, Riot Platforms, and Hut 8. Despite the continued institutional adoption trend, many bitcoin treasury-related stocks remain well below their 2025 highs as investor enthusiasm has cooled alongside broader cryptocurrency market volatility. Strategy shares declined approximately 6.3% last week, closing Friday at around $177.42, though the stock remains up roughly 12.89% year to date. Bitcoin itself recently fell below $78,000 amid renewed inflation concerns and geopolitical tensions surrounding Iran and global energy markets. The post Strategy (MSTR) buys another $2B in Bitcoin as holdings top 843,000 BTC appeared first on Invezz
18 May 2026, 12:55
Pound Edges Higher but Stays Near April Low as UK Political Turmoil Deepens

BitcoinWorld Pound Edges Higher but Stays Near April Low as UK Political Turmoil Deepens The British pound inched higher in early trading on Wednesday but remained pinned near its lowest level since April, as ongoing political instability in the United Kingdom continued to undermine investor confidence. Sterling hovered around $1.27 against the U.S. dollar, reflecting a cautious market mood ahead of key parliamentary votes and growing uncertainty over the government’s fiscal direction. Political Uncertainty Weighs on Sterling The pound’s recovery has been tentative at best. After a brief rally in late March, the currency has steadily lost ground amid a series of political shocks that have rattled Westminster. The latest turmoil stems from internal party divisions over economic policy, a weakened prime minister facing a potential leadership challenge, and fresh concerns about the government’s ability to pass a coherent budget through a fractious parliament. Investors are particularly focused on the upcoming confidence vote, which could trigger a snap election or a change in leadership. Such an event would likely delay critical fiscal decisions, including spending reviews and tax reforms, adding to the economic uncertainty that has kept the pound under pressure. Market Reaction and Key Levels Currency traders have responded by pricing in a higher risk premium on UK assets. The pound’s slide toward the April low of $1.26 has been driven by a combination of political risk aversion and a stronger U.S. dollar, which has benefited from robust American economic data and hawkish signals from the Federal Reserve. Technical analysts note that if sterling breaks below the $1.26 support level, it could open the door to further declines toward $1.24, a level not seen since November of last year. On the upside, resistance is seen at $1.28 and $1.30, though a sustained rally would require a clear resolution to the political deadlock. What This Means for Businesses and Consumers A weaker pound has direct implications for UK businesses and households. Import costs rise, pushing up prices for goods ranging from electronics to food. For companies that rely on overseas supply chains, margins are squeezed. On the positive side, exporters and tourism sectors may benefit from more competitive pricing abroad. For consumers, the falling pound adds to inflationary pressures at a time when the cost of living remains elevated. Energy bills, mortgage rates, and grocery prices are all sensitive to currency movements, making the political situation in London a matter of immediate financial concern for millions of households. Outlook and Key Dates The immediate focus for markets is the parliamentary calendar. A confidence vote is expected within the next two weeks, and the outcome will likely determine the pound’s short-term trajectory. If the government survives, a period of relative stability could allow sterling to recover some ground. A defeat, however, would plunge the country into election uncertainty, likely sending the pound lower. The Bank of England’s next monetary policy meeting is also on the horizon. While the central bank is expected to hold rates steady, any shift in its tone regarding inflation or growth could amplify currency moves. For now, the pound remains hostage to political events, with traders watching Westminster more closely than Threadneedle Street. Conclusion The pound’s modest uptick offers little comfort to investors who see deeper structural risks. Until the political fog clears, sterling is likely to remain vulnerable, with the April low acting as a critical test of market confidence. The coming weeks will be decisive, not just for the currency, but for the broader perception of UK economic stability. FAQs Q1: Why is the pound falling despite a small rise today? The pound’s slight uptick is a short-term correction, but it remains near multi-month lows because of deep political uncertainty in the UK, including the risk of a leadership change or snap election, which undermines investor confidence. Q2: What is the key support level for GBP/USD? The immediate support level is around $1.26, the April low. A break below that could lead to further declines toward $1.24, a level not seen since November 2024. Q3: How does a weak pound affect UK consumers? A weaker pound increases the cost of imported goods, contributing to higher inflation. This affects everyday items like food, electronics, and fuel, as well as mortgage rates and energy bills, adding to the cost of living pressures. This post Pound Edges Higher but Stays Near April Low as UK Political Turmoil Deepens first appeared on BitcoinWorld .
18 May 2026, 12:50
Dollar Index Dips to 99.10 as Market Optimism Grows Over Potential US-Iran Peace Deal

BitcoinWorld Dollar Index Dips to 99.10 as Market Optimism Grows Over Potential US-Iran Peace Deal The US Dollar Index (DXY), a key measure of the greenback’s value against a basket of major currencies, eased to 99.10 on Tuesday, marking a notable decline as market sentiment shifted on growing expectations of a potential peace agreement between the United States and Iran. The move reflects a broader reassessment of geopolitical risk and its implications for global currency markets. Geopolitical Optimism Weighs on Safe-Haven Demand The dollar’s retreat comes amid reports of renewed diplomatic channels and preliminary talks aimed at de-escalating tensions between Washington and Tehran. Traders have interpreted these developments as a signal that the risk of a broader regional conflict may be receding, reducing the safe-haven premium that had been supporting the dollar in recent weeks. Historically, the dollar strengthens during periods of geopolitical uncertainty as investors flock to liquid, low-risk assets. A potential thaw in US-Iran relations reverses that dynamic, prompting a repositioning of capital toward riskier currencies and assets. Market Reaction and Broader Implications The DXY’s slide to 99.10 represents a break below recent support levels, with some analysts pointing to 98.80 as the next key floor. The move has been accompanied by a modest uptick in emerging market currencies and commodities, particularly oil, which had been priced with a conflict premium. A peace deal could lead to increased Iranian oil exports, potentially lowering global energy prices and further influencing currency valuations. For currency traders, the focus now shifts to whether this diplomatic momentum is sustainable or merely a temporary reprieve. The US Federal Reserve’s monetary policy stance remains a critical backdrop, but the geopolitical factor has taken center stage in the near term. What This Means for Investors For investors holding dollar-denominated assets or exposed to currency risk, the DXY’s decline signals a potential shift in the macro environment. A weaker dollar typically benefits multinational corporations with overseas revenue, as well as commodities priced in dollars. Conversely, it may pressure import-dependent sectors. The key takeaway is that currency markets are increasingly pricing in a less confrontational US foreign policy posture toward Iran, which could have ripple effects across trade, energy, and global risk appetite. As with any diplomatic development, the situation remains fluid, and traders should monitor official statements and negotiation outcomes closely. Conclusion The DXY’s drop to 99.10 underscores how quickly geopolitical narratives can reshape currency markets. While the prospect of a US-Iran peace deal has injected a dose of optimism, the sustainability of this move depends on concrete diplomatic progress. For now, the dollar is ceding ground as risk appetite improves, but any setback in negotiations could quickly reverse the trend. Investors and analysts alike will be watching for further clarity from Washington and Tehran in the days ahead. FAQs Q1: What is the DXY and why does it matter? The DXY, or US Dollar Index, measures the value of the US dollar against a basket of six major 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 markets. Q2: How does a US-Iran peace deal affect the dollar? A peace deal reduces geopolitical risk, which typically lowers demand for safe-haven assets like the US dollar. Investors become more willing to take on risk, moving capital into higher-yielding or emerging market currencies, which can push the DXY lower. Q3: Could the DXY fall further? If diplomatic progress continues and a formal agreement appears likely, the DXY could test lower support levels, possibly around 98.50 or 98.00. However, any breakdown in talks or renewed tensions could trigger a sharp reversal, driving the dollar higher again. This post Dollar Index Dips to 99.10 as Market Optimism Grows Over Potential US-Iran Peace Deal first appeared on BitcoinWorld .


















































