hodler

12 May 2026, 05:38

Bitcoin steadies at $81k with Iran tensions, US CPI in focus

12 May 2026, 05:30

Bitcoin Treasury Race Heats Up As Capital B Secures $18 Million

Europe’s second-largest Bitcoin treasury company just got a significant cash injection. Capital B , listed on the French stock exchange, has raised 15.2 million euros — roughly $17.8 million — through a private share placement, with notable backing from Blockstream CEO Adam Back and Paris-based asset manager TOBAM. A Bigger Prize On The Horizon The real number to watch, though, may be much larger. Each share in the deal came attached with four subscription warrants at a fixed price of $0.78. If all of those warrants are exercised, Capital B could pull in an additional $116.5 million through the issuance of about 92 million new shares, according to board director of Bitcoin strategy Alexandre Laizet. The company said the fresh capital, combined with revenue from its ongoing operations, could allow it to purchase around 182 more Bitcoin. That would push its total holdings to roughly 3,125 BTC. Back In The Picture — Again Adam Back’s involvement raised eyebrows. This is the second time in a week the cryptographer and Blockstream chief has backed Capital B. Just seven days earlier, Back participated in a separate $1.3 million raise from the same company. Capital B currently holds 2,943 BTC, valued at approximately $237 million. That makes it the 25th-largest corporate Bitcoin holder in the world and the second-largest in Europe, trailing only Germany’s Bitcoin Group SE, according to data from Bitcointreasuries. The timing of the raise sets Capital B apart from much of the rest of the corporate Bitcoin sector. While other firms have been pulling back — selling holdings, cutting debt, or setting up hedging programs after months of soft market conditions — Capital B is still buying. Nakamoto , a Nasdaq-listed Bitcoin treasury firm, announced a derivatives program in late April to guard against downside risk. Earlier, Genius Group sold its entire 84 BTC treasury to pay off an $8.5 million debt. Shares Climb After Announcement Capital B shares climbed about 4.25% on Monday following the news, trading near 0.67 euros. The stock is still down around 10% for the year. Strategy , the company led by Michael Saylor, raised $2.5 billion in late April through stock and preferred share sales. A smaller raise by XCE — $794,000, also backed by Adam Back — was announced around the same time. Capital B’s latest move signals that at least some European companies are still pressing forward with Bitcoin accumulation, even as conditions remain uncertain. Featured image from FinanceFeeds, chart from TradingView

12 May 2026, 05:15

Crypto Firm Backed by French NBA Star Halts Plan to Buy Bitcoin

The Bitcoin Society, a start-up backed by French NBA star Tony Parker and entrepreneur Éric Larchevêque, has ditched plans to build a crypto treasury, months after announcing the strategy.

12 May 2026, 04:55

USD/CHF Price Forecast: Swiss Franc Weakens as Dollar Momentum Builds Above 0.7800

BitcoinWorld USD/CHF Price Forecast: Swiss Franc Weakens as Dollar Momentum Builds Above 0.7800 The USD/CHF currency pair has extended its recent gains, trading decisively above the 0.7800 handle as the US dollar continues to draw support from a broadly hawkish Federal Reserve stance and resilient US economic data. The pair’s upward momentum reflects a combination of dollar strength and persistent pressure on the Swiss franc, which has struggled to find safe-haven bids amid improving global risk appetite. Technical Setup: Key Levels and Momentum From a technical perspective, the break above 0.7800 marks a significant near-term victory for dollar bulls. The level had previously acted as resistance during late January, and its conversion into support suggests buyers are in control. The next upside target lies near the 0.7850 region, which coincides with the 100-day simple moving average. A sustained move above that threshold could open the door toward the 0.7900 psychological barrier. On the downside, the 0.7800 level now serves as immediate support. A daily close below this level would signal a potential failure of the breakout, with the next support zone around 0.7760, followed by the 50-day moving average near 0.7730. The relative strength index (RSI) is hovering in bullish territory but has not yet reached overbought levels, suggesting room for further upside before exhaustion sets in. Fundamental Drivers: Dollar Strength and Franc Weakness The US dollar index (DXY) has climbed to multi-week highs, underpinned by stronger-than-expected US employment data and persistent inflation readings that have pushed back market expectations for early Fed rate cuts. This repricing of monetary policy expectations has provided a tailwind for dollar pairs across the board. Meanwhile, the Swiss franc has been underperforming as a haven currency. The Swiss National Bank’s relatively dovish posture, combined with a stabilization in European risk sentiment, has reduced demand for the franc. Market participants are also watching SNB intervention risks, though the central bank has shown less urgency to cap franc weakness compared to previous periods. What This Means for Traders For forex traders, the USD/CHF breakout above 0.7800 offers a clear directional bias in the short term. The combination of technical momentum and supportive fundamentals suggests that pullbacks toward the 0.7800 area could attract buyers. However, traders should remain cautious of potential profit-taking ahead of key US inflation data releases later this week, which could inject volatility into dollar pairs. Conclusion The USD/CHF pair has established a foothold above 0.7800, driven by broad US dollar strength and relative franc weakness. The technical outlook favors further upside toward 0.7850 and potentially 0.7900, provided the dollar maintains its momentum. A break below 0.7800 would negate the bullish bias and shift attention back to support at 0.7760. The coming sessions will likely be influenced by US economic data and shifts in Fed rate expectations. FAQs Q1: What is the key resistance level for USD/CHF right now? The immediate resistance is at 0.7850, which aligns with the 100-day moving average. A break above that could lead to a test of the 0.7900 level. Q2: Why is the Swiss franc weakening against the dollar? The franc is under pressure due to a broadly stronger US dollar, supported by hawkish Fed expectations, and reduced safe-haven demand as global risk appetite improves. Q3: What could reverse the current USD/CHF uptrend? A daily close below the 0.7800 support level would signal a failed breakout. Additionally, weaker US economic data or a sudden risk-off event could revive demand for the franc and reverse the pair’s gains. This post USD/CHF Price Forecast: Swiss Franc Weakens as Dollar Momentum Builds Above 0.7800 first appeared on BitcoinWorld .

12 May 2026, 04:39

Bitcoin Holds $81K Pivot as Capital B Raises $17.8M and Crypto ETPs Pull $858M in Sixth Weekly Inflow Streak

Bitcoin News France-listed treasury firm Capital B raised 15.2 million euros, or roughly $17.8 million, through a private placement backed by Blockstream chief executive Adam Back and Paris asset m...

12 May 2026, 04:30

British Pound Slips Below 1.3600 as US-Iran Tensions and UK Political Uncertainty Weigh

BitcoinWorld British Pound Slips Below 1.3600 as US-Iran Tensions and UK Political Uncertainty Weigh The British pound weakened against the US dollar on Tuesday, falling below the key psychological level of 1.3600 for the first time in several weeks. The decline was driven by a combination of escalating geopolitical tensions between the United States and Iran, and renewed political pressure on UK Prime Minister Boris Johnson over domestic policy challenges. Geopolitical Jitters and Safe-Haven Demand The pound’s slide was largely attributed to a broader shift toward safe-haven assets following reports of increased military posturing in the Middle East. The US-Iran standoff has intensified after recent drone strikes and retaliatory threats, prompting investors to move capital into the US dollar and gold. As a result, the GBP/USD pair, which had been trading comfortably above 1.3600 for much of the past fortnight, broke through that support level during early European trading hours. Market analysts noted that the dollar index (DXY) rose 0.3% on the day, reflecting broad-based demand for the greenback. The pound, already under pressure from domestic headwinds, proved particularly vulnerable to the flight to safety. Domestic Political Pressure Mounts on Johnson Compounding the external pressures, UK Prime Minister Boris Johnson faced a difficult day in Westminster. A group of Conservative backbenchers renewed calls for a vote of confidence, citing dissatisfaction over the government’s handling of the cost-of-living crisis and recent by-election losses. While Johnson’s position is not immediately threatened, the political noise has unsettled currency markets, which typically prefer stability. Sterling has historically been sensitive to political uncertainty, and the latest developments have revived memories of the turbulent periods following the 2016 Brexit referendum and the 2019 general election. The pound’s decline below 1.3600 signals that traders are pricing in a higher risk premium for UK assets. Market Implications for Traders and Businesses For businesses and individuals with exposure to currency markets, the pound’s weakness carries real-world consequences. Importers face higher costs for goods priced in dollars, potentially feeding into inflation. Exporters, on the other hand, may see a short-term boost in competitiveness. The Bank of England is closely monitoring the situation, as a sustained decline in sterling could complicate its efforts to control inflation, which remains above the 2% target. Technical analysts point to the 1.3550 level as the next key support, with a break below that opening the door to a test of the 1.3400 region. Resistance now lies at 1.3600 and 1.3650. Conclusion The British pound’s dip below 1.3600 reflects a perfect storm of external geopolitical risk and internal political uncertainty. While the immediate triggers are clear, the longer-term trajectory will depend on how both the US-Iran situation and UK political dynamics evolve. Traders and investors should remain cautious and monitor upcoming economic data releases, including UK GDP figures and US non-farm payrolls, for further direction. FAQs Q1: Why did the British pound fall below 1.3600? The pound fell due to a combination of escalating US-Iran tensions, which boosted demand for the safe-haven US dollar, and renewed political pressure on UK Prime Minister Boris Johnson, which increased uncertainty around UK economic policy. Q2: What does GBP/USD falling below 1.3600 mean for consumers? For UK consumers, a weaker pound means imported goods, especially those priced in dollars, become more expensive. This can contribute to higher inflation at the checkout. For travelers, it means fewer dollars or other foreign currency for each pound exchanged. Q3: Could the pound fall further? Yes, if geopolitical tensions escalate or if UK political instability deepens, the pound could test lower support levels around 1.3550 and potentially 1.3400. However, any de-escalation or positive economic data could trigger a rebound. This post British Pound Slips Below 1.3600 as US-Iran Tensions and UK Political Uncertainty Weigh first appeared on BitcoinWorld .