hodler

7 May 2026, 13:38

Bitcoin holds above $81,000 as oil falls to $96

🚨 BTC remains above $81,000 as oil dips to $96. Investors welcome progress towards a U.S.-Iran deal. 🗝️ Critical data: Positive US jobless figures and central bank speeches are shaping trader sentiment in $BTC today. Continue Reading: Bitcoin holds above $81,000 as oil falls to $96 The post Bitcoin holds above $81,000 as oil falls to $96 appeared first on COINTURK NEWS .

7 May 2026, 13:30

Strategy Selling Bitcoin ‘Isn’t A Bad Thing,’ Samson Mow Says

Samson Mow has pushed back against the idea that Strategy selling Bitcoin would necessarily undermine its treasury thesis , arguing that Bitcoin treasury companies need flexibility to protect shareholders and manage public-market pressure. In a May 7 post on X, Mow said the debate around corporate Bitcoin treasuries has become too rigid. While many Bitcoin holders treat selling as a last resort, he argued that companies operating in public markets face a different set of constraints than individual investors. “Strategy selling Bitcoin isn’t a bad thing,” Mow wrote. “There are differing schools of thought on this topic, but I actually think Bitcoin Treasury Companies should sell Bitcoin when it is warranted. The goal shouldn’t be to never sell Bitcoin, but to benefit and protect shareholders.” Why Strategy’s Bitcoin Selling Isn’t Bad Mow’s argument centers on optionality. In his view, a Bitcoin treasury company that publicly rules out selling under all circumstances gives investors, short sellers and arbitrageurs a clearer playbook. A company that can sell, hedge, issue, buy back stock or accumulate more Bitcoin is harder to position against. “Never selling limits optionality,” Mow said. “Public markets are war. In war, you need all available tools at your disposal.” He framed the issue not as a rejection of Bitcoin accumulation, but as a question of corporate strategy. Strategy, led by Michael Saylor, has become the most closely watched public-market Bitcoin vehicle, and any discussion of possible Bitcoin sales carries weight because of the company’s role as a proxy for institutional BTC exposure. Mow argued that the more tools Strategy keeps available, the fewer angles adversaries have. A company that vows to “only ever do one thing,” he said, effectively hands a map to those trying to trade against it. By contrast, removing self-imposed limits makes the corporate treasury more difficult to game. He also pointed to Adam Back ’s BSTR structure as an example of a more explicit framework. According to Mow, BSTR told investors that if shares trade below mNAV, selling Bitcoin to buy back stock is on the table. The implication is that Bitcoin sales can be part of a shareholder-protection mechanism rather than a retreat from the underlying thesis. Mow connected the point to his own prior work on Bitcoin bonds. He said the instruments he designed included scheduled BTC sales after a five-year lockup, allowing issuers to return capital and share appreciation with bondholders. “Even the Bitcoin Bonds I designed had scheduled BTC sales baked into the design,” Mow wrote. “After a five-year lockup, the issuer begins selling Bitcoin to return capital and share appreciation with bondholders. Without that mechanism, the instrument could not function.” For Mow, the key distinction is between gross sales and net accumulation. He argued that a structure can sell Bitcoin at certain points and still leave the issuer with more BTC over time. He applied the same logic to Strategy, saying scheduled or conditional sales would not necessarily contradict its broader accumulation strategy. Mow also cited Saylor’s own recent language as evidence that the market should not be surprised by the possibility. In April, Saylor wrote that Strategy’s “BTC Breakeven ARR” was around 2.05%, adding that if Bitcoin grows faster than that over time, the company could cover dividends indefinitely without issuing new MSTR shares. “This implies that Bitcoin can cover dividends, which means selling Bitcoin to cover dividends,” Mow said.That is the more sensitive part of the debate. For many Bitcoin holders, “you do not sell your Bitcoin” has become a central rule of the asset’s culture. Mow did not reject that idea outright, but he narrowed its scope. “As an individual HODLer you shouldn’t sell your Bitcoin for no reason. Avoid selling if you can. That is the message. It is not literally ‘never sell and take it to the grave.’ You should of course sell it, use it, for important things in your life.” His conclusion was that Bitcoin treasury companies require a different operating doctrine. “Never sell,” in Mow’s framing, is a rule of thumb, not a binding corporate covenant. For Strategy and similar vehicles, the ability to sell Bitcoin when needed may be part of the mechanism that keeps the structure durable rather than a sign that the thesis has failed. At press time, BTC traded at 81,469.

7 May 2026, 12:50

Gold Holds Near Two-Week Highs as US-Iran Deal Optimism Weighs on Dollar

BitcoinWorld Gold Holds Near Two-Week Highs as US-Iran Deal Optimism Weighs on Dollar Gold prices remained elevated near two-week highs during Asian trading on Wednesday, as growing optimism over a potential nuclear deal between the United States and Iran weighed on the US Dollar and bolstered demand for the safe-haven metal. Spot gold hovered around the $2,730 per ounce mark, reflecting a cautious but positive sentiment in precious metals markets. Dollar Weakness Drives Gold Appeal The primary catalyst for gold’s recent strength has been a noticeable softening in the US Dollar Index (DXY), which fell to a two-week low as traders priced in the possibility of a thaw in US-Iran relations. A weaker dollar makes gold cheaper for holders of other currencies, increasing its appeal as an alternative store of value. Market participants are closely watching diplomatic signals, with reports suggesting that indirect talks between Washington and Tehran have made progress on key issues, including uranium enrichment levels and sanctions relief. This development comes at a time when the Federal Reserve’s monetary policy outlook remains uncertain. While the Fed has signaled a cautious approach to rate cuts, the dollar’s recent decline suggests that markets are increasingly betting on a more accommodative stance later this year, further supporting non-yielding assets like gold. Geopolitical Risk Premium Reassessed Historically, gold has benefited from geopolitical tensions, but the current dynamic is more nuanced. The prospect of a US-Iran deal reduces the risk of a broader conflict in the Middle East, which could theoretically reduce gold’s safe-haven premium. However, the immediate market reaction has been a rotation out of the dollar rather than out of gold. Analysts suggest that a successful deal could lead to increased global trade and lower energy prices, which in turn would reduce inflationary pressures and potentially allow central banks to ease policy faster—both positive factors for gold. “The market is interpreting a potential US-Iran deal as a net positive for risk assets, but the mechanism is through a weaker dollar, which directly supports gold,” said a senior commodities strategist at a European bank. “We are also seeing continued central bank buying, which provides a structural floor under prices.” Technical Levels and Market Outlook From a technical perspective, gold has broken above its 50-day moving average, a bullish signal that has attracted momentum-driven buying. The next resistance level is seen near $2,750, with a potential move toward the $2,800 psychological barrier if dollar weakness persists. On the downside, support is firmly established at $2,680, a level that has held during recent pullbacks. Market participants are also watching the upcoming US Consumer Price Index (CPI) data, which could influence both the dollar and gold prices. A softer inflation print would reinforce expectations of Fed rate cuts, providing additional tailwinds for gold. Conversely, a hotter-than-expected reading could temporarily strengthen the dollar and cap gold’s upside. Conclusion Gold’s resilience near two-week highs reflects a complex interplay of geopolitical optimism and macroeconomic forces. While a US-Iran deal could reduce certain geopolitical risks, its immediate impact on the dollar has created a favorable environment for the yellow metal. Investors should monitor diplomatic developments and upcoming economic data for further direction. For now, gold remains well-supported, with a bullish bias as long as the dollar remains under pressure. FAQs Q1: Why is the US-Iran deal affecting gold prices? Progress in US-Iran nuclear talks has weakened the US Dollar as traders anticipate reduced geopolitical tensions and potential changes in global oil supply. A weaker dollar makes gold cheaper for international buyers, boosting its price. Q2: Is gold a good investment during geopolitical uncertainty? Gold is traditionally viewed as a safe-haven asset during geopolitical turmoil. However, in this case, the market is reacting to the potential resolution of tensions, which is weakening the dollar and indirectly supporting gold. Q3: What are the key levels to watch for gold prices? Key resistance is at $2,750 and then $2,800 per ounce. Strong support lies at $2,680. A break above $2,750 could signal further upside momentum, while a drop below $2,680 might indicate a short-term correction. This post Gold Holds Near Two-Week Highs as US-Iran Deal Optimism Weighs on Dollar first appeared on BitcoinWorld .

7 May 2026, 12:45

USD/CAD Holds Tight Range as US-Iran Deal Hopes Weigh on Dollar, Sap Loonie Support

BitcoinWorld USD/CAD Holds Tight Range as US-Iran Deal Hopes Weigh on Dollar, Sap Loonie Support The USD/CAD currency pair is trading in a narrow, consolidative range as conflicting market forces keep both the US dollar and the Canadian dollar under pressure. Optimism surrounding a potential US-Iran nuclear deal has weakened safe-haven demand for the greenback, while simultaneously reducing geopolitical risk premiums that had indirectly supported the loonie. Market Drivers: Deal Hopes and Dollar Weakness Reports of progress in US-Iran negotiations have increased the likelihood of a renewed nuclear agreement, which could lead to the lifting of sanctions on Iranian oil exports. This prospect has pushed crude oil prices lower on expectations of increased global supply, a development that typically undermines the Canadian dollar given Canada’s status as a major oil exporter. However, the broader market reaction has been a rotation out of the US dollar, which has historically benefited from geopolitical tensions. The resulting dynamic has left USD/CAD trapped in a tight band as traders weigh the competing implications. Technical Picture: Consolidation with a Bearish Bias From a technical perspective, the pair has been unable to break above resistance near the 1.3700 level, while support around 1.3600 has held firm. The 50-day moving average is flattening, suggesting a loss of directional momentum. Analysts note that a decisive break below the 1.3580 support zone could open the door for a test of the 1.3500 handle, while a move above 1.3720 would signal renewed upside pressure. The current range-bound behavior reflects a market waiting for a clearer catalyst, whether from geopolitics, central bank policy, or economic data. Why This Matters for Traders The USD/CAD pair is highly sensitive to shifts in risk sentiment, oil prices, and relative interest rate expectations. The potential US-Iran deal introduces a unique cross-current: lower oil prices typically hurt the loonie, but a weaker US dollar — driven by reduced safe-haven demand — can offset that effect. Traders should monitor headlines from Vienna and Washington closely, as any concrete announcement could trigger a sharp breakout from the current range. Additionally, upcoming Canadian GDP data and US jobless claims figures may provide short-term direction. Conclusion USD/CAD remains locked in a tight trading range as the market digests the dual impact of US-Iran deal speculation. While the immediate outlook is uncertain, the balance of risks suggests a potential downside bias for the pair if a deal materializes and the dollar weakens further. However, a failure to reach an agreement could quickly reverse this dynamic, reinforcing the need for caution among short-term traders. FAQs Q1: Why does a US-Iran deal affect USD/CAD? A potential deal could increase global oil supply, lowering crude prices. Since Canada is a major oil exporter, lower oil prices typically weaken the Canadian dollar. However, the deal also reduces geopolitical tensions, which can weaken the US dollar as a safe haven, creating a complex tug-of-war in the pair. Q2: What is the key support and resistance for USD/CAD right now? Immediate support is near 1.3600, with a stronger floor around 1.3580. On the upside, resistance is at 1.3700, followed by 1.3720. A break beyond these levels could set the next directional move. Q3: How should traders approach this range-bound market? Traders should wait for a confirmed breakout above 1.3720 or below 1.3580 before taking directional positions. Until then, range-bound strategies or focusing on shorter time frames may be appropriate. Monitoring geopolitical headlines and oil price action is critical. This post USD/CAD Holds Tight Range as US-Iran Deal Hopes Weigh on Dollar, Sap Loonie Support first appeared on BitcoinWorld .

7 May 2026, 12:41

What are Ripple, Mastercard, Ondo and JPMorgan Planning With XRP Ledger?

Ripple, Mastercard, Ondo Finance and JPMorgan have completed a pilot transaction that used the XRP Ledger and bank payment infrastructure to redeem a tokenized U.S. Treasury fund across borders. The transaction involved Ondo’s Short-Term U.S. Government Treasuries fund, known as OUSG. Ripple redeemed part of its OUSG holdings on the XRP Ledger, while the related U.S. dollar payment was delivered to Ripple’s bank account in Singapore through JPMorgan’s correspondent banking network. The companies said the pilot tested a model for near real-time settlement outside standard banking cut-off times. It combined a public blockchain, tokenized fund redemption, Mastercard’s Multi-Token Network and Kinexys by JPMorgan in one transaction flow. XRP Ledger Processes Tokenized Treasury Redemption Ondo processed Ripple’s OUSG redemption on the XRP Ledger, a public blockchain used for digital asset settlement. The transaction represented the on-chain portion of the redemption process for a tokenized U.S. Treasury product. OUSG gives investors tokenized exposure to short-term U.S. government debt instruments. The product was launched in 2023 and has been issued across several blockchain networks, including Ethereum, Polygon, Solana and the XRP Ledger. After Ondo completed the redemption on the XRP Ledger, Mastercard’s Multi-Token Network routed the payment instruction to Kinexys by JPMorgan. Kinexys then debited Ondo’s Blockchain Deposit Account and supported the dollar transfer to Ripple’s Singapore account. Ripple said the pilot showed that institutions can use blockchain and global banking infrastructure in a single cross-border transaction process. Ondo said the transaction connected tokenized assets with the wider financial system through coordinated settlement. Mastercard and JPMorgan Connect Payment Rails Mastercard’s Multi-Token Network was used to link on-chain activity with fiat payment instructions. The network is designed to support interaction between tokenized assets and traditional financial accounts. JPMorgan participated through Kinexys, its blockchain-based payments and settlement platform. Kinexys supported the bank-side movement of U.S. dollars after the tokenized fund redemption took place on the XRP Ledger. The transaction placed one part of the process on a public blockchain and the other on regulated banking infrastructure. The companies said this approach may reduce reliance on separate manual instructions, wire transfers and limited banking hours for tokenized fund redemptions. The pilot also follows previous tokenization tests involving JPMorgan, Chainlink and Ondo Finance. Those earlier tests examined how tokenized U.S. Treasury funds could move between public and permissioned blockchain networks. Zack Chestnut, global head of commercialisation at Kinexys by JPMorgan, said institutional-scale tokenized markets require cooperation across public blockchains, global banks and payment networks. Mastercard’s Raj Dhamodharan said tokenized commerce is moving toward real-time use through existing bank accounts. Tokenized Treasury Settlement Expands Across Banks The pilot comes as tokenized U.S. Treasuries continue to gain activity in digital asset markets. These products allow investors to hold blockchain-based claims tied to funds backed by short-term government securities. Ondo said OUSG offers a 3.48% APY and has about $610 million in total value locked. The fund is one of several tokenized Treasury products being used by crypto firms, asset managers, and institutional investors. Activity on the XRP Ledger has also grown in real-world assets. Data cited from RWA.xyz showed the total value of tokenized real-world assets on the network above $3 billion, with tokenized U.S. Treasuries on the ledger reported above $418 million. The pilot was described as a near real-time, cross-border, and cross-bank redemption of a tokenized U.S. Treasury fund. It did not announce a full commercial rollout or a date for wider market use. The companies said the same structure could support redemptions from any public blockchain where OUSG is issued. That would allow tokenized funds to remain available across multiple networks while connecting to bank settlement systems. For Ripple, Mastercard, Ondo, and JPMorgan, the pilot tested how tokenized assets can be redeemed and settled with fiat payments across borders. The transaction adds to ongoing work by banks, payment firms, and blockchain companies to build financial market systems that can operate beyond traditional business hours.

7 May 2026, 12:26

Bitcoin analysts say this level must break for BTC price to confirm bottom

A slowdown in profit-taking and reclaiming $88,000 as support are prerequisites for BTC to confirm cycle bottom.