hodler

25 May 2026, 10:50

$275 Millon Added to RLUSD as XRP Ledger Network Activity Rises

Ripple USD stablecoin (RLUSD) expands with $275 million liquidity boost.

25 May 2026, 10:48

BNB Chain’s Speed Upgrades Could Fuel Its AI Growth

25 May 2026, 10:48

Ethereum Community Pushes for $1B Group to Save ETH as Ether Struggles at $2,100

25 May 2026, 10:42

Strategy Skips Bitcoin Buys This Week as BTC Demand Hits Five-Month Low

Strategy has paused its Bitcoin purchases this week as the company moved to repurchase convertible debt, while Bitcoin demand metrics weakened to their lowest level in five months. Strategy Executive Chairman Michael Saylor confirmed the pause in a post on X, saying the company bought bonds instead of Bitcoin this week. He described the move as part of the firm’s broader capital management plan, as investors monitored both Bitcoin’s price weakness and the recent decline in MSTR stock. The pause comes as Strategy plans to repurchase nearly $1.5 billion in face value of its 0% convertible senior notes due 2029 for about $1.38 billion in cash. Company filings said the repurchase may be funded through existing cash, proceeds from at-the-market stock sales, and possible Bitcoin sales. Strategy Shifts Focus to Convertible Debt Strategy’s decision to buy bonds instead of Bitcoin has drawn attention because the company has been one of the largest corporate buyers of BTC. Its treasury strategy has centered on raising capital through equity, preferred shares and debt to increase Bitcoin per share over time. The company, as we reported recently, disclosed that it bought 24,869 BTC for about $2.01 billion using proceeds from STRC perpetual preferred shares and MSTR stock sales. Even after this week’s pause, Strategy remains the largest known corporate Bitcoin holder. Strategy currently holds 843,738 BTC, valued at about $65.25 billion based on current market prices cited in the source material. The company acquired those holdings for roughly $63.88 billion, leaving it with about $1.5 billion in unrealized gains. Saylor has said the latest bond repurchase does not mark a retreat from the company’s Bitcoin strategy. He has described Strategy’s model as a data-driven capital allocation system that uses cash, equity, credit instruments and Bitcoin to manage long-term shareholder value. Michael Saylor Leaves Door Open to Bitcoin Sales As we reported, Saylor recently said it was “not unlikely” that Strategy could sell some Bitcoin before the end of 2026. He commented during an interview with Natalie Brunell while discussing how the company may manage its balance sheet. According to Saylor, Strategy’s goal remains maximizing Bitcoin per share by 2033. He said the firm may use a flexible mix of equity sales, credit instruments, dollar reserves and limited Bitcoin sales if market conditions require it. He also said any Bitcoin sale would likely be small compared with Bitcoin’s daily liquidity, which he estimated at $20 billion to $50 billion. Saylor argued that the company could still acquire far more Bitcoin than it sells if it uses proceeds and financing tools effectively. The company’s preferred stock products, including STRF, STRD and STRK, are expected to remain part of its capital structure. Saylor said convertible bonds are liabilities Strategy intends to reduce over time, while preferred shares remain useful financing tools. Bitcoin Demand Drops to Weakest Level of 2026 The Strategy pause comes as Bitcoin’s apparent demand has fallen to its most negative reading since the beginning of the year. The metric has moved near minus 147,000 BTC, a level last seen in December 2025. Apparent demand compares new Bitcoin issuance with the amount of supply that has remained inactive for more than one year. It is used to estimate whether structural accumulation is strong enough to absorb newly mined BTC. Source: X The latest reading suggests that demand has continued to contract. Analysts say weak spot demand makes it harder for Bitcoin to sustain a lasting rally if price action is driven mostly by futures markets. Futures trading can support short-term moves, but broader spot buying is usually needed to build a steadier foundation for upward price action. The current demand weakness has added to caution across the market. Saylor has continued to argue that Bitcoin will outperform the S&P 500 over time. He has said Bitcoin may deliver long-term growth strong enough to support Strategy’s digital credit products, including preferred stock with an 11.5% tax-deferred dividend structure.

25 May 2026, 10:40

British Pound Faces Upside Risk to 1.3530 Against US Dollar, Says UOB

BitcoinWorld British Pound Faces Upside Risk to 1.3530 Against US Dollar, Says UOB Analysts at United Overseas Bank (UOB) have flagged a potential upside risk for the British Pound (GBP) against the US Dollar (USD), with the currency pair possibly testing the 1.3530 level in the near term. The assessment comes amid shifting market sentiment and evolving economic data from both the UK and the United States. UOB’s Technical Outlook on GBP/USD According to UOB’s latest FX strategy note, the GBP/USD pair has shown resilience in recent trading sessions, supported by a combination of technical factors and broader market dynamics. The bank’s analysts highlight that a break above the 1.3450 resistance zone could open the door for a move toward 1.3530, a level not seen since early this year. The outlook is based on short-term momentum indicators and price action patterns observed over the past week. UOB notes that the pound’s strength is partly driven by expectations that the Bank of England may maintain a more hawkish stance relative to the Federal Reserve, particularly if UK inflation data remains sticky. Market Context and Key Drivers The British Pound has been navigating a complex environment. On one hand, the UK economy has shown signs of resilience, with GDP figures beating modest expectations and the services sector remaining robust. On the other hand, the US Dollar has been under pressure as markets price in potential rate cuts by the Federal Reserve later this year, following softer-than-expected jobs data and a cooling housing market. UOB’s analysis also factors in external risks, including geopolitical developments and commodity price fluctuations. The pound’s recent gains have been supported by a weaker dollar rather than a fundamental shift in UK economic strength, suggesting that the upside may be capped unless UK-specific catalysts emerge. Implications for Traders and Investors For currency traders and investors with exposure to GBP/USD, the UOB outlook provides a tactical reference point. A move toward 1.3530 would represent a gain of approximately 0.6% from current levels, offering potential short-term opportunities. However, analysts caution that the pair remains vulnerable to sudden reversals, particularly if US economic data surprises to the upside or if risk appetite deteriorates. The broader context also matters: the GBP/USD pair has been range-bound for several weeks, and a break above 1.3530 could signal a more sustained trend shift. Conversely, failure to hold above 1.3350 could invalidate the bullish case. Conclusion UOB’s assessment adds to the growing chorus of analysts watching the GBP/USD pair closely as it approaches key technical levels. While the upside risk to 1.3530 is clearly flagged, the sustainability of any move higher will depend on incoming economic data, central bank commentary, and global risk sentiment. Traders should remain alert to these factors and avoid over-leveraging based on a single analyst’s view. FAQs Q1: What is the significance of the 1.3530 level for GBP/USD? The 1.3530 level is a key technical resistance point identified by UOB. A break above it could signal further upside momentum, while failure to breach it may indicate the pair remains range-bound. Q2: Why does UOB expect the British Pound to strengthen? UOB’s outlook is based on technical factors, including short-term momentum and price action, as well as expectations that the Bank of England may keep interest rates higher for longer compared to the Federal Reserve. Q3: What risks could prevent GBP/USD from reaching 1.3530? Key risks include stronger-than-expected US economic data, a shift in Federal Reserve policy toward rate hikes, geopolitical instability, or a sudden decline in risk appetite that boosts demand for the US dollar as a safe haven. This post British Pound Faces Upside Risk to 1.3530 Against US Dollar, Says UOB first appeared on BitcoinWorld .

25 May 2026, 10:30

American Mega Bank Is Dumping Its Ethereum Holdings, Here’s What It’s Buying

Ethereum is losing ground inside one of America’s largest banking portfolios as Bank of America sharply pivots toward Bitcoin-linked investment products. Fresh SEC filings from the banking giant reveal a noticeable reshuffling of its crypto exposure during the first quarter, with Ethereum and Solana positions reduced while Bitcoin allocations expanded aggressively through spot ETFs and indirect treasury exposure. Ethereum Retreats, Bitcoin Expands The latest 13F filing from Bank of America paints a clear picture of where institutional conviction is shifting. While the bank still maintains exposure across several crypto-related products, recent reports indicate that Bitcoin now dominates its digital asset strategy by a wide margin. Related Reading: Bitcoin Upper Trendline Resistance Is Holding Price Back, Can It Push It Below $60,000? Analyst Answers At the center of that move is BlackRock’s iShares Bitcoin Trust (IBIT), which became the bank’s largest crypto holding after a substantial increase during the quarter. Regulatory documents show Bank of America lifted its IBIT exposure to roughly $37 million, making the ETF responsible for nearly 70% of the bank’s crypto investment portfolio while holding 972,590 shares of the fund. At the same time, exposure tied to Ethereum products moved in the opposite direction. The filing reflected a reduction in Ethereum-linked allocations alongside cuts to Solana-related investment products. Smaller holdings connected to XRP and Solana ETFs also appeared in the disclosure, though the bank’s allocation toward those products remained comparatively limited. Rather than spreading capital evenly across the digital asset market, the portfolio changes suggest Bank of America is concentrating on Bitcoin as the preferred institutional-grade crypto asset. Moreover, the bank also maintained positions in Fidelity’s FBTC, Bitwise’s BITB, and several Grayscale Bitcoin products. However, none came close to the scale of the IBIT allocation, reinforcing Bitcoin’s growing dominance within the institution’s crypto strategy. Wall Street’s New Favorite Trade Bank of America’s repositioning did not happen in isolation. Across Wall Street, major financial firms are quietly increasing Bitcoin exposure even as broader crypto markets remain volatile. The filing also revealed that Bank of America owns nearly 3.96 million shares of MicroStrategy, a position valued at roughly $660 million. Because the software company continues accumulating Bitcoin as its primary treasury reserve asset, the investment gives the bank another layer of indirect Bitcoin exposure beyond ETFs alone. Related Reading: The Last Time Bitcoin Printed This Ugly Candle, It Tanked; Now It Has Returned Other financial giants are moving in a similar direction. Morgan Stanley reportedly holds one of the largest spot crypto ETF portfolios among traditional banks, with more than $1 billion tied to regulated digital asset products. Goldman Sachs has also maintained sizable positions in BlackRock’s IBIT alongside Fidelity’s FBTC fund, while JPMorgan expanded its crypto-related exposure during the quarter despite CEO Jamie Dimon’s well-known skepticism toward Bitcoin. Together, these portfolio moves point to a broader shift taking shape across traditional finance, where regulated Bitcoin investment vehicles are drawing deeper interest from banks, asset managers, and hedge funds. Bank of America’s latest filing ultimately fits squarely within that pattern, underscoring how Bitcoin is increasingly becoming the centerpiece of Wall Street’s crypto playbook. Featured image created with Dall.E, chart from Tradingview.com