Strategy (MSTR) Pops 9% As Bitcoin Price Gets Back To $78k

Shares of Strategy (NASDAQ: MSTR) surged roughly 9% on Friday as Bitcoin clawed back to the $78,000 level.

This movement comes just days after Executive Chairman Michael Saylor delivered a headline-grabbing keynote at the Bitcoin 2026 conference in Las Vegas.

MSTR climbed above $180 per share during Friday’s session, building on a prior close near $165. The move tracked Bitcoin’s intraday advance, which pushed BTC to $78,961 as of Friday afternoon, according to Bitcoin Magazine Pro data.

The rally is building up a welcome reprieve for MSTR investors who have endured a brutal stretch — the stock remains down more than 70% from its November 2024 all-time high above… Read more on BitcoinMagazine

Exodus (EXOD) Announces Official UFC Deal And Exodus Pay

JP Richardson, co-founder and CEO of Exodus Movement (NYSE American: EXOD), opened part of the Exodus Summit today in Omaha, Nebraska, with an announcement about where he thinks the company’s customers already are.

Exodus is becoming the official payments partner of the UFC, Richardson said, with the partnership going live June 1. 

This launch coincides with the UFC staging its “Freedom 250” fight event on the White House lawn to mark the 250th anniversary of the United States, making it the first UFC event held on those grounds. Branding will appear inside the octagon, in broadcast spots, and through activation footprints at the venue itself.

“As the fans walk…

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Galoy Unveils Bitcoin Banking ‘Sidecar,’ Helps Banks With BTC

Galoy is widening its push into U.S. banking at a moment when many institutions still wrestle with how, or whether, to bring Bitcoin into their product stack. 

Ahead of this week’s Bitcoin 2026 conference in Las Vegas, Galoy unveiled an expanded version of its Bitcoin-native core banking platform, aiming to turn a fragmented set of experiments into something closer to a coherent operating model for banks and credit unions.

The update bundles six core use cases into a single system: Bitcoin-backed lending, Lightning payments, stablecoin payments aligned with emerging legislative frameworks, Bitcoin exchange under the OCC’s riskless principal model, custody options, and…

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Will Bitcoin’s Strength Make XRP, Dogecoin Obsolete? Here’s Why It Could Happen

Bitcoin (CRYPTO: BTC) is increasingly seen as digital gold by institutional investors, but altcoins are losing appeal, according to industry insiders.

Bitcoin’s Strength Against Speculative Coins

In an Apr.28 CNBC interview, Mark Wong, Head of Trading at Independent Reserve, highlighted scarcity as Bitcoin’s core strength.

Wong explained that altcoins tend to move in cycles influenced by shifting themes rather than consistent institutional conviction.

He pointed to a growing preference among investors for more established, utility-driven projects as opposed to speculative meme coins.

Sandwich Class Seek BTC

Wong compared the BTC vs. speculative meme coins approach to distinguishing…

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MSTR Surges 33% In April: Is Peter Schiff Wrong About The ‘Largest Ponzi In The World’? – Strategy (NASDA

Strategy Inc. (NASDAQ:MSTR) surged 33% in April, ending eight consecutive months of declines despite Peter Schiff calling STRC “the largest Ponzi in the world.”

Four Catalysts Drove The April Rally

Strategy made four separate Bitcoin purchases in April totaling 56,235 BTC for approximately $4.1 billion. 

The monster purchase came April 13 to 19 when Strategy bought 34,164 BTC for $2.54 billion at an average of $74,395, its largest acquisition since November 2024. 

STRC Fueled The Buying Power

Strategy raised $3.3 billion in April through STRC, its perpetual preferred stock paying 11.5% yields. 

STRC grew from zero to $5 billion in seven months, faster than Apple’s iPhone and Google…

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Ripple Exec Disappoints XRP Bulls: ‘If $10,000 XRP Was Real, It Would Already Be $20’

The Market Efficiency Argument

The discussion started when an X user asked Schwartz to respond to theories suggesting XRP could reach $10,000 based on a valuation model popularized by Chris Burniske using the formula Price = PQ / (V × S).

“If there were a few very rich, very rational people who really believed that there was a 1% chance that XRP could hit $10K in 10 years, they’d bid XRP up to at least $20 today,” Schwartz posted. 

“Why aren’t they? Conspiracy?” he added.

With XRP currently trading around $1.37 and holding a market cap near $85 billion, his comments highlight a gap between community expectations and market reality.

The Elon Musk Context

The exchange came after…

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Dogecoin Jumps 10% In A Week: What Is Going On?

Dogecoin (CRYPTO: DOGE) rose 10% over the past week, supported by a sharp increase in on-chain activity and whale accumulation.

Network Activity Spike

Data from Santiment shows Dogecoin saw 739 large transactions (each over $100,000) in a single day, its highest level in six months.

At the same time, holdings among large wallets continue to concentrate. Wallets containing 100 million DOGE or more, totaling 149 addresses, now control approximately 108.52 billion DOGE, valued at about $11.6 billion.

Analysts say the recent price gain of roughly 14% over 10 days appears to be driven primarily by accumulation from large holders rather than broad retail participation.

Open interest in Dogecoin…

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Bitcoin Reclaims $77,000, Ethereum, XRP, Dogecoin Bump 1%

Bitcoin trades above $77,000 on Friday morning as Bitcoin ETFs saw $14.8 million in net inflows on Thursday, while Ethereum ETFs reported $23.6 million in net outflows.    

Meme coin market capitalization is trading 1.3% higher to $36.6 billion over the past 24 hours.

Trader Commentary: 

Michael van de Poppe said Bitcoin typically starts the month with strength, supported by ETF inflows and fresh capital allocation.

He noted that the short-term trend remains bullish, with a breakout above $79,000 potentially opening the path toward the $86,000 to $88,000 range. Such a move could also improve sentiment across altcoins.

Ted Pillows said Ethereum continues to consolidate despite broader…

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Stock Market Today: Dow Jones, S&P 500 Futures Gain As Trump Administration Evades War Powers Deadline— A

U.S. stock futures were mixed on Friday, following Thursday’s record advances following mega-cap earnings.

Meanwhile, the Donald Trump administration leveraged the three-week-old ceasefire to avoid a congressional 60-day deadline under the War Powers Resolution to withdraw troops from Iran.

Meanwhile, the 10-year Treasury bond yielded 4.39%, and the two-year bond was at 3.89%. The CME Group’s FedWatch tool‘s projections show markets pricing a 94.8% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.

IndexPerformance (+/-)Dow Jones0.09%S&P 5000.08%Nasdaq 100-0.11%Russell 2000-0.12%Stocks In FocusApple
Apple Inc. (NASDAQ:AAPL) was up… Read more on Benzinga

North Korea-Linked Hackers Make April The Worst Month For Crypto Hacking By Incident Count

April saw the highest number of cryptocurrency hacking incidents on record, compounding challenges for an industry grappling with a bear market.

Crypto Hacks Hit A 14-Month High

DeFiLlama, a decentralized finance analytics platform, posted an X chart highlighting a dramatic rise in monthly incidents during April, reaching nearly 30 and far above historical peaks.

Hackers stole $635.24 million in April, the highest monthly total since Bybit’s infamous $1.4 billion exchange heist in February 2025.

The Infamous Cases

In the KelpDAO incident, the hacker targeted a cross-chain bridge, powered by interoperability protocol LayerZero, and robbed restaked Ethereum (CRYPTO: ETH).

The Drift…

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