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CoinWorld News reports that MicroStrategy has paused its Bitcoin purchases for this week due to the upcoming Q1 earnings report and concerns over its preferred stock dividends. According to a post by Michael Saylor on social media, the company stated “no purchases this week,” breaking its regular accumulation pattern. SEC Form 8-K shows that Strategy acquired 3,273 Bitcoins between April 20 and 26, costing approximately $255 million, funded by the sale of 1,451,601 shares of MSTR Class A stock. Yahoo Finance reports that the average purchase price was $77,906 per Bitcoin. The total number of Bitcoins the company holds has reached 818,334 coins, with an acquisition cost of about $61.81 billion, a current value of approximately $63.7 billion, and an unrealized gain of about $1.9 billion. Despite concerns over STRC dividends,

Crypto news, CFTC has received over 1,500 public comments on the proposed rules for event-based prediction market contracts, with the comment period now closed. Kalshi states that the framework is well-designed and calls for clarity to allow event contracts to continue listing, trading, and regulation; Polymarket reaffirms its exclusive jurisdiction over prediction markets. Andreessen Horowitz criticizes state-level regulation for creating barriers to fair access. Meanwhile, Kalshi, Polymarket, and Coinbase are involved in lawsuits over sports event contracts, and the CFTC has initiated legal actions against at least five state governments to defend its jurisdiction.

Veteran trader Peter Brandt predicts that if the bottom is reached later this year, Bitcoin could reach $250k by 2029. Currently around $80k, the bear market is expected to bottom out around October 2026, followed by another bull run, with the target anticipated to be reached later in 2029. The prediction is based on the historical pattern of Bitcoin halving cycles and the 16-18 month peak after halving; if the price deviates, a reassessment will be conducted.

Cryptocurrency prices returned to $80k at the start of the Asian trading week, reaching a new high in a month, but on-chain data has not fully confirmed the upward trend. CryptoQuant indicates that the rally is driven by somewhat untrustworthy buying activity, with April's increase fueled by perpetual contract demand, while spot demand remains shrinking. Over the past three weeks, U.S. stock spot ETF inflows totaled approximately $2.7 billion, with total assets exceeding $100 billion providing support. Market maker Flowdesk states that leveraged long demand is rising, especially for assets like ETH and NEAR, but the market should be cautious of retracement risks caused by insufficient underlying buying interest. Traders estimate a 56% chance of reaching $85k this month and a 23% chance of hitting $90k.