If you’ve ever wondered when is the right time to invest in Bitcoin (BTC), you won’t want to miss our latest interview with Matt Hougan. As the chief investment officer at Bitwise, Hougan provides an in-depth analysis, explaining why, from a risk-adjusted perspective, there has never been a more opportune time to buy Bitcoin.
In our discussion, Hougan lays out a compelling argument: Bitcoin’s early days were filled with uncertainty — technology risks, regulatory threats, trading inefficiencies, and reputational concerns. Fast forward to today, and those risks have significantly diminished. The launch of Bitcoin ETFs, adoption by major institutional investors, and even the US government’s strategic Bitcoin reserve have all cemented its place in the global financial ecosystem.
“Bitcoin is only 10% of gold. So just to match gold, which I think is just a stopping point on its long-term journey, it has to ten-x from here,” he said.
But that’s just the beginning. Hougan also touches on Bitcoin’s long-term price potential, why institutional adoption is about to accelerate, and how market fundamentals could push Bitcoin to new heights.
“There’s just too much structural long-term demand that has to come into this market against a severely limited new supply,” he said.
Bitfarms, a global computer infrastructure company known for its Bitcoin mining operations, has entered into a $300 million loan agreement with Macquarie Group to finance the development of its high-performance computing (HPC) data centers.
According to an April 2 announcement, Macquarie’s private debt facility will provide $50 million in initial funding for Bitfarms’ Panther Creek data center project in Pennsylvania.
The remaining $250 million will be released once Bitfarms achieves “specific development milestones at its Panther Creek location,” the announcement said.
Once developed, Panther Creek will have a nearly 500-megawatt capacity fueled by several power sources.
Panther Creek “will be sought after by HPC tenants once construction of the project is underway,” said Joshua Stevens, an associate director at Macquarie Group.
The project is being delivered at a time when AI applications are fueling growing demand for new sources of computational power and data storage capacity. Bitcoin miners are rushing to fill the void — and to secure reliable revenue streams for themselves in a post-halving environment.
However, Bitfarms disclosed in its recent quarterly report that it continues to face “regulatory challenges in expanding its energy capacity,” with the approval timeline ranging from 12 to 36 months.
Bitfarms mined 654 Bitcoin (BTC) in the final quarter of 2024 at an average all-in cash cost of $60,800.
Like other miners, Bitfarms has elected to retain a significant portion of its mined Bitcoin. Industry data shows it currently holds 1,152 BTC on its books, placing it among the top 25 publicly traded Bitcoin investors.
Miners like Hive Digital have doubled down on their long-term Bitcoin “hodl” strategy as a way to bolster their balance sheet. The company’s Bitcoin holdings have swelled to 2,620 BTC.
Meanwhile, MARA Holdings has accumulated 46,374 BTC and has announced plans for a $2 billion stock offering to acquire more Bitcoin.
Hive executives told Cointelegraph that the company has repurposed a portion of its Nvidia GPUs for such tasks. They said AI applications can generate more than $2.00 per hour in revenue, compared to just $0.12 per hour for crypto mining activities.
Sentient, an artificial intelligence development platform backed by Peter Thiel’s Founders Fund, has released an open-source AI search framework that it says outperforms leading closed-source competitors.
The company announced the public release of Open Deep Search (ODS) on April 2, describing it as a high-performance, developer-friendly alternative to platforms like Perplexity AI and OpenAI’s GPT-4o.
Sentient’s ODS aims to empower developers with open-source “Loyal AI” models, which Sentient says preserve the original intent of their developers.
The firm’s fingerprinting technology allows developers to protect intellectual property while maintaining model openness — aiming to solve the biggest issue of open-source AI, the challenges of monetizing a model without centralization.
“AI should belong to the community, not controlled by closed-source corporations,” according to Himanshu Tyagi, co-founder of Sentient and professor at the Indian Institute of Science.
“We’re building, monetizing and delivering open-source AI with a key principle in mind: singularity in intelligence but plurality in use cases,” he added.
”Open-source development ensures performance and user control that closed systems simply cannot match.”
Sentient’s ODS scored 75.3% accuracy on the “Frames” benchmark, which measures factuality, retrieval and reasoning capabilities, used to answer complex “multi-hop questions” that require the integration of multiple sources.
ODS surpassed OpenAI’s ChatGPT-4o Search Preview’s 50.5% and the Perplexity Sonar Reasoning Pro, which scored 44.4%.
To prevent potential bias, Sentient ensured that its researchers didn’t have access to the Frames testing sets during the benchmarking process.
Dobby NFT mint. Source: Sentient
“Independent verification is only needed for closed-source solutions because open-source solutions have no incentive to falsely report the evaluations,” Tyagi said, adding:
“Anyone with a computer can run our code, reproduce our results, and verify whether it is correct or not. The numbers reported can be reproduced using the repo’s eval section by anyone and thus are globally verifiable.”
The ODS release follows growing interest in Sentient’s platform. The firm said it amassed more than 1.8 million waitlist registrations in the lead-up to the launch.
The release of Sentient’s new open-source search framework comes amid a tipping point for open-source AI development.
“We’re witnessing a significant shift as open-source AI solutions increasingly challenge closed-source dominance,” Tyagi said.
“Examples such as DeepSeek’s advancements in reasoning, Manus’s innovations with agents, and now our own contributions to ODS with advanced AI search frameworks highlight this shift,” he added.
“Open-source models can easily outperform closed-source giants with the right architecture,” said Sewoong Oh, Sentient’s lead researcher and professor at the University of Washington. “The results of these benchmarks validate our mission to create an open ecosystem that benefits all AI builders and users.”
Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for commercializing stablecoins in Japan.
Under a Memorandum of Understanding, the companies will focus on developing strategies around issuing and circulating stablecoins pegged to the US dollar and Japanese yen, according to a joint announcement.
Additionally, the collaboration will explore stablecoins as a settlement mechanism for tokenized real-world assets such as stocks, bonds, and real estate.
Stablecoins continue to be a major focus of crypto regulatory frameworks worldwide, and one of the sectors venture capitalists are eyeing in 2025 as nation-states push stablecoins to the forefront of their digital asset strategies.
Stablecoins become central to US digital asset policy
Speaking at the White House Crypto Summit on March 7, US Treasury Secretary Scott Bessent said that comprehensive stablecoin regulation was central to President Donald Trump’s stated goal to become the worldwide leader in crypto.
Bessent said stablecoins would help protect US dollar hegemony in global markets by expanding the use and scope of the dollar across the world.
Centralized overcollateralized stablecoins rely on short-term US Treasury instruments and fiat money held in banks to back the value of the tokenized real-world assets.
According to Paolo Ardoino, the CEO of stablecoin issuer Tether, the company is now the seventh-largest buyer of US Treasury bills, beating out sovereign countries such as France, Singapore, Belgium, and the United Kingdom.
Stablecoin issuer Tether is now the seventh-largest buyer of US Treasury bills. Source: Paolo Ardoino
Stablecoin issuers like Tether and Circle accumulate the yield from holding US debt instruments as part of their profit from issuing tokenized fiat assets to buyers.
Recently, calls to share stablecoin yield with customers have escalated, with industry leaders like Coinbase CEO Brian Armstrong proposing that stablecoin laws change in the US to allow firms to distribute yield to clients onchain.
US Senator Kirsten Gillibrand disagreed with those proposals and warned against stablecoin issuers sharing yield with clients, arguing that it would displace the banking industry and disrupt home mortgage loans, small business loans, and local bank lending.
Volatility remained in the run-up to US President Donald Trump announcing a sweeping round of reciprocal trade tariffs.
The measures would be unveiled in an address from the White House Rose Garden at 4 pm Eastern Time, with Trump then holding a press conference.
While US stocks traded slightly down after the open, Bitcoin managed to claw back lost ground, acting in a key area of interest filled with long-term trend lines.
As Cointelegraph reported, these include various simple (SMA) and exponential (EMA) moving averages, among them the 200-day SMA — a classic bull market support line currently lost.
BTC/USD 1-day chart with 200 SMA. Source: Cointelegraph/TradingView
In his latest observations, popular trader and analyst Rekt Capital made additional reference to the 21-week and 50-week EMAs.
“The consolidation between the two Bull Market EMAs continues. However, the 21-week EMA (green) represents lower prices as it declines,” he wrote in a post on X alongside an illustrative chart.
“This week the green EMA represents $87650. The declining nature of this EMA will make it easier for $BTC to breakout.”
BTC/USD 1-week chart with 21, 50 EMA. Source: Rekt Capital/X
Rekt Capital flagged more bullish news in the making, thanks to BTC/USD attempting to break out of an extended downtrend on daily timeframes.
He confirmed:
“Bitcoin is one Daily Candle Close above & retest of the Downtrend away from breaking out into a new technical uptrend.”
Risk assets, it told Telegram channel subscribers on the day, were likely to “remain under pressure” following the tariffs announcement.
“In crypto, sentiment remains broadly subdued. BTC continues to trade without conviction, while ETH is holding the line at $1,800 support. Across the board, crypto markets are showing signs of exhaustion with numerous coins down 90% YTD, with some shedding over 30% in the past week,” it summarized.
“Without a material shift in macro or a compelling catalyst, we don’t expect a meaningful reversal. While light positioning could support a grind higher, we’re not chasing any upside moves until the broader macro picture improves.”
Previous tariff moves in Q1 almost unanimously delivered downward BTC price reactions.
Other industry participants were more hopeful, including asset management firm Swissblock, which argued that “no sign of an imminent collapse” occurred on Bitcoin.
“Will $BTC hold as a hedge, or follow TradFi into a pullback?” it queried in an X thread on March 31, describing BTC price action as being “at a crossroads.”
Swissblock saw the potential for a return to $76,000 multimonth lows in the event of a negative reaction — a drop of 11% versus current levels.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Update: the CTO of TradingView told Cointelegraph in comments that the reports of a bug were inaccurate, and the Twitter user partially withdrew his earlier claims that the tool was broken.
Popular chart analysis service TradingView reportedly contains a bug in the Fibonacci retracement technical analysis tool, according to a tweet by self-proclaimed certified Elliott wave analyst Cryptoteddybear published on June 13.
The Elliott wave principle is a type of technical analysis for predicting prices in financial markets by looking at recurring patterns.
In a video that he uploaded to YouTube, the analyst explains that the tool does linear calculations when in logarithmic charts, which he notes is a significant issue for Elliot wave traders. The official Twitter account of the company behind the charting service answered his tweet, announcing that the issue is being investigated, to which Cryptoteddybear answered:
“Thank you @tradingview for finally taking this issue seriously.”
The first reports of the bug, posted over five years ago (in November 2014) on consumer community platform getsatisfaction, have been reportedly ignored by the company. Another report submitted on the same platform, dated June 3, 2017, has seen the official TradingView account answer in the thread:
“Hi, you are right, we have a planned task to fix this. Thanks for bringing this to our attention.”
However, the problem apparently has not yet been solved. Cryptoteddybear claims that a company representative told him that he asked the technicians to increase the priority given to solving the bug.
As Cointelegraph recently reported, TradingView is one of the platforms that added the “CIX100” index — an AI-powered index for the 100 strongest-performing cryptocurrencies and tokens.
At the beginning of the current month, cryptocurrencyanalytics company Coin Metrics announced that it has acquired digital asset index firm Bletchley Indexes and plans to launch crypto smart beta indexes.
As of press time, TradingView has not responded to a request for comment.
The team behind First Digital USD (CRYPTO: FDUSD) addressed concerns regarding financial stability Wednesday after the dollar-backed stablecoin briefly depegged following allegations of insolvency by cryptocurrency entrepreneur Justin Sun.
What Happened:First Digital confirmed that it has processed the initial redemptions following the FUD. It also assured that FDUSD is fully backed 1:1 and that their redemption channels are functioning smoothly.
The first few redemptions after the recent FUD have been processed—please refer to the on-chain burn transactions.
FDUSD remains fully backed 1:1, and our redemption channels are operating smoothly. We will continue to process all redemption requests promptly.
The controversy erupted when Tron (CRYPTO: TRX) founder Justin Sun raised concerns about the company’s solvency and its ability to honor client redemptions.
“I strongly recommend that users take immediate action to secure their assets. There are significant …
Legendary stock picker Warren Buffett has refused to include cryptocurrencies, including Bitcoin (CRYPTO: BTC), in his firm Berkshire Hathaway Inc.’s (NYSE:BRK) (NYSE:BRK)portfolio, but the holding company, interestingly, has exposure to a firm that pitches the apex cryptocurrency as an inflation hedge.
What happened: According to the latest 13F filing, Berkshire Hathaway holds 433,558 shares of financial services company Jefferies Financial Group Inc. (NYSE:JEF), worth nearly $34 million.
The New York City-headquartered firm operates in investment banking and capital markets, and asset management businesses.
Notably, Jefferies holds a sizeable stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT), the world’s largest spot exchange-traded Bitcoin fund. Filings with the SEC revealed that …
Gold prices hit a new all-time high Wednesday as investors sought refuge in the safe haven following President Donald Trump’s sweeping tariffs that sent risk-on markets falling.
What happened: Spot gold rose 0.46% to $3,148.93 per ounce as of this writing, down slightly from the peak of $3,167 recorded earlier in the day. Gold futures on the Commodity Exchange were up 0.15% to $3,171.
With the latest uptick, the yellow metal extended its year-to-date gains to 20%.
The rise also boosted physical gold-backed cryptocurrencies. Tether Gold and PAX Gold rose 1.02% in the last 24 hours and over 20% since 2025 began.
In fact, the two cryptocurrency derivatives of gold were among the …
Popular dog-themed cryptocurrency Dogecoin (CRYPTO: DOGE) fell Wednesday after President Donald Trump’s tariff shock, extending its weekly losses to over 16%.
What Happened: The world’s largest meme reversed from the highs of $0.1787 to the mid-$0.1600 region as the new reciprocal tariff structure exceeded Wall Street’s worst-case expectations, sending stocks and cryptocurrencies tumbling.
DOGE has made a sharp U-turn since hitting $0.20 last week, losing more than 16% along the way. The price decline dampened speculative interest in the coin, causing the Open Interest in DOGE futures to fall 24% over the week, …
Tim Stokely, the founder of OnlyFans, and a cryptocurrencyfoundation have joined forces to place a late-stage bid for the acquisition of TikTok’s U.S. operations from ByteDance.
What Happened: The bid was put forth this week by Zoop, Stokely’s latest venture, and the HBAR Foundation, which manages the Hedera (CRYPTO: HBAR) blockchain network, according to details shared with Benzinga.
The official X account of HBAR also posted a cryptic message with the TikTok logo and reposted media reports about the bid. Zoop didn’t immediately return Benzinga’s request for a comment.
