Happy Tuesday!

Bitcoin has finally got a rally going and is up 6% during the first few days of May: is a ‘god candle’ loading, as one analyst predicts?

Strategy reports earnings after the bell today and everyone’s wondering: will Phong Lee, the MSTR CEO, announce new plans for Bitcoin acquisitions?

Plus, join Cboe and Benzinga for an exclusive online webinar at 11 a.m. ET on Thursday to learn how to use time option expirations to take advantage of volatility. 

TOP STORY

Bitcoin Up 6% In May: Is A 'God Candle' Coming?

Bitcoin is up 6% in May, clearing $81,000 — but the rally is happening in near silence.

Network activity sits at two-year lows: daily transfer counts around 531,000 and new wallet creation at just 203,000, both well below prior cycle levels.

No retail. No crowd.

Analyst Taiki Maeda calls it "green candle therapy" — a rapid sentiment-shifting surge driven by institutional accumulation after early sellers already capitulated.

His read: the four-year cycle is dead, flow is what matters, and the structure right now looks like the early stage of a broader uptrend where fear persists even as prices recover.

SPONSORED CONTENT

Learn How To Time The Markets With Options In This CBOE And Benzinga Webinar

Managing risk in volatile markets can be tricky, but for options traders  opportunities abound. But you have to be careful with the timing. After all, time to expiration of options is a big consideration that can influence potential outcomes. Join Cboe and Benzinga for an exclusive online webinar at 11 a.m. ET on Thursday to learn how to use time option expirations to take advantage of volatility. 

Through the webinar you will learn what 0DTE and LEAPS® are, how time to expiration influences trading decisions and outcomes, and how spreads may be used to define risk around exercise and settlement. Whether you are new to options trading or a veteran, this webinar will help you take your option trading to the next level. 

This is a paid ad. Please see 17b disclosure here for more information.

QUICK N DIRTY

Bitcoin, Ethereum, XRP are rallying on Tuesday, with crypto markets taking the mantle from traditional finance for momentum: here’s what else is driving markets today.

Bitcoin has hit $81,000 and the rally may just be getting started: here are some reasons why it might literally pay to be bullish right now.

XRP bulls, on the other hand, are getting anxious: XRP is getting institutionally adopted but the token remains stuck below $1.50 — what gives?

FINTECH FOCUS

Michael Saylor Buys 260,000 Bitcoin In 1 Year As MSTR Breaks Out: Can Earnings Push It To $200?

Strategy reports Q1 2026 earnings today after adding 262,884 Bitcoin in a single year — growing holdings 47% from 555,450 BTC to 818,334 BTC, now representing 3.9% of Bitcoin's entire fixed supply.

Only Satoshi Nakamoto holds more.

The competition is building — Twenty One Capital at 43,514 BTC, MARA Holdings at 38,689, and Japan's Metaplanet at 35,102 — but Strategy still controls roughly two-thirds of all corporate-held Bitcoin globally.

The chart is breaking out…

BEFORE YOU GO

Were you forwarded this email? Click here to subscribe.

And be sure to check out our other newsletters:

Ring The Bell: Created for market enthusiasts by market enthusiasts, this daily newsletter delivers top stories, fast movers and hot trade ideas straight to your inbox. Subscribe here.

Advisor: Tailor-made for Financial Advisors, this weekly newsletter has industry-specific insights, analysis and news. Subscribe here.

Tech Trends: Get the inside scoop on AI, the hottest gadgets and mind-blowing tech trends. Subscribe here.