Crypto
Bitcoin
A bitcoin sign (Chris McGrath/Getty Images)

Bitcoin flirts with all-time high as rally continues

Meanwhile, Strategy celebrated the fifth anniversary of its first bitcoin buy on Sunday.

Yaël Bizouati-Kennedy

Bitcoin continued to rally over the weekend, flirting with an all-time high around 2 a.m. ET Monday morning and passing the $122,000 mark, nearing the previous high of over $123,000 on July 14.

Bitcoin and other cryptocurrencies have been boosted by last week’s executive order, which allows crypto to be included in retirement plans.

Bitcoin ETFs, which saw outflows early last week, reversed that trend later to end the week with $260 million in inflows, according to CoinShares.

Dean Chen, an analyst at Bitunix Exchange, said that bitcoin is currently in a wait-for-confirmation phase. “Closely monitor tomorrow’s CPI release and Moody’s follow-up reports, as sudden macro headlines could instantly shift market direction,” Chen said.

  • Strategy celebrated the fifth anniversary of its first bitcoin purchase (21,454 bitcoin on August 10, 2020). And what better way to celebrate than to add more bitcoin? The uber stockpiler acquired 155 bitcoin for $18 million. Strategy, the largest corporate bitcoin holder, now holds 628,946 bitcoin.

  • French semiconductor company Sequans Communications acquired 13 bitcoin and now holds 3,171.

  • Capital B acquired 126 bitcoin. The French company now holds 2,201 bitcoin.

More Crypto

See all Crypto
Sage D. Young
7h
DeFi players scramble to plug bad debt from KelpDAO exploit

Industry heavyweights such as Lido, EtherFi, and Mantle have proposed substantial amounts of ethereum to backstop Aave, the largest lending protocol.

Electric socket
Yaël Bizouati-Kennedy
10h
Bitcoin ETFs take in more than $2 billion in 8 days

The path to $80,000 is clear in the short term, according to one analyst.

A Bitcoin ATM in Hong Kong...
Yaël Bizouati-Kennedy
dead-cat bounce?
4/23/26
Bitcoin faces $80,000 resistance level

“Out of the woods short-term? No. Bitcoin crossing $78K is a bounce, not a bottom,” according to Zaid Khan.

Walking The Divide: Nicosia, The World's Last Divided Capital
crypto
Sage D. Young

Justin Sun sues Trump-backed World Liberty over frozen tokens

Crypto billionaire Justin Sun, owner of the world’s most expensive banana, was named an adviser to World Liberty Financial the day after investing $30 million in the project. (He’d later boost that with $45 million more.) Sun has long been a supporter of President Trump, and has not once, but twice topped a competition to amass the most $TRUMP coins. But it seems even for Sun, the gold has turned brass.

Sun announced on social media that he’s filed a lawsuit in a California federal court against the crypto project backed by Trump. 

The lawsuit alleges World Liberty engaged in an “illegal scheme to seize property” and “positioned itself as the new boogeyman” by stripping Sun of his governance rights, threatening to burn his WLFI tokens, and freezing his stash, which at times were worth $1 billion, according to the complaint dated on Tuesday. 

“I have tried in good faith to resolve this situation with the World Liberty project team without resorting to litigation,” Sun wrote in a lengthy X post on Tuesday night. “But the project team has refused my requests to unfreeze my tokens and restore my rights as a token holder. They have left me with no choice but to turn to the courts.”

The complaint also alleged that World Liberty appears to be in financial trouble, citing concerns over whether the project can repay an on-chain loan that was collateralized by using, at the time, $5 billion worth of WLFI. The token reached an all-time low less than two weeks ago.

Despite the escalation with World Liberty, Sun said the lawsuit does not change his feelings about Trump or his administration. “I have always been — and remain — an ardent supporter of President Trump and his Administration’s efforts to make America crypto friendly,” he said. 

Blockchain billionaire Sun takes Trump family’s crypto firm to court

Blockchain billionaire Sun takes Trump family’s crypto firm to court

The lawsuit alleges World Liberty engaged in an “illegal scheme to seize property” and “positioned itself as the new boogeyman” by stripping Sun of his governance rights, threatening to burn his WLFI tokens, and freezing his stash, which at times were worth $1 billion, according to the complaint dated on Tuesday. 

“I have tried in good faith to resolve this situation with the World Liberty project team without resorting to litigation,” Sun wrote in a lengthy X post on Tuesday night. “But the project team has refused my requests to unfreeze my tokens and restore my rights as a token holder. They have left me with no choice but to turn to the courts.”

The complaint also alleged that World Liberty appears to be in financial trouble, citing concerns over whether the project can repay an on-chain loan that was collateralized by using, at the time, $5 billion worth of WLFI. The token reached an all-time low less than two weeks ago.

Despite the escalation with World Liberty, Sun said the lawsuit does not change his feelings about Trump or his administration. “I have always been — and remain — an ardent supporter of President Trump and his Administration’s efforts to make America crypto friendly,” he said. 

Yaël Bizouati-Kennedy
4/22/26
Analyst: “We are now clearly in a bull market phase” as bitcoin hits highest level since February

So far this month, bitcoin is up nearly 15%, surpassing April’s historical average.

A member of idol group Kasotsuka Shojo (Virtual Currency Girls) wearing a bitcoin mask

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.
©2026 Sherwood Media, LLC