Bitcoin’s Structural Resilience Shines Through Market Volatility

Despite a significant pullback from its all-time high of $111,880, Bitcoin continues to demonstrate underlying strength, according to Bitfinex analysts. The cryptocurrency’s 50% rally over 45 days faced strong resistance as renewed US tariffs triggered a bond selloff, pushing 30-year Treasury yields above 5% and dampening risk appetite across various asset classes. Derivatives markets present mixed signals, with open interest reaching a record $49.4 billion, indicating sustained investor interest even as prices face downward pressure. As of now, BTC is trading at 104,653.77 USDT, showcasing its resilience amid broader macroeconomic turbulence. This performance underscores Bitcoin’s growing role as a robust asset in volatile markets, with potential for future gains as macroeconomic conditions evolve.

Bitcoin Shows Structural Resilience Amid Macroeconomic Turbulence

Bitfinex analysts assert Bitcoin’s underlying strength persists despite a sharp retreat from its $111,880 all-time high. The 50% rally over 45 days met stiff resistance as reinvigorated US tariffs triggered a bond selloff, pushing 30-year Treasury yields above 5% and sapping risk appetite across assets.

Derivatives markets tell a tale of conflicting signals. While open interest surged to a record $49.4 billion—reflecting heightened hedging and speculative positioning—the leverage flush appears more a healthy reset than systemic weakness. "This correction cleanses excess after one of crypto’s most parabolic recoveries," the report notes, drawing parallels to historical consolidation phases.

The macroeconomic crosscurrents arrive as on-chain data shows substantial profit-taking from institutional holders. Yet the very scale of derivatives activity suggests traders anticipate continued volatility, keeping powder dry for the next directional move.

Tech Giants Reject Bitcoin: A Conservative Stance or Missed Opportunity?

Meta, Microsoft, and Amazon have collectively dismissed the idea of adding Bitcoin to their corporate treasuries, with Meta’s shareholders overwhelmingly rejecting the proposal. Only 0.1% of votes supported the motion, signaling a cautious approach among tech behemoths toward cryptocurrency adoption.

Matthew Sigel of VanEck argues these firms are overlooking Bitcoin’s potential as a hedge against fiat depreciation. "They’re sitting on $30 billion in cash—a speculative bet on the dollar," he notes. Yet, with bitcoin holdings still rare among Fortune 500 companies, the institutional adoption narrative faces headwinds.

GameStop’s $519 million BTC purchase remains an outlier. Most corporations diving into Bitcoin—like MicroStrategy—are exceptions rather than trendsetters. The silence from cash-rich giants like Google and Netflix speaks volumes about Wall Street’s lingering skepticism.

Russia’s Sberbank to Launch Bitcoin Derivatives, Signaling Institutional Crypto Adoption

Russia’s largest bank, Sberbank, with $626 billion in assets, is making a decisive move into cryptocurrency by introducing Bitcoin-linked financial products. The bank will offer structured bonds tied to Bitcoin’s price and the USD/RUB exchange rate, enabling qualified investors to gain crypto exposure without direct ownership. These ruble-denominated bonds cater to domestic investors, bypassing the need for digital wallets or foreign currency transactions.

In a further expansion of its crypto offerings, Sberbank plans to list Bitcoin futures on the Moscow Exchange through its SberInvestments platform starting June 4, 2025. This development underscores growing institutional confidence in Bitcoin, even amid global regulatory scrutiny. The move positions Sberbank as a bridge between traditional finance and digital assets, reflecting Russia’s broader embrace of cryptocurrency instruments.

Nasdaq-Listed Reitar Logtech Plans $1.5 Billion Bitcoin Purchase

Hong Kong-based Reitar Logtech, a Nasdaq-listed company, has announced plans to acquire 15,000 BTC, valued at approximately $1.5 billion. The MOVE aims to establish a Bitcoin treasury and explore future logistics real estate projects involving digital assets.

The company filed a 6-K document with the U.S. Securities and Exchange Commission, outlining its strategy to expand into new markets through this initiative. Reitar Logtech joins a growing trend of publicly-traded firms seeking Bitcoin exposure, following the path of MicroStrategy’s pivot to become the largest corporate BTC holder.

Meta Shareholders Reject Bitcoin Treasury Proposal in Landslide Vote

Meta’s shareholders delivered a resounding rejection of a proposal to allocate part of the company’s $72 billion cash reserves to Bitcoin. Only 3.92 million votes supported the measure against nearly 5 billion opposed, according to a May 28 SEC filing.

The initiative, spearheaded by Strive wealth manager Ethan Peck, sought to position Bitcoin as a strategic reserve asset—a corporate hedge against inflationary pressures. Peck’s parallel efforts targeting Microsoft and Amazon reflect a growing, if still contested, institutional interest in cryptocurrency as treasury management tool.

While Meta maintains no crypto holdings, its aborted Libra stablecoin project in 2019 revealed early blockchain ambitions. The company’s current stance contrasts with Peck’s argument that tech giants should treat Bitcoin as monetary ’war chest’ amid macroeconomic uncertainty.