Crypto news and market trends | Bitpanda Weekly Wrap #10

Key price movements

BTC: -5.59%, €92,922.04
ETH: -2.23%, €2,316.45
S\&P 500: +1.30 %
Euro Stoxx 50: +0.28%

Prices as of 10am, 30 May 2025

Company treasuries, lawyers, and regulators are the big focus this week (don’t worry, it’s not as dry as it sounds) - but before we dive into that, a quick update on the food from Trump’s crypto dinner. We hoped last week the food would be worth the price tag, and from the pictures we’ve seen circulating on social media, it wasn’t.

Onto price moves - the headline for Bitcoin is that it’s holding steady after hitting a new all-time high last week. Despite sticking to a tight 5% range, BTC remains well above its 200-day moving average, with market dominance now above 60%. As you’ll read below, some of this is being driven by companies stocking up their corporate treasuries.

In the wider market, while the S&P is still around 5% below its all-time high, it is up 22% from its April lows. The most recent surge came after a US trade court blocked most of President Donald Trump's tariffs on Wednesday. This decision was then reversed late Thursday by the US Court of Appeals for the Federal Circuit. So, nothing is decided, and for now, the tariffs can go ahead…for now. More to come, no doubt.

Explore the latest crypto prices, stock prices, and market trends.

AI: Burritos vs Bureaucracy

*TL;DR: Nvidia’s making billions off AI while Europe’s regulatory hesitation continues.*

If Nvidia’s latest earnings are anything to go by, AI is still driving pretty significant revenues. The chip giant blew past expectations with $44 billion in quarterly revenue, despite being locked out of the massive Chinese market due to export controls.

Markets had expected the loss of $2.5 billion in potential sales to somewhat slow down the chip maker, but the company has made the shift from its chips being used to train models to its chips being used to actually do things. The example given on the earnings call was of KFC and Taco Bell using AI as part of their operations (a pretty big market in the US).

Across the Atlantic, though, the mood is less celebratory as the EU’s ambitious AI Act may be getting a regulatory rethink. Brussels is reportedly considering a pause on enforcement, as businesses and policymakers wrestle with how to implement complex rules without strangling innovation. Some of the most vocal opposition has come from US AI giants, who have called the regulations too burdensome.

It’s a cliche comparison, but when the biggest headline from the US this week on AI is how much money Nvidia is making, and the biggest headline from the EU is that regulations are too complicated…it’s a bad look.

Bitcoin on the balance sheet

*TL;DR: More companies are adding Bitcoin to their balance sheets, and as they grow their exposure, it could become a major factor in Bitcoin’s long-term price stability.*

In the last few months, Bitcoin has quietly been working its way onto the balance sheets of some major companies who are tired of holding cash and watching it erode in low-yield accounts. The first major headline-grabbing instance of this happening was obviously MicroStrategy back in 2020, but since then they’ve been joined by names like Tesla, Riot Platforms, Marathon Digital and, soon, Trump Media.

It’s not unusual for companies to make investments with some of their surplus cash, but the rising popularity of Bitcoin as a choice of investment is. The logic is simple: in a world of rising debt, uncertain rates, and currency devaluation, Bitcoin looks more and more attractive as a hedge. Add in the brand value - signalling you're tech-forward and tuned into the future of money - and it becomes a two-in-one play: protection and positioning.

Of course, no investment decision is without risk, and volatility and regulatory headwinds remain. But for a growing number of CFOs, the bigger risk might be not having exposure.

The trend is also going to play an important role in Bitcoin’s future price moves. Corporate treasuries are stickier than retail accounts, and their buying power is far greater.

Crypto comings and goings

*TL;DR: Easier crypto payments at checkout, and greed is holding strong in the market - but altcoin season? Still on pause.*

One more fun crypto-related story this week: Square’s parent company, Block, is rolling out BTC payments to all 4 million of its sellers. The rollout will begin in the second half of 2025 and should reach all eligible Square sellers by 2026. This is a pretty major change in how easy it will be for people to use BTC in their everyday lives, and means that your local juice bar, tattoo shop, and artisanal candle pop-up could soon be accepting crypto. Yes, stablecoins are great, but simpler, more widespread access might be better…

Taking a quick look at the rest of the crypto world - ETH and SOL continued to bounce off their respective resistance levels. However, we have seen some solid moves from SPX6900, ZCash, and Quant this week.

The Crypto Fear & Greed Index dipped to 61 this week — still in 'Greed' territory, but showing signs of cooling sentiment.

Meanwhile, the Altcoin Season Index has dropped to 21, indicating that very few altcoins have managed to outperform Bitcoin over the past 90 days.

Disclaimer

This article is distributed for informational purposes, and it is not to be construed as an offer or recommendation. It does not constitute and cannot replace investment advice.
Bitpanda does not make any representations or warranties as to the accuracy and completeness of any information contained herein.
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