Bitcoin dip buyers place $500M in bids as $70K retest looms
Over $500 million in Bitcoin bids now sit near $70,000, while options traders and futures positions converge around the same level.
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Over $500 million in Bitcoin bids now sit near $70,000, while options traders and futures positions converge around the same level.
Crypto ETF flows remained under pressure on Thursday, May 28, as bitcoin funds posted a ninth straight day of withdrawals and ether products stretched their outflow streak to 13 sessions. Smaller altcoin vehicles, including XRP, HYPE, and Solana ETFs, drew modest inflows, but not enough to shift the market’s defensive tone. Bitcoin ETFs Fall Below […]
Bitcoin plunged to a multiweek low of $72,395 before sharply rebounding past $74,000, ultimately stabilizing slightly under $74,000. The reversal was seemingly triggered by news of a tentative U.S.-Iran agreement to reopen the Strait of Hormuz. Bitcoin Reclaims $74,000 Following Intraday Dip On Friday, May 29, bitcoin reclaimed $74,000 just a few hours after it […]
Strategy has shifted 411 bitcoin to Coinbase Prime in its first direct exchange deposit in nearly two years, driving Polymarket’s odds of a 2026 bitcoin sale by the company to 84%. Strategy’s Move Raises Sell Fears Strategy (formerly Microstrategy), the largest corporate holder of bitcoin, moved 411.48 BTC worth about $30.3 million into Coinbase Prime […]
Analysts have said that currently, stocks and Bitcoin are being driven by entirely different market forces.
Bitcoin saw its lowest levels since the middle of April as BTC price action continued ot diverge from thriving US stock markets.
The CFTC opened a historic path for bitcoin perpetuals to trade on U.S.-registered venues, bringing a major crypto derivatives structure under federal oversight. The move creates the first regulated pathway for spot BTC-linked perpetual contracts in the United States. CFTC Opens Historic Path for Bitcoin Perpetuals The Commodity Futures Trading Commission (CFTC) announced on May […]
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While bitcoin sellers drove the price below $74,000 on Thursday, a fresh wave of sleeping coins sprang to life, transferring 665 BTC that had remained untouched for more than a decade. In total, 665 BTC worth just over $48 million, moved during the past day, all originating from wallets created in 2014 and 2015. Long-Idle […]
Spot Bitcoin ETFs recorded a nine-day outflow streak totaling $2.84 billion, surpassing an eight-session outflow run in February 2025.
This week saw the crypto market shed over $100 million of its total capitalization as macro risks and ETF outflows took their toll.
Bitcoin’s market cap has dropped below $1.5 trillion, pushing it out of the world’s top 10 assets amid AI stock and precious metal rallies.
Strategy’s capital structure may be under pressure as Arca’s Jeff Dorman highlights $15 billion in preferred stock obligations and CEO comments on possible Bitcoin sales.
Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock’s IBIT ETF into directly held coins and build full state‑level BTC plumbing.
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The end of another week and the end of the month spell a larger crypto options expiry as spot markets continue to retreat.
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The timing of the deposit raised eyebrows given recent hints that Strategy could consider selling some of its Bitcoin.
Terawulf has acquired a major AI-focused data center site in Kentucky as it accelerates its shift from bitcoin mining toward high-performance computing. The deal strengthens the company’s power-backed infrastructure strategy and drew a strong response from investors. Terawulf Shares Climb 13% as AI Revenue Overtakes Bitcoin Mining Income Terawulf Inc. is moving deeper into artificial […]