The U.S. Treasury's Bitcoin Reserve plan and CLARITY Act push could redefine crypto regulation, boosting market confidence and Bitcoin's appeal. US Treasury to establish Bitcoin Reserve, urges CLARITY Act approval.
A physical Bitcoin token valued at $1.78 million was unsealed this week after remaining untouched for more than a decade — here's the full story and why it's capturing attention across the crypto community.
Bitcoin has fallen more than 16% over the past month even as the S&P 500 has gained 5%, a divergence that Charles Schwab says is being driven less by crypto-specific problems and more by investors chasing opportunities elsewhere.
The cryptocurrency landscape has shifted dramatically as bitcoin loses its appeal to competing investment opportunities. Market analysts attribute the exodus from digital assets to an influx of capital into artificial intelligence companies and forthcoming initial public offerings, creating sustained downward pressure on bitcoin prices.
The leading cryptocurrency experienced a significant downturn Thursday morning in Hong Kong trading hours, breaking through the $62,000 support level and setting off a cascade of liquidations throughout digital asset markets. This represented one of the most dramatic price corrections witnessed in recent months.
The defunct cryptocurrency exchange Mt. Gox executed a transfer of 116.3 BTC, approximately $8.16 million, to Bitstamp on June 4, 2026.
Elon Musk's aerospace venture has submitted documentation to the U.S. Securities and Exchange Commission outlining plans for a $75 billion initial public offering. The company intends to price equity at $135 per share, offering 555.6 million shares and establishing an enterprise valuation approaching $1.77 trillion.
Economist Peter Schiff took a dig on Wednesday at “unqualified” cryptocurrency advisors who mistake Bitcoin's (CRYPTO: BTC) early gains as validation of a smart long-term investment. Schiff Scoffs At ‘Young' Crypto Commentators In an X post, Schiff observed that many “young” and “unqualified” individuals in the cryptocurrency industry have begun offering financial advice.
Bitcoin demand has been drying up, with conviction being low too.
Polymarket has finalized a disputed prediction market with a “No” outcome after 98.6% of voting power backed the decision in a final UMA review, despite Strategy disclosing that it sold 32 Bitcoin before the market's May 31 deadline.
Bitcoin experienced a significant downturn during Thursday's Asian trading session, momentarily dropping to $61,442 before showing modest recovery toward $63,832. This decline represented the cryptocurrency's weakest performance in approximately four months, positioning the asset roughly 50% beneath its October all-time high.
Bitcoin price fell below $63K as Iran tensions, ETF outflows and $1.1B liquidations pushed BTC near key support between $60K and $54K.