Bitcoin
Tom Lee Says Bitcoin, Ethereum Thesis Is 'Absolutely Not Broken,' Sees $2 Million BTC
Fundstrat's Tom Lee defended Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) on Monday, arguing crypto's long-term thesis remains intact despite recent underperformance. Lee On BTC and ETH Speaking on CNBC, Lee pushed back against claims crypto's thesis is broken after recent weakness relative to AI and software stocks.
Mt Gox Moves $953 Million in Bitcoin After Eight-Month Pause
The defunct Mt Gox exchange transferred roughly 10,608 BTC, worth about $953 million, to a new wallet, its first large-scale bitcoin movement in eight months and a shift that revived concerns over creditor repayments.
Strive buys 2,500 Bitcoin for $185 million, holdings top 19,000 BTC
Strive's Bitcoin acquisition strategy enhances its market position, potentially influencing corporate treasury trends and cryptocurrency adoption. Strive buys 2,500 Bitcoin for $185 million, holdings top 19,000 BTC.
Live markets: bitcoin's plunge continues, putting February $60,000 low back in play
Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).
Bitcoin faces first jobs-week test as US job openings data arrives before Friday payrolls
At 10 a.m. ET on Tuesday, the Bureau of Labor Statistics releases its Job Openings and Labor Turnover Survey for April, and a market that spent years branding Bitcoin as an escape hatch from central banks now hangs on whatever the numbers imply about the Federal Reserve's next move.
Bitcoin Could Benefit From A Global Debt Reckoning, Bitwise Argues
Bitwise is looking past Bitcoin's recent slide and toward a much larger pressure point: close to $30 trillion in global debt that needs refinancing in 2026.
Polymarket Faces Backlash After Strategy Bitcoin Sale
Strategy disclosed that it sold 32 BTC worth approximately $2.5 million between May 26 and May 31, which was its first Bitcoin sale since 2022.
Bitcoin Slides Under $70K in Sharp Drop That Hits Market Dominance
Bitcoin dropped below $70,000 toward the $69,000 area, reaching its lowest level since early April after seven of eight four-hour candles closed red. BTC dominance slid to 56.3% as total crypto market value fell below $2.5 trillion, while Strategy-related selling concerns deepened caution.
Strive adds 2,500 bitcoin to hit 19,000 BTC a day after Strategy turns seller
Benchmark's Mark Palmer initiated coverage with a Buy rating and $32 price target as ASST shares fell 3.59% pre-market.
Bitcoin ETF outflows are noise as Wall Street doubles down on crypto, says analyst
Recent Bitcoin ETF outflows look dramatic in headlines, but Bloomberg Intelligence's Eric Balchunas says the broader adoption story remains intact.
Morning Minute: Saylor Sells Bitcoin for First Time Since 2022
Bitcoin fell below $70K on the back of the sales, and a major Polymarket dispute is brewing over whether Strategy indeed sold in May or not.
Spot Bitcoin ETFs Extend 11‑Day Slide After $2.4B May Outflows
Extended Outflows: Bitcoin ETFs logged 11 straight days of withdrawals, shedding $3.45 billion and continuing May's $2.43 billion monthly outflow trend. Macro Pressure: Rising inflation, higher Treasury yields, and geopolitical tensions pushed institutions to reduce exposure to Bitcoin ETFs and rotate into other assets.
