Strategy's potential $80B Bitcoin purchase could significantly influence market dynamics, highlighting Bitcoin's role as a strategic reserve asset. Strategy eyes $80B Bitcoin purchase, boosting market demand.
Strategy's potential $80B Bitcoin acquisition could significantly impact market dynamics, amplifying both investment risks and rewards. Strategy CEO Phong Le hints at raising $80B to buy Bitcoin.
Bitcoin miners spent years racing to secure cheap electricity, and that electricity has since become more valuable than the Bitcoin mining business built on it.
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.
U.S. spot Bitcoin ETFs have extended their losing streak to nine consecutive trading days of net outflows, marking the longest withdrawal period since the funds launched in January 2024. According to data from SoSoValue, investors have withdrawn approximately $2.8 billion during the nine-session stretch, making it the largest sustained period of selling pressure recorded for the products.
Strategys perpetual preferred security, STRC, fell to as low as $97.11 on Thursday as Bitcoin declined toward the $73,000 level. The drop highlights the ongoing relationship between Bitcoin price movements and investor sentiment toward Strategys preferred shares.
CFTC's approval of bitcoin perpetual futures could enhance market transparency and stability, attracting institutional investors to crypto trading. US CFTC approves first bitcoin perpetual futures contracts for regulated exchange.
CFTC's approval of Kalshi's Bitcoin perpetual futures could pave the way for broader crypto derivatives adoption in regulated US markets. CFTC greenlights Kalshi Bitcoin perp in win for US crypto derivatives.
On May 29, 2026, $7.5 billion worth of Bitcoin and Ethereum options expire with Max Pain at $75,000 and $2,200. BTC and ETH under pressure, massive liquidations, and extreme volatility: will the crypto market crash or rebound?
Bessent's strategy could reshape US economic sovereignty, impacting global trade dynamics and potentially increasing inflationary pressures. Scott Bessent warns of US manufacturing vulnerabilities at Reagan Forum, ties strategy to Bitcoin reserve.
Bitcoin has hit what one analyst describes as a major ceiling after losing the support level that held the market together for months. Following a failed push toward $83,000, the analyst now believes buying Bitcoin at current prices carries more risk than opportunity.
Large-scale capital outflows from U.S. crypto funds have continued for the ninth consecutive day and show no sign of stopping. Just before the start of the May 29 trading session, investment giant BlackRock transferred another large batch of assets worth 2,448 BTC valued at $180 million to Coinbase Prime, according to Arkham.