The recovery highlights enhanced law enforcement capabilities in crypto, reinforcing the legitimacy and security of regulated custody solutions. Irish authorities recover another 500 Bitcoin from drug dealer Clifton Collins, totaling 1,000 BTC worth $73M this year.
Outspoken billionaire Mark Cuban is disappointed with Bitcoin's performance, and said he's parted ways with most of the BTC in his portfolio.
Mark Cuban says Bitcoin failed as a hedge during recent market stress, prompting him to sell most of his holdings.
A renewed push to solidify the United States' foothold in the digital asset market emerged Thursday as lawmakers unveiled legislation to establish a formal strategic Bitcoin reserve and consolidate the federal government's multibillion-dollar cryptocurrency stockpile.
Foundation raised $6.4 million in a funding round led by Fulgur Ventures, with participation from Arche Capital, to accelerate its expansion beyond Bitcoin hardware wallets. The amount brings the company's total raised to $16.5 million since its founding, although the round's structure and post-money valuation were not disclosed.
Cuban's Bitcoin exit highlights the fragility of its hedge narrative, potentially weakening institutional confidence and shifting focus to Ethereum. Bitcoin's hedge narrative takes another hit as Cuban walks away.
Bitcoin options open interest on Deribit has reached $31.3 billion, overtaking BlackRock's IBIT ahead of a $6.25 billion expiry. Deribit's Bitcoin options open interest climbed to $31.3 billion on May 21, overtaking BlackRock's IBIT at $27 billion.
BlackRock registered a $61.5 million Bitcoin sale through its ETF, triggering a heated debate among analysts about exchange-traded fund flows and the short-term demand for the asset. BlackRock's on-chain portfolio is constantly tracked by Arkham. It currently stands at around $69.66 billion in total value, with Bitcoin accounting for approximately $63 billion of that figure.
The American Reserve Modernization Act would direct the Treasury to create and maintain a Bitcoin reserve for a minimum of 20 years.
Washington just gave crypto one of its clearest policy wins of 2026. Bitcoin ETF demand cracked anyway.
Strategy Inc. (NASDAQ:MSTR) CEO Michael Saylor and other Bitcoin (CRYPTO: BTC) treasury companies are price-insensitive buyers, yet someone is selling to them at $75,000, according to JAN3 CEO Samson Mow. Saylor Averaging Down At $75,577 Per Bitcoin Saylor's average cost sits at $75,577 per Bitcoin.
Tesla holds 11,509 BTC, while SpaceX moved $100M weekly, underscoring Musk's growing crypto footprint.