Bitcoin
Nasdaq-Listed Bitcoin Firm Nakamoto Sells BTC, Cuts Debt and Authorizes Share Buyback
Nakamoto, the Nasdaq-listed Bitcoin services and treasury firm, sold about $48 million worth of BTC and derivatives to help reduce debt.
Bitcoin's Weakening Demand Signals the Market Bottom May Still Be Ahead
Total Bitcoin demand contracted by 652,000 BTC during the last week, registering the most severe drop for this indicator since January 2022. The price of the cryptocurrency fell to a minimum of $59,000, positioning itself 9% above its current realized price.
Canaan Inc increases Bitcoin holdings by 41 BTC to 1,867 BTC
Canaan Inc.'s growing Bitcoin reserves enhance its dual role as a mining hardware provider and crypto asset holder, diversifying investor exposure. Canaan Inc increases Bitcoin holdings by 41 BTC to 1,867 BTC.
Capital Rotation Toward AI Weighs On Bitcoin ETF Flows
The institutional investment barometer remains in the red. At a time when bitcoin is trying to stabilize after many weeks of turbulence, US spot Bitcoin ETFs face a new wave of large-scale withdrawals.
Heatbit releases Bitair, a portable air purifier that mines Bitcoin
Bitair's launch highlights a shift towards integrating crypto mining with everyday appliances, potentially reshaping consumer tech markets. Heatbit releases Bitair, a portable air purifier that mines Bitcoin.
Bitcoin Could Hit $1 Million, According to a Morgan Stanley Executive
Morgan Stanley digital asset strategist Amy Oldenberg said a $1 million Bitcoin is possible over the long term if adoption continues to expand and financial infrastructure matures. She expects institutional participation to grow steadily rather than through a rapid price surge, supported by increasing access to crypto investment products.
Bitcoin Treasury Firm Nakamoto Sells 600 BTC to Pay Off Debt and Buy Back Shares
Nakamoto announced a series of strategic initiatives to strengthen its capital structure, reduce its debt and improve the company's financial flexibility. The firm, listed on Nasdaq under the ticker NAKA, liquidated approximately 600 Bitcoin and BTC-linked derivative positions to cancel $45 million in debt with Payward Interactive, Inc., known as Kraken, generating nearly $48 million in net proceeds.
Bitcoin price reclaims $63K after U.S.-Iran peace deal comnes back into play, Can BTC move to $65k next?
Bitcoin price has erased losses triggered by a hotter-than-expected U.S. inflation report, rising above $63,000 after Donald Trump unveiled details of a potential peace deal involving Iran.
Nakamoto Sells Bitcoin
Corporate jargon can only do so much to mask financial distress. Nakamoto Inc. (Nasdaq: NAKA), a prominent Bitcoin operating company and the parent firm behind Bitcoin Magazine and the global Bitcoin Conference series, announced a major balance sheet restructuring.
Analyst Predicts Bitcoin Price Has Entered The Final Bear Market Phase
A crypto analyst has stated that the Bitcoin price remains firmly in a bear market, projecting more volatility and pain ahead for the world's largest cryptocurrency. The expert also noted that BTC has entered the final phase of this bearish stage, a period where the market is expected to reach its lowest levels alongside extreme Fear, Uncertainty, and Doubt (FUD).
Iran Tensions Flare and Cool as Bitcoin Reclaims $63K and Keeps Bulls Engaged
Despite major macroeconomic and geopolitical headwinds, bitcoin stabilized above $62,500, and global stock indexes closed marginally higher. Following a Truth Social post from President Trump, bitcoin reclaimed the $63,000 zone. Wholesale Inflation Surges Past Forecasts Bitcoin traded sideways Thursday, shaking off escalating Middle East tensions and a hotter-than-expected producer price index.
95% Of Short-Term Bitcoin Holders Are Underwater—And The Worst May Not Be Over Yet
Glassnode's weekly on-chain report shows over 95% of short-term Bitcoin (CRYPTO: BTC) holders are underwater, with May buyers down 17% to 19% and no meaningful demand response yet from institutions or corporate treasuries. Recent Buyers Are Deeply Underwater With No Meaningful Bounce Yet Glassnode's Short-Term Holder MVRV, which tracks how much recent buyers are up or down on average, printed 0.81 at its low before recovering slightly to 0.83.
