Bitcoin
Spot Bitcoin ETFs Post Fourth Straight Outflow Day
U.S. spot Bitcoin ETFs recording a $213.85M daily net outflow, marking a fourth consecutive day of withdrawals. The latest dashboard reading suggests fresh redemptions are extending the weak flow streak. The update affects investors tracking whether ETF demand can still offset broader Bitcoin market pressure.
BitGo launches Lightning Earn, letting institutions pocket routing fees on Bitcoin's fastest network
BitGo's Lightning Earn could transform institutional Bitcoin holdings by providing a regulated, yield-generating alternative to passive storage. BitGo launches Lightning Earn, letting institutions pocket routing fees on Bitcoin's fastest network.
Bitcoin stumbles as record PPI reading clouds Fed outlook
Bitcoin has fallen back toward $62,500 after U.S. producer inflation accelerated beyond expectations, adding fresh uncertainty ahead of the Federal Reserve's June policy meeting. According to data from the U.S. Bureau of Labor Statistics, the Producer Price Index rose 1.
Bitcoin Miners Under Pressure: Are We Approaching Another Capitulation?
Bitcoin's Puell Multiple 30DMA fell to 0.74, signaling that miners are approaching the economic stress zone. The Price-to-Miner-Revenue Multiple retreated from 160 to 80, while the price dropped 21% since the last Difficulty Bottom. None of the three metrics has reached the extreme capitulation levels recorded during the 2018 and 2022 bear cycles.
OKX launches football prediction program with Bitcoin rewards tied to 2026 World Cup
OKX's initiative could significantly boost crypto adoption by integrating digital assets with global sports events, enhancing fan engagement. OKX launches football prediction program with Bitcoin rewards tied to 2026 World Cup.
Miners' Revenue Squeeze Set to Force Bitcoin's Biggest Network Correction Since 2021
The Bitcoin network is preparing to record one of the largest mining difficulty drops in its entire history. According to a new report from Galaxy Research, the prolonged decline in BTC price has led to a fall in miners' profit margins, forcing some players to disconnect their computing power from the network.
BlackRock races Goldman Sachs to turn Bitcoin volatility into ETF income
BlackRock has updated its regulatory filing for a new Bitcoin Premium Income ETF, signaling an imminent launch that intensifies a Wall Street race against Goldman Sachs Group to capture yield-seeking digital asset investors.
Nakamoto sells 600 BTC to pay down $45 million Kraken debt as reserve liquidation grows
Earlier today, Nakamoto Inc. (Nasdaq: NAKA) delivered news of its sale of roughly 600 Bitcoins and related derivative positions to attend to a $45 million Kraken loan.
Fold sells $45 mln worth of Bitcoin amidst volatile market conditions – Debt alarm?
Why would a business that focuses on Bitcoin lower its exposure to the crypto market at a time when it is still unstable?
Strategy CEO Defends BTC Sales, Says ‘Crypto-Anarchists' Are a Minority
Strategy sold 32 BTC for around $2.5 million as a test operation, triggering market panic and pushing Bitcoin below $60,000. CEO Phong Le said institutional investors were not unsettled by the sale, but the retail community and “crypto-anarchists” were.
Buyers Desert Bitcoin, Prices Remain Under Pressure
The digital asset market is going through a difficult period. In recent weeks, bitcoin has come under increasing pressure as several sources of demand have slowed simultaneously.
Bitcoin Has Never Broken This Line Before And Price Just Touched It Again
Crypto analyst Crypto Rover has pointed to a trendline that Bitcoin has never broken below in every market cycle. The leading crypto has now touched this trendline, providing optimism that it could bounce from that level as it did in previous bear cycles.
