In brief Bitcoin dropped nearly 6% today to $67,287—its lowest level since April—as macro fear and institutional selling hit in the same session. U.S. spot Bitcoin ETFs bled $2.43 billion in May, the worst monthly outflow of 2026. On Myriad, odds for a $55K dump just hit 52.6%—a complete reversal from mid-May when the $84K
Galaxy Digital (GLXY) said Tuesday it had launched over-the-counter (OTC) prediction markets trading for institutional investors, becoming one of the first major digital asset firms to offer large-scale access to event-driven markets through a bilateral trading framework. The Nasdaq-listed company said that the new service, offered through its global markets trading desk, will allow hedge
Bitcoin tumbling to $67,000 may signal a challenging summer ahead as investor capital continues flowing into artificial intelligence (AI) stocks and away from crypto. In a Tuesday report, K33 Research head Vetle Lunde said bitcoin’s weakness reflects fading institutional demand, heavy ETF outflows and growing vulnerabilities in derivatives markets. “Much of the market views the
Strategy, known for its Bitcoin-focused treasury strategy, continues to be a subject of debate among investors regarding its balance sheet. While the company’s extensive stock dilution policy has been criticized, some market commentators note that its Bitcoin assets still constitute a fairly strong collateral structure. According to assessments, Strategy’s 843,700 Bitcoin holdings have a current
In brief Bitcoin treasury firm Strategy sold Bitcoin for the first time since 2022 Monday, offloading 32 $BTC for $2.5 million. Analysts argued that other digital asset treasuries are unlikely to follow suit, with their individual finances a determining factor in whether they sell their crypto holdings. Strategy’s $BTC sale is “showing its Bitcoin holdings
Bitcoin’s latest price action has given bearish analysts more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt to hold higher levels. Crypto analyst Crypto Lens has warned that Bitcoin may still need one final move
SBI Holdings CEO Yoshitaka Kitao confirms plans to invest up to $1.25 billion in the Ripple IPO, predicting a possible timeline for the firm to go public. He shared this during SBI’s latest Information Meeting, where he explained how the company plans to spread its investments over time. According to Kitao, Ripple could eventually go
Bitcoin is breaking down through major technical support while the NASDAQ keeps printing new all-time highs. Chief market strategist Gareth Soloway has mapped out a detailed set of price scenarios covering where Bitcoin could go from here and at what levels he plans to start buying. The Breakdown That Changes the Picture Bitcoin reached the
Bitcoin has fallen below $70,000 as capital continues to flow toward a narrow group of high-performing U.S. equity sectors, according to a new analysis from Binance Research. According to Binance Research, the CBOE Dispersion Index recently reached 42, its third-highest reading on record, a level the firm said points to extreme concentration within the S&P
Bitcoin ($BTC) losses passed 6% after Wednesday’s Wall Street open as a cascade of liquidations gathered pace. Key points: Bitcoin falls below $67,000 for the first time since the first week of April as losses pile on. Liquidations hit $1.25 billion over 24 hours as analysis sees the mid-$50,000 range returning. $BTC/USD appears to repeat