Fold Holdings just landed $150 million in borrowing power to scale its Bitcoin rewards credit card across the country. The facility comes from Encina Lender Finance and gives Fold a four-year runway to issue cards to a growing waitlist of customers eager to stack sats on everyday purchases. Here’s the thing: this is debt, not
The institutional bid under bitcoin is running on fumes. U.S. spot bitcoin ETFs have absorbed a net 4,500 BTC since the start of the year, an unusually thin number given the products were the structural buyer that powered the 2025 rally, per Swissblock data shared on X Tuesday. March and April produced steady accumulation that
The leading cryptocurrency, Bitcoin ($BTC), weakened and fell to the $75,000 level, in contrast to the upward trend in global stock markets. Significant altcoins such as XRP, Ethereum ($ETH), and Solana (SOL) also saw declines during the same period. As investors wonder which direction $BTC will move, one analyst said that $BTC’s implied volatility is
Bitcoin has fallen to 13th place among the world’s largest global assets after slipping to roughly $76,000, bringing its total market capitalization down to $1.5 trillion. BTC has struggled throughout 2026, falling 11% year to date and nearly 30% over the past 12 months, as investor capital has rotated into other high performing sectors. Precious
Crypto analyst and YouTuber Benjamin Cowen suggested that Bitcoin could test the $60,000 level again this year. According to Cowen, this potential pullback could be followed by a new bull cycle in the market. The experienced analyst predicts that the final bottom in the current market cycle will occur next October. Benjamin Cowen pointed out
As investors pulled millions of dollars out of U.S.-listed spot crypto exchange-traded funds (ETFs) on Tuesday, one move stood out. A single investor dumped over a billion dollars-worth of shares in BlackRock’s bitcoin ETF, which trades under the ticker IBIT, in one dark-pool trade. A dark-pool trade is a privately negotiated transaction, allowing the largest
On Tuesday morning, Bitcoin experienced a sharp $2,000 flash crash, tumbling below the $76,000 support level just three hours after peaking at $78,000. Key Takeaways: On Tuesday morning, bitcoin suffered a $2,000 flash crash that erased its recent weekend gains. The sudden market volatility triggered nearly $350 million in liquidations across the crypto space. U.S.
Crypto analytics platform Arkham Intelligence posted a satirical meme on Tuesday, spotlighting the City of Roswell, New Mexico’s onchain bitcoin holdings of 0.173 $BTC, currently valued at a modest $13,000. Key Takeaways: Arkham Intelligence flags Roswell, NM, holding 0.173 $BTC worth $13,000 onchain as of May 26, 2026. The City of Roswell launched the first
Bitcoin’s three-month uptrend against gold seems to have ended, as ETF flows shift toward gold and other precious metals. That’s evident from the bitcoin-to-gold ratio, which measures the per-coin dollar price of $BTC against the per-ounce dollar price of gold. This is the chart that tells you which “store of value” investors actually prefer at
An unknown trader’s $1.3 billion sale of shares in BlackRock’s Bitcoin exchange-traded fund on Tuesday has coincided with a steep fall in the price of Bitcoin immediately after the sale, according to analysts. A trader sold 29.2 million shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) at 2:30 pm UTC on a “dark pool,” a