The Bitcoin ($BTC) network utilization has dropped to its lowest level in more than seven years amid renewed selling pressure. As of June 4, the 60-day Moving Average for Bitcoin active addresses hovered slightly above 600,000, according to data from Bitcoin Magazine Pro analyzed by Finbold. Bitcoin’s utilization has been declining gradually since the end
In brief Bitcoin fell 17% from just under $74,000 Monday to an intraday low of $61,556 Thursday, triggering $4.47 billion in total crypto liquidations over the period. Data from derivatives and options markets show weak demand and increased downside protection bets. Analysts see potential for another leg lower into the $50,000s, with a bottom possible
DDC Enterprise Limited, the NYSE-listed Asian food platform behind the Daydaycook brand, disclosed on June 3, 2026, that it acquired an additional 90 $BTC, bringing total corporate bitcoin holdings to 2,804 $BTC. Key Takeaways: DDC Enterprise purchased 90 $BTC on June 3, 2026, lifting total holdings to 2,804 $BTC at a $78,736 average cost. The
Coinbase says the first Fannie Mae-backed mortgage collateralized by Bitcoin has officially closed in the United States. This marks a major step toward integrating crypto assets into mainstream housing finance. In a June 4 post, Coinbase said the mortgage was originated and serviced by Better using Coinbase infrastructure, with nationwide rollout expected later this summer.
Bitcoin’s ongoing negative price movements have put many of its investors—both small and large holders—in unrealized losses as its price continues to retest multi-month lows. While the volatility has affected many Bitcoin positions, the world’s largest Bitcoin treasury firm, MicroStrategy, has suffered one of the most noticeable and biggest losses during this period. MicroStrategy slips
With Bitcoin sliding below $62,000 in early June 2026, down more than 50 percent from its October 2025 high near $126,200, the question every holder is asking is simple: how low can it go? The honest answer is that nobody knows, but the levels traders and analysts are actually watching are specific, and they cluster
Bitcoin remains under significant pressure after a steep decline pushed the cryptocurrency below several major technical support levels. Although recent trading activity shows some stabilization near local lows, the broader market structure continues to favor sellers. At the same time, rising derivatives activity and persistent exchange outflows present a more complex picture for investors assessing
When Bitcoin slid below $62,000 in early June 2026, the crypto world reached for the nearest villain: Michael Saylor. On June 1, his company Strategy disclosed it had sold 32 Bitcoin, its first sale since 2022, and retail traders across social media pointed to it as the reason the market broke. It is a satisfying
The cryptocurrency market is having a tough week. Bitcoin ($BTC) and altcoins, already on a downward trend, are experiencing sharp declines following Strategy’s long-standing $BTC sale. At this point, Bitcoin fell to $63,000 and Ethereum (ETH) to $1,770, and Strategy founder Michael Saylor spoke after the sell-off. Saylor stated that the flow of capital from