Short-seller Jim Chanos was right to be bearish about Strategy (formerly MicroStrategy) in late 2024, but even he, one of Michael Saylor’s biggest critics, didn’t hang on long enough. Chanos took a victory lap with his short MSTR, long bitcoin ($BTC) pair trade on November 7, 2025, walking away with a respectable profit. He also
After closing May with a bearish outlook, Bitcoin ($BTC) price could potentially crash below $60,000 in June 2026. Amid a low spot and derivatives demand for Bitcoin over the past few days, as Finbold reported, prediction market traders are forecasting a further sell-off in $BTC price. As of press time, there is an 18% chance
Bitcoin has fallen to a four-month low of $65,707 after losing about 7% in the past 24 hours and more than 12% over the last seven days. According to CoinGecko data, Bitcoin briefly touched $65,707.79 on June 3 before recovering slightly above $67,000, extending a week-long decline that has left the world’s largest cryptocurrency under
Bitcoin briefly fell below $66,000 late Tuesday before slightly rebounding, while Ethereum and other major cryptocurrencies also declined, as traders continue to digest Strategy’s recent bitcoin sale alongside broader geopolitical uncertainty. The world’s largest cryptocurrency ($BTC) dropped to a low of around $65,700 Tuesday night before rebounding slightly to $66,460 as of 1:00 a.m. ET
A rare Casascius physical Bitcoin coin, a collectible issued between 2011 and 2013, has been opened, resulting in the on-chain movement of 25 Bitcoin worth approximately $1.78 million at current market prices. The transaction was reported by Galaxy Research, which tracks the movement of these early digital artifacts. What Are Casascius Coins? Casascius coins are
On-chain data suggests that Abraxas Capital, a crypto asset manager, may have sold approximately 1,000 Bitcoin during yesterday’s market decline. According to blockchain analyst EmberCN, the firm deposited the funds, valued at roughly $67.49 million, into the Kraken exchange before withdrawing $52.72 million in stablecoins USDC and USDT. Details of the Suspected Transaction The transaction,
On-chain data reveals that Garrett Jin, the founder of the now-defunct cryptocurrency exchange BitForex, is sitting on an unrealized loss exceeding $11.5 million. The loss stems from a 5x leveraged long position comprising 1,268 Bitcoin (BTC), a trade that has turned sharply against him amid recent market volatility. Details of the Position According to blockchain
Bitcoin traders are finally taking the price selloff seriously. The cryptocurrency’s fear gauge, the BVIV index, shows it. BVIV, which measures the 30-day implied or expected volatility in the cryptocurrency, surged nearly 20% on Tuesday to 46.45%. That’s the biggest single-day spike since Feb. 5, according to data source TradingView. Here’s why it matters. For
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