Bitcoin slid to $75,498 in Asian hours Tuesday, leaving crypto markets out of step with the equity rally that pushed global stocks to record highs overnight. XRP, ether, and Solana were each down as much as 1% in the past day, per CoinDesk data, while Zcash (ZEC) dropped 9% to $564, the biggest single move
A $1.29 billion dark pool block trade in Blackrock’s Ishares Bitcoin Trust (IBIT) crossed Nasdaq on Tuesday morning, drawing immediate attention from institutional traders and crypto analysts tracking exchange-traded fund (ETF) flows. Key Takeaways: Blackrock’s IBIT saw a $1.29B dark pool block trade on May 26, 2026, the largest single institutional bitcoin ETF print on
Grayscale says Elon Musk’s SpaceX could become the most valuable public company holding bitcoin after its expected IPO, while Strategy would likely remain the largest holder by $BTC amount. Its S-1 filing lists 18,712 $BTC under digital assets. Key Takeaways: Grayscale said Elon Musk’s SpaceX could become the most valuable public company holding bitcoin. Diversified
Bitcoin is still following its historical four-year cycle, according to Into The Cryptoverse founder and CEO Benjamin Cowen. The analyst has remained unperturbed by the recent Bitcoin price resurgence, which saw it reclaim a multi-month high of $82,800. In a recent X post, Cowen insisted that $BTC is still following its long-standing cyclical pattern, citing
Peter Schiff, chief economist and global strategist at Europac, has raised the alarm over Strategy Inc.’s (NASDAQ: MSTR) plan to use some of its cash reserves to retire part of its debt. On May 26, Schiff raised his concerns after Strategy used $1.38 billion in cash reserves to repurchase $1.5 billion worth of convertible notes
Bitcoin briefly reclaimed the $78,000 level in a violent short squeeze that added roughly $30 billion to its market capitalization within an hour, before volatility quickly returned. Bitcoin ($BTC) ripped roughly $1,400 higher in about an hour on Tuesday, spiking back above $78,000 as a wave of forced liquidations flushed out overleveraged shorts and briefly
Mike Belshe, CEO of digital asset custody firm BitGo, has challenged a prevailing narrative in cryptocurrency markets, asserting that the primary driver for Bitcoin’s (BTC) long-term value is not the prospect of lower interest rates, but rather a deeper erosion of public trust in traditional fiat currencies. Monetary Policy Shift and the Dollar’s Credibility Belshe’s
London-listed The Smarter Web Company (LSE: SWC) disclosed on May 26 that it acquired 10 Bitcoin at an average price of £55,786 per coin, equivalent to roughly $74,904. The purchase totaled £557,865 and brings the company’s aggregate Bitcoin holdings to 2,869 $BTC. The firm’s cumulative investment in Bitcoin now stands at £232.48 million, with an