A $1.26 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) this week might have been driven by a large investor seeking a rapid exit from bitcoin exposure rather than the unwinding of a common hedge-fund trading strategy. That’s according to an analysis published by crypto investment firm NYDIG. The transaction took place on May
EXE Official, a renowned Web3 SocialFi platform, has partnered with REI Network, an efficient, Ethereum-compatible L1 chain. The partnership aims to push forward the innovation in the Web3 SocialFi networks. As EXE Official revealed in its official social media announcement, the development is set to strengthen creators by offering true ownership on-chain, effective monetization opportunities,
Bitcoin’s derivatives markets are pricing in a significant move as $40 billion in options open interest and another $40 billion-plus in futures contracts sit across major exchanges while the leading crypto asset trades at $73,600 on Sunday morning at 11:30 a.m. ET on May 31. Key Takeaways: Bitcoin futures open interest (OI) across 11 exchanges
The prolonged four-month calm on the crypto market is likely coming to an end. At least that is what popular CryptoQuant on-chain analyst Maartunn warned investors about, pointing to an inevitable and abrupt breakout of Bitcoin from its current trading range. According to his calculations, the amplitude of the move next week or immediately after
A storm of “Bitcoin treasury companies” is growing in the financial world. Matt Cole, CEO of Strive, who was a guest on “The Wolf Of All Streets” podcast, argued that a new generation of financial products based on crypto assets, particularly the “digital credit” market, will fundamentally change the global financial system. Cole suggests that
Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be announcing fresh purchases of the cryptocurrency in the coming days. The social media post comes just days ahead of a proxy vote that depends in large part on retailer shareholders to enable semi-monthly dividend payouts on the company’s STRC perpetual preferred stock.
Bitcoin traded near $73,700 on May 31 as traders watched whether the market could defend short-term support while analysts debated a possible rebound and a deeper cycle low later in 2026. Bitcoin price data showed $BTC trading near $73,713, up 0.28% over 24 hours. The asset remained down 4.18% over seven days, while 24-hour trading
Bitcoin ($BTC) starts its first full trading week with no new CME futures gap on the chart. The shift ends an eight-year market quirk that traders relied on to forecast short-term price targets. The Chicago Mercantile Exchange (CME) moved its regulated cryptocurrency futures and options to around-the-clock trading on May 29. The change removed the
Bitcoin ($BTC) is rebounding from a key on-chain support zone, putting the $78,000 level back in focus for bulls. Key takeaways: $BTC is eyeing a rebound to $78,200, the realized price of $BTC held for three to six months. A sustained move above this cost basis could put Bitcoin on track for a push above
DTCC’s decision to connect its upcoming tokenized securities platform to the Stellar (XLM) network is the latest step in a relationship that stretches back nearly a decade, according to Stellar Development Foundation CEO Denelle Dixon. Earlier this week, DTCC said tokenized assets held through its Depository Trust Company could become available on Stellar beginning in