The end of May 2026 brought a dangerous anomaly to financial markets as the U.S. S&P 500 index stormed to historical highs while the cryptocurrency sector rapidly lost ground. This price gap forced Bloomberg Intelligence senior commodity strategist Mike McGlone to register a hard technical sell signal. In his outlook, the industry has launched a
Stablecoins nearing a $300 billion market value have prompted fresh warnings from the European Central Bank, whose officials say a digital euro is needed to protect financial stability and maintain the role of central bank money in the payments system. According to Isabel Schnabel, a member of the European Central Bank’s Executive Board, the rapid
Bitcoin has entered a bearish channel after slipping below key support levels as ETF outflows, rising oil prices, and renewed geopolitical uncertainty weighed on market sentiment. According to crypto.news data, Bitcoin ($BTC) traded near $72,700 at press time after briefly falling toward the $72,600 region during early Monday trading. It remains down nearly 1.5% in
Strategy (MSTR) sold 32 bitcoin between May 26 and May 31 at an average net price of $77,135 a coin, totaling $2.5 million, the company disclosed in an 8-K filing on Monday. The disposal is Strategy’s first disclosed bitcoin sale and the proceeds are earmarked to fund distributions on its preferred stock, according to a
MicroStrategy (Strategy), an institutional bull company known for its regular weekly Bitcoin ($BTC) purchases, has now sold $BTC. Strategy, which has made numerous statements in recent weeks regarding a possible Bitcoin sale, has for the first time broken its “we will never sell Bitcoin” strategy, which it has stated repeatedly since 2020. According to the
Crypto investment products extended losses to three straight weeks last week amid ongoing selling pressure in markets and limited institutional demand. Crypto exchange-traded products (ETPs) recorded $1.67 billion in outflows last week, the second-largest weekly withdrawal of 2026, CoinShares reported on Monday. The fresh outflows bring three-week losses to $4.21 billion, with total assets under
The leading cryptocurrency, Bitcoin ($BTC), is facing risks in the Middle East on the first trading day of June. This has pushed the price below $73,000, placing $BTC at a critical juncture for the coming days. Market predictions suggest the market could test the liquidity zone around $72,000, while US employment figures are also cited
Bitcoin and software stocks moved almost in lockstep for much of the past five years, with BTC treated as a high-beta technology asset. The iShares Expanded Tech-Software Sector ETF (IGV) served as one of the best proxies for the software sector. That relationship, however, appears to have broken down. Since May 14, bitcoin and IGV
Bitcoin market analyst PlanB has issued a cautious forecast, stating there is a greater than 50% probability that Bitcoin ($BTC) will fall below $61,000. In a post on X, the analyst known for his stock-to-flow model highlighted a divided market, with some believing the $60,000 level reached in February marked the cycle bottom, while others
Putting real-world investments onchain, a process called tokenization, is moving out of the testing phase and into everyday business. Citi’s new report Tokenization 2030: Wall Street On-Chain shared with CoinDesk ahead of Proof of Talk in Paris, shows that the global market for thse digital investments sits at just $17 billion today. However, Citi expects