Category Archives: Bitcoin News

Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days

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The market’s leading crypto, Bitcoin (BTC), is coming under fresh pressure as multiple warning signs converge—from heavy selling in the exchange-traded fund (ETF) complex to renewed doubt around Strategy’s long-held “never sell” narrative.  The result has been a weak session: on Wednesday, the cryptocurrency slipped below the key $66,000 level, extending a selloff that has… Continue reading Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days→

Bitcoin Crash Explained: Binance Research Blames Outflows Toward US Equities

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The broader crypto market has endured one of its toughest weeks of the year, with $1.5 billion in liquidations recorded since Monday alone. The pressure intensified as Bitcoin (BTC) slipped back below the $67,000 level for the first time since April, a move that heightened selling fears and weighed on overall market sentiment.  Despite the… Continue reading Bitcoin Crash Explained: Binance Research Blames Outflows Toward US Equities→

Bitcoin Bulls Crushed: Sub-$70,000 Crash Flushes $428M In Longs

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Data shows bullish bets related to Bitcoin have suffered a massive amount of liquidations as the asset’s price has plunged below the $70,000 mark. Bitcoin Falls Below $70,000 For The First Time Since April Following up on the bearish tone set during the second half of May, Bitcoin has opened June with another drawdown as… Continue reading Bitcoin Bulls Crushed: Sub-$70,000 Crash Flushes $428M In Longs→

Strategy Sells Bitcoin For First Time Since 2022 Tax-Loss Trade

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Strategy sold a small portion of its Bitcoin holdings last week, marking the company’s first disclosed BTC sale since its December 2022 tax-loss harvesting transaction. The sale is notable less for its size than for what it signals: Strategy is now willing to use a sliver of its Bitcoin stack to service the preferred equity… Continue reading Strategy Sells Bitcoin For First Time Since 2022 Tax-Loss Trade→

Bitcoin Bottom Not In Yet? Analyst Sees Higher Odds Of Drop Below $61K

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Bitcoin’s derivatives market has yet to fully heal from a violent shakeout last October, when roughly 71,000 BTC worth around $11 billion was wiped from open interest across major exchanges. Total open interest has not recovered to pre-event levels, leaving a gap of more than 24,000 BTC that signals many traders are still sitting on… Continue reading Bitcoin Bottom Not In Yet? Analyst Sees Higher Odds Of Drop Below $61K→

Strive Seeks $4.2 Billion ATM Expansion To Fund More Bitcoin Purchases

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Strive is preparing to expand its capital-raising capacity by $4.2 billion as the Bitcoin treasury company looks to fund additional BTC purchases, extending one of the fastest accumulation campaigns among public corporate holders. Chief executive Matt Cole said the company expects to increase the size of both its ASST and SATA at-the-market programs by $2.1… Continue reading Strive Seeks $4.2 Billion ATM Expansion To Fund More Bitcoin Purchases→

Anchorage Warns Bitcoin Yield Trade Could Cap Gains If BTC Rips Higher

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Anchorage Digital says Bitcoin covered-call strategies can generate synthetic yield for BTC holders, but only when managed with strict discipline. The firm’s new research warns that selling upside on Bitcoin can cushion drawdowns in weaker markets, yet cap gains sharply when BTC enters one of its violent bull-market phases. The analysis, written by Anchorage Digital… Continue reading Anchorage Warns Bitcoin Yield Trade Could Cap Gains If BTC Rips Higher→

Bitcoin’s Famous CME Gap Playbook May Be Nearing Its End

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CME Group is moving its regulated cryptocurrency futures and options market to 24/7 trading, a structural shift that could remove one of Bitcoin’s most watched weekend market patterns: the CME gap. For BTC traders, the change matters because the gap has long served as both a technical reference point and a symbol of the mismatch… Continue reading Bitcoin’s Famous CME Gap Playbook May Be Nearing Its End→

Crypto Faces Nearly $1 Billion In Liquidations As Bitcoin, Ethereum Crash

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Data shows the crypto derivatives market has suffered a massive amount of liquidations following the plunge that Bitcoin, Ethereum, and other assets have seen. Bitcoin & Ethereum Are Both Down More Than 5% For The Past Week The second half of May so far has seen a reversal of trend for the cryptocurrency sector, and… Continue reading Crypto Faces Nearly $1 Billion In Liquidations As Bitcoin, Ethereum Crash→

Arca CIO Warns Strategy’s Bitcoin Bet Has ‘Gotten Out Of Hand’

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Arca CIO Jeff Dorman warned that Strategy’s Bitcoin-heavy balance sheet has entered a more dangerous phase, arguing that the company, Bitcoin holders and its preferred shareholders are now locked in a difficult capital-structure tradeoff. In a May 28 post on X, Dorman said he is “not in Saylor’s inner circle,” but argued that the MSTR… Continue reading Arca CIO Warns Strategy’s Bitcoin Bet Has ‘Gotten Out Of Hand’→