Bitcoin News
XRP and Solana funds attract inflows as bitcoin outflows hit nearly $1 billion
CoinShares data shows investors are rotating into listed products based on XRP and SOL while bitcoin and ethereum products posted heavy weekly outflows.
Bitcoin has shed $5,000 within days. ETF flows, derivatives say the selloff could worsen
Bitcoin has fallen about 6% from $82,000 to $76,800, and underlying data point to the drop being more than a routine pullback.
Strategy drops $2B on Bitcoin in one week
Strategy purchased 24,869 bitcoin last week for roughly $2 billion at an average price of $80,985 per coin, bringing its total holdings to 843,738 BTC at an aggregate cost of $64 billion. The purchase was funded almost entirely through sales of its STRC preferred stock. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Live markets: Bitcoin gives up all of May's gains, slipping below $77,000
Strategy made a mammoth $2 billion bitcoin purchase last week, but it's not lifting crypto spirits or prices.
Bitcoin faces outsized quantum threat as computing breakthroughs accelerate, Citi says
The bank said accelerating advances in quantum computing are compressing the timeline for risks to crypto and broader internet infrastructure, with Bitcoin seen as particularly exposed.
Strategy made mammoth $2 billion bitcoin purchase last week
Michael Saylor and team added 24,869 BTC last week, bringing total holdings to 843,738 coins.
Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy
Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 bankruptcy.
Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.
Bitcoin slides under $77,000 as oil shock and Treasury yields hit risk assets
Long-term holders are still sitting tight and exchange balances remain near six-year lows, Binance Research data shows, but underwater short-term holders leave BTC vulnerable to macro shocks.
DeFi's new front: VerifiedX bets bitcoin's next chapter is programmable, private
VerifiedX says its Bitcoin sidechain enables programmable, privacy-preserving transactions without synthetic wrappers, targeting growing institutional demand for native DeFi on the original blockchain system.
