Bitcoin News

This bitcoin bear market is different with 'uniquely pessimistic' traders limiting downside, K33 says
The research firm said bitcoin traders remain unusually defensive, reducing the risk of the kind of leverage-driven collapse seen in prior downturns.

Live markets: Bitcoin gives up $77,000 as interest rates continue surge, stocks continue slump
Crypto markets have turned lower in morning U.S. trade on Tuesday as the idea of coming rate hikes takes a toll on risk assets.

JPMorgan says ether and altcoins won't catch up to bitcoin without a major network boom
The bank said ether and the broader altcoin market continue to trail bitcoin as weak network activity, sluggish DeFi growth and limited real-world adoption weigh on investor demand.

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.

