Bitcoin News

Asia Morning Briefing: Bitcoin Slips Into Low-Liquidity 'Air Gap' as Post-ATH Drift Continues
Glassnode data shows BTC caught in a fragile holding pattern after slipping below key support. Market makers say conviction remains weak, with majors struggling to lead.

Bitcoin Asset Manager Parataxis to Go Public in $400M SPAC Deal Backed by SilverBox
The newly public firm will pursue bitcoin-focused treasury strategies in the U.S. and South Korea.

Babylon Introduces Trustless Bitcoin Vaults for BTC Staking Protocol
The trustless bitcoin vaults harness BitVM3, the latest evolution of BitVM, a framework for enabling smart contracts on the Bitcoin blockchain.

Bakkt Expands Global Bitcoin Play With 30% Stake in Japan’s Marusho Hotta
Bakkt is acquiring a 30% stake in Japanese firm Marusho Hotta and is expanding into Asian crypto markets.

Cardano’s Midnight Begins NIGHT Airdrop Across Eight Chains in Privacy-Powered Rollout
Dubbed the “Glacier Drop,” the airdrop is live as of Wednesday and available to wallets that held at least $100 in native tokens on Bitcoin, Ethereum, Solana, BNB Chain, Cardano, Avalanche, XRP Ledger, or Brave as of a June 11 snapshot.

Bitcoin Realized Prices Climb as Investors Continue Accumulating
All key cost basis models are trending higher, reinforcing strong on-chain support and investor confidence.

SBI Files for Bitcoin–XRP ETF in Japan, Pushing Dual Crypto Exposure Into Regulated Markets
The ‘Crypto-Assets ETF’ is structured to track the performance of both assets simultaneously, providing a single-entry point for investors seeking crypto exposure.

Leveraged Bearish Strategy ETF Surges 19%, Signals Dour Outlook for MSTR and Bitcoin
The ETF, which bets against MSTR, has seen a net inflow of $16.3 million in the past six months, while its bullish counterpart has experienced significant outflows.

Bitcoin ETFs Bleed Millions for 4th Straight Day as U.S. Stagflation Fears Weigh on BTC and Stocks
Investors withdrew $196 million from U.S.-listed bitcoin ETFs on Tuesday, while pouring money into ether ETFs.

Does the Fed Need to Cut Now? Bitcoin Crumbles Back Below $113K After ISM Services PMI
A stalwart in showing strong economic activity, the ISM Services PMI has moved notably slower over the past three months.

