Category: Bitcoin News

The Unexpected Deal Steve Jobs Offered U2 After Refusing to Hand Over Apple Shares – Bitcoin News

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Key Takeaways U2 sought Apple shares in 2004; Steve Jobs rejected equity and reshaped the deal. Apple’s 2004 iPod U2 Edition boosted sales, showing product-led marketing power. Jobs’ 2004 strategy still influences brand partnerships and celebrity tie-ins today. Back in 2004, U2 tried to trade star power for Apple stock. Steve Jobs said no, then flipped the pitch, persuading the band to front a campaign for free. The result was a black iPod with a red click wheel and U2’s signatures etched on the back, a limited edition that flew…

Bitcoin Price Cracks Lower, Opening The Door To More Pain

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Bitcoin price started a fresh decline below the $72,500 zone. BTC is consolidating and might continue to move down if it dips below $70,500. Bitcoin failed to stay above $73,500 and extended losses. The price is trading below $72,500 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at $73,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $72,500 and $73,500 levels. Bitcoin Price Takes A Hit…

Anchorage Digital Targets Hedge Funds and Banks With New Non-Custodial Trading Infrastructure – Bitcoin News

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Key Takeaways Anchorage Digital’s Atlas CMS separates custody, execution, and credit for the first time in crypto, reducing counterparty risk for institutional traders. Spotex, processing billions in daily FX volume, joins as a launch partner to offer crypto trading through Anchorage Digital’s federally regulated infrastructure. The Atlas network targets expansion beyond spot crypto into tokenized asset classes, extending Anchorage Digital’s $4.2B institutional platform. What CMS Actually Does According to Anchorage’s announcement, the core problem CMS targets is one that institutions have lived with since crypto markets took shape. Most crypto…

CME Group’s 24/7 Crypto Futures Debut Draws Institutional Demand – Bitcoin News

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Key Takeaways CME Group launched 24/7 crypto futures and options on Friday, May 29, 2026, clearing roughly $50M across 7,200+ contracts in its debut weekend. Robinhood Markets and Ripple Prime are among the first platforms supporting continuous regulated bitcoin derivatives access. Bitcoin volatility futures, a first-of-their-kind regulated product, began 24/7 trading on CME Globex as of June 1, 2026. The Chicago-based derivatives exchange announced the expanded hours on June 1, confirming that more than 7,200 contracts traded over the inaugural weekend, totaling approximately $50 million in notional value. CME Group…

Analyst Says Strategy’s BTC Sale Is Not Bearish Despite Rising Bitcoin Fear

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Key Takeaways The analysis says Strategy’s bitcoin sale is not a bearish signal, despite growing market concern over the move. Key profitability metrics are falling, signaling that investors are reducing risk rather than adding exposure. A break below major support levels could accelerate selling pressure and deepen scrutiny of Strategy’s funding strategy. Bitcoin Metrics Show Why Strategy’s BTC Sale Is Not Bearish Fear is increasingly shaping bitcoin market sentiment after Strategy (Nasdaq: MSTR) disclosed a sale of 32 BTC, prompting closer scrutiny of investor behavior and market positioning. An analysis…

Swan Bitcoin Drops Federal Lawsuit Against Proton After UK Court Concession Kills Its Core Claims

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Key Takeaways A federal judge dismissed Swan Bitcoin’s entire lawsuit against Proton Management on June 1, 2026, ending 18 months of litigation. Swan admitted in UK proceedings that it never owned the mining trade secrets it claimed, permanently barring it from refiling those claims. Proton, represented by Bergeson LLP and Goodwin, said it remains focused on mining operations after the full dismissal. Case Collapses on Its Own Premise Swan filed the original suit in California federal court after several executives and consultants left the company amid what court filings describe…

Strategy’s 32 BTC Sale Hits Bitcoin as Price Slides 5% and Liquidations Top $627M

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Key Takeaways Bitcoin tumbled below $71,000 on June 1 following escalating U.S.-Iran military tensions. The flash crash triggered $627 million in crypto liquidations, dropping the market cap to $2.52 trillion. Fears rise that future bitcoin sales by Michael Saylor’s Strategy could signal a long-term bearish shift. Bitcoin Crashes Below $71,000 to Kick Off June Bitcoin started June on the back foot, tumbling below $71,000 for the first time since April 13. According to data from Bitstamp, bitcoin dropped to an intraday low of $70,574, a nearly 5% decline from its…

Anthropic Files Confidential S-1 With SEC, Targets IPO at $965B Valuation – Bitcoin News

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Key Takeaways Anthropic filed a confidential S-1 with the SEC on June 1, 2026, targeting an IPO near a $965B valuation. Tokenized pre-IPO products on Solana dropped 34 to 40% after Anthropic issued unauthorized-transfer warnings in May 2026. Anthropic named 8 platforms selling unapproved shares, warning SPV-backed tokens may have limited or no legal value. The Claude developer submitted the filing under standard SEC confidential review procedures, which allow late-stage companies to begin the IPO process without immediately disclosing revenue, margins, or risk factors. The company said the proposed offering…

Bitcoin ETFs Lead Weekly Losses With $1.42B Exit as HYPE ETFs Push Altcoin Inflows

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Key Takeaways Bitcoin ETFs lost $1.42B and ether ETFs $241M, extending institutional selling. HYPE ETFs gained $26M, while XRP added $15.2M, signaling altcoin rotation. ETF flows suggest investors may favor HYPE, XRP, and solana over BTC and ETH. XRP and HYPE Funds Attract Over $40 Million in Weekly Inflows The holiday-shortened week did not give crypto ETF investors much shelter. By the close of trading on Friday, the market had split into two clear camps: heavy redemptions from bitcoin and ether products, and steady, selective demand for smaller altcoin funds.…

Michael Saylor breaks silence after Strategy’s $2.5M Bitcoin sale

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Strategy has put STRC at the center of its latest capital story after selling 32 Bitcoin to help fund preferred stock distributions. Summary Strategy sold 32 Bitcoin for about $2.5 million to help fund distributions on its STRC preferred stock. Michael Saylor promoted STRC after the sale, saying Strategy wants it to become the best credit instrument. Strategy paused Bitcoin purchases while repurchasing convertible debt worth nearly $1.5 billion in face value. Strategy said in an 8-K filing that it sold the Bitcoin for about $2.5 million last week, with…