Category: Bitcoin News

Bitcoin ETPs face worst 2026 outflow as $1.67B leaves crypto funds: CoinShares

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Crypto investment products recorded $1.67 billion in outflows last week, extending their losing streak to three weeks as Bitcoin funds saw their largest exit of 2026. Summary Crypto ETPs recorded $1.67 billion in outflows, extending losses to three straight weeks globally now. Bitcoin funds led the selling with $1.44 billion withdrawn, their largest weekly outflow of 2026. XRP, Hyperliquid and Near attracted inflows, but altcoin participation narrowed sharply across markets last week. Digital asset exchange-traded products posted their second-largest weekly withdrawal of 2026, according to CoinShares. The latest pullback took…

Will Bitcoin lose $72K support as it enters a bearish channel amid ETF outflows?

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Bitcoin has entered a bearish channel after slipping below key support levels as ETF outflows, rising oil prices, and renewed geopolitical uncertainty weighed on market sentiment. Summary Bitcoin has fallen into a bearish channel as more than $2.4 billion exits spot ETFs, and traders defend the key $72,000 support zone. Rising oil prices above $90 and renewed U.S.-Iran military tensions have added pressure to risk assets, including Bitcoin. Analysts warn that a break below $72,650 could expose Bitcoin to further downside, with the next major demand zone between $54,300 and…

Michael Saylor hints at new Bitcoin purchase as STRC dividend vote nears

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Strategy has signaled another Bitcoin purchase while seeking shareholder approval for a proposal that would allow more frequent dividend payments on its STRC preferred stock. Summary Michael Saylor has signaled another Strategy Bitcoin purchase days before a key shareholder vote on STRC dividends. Strategy is seeking approval to switch STRC dividend payments from monthly to twice a month. Retail investor participation could determine the outcome of the June 7 vote, which requires support from holders of at least 50% of outstanding shares. According to a Sunday post from Strategy chairman…

Kraken seeks Bitcoin perps edge after CFTC clears Kalshi contract

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Kraken’s plan to launch regulated Bitcoin perpetual futures in the United States has put the exchange into a fast-moving race with Coinbase and Kalshi after fresh CFTC action opened a new path for crypto derivatives. Summary Kraken expects regulated Bitcoin perps through Bitnomial within 30 days for eligible U.S. institutional clients. Kalshi secured CFTC approval for BTCPERP, while Coinbase opened institutional access through its Deribit route. CFTC staff also issued 24/7 market guidance as exchanges bring offshore-style products into U.S. oversight. Kraken said it “plans” to launch CFTC-regulated perpetual futures…

Solo Home Miner Wins $232K Bitcoin Block With a $300 Machine at 149 Million-to-1 Odds

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Key Takeaways A solo home miner using a Canaan Avalon Nano 3S at 6.68 TH/s won Bitcoin block 951771 on May 30, 2026, at 4:27:23 p.m. Eastern Time (ET). The block reward of 3.1404 BTC was worth approximately $232,000, paid out via Braiins Solo pool. Roughly 20 to 24 solo home mining wins have occurred in the past 12 months, with odds of about 1 in 149 million per block. One Block, One Machine The block was mined at approximately 00:27 UTC through Braiins Solo, a pool designed for solo…

An AI Cracks an 80-Year-Old Geometry Puzzle. What Do Mathematicians Make of It? – Bitcoin News

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Key Takeaways OpenAI solved Paul Erdős’ 1946 puzzle with n^(1+δ) unit-distance constructions. Princeton verified the result, giving AI a 2026 credibility boost in mathematics. Tim Gowers says the advance could influence cryptography and proofs beyond geometry. An 80-year-old geometry riddle finally budged when an OpenAI system stitched together an unlikely construction that beat long-standing expectations. The unit distance problem, posed by Paul Erdős in 1946, asks how many pairs of points exactly one unit apart can exist among n points in the plane; the AI found configurations that grow faster…

Strategy STRC Pays Farmer’s Father 11.5% Yield, Critics Call It a Bitcoin Bait and Switch

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Key Takeaways A farmer’s son shared how his dad earns an 11.5% annualized yield through Strategy’s STRC preferred stock tied to 843,738 BTC. Critics like Glenn Cameron warn STRC trades Bitcoin sovereignty for counterparty risk to a sub-investment grade company. Strategy holds a June 8 vote on more frequent dividends, while a 411 BTC Coinbase Prime transfer sparked brief sell fears. Dad Earns 11.5% on Strategy STRC Shares The post spread quickly across crypto social media this weekend. The son described calling his father after the man noticed the new…

Top 10 Signals Traders Watch as Bitcoin, Stocks and the Fed Set the Tone for June

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Key Takeaways Polymarket priced the June 16-17 Fed hold at 98.2%, but May CPI on June 10 could shift that consensus fast. Bitcoin exchange-traded funds (ETFs) posted over $1.8B in outflows as BTC trades 40% below its cycle peak entering June 2026. XRP ETFs crossed $1.4B in cumulative inflows as SWIFT confirmed 25+ banks going live with blockchain payments by June. Markets Enter June at Extremes The S&P 500 closed May 29 at 7,580.06, its 19th all-time high of 2026, and the ninth consecutive green week for the index. The…

Saylor’s Latest BTC Chart Puts Strategy Bitcoin Buys Back on Watch

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Key Takeaways Saylor’s latest chart showed 843,738 BTC, renewing focus on Strategy’s acquisition pattern. Investors are weighing debt, reserves, dividends, and premium levels against possible treasury moves. Recent Coinbase Prime transfers and Polymarket odds may keep sell-risk debate elevated. Orange Dot Chart Raises Fresh Questions About Strategy’s Next Bitcoin Buy Michael Saylor’s latest orange-dot chart put Strategy’s next bitcoin move back on watch after showing 843,738 BTC and a $62.24 billion reserve value. Investors often track these posts because similar charts have preceded past Strategy purchase disclosures. The latest image…

Trump Demands Fort Knox Audit After CIA Official Seized With $40M in Gold Bars – Bitcoin News

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Key Takeaways FBI agents seized 303 gold bars worth approximately $40M from former CIA official David Rush around May 27, 2026. Fort Knox holds ~147M troy ounces of gold worth an estimated $662B at current market prices, last independently audited in 1953. Trump has called for a Fort Knox audit, but no date has been set as of May 31, with Rep. Massie’s H.R. 3795 still pending in Congress. Trump Posts, Then Explains Trump posted on Truth Social over the weekend, writing that it was “time to physically audit Fort…