Category: Bitcoin News

Fannie Mae-Backed Bitcoin Mortgage Heads Nationwide

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Key Takeaways Coinbase and Better completed a pioneering Fannie Mae-backed mortgage tied to bitcoin collateral. Qualified borrowers can pledge bitcoin or USDC to support down payment financing. The milestone arrives as federal housing agencies examine crypto in mortgage assessments. Bitcoin Collateral Moves From Crypto Portfolios Into Home Lending The first Fannie Mae-backed bitcoin mortgage has been funded, clearing the way for a nationwide rollout. On June 4, Coinbase (Nasdaq: COIN) and Better Home & Finance Holding Company (Nasdaq: BETR) announced the milestone, describing it as “the first Fannie Mae-backed mortgage…

Sugarcane-Powered Bitcoin Mine to Launch in Brazil With Tether Backing

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Key Takeaways Adecoagro and Tether set a July 1st launch for a green bitcoin farm, next boosting eco-friendly markets. Matheus Lechuga revealed a 10 MW farm to power 1,280 rigs, next upgrading bitcoin market efficiency. Tether bought Adecoagro via a $600M deal, blending agriculture and Bitcoin to disrupt energy markets. Tether-owned Adecoagro to Pilot Sugarcane-Fueled Bitcoin Mining in Brazil Mining companies are migrating to cheaper, greener power sources to maintain their operations economically viable and protect the environment. Adecoagro, one of the largest agricultural companies in Latam, has announced a…

Strategy may be forced to sell more Bitcoin, Grayscale warns

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Michael Saylor’s Strategy has faced growing pressure to sell additional Bitcoin after a recent share price decline raised concerns about the sustainability of its financing structure, according to a new report from Grayscale Research. Summary Grayscale warned that Strategy may be forced to sell more Bitcoin if weakness in STRC increases cash flow obligations. The firm said lower STRC and MSTR share prices could restrict Strategy’s ability to raise capital for additional BTC purchases. While Grayscale expects Bitcoin to recover, Standard Chartered believes Strategy will resume aggressive Bitcoin accumulation. Grayscale…

Polymarket Traders Put 62% Odds on Bitcoin Dropping Below $60K This June – Bitcoin News

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Key Takeaways Polymarket’s June bitcoin market, with $6.22M in volume, prices a 62% chance BTC drops to $60,000 or below. Kalshi’s $60K-vs-$100K contract gives bitcoin an 83% probability of hitting $60K first before year-end 2026. Myriad traders put a 67.9% edge on a $55K dump over an $84K pump in BTC’s next major move. As of 3:30 p.m. EDT on June 4, 2026, bitcoin is trading at $63,826, down roughly 2.8% on the day. The price level has become a focal point on Polymarket, Kalshi, and Myriad markets, where a…

Why is Jim Cramer calling Bitcoin’s latest crash a murder?

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Bitcoin has fallen below $64,000 after Strategy’s small BTC sale intensified pressure on a market already facing ETF outflows and renewed criticism from high-profile skeptics. Summary Bitcoin fell below $64,000 after Strategy disclosed a 32 BTC sale, raising fresh concerns across the crypto market. Jim Cramer said Strategy’s move shook confidence because investors viewed Saylor’s company as a major Bitcoin supporter. SoSoValue data showed U.S. spot Bitcoin ETFs recorded $1.40 billion in outflows during early June. According to Strategy’s latest disclosure, the Michael Saylor-led Bitcoin treasury firm sold 32 BTC…

Solo Bitcoin Miners Keep Pocketing Full Block Rewards in 2026: Here’s How

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Key Takeaways CKPool Solo has facilitated at least 40 verified bitcoin block wins since mid-2023, including three in early 2026. Public Pool on Umbrel confirmed seven solo bitcoin block wins, with the most recent at block height 948146 on May 6, 2026. Futurebit Apollo miners logged three solo block wins since October 2024, each paying out 3.125 BTC plus fees. A Recent Solo Win Puts the Spotlight Back on Home Mining A solo miner hit a bitcoin block recently, collecting the full 3.125 BTC subsidy plus transaction fees, a total…

CoinShares reveals hedge funds slashed Bitcoin ETF exposure by 39% in Q1

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Hedge funds have reduced their exposure to U.S. spot Bitcoin exchange-traded funds by 39% during the first quarter, as professional investors pulled back from the market amid a steep decline in Bitcoin prices. Summary CoinShares reported that hedge funds cut U.S. spot Bitcoin ETF exposure by 39% in Q1, leading a broader institutional pullback. Professional investors reduced combined Bitcoin ETF holdings by 17% to 261,000 BTC as Bitcoin fell 22% during the quarter. Citigroup said ETF flows drive roughly 45% of Bitcoin’s weekly returns and identified regulatory progress as a…

Bitcoin Traders Dump Long Bets as $636M Gets Wiped Out in One-Day Rout

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Key Takeaways Bitcoin fell to $61,310 before fluctuating near $64,000 amid a major crypto market downturn. A massive market sell-off triggered $1.73 billion in total leveraged liquidations across platforms. Bitget Wallet warns that persistent outflows could force a future bitcoin retest of $55,000 to $57,000. Volatility Grips Bitcoin After Flash Crash After plunging to $61,310 late Wednesday, bitcoin quickly reversed the losses, and by midnight it was hovering around $64,600. However, the cryptocurrency could not sustain the momentum, declining gradually until it stabilized at levels just above $62,200. A similar…

$3 Trillion AI IPO Wave Could Pull Capital From Bitcoin as Investors Chase New Market Giants

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Key Takeaways SpaceX targets a June 12 IPO that could raise up to $75B at a $1.75T valuation. OpenAI and Anthropic are pursuing 2026 listings that could push AI IPO values above $3T. Bitcoin faces growing competition for capital as investors eye direct exposure to AI leaders. 3 AI Mega-IPOs Could Redirect Billions At the center of the discussion are three AI giants that could collectively command more than $3 trillion in market value. SpaceX, OpenAI and Anthropic are all reportedly preparing for public listings, with SpaceX expected to lead…

Standard Chartered reaffirms $100K Bitcoin bet as bears see more pain

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Bitcoin has fallen more than 15% this week and briefly slipped towards $61,000, yet Standard Chartered has kept its year-end price target at $100,000 and said the current decline may offer a buying opportunity. Summary Standard Chartered kept its $100,000 Bitcoin target, saying the recent selloff may be nearing an end. Geoffrey Kendrick expects Strategy to resume Bitcoin purchases and cited resilient spot ETF inflows. The bank said recent Bitcoin liquidations were smaller than those seen in major past market crashes. According to a note sent to clients on June…