Category: Bitcoin News

Michael Saylor says 2026 Bitcoin sale not unlikely

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Michael Saylor says a Strategy Bitcoin sale before year-end is ‘not unlikely’ in a Coin Stories podcast interview. Summary Saylor told Natalie Brunell it was “not unlikely” Strategy would sell some Bitcoin before year-end, softening his long-held never-sell position. He said any model relying solely on equity, credit, or Bitcoin sales underperforms, and that Strategy uses a mixed capital management approach. Strategy holds 818,334 BTC worth approximately $65 billion and aims to maximise Bitcoin per share over a seven-year horizon to 2033. Strategy executive chairman Michael Saylor told the Coin…

Bitcoin liquidations hit $320M on SEC stock news

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Bitcoin liquidations surpassed $320 million in longs on May 22 after the SEC unexpectedly delayed its tokenized stock plan. Summary Crypto markets saw $320 million in long liquidations on May 22, with longs accounting for roughly $296 million of the total according to CoinGlass data. The SEC delayed a plan to grant broad exemptions for US crypto firms to trade tokenized assets linked to US stocks, Bloomberg reported on May 22. Bitcoin fell toward $76,000 following the news, extending a week of sustained selling pressure and a six-session Bitcoin ETF…

Bitcoin Falls Below $76K as $209M in Long Liquidations Hammer Traders

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Key Takeaways Bitcoin fell 2.8% Friday as Coinglass logged $577.9M in crypto liquidations. Sosovalue data showed $36.29M leaving spot bitcoin ETFs during Friday trading. Donald Trump warnings and Fed fears kept BTC below the $76K resistance zone. Bitcoin Loses Ground The $80,000 range once again appears increasingly distant, with bitcoin now trading below the $76,000 zone after surrendering support at $77,000. Bitcoin’s daily structure continues to reflect a market searching for conviction following the extended retracement from its October 2025 all-time high above the $126,000 range. Bitcoin’s market cap currently…

Nashville Rep pushes Bitcoin reserve bill

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A Bitcoin reserve bill to codify Trump’s executive order gained a Nashville champion. Summary Rep. Matt Van Epps framed the American Reserve Modernization Act as an extension of Nashville’s growing Bitcoin ecosystem. ARMA would lock federally held Bitcoin for a minimum of 20 years and authorize Treasury to acquire up to 1 million BTC over five years. Van Epps cited the $39 trillion national debt as the central argument for the legislation. Rep. Matt Van Epps told Bitcoin Magazine that the American Reserve Modernization Act of 2026 is a direct…

How Jeremy Sturdivant spent the 10,000 Bitcoin pizza fortune

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Jeremy Sturdivant, the 19 year old who received 10,000 Bitcoin for two pizzas in May 2010, spent almost all of it long before BTC crossed even $1, let alone today’s five figure levels. Summary In 2010, 10,000 BTC was worth about $40 to $41 and bought two Papa Johns pizzas for Laszlo Hanyecz in Jacksonville. Sturdivant later said he spent the coins on travel and goods as Bitcoin’s price climbed from fractions of a cent to under $1. At Bitcoin’s November 2021 peak near $69,000, that same 10,000 BTC would…

Bitcoin Erases $77K Level as Bears Eye Negative May Close

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Key Takeaways Bitcoin fell below $77,000 on Friday, hitting an intraday low of $76,476 amid a $1,000 flash sell-off. The drop helped drag the total crypto market cap down to $2.65 trillion. Bitunix analysts warn that if U.S. Treasury yields trend higher, BTC faces severe expansion in volatility. Crypto Market Cap Shrinks as Monthly Losses Loom Bitcoin was on course to close the five-day workweek on the losing side after it slipped below $77,000 just before midday Friday. According to data from Bitstamp, the cryptocurrency briefly plunged to an intraday…

Canary Leads XRP ETF Gains as Bitcoin ETFs Lose $101M

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Key Takeaways Bitcoin ETFs lost $100.82M as Blackrock IBIT extended a 5-day outflow streak. Ether ETFs fell $32.58M for a ninth straight day, led by Blackrock ETHA exits. XRP gained $8.88M, and solana added $3.86M as altcoin ETF demand stayed firm. XRP ETFs Add $8.8M as Bitcoin and Ether Funds Extend Losing Streaks The divide between institutional caution and selective risk-taking became even more visible as money continued flowing out of bitcoin and ether products while smaller crypto ETFs quietly gained ground. Spot bitcoin ETFs recorded net outflows of $100.82…

Bitcoin credit play SATA surges as ASST stock joins capital markets

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Strive’s Bitcoin linked preferred stock SATA is emerging as a key credit market instrument while its common equity ASST gains traction in public markets, reshaping how institutions finance large Bitcoin treasuries through yield bearing securities rather than straight spot purchases. Summary Michael Saylor highlights SATA and ASST as the “most interesting story” in Bitcoin capital markets Strive uses SATA proceeds to buy thousands of BTC while paying double digit yield Strategy’s STRC preferreds have funded roughly $1 billion in recent Bitcoin purchases New Bitcoin backed preferred structures are reshaping corporate…

4.8% inflation expectations put Bitcoin’s ‘digital gold’ narrative on trial

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US one year inflation expectations have climbed to 4.8% for May, a reminder that the inflation story is not over and a fresh stress test for the idea that Bitcoin and crypto function as hedges against persistent price pressure. Summary May one year US inflation expectation at 4.8%, up from a 4.5% preliminary reading and 4.7% previously Market research from Bitwise and others shows Bitcoin has become more correlated with inflation expectations since 2020, but not in a simple hedge like way Studies and market analysis suggest Bitcoin behaves more…

Bitcoin liquidation map shows $1.29b risk below $73.8k

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If Bitcoin drops below $73,786, more than $1.29 billion in leveraged long positions could be liquidated across major centralized exchanges, according to derivatives analytics platform Coinglass. Summary Coinglass flags $1.291 billion in BTC long liquidations below $73,786 on major exchanges A move above $80,995 would put about $1.223 billion of BTC short positions at risk Coinglass data build on earlier BTC liquidation bands that marked $73.6k and $81.3k as key trigger zones Fresh data from Coinglass show that if Bitcoin (BTC) falls under $73,786, cumulative long liquidation intensity on mainstream centralized exchanges…