Category: Bitcoin News

Bitcoin Mining Stocks Sink Friday Yet Still Beat BTC in 2026 Performance

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Key Takeaways All ten bitcoin mining stocks tracked fell on May 15, 2026, with Bitdeer dropping the most at 9.59%. Every miner on the list outperformed bitcoin’s negative 11.1% YTD return, led by Hut 8 at 123.16%. IREN Limited’s 12.37% five-day slide signals short-term pressure even as sector YTD gains hold firm. Bitcoin Miner Stocks Suffer on Friday, But Still Hold Solid 2026 Gains Bitcoin closed the week at $77,849, down 11.1% year-to-date. Yet all of the top ten miners today sit well above that figure, and the reasons why…

Crypto market crash hits Bitcoin and alts

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The crypto market lost nearly $90.3 billion in value in a single hour on May 16, pushing Bitcoin to $77,678 and triggering mass liquidations across the board. Summary PPI inflation data came in 6% above forecast, killing rate-cut expectations and sending risk assets into a sharp sell-off. BlackRock’s IBIT shed $136 million as U.S. spot Bitcoin ETFs posted $290 million in outflows, ending a six-week inflow streak. Nearly 154,000 traders were liquidated in 24 hours, wiping out roughly $696 million from the derivatives market. The crypto market shed $90.3 billion…

Drake Drops 43 Songs and Calls Himself a ‘BTC Crypto Big-Timer’ on New Track ‘Dust’ – Bitcoin News

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Key Takeaways Drake’s “Dust” track on Iceman name-drops Sam Bankman-Fried (SBF) and bitcoin across a 43-song triple album released May 15, 2026. The “ BTC crypto big-timer” lyric lands as bitcoin trades in the high five figures, amplifying mainstream crypto adoption signals. SBF, serving 25 years for FTX fraud, now draws a celebrity pardon plea from Drake ahead of a Netflix series on the collapse. Drake Releases Triple Album in May 2026 and Plants Bitcoin, FTX Shoutout on Iceman Cut The three projects, “Iceman,” “Habibti,” and “Maid of Honour,” mark…

Bitcoin Slides to $77,614 as US and Israel Weigh New Strikes on Iran

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Key Takeaways Bitcoin fell below $78,000 as rumours of potential U.S. and Israeli military strikes against Iran intensified. The sudden crypto market crash wiped out $666 million in long positions. Investors look ahead as the Israel Defense Forces prepare assets for a conflict that could last for weeks. Bitcoin Slips Below $78,000 as Geopolitical Tensions Rise Bitcoin dipped below $78,000 Saturday morning amid fears that the U.S. and Israel are about to resume bombing Iranian facilities. Bitstamp data show that the top cryptocurrency dropped to a session low of $77,614…

Santiment flags Bitcoin euphoria after CLARITY win

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Santiment warned that Bitcoin social media euphoria spiked following the CLARITY Act’s Senate Banking Committee vote on May 14. Summary Santiment tracked a major spike in Bitcoin social media euphoria following the CLARITY Act’s 15 to 9 Senate Banking Committee vote. The platform recorded 1.55 bullish Bitcoin comments for every bearish one, a ratio it flagged as a potential contrarian warning. Santiment advised caution, noting markets typically move opposite to crowd expectations when sentiment reaches extreme bullish levels. Sentiment analytics platform Santiment posted on X and its community insights platform…

Bitcoin ETFs end six week inflow streak at $1b

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Bitcoin ETFs logged $1 billion in net outflows in the week ending May 15, ending a six week inflow streak. Summary US spot Bitcoin ETFs recorded $1 billion in net outflows for the week ending May 15, their largest weekly exit since late January. The reversal ended a six week inflow streak worth $3.4 billion, the longest positive run since July 2025. On the final trading day of the week, all 11 Bitcoin ETFs posted outflows totalling $290.42 million with no fund positive. US spot Bitcoin ETFs posted $1 billion…

Strategy to Repurchase $1.5B in Notes, Says Bitcoin Sales Could Fund Deal – Bitcoin News

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Key Takeaways Strategy agreed to repurchase about $1.5 billion of its 0% convertible notes. Funding options include cash reserves, securities-sale proceeds, and possible bitcoin sales. Cancellation of the notes would reduce outstanding debt after the transaction settles. Strategy Details $1.5 Billion Convertible Note Repurchase Plan On May 15, Strategy Inc. (Nasdaq: MSTR) announced on X that it had entered privately negotiated agreements to repurchase about $1.5 billion principal amount of its 0% Convertible Senior Notes due 2029. The company also filed a Form 8-K with the Securities and Exchange Commission…

Tokenized Assets Could Reach $1.6T by 2030, Binance Research – Bitcoin News

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Key Takeaways Binance Research framed tokenization as a bridge between traditional finance and blockchain systems. Tokenized penetration across fixed income, equities, real estate, private credit, and commodities remains around 0.01%. Regulatory progress could shape whether tokenized markets move beyond early institutional pilots. Tokenized Markets Move Toward Wider Adoption Binance Research published a report on May 15 that framed tokenization as a growing bridge between traditional finance and blockchain infrastructure. The report said real-world assets ( RWAs) could form a much larger market by 2030 as institutions test digital versions of…

Bitcoin falls below $79k as bond yields surge

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Bitcoin fell to $78,600 on May 15 as bond yields surged to a 12 month high, rattling risk markets. Summary Bitcoin fell to $78,600, down roughly 4% from Thursday’s $82,000 high, as bond yields hit their highest since May 2025. The 10-year Treasury yield reached 4.54% while Fed rate hike probability surpassed 44% according to CME FedWatch data. Crypto-linked equities including Coinbase, Circle and Strategy fell between 5% and 7% in the same session. The US 10-year Treasury yield surged to 4.54% on May 15, its highest point since May…

Anonymous whale dumps 250 wrapped Bitcoin

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An anonymous address sold 250 wrapped Bitcoin worth $20.3 million on-chain, on-chain data showed on May 15. Summary An anonymous wallet offloaded 250 wrapped Bitcoin for approximately $20.3 million in a single on-chain transaction on May 15. The sale adds fresh sell-side pressure as BTC trades near $80,400 amid rising Treasury yields and inflation fears. On-chain analysts have tracked a broader pattern of large-holder distribution throughout 2026. Whale offloads $20.3m in wrapped Bitcoin “A chain address sold 250 WBTC worth $20.3 million,” on-chain data aggregated by KuCoin’s flash news desk…