Category: Bitcoin News

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…

Blackrock Drives Bitcoin ETF Recovery as Trading Volume Surges to $2.76B

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Key Takeaways Bitcoin ETFs added $131.31M as Blackrock IBIT drew $144.10M in fresh inflows. Ether ETFs lost $5.65M for a 4th day, with Blackrock ETHA leading withdrawals. XRP gained $18.25M, and Solana gained $6.51M as altcoin ETF demand remained resilient. XRP ETFs Attract $18M as Regulatory Optimism Fuels Investor Demand A calmer tone returned to crypto ETF markets, though the recovery was uneven. Bitcoin funds regained momentum as large institutional buyers stepped back in, helping stabilize sentiment after a sharp selloff earlier in the week. Spot bitcoin ETFs recorded net…

Treasury yields hit 12-month high, Bitcoin stalls

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Treasury yields hit 12-month highs on May 15, pushing Bitcoin back toward $80,500 a day after the Clarity Act committee vote. Summary The 10-year US Treasury yield climbed to 4.5% on May 15, its highest since May 2025, after April CPI data came in at 3.8% above expectations. CME FedWatch now prices a 44% probability of a Fed rate hike by December 2026, sharply reversing earlier expectations of multiple cuts this year. Bitcoin remained below its 200-day simple moving average of $82,228, having failed to close above that level on…

Bitcoin Slides Below $79K as Trump’s Iran Threat Sends Oil Past $105

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Key Takeaways On May 15, bitcoin briefly dipped to $78,611 after the deadlocked U.S.-China summit rattled investors. The flash crash triggered a market-wide liquidation, wiping out $382 million in long positions. Observers expect bitcoin to remain volatile as the tech war over AI chips continues. US-China Tech Cold War Intensifies Bitcoin plunged below the $79,000 mark for the second time in two days as investor sentiment shifted from optimism to caution after a highly anticipated U.S.-China summit failed to deliver the outcomes markets had hoped for. The plunge came 24…

Strategy bonds buyback signals Bitcoin sale risk

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Strategy bonds worth $1.5 billion are being repurchased as Michael Saylor’s firm lists Bitcoin sales as a potential funding source. Summary Strategy agreed to repurchase $1.5 billion of its 2029 zero-coupon convertible notes for approximately $1.38 billion in privately negotiated transactions. The firm named Bitcoin sales alongside cash reserves and equity proceeds as funding options, the first time a BTC sale has been explicitly listed. Settlement is expected around May 19, after which the repurchased notes will be cancelled, leaving roughly $1.5 billion of the 2029 tranche outstanding. Strategy filed…

ZachXBT Says 95% of LAB Token Is Insider-Controlled as Investigation Exposes Multi-Front Retail Rug – Bitcoin News

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Key Takeaways ZachXBT alleges LAB insiders control over 95% of supply and coordinated a 350% pump to a $6B FDV using Bitget infrastructure. The investigation exposes four simultaneous retail extraction methods: OTC loans at 7.5%/month, vesting changes, unpaid marketing rewards, and an opaque market-making deal. ZachXBT posted a $10,000 bounty on LAB founder Vova Sadkov and called on Binance, Bitget, and Gate to freeze insider profits or delist immediately. A $6 Billion Project Built on Hidden Supply LAB launched its token generation event in October 2025, positioning itself as an…

Thorchain Loses Nearly $11M as Attackers Poison Vault Churn Process Across 4 Chains – Bitcoin News

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Key Takeaways Thorchain lost approximately $10 to $11 million across Bitcoin, Ethereum, BSC, and Base on May 15, 2026. ZachXBT flagged the exploit publicly as RUNE dropped 12 to 15% within hours, falling to roughly $0.50. Node operators triggered a global emergency halt; a full post-mortem from Thorchain is still pending. Thorchain Funds Compromised Onchain investigator ZachXBT first flagged the incident via his Telegram channel, placing initial losses above $7.4 million before revised estimates pushed the total higher. The breach hit vaults on Bitcoin, Ethereum, BNB Smart Chain, and Base.…

Mubadala raises Bitcoin ETF stake to $566m in Q1

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Abu Dhabi’s Mubadala disclosed a 16% increase in its Bitcoin ETF position to $566 million in Q1 2026. Summary Mubadala held 14.72 million iShares Bitcoin Trust shares worth $565.6 million as of March 31, 2026, up from 12.7 million shares in Q4 2025. The Q1 2026 filing extends Mubadala’s unbroken IBIT accumulation streak that began in Q4 2024. Abu Dhabi’s combined IBIT holdings across Mubadala and Al Warda Investments exceeded $1 billion at year-end 2025. The SEC 13F filing shows Mubadala held 14,721,917 shares of BlackRock’s iShares Bitcoin Trust valued…

Will Bitcoin price break $100K as golden cross looms?

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Bitcoin price continued consolidating above the key $80,000 psychological support level this week as improving institutional sentiment and strengthening technical structure fueled speculation that bulls may soon attempt a breakout toward the long-awaited $100,000 mark. Summary Bitcoin price held above $80,000 as spot Bitcoin ETFs recorded $131 million in net inflows, reversing the previous day’s $635 million in outflows. BTC remained resilient amid progress on the proposed CLARITY Act and growing capital rotation from gold and silver into BTC. Bitcoin’s 50-day SMA is approaching a bullish golden cross above the…

BitGo wins Moon deal to scale Bitcoin card products in Asia

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BitGo has partnered with Moon Inc. to support Bitcoin-powered card products across Asia.  Summary Moon selected BitGo Singapore to support Bitcoin-linked prepaid card products across Asia’s consumer markets. Hong Kong retail stores and Moon’s online shop will carry prepaid Bitcoin gift cards this month. The deal follows BitGo’s Q1 revenue growth and rising demand for regulated crypto infrastructure. The deal uses BitGo Singapore, a Monetary Authority of Singapore-regulated entity, as the infrastructure layer for Moon’s bitcoin-linked consumer card products. Moon will start with prepaid Bitcoin gift cards. The cards are…