Category: Other Crypto News

Bitcoin ETF Ownership Shifts as Hedge Funds Sell and Banks Buy: CoinShares

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Professional ownership of US spot Bitcoin exchange-traded funds (ETFs) declined sharply in the first quarter as Bitcoin’s bear market deepened, suggesting that trading-oriented institutions were a significant source of selling pressure during the downturn. A new report by CoinShares analyzing quarterly 13F filings — regulatory disclosures that reveal the equity holdings of investment managers with at least $100 million in assets — found that professional investors reduced their Bitcoin ETF exposure to 261,000 BTC from 313,000 BTC in the first quarter, a 17% decline. The combined value of those holdings…

Ripple Partner Thunes Unveils Development That Could Strengthen XRP’s Global Payment Narrative

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Coinbase to Launch Token-backed Mortgage Payments this Summer

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Cryptocurrency exchange Coinbase will allow qualified borrowers to pledge digital assets to fund Fannie Mae-backed mortgage apartments beginning this summer. In a Thursday notice, Coinbase and its partner, Better Home & Finance, said the mortgage structure plan launching “by summer 2026” will allow borrowers to initially use Bitcoin (BTC) or USDC (USDC) as collateral for loans to fund down payments for homes. The initiative, first announced in March, represented a significant shift in companies allowing digital assets to be used for financing houses.  Source: Pavel Danilyuk on Pexels “We’re excited…

Standard Chartered Just Issued A Bitcoin Warning — And The 3 Triggers Are Already In Motion

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Standard Chartered’s head of digital assets research, Geoff Kendrick, has outlined three specific scenarios that stand between Bitcoin and a new market low — a sobering analysis arriving as Bitcoin trades near $62,562, its lowest level since the February lows, and ETF outflows reach historically severe levels, according to a CoinDesk report. Related Reading The analysis from one of the most closely watched institutional voices in crypto arrives as the broader market absorbs a brutal string of data points. US spot Bitcoin ETFs recorded $1.42 billion in outflows for the…

Bitcoin Must Hold $60,000 Next After $2 Trillion Crypto Market Wipeout

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Bitcoin (BTC) returned below $64,000 after Thursday’s Wall Street open as bulls nursed 13.5% weekly losses. Key points: Bitcoin struggles to stabilize amid its worst week of losses in 2026 so far. $60,000 is the line in the sand for bulls to defend, analysis says. BTC price action with a key trend line closely mimics the 2022 bear market. Bitcoin “sellers remain in control” as $60,000 nears Data from TradingView showed BTC price strength barely recovering after a slide to its lowest levels since early February. BTC/USD one-hour chart. Source:…

Bybit Lists Western Union’s USDPT Stablecoin Amid Payments Push

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Crypto exchange Bybit has added support for Western Union’s USDPT stablecoin, a move that brings the payments giant’s digital dollar onto a major crypto trading venue for the first time. The companies announced on Thursday that USDPT, Western Union’s US dollar-pegged stablecoin, is now available on Bybit for holding, trading and transfers. The integration expands USDPT beyond payments and into crypto trading while increasing the range of dollar-denominated stablecoins available to Bybit users. Bybit said it is the first major cryptocurrency exchange to support USDPT. Source: Western Union Western Union…

Why It’s Time To Start Paying Attention To Solana Before It Stages A Repeat Of 2024

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Crypto analyst Crypto Patel has made a bullish case for Solana, explaining why it is time to start paying attention to the crypto asset. This came as he noted that SOL has printed 8 consecutive red monthly candles for the first time in its history.  Why It Is Time To Start Paying Attention To Solana In an X post, Crypto Patel stated that Solana had just printed 8 consecutive red monthly candles in its existence and that this is worth paying attention to. He reiterated that this has never happened…

Bankless Co-Founder Reveals New Crypto Portfolio After Ethereum Sale

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Bankless co-founder David Hoffman has disclosed how he redeployed capital after selling ETH, revealing a new portfolio tilted toward VVV, NEAR, ZEC, HYPE and LIT. The move marks a notable shift for one of Ethereum’s most recognizable public advocates and has triggered debate over whether Hoffman is rotating into a new long-term thesis or chasing a different segment of the market. In a post on X, Hoffman said he “immediately took ~50% of the capital to VVV, NEAR, ZEC, HYPE” after selling ETH. The other half, he said, was held…

Saylor Says Bitcoin Slide Is Capital Rotation as Strategy Loss Grows

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Strategy’s Bitcoin holdings fell deep into paper-loss territory as BTC traded below the company’s average purchase price, renewing scrutiny of Michael Saylor’s Bitcoin treasury model. Strategy holds 843,706 Bitcoin (BTC) acquired at an average price of $75,699 per coin, with a total cost basis of $63.8 billion. However, the latest Bitcoin downturn sank the value of Strategy’s Bitcoin reserve to $52.6 billion, pushing its unrealized loss to $11.2 billion, according to the company’s dashboard. Strategy’s variable-rate perpetual preferred stock, STRC, has also declined below its intended $100 value and is…

Bitcoin’s $60K Range Seen As Potential Long-Term Accumulation Zone, Analyst Says

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A heavy wave of US Treasury issuance, a $250 billion IPO pipeline, and a shift in big tech cash toward AI spending are among the pressures Jamie Coutts says could keep markets tight for a while longer. The Real Vision chief crypto analyst still thinks Bitcoin buyers in the $60,000s may be getting a rare long-term entry point, even if the market has not fully washed out yet. The Pressure Building Coutts framed the recent drop as part of a broader reset, saying Bitcoin has already fallen about 50% from…