Strategy bought 24,869 Bitcoin for about $2.01 billion between May 11 and May 17. Summary Strategy’s latest purchase lifted its Bitcoin holdings to 843,738 BTC, over 4% of total supply. The company funded the buy through MSTR common stock and STRC preferred stock sales. Market updates showed Bitcoin below $77,000 as ETF outflows and liquidations pressured crypto prices. The company paid an average price of $80,985 per Bitcoin, including fees and expenses, according to its May 18 Form 8-K. The purchase raised Strategy’s total holdings to 843,738 BTC. The company…
Tag: Bitcoin
Bitcoin Cash breaks below $400 level, is a return to 2025 lows next?
Bitcoin Cash price plunged sharply this week after losing the key psychological $400 support level, raising concerns that the cryptocurrency could revisit its 2025 lows if bearish momentum continues accelerating. Summary Bitcoin Cash price plunged more than 11% below the key $400 support level, falling to its lowest point since early March. Bearish momentum strengthened after a MACD bearish crossover, while RSI dropped near 21, signaling deeply oversold conditions. Analysts now see the $320–$340 region as the next major downside target if BCH fails to reclaim the broken $400 support…
Bitcoin Drops to $76K as Fresh US-Iran Tensions Resurface
Bitcoin (BTC) dropped to $76,000 during the early Asian trading hours on Monday as US-Iran tensions resurfaced. Key takeaways Bitcoin falls to $76,500 as bearish momentum becomes increasingly tied to geopolitical developments. Over $607 million in long positions have been liquidated in the last 24 hours. Bitcoin traders say support at $76,000 should hold to avoid a BTC price drop to $65,000. Bitcoin hits three-week lows with 7% drop Data from TradingView showed BTC price dropped as much as 7% over the last three days to three-week lows of $76,500,…
Bitcoin ETFs bleed $1B, Aave’s $71M ETH unfreeze bid delayed: Hodler’s Digest, May 10 – 16
Bitcoin ETFs recorded $1 billion in weekly net outflows, a judge has delayed a decision on Aave to unfreeze $71 million worth of crypto. Original
XRP Generational Wealth & Ripple , Level Playing Field & Loss Of Bitcoin Dominance
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The video by Digital Asset Investor discusses bullish developments for XRP and Ripple amid U.S. crypto regulatory progress. It highlights that large XRP whales are accumulating rather than selling, controlling over 45 billion tokens (roughly 68.5% of supply) at record levels since 2018, alongside strong inflows into the Bitwise XRP ETF. The host focuses on the recent bipartisan markup of the Clarity Act (a major crypto market structure bill), which is advancing quickly through Congress with optimism for passage by July 4th…
Bitcoin braces for Fed minutes and Nvidia earnings after $661M wipeout
Bitcoin fell below $77,000 on May 18 as selling pressure spread across the crypto market. Summary Bitcoin’s drop below $77,000 came as ETF outflows and forced liquidations weakened short-term market sentiment. Fed minutes, jobs data and sentiment reports may shape rate expectations across markets this week. Nvidia’s May 20 earnings could guide AI stock demand and AI-linked crypto tokens this week. crypto.news reported that U.S. spot Bitcoin ETFs recorded more than $1 billion in net outflows last week, while more than $661 million in crypto positions were liquidated within 24…
Capital B deploys newly raised funds into $15.1M bitcoin purchase
Capital B has expanded its bitcoin treasury after deploying newly raised capital into the purchase of 192 BTC worth €13 million ($15.1 million). Summary Capital B purchased 192 BTC for €13 million after completing three capital raises worth about €17.15 million. The France based company now holds 3,135 BTC acquired at an average purchase price of $105,270 per bitcoin. In a Monday announcement, Capital B said the latest acquisition followed the completion of three separate capital increases that brought in roughly €17.15 million ($20 million). The France-based company stated that…
Five leading free Bitcoin mining platforms worldwide in 2026: Daily rewards, beginner-friendly
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BM Blockchain gains attention as beginners explore simpler Bitcoin cloud mining options in 2026. Summary New crypto users are exploring cloud mining platforms to access Bitcoin mining without hardware or electricity costs. BM Blockchain offers the best beginner-friendly cloud mining with AI-powered computing allocation and a $108 welcome reward. BM Blockchain, NiceHash, ECOS, and Bitdeer are gaining attention as simplified mining platforms for beginners in 2026. With Bitcoin drawing…
Crypto ATM operator Bitcoin Depot files for bankruptcy months after leadership overhaul
Nasdaq-listed crypto ATM operator Bitcoin Depot has filed for Chapter 11 bankruptcy protection in Texas as mounting regulatory pressure and financial losses pushed the company toward an orderly shutdown. Summary Bitcoin Depot has filed for Chapter 11 bankruptcy and taken its global crypto ATM network offline as regulatory pressure intensified across multiple U.S. states. The company said stricter compliance rules, enforcement actions, and litigation against crypto ATM operators made its business model unsustainable. Revenue at Bitcoin Depot fell 49.2% year over year in the first quarter of 2026, while the…
Bitcoin price falls under $77K as ETFs record $1B outflows
U.S. spot Bitcoin ETFs recorded more than $1 billion in cumulative net outflows over the past week as institutional investors reduced exposure to the asset. Summary U.S. spot Bitcoin ETFs recorded over $1 billion in cumulative net outflows last week as institutional demand for crypto exposure weakened sharply. Bitcoin fell below the $77,000 support level after over $661 million in crypto liquidations wiped out heavily leveraged bullish positions. Rising inflation concerns and WTI crude prices above $107 added pressure on risk assets as traders reduced expectations for Fed rate cuts.…