Tag: Bitcoin

Are Institutions Crashing The Bitcoin Price On Purpose? Here’s What People Are Saying

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Crypto pundit Ash Crypto has drawn attention to speculations about how institutions could be crashing the Bitcoin price on purpose. This comes as the Bitcoin ETFs continue to record massive outflows, which have caused this latest decline for the leading crypto.  Pundit Highlights Speculations Of Institutions Purposely Crashing Bitcoin Price In an X post, Ash Crypto claimed there were rumors that institutions are purposely crashing the Bitcoin price so they can buy at lower prices before the Clarity Act is signed into law. The pundit noted that a similar pattern…

Strategy’s Bitcoin Sale Shakes Treasury Trade Assumptions

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Strategy’s sale of 32 Bitcoin shouldn’t have mattered. The company still holds hundreds of thousands of BTC, and the transaction barely moved the needle on its balance sheet. Yet the market reaction was swift, exposing how much of the Bitcoin treasury trade had been built on a simple assumption: companies buy Bitcoin… and they never sell it. Elsewhere in crypto this week, JPMorgan CEO Jamie Dimon escalated his fight against the industry’s preferred market structure bill and a French Bitcoin treasury company pushed the limits of capital formation by asking…

Bitcoin faces a new test as Saylor calls for ideological balance

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Michael Saylor has urged Bitcoin supporters to balance purity, adoption, innovation, and stability as the asset trades near its weakest levels in almost two years. Summary Michael Saylor said Bitcoin’s future depends on balancing competing ideologies, not choosing one camp. Saylor named Maximalists, Capitalists, Technologists, and Fundamentalists as key groups in Bitcoin’s growth. Strategy’s sale of 32 BTC raised concerns despite its holdings of more than 844,700 BTC. Saylor, writing in a Friday post on X, said Bitcoin’s future should not depend on one dominant ideology. The Strategy chairman said…

Bitcoin Whales Return To Binance: Selloff Echoes February Panic

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Bitcoin’s June correction is now being accompanied by a sharp rise in whale deposits to Binance, according to CryptoQuant analyst Darkfost, reviving a pattern last seen during the market’s February stress event. The data suggests that large holders are moving more BTC back onto the exchange as the selloff deepens, potentially adding near-term supply pressure. Darkfost said Bitcoin is down 14% in June, with the decline accelerating over the past several days. That move has pushed some investors into a more defensive posture, particularly large entities moving sizable amounts of…

Saylor Says Bitcoin Needs Disciplined Expansion as Demand Resets

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Strategy co-founder and executive chairman Michael Saylor said Bitcoin needs “disciplined expansion” through banks, companies, securities, credit and capital markets, laying out a path for the asset as spot exchange-traded fund (ETF) outflows and a broader market sell-off test institutional demand. On Friday, Saylor published an essay, saying Bitcoin’s base layer should be treated as “sacred infrastructure,” with most innovation occurring through higher layers, applications, custody systems, credit instruments and financial infrastructure. The comments frame Bitcoin’s next phase as a clash between two institutional channels: passive spot ETF exposure, which…

Morgan Stanley taps Galaxy to offer crypto-backed access to Bitcoin ETF products

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Morgan Stanley Wealth Management has expanded its crypto offering by enabling eligible clients to convert digital asset holdings into spot crypto exchange-traded products through a new referral arrangement with Galaxy Digital. Summary Morgan Stanley clients can now lend Bitcoin, Ether, and Solana to Galaxy Digital in exchange for shares in spot crypto investment products. Galaxy has reduced the minimum lending transaction size for Morgan Stanley referred clients to $5 million from $25 million. According to a Friday announcement, high-net-worth Morgan Stanley clients can lend cryptocurrencies including bitcoin, ether, and Solana…

Bitcoin Sellers Face ‘Exhaustion’ as They try to Force BTC Below $60,000

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Bitcoin (BTC) extended losses after Friday’s Wall Street open as traders prepared for a retest of $60,000. Key points: Bitcoin begins a battle to protect $60,000 support as sell-side pressure refuses to cool. Analysis sees early signals that “seller exhaustion” is here. US nonfarm payrolls data produce a stronger-than-expected picture of US labor market conditions. Bitcoin battles for $60,000 support Data from TradingView showed daily BTC price downside approaching 5% as sellers stayed in the driving seat. BTC/USD one-hour chart. Source: Cointelegraph/TradingView “Rapidly approaching its February low at $60K. Now…

Blackrock Ends Bitcoin ETF Selloff as IBIT Pulls in $48M After 13 Red Days

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Key Takeaways Bitcoin ETFs gained $3.05M on June 4, ending a 13-day outflow streak. Ether ETFs added $19.3M via ETHA, signaling renewed demand after 17 red sessions. HYPE ETFs extended inflows to 16 days with $12M, while XRP added $3.8M. HYPE ETFs Extend Winning Streak to 16 Days With $12M in Fresh Inflows The long red streak finally broke, but the relief was uneven. After nearly three weeks of pressure across the largest crypto ETF categories, bitcoin and ether funds both returned to positive flows. It was not a sweeping…

Here’s How High The Bitcoin Price Will Climb If It Breaks The Current Bear Trend

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Bitcoin has spent the better part of the past several weeks delivering a painful lesson to bulls. The largest cryptocurrency by market capitalization has shed more than 22% over the past month, slicing through support levels that many traders had considered established. Bitcoin is still trapped below a descending trendline, and the current structure still favors sellers unless price can reclaim important resistance levels. However, technical analysis projection leaves room for a recovery move if Bitcoin breaks out of the bearish trend and starts building momentum above confirmation levels. Bitcoin…

Bitcoin Trader Sees Coinbase, Kimchi Premium Sparking New BTC Price Uptrend

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Bitcoin (BTC) has fulfilled two of three key conditions to spark the next BTC price “rally,” new analysis says. Key points: Bitcoin whales on Hyperliquid and Bitfinex are already pointing to the beginning of a BTC price uptrend, according to the latest findings. Bitcoin markets now need demand to return in the form of the Coinbase and Kimchi Premium. Other preconditions for a bear market bottom are also in the process of forming. Bitcoin price comeback hinges on US, Korea demand Bitcoin whale traders are laying the foundations for BTC…