Tag: Bitcoin

Analyst Reveals Why Bitcoin Price Must Crash To $42,000 First

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Bitcoin’s latest price action has given bearish analysts more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt to hold higher levels. Crypto analyst Crypto Lens has warned that Bitcoin may still need one final move lower to $42,000 before a new bull run back to new all-time highs above $126,000 can begin. Bitcoin Is Still Inside A Bull Trap Technical analysis of Bitcoin’s price action is predicting a bearish outlook…

Strive adds 2,500 BTC while Bitcoin slides below key levels

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Strive Inc. has raised its Bitcoin holdings to 19,000 BTC after buying an additional 2,500 BTC between May 23 and June 1, 2026. Summary Strive purchased 2,500 bitcoin between May 23 and June 1, raising its total holdings to 19,000 BTC. The company bought the bitcoin at an average price of about $74,092 per coin, including fees and expenses. Strive’s cash and cash equivalents increased to $137.3 million from $93.3 million during the same period. A June 2 filing with the U.S. Securities and Exchange Commission said the Nasdaq-listed company…

Strive Buys 2,500 Bitcoin, Holdings Reach 19K BTC as $4.2B Funding Plan Advances

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Key Takeaways Strive increased its bitcoin holdings to 19,000 BTC, enhancing exposure to cryptocurrency price movements. Cash and equivalents rose to $137.3 million, strengthening liquidity and supporting operational flexibility. Planned funding expansions could provide billions in capital for corporate needs, acquisitions, or additional treasury activity. Strive Grows Its Bitcoin Treasury While Building a Larger Cash Cushion A June 2 filing with the U.S. Securities and Exchange Commission (SEC) shows that between May 23 and June 1, 2026, Strive Inc. (Nasdaq: ASST) purchased 2,500 bitcoin. The purchases lifted holdings to 19,000…

U.S. stocks are pulling capital away from Bitcoin: Binance Research

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Bitcoin has fallen below $70,000 as capital continues to flow toward a narrow group of high-performing U.S. equity sectors, according to a new analysis from Binance Research. Summary Binance Research linked Bitcoin’s recent weakness to record levels of capital concentration in U.S. equities, with AI, defense, and energy sectors attracting investor flows. Bitcoin has remained under pressure as ETF outflows exceeded $3.4 billion over 11 trading days, while Mt. Gox wallet transfers and macro uncertainty weighed on sentiment. Binance Research said past periods of extreme stock market concentration were often…

Georgia Announces Crackdown on Illegal Bitcoin Mining

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Georgia will reportedly install electricity meters across villages and settlements in Mestia as part of a crackdown on illegal crypto mining that officials say is straining the region’s power grid. Vice Prime Minister Mamuka Mdinaradze said Monday that illegal mining had pushed Mestia’s electricity consumption to 133 million kilowatt-hours in 2025, more than 13 times the level of comparable municipalities, according to local outlet 1tv. Large-scale illegal mining operations have led to deteriorating energy supply and grid overload, resulting in numerous outages in the region, affecting both residents and tourists,…

Capital B proposes €5 billion stock issuance to fatten Bitcoin treasury

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Capital B has sought shareholder approval to authorize up to €5 billion in new equity issuance and €116 billion in credit instruments as the French Bitcoin treasury company pushes for additional capital to expand its Bitcoin holdings. Summary Capital B is seeking shareholder approval to authorize up to €5 billion in new equity issuance and €116 billion in credit instruments for future fundraising. The company has increased its Bitcoin holdings to 3,139 BTC after recent purchases funded in part by capital raised from institutional investors. The proposal comes as several…

🚩BITCOIN se TROPIEZA tras el AVANCE de la CLARITY ACT

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ¿Quieres aprender más? 🌗MEMBRESÍA HÍBRIDA: ✅ REGÍSTRATE en BITGET (desde tu navegador): ✅ AÑADE el Código de Referido: cyuk ✅ Envíame tu ID de BITGET en info@encriptos.es 🍀EXCHANGES de CONFIANZA: ►Bitget (con bonus): Código de Referido: cyuk ►Kraken: Código de Referido: phtwdbpz 🔴REDES OFICIALES: ►Twitter (X): ►TikTok (nuevo): ►YouTube: ►Instagram: ►Threads: ►Telegram (no es un grupo): 📩Contacto: info@encriptos.es 🚩IMPORTANTE: La información aquí ofrecida se expone a título meramente informativo y no constituye ninguna recomendación de inversión. Si por iniciativa propia decides invertir,…

Why Bitcoin ETFs are seeing record outflows

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US spot Bitcoin ETFs just posted the longest withdrawal streak in their history. Across nine consecutive trading sessions in late May 2026, extending toward a tenth, investors pulled roughly $2.8 billion out of the funds, with the total nearing $2.97 billion at its peak.  Summary U.S. spot Bitcoin ETFs posted a record nine-day outflow streak in late May 2026. Roughly $2.8B left the funds, while BlackRock’s IBIT lost about $2.04B across the streak. A $1.29B IBIT dark-pool block pointed to institutional reallocation, not broad retail panic. Macro pressure, AI stock…

HIVE Bitcoin Holdings Fall as Revenue Hits Record $298M

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Canadian Bitcoin miner HIVE Digital Technologies’ Bitcoin holdings fell by 331 BTC in the latest quarter, even as the miner reported a sharp rise in annual revenue from Bitcoin mining and high-performance computing (HPC). The company reported holdings of 150 Bitcoin (BTC) in its fiscal year update on Monday, down from 481 BTC at the end of Q4 2025, according to company figures and CoinGecko data. The 331 BTC reduction represents about $23 million in value at current prices, with Bitcoin trading roughly 21% lower year-to-date. HIVE did not explicitly…

NY Lawsuit Served a 2011 Bitcoin Wallet — Owner Moves $2.54M to Prove It’s Not Abandoned

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Key Takeaways A bitcoin wallet dormant since 2011 moved 35.55 BTC on June 2, directly undermining Noah Doe’s abandoned-property claim. Galaxy Research’s Alex Thorn flagged the move, noting the address was Salomon-dusted in the $293B NY lawsuit. A New York default judgment is expected by late June 2026, though full title transfer remains legally unlikely. The Move Noah Doe Likely Did Not Expect Galaxy Research flagged the transaction in real time. The address, 1LwWtSs7tMCwcRczQd5kVMv3xpWw6w4Sxe, received its first coins on March 27, 2011, when one bitcoin traded for roughly $0.87, weeks…