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Tag: Bitcoin
Why Bitcoin ETFs are seeing record outflows
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
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
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…
HIVE Bitcoin holdings fall as revenue jumps to record $298M
HIVE Digital Technologies ended fiscal 2026 with a smaller Bitcoin treasury even as revenue hit a record high, showing how miners are balancing growth, costs and AI expansion. Summary HIVE held 150 Bitcoin at year-end after mining 2,885 BTC and growing revenue 158% annually. HPC revenue rose 94% to $19.5M, while contracted recurring revenue reached $35M by year-end filings. HIVE plans a 320MW Toronto AI gigafactory for over 100,000 GPUs from late 2027, management. HIVE reported 150 Bitcoin in digital asset holdings as of March 31, 2026. That was down…
Polymarket Trader Loses $527K as Strategy’s First Bitcoin Sale Since 2022 Settles a Heated Bet
Key Takeaways A Polymarket trader lost roughly $527,000 in one day on a wager tied to Strategy’s bitcoin holdings. Strategy sold 32 BTC for about $2.5 million on June 1, its first bitcoin sale since 2022. Corporate movements have continued to swing prediction-market odds and erase bets throughout 2026. A Bet Settled by an SEC Filing A Polymarket trader identified onchain as ‘willo2’ lost around $527,000 in a day after Strategy’s bitcoin sale was made public. The wager sat in a market over whether the company would sell any of…
Blockchain क्या हैं | Crypto | Sagar Sinha Show |
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this special episode of The Sagar Sinha Show, we welcome Sumit Gupta, Co-Founder of CoinDCX, one of the leading multi-billion-dollar crypto exchanges. Sumit shares his incredible 10+ year journey in Tech, Crypto, and Trading, offering valuable lessons for beginners and seasoned traders alike. This episode is packed with expert insights on how to navigate the Share Market & Crypto Market successfully. Sumit also breaks down the fundamentals of Bitcoin, Blockchain technology, and uncovers the hidden realities of crypto & stock market…
Strategy Bitcoin sale sparks Polymarket dispute over rules
A Polymarket trader has challenged the handling of a disputed market tied to Strategy’s Bitcoin sale, arguing that the written rules should count the sale date, not the disclosure date. Summary A trader says he bought 49,695.76 YES shares for about 35,000 USDC in the Strategy market. Strategy’s filing says it sold 32 BTC between May 26 and May 31 for about $2.5 million. The disputed market asks whether Strategy sold Bitcoin by May 31, but timing rules are contested. The dispute centers on the market asking whether MicroStrategy, now…
Bitcoin Moves Into Accumulation Zone That Will Send It On Next All-Time High Run To $250,000
Crypto analyst Aralez has revealed that Bitcoin is entering an accumulation zone that could propel it to a new all-time high (ATH). The analyst signaled that BTC could rally to as high as $250,000 in the next bull market. Analyst Reveals Bitcoin Entering Major Accumulation Zone In an X post, Aralez stated that Bitcoin is near a major accumulation zone, with BTC following a similar script to past bear market cycles. He noted that the leading crypto saw losses of 87%, 84%, and 77.5% from its cycle highs in 2013,…
BTC Dominance Slides as the Bitcoin Price Slips Below $70K
The Bitcoin price has broken below $70,000 for the first time since April 8, completing a roughly 1-5% decline from the $82,000–$83,000 range it was challenging just weeks ago, and dragging the total crypto market capitalization below $2.5 trillion in the process. The analytical question is no longer whether this constitutes a meaningful market correction; the price structure makes that case on its own, but whether the accompanying drop in BTC dominance to 58.7% on CoinGecko signals a tactical reallocation of capital toward altcoins or simply reflects mechanical correlation compression…