Tag: Bitcoin

Bitcoin isn’t crashing because of Saylor

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When Bitcoin slid below $62,000 in early June 2026, the crypto world reached for the nearest villain: Michael Saylor.  Summary Strategy’s 32 BTC sale was too small to explain Bitcoin’s multi-day selloff or liquidation cascade. Jim Ferraioli argues Bitcoin’s real problem is that it has lost the market’s dominant momentum trade. Bitcoin has been grinding lower since its October 2025 peak, months before Saylor’s June sale. Gold, AI stocks, and IPO speculation are pulling speculative capital away from Bitcoin for now. On June 1, his company Strategy disclosed it had…

Polymarket Resolves Strategy Bitcoin Sale Dispute to No

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A disputed Polymarket contract on whether Strategy sold Bitcoin by May 31 resolved to “No” after two dispute rounds, despite Strategy later disclosing that it sold 32 BTC during the market’s covered window. UMA Optimistic Oracle (UMA) token holders voted to settle the market in “no” following a second resolution cycle that closed at 12:34 am UTC on Thursday, blockchain data shows. An overwhelming 98.6% of the 607 participants voted for the market to resolve in “no,” while only 1.4% voted “yes,” data from Betmoar shows. Polymarket said that no…

Bitcoin ETF Sell-Off Hits 13 Days With $4.4B Outflows

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US-listed spot Bitcoin exchange-traded funds (ETFs) extended their sell-off Wednesday to a record 13 consecutive trading days as Bitcoin demand continued to weaken. Spot Bitcoin ETFs posted $396.6 million in net outflows on Wednesday, bringing cumulative withdrawals to roughly $4.4 billion since the streak began, according to data from SoSoValue. The current run exceeds the previous record of eight consecutive trading days of outflows in February 2025, which saw roughly $3.2 billion exit the funds. Bitcoin price briefly dipped below $63,000 on Thursday. Source: CoinGecko Since the outflow streak began…

Bitcoin News Today: BTC Most Committed Holders Just Sold $2.4 Billion in 2 Days

Something is happening to Bitcoin today as news reports that BTC’s highest-conviction holders have sold approximately $2.4 billion in the past two days alone. This is defined by on-chain analysis as those holding for at least 155 days, with 26% of all bitcoin sold over the past 30 days originating from investors who acquired coins above $90,000. The moves coincide with a 12% week-to-date price decline from an October all-time high above $126,000, while spot ETF net assets have collapsed to $82.83 billion from $107.8 billion. Source: SoSoValue Compounding the…

The US Treasury Secretary on Clarity ACT: This Might Change Bitcoin Forever

Treasury Secretary Scott Bessent, the macro investor and Key Square Group founder who now oversees U.S. fiscal policy, has publicly championed both the strategic bitcoin reserve established under President Trump’s March 2025 executive order and accelerated Senate passage of the Clarity for Payment Stablecoins Act, describing the stablecoin legislation as moving through Washington with what he characterized as ‘deliberate speed’ toward a potential floor vote before summer’s end. Bessent framed the two initiatives as structurally linked, regulatory clarity on dollar-pegged digital assets, in his telling, is the precondition that makes…

Bitcoin slipped below key cost basis levels during May market correction:  Finestel

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Bitcoin closed May near $70,600 after losing roughly 8% to 10% during a month dominated by rising inflation, higher Treasury yields, and escalating geopolitical uncertainty, according to a market report from Finestel. Summary Finestel said Bitcoin ended May near $70,600 after inflation concerns, rising Treasury yields, and geopolitical tensions triggered a market pullback. The report found Bitcoin fell below key holder cost basis levels, while support emerged in the $70,000 to $73,000 range. Professional asset managers increased stablecoin allocations and reduced altcoin exposure as they adopted a more defensive stance.…

Bitcoin quantum discount hits 28% as BTC price sinks near $62K

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Bitcoin’s latest price decline has brought a new theory back into focus. Capriole Investments founder Charles Edwards says Bitcoin now trades with a 28% quantum discount. Summary Charles Edwards says Bitcoin trades at a 28% quantum discount due to slow developer action. Citi and Quantus have both warned that Bitcoin faces rising quantum-security risks. Bitcoin’s price drop toward $62K comes as macro stress and treasury concerns weigh on sentiment. Edwards argues that the market is pricing in fear over slow post-quantum security planning. His model compares Bitcoin’s market price with…

Ripple XRP: Goldman Sachs Exposed !!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Goldman Sachs’ reported XRP ETF exposure just disappeared from its latest 13F filing and that is the story everyone is trying to explain away. In the prior filing, Goldman Sachs had roughly $154 million in XRP-linked ETF exposure. Now, that position appears to have gone to zero. The debate is whether this was a true portfolio reallocation, trading desk activity, client facilitation, or market-making inventory being closed out. But the key point remains the same: Goldman’s disclosed XRP ETF activity was no…

Crypto Holders Avoid Israel’s Tax Program, Exposing Just $50.7M of Hidden Capital – Bitcoin News

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Key Takeaways In August 2025, the Israel Tax Authority cut anonymity rules, causing crypto disclosures to drop to just 58. The policy shift left Israel with $14 million in revenue, missing a $700 million market collection goal. Taxpayers face a steep compliance hurdle before the current voluntary disclosure track closes on Aug. 31, 2026. Broad Underperformance Across All Assets Israel’s push to surface undeclared cryptocurrency holdings is falling far short of expectations, with new data showing that taxpayers are largely avoiding the country’s latest voluntary disclosure program. According to a…

Over $600M in Bitcoin Longs Liquidated As BTC Price Nears $60K

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Bitcoin’s (BTC) brief plunge toward the $60,000 area triggered more than $600 million in long liquidations, raising doubts over whether the latest rebound marks a real bottom or only a relief bounce after a leverage flush. BTC price may rebound toward $70,000 next BTC fell to roughly $61,300 on Thursday before recovering 5.52% to around $64,690, with the rebound coinciding with reports that Israel and Lebanon had agreed to implement a ceasefire. BTC/USD four-hour chart. Source: TradingView The volatile move liquidated over $737 million in BTC positions on a 24-hour…