Bitcoin surged above $81,000 amid a global risk-on rally fueled by easing Iran tensions and AI optimism. Strategy, the largest corporate bitcoin holder with 818,334 BTC, signaled it may sell some bitcoin to fund $1.5 billion in annual dividend obligations, causing its shares to drop over 4% after hours. This would mark the first time Strategy sells bitcoin, shifting from its usual buy-and-hold approach. Despite a $12.54 billion Q1 loss due to bitcoin's price decline, the company plans to sell bitcoin rather than issue more debt or equity to cover dividends, signaling a strategic shift in funding.
On June 15, Ethereum, Solana, and XRP spot ETFs attracted net inflows, signaling growing investor confidence in these cryptocurrencies. In contrast, Bitcoin spot ETFs experienced $64.09 million in net outflows, reflecting a shift in preference among ...
Despite Bitcoin's recent 10% recovery, analyst Ali Martinez warns the next bull market is not imminent. He points to the Cumulative Value Days Destroyed (CVDD) metric, which last marked a market bottom when Bitcoin hit around $48,000. Martinez sugges...
Bitcoin surged past $66,000 while Ethereum and Solana also gained, driven by easing geopolitical tensions and renewed risk appetite. Despite about $3 billion in outflows from Bitcoin ETFs, experts say this reflects market maturation rather than decli...
Three major institutions—Galaxy Digital, NYDIG, and Standard Chartered—disagree on whether Bitcoin has hit its bottom, with estimates ranging from not yet to around $59,000. Bitwise CIO Matt Hougan argues the focus should be on their shared view that...
Bitcoin investors have added a net total of approximately 259,000 BTC between the price range of $59,000 and $67,000 over the past 10 days, according to Glassnode data. This buying activity spans all wallet sizes, from small retail holders to large w...
