Bitcoin dropped over 3.8% to below $70,000, hitting multi-week lows after MicroStrategy sold 32 BTC worth $2.5 million to pay preferred stock dividends, marking its first public bitcoin sale since 2020. This sale, though small relative to MicroStrategy's holdings, added to negative sentiment alongside continued outflows from Bitcoin ETFs and broad crypto weakness. Other major cryptocurrencies like Ethereum, XRP, and Solana also declined, while Hyperliquid's HYPE token surged 24.3%. Meanwhile, US equity futures fell slightly amid rising US-Iran tensions and higher oil prices, which may pressure Federal Reserve rate policies going forward.
Bitcoin's recent price recovery has paused as Strategy sold 32 BTC, its first sale since 2022, to fund dividends. Although the sale is small and Strategy still holds over 843,000 BTC, it raises questions about the 'never sell' stance. User holdings o...
A whale opened a $44 million short position on Ethereum (ETH) following a major Bitcoin sale by Strategy, which rattled the market. This move, combined with other large holders selling and ETH reserves slipping, shows bearish sentiment among whales. ...
Crypto investment funds experienced significant outflows totaling $1.67 billion last week, marking the second-largest weekly withdrawal in 2026. Bitcoin led the decline with $1.43 billion pulled out, while Ethereum also saw $257 million in outflows. ...
David Hoffman, co-founder of Bankless and a longtime Ethereum supporter, has sold his ETH holdings, signaling growing bearish sentiment for Ethereum. This move comes amid declining network activity, with daily active addresses dropping from over 1.5 ...
Bankless co-founder David Hoffman sold his Ethereum holdings, stating the "ETH is money" thesis has played out as Ethereum's active addresses decline and exchange supply rises. ETH price is near $1,975, down 14% over the past month, with on-chain dat...
