Bitcoin fell below $71,000 due to escalating geopolitical tensions between the US and Iran, including threats to block key maritime routes. The decline was compounded by Strategy's sale of 32 BTC to fund dividends, marking its first Bitcoin sale since 2022. Market caution persists as Bitcoin tests support levels, with mixed network data and increased selling pressure signaling potential further downside. Analysts suggest the drop fits a broader four-year cycle pattern, with possible retesting of lows before a deeper bottom forms in 2026.
Cryptocurrency markets saw a general downturn with major coins like Bitcoin dropping 3.2% to $71,053 and Ethereum falling 1.47% to $1,968.62. Other notable cryptocurrencies such as Binance Coin and XRP also experienced declines. This reflects ongoing...
Tether, known for its stablecoin USDT, is hiring AI inference engineers skilled in C++ to advance its QVAC platform, which runs AI directly on user devices without cloud reliance. This local-first AI approach enhances privacy by keeping data on the d...
Bitcoin has fallen 6% recently and could drop to $65,000 if it loses a crucial trend line support this week. Nearly $3 billion has been withdrawn from Bitcoin ETFs, signaling bearish investor sentiment. Despite this, technical indicators suggest a re...
Bitcoin dropped below $71,000, a level not seen since mid-April, driven by significant ETF outflows and cautious institutional investors amid ongoing regulatory talks in Washington. Large holders have been selling into strength, adding supply pressur...
In May 2026, Solana spot ETFs attracted $115.34 million in net inflows, with Bitwise's BSOL staking ETF accounting for about $80 million of that total. This marked the best month for Solana ETFs in 2026, with no days of net outflows throughout May. M...
