Bitcoin dropped to nearly $59,000 after a 20% weekly decline, sparking debate over the cause. Jim Cramer blamed Michael Saylor and Strategy's sale of 32 BTC for the selloff, but Saylor dismissed this claim. Analysts from CryptoQuant and Citigroup pointed to larger factors like ETF outflows and whale selling as more significant drivers. Concerns also arose about Strategy's funding model and Bitcoin's ongoing bear market trend since late 2025, suggesting broader market dynamics are at play beyond the recent sale.
Bitcoin has dropped from $60K to $59K, down 7.9% over the past week, driven by record outflows from spot Bitcoin ETFs that have already surpassed February 2025's $3.6 billion record. This challenges the idea that institutional ETF access would suppor...
Cryptocurrency markets experienced varied price changes, with Bitcoin falling 1.19% to $59,249 and Ethereum down 0.91% to $1,565.80. Meanwhile, Solana gained 2.10%, indicating selective strength in the market. These fluctuations reflect ongoing volat...
Bitmine Immersion Technologies has acquired 94% of its target to hold 5% of Ethereum's total supply, now owning 5.7 million ETH or 4.7% of all circulating Ethereum. The company also joined the Russell 1000 Large-cap Index, aiming to attract more inst...
Bitmine Immersion Technologies purchased 27,084 ETH worth about $43 million last week, increasing its holdings to 5.7 million ETH, nearly 4.7% of Ethereum's circulating supply. Despite the recent crypto price decline, Bitmine continues to accumulate ...
Cryptocurrency markets display varied price changes, with Bitcoin slightly down at $59,876 and Ethereum nearly unchanged at $1,574. Other coins like Solana and Avalanche show gains, while some tokens experience declines. These fluctuations reflect on...
