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 on exchanges like OKX are declining, indicating cautious sentiment rather than panic. Overall, Bitcoin's leveraged trading positions remain below pre-crash levels, showing traders are hesitant to increase risk, with Binance being a notable exception where activity is picking up.
XRP has dropped below the key support level of $1.30 following increased selling pressure in early June, coinciding with Ripple's scheduled escrow unlock releasing 1 billion XRP. This technical breakdown comes amid Bitcoin's fall below $70,000, which...
Mt. Gox transferred 10,422 BTC worth about $739 million to a new unmarked wallet, its first major bitcoin movement since March. The transfer's purpose is unclear as the receiving wallet is not linked to any known exchange, easing immediate concerns o...
Mt. Gox, the defunct Bitcoin exchange, transferred 10,423 BTC valued at about $739 million to a new wallet on June 2, ending a six-month inactivity period. Additionally, 116 BTC was moved to its operational hot wallet. The creditor compensation deadl...
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. ...
Bitcoin started June under pressure due to weak seasonal trends and significant outflows from spot Bitcoin ETFs, with over $2.43 billion pulled out in May and $1.42 billion in the last week alone. Additionally, the stablecoin market, which provides l...
