Bitcoin ETFs Lose $1.72B in Second-Largest Weekly Outflow Since Launch

In recent developments, crypto ETF flows stayed under pressure from June 1 to June 5, with bitcoin funds posting a fourth straight week of withdrawals and ether ETFs also ending…

Strategy buys 1,550 Bitcoin after controversial 32 BTC sale

In recent developments, strategy resumed Bitcoin buying by purchasing 1,550 BTC for $101.3 million, bringing its total holdings to 845,256 BTC after last week’s controversial sale. Looking closer, market participants…

South Korea police raid Bithumb over lawmaker hiring favoritism probe: report

In recent developments, south Korean lawmaker Kim Byung-gi faces probe over alleged nepotism tied to his son’s crypto jobs as police raid Bithumb’s offices. Looking closer, market participants highlight key…

Bitcoin price eyes $90K as FTX-era BTC bullish divergence flashes again

In recent developments, bitcoin flashes only its second weekly bullish divergence on record, a signal that previously preceded a 755% BTC price rally. Looking closer, market participants highlight key drivers…

Spot Bitcoin ETFs bleed $1.7B as outflow streak hits four weeks

In recent developments, blackRock’s IBIT accounted for most of the weekly Bitcoin ETF redemptions, while Fidelity and Grayscale funds also saw outflows. Looking closer, market participants highlight key drivers such…

One Week After Selling 32 BTC, Strategy Buys 1,550 More for $101 Million

In recent developments, strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1.0 billion. Executive…

Is Bitcoin Bottoming? MVRV Falls to 1.1, Entering the ‘Cheap Zone’ That M…

In recent developments, bitcoin has slipped into what analysts call a “cheap zone,” with its market value to realized value (MVRV) ratio falling to 1.1, a 27-month low. A reading…

Chinese court treats Bitcoin as property in 107 BTC memory theft case

In recent developments, man in eastern China who stole 107 Bitcoin using a memorized seed phrase gets 10 years and nine months behind bars. The development has drawn attention from…

BTC price bottom not due until Q4? Five things to know in Bitcoin this week

In recent developments, bitcoin traders warned that it should be Q3 at least before the real BTC price bear market bottom entered. The development has drawn attention from traders and…

White hats rescue $500K in NFTs after Flooring exploit

In recent developments, coinGecko and NFT Price Floor data show NFT market cap has cooled since April, while CryptoPunks and BAYC remain top collections by value. Looking closer, market participants…