Bitcoin News / Bitcoinist - 2 weeks ago
NYDIG says a $1.26 billion off-exchange sale of BlackRock’s spot Bitcoin ETF, IBIT, was most likely a large directional holder exiting fast, rather than a basis-trade unwind. The May 26 block trade stood out not only for its size, but for the $29.5 m...
Bitcoin News / Bitcoinist - 2 weeks ago
A senior European Central Bank official has warned that stablecoins carry the same fragilities that once destabilized money market funds, cautioning that their rapid rise could threaten financial stability and quietly entrench the US dollar at the eu...
Bitcoin News / Bitcoinist - 2 weeks ago
Solana co-founder Anatoly Yakovenko has called for another attempt to accelerate SOL disinflation, after a new GitHub discussion proposed improving Solana’s tokenomics through a resource-based base fee that would be fully burned. The debate puts SOL...
Bitcoin News / Bitcoinist - 2 weeks ago
Hyperliquid (HYPE) has managed to break the ceiling on what was thought possible in a crypto bear market. During a time when the likes of Bitcoin and Ethereum have struggled to hold up, the perpetual decentralized exchange (DEX) saw its native token...
Bitcoin News / Bitcoinist - 2 weeks ago
Users who fail to migrate their accounts before quantum computers become a practical threat would not automatically lose their assets under Circle’s new plan — the company is proposing recovery frameworks tied to cryptographic proofs, seed phra...
Bitcoin News / Bitcoinist - 2 weeks ago
The price performance of Ethereum was disappointing for most of May, as the bears seemed to be in full control. It doesn’t seem like much will change for the “King of Altcoins” in the new month, which appears to be a mere continuati...
Bitcoin News / Bitcoinist - 2 weeks ago
US Bitcoin Spot ETFs reported net outflows of $1.42 billion in the final week of May, extending the persistent negative trend observed throughout most of the month. The bearish performance by these investment funds aligns with Bitcoin’s price s...
Bitcoin News / Bitcoinist - 2 weeks ago
Four working weeks. That’s all the time left in June for the US Senate to move on the CLARITY Act before lawmakers head into recess — and the crypto industry is watching the clock. A Crowded Legislative Calendar Senate Majority Leader John Thu...
Bitcoin News / Bitcoinist - 2 weeks ago
Stablecoin issuer Circle has reportedly blacklisted a smart contract linked to privacy protocol Zama, freezing approximately $12.6 million in user funds. The development, first flagged by on-chain investigator ZachXBT, involves the protocol’s Confide...
Bitcoin News / Bitcoinist - 2 weeks ago
Spot Bitcoin ETFs have now logged 10 straight days of outflows, with total net redemptions nearing $3 billion since May 15. That is the backdrop against which social media sentiment around Bitcoin has climbed to its most bullish point all year. When...
Bitcoin News / Bitcoinist - 2 weeks ago
The crypto market in 2026 seemed to be performing similarly to last year, after a negative first quarter, marked by a particularly horrendous February. This similarity continued into the recovery path, as the digital asset market rebounded quite nice...
Bitcoin News / Bitcoinist - 2 weeks ago
Leveraged traders betting on a price recovery got hit hardest when the Sui blockchain went down for the third time in under 48 hours. Data from CoinGlass shows that long positions accounted for $1.72 million of the $1.88 million in SUI liquidations r...
Bitcoin News / Bitcoinist - 2 weeks ago
After beginning the week with a steep drop from around $78,000, the Bitcoin price appears to have found stability near $73,500. However, a recent on-chain evaluation suggests that if a condition is not met, this newfound stability might just be the t...
Bitcoin News / Bitcoinist - 2 weeks ago
Prediction markets put the odds of the Digital Asset Market Clarity Act becoming law this year at 59%, down from a high of 68% following a Senate committee vote earlier this month. That slide reflects growing uncertainty around a bill the crypto indu...
Bitcoin News / Bitcoinist - 2 weeks ago
Treasury Secretary Scott Bessent recently revealed that the United States has seized $1 billion worth of crypto assets tied to the Iranian government. This figure has continued to rise amid the ongoing conflict between the two nations. Operation Econ...
Bitcoin News / Bitcoinist - 2 weeks ago
The US Securities and Exchange Commission (SEC) is pressing charges against Nathan Fuller, a Texas resident, for running a multi-million dollar crypto investment fraud scheme. The case, filed at the US Southern District of Texas, seeks several penalt...
Bitcoin News / Bitcoinist - 2 weeks ago
In a market where most institutions focus on crypto, Bit Digital appears to have taken a more forward-looking approach by recognizing Ethereum’s strategic importance early on. While many players were still treating ETH as a secondary asset, Bit...
Bitcoin News / Bitcoinist - 2 weeks ago
Over the last month, Bitcoin prices have dipped by 3.45% net, as the leading cryptocurrency struggles to sustain its April momentum. During this time, Bitcoin has faced multiple rejections at the $82,000 price zone, triggering a sustained downward tr...
Bitcoin News / Bitcoinist - 2 weeks ago
A public website showing real-time Bitcoin holdings and valuations will be required from whichever firm wins the contract — a transparency measure that sets Texas apart from most institutional holders. The state’s comptroller office released th...
Bitcoin News / Bitcoinist - 2 weeks ago
Tom, the founder of OpenFind, has drawn attention to a research paper co-authored by the Fed Chair Kevin Warsh, in which they highlighted XRP. Specifically, the paper discussed cross-border payments and how crypto assets such as XRP could serve as a...
Bitcoin News / Bitcoinist - 2 weeks ago
Bitcoin is struggling below $75,000 as the market faces uncertainty that has made directional conviction difficult to sustain across multiple sessions. The price is under pressure — and top analyst Axel Adler has identified a development in the insti...
Bitcoin News / Bitcoinist - 2 weeks ago
OKX and Korea Investment & Securities have joined the list of companies investing in South Korean crypto exchanges after agreeing to acquire a 20% stake each in Coinone, one of the country’s largest platforms. OKX, KIS Become Coinone’s Third-Lar...
Bitcoin News / Bitcoinist - 2 weeks ago
Bitcoin is struggling below $75,000 as the market faces uncertainty that has persisted long enough to raise fundamental questions about the nature of the current weakness. The price action is frustrating for bulls who expected the recovery from the F...
Bitcoin News / Bitcoinist - 2 weeks ago
Bankless co-founder David Hoffman recently sold the last of his Ethereum holdings, saying the investment case for ETH had largely played out. That exit came the same week Bit Digital went the other direction — dropping $20 million to add more to its...
Bitcoin News / Bitcoinist - 2 weeks ago
Data shows the Bitcoin loss supply has risen to 8.33 million BTC as the recently-bought tokens have been pushed underwater by the drawdown. Bitcoin Total Supply In Loss Has Shot Up Recently In a new post on X, on-chain analytics firm Glassnode has ta...
