Zcash outperformed Bitcoin during Wednesday’s market selloff, rising over 5% in the last 24 hours while BTC’s price remained under pressure.
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Strategy sold 32 Bitcoin to fund dividends as STRC slipped below par, testing the main engine behind its BTC purchases.
(Bloomberg) -- Bitcoin’s selloff extended into Wednesday after Strategy Inc.’s sale of a tiny portion of its massive cryptocurrency stockpile rattled sentiment and widened the token’s divergence from record-setting technology shares.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTrump Begins Rebuilding His Tariff Wall Citing Forced LaborCanada Dips Into Technical Recession for First Time Since 2020T
Andrew Kang increased his stake from $1 million to $19 million after betting on Figure AI in late 2023, a move his usual VC network cautioned against.
In the latest Bitcoin news, BTC price crashed to a four-month low of $65,707 on June 3, shedding 7% in 24 hours and more than 12% across seven days, as $1.85 billion in crypto liquidations tore through derivatives markets.The dominant narrative that followed pointed fingers at Michael Saylor and Strategy’s ...
Bitcoin price plunged to $65,422 today, extending the ongoing crash to more than 20% within just a month. Critics such as ‘gold bug’ Peter Schiff reiterated his $20K prediction amid bearish sentiment. The crash comes as investor money pours into artificial intelligence plays, pulling capital away from the crypto market and amplifying fears of a
If you are wondering whether Strategy's current share price reflects its true worth, this article walks through the key signals that matter for valuation. After a very strong multi year run where the stock is up a large amount over 3 years and 196.2% over 5 years, more recent moves have been weaker, with the share price down 14.9% over the last week, 23.2% over the last month, 13.4% year to date and 64.9% over the past year, based on a last close of US$136.08. Recent coverage of Strategy has...
Bitcoin is falling following Strategy's first BTC sale since 2022—and one analyst sees that as a good thing for Ethereum.
<p>IBIT has seen 11 straight days of outflows.</p>
President Donald Trump denied reports that communications between the United States and Iran had stalled, calling the claims “fake news.”
Strategy sold 32 Bitcoin for the first time since 2022. Experts split between smart strategy and a worrying signal.
Strategy sold 32 BTC after 41 months, dragging MSTR and BTC lower as analysts warn of deepening Saylor dependence.
Bitcoin, which had clawed its way back above $80,000 after dropping into the $60,000 range earlier this year from late-2025 record highs in the six digits, is slumpung. Several crypto-linked stocks are also in retreat.
Shares in the leading Bitcoin treasury firm Strategy (MSTR) are now more than 70% off their 52-week high after the company sold BTC.
Bitcoin's sell-off deepened on June 2, falling below $67,000 and dropping roughly 13% over the previous seven days, per TradingView. The slide followed Strategy's first Bitcoin sale in years, a long run of outflows from U.S. spot Bitcoin ETFs, and the movement of roughly $739 million worth of ...
Google is seeking $80 billion to further its AI efforts, and Polymarket traders are in a tizzy over an outcome regarding Strategy’s bitcoin sale.
Tesla bull Ross Gerber just took a sharp swing at Bitcoin (BTC). This comes at a time when "king crypto" has slipped below its $70,000 mark for the first time since April, while its rival, gold, continues to hold the fort in green. Gerber is the co-founder and CEO of Gerber Kawasaki Wealth ...
The selloff in cryptocurrencies is worsening on June 2 as Bitcoin’s (CRYPTO: $BTC) price falls 6% on the day ...
Bitcoin falls to its lowest level since April 8 as Iran risk and Strategy selling pressure crypto demand.
Benchmark-StoneX analysts grew bullish towards Strive after the Bitcoin-buying asset manager padded cash reserves while growing its stockpile.
Scott Melker discusses the controversy surrounding prediction markets after Polymarket voided a wager on whether Michael Saylor and Strategy (MSTR) sold bitcoin (BTC-USD) in May, citing that the disclosure came in June."The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
Analyst Lark Davis stated that most of the reasons are short-term, with the dominant driving force being Bitcoin's historical four-year market cycle.
Bitmine's Tom Lee told CoinDesk that the record 11-day bitcoin ETF outflow streak and Strategy's first BTC sale since 2022 are just typical signs of a market bottom. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
Crypto analysts say investors should look closely at each company's financial situation rather than expecting a cascade of incoming sales.
Although Strategy sold only 32 BTC, Standard Chartered’s Geoffrey Kendrick said investors viewed the transaction as a structural signal rather than an isolated event.
Standard Chartered's Geoffrey Kendrick says Strategy's tiny 32 BTC sale signals Ethereum's outperformance over Bitcoin.
For years, one of the most powerful narratives in the cryptocurrency market wasn’t Bitcoin (CRYPTO:BTC) itself. It was the idea that Michael Saylor’s Strategy (NASDAQ:MSTR) could buy Bitcoin indefinitely and never sell a single coin. The company transformed itself into the world’s largest corporate Bitcoin holder and became a leveraged proxy for investors who wanted ... Michael Saylor’s Strategy Just Did the Unthinkable — It Held Its First Bitcoin Liquidation
Eric Balchunas of Bloomberg said that institutional adoption is just the "icing on the cake" of Bitcoin's thesis.
Shares of Strategy (NASDAQ:MSTR) are down 10% in mid-morning trading Tuesday, while Coinbase (NASDAQ:COIN) stock is off 6%. The catalyst is the tape under both names: Bitcoin (CRYPTO:BTC) has broken below $70,000. Strategy stock is trading around $135 after a Monday close of $149.78. Coinbase stock is changing hands near $172 versus Monday’s $182.61 close. ... Strategy Crashes 10%, Coinbase Falls 6% as Bitcoin Breaks $70,000 Floor in Day-Two Selloff
Myriad predictors think it's increasingly likely that Bitcoin's next stop is $55,000 rather than $84,000 as BTC continues its slide.