BitcoinBitcoin Below $60K: NFP Shock and $2.6B Short Squeeze Setup
Bitcoin fell below $60,000 after US nonfarm payrolls beat estimates by 2x. A $2.6B short squeeze could reverse the trend - here is the data.
Bitcoin — News - Page 4
Bitcoin
BitcoinGrayscale: Strategy Bitcoin Model Under First Stress Test as BTC Falls 21%
Grayscale: Strategy's Bitcoin model is under its first stress test. STRC below $100, cash at $900M. BTC fell 21% in 10 days after first BTC sale since 2022.
BitcoinFirst Fannie Mae-Backed Bitcoin Mortgage Closed
A Michigan couple closed the first Fannie Mae-backed mortgage using Bitcoin as collateral via Coinbase and Better. No BTC sale, no capital gains tax.
BitcoinBitcoin Dropped to $61,300 With $617M in Long Liquidations
Bitcoin fell to $61,300 on June 4: $617M in longs liquidated, 5.5% bounce. Bear flag, 200-week SMA, and what traders expect next.
BitcoinMt. Gox Moves $739M in Bitcoin: What Creditors and the Market Can Expect
Mt. Gox moved 10,306 BTC ($739M) from cold wallets for the first time since March. What the transfer means for creditors and when to expect payouts.
BitcoinStrategy Sells 32 Bitcoin: First Sale Since 2022
Strategy sold 32 BTC for $2.5M to fund preferred stock distributions, its first Bitcoin sale since 2022. BTC dropped below $72K, MSTR shares fell 6%.
BitcoinBitcoin ETF: Record $3B Outflow Streak
Spot Bitcoin ETFs logged a record 10-day outflow streak totaling $2.97B. Santiment analysts call it a contrarian indicator signaling a market bottom.
Bitcoin$1.3B IBIT Dark Pool Sale Sent Bitcoin to $75,600
Unknown trader sold $1.3B in IBIT shares via dark pool. Galaxy Digital's Alex Thorn: largest such trade on record. Bitcoin fell 2.8% to a daily low of $75,600.
BitcoinBitcoin Implied Volatility Hits 8-Month Low Amid ETF Outflows
Bitcoin implied volatility dropped to 36%, an 8-month low. US spot ETFs saw $2B+ outflows in two weeks. Swissblock risk index signals high-risk territory.