Bitcoin | Crypto

BSTR co-founder Sean Bill says many Bitcoin treasury companies lack the “ability to actually deploy Bitcoin.” The Bitcoin treasury company space is becoming more divided between firms with actual financial strategies and those leaning more on promotion, according to one industry executive. “I think a lot of them don't have the right capital structure, right. They don't have the ability to actually deploy Bitcoin,” Sean Bill — co-founder of Bitcoin treasury company BSTR, alongside Adam Back  — said during an interview with Cointelegraph published to YouTube on Tuesday. “They're really planning on having Bitcoin do all the talking for them,” Bill said. “I do think that you have a lot of carnival barkers in this space,” Bill said. Read more

Swan Bitcoin CEO Cory Klippsten said it is important to pay attention to retail sentiment around Bitcoin, as ownership is still far from concentrated and “it’s not like Blackrock owns the Bitcoin.” Despite the growing institutional presence in crypto, retail sentiment is just as important as it was when Wall Street was largely on the sidelines, according to Swan Bitcoin CEO Cory Klippsten. “It still does. You have to remember it's not like BlackRock owns the Bitcoin and Fidelity owns the Bitcoin. It's a bunch of retail accounts mostly that actually buy that,” Klippsten said during an interview with Cointelegraph published to YouTube on Tuesday. Read more

Over $500 million in Bitcoin bids now sit near $70,000, while options traders and futures positions converge around the same level. Bitcoin (BTC) traders have placed new buy orders near $70,000 as the price approaches a key liquidity zone. Order-book data shows more than $500 million in bid liquidity between $72,000 and $70,000, creating a demand zone that could shape BTC’s next move. Data from CoinGlass shows dip buyers have placed 6,235 BTC in bid liquidity between $72,000 and $70,000. At current prices, the buy orders are worth roughly $443 million. The largest cluster sits directly above $70,000, where buyers are positioned to absorb the current selling pressure. Bid liquidity refers to limit buy orders waiting below the market price. When price trades into those orders, it can slow a decline and trigger a sharp rebound if demand absorbs available BTC supply. Read more

The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, with KalshiEX LLC now approved to list BTCPERP and Coinbase Financial Markets receiving separate staff-level relief for access to certain Deribit products. The Commission approved KalshiEX LLC's BTCPERP contract as a futures contract, allowing the CFTC-registered designated contract market to list […] The post Bitcoin perps just got a US green light, but one catch could decide everything appeared first on CryptoSlate.

Bitcoin saw its lowest levels since the middle of April as BTC price action continued ot diverge from thriving US stock markets. Bitcoin (BTC) deepened six-week lows at Friday’s Wall Street open as US stock markets diverged to all-time highs. Key points: Read more

On May 29, Strategy (formerly MicroStrategy) moved more than 411 Bitcoin to Coinbase Prime, drawing fresh scrutiny to Michael Saylor’s financing model. Arkham Intelligence data showed two transfers of roughly 205.3 BTC and 206.2 BTC from Strategy-associated wallets before the coins reached the destination address. This movement has not been confirmed as a sale, and […] The post Strategy selling? Saylor’s Bitcoin transfer to Coinbase puts his treasury model under cash pressure appeared first on CryptoSlate.

Bitcoin miners spent years racing to secure cheap electricity, and that electricity has since become more valuable than the Bitcoin mining business built on it. That inversion drives Fidelity's May 2026 assessment that AI hosting could give miners a second revenue stream while flattening Bitcoin's hash rate as major operators redirect energy infrastructure away from […] The post Bitcoin miners’ real prize is power as AI reshapes mining appeared first on CryptoSlate.

Bitcoin’s market cap has dropped below $1.5 trillion, pushing it out of the world’s top 10 assets amid AI stock and precious metal rallies. Bitcoin’s (BTC) latest drawdown to $72,000 has coincided with a sharp drop in its market capitalization, pushing it out of the global top 10 assets by market cap. Key takeaways: Bitcoin’s price has dropped sharply from around $83,000 in early May to as low as $72,400 on Thursday. This was accompanied by a fall in its market capitalization to $1.45 trillion from $1.66 trillion. Read more

The BEA's April PCE print showed headline inflation at 3.8% year over year and core at 3.3%, broadly matching economist expectations and removing the risk of a fresh macro shock, leaving Bitcoin in the fragile middle ground it has occupied since losing $75,000, where macro panic has cooled. Yet, renewed demand still has to arrive […] The post Bitcoin avoided an inflation shock, now it has to prove the rally isn’t over appeared first on CryptoSlate.

A New York lawsuit is seeking to treat some of Bitcoin’s oldest dormant wallets, including addresses tied to the cryptocurrency’s creator, as lost property valued at less than $10 each. The amended complaint asks a state court to grant legal ownership of 39,069 Bitcoin addresses to a pseudonymous plaintiff identified as Noah Doe and two […] The post New lawsuit claims Satoshi Nakamoto’s Bitcoin is “Lost Property” worth under $10 per wallet appeared first on CryptoSlate.

CryptoQuant says that the holding structure for large Bitcoin holders is deteriorating, a trend that has historically preceded “sustained price weakness.” An increasing number of Bitcoin holders are seeing their investments turn red as the holding structure continues to deteriorate across major cohorts, according to CryptoQuant.  Annual balance growth for whale accounts holding between 1,000 and 10,000 Bitcoin (BTC) has turned negative in the fastest contraction this year, CryptoQuant said in a report on Thursday. Monthly growth has been flat since February, suggesting a shift from accumulation to mild distribution mirroring the 2022 bear market, it added. Read more

Bears hold the upper hand for Friday's $9 billion options expiry, keeping Bitcoin under pressure amid heavy ETF outflows and corporate selling Key takeaways: Bitcoin (BTC) retested the $72,500 level for the first time in six weeks on Thursday, triggering $342 million in liquidations for bullish leveraged positions. Despite a subsequent relief bounce to $73,500, traders are worried that bears will keep control due to the upcoming $9 billion monthly options expiry. Read more

Investors selling across spot, futures and ETF markets pushed Bitcoin into its monthly range lows near $72,000 but data shows retail investors buying the dip and opening longs. When Bitcoin (BTC) finally escaped from its channel pattern and secured a multiple-day close above the $77,000 resistance, traders rejoiced and declared the downtrend over.  Fast-forward to the present and BTC has fallen below multiple support levels and appears at risk of retesting $70,000, a 16% decline from its range highs.  Read more

Bitcoin’s slide toward $73,000 triggered active distribution signals, but lowered realized losses and weak spot volumes point to easing sell pressure. Bitcoin's drop below $73,000 on Wednesday marks a short-term turning point for the market, as multiple BTC distribution signals point toward rising sell-side pressure.  While the increasing chance of a correction into the $60,000 to $70,000 range remains in play, long-term holder data points to improving investor sentiment, suggesting that traders view the current price as a buying opportunity. Crypto analyst CryptoOnChain noted that Bitcoin’s drop to $72,500 followed a period of weakening spot demand and unsustainable long positioning in derivatives markets. The Coinbase premium index posted a -1,083% deviation from its three-month average, one of the deepest discounts recorded since 2025. Read more

In the year since Sequans Communications announced that it would adopt a digital asset treasury strategy, the price of Bitcoin fell by more than 30%. The France-based semiconductor company that announced a move into crypto is “no longer pursuing” a treasury strategy after less than a year. In a Thursday notice, Sequans Communications said it held 658 Bitcoin (BTC) worth about $48 million at the time of publication, which it said was “fully unencumbered” and unrestricted as it looks to refocus solely on Internet of Things (IoT) semiconductor growth. The company's NYSE-traded shares, which have shed more than 75% since last June, were up more than 14.5% in morning trading following the announcement. Read more

Bitcoin approached the final week of CME futures gaps with several still open, providing potential BTC price targets as low as $67,000. Bitcoin (BTC) has created its last classic price magnet as a staple chart feature disappears forever. Key points: Read more

Bitcoin fell toward the $72,000 level after a new wave of reported US military strikes on Iran pushed oil higher and sent another shock through risk assets. The largest cryptocurrency fell as much as 3.6% over a 24-hour window, touching an intraday low of $72,792, according to CryptoSlate's data. It has slightly recovered to $73,274 […] The post Bitcoin’s drop toward $72,000 shows how US-Iran tensions are again hitting ETFs, leverage, and flows appeared first on CryptoSlate.

Say goodbye to the popular CME gap. Bitcoin futures and options trading goes 24/7.

Over $935 million was wiped out across the crypto market as traders shifted their focus to $70,000 as the last line of defense for Bitcoin. Bitcoin (BTC) sold off into the early Asian trading session on Thursday as the drop to $72,600 produced significant liquidation of leveraged positions across the crypto market. Key takeaways: The BTC/USD pair fell as low as $72,620 on Thursday, reversing all gains made since April 13 after the US reportedly carried out a new wave of military strikes on Iran.  Read more

Bitcoin slipped below $75,000 for the second time in May, touching an intraday low near $74,200 as the market's recovery from spring lows lost momentum again. The first break came on May 23, when spot ETF outflows and forced liquidations pulled BTC to below $75,000. Then, amid a sell-off in Asian markets, Bitcoin has dipped […] The post Bitcoin slips below $74k for the first time since April as on-chain data shows momentum stalling appeared first on CryptoSlate.