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Bitcoin’s drop toward the $59,000 area triggered a fresh leverage flush, with CoinGlass data showing heavy futures liquidations across the crypto market.
Read full articleA potential Tesla-SpaceX merger could centralize Bitcoin holdings, impacting crypto markets significantly if financial pressures arise. The post Tesla beats Q1 EPS estimates as SpaceX shares drop 19% post-IPO, raising questions about combined Bitcoin treasury appeared first on Crypto Briefing.
Bitcoin’s drop below $60,000 has triggered nearly $1.48 billion in crypto liquidations after fresh U.S. inflation data reinforced expectations that interest rates could remain higher for longer. According to data from crypto.news, Bitcoin (BTC) fell 3.3% to an intraday low…
Strategy's Series A perpetual preferred stock has fallen to record lows around $73-78, down roughly 25% from its $100 par value in two weeks, as a leverage-driven selloff accelerates despite the company's bitcoin balance sheet staying intact.
The price of bitcoin reached a consequential low on Thursday, falling to its weakest level of 2026 when it touched $58,035 on Bitstamp at 9:55 a.m. Eastern time. Over the past 24 hours, $40 billion has vanished from the total crypto market capitalization, leaving it precariously close to slipping beneath the $2 trillion threshold. Crypto […]
Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.
Strategys STRC preferred stock plunged below $74 as Bitcoin fell under $60,000, lifting its effective yield and increasing pressure on the companys funding model. The post STRC hits record low below $74 as effective yield jumps above 14% appeared first on Crypto Briefing.
Iran's toll system in the Strait of Hormuz, leveraging crypto, challenges international norms and may set a precedent for maritime revenue models. The post Iran plans to generate $40B annually from fees in Strait of Hormuz, accepts Bitcoin and USDT appeared first on Crypto Briefing.
The sell-off highlights vulnerabilities in MicroStrategy's financial strategy, potentially affecting investor confidence and Bitcoin's market stability. The post Massive put buying triggers sell-off in MicroStrategy, impacts Bitcoin appeared first on Crypto Briefing.
