Bitcoin rallies through $77K despite spot BTC ETF outflows topping $2B

Profit-taking by Bitcoin traders pushed the Coinbase BTC premium to a six-week low, but demand from longer-term traders put a clear support under the range lows.

Bitcoin quantum exposure covers 1.92 million BTC, or 9.6% of total supply, Glassnode warned in a new report. Blockchain analytics firm Glassnode published a full analysis on May 20 classifying 1.92 million BTC, or 9.6% of total supply, as structurally…

Bitcoin has followed its current script before. According to one crypto analyst, it may be doing so again, and if history holds, the next move is not upward. Crypto analyst Merlijn The Trader has outlined a six-step framework on X that places BTC’s current price action directly onto the structure of the 2021 market cycle. […]

SpaceX is gearing up for what's likely to be a blockbuster IPO, and Elon Musk's aerospace and AI firm holds more Bitcoin than expected.

SpaceX files for a Nasdaq IPO under SPCX, disclosing $4.69B in Q1 revenue, a $4.28B loss, and 18,712 BTC. The post SpaceX files for Nasdaq IPO under SPCX, discloses Bitcoin holdings and $4.3B Q1 loss appeared first on Crypto Briefing.

Nakamoto Inc. (Nasdaq: NAKA) announced a 1-for-40 reverse stock split on May 20, 2026, set to take effect at 12:01 a.m. ET on May 22, 2026. Nakamoto Cuts NAKA Shares 40-to-1 to Salvage Nasdaq Listing Before June Deadline The bitcoin treasury and operating company said every 40 pre-split shares will consolidate into one post-split share. […]

The analyst's bullish stance on Strategy Inc. underscores the high-risk, high-reward nature of its Bitcoin-centric strategy, highlighting potential volatility and the critical role of Bitcoin's market trajectory in determining shareholder value. The post TD Cowen analyst assigns buy rating on Strategy, raises price target to $400 appeared first on Crypto Briefing.