Citigroup boosts Bitcoin exposure with $41.2M in Strategy shares

There are two conditions for a recovery to $82K: exchange netflows returning negative and leveraged long liquidation pressure cooling.

While the rest of the industry adds crypto payments as an afterthought, Cloudbet has run on Bitcoin since 2013 — and its growing library of provably fair Originals is what that actually looks like in practic

U.S.-listed spot Bitcoin ETFs recorded their largest single-day outflows in four months on Wednesday as rising inflation concerns and weakening risk appetite pressured crypto markets. According to data from SoSoValue, the 12 spot Bitcoin ETFs in the U.S. recorded roughly…

BitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter.

Traders cashed out nearly $1.2 billion worth of Bitcoin in a single day last week — a sign that the recent recovery may be running out of steam. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High On May 4, investors sold 14,600 Bitcoin, pushing daily realized profits to their highest point since early December. According to CryptoQuant, that kind of selling spike during a bear market rally has historically marked a local price top. A Rally Under Pressure Bitcoin climbed roughly 37% over six weeks, rising from $66,000 in early April to briefly touch $82,380. That level lines up with the cryptocurrency’s 200-day moving average — a technical marker that proved to be a wall during the 2022 bear market. Back then, Bitcoin hit that same average in March before sliding further into a prolonged decline. CryptoQuant’s latest research draws a direct line between that episode and today’s setup. Unrealized profits among traders also spiked during the recent run-up. On M

The gap between BNB and XRP is almost $2 billion now after the latter's latest rejection.

Jane Street sharply reduced its Bitcoin ETF exposure in the first quarter of 2026, cutting reported holdings in BlackRock’s IBIT and Fidelity’s FBTC while increasing positions in Ether ETFs and several crypto-linked equities. The move has revived speculation that one of the market’s largest trading firms may have been a major force in Bitcoin’s recent price dynamics — and that a lighter reported position could remove a key overhang for BTC. According to the latest 13F filings, Jane Street cut its IBIT position by roughly 71% and its FBTC position by about 60% in Q1. Parker White, the Chief Operating Officer (COO) and Chief Investment Officer (CIO) of DeFi Development Corp (DFDV), renewed his thesis from February and argued via X that the filing may help answer questions that have circulated since a major IBIT trading dislocation on February 5 when BTC price saw a massive -18% drawdown. “It is now apparent that Jane Street cut their IBIT and FBTC holdings by roughly 70% in Q1 based on 1

Bhutan could walk away with roughly $767 million in total profit if it sells its remaining Bitcoin near current prices — a striking figure for a Himalayan nation of 750,000 people that quietly built one of the world’s largest sovereign crypto reserves through hydropower mining. Related Reading: US Charges Trio In Brutal Crypto Wrench Attack […]