Bitcoin's $63K Reclaim Liquidates $540M in Crypto Shorts, a 7-Week High
Experts remain cautious of Bitcoin’s weekend rebound to $63,000, pointing to ETF outflows and CME BTC volatility.
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Germany's Bitcoin sale highlights the potential for significant opportunity costs in government asset liquidation strategies, influencing future policies. The post German government sold 49,858 Bitcoin for $2.89B at $57,900 average, missing billions in potential gains appeared first on Crypto Briefing.
Read full articleExperts remain cautious of Bitcoin’s weekend rebound to $63,000, pointing to ETF outflows and CME BTC volatility.
For most of Bitcoin’s history, the threat of quantum computers breaking its cryptography was a distant, theoretical worry, the kind of thing dismissed with “by the time that happens, we will have fixed it.” In 2026, the fixing has begun.…
Strategy bought 1,550 Bitcoin for $101.3M, lifting holdings to 845,256 BTC and raising its cash reserve to $1 billion after selling 32 BTC.
China’s Supreme People’s Procuratorate published a landmark case on June 7 in which prosecutors in Qingdao successfully argued that Bitcoin qualifies as legally protected property under the country’s criminal law — sentencing a thief to nearly 11 years in prison for stealing 107 Bitcoin — in a ruling that creates a striking legal contradiction at […]
Crypto rebounded Monday after Friday's selloff, driven by strong jobs data, AI IPO liquidity drain and Saylor worries.
Bitcoin has attracted about $12 billion in combined inflows from exchange-traded funds and corporate treasury buyers in 2026, even as ETF investors pulled a net $2.6 billion from the market, according to Bernstein. Bernstein analysts led by Gautam Chhugani said…
Strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1.0 billion. Executive Chairman Michael Saylor disclosed the purchase on X on June 8, 2026, sharing the company’s updated reserve figures. The announcement came exactly one week after Strategy’s first disclosed […]
Analysts have outlined numerous times in the past week the significance of that one minor sale. But, that narrative could evaporate if Strategy keeps buying.