NewsBTC·
Standard Chartered’s head of digital assets research, Geoff Kendrick, has outlined three specific scenarios that stand between Bitcoin and a new market low — a sobering analysis arriving as Bitcoin trades near $62,562, its lowest level since the February lows, and ETF outflows reach historically severe levels, according to a CoinDesk report. Related Reading: Bloodbath For Bulls: $623 Million In Bitcoin Longs Liquidated The analysis from one of the most closely watched institutional voices in crypto arrives as the broader market absorbs a brutal string of data points. US spot Bitcoin ETFs recorded $1.42 billion in outflows for the week ending May 29 — the third-worst weekly result in history — with total outflows over the preceding three weeks exceeding $4.21 billion, per Bitcoin Foundation’s tracking of ETF flow data. Bitcoin has simultaneously fallen to the lower boundary of the Power Law corridor, a long-term valuation model that plots price against time on a logarithmic scale, with
Read full articleBitcoin has fallen below $64,000 after Strategy’s small BTC sale intensified pressure on a market already facing ETF outflows and renewed criticism from high-profile skeptics. According to Strategy’s latest disclosure, the Michael Saylor-led Bitcoin treasury firm sold 32 BTC after…
The shift in Bitcoin holdings highlights a growing divergence in institutional strategies, potentially impacting market stability and future adoption. The post CoinShares report reveals 17% drop in institutional Bitcoin holdings as hedge funds flee appeared first on Crypto Briefing.
Solo bitcoin miners running desktop-sized hardware are still finding full blocks in 2026, and the data from several active solo mining pools makes clear this is no longer a fluke. A Recent Solo Win Puts the Spotlight Back on Home Mining A solo miner hit a bitcoin block recently, collecting the full 3.125 BTC subsidy […]
Only 58 people came forward under Israel’s voluntary crypto disclosure program, leaving the tax authority far short of the billions of dollars it had hoped to collect. Officials had expected a surge in corrected filings and fresh tax payments, but the early results point to a much quieter response. Related Reading: Bitcoin Eyeing $60,000 Support […]
Demand for peptides fueled by the "looksmaxxing" trend has spawned a $100 million gray market paid for primarily with crypto.
Hedge funds have reduced their exposure to U.S. spot Bitcoin exchange-traded funds by 39% during the first quarter, as professional investors pulled back from the market amid a steep decline in Bitcoin prices. According to a CoinShares report based on…
The surge in global wealth highlights the growing influence of AI and presents untapped opportunities for digital assets in wealth management. The post Global high-net-worth wealth rises 9% to $98.3 trillion as AI rally mints 736,000 new US millionaires appeared first on Crypto Briefing.
A Coinbase-Better Home & Finance initiative will allow qualified borrowers to use Bitcoin and USDC as collateral for home loan down payments.
