Bitcoin Exchange Supply Plummets to 5.6%
@Bitwise has launched the Bitwise Hyperliquid ETF (BHYP), offering 100% access to $HYPE with in-house staking, starting May 16, 2026. Increased institutional interest noted. #Update #Crypto $HYPE
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
@Bitwise has launched the Bitwise Hyperliquid ETF (BHYP), offering 100% access to $HYPE with in-house staking, starting May 16, 2026. Increased institutional interest noted. #Update #Crypto $HYPE
Bitcoin’s (BTC) price rally to $82,000 has stalled amid resistance and declining ETF demand; analysts suggest a breakout requires flipping $82K-$84K into support and renewed institutional interest. #Update #Crypto $BTC
@MicroStrategy plans to repurchase $1.5 billion of its 2029 convertible bonds, aiming to retire half using cash or $BTC sales as part of its liability restructuring strategy. #Update #Crypto $BTC
Bitcoin fails to break $82,000 resistance three times as short-term holders sell into strength; price remains trapped between $77.9K support and 200-day SMA. #Update #Crypto $BTC
Kraken will migrate its wrapped Bitcoin product, kBTC, from LayerZero to Chainlink’s interoperability protocol following a $292M exploit involving LayerZero. #Breaking #Crypto $BTC
Crypto analyst Michaël van de Poppe predicts Bitcoin could surge to a four-month high of $86K-$90K in weeks, citing strong momentum and bullish sentiment as buying continues during dips. #Update #Crypto $BTC (+7) ↗
XRP price outperforms $BTC and $ETH, leading the crypto market with significant gains. #Update #Crypto $XRP
Bolivian officials met with the U.S. DEA to investigate Sebastian Marset’s crypto money laundering network, amid reports of global laundering surging 8x since 2020.
Strive announces daily dividends for SATA shares starting June 16, despite a $265.9M Q1 loss due to Bitcoin value drop. Shares rose over 5%. #Update #Crypto
Nigel Farage is under investigation for a $6.3M gift from crypto mogul Christopher Harborne, potentially breaching U.K. political donation rules. #Breaking #Legal
@CapitalB has raised €15.2 million ($17.8 million) to expand its bitcoin holdings, with participation from notable investors like Adam Back and TOBAM. #Update #Crypto $BTC
Morgan Stanley could significantly impact $BTC as advisers consider allocating 3% of $7 trillion in assets, potentially driving prices above $150K by 2026. #Update #Crypto $BTC
Bitcoin’s defense of $79,000 indicates that the discount on Coinbase is linked to stablecoin volatility, not a decline in institutional demand; a retest of $76K may be forthcoming. #Update #Crypto $BTC
Liquidators of Mirror Trading International face $395M in claims with only $35.8M remaining; FXChoice froze 1,281 Bitcoins aiding recovery. #Update #Legal