Bitcoin Slides to $78K as Longs Lose $500M
A liquidation cascade led to $500 million in losses for crypto longs as $BTC slid to $78,000, with $SOL and $XRP down 5% amid a global bond selloff. #Update #Crypto $BTC
Bitcoin
Bitcoin Soars After US CLARITY Act Approval
Bitcoin ($BTC) surged 3.15% to $79,084 as the US Senate Banking Committee advanced the CLARITY Act, boosting market optimism; however, caution is advised amid high bullish sentiment. #Update #Crypto $BTC
Bitcoin Bans Premier League Sponsorships
Entain’s general counsel warns six Premier League clubs over unlicensed gambling sponsors, citing cryptocurrency reliance and regulatory concerns. #Update #Legal
Bitcoin Soars After US CLARITY Act Approval
Bitcoin ($BTC) sentiment spikes as the US Senate Banking Committee advances the CLARITY Act, with Bitcoin trading at $79,084, up 3.15% since May 1. Caution advised amid bullish social media trends. #Update #Crypto $BTC
Bitcoin Dispute: Bhutan Denies $1 Billion Sale
Over $1 billion in bitcoin has exited wallets linked to Bhutan in the past year, yet the country claims it has not sold any. #Update #Crypto $BTC
Bitcoin Trades: Trump Reveals Coinbase Moves
President Donald Trump disclosed trades in crypto-related stocks, including @Coinbase and Robinhood, via ethics filings. Trades handled by third-party institutions. Legal
Bitcoin Investors Rush Into Zcash Privacy Coin
Arthur Hayes now favors $ZEC over Bitcoin, citing rising demand for privacy as AI and governments analyze blockchain data. Zcash’s price surged 30% this month. #Update #Crypto $ZEC
Bitcoin Sales to Fund $1.5B Note Buyback
Strategy Inc. (Nasdaq: MSTR) plans to repurchase $1.5B in convertible notes, potentially funding through bitcoin sales, reducing debt post-settlement. #Update #Crypto
Bitcoin ETFs Lose $635M as BTC Dips
US spot Bitcoin ETFs saw $635.2M in outflows, marking the largest daily withdrawal since January, as $BTC struggles below $80K after a 37% rally. #Update #Crypto $BTC
Bitcoin Assets Surge with Chainlink Shift
Lombard Finance shifts $1B in Bitcoin assets from LayerZero to Chainlink’s CCIP after Kelp DAO exploit, enhancing security across Solana, Ethereum, and Berachain. #Update #Crypto $BTC
Bitcoin Sale Fuels $1.5B Buyback Strategy
@MicroStrategy plans to repurchase $1.5B in convertible notes, potentially selling part of its $BTC holdings, leading to negative market sentiment and a dip in MSTR stock. #Update #Crypto $BTC
Bitcoin: Drake Calls for Bankman-Fried Release
Drake’s new album includes a call to free imprisoned FTX founder Sam Bankman-Fried, despite critics panning the release. #Update #Music
Bitcoin Struggles to Break $82K Barrier
Bitcoin struggles to break $82,000 resistance as short-term holders exit rallies at breakeven, maintaining selling pressure. Analyst suggests sustained SOPR above 1.0 is needed for change. #Update #Crypto $BTC
Bitcoin Whales Tested by CryptoQuant Experts
Bitcoin is testing the $80,000 break-even level for short-term whales; previous tests led to capitulation. Sustained prices above this range may reduce selling pressure. #Update #Crypto $BTC