Bitcoin Sale Costs Trader $527K Loss
A Polymarket trader lost $527K after @MicroStrategy’s first bitcoin sale since 2022, impacting prediction markets. The company sold 32 BTC for $2.5M. #Update #Crypto $BTC
A Polymarket trader lost $527K after @MicroStrategy’s first bitcoin sale since 2022, impacting prediction markets. The company sold 32 BTC for $2.5M. #Update #Crypto $BTC
Mt Gox moved 10,608 BTC ($953M) to a new wallet, its first large transfer in eight months. No coins sent to exchanges yet. Repayments delayed to October 2026. #Update #Crypto $BTC
Spot bitcoin ETFs saw $1.42 billion in outflows last week, highlighting concerns over “crypto tourists” selling amid AI stock distractions, says @IBKR’s Steve Sosnick. #Update #Crypto $BTC
The S&P 500 hit a record 7,599.96 on June 1, while Bitcoin lagged below $71,000 after $2.43 billion ETF outflows in May. #Update #Crypto $BTC
CME Group launched 24/7 crypto futures, clearing $50M in its debut weekend. @Robinhood and Ripple Prime support continuous bitcoin derivatives access. #Update #Crypto $BTC
MicroStrategy’s sale of 32 $BTC for $2.5M is not bearish, says Cryptoquant, despite market fear and declining profitability metrics. No significant exchange inflows observed. #Update #Crypto $BTC
Bitcoin ETFs saw $1.42B outflows, ether $241M, while HYPE gained $26M and XRP added $15.2M, indicating a shift towards altcoins. #Update #Crypto $BTC
Strategy (@MicroStrategy) sold 32 $BTC for $2.5M to fund preferred stock payouts, raising questions about future BTC sales for dividend obligations. #Update #Crypto $BTC
Strategy sold 32 $BTC for $2.5M to fund preferred dividends, maintaining 843,706 BTC holdings worth $63.87B. Sale highlights dividend obligations. #Update #Crypto $BTC
The DOJ seeks forfeiture of 127,271 $BTC from Cambodian national Chen Zhi amid a crackdown on global crypto scams linked to trafficking and organized crime. #Breaking #Legal $BTC
Strategy’s STRC preferred stock offers 11.5% yield tied to 843,738 $BTC, sparking debate over sovereignty and counterparty risk; June 8 vote on dividend frequency. #Update #Crypto $BTC
Robert Kiyosaki warns that buying $BTC on hype can lead to losses, urging investors to focus on cash flows and independent research. #Update #Crypto $BTC
CME Group expands crypto futures and options to 24/7 trading on CME Globex, allowing continuous risk management and reflecting rising institutional demand. #Update #Crypto $BTC
Cryptoquant CEO Ki Young Ju suggests Bitcoin’s bear market may extend into early 2027 despite a bullish indicator, as unrealized profits need to rebuild. #Update #Crypto $BTC