Bitcoin back in ‘distribution phase’ as extreme fear grips crypto market
Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase.
Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase.
Bitcoin treasury firms made up nearly all May inflows, but BTC-linked capital formation also dropped sharply from April.
Mt. Gox moved $739 million in Bitcoin for the first time since March, raising speculation about imminent creditor distributions.
Bitcoin fell to fresh two-month lows as BTC price weakness accelerated and analysis targeted its 200-day moving average trend line.
Robinhood will enter Canada after its WonderFi acquisition brought local crypto exchanges Bitbuy and Coinsquare under its control.
Santiment says that “the gap between traditional equities and crypto has become increasingly difficult for traders to ignore.”
Grayscale proposed a fee of 0.29% on its Hyperliquid ETF, which “slightly undercuts” rivals 21Shares and Bitwise that carry respective fees of 0.3% and 0.34%, says analyst James Seyffart.
Telegram founder Pavel Durov says it is “returning to our roots — and starting a new chapter” by rebranding Toncoin to Gram.
Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million Ether tokens and is about 90% of the way to its target after its latest purchase.
A clash has erupted among Polymarket users over the timing and disclosure of a recent Bitcoin sale by Strategy, with more than $80 million traded on the disputed outcome.
Radiant says its frontend and smart contracts will remain accessible and users will still be able to withdraw, repay, and manage their positions.
Selling from all angles pushed Bitcoin below $71,000 at the weekly open, but early bullish positioning in BTC derivatives may signal the start of a recovery.
The integration gives fintech and institutional platforms a new pathway to evaluate DOGE amid signs of slowing crypto adoption.
Many Democratic lawmakers have said that they will not support any version of a crypto market structure bill without provisions on ethics to address potential conflicts of interest by elected officials.
Bitcoin’s sharp volatility decline coincides with a 114-day trading range, setting the stage for a potential 10% to 20% price move, but the direction remains uncertain.
The Parliamentary Association for the Promotion of Blockchain delivered recommendations to Japan’s finance minister on crypto and blockchain.
Strategy’s 32 BTC transaction has sparked debate over how investors value Bitcoin treasury companies as capital structure and liquidity considerations evolve.
Long-term whales have cashed out millions of dollars from Ethereum following the recent sell-off, potentially putting ETH at risk of further losses.
HYPE has entered the breakout stage of its prevailing bull pennant setup with an upside target near $105, with strong fundamentals backing the bullish case.
The Kelp DAO exploiter laundered about $220 million worth of remaining stolen funds in a bid to make them untraceable, excluding the $71 million frozen by Arbitrum’s Security Council.
The world’s largest public Bitcoin holder reduced its stash to 843,706 BTC, while raising $128.3 million through Class A stock sales.
Gnosis Pay faces an active exploit in its delay module as co‑founder Martin Köppelmann walks back a warning urging users to withdraw funds and vows to repay those affected.
MEXC, a leading 0-fee cross-asset trading platform, today announced the official launch of ‘RealStocks.’
Crypto ETPs see $1.67 billion in outflows as the US dominates selling, Bitcoin funds log a record 2026 exit, and altcoin participation narrows sharply across markets, according to CoinShares.
Binance launched US equities trading for eligible users and plans tokenized stocks as crypto exchanges expand into broader financial markets.
ECB board member Isabel Schnabel warned that stablecoins could bring money-market risks into tokenized finance and reinforce US dollar dominance.
Coinbase has switched on direct rupee bank transfers in India via IMPS, letting users move funds between local bank accounts and the exchange for spot and futures trading.
Bitcoin price headed below $72,000 on Iran woes as US President Donald Trump told observers to “sit back and relax” with a ceasefire still unresolved.
NYDIG’s Greg Cipolaro says a sale below market price and giving up millions of dollars for immediate execution indicates a large directional holder exited a trade on BlackRock’s IBIT last week.
The Sui Network’s first two outages were caused by bugs introduced in its 1.72 update, while an interim fix deployed to restore the blockchain triggered the third.