Australian federal police have seized 52 Bitcoin valued at approximately $4.1 million (5.7 million Australian dollars) in what authorities describe as one of the country’s largest cryptocurrency seizures linked to an illegal darknet marketplace. The operation, conducted by Strike Force Andalusia under the New South Wales Police Force’s Cyber Crime Squad, culminated in a search […]
Phong Le, chief executive of Bitcoin treasury company Strategy, has outlined the specific circumstances under which the firm would sell any of its substantial Bitcoin holdings, providing clarity for investors concerned about potential market disruption. In an interview with CNBC on Friday, Le stated that the company would only sell Bitcoin to fulfill dividend payments […]
Strike CEO Jack Mallers has pushed back against concerns that Wall Street’s deepening involvement in Bitcoin undermines the asset’s original ethos, arguing that institutional participation is a natural and necessary part of Bitcoin’s evolution as a global monetary asset. Mallers: Bitcoin must withstand all participants Speaking on the What Bitcoin Did podcast published Thursday, Mallers […]
Bitcoin’s price has stalled near the $80,000 mark, failing to hold above $82,500 after a rejection earlier this week. The pause comes as data from US-listed spot Bitcoin exchange-traded funds (ETFs) showed net outflows of $268 million on Thursday, breaking a four-day streak of positive inflows. The shift has raised questions about the sustainability of […]
Bitcoin’s price consolidated near the psychologically important $80,000 mark on Friday, as traders weighed a surprisingly strong US jobs report that reshaped expectations for Federal Reserve interest rate policy. The largest cryptocurrency by market capitalization has been locked in a tight trading range, with bulls attempting to establish support above $80,000 while bears defend the […]
Bitcoin (BTC) pulled back toward $79,000 on Friday before buyers stepped in to lift the price back above $80,000. The question now is whether this dip-buying momentum can push BTC through the formidable $84,000 to $92,000 resistance zone, or if bears will again assert control. Meanwhile, most major altcoins are following Bitcoin’s lead, with many […]
Bitcoin’s recent rally to three-month highs is prompting a surge in profit-taking among holders, a trend that could accelerate if prices continue to climb, according to Julio Moreno, head of research at onchain analytics firm CryptoQuant. Moreno warned that despite the short-term price recovery, Bitcoin remains in a bear market. Profit-taking reaches highest level since […]
Crypto markets saw a mixed day of enforcement actions and corporate earnings on Thursday, as onchain data revealed Tether froze over half a billion dollars in USDT in the past month, while Coinbase shares slid after reporting a deeper-than-expected quarterly loss. Separately, a new survey from CoinShares showed institutional investors are cautiously returning to digital […]
Bitcoin’s 36% rally from its March macro low of $60,000 to a local high of $82,800 on Wednesday has pushed a key technical indicator into overbought territory for the first time since early 2026. The development has traders watching for a short-term price correction, with the $78,000 support level emerging as a critical line in […]
Michael Saylor, executive chairman of Strategy, has floated the idea of selling some of the company’s Bitcoin holdings. This marks a notable shift from the firm’s long-standing never-sell approach. Saylor said the sale would aim to inoculate the market against panic. During Strategy’s first-quarter earnings call on May 5, 2026, Saylor stated: We’ll probably sell […]
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