Bitcoin Drops to $65K as $1.8B Longs Liquidated
The options market is now pricing protection down to $50,000 — a level that looked distant a week ago — as Strategy's first BTC sale in years collides with $4B in ETF outflows.
Market-moving crypto headlines from the last 24 hours.
The options market is now pricing protection down to $50,000 — a level that looked distant a week ago — as Strategy's first BTC sale in years collides with $4B in ETF outflows.
The UK's Financial Conduct Authority has issued a warning to professional soccer clubs over sponsorship arrangements…
A direct hit on a Gulf oil-state airport and an attack on the world's most critical chokepoint for seaborne crude have forced a global risk-off flush, with Bitcoin gapping toward key support as crude…
April logged breaches on 27 of 30 days and North Korea drained nearly $600M from Drift and Kelp — the executives on stage in Paris said the bridge problem alone is keeping institutional capital on…
The 32 BTC MicroStrategy sold is rounding error against a $1.85B cascade — the real driver is leverage, not the issuer's first sale in three years.
Twelve straight days of BTC ETF outflows and a 16-day ETH streak signal persistent institutional de-risking, not a one-day repositioning.
It's not price action driving the call — it's the structural story stack: faded narratives, capital siphoned by AI, and DAT firms flipping from buyers to sellers.
Jenny Johnson framed the industry's slow public-chain adoption as a fight over who collects the transaction toll — and cited her own tokenized money market fund Benji as proof the cost math is…
The liquidation cascade is the headline, but the extreme-fear sentiment print and the persistence of spot BTC ETF outflows suggest the flush hasn't fully cleared the weak hands yet.
The display-ad business model that funded the open web breaks when the user is software, not a person — and the threat is now echoed by Coinbase, Cloudflare, and Cardano's founder.
The regulator's red flag is procedural: clubs face liability, AML exposure and reputational risk by fronting firms that aren't even allowed to operate in the UK.
The odds — 66% under $55K, 50% under $50K, 31% under $40K on Kalshi — reflect $3.4B in U.S. spot ETF outflows this May-and-June and a rotation toward AI equities, with capital parking in stablecoins…
Garrett Jin moved 577,717 ETH into Binance between May 6 and May 10 at an average of $2,337, days before the token shed more than a fifth of its value.
Bitcoin briefly slipped under $66,000 as a combination of ETF outflows and rising geopolitical tensions pressured the…
Tom Lee's Bitmine is carrying $8.86 billion in unrealized losses on its Ethereum treasury, a staggering paper hit that…
BVIV is climbing even as BTC's drawdown from $82K to $66K was orderly — the spike says institutions are paying up for downside protection again after two months of calm.
The dollar number is loud, but the more telling signal is open interest climbing into the cascade — new shorts are opening on top of the long flush, and the market has not yet found a clearing level.
The 6.4% BTC drop and ETH breaking $1,900 came even as the MSCI ACWI set an all-time high — a decoupling that points to crypto-specific overhangs, not a broad risk-off move.
Galaxy Digital pulled 179,000 HYPE off Coinbase in hours, while a fresh wallet quietly accumulated nearly 400,000 over two days — the bid is concentrated and quiet.
Tom Lee's Bitmine is sitting on an $8.9 billion unrealized loss on its 5,416,901 ETH position, currently valued at…