Bitcoin Drops Below $63K as ETF Outflows Hit 13-Day Streak
The headline drawdown is the tape; the real story is thirteen straight sessions of US spot ETF outflows plus a Mt. Gox overhang now weighing on a market with no fresh bid catalyst.
Market-moving crypto headlines from the last 24 hours.
The headline drawdown is the tape; the real story is thirteen straight sessions of US spot ETF outflows plus a Mt. Gox overhang now weighing on a market with no fresh bid catalyst.
More than $1.12 billion in crypto positions were liquidated in a single 24-hour window, with long traders absorbing the…
The 9.50% coupon signals how aggressively Bitmine is leaning into the Ethereum-treasury thesis — preferred stock gives it fresh ammo for ETH buys without a common-stock tap.
Tom Lee's Bitmine, the largest corporate ETH holder, is down 28% in three weeks with 5.4M ether underwater — a stress test for the equity-financed treasury playbook as the broader DAT cohort slips…
Michael Saylor's Strategy — formerly MicroStrategy — is currently sitting on an $8.5 billion unrealized loss on its…
The partnership reclassifies yield as 'activity-based' by routing USDC through Ethena's delta-neutral basis trade — a structural workaround the bank lobby didn't anticipate and may not be able to…
EdgeX, a crypto derivatives exchange, suffered a severe flash crash that wiped 71% off its native token's value…
The three card-network giants already own the on-ramp rails — a shared stablecoin platform collapses the next layer of the payments stack into one consortium.
Bitcoin and Ethereum products together shed more than half a billion dollars on June 3, while the only category still attracting net new money is the year-old Solana product line.
A rejection at the $83K aggregate ETF cost basis left the average institutional holder back in loss while $1.35B/day in realized losses confirms the $82K rally was a bear bounce, not a regime change.
Standard Chartered's full acquisition of Zodia Custody, closing by late August, hands the bank a built-out institutional custody stack — and frames the next banking cycle as custody-or-irrelevance.
The $224K is illustrative, not a forecast — it sizes the insurance premium bitcoin would carry if G20 sovereign stress priced in the way 2021's Greg Foss model assumes it eventually will.
Visa, Mastercard, and Stripe are joining forces to launch a crypto stablecoin platform, marking one of the most…
The bank argues spot ETF flows — not corporate treasury desks — explain roughly 45% of weekly BTC price action, and with flows turning negative and a US market-structure bill fading, the bid has gone…
The Moonshot AI model pegs a $150K-plus outcome to four converging forces — halving-driven supply shock, ETF absorption, G20 reserve adoption, and Fed easing — but the current 9.35% weekly drop puts…
The product lands as SpaceX, Anthropic, and OpenAI circulate as potential debut candidates, and rides an xStocks framework that has already cleared $30B in cumulative transaction volume across…
Payward's mechanism routes retail demand through an underwriting syndicate so investors outside the US institutional loop can get tokenized allocations at the same price as the banks — a structural…
The fee war has now started in HYPE products — and Grayscale's 0.29% undercuts 21Shares' 0.30% and Bitwise's 0.34%, with staking rewards layered in to widen the spread against passive rivals.
A 0.29% sponsor fee beats the 0.30%-0.34% range already on offer from Bitwise and 21Shares — and the launch lands the same week the CFTC opened the door for US-listed perpetual futures.
A consortium of the three largest US card networks and Coinbase would compress years of separate stablecoin acquisitions into one shared settlement rail — the most concrete sign yet that Wall…