Bitcoin Clings to $61K as Whale Closes 1,400 BTC Position—Can Bulls Hold the Line?

Four-month minimum: The asset’s value fell to $61,309 in the last 24 hours before experiencing a slight rebound. Massive profit-taking: A wallet identified as “pension-usdt.eth” closed a 1,400 $BTC short, consolidating a profit of 3.56 million dollars. Record liquidations: The derivatives market recorded the loss of 634.6 million dollars stemming exclusively from liquidated bullish positions. […]

Crypto.com launches OTC options trading for institutional clients

Crypto.com Exchange has introduced fully funded OTC options, a new institutional offering that allows foundations and VIP clients to trade vanilla European options directly through professional sales traders in a secure, off-orderbook environment, according to information shared with Finbold on June 4, 2026. The product addresses a longstanding friction point in institutional crypto trading: executing […]

Bitcoin’s Pullback Tests Institutional Adoption Narrative as Pompliano Stays Bullish

Bitcoin’s recent price decline is testing one of the asset’s most prominent bullish narratives: that institutional adoption will stabilize volatility and support long-term growth. Despite the downturn, ProCap Financial CEO Anthony Pompliano thinks that the broader trajectory remains intact, framing the current weakness as a natural phase in Bitcoin’s maturation into a mainstream financial asset. […]

Benjamin Cowen, a Leading Market Expert, Shares His Outlook on Bitcoin: “We Could See the Bottom This Month”

Benjamin Cowen, a leading analyst in the cryptocurrency market, joined other market experts in his latest broadcast to discuss the current state of Bitcoin, MicroStrategy’s moves, and developments that could affect global financial markets. Cowen commented on MicroStrategy’s (and Michael Saylor’s) sale of 32 Bitcoins worth approximately $2.5 million after a long hiatus. He stated […]