Arthur Hayes dumps HYPE and Near, turns to this crypto ahead of SpaceX IPO
Arthur Hayes, co-founder and CIO of the BitMEX exchange, has dumped all his Hyperliquid (HYPE) and NEAR Protocol (NEAR) holdings and shifted his focus to Worldcoin (WLD) ahead of the much-anticipated initial public offering (IPO) of Space Exploration Technologies Corporation (SpaceX). As Bitcoin (BTC) led the broader cryptocurrency market into a sell-off, Hayes announced he […]
As BTC Tests $62,000, How Low Can Bitcoin Go?
In brief Bitcoin fell 17% from just under $74,000 Monday to an intraday low of $61,556 Thursday, triggering $4.47 billion in total crypto liquidations over the period. Data from derivatives and options markets show weak demand and increased downside protection bets. Analysts see potential for another leg lower into the $50,000s, with a bottom possible […]
Bitcoin active addresses drop to the lowest level in over 7 years
The Bitcoin (BTC) network utilization has dropped to its lowest level in more than seven years amid renewed selling pressure. As of June 4, the 60-day Moving Average for Bitcoin active addresses hovered slightly above 600,000, according to data from Bitcoin Magazine Pro analyzed by Finbold. Bitcoin’s utilization has been declining gradually since the end […]
Michael Saylor Saylor Speaks After Strategy’s Bitcoin (BTC) Sell! “The Recent Drop….”
The cryptocurrency market is having a tough week. Bitcoin ($BTC) and altcoins, already on a downward trend, are experiencing sharp declines following Strategy’s long-standing $BTC sale. At this point, Bitcoin fell to $63,000 and Ethereum (ETH) to $1,770, and Strategy founder Michael Saylor spoke after the sell-off. Saylor stated that the flow of capital from […]
Michael Saylor’s Strategy sits on the biggest unrealised losses in history
Michael Saylor’s Strategy (NASDAQ: MSTR), a business intelligence company formerly known as MicroStrategy, is now sitting on record $10.8 billion in unrealized losses. After six years of its characteristically aggressive and bullish Bitcoin (BTC) acquisitions, the company is now down 17% on its flagship crypto position, according to the latest data published by The Kobeissi […]
Strategy’s Saylor’s explanation for bitcoin’s slide isn’t what bears think
Peter Schiff says Bitcoin price has found support at $61,000
Peter Schiff, chief economist and global strategist at Europac, has stated that Bitcoin (BTC) price may have found support at $61,000. As Bitcoin price extended May’s losses in the first four days of this month, Schiff argued that the flagship coin may have found short-term support around its February low as of June 4. “Bitcoin […]
This bitcoin metric has marked every bear market bottom, and it’s just flashed again
Trump’s first 500 days in office erase nearly 46,000 Bitcoin millionaires
Though 2025 – the first year of President Donald Trump’s second term – appeared for a time to be delivering on the hopes of the cryptocurrency industry and community, the market eventually shifted decisively downward. Overall, the first 500 days of the Republican’s administration resulted in the loss of 45,904 Bitcoin (BTC) millionaire addresses, per […]









