As a result of global events, Bitcoin saw traditional end-of-week volatility, with a price that momentarily surpassed $82,000. Unfortunately, the increase was short-lived, according to CMC data, as BTC/USD swiftly dropped back around the $80,000 level. As a consequence, liquidity grabs occurred, which balanced out the long and short positions in
After suggesting on Tuesday’s earnings call that the Bitcoin treasury firm would sell off some of its holdings occasionally, Strategy co-founder Michael Saylor hinted that the firm may start buying Bitcoin again this week. Saylor used the phrase “back to work, BTC” in a Sunday X post, which has been
As Bitcoin fell below $80,000, US-listed spot Bitcoin (BTC) ETFs ended a five-day influx of roughly $1.7 billion. According to SoSoValue statistics, Bitcoin funds had their first daily outflow in May of $277.5 million on Thursday. According to Farside, the top two funds in terms of outflows were the Fidelity Wise
There was a brief period of volatility in the cryptocurrency market on Tuesday night when Strategy (MSTR) chairman Michael Saylor said that his business would sell bitcoin to pay dividends from the STRC instrument. This announcement caused the market to be turbulent. But on Wednesday morning in Europe, after rising by
Raising $2.2 billion for its sixth crypto-focused fund, the crypto-focused branch of venture capital company Andreessen Horowitz is now funding crypto startups. The fifth Crypto Fund, according to a Tuesday blog post by a16z Crypto, will support entrepreneurs that are “turning new infrastructure into products people use every day.” This
In a departure from its long-standing “never sell” Bitcoin policy, Michael Saylor, chairman of Strategy, said that the firm may sell Bitcoin in order to “inoculate” the market against unexpected panic or to strengthen trust in the business. When asked about the strategy’s plans for the first quarter, Saylor said,
Tuesday saw an intraday high of $81,300 for Bitcoin (BTC), a 2.14% increase over the previous 24 hours. The 30-day gain is 21% and the weekly gain is 5% as a result of this. According to statistics from CryptoQuant, long-term holders have acquired more than 330,000 BTC over the last
Monday, when Asian stocks started trading, Bitcoin soared 2.7% in three hours, surpassing $80,000 for the first time since January 31, 2026. According to CMC data, the Bitcoin surge started at 1:25 am UTC and rose from $78,415 to $80,000 roughly 75 minutes later, then to $80,515 by 4:20 am UTC.
In anticipation of Tuesday’s first quarter earnings announcement, Strategy—the largest publicly traded Bitcoin holder in the world—has temporarily suspended all cryptocurrency acquisitions. In a post on X, where he often signals intended acquisitions, executive chairman Michael Saylor said “No buys this week” on Sunday. The Tysons Corner, Virginia-based corporation recently
In April, investors withdrew their money from crypto start-ups and early-stage enterprises, causing venture capitalist funding to plummet to a level not seen in almost two years. When compared to March, when 84 rounds of investment totaled $2.6 billion, April’s total of $659 million represents a 74% decline, according to statistics
