Rewrite this content into a 1000-word SEO friendly article: [Update 1:57 P.M. UTC, June 1 — Updates third paragraph with share price decline in Monday morning trading.] Strategy sold 32 BTC last week, its first reported Bitcoin sale since a 2022 tax-loss transaction, as the company moved to fund preferred stock distributions. Strategy sold 32 … Read more
Rewrite this content into a 1000-word SEO friendly article: Crypto liquidity provider and trading firm Wintermute says it is providing liquidity on prediction markets as the industry continues to expand. The firm, which handles $3.5 trillion in annual trading volume, said on Friday that it is extending its institutional trading to prediction markets and would … Read more
Rewrite this content into a 1000-word SEO friendly article: US Federal Reserve governor Christopher Waller said Sunday that the growing use of dollar-backed stablecoins could bolster the global influence of US monetary policy. Waller told participants at the 32nd Dubrovnik Economics Conference that countries that increasingly rely on stablecoins backed by the US dollar may … Read more
Rewrite this content into a 1000-word SEO friendly article: Bitcoin (BTC) is rebounding from a key on-chain support zone, putting the $78,000 level back in focus for bulls. Key takeaways: BTC is eyeing a rebound to $78,200, the realized price of BTC held for three to six months. A sustained move above this cost basis … Read more
Rewrite this content into a 1000-word SEO friendly article: The feeling toward Bitcoin on social media has reached its most bullish level of the year, even as the overall crypto market is down, according to crypto sentiment platform Santiment. “Sentiment on Bitcoin has spiked to 2.23 bullish comments for every bearish one — the most … Read more
Rewrite this content into a 1000-word SEO friendly article: The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY), a crypto market structure bill, according to Wyoming Senator Cynthia Lummis. Passing a comprehensive crypto regulatory framework would … Read more
Rewrite this content into a 1000-word SEO friendly article: Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may signal a market bottom is near. According to data from SoSoValue, daily outflows ranged from $70 … Read more
Rewrite this content into a 1000-word SEO friendly article: Despite the growing institutional presence in crypto, retail sentiment is just as important as it was when Wall Street was largely on the sidelines, according to Swan Bitcoin CEO Cory Klippsten. “It still does. You have to remember it’s not like BlackRock owns the Bitcoin and … Read more
Rewrite this content into a 1000-word SEO friendly article: The US Commodity Futures Trading Commission (CFTC) took positions on cryptocurrency perpetual futures contracts and how the industry may be more suited for “24/7 trading, clearing, and settlement.” In a Friday notice, the CFTC said it had approved perpetual futures contracts tied to the spot price … Read more
Rewrite this content into a 1000-word SEO friendly article: Bitcoin’s (BTC) latest drawdown to $72,000 has coincided with a sharp drop in its market capitalization, pushing it out of the global top 10 assets by market cap. Key takeaways: Bitcoin fell to 13th place among global assets after its market cap dropped below $1.5 trillion. … Read more