Bitcoin, Nasdaq investors are celebrating, while U.S. consumers turn gloomy
Bitcoin and Nasdaq have rallied sharply, but U.S. consumer sentiment has fallen to historic lows, highlighting a widening Wall Street–Main Street divide.
Bitcoin News
A bitcoin whale that went silent in 2013 moves $40 million in BTC
A long-dormant whale woke up Sunday, moving millions worth of bitcoin on-chain.
Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns
The loss was primarily driven by $244 million in unrealized losses on cryptocurrency holdings and an additional $108.2 million investment loss.
It might be too late for bitcoin’s quantum migration, Project Eleven report argues
Quantum computing does not only pose a risk to up to $3 trillion in digital assets, it also threatens the security of banking systems, military communications, digital identities and more, Project Eleven’s report warns.
Swiss central bank bitcoin reserve push fails over signature shortfall
The initiative sought to amend Switzerland’s constitution, requiring the Swiss National Bank (SNB) to hold BTC alongside gold and foreign-currency reserves.
CME is set to let traders bet on bitcoin volatility, not just price
CME Group plans to launch bitcoin volatility futures on June 1 pending regulatory approval bringing a easy way to bet on the degree of price swings.
Bitcoin hits a wall – the chart just challenged the $88,000 bull case
The price action is sending a clear warning signal that analysts’ optimism may be running ahead of itself.
Bitcoin may be forming a base at $65,000 as ‘paper hands’ have been flushed out
Jurrien Timmer, director of global macro at Fidelity Investments, says strong earnings are helping markets absorb geopolitical shocks, despite ongoing risks.
Bitcoin signals potential seller exhaustion as realized losses decline
On-chain data points to easing selling pressure, with realized losses falling and spot markets shifting toward net buying.
Bitcoin, broader market flat as U.S.-Iran negotiations begin
The market rose over the week after a two-week ceasefire was announced, triggering a derivatives short squeeze that wiped out over $430 million in bearish positions.