Scram News

Tag

#bitcoin

Crypto

AscendEX shutdown revives exchange payout risk after FTX

AscendEX shutdown left customers facing manual-review withdrawals and no payout assurance, reviving exchange counterparty-risk fears after FTX.

By Caleb Mwangi
Crypto

Strategy (MSTR) flags $8.32bn Q2 bitcoin loss after sale

Strategy Q2 bitcoin loss reached $8.32 billion after a 3,588 BTC sale funded preferred dividends and lifted cash reserves to $2.55 billion.

By Caleb Mwangi
Crypto

Bitcoin options expiry meets ETF outflows and thin liquidity

Bitcoin options expiry pressure is colliding with nearly $3 billion of June ETF outflows, leaving thin quarter-end books exposed to sharper swings.

By Caleb Mwangi
Crypto

Franklin Templeton bitcoin ETF filing channels dividends to BTC

Franklin Templeton bitcoin ETF filing would route stock dividends into BTC, highlighting Wall Street's next push beyond plain spot funds.

By Caleb Mwangi
Crypto

Strategy STRC falls to $89, testing its bitcoin funding model

Strategy STRC closed at $89, lifting its effective yield and signaling investors want more reserve cushion behind Strategy's bitcoin funding model.

By Sloane Carrington
Markets

SpaceX (SPCX) shares jump 19% as Musk reaches $1tn

SpaceX shares jumped 19 per cent in their Nasdaq debut, lifting market value above $2.1tn and putting Elon Musk past $1tn.

By Avery Lin
Crypto

SpaceX IPO filing shows $5bn loss and 18,712 bitcoin

SpaceX IPO filing details show 18,712 bitcoin and a $4.937bn 2025 loss, making the listing a crypto balance-sheet test.

By Caleb Mwangi
Deals

SpaceX (SPCX) IPO draws 4x demand before Nasdaq debut

SpaceX IPO demand topped four times the shares available as the $75bn listing tests retail appetite, governance risk and AI IPO pricing.

By Naomi Voss
Crypto

Michael Saylor Bitcoin buy tests Strategy's $11.7bn loss

Michael Saylor Bitcoin buy signals are now a credibility test after Strategy sold 32 BTC and disclosed an $11.7bn unrealized loss.

By Caleb Mwangi
Crypto

Bitcoin treasury firms lose $62bn as ETF bid fades

Bitcoin treasury firms are losing the ETF-backed bid that made listed balance-sheet wrappers look like permanent buyers as Strategy sells.

By Caleb Mwangi
Crypto

Polymarket Strategy dispute tests prediction-market trust

Polymarket Strategy dispute turns a 32 BTC sale into a test of whether prediction markets can win Wall Street trust as volumes grow.

By Sloane Carrington
Crypto

Bitcoin drops below $66K as IPOs drain crypto liquidity

Bitcoin dropped below $66,000 as ETF outflows, leverage unwinds and mega-IPO demand pulled liquidity away from crypto.

By Caleb Mwangi
Crypto

Strategy bitcoin sale sends BTC below $71K, shares drop

Strategy bitcoin sale broke a years-long no-sell signal, sending BTC below $71,000 and dragging its shares down 5.85 per cent.

By Caleb Mwangi
Crypto

Mt. Gox bitcoin transfer revives $739mn supply overhang

Mt. Gox bitcoin transfer of 10,422.65 BTC revived supply fears as traders watch whether repayment-linked wallets move toward exchanges.

By Caleb Mwangi
Crypto

Bitcoin slips to 13th-largest asset as AI, metals rally

Bitcoin slipped to the 13th-largest asset as ETF outflows, AI-semiconductor gains and firmer metals prices redirected capital away from crypto.

By Caleb Mwangi
Crypto

Kraken Bitcoin Vault offers 2.5% yield on BTC

Kraken Bitcoin Vault offers 2.5 per cent APY on BTC, but deposits move through DeFi lending rails with a five-day withdrawal lock.

By Caleb Mwangi
Crypto

Bitcoin volatility hits 9-month low as ETF flows rotate

Bitcoin volatility has hit a nine-month low as ETF outflows, options selling and altcoin rotation reshape the BTC trade for June.

By Caleb Mwangi
Crypto

Strategy debt buyback shows liability side of bitcoin bet

Strategy used $1.38 billion in cash to retire convertible debt at a discount, showing that its bitcoin treasury trade now has a liability side as well.

By Caleb Mwangi
Crypto

Bitcoin ETF outflows reach $1.26 billion in worst week since January

US spot bitcoin ETFs lost $1.26 billion this week, their steepest outflow since late January, as higher yields and geopolitical stress undercut institutional crypto demand.

By Caleb Mwangi
Crypto

Quantum risk is becoming a custody problem for crypto

Bitcoin quantum risk is starting to look like a custody issue, with 6.04 million BTC in exposed addresses and firms mapping post-quantum migration paths.

By Caleb Mwangi
Crypto

Grayscale amends HYPE ETF filing as the crypto fund race broadens beyond bitcoin and ether

Grayscale's amended HYPE ETF filing follows early inflows into rival Hyperliquid funds, showing crypto ETF competition is moving beyond Bitcoin and Ether.

By Caleb Mwangi
Crypto

Nasdaq wins SEC approval for bitcoin index options

Nasdaq won SEC approval to list bitcoin index options, giving institutions another regulated hedging route while CFTC clearance is still pending.

By Caleb Mwangi
Analysis

Stocks hit records while crypto stalls: what the divergence says about risk appetite in 2026

The S&P 500 and Nasdaq notched fresh records while bitcoin traded sideways near $81,500, a divergence that reflects a narrowing equity rally, matured ETF flows, and competing narratives for institutional capital.

By Sloane Carrington
Regulation

Truth Social pulls bitcoin ETF filing, plans SEC refile

Truth Social's bitcoin ETF filing was withdrawn from the SEC as Yorkville said it planned to refile under a 1940 Act structure.

By Tomás Iglesias
Crypto

Bitcoin nears $77,000 as ETF outflows hit institutional demand

Bitcoin fell toward $77,000 as $1.5 billion in spot ETF outflows and weaker derivatives positioning signalled a deeper institutional pullback.

By Caleb Mwangi