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Crypto

Bitcoin inflation hedge faces ETF-flow stress test

Bitcoin inflation hedge trades look shakier as ETF outflows, higher yields and gold's lower volatility expose the risks in digital-gold positioning.

By Caleb Mwangi
Crypto

SBI, Rakuten prepare bitcoin and ether trusts for Japan retail investors

SBI Securities and Rakuten Securities are preparing Bitcoin and Ether trust products for Japanese retail clients, people familiar with the plans said Sunday, the latest sign that regulated crypto access is broadening beyond the ETF-heavy U.S. market.

By Caleb Mwangi
Crypto

Bitcoin drops below $78,000 as 10-year yield rises to 4.58%

Bitcoin's slide under $78,000 looked less like a crypto-specific shock than a rates trade as Treasury yields climbed and ETF flows turned negative.

By Caleb Mwangi
Crypto

Intesa Sanpaolo lifts crypto holdings to $235 million, adds Ethereum and XRP

Italy's largest bank expanded its crypto book to roughly $235 million in the first quarter, adding Ethereum and XRP exposure while almost eliminating its Solana position.

By Naomi Voss
Crypto

Bitcoin slips below $80,000 as $388 million in crypto longs unwind

A rapid liquidation of leveraged bullish positions pushed bitcoin below $80,000 and showed how quickly crypto still trades like a high-beta risk asset when broader appetite fades.

By Caleb Mwangi
Crypto

Strategy (MSTR) flags bitcoin sales for $1.5bn debt buyback

Strategy said it may use bitcoin sales, cash or ATM stock issuance to fund a $1.5 billion repurchase of 2029 notes, forcing investors to weigh debt cleanup against treasury risk.

By Caleb Mwangi
Crypto

Stocks soak up risk capital as bitcoin loses momentum

Bitcoin is still holding elevated levels and spot ETFs are still drawing money, but the stronger 2026 signal is where speculative capital is choosing to go: listed equities over the broader crypto market.

By Sloane Carrington
Crypto

Bhutan disputes $1 billion bitcoin drawdown flagged by Arkham

Bhutan's sovereign fund disputed Arkham-linked data suggesting a $1 billion bitcoin drawdown, exposing how hard it is to verify state-backed reserve moves from wallet trails alone.

By Caleb Mwangi
Crypto

Gemini (GEMI) jumps after revenue beat and $100 million backstop

Gemini shares jumped after first-quarter revenue rose 42 per cent to $50.3 million and Winklevoss Capital committed $100 million, even as the crypto platform posted a $108.978 million net loss.

By Caleb Mwangi
Crypto

Bitcoin dominance rebounds to 58.5% as altcoin rotation stalls

Bitcoin dominance rose to 58.5% from 55%, signalling consolidation as hot inflation and fading altcoin catalysts push capital toward the largest digital asset.

By Caleb Mwangi
Crypto

CME Bitcoin VIX futures launch with $45B open interest

CME's Bitcoin volatility futures launch June 1, letting institutions trade Bitcoin's implied volatility separately from price. With $45B futures open interest, can the same regulatory success repeat?

By Caleb Mwangi
Crypto

Crypto Funds Draw $858M on CLARITY Act Markup Optimism

Crypto investment products drew $857.9 million in net inflows for the week ending May 11, the sixth consecutive positive week, as the CLARITY Act's stablecoin compromise and a scheduled May 14 Senate Banking Committee markup shifted institutional conviction from price momentum to regulatory clarity.

By Caleb Mwangi
Crypto

Morgan Stanley MSBT draws $194m in debut month with zero outflow days

Morgan Stanley's spot Bitcoin ETF completed its first trading month with roughly $194 million in net inflows and not a single day of net redemptions, setting a benchmark for Wall Street crypto products backed by a brand name rather than an advisor sales force.

By Caleb Mwangi
Crypto

Santiment flags correction risk as Bitcoin bullish talk spikes to four-month high

Bullish-to-bearish commentary ratio hits 1.37 on social media as BTC trades above $80,000, but on-chain data show daily active wallets at a two-year low and analysts are split on whether the rally has further to run.

By Caleb Mwangi
Crypto

Bitcoin mining pools rally behind Stratum V2 to decentralise block templates

Seven of bitcoin's largest mining pools and infrastructure operators have joined the Stratum V2 working group, backing a long-stalled protocol upgrade that moves block-template construction from pool operators back to individual miners and introduces end-to-end encryption between pool and miner.

By Caleb Mwangi
Crypto

Trump Media (DJT) Q1 loss widens to $406M as bitcoin and CRO holdings buckle

TMTG's Q1 net loss widened to $405.9 million as $244 million of crypto markdowns and $108.2 million of equity losses overwhelmed an operating business that turned over just $871,200. The asset book, not Truth Social, is now the story.

By Caleb Mwangi
Crypto

Bitcoin resistance at $86,000 and $93,000 mirrors three prior cycles, analyst says

Crypto analyst Michaël van de Poppe has identified two resistance zones for Bitcoin at $86,000 to $88,000 and $93,000 to $95,000, arguing the setup echoes bull-cycle patterns from 2017, 2021, and 2024. A period of consolidation above $80,000 could clear the way for altcoin strength, he said.

By Caleb Mwangi
Crypto

Bitmine's Tom Lee bets Ether to $12,000, BTC to $200,000 by end-2026

Bitmine chair Tom Lee told the Consensus 2026 conference in Miami this week that Ether will trade between $9,000 and $12,000 and Bitcoin between $150,000 and $200,000 by year-end. The firm's 5.18 million ETH treasury sits on roughly $3.78 billion in unrealized losses.

By Caleb Mwangi
Crypto

Bitcoin touches $80,000 as Project Freedom shifts Iran war sentiment

Bitcoin touched $80,000 in overnight trading, its highest since late January, as President Trump announced Project Freedom to secure safe passage through the Strait of Hormuz. The cryptocurrency has gained roughly 20 per cent since the US-Iran conflict began, outperforming equities and gold.

By Caleb Mwangi
Crypto

Bitcoin slips from $80,000 after Fed report flags inflation, rate-hike risk

Bitcoin retreated from the $80,000 zone after the Federal Reserve's May 8 Financial Stability Report flagged the Iran-driven oil shock and a hotter March PCE print as conditions that could push the FOMC toward rate hikes rather than the cuts crypto desks had positioned for.

By Caleb Mwangi
Crypto

Strategy CEO Phong Le says bitcoin sales hinge on maths over equity

Strategy chief executive Phong Le told CNBC on Saturday that the company would sell part of its 818,334 bitcoin holding only when doing so proves more accretive to shareholders than issuing equity, outlining two specific conditions that mark a deliberate shift from its long-held refusal to sell.

By Caleb Mwangi
Crypto

CME targets 1 June launch for bitcoin volatility futures, pending CFTC review

CME Group will list cash-settled bitcoin volatility futures from 1 June, pending Commodity Futures Trading Commission clearance, becoming the first US exchange to offer regulated contracts that trade implied volatility independent of bitcoin's spot price. CME (CME) shares slipped 1.2 per cent on the announcement.

By Caleb Mwangi
Crypto

Swiss Bitcoin Reserve Referendum Fails as Campaign Misses Signature Target

The 18-month campaign to require the Swiss National Bank to hold Bitcoin alongside gold and foreign currency reserves fell short of the signatures needed to trigger a national vote, campaign founder Yves Bennaim confirmed Thursday.

By Caleb Mwangi
Crypto

Strategy STRC reclaims $100 par, opening door for fresh Saylor bitcoin buys

Strategy's STRC perpetual preferred closed at $99.99 on Friday and printed at par after hours, ending a fortnight in which Michael Saylor stayed out of bitcoin. With the security back above its $100 issuance threshold, Strategy's at-the-market funding gate has reopened and weekly purchases could resume as soon as 11 May.

By Caleb Mwangi
Crypto

Bitcoin ETFs see $277.5M in outflows as BTC slips below $80,000

U.S. spot Bitcoin ETFs recorded $277.5 million in net outflows on Thursday, snapping a five-day inflow streak. Fidelity's FBTC led the retreat as Bitcoin fell below $80,000 for the first time in a week.

By Caleb Mwangi