Bitcoin news

Bitcoin, ‌the world's ​largest cryptocurrency by ‌market ⁠value, on ⁠Wednesday ​fell ​4% ​to $64,721.39, ‌the lowest since ‌February ​28. (Reporting ​by ​Natalia ‌Bueno Rebolledo ​in ​Mexico ​City; ‌Editing by ​Chris ​Reese)

IREN expands its data center and AI operations to Australia with a new deal. Bernstein shifts targets on three bitcoin miners. Bitcoin price slides.

Scott Melker explains why altcoins like hyperliquid (HYPE32196-USD) are staying afloat despite bitcoin's (BTC-USD) big price drop."The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Bitcoin was down 13% on the week, and realized losses have jumped to $1.35 billion per day, according to Glassnode.

Bankless co-founder David Hoffman identified perpetuals, AI tokens, and privacy coins as the strongest areas of the market.

Scott Melker makes the case as to why bitcoin (BTC-USD) could be starting to bottom — it fell below $70,000 per token this week — and how the crypto asset could be set up for its next big rebound based on prior cycles in the past. “The Daily Wolf with Scott Melker” airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Bitcoin (CRYPTO:BTC) slipping out of the top 10 global assets isn’t a new story — but it keeps returning with new wrinkles that matter for investors. One month it’s firmly seated alongside the world’s largest companies and commodities, the next it’s knocked back down the rankings by a sharp drawdown. That kind of volatility makes ... Bitcoin Is No Longer a Top 10 Global Asset. The Real Story Is What Replaced It

Bitcoin (BTC-USD) prices are plummeting, dipping below $65,000 on Wednesday. This comes as Strategy's (MSTR) Michael Saylor sold 32 coins. Scott Melker discusses the details in the video above."The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

The founder of Aike Capital pointed to Zcash's recent rally while describing Bitcoin as one of the few crypto assets to remain relevant through multiple market cycles.

Bitcoin (BTC-USD) dropped back below $70,000 per token this week after Michael Saylor's Strategy (MSTR) sold bitcoin for the first time ever. Morning Brief Host Julie Hyman and Yahoo Finance Senior Reporter Pras Subramanian are joined by Payne Capital Management's Ryan Payne for a discussion on crypto trader sentiments after this sale from a longtime bull.

Grayscale is positioning its fund to undercut the market, setting a low 0.29% expense ratio that is slightly below those of competing funds from 21Shares and Bitwise.

Riot posted its first data center revenue of $33.2 million in the first quarter, a moment CEO Jason Les called an "inflection point."

US spot crypto ETF flows turned sharply negative in a single session, with Bitcoin and Ether ETFs recording a combined $609.3M in net outflows as Bitcoin slid to $65,700 and Ether dropped below $1,900. The two-day total for June has now exceeded $1Bn in Bitcoin outflows alone, making it one ...

Crypto research firm Capital Flows said Hyperliquid’s PURR made up most of its portfolio because of "fundamental backing" behind the ongoing squeeze.

Zcash outperformed Bitcoin during Wednesday’s market selloff, rising over 5% in the last 24 hours while BTC’s price remained under pressure.

Stocktwits data showed retail chatter around Bitcoin surged nearly 60% over the past 24 hours, while sentiment remained firmly in 'extremely bearish' territory.

“Narrative follows price," said analyst Benjamin Cowen warning investors not to become overly attached to bearish market narratives.

U.S. spot Bitcoin ETFs have now recorded 11 consecutive days of net outflows, the longest sustained negative streak since the products launched in January 2024, according to CoinGlass data. The selling has arrived in waves, Bloomberg reported a roughly $2.8 billion redemption run over a nine-session stretch in late May ...

Andrew Kang increased his stake from $1 million to $19 million after betting on Figure AI in late 2023, a move his usual VC network cautioned against.

In crypto news today (June 2), the market has gone into a mini-meltdown as Bitcoin crashed below $70,000 in this European morning trading session, falling by -3.8% overnight. The crash caused more than $766M in daily liquidations, with over $600M of that figure being long trades. This price action hasn’t ...