French Semiconductor Firm Dumps Bitcoin Treasury Strategy to Refocus on Core Business
Sequans Communications has ended its Bitcoin treasury technique and is returning focus to its IoT semiconductor operations. The corporate repaid all convertible debt utilizing proceeds from Bitcoin gross sales and plans to regularly liquidate its remaining 658 BTC. Sequans accrued greater than 3,000 BTC throughout 2025, however falling costs andContinue Reading
Bitcoin Bears Circle $70K as Traders Bet on Deeper May Slide
Bitcoin dropped about 3% in 24 hours to US$72,739 (AU$101,107) on Might 28, hitting a six-week low of US$72,669 (AU$101,010) and sitting roughly 42% under its US$126,080 (AU$175,251) all-time excessive. Prediction market Myriad confirmed 27% odds that Bitcoin closes Might under US$70,000, up about 240% in 24 hours; Polymarket’s equalContinue Reading
Bitcoin Stalls as ETF Outflows and Iran Deal Speculation Shake Crypto Markets
Bitcoin traded close to US$76,900 after spot BTC ETFs recorded US$1.26 billion in weekly outflows. Mixed Bitcoin and Ethereum ETF outflows reached practically US$2.7 billion over two weeks, in response to market summaries. XRP, Solana and HYPE-linked funds nonetheless drew inflows, pointing to rotation somewhat than a full institutional exit.Continue Reading
Lawsuit Targets Dormant Bitcoin Wallets in Bid to Claim ‘Abandoned’ Crypto Fortune
A New York lawsuit is searching for possession of hundreds of inactive Bitcoin wallets by arguing the property qualify as deserted property beneath state legislation. The dispute centres on 39,069 dormant Bitcoin addresses allegedly holding about 3.7 million BTC after a year-long effort to find homeowners failed. Crypto trade figuresContinue Reading
Bitcoin Whales Dump Holdings as Profit-Taking Signals Flash Warning Signs
Bitcoin traded close to US$77,400 after just lately dropping towards US$76,000 and triggering greater than US$600 million in realised losses. Glassnode mentioned spot accumulation has not returned, with unfavourable spot CVD and weaker US institutional exercise. Futures positioning and optimistic funding charges confirmed leveraged longs remained energetic whereas spot demandContinue Reading
Bitcoin Faces ‘Bear Market’ Warning as Rally Mirrors 2022 Breakdown
Bitcoin did not clear its 200-day transferring common close to US$82,400 after rebounding from about US$60,000. CryptoQuant stated the identical moving-average zone acted as main resistance through the 2022 bear market. Weak spot demand, decrease futures momentum and bearish sentiment saved the rebound susceptible to a different pullback. CryptoQuant’s headContinue Reading
Bitcoin Falls Near $76,700 as ETF Outflows Hit $649M
U.S. spot Bitcoin ETFs recorded US$648.6 million in internet outflows, the most important single-day withdrawal since Jan. 29. Kaiko-linked knowledge confirmed top-10 crypto spot quantity averaged US$80 billion every week in 2026, lower than half the 2025 common. Analysts flagged rising Bitcoin open curiosity, weaker ETF demand and slower on-chainContinue Reading
Swan Bitcoin Accused of Using Insider Knowledge to Escape Prime Trust Collapse
Swan Bitcoin has been accused in a Delaware chapter lawsuit of withdrawing main crypto holdings from Prime Belief earlier than the custodian’s collapse. Court docket filings allege the corporate had entry to confidential details about Prime Belief’s deteriorating monetary place earlier than chapter proceedings started. The case centres on practicallyContinue Reading
Bitcoin Depot Collapses Into Bankruptcy as Crypto ATM Crackdown Intensifies
Bitcoin Depot filed for voluntary Chapter 11 in Texas on Might 18 and took its Bitcoin ATM community offline. Preliminary Q1 income fell US$80.7 million, or 49.2%, as transaction quantity dropped underneath tighter guidelines and compliance controls. BTM shares fell about 73% after the submitting, with the corporate planning anContinue Reading