Bitcoin Falls Below $71,000 as Tech Selloff Deepens
Bitcoin fell below $71,000 during Asian trading as a global selloff in technology stocks intensified risk aversion across markets.
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Bitcoin fell below $71,000 during Asian trading as a global selloff in technology stocks intensified risk aversion across markets.
US spot Bitcoin ETFs slipped below $100 billion in assets after $272 million in daily outflows, extending year-to-date losses amid market volatility.
AI dominates investment priorities for global family offices, while cryptocurrencies remain largely absent from portfolios, according to JPMorgan data.
GameStop moved its entire Bitcoin position to an institutional exchange as CEO Ryan Cohen signaled that acquisitions now outweigh crypto on the company’s balance sheet.
Cboe Global Markets is exploring the return of all-or-nothing binary options as a regulated alternative to fast-growing prediction markets dominated by Kalshi and Polymarket.
Bitcoin fell to its lowest level since April 2025 as a cross-asset sell-off impacted cryptocurrencies, commodities, and equities, signaling heightened risk-off sentiment.
Michael Saylor’s Strategy bought $75.3 million worth of Bitcoin as prices briefly fell below $75,000, marking a rare dip under its average cost basis.
Kevin Warsh’s nomination as Federal Reserve chair has raised concerns over U.S. liquidity, offering conflicting signals for Bitcoin and broader crypto markets.
Securitize reported 841% revenue growth to $55.6 million as it prepares to go public through a SPAC merger, highlighting rising demand for tokenization infrastructure.
US market regulators are coordinating on a joint crypto initiative as Congress advances digital asset legislation. The move signals a shift toward unified federal oversight.
Worldcoin advanced sharply after reports that OpenAI is exploring a biometric-based social network aimed at limiting automated accounts, renewing investor interest in the token’s ecosystem.
Revolut is reportedly planning to apply for a US banking license, dropping earlier plans to acquire a local lender as it accelerates its global expansion.
Ledger is reportedly in talks with major banks about a potential US IPO that could value the crypto hardware wallet maker at more than $4 billion.
Kansas lawmakers introduced a bill to create a state-managed Bitcoin and digital assets reserve funded by unclaimed crypto and staking rewards.
Binance has applied for a MiCA license in Greece as EU regulators press crypto firms to meet June compliance deadlines or exit key markets.