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CoinDesk

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Eric Balchunas: Bitcoin ETF outflows are noise as Wall Street doubles down on crypto
· CoinDesk Staff

Eric Balchunas: Bitcoin ETF outflows are noise as Wall Street doubles down on crypto

Recent Bitcoin ETF outflows look dramatic in headlines, but Bloomberg Intelligence's Eric Balchunas says the broader adoption story remains intact.

Bitcoin price analysis: BTC could have further room to fall, based on derivatives positioning
· CoinDesk Staff

Bitcoin price analysis: BTC could have further room to fall, based on derivatives positioning

Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.

Bitmine (BMNR) chairman Tom Lee calls Strategy's (MSTR) bitcoin sale classic 'bottom behavior'
· CoinDesk Staff

Bitmine (BMNR) chairman Tom Lee calls Strategy's (MSTR) bitcoin sale classic 'bottom behavior'

The Bitmine Immersion chairman said minor sales from key holders and institutional outflows are typical market bottom behaviors rather than structural threats.

RWA news: Symbiotic aims to make tokenized assets easier to cash out with Liquid Lane
· CoinDesk Staff

RWA news: Symbiotic aims to make tokenized assets easier to cash out with Liquid Lane

Liquid Lane aims to solve a key bottleneck that is holding back growth of tokenized funds and credit: long redemption times, Symbiotic cofounder Misha Putiatin said.

Ripple’s RLUSD stablecoin expands to Turkey through three local platforms
· CoinDesk Staff

Ripple’s RLUSD stablecoin expands to Turkey through three local platforms

BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.

BTC price hits April lows while AI tokens surge, exposing a split in the crypto market
· CoinDesk Staff

BTC price hits April lows while AI tokens surge, exposing a split in the crypto market

Bitcoin fell to its lowest since April 7 as a Saylor BTC sale dented sentiment, while AI tokens H and NEAR surged and DeFi TVL hit a 20-month low.

MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments
· CoinDesk Staff

MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments

MGUSD, issued by Stripe's Bridge, will power services across MoneyGram's global network as stablecoins gain traction in cross-border payments.

Bitcoin's biggest ETF selloff yet hits $3.4 billion as AI stocks keep climbing
· CoinDesk Staff

Bitcoin's biggest ETF selloff yet hits $3.4 billion as AI stocks keep climbing

U.S. spot bitcoin funds bled cash for 11 straight sessions through Monday, the longest redemption streak since their 2024 launch, as risk dollars rotated toward an AI-led equities rally.

XRP price analysis: Ripple-linked token falls 4% on bitcoin-led market weakness
· CoinDesk Staff

XRP price analysis: Ripple-linked token falls 4% on bitcoin-led market weakness

XRP hit fresh 15-week lows after losing a key support zone, with exchange outflows failing to offset persistent selling pressure.

Mt. Gox moves 10,422 bitcoin worth $739 million to a new wallet as deadline nears
· CoinDesk Staff

Mt. Gox moves 10,422 bitcoin worth $739 million to a new wallet as deadline nears

The 04:47 UTC Bitcoin block 952,072 transaction moved coins from Mt. Gox cold storage into a freshly generated address, with a smaller 116-bitcoin slice routed to the defunct exchange's hot wallet.

What next for BTC prices as Bitcoin slides to $70,000 on Strategy's sale
· CoinDesk Staff

What next for BTC prices as Bitcoin slides to $70,000 on Strategy's sale

BTC fell 3.4% in 24 hours to below $71,000, the lowest level in weeks, as Monday's 8-K filing disclosing Strategy's first publicized bitcoin sale continued to weigh.

Strategy (MSTR) sold bitcoin in late May, and told the market in June. Here's how Polymarket bettors are fighting over when it counts.
· CoinDesk Staff

Strategy (MSTR) sold bitcoin in late May, and told the market in June. Here's how Polymarket bettors are fighting over when it counts.

A $79 million market hinges not on whether Michael Saylor's firm sold bitcoin, but on whether a sale disclosed June 1 can count toward a deadline that passed May 31.

Digital asset firm Keyrock plans to acquire BlockFills out of bankruptcy
· CoinDesk Staff

Digital asset firm Keyrock plans to acquire BlockFills out of bankruptcy

The Brussels-based digital asset services firm plans to purchase BlockFills months after the Chicago-based company filed for Chapter 11 bankruptcy, if a court approves.

Crypto funds suffer second-largest outflows of 2026 while XRP and HYPE attract inflows
· CoinDesk Staff

Crypto funds suffer second-largest outflows of 2026 while XRP and HYPE attract inflows

Investors pulled $1.67 billion from digital asset investment products last week, with bitcoin funds posting their largest weekly outflow of the year, according to a recent report from CoinShares.

Saylor's Strategy (MSTR) sold bitcoin (BTC). These crypto treasuries are still buying
· CoinDesk Staff

Saylor's Strategy (MSTR) sold bitcoin (BTC). These crypto treasuries are still buying

With Strategy breaking its accumulation streak and many peers stepping aside, the list of active digital asset treasuries has narrowed considerably.

Strategy's $2.5 million BTC sale and lessons from the first time MSTR sold in December 2022
· CoinDesk Staff

Strategy's $2.5 million BTC sale and lessons from the first time MSTR sold in December 2022

Strategy's last sale preceded a massive buying spree, but the company and the market look very different today.

Ethereum's Vitalik Buterin is rethinking how DeFi handles market crashes
· CoinDesk Staff

Ethereum's Vitalik Buterin is rethinking how DeFi handles market crashes

In a research post published Monday, Buterin proposed creating index-tracking assets using options contracts rather than the debt-based structures that underpin much of DeFi today.

Michael Saylor backs STRC after strategy sells bitcoin to fund preferred dividends
· CoinDesk Staff

Michael Saylor backs STRC after strategy sells bitcoin to fund preferred dividends

Michael Saylor says Strategy aims to make STRC the world's best credit instrument after the company sold bitcoin to help fund preferred stock distributions

Strategy news: MSTR bitcoin sales were immaterial, but may not remain so
· CoinDesk Staff

Strategy news: MSTR bitcoin sales were immaterial, but may not remain so

The move suggests a greater willingness on the part of Michael Saylor and Strategy to use BTC holdings to support the capital structure, said one analyst, while others disagreed.

Michael Saylor's Strategy sells $2.5 million bitcoin. Chaos ensues in a major prediction market
· CoinDesk Staff

Michael Saylor's Strategy sells $2.5 million bitcoin. Chaos ensues in a major prediction market

The 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1. Polymarket's May 31 contract is sitting at 81% Yes and in review, while bettors argue over whether the onchain transactions or the filing date controls.

Japan's ruling party supports crypto ETF trading, yen-based stablecoins
· CoinDesk Staff

Japan's ruling party supports crypto ETF trading, yen-based stablecoins

Japan's ruling Liberal Democratic Party said the country should create a legal framework for trading crypto ETFs in a proposal to the finance minister.

Bitmine (BMNR) slows ether (ETH) purchase pace, buying $53 million in tokens
· CoinDesk Staff

Bitmine (BMNR) slows ether (ETH) purchase pace, buying $53 million in tokens

The Ethereum treasury firm cut weekly purchases by more than 75% after the previous week's 112,000 ETH buying spree.

Live markets: bitcoin retreats under $72,000 as Strategy unloads BTC for first time in four years
· CoinDesk Staff

Live markets: bitcoin retreats under $72,000 as Strategy unloads BTC for first time in four years

Crypto markets continue to struggle even as risk markets across the globe surge higher.