Bitcoin Dips Below $74,000 Amid Waning Momentum and Declining ETF Inflows
Bitcoin fell below $74,000 for the second time in May as on-chain data reveals weakening demand, large ETF outflows, and intensified market pressure around key price levels.
Crypto & Fintech
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Crypto & Fintech
Crypto & Fintech
Kraken Introduces Bitcoin Vault to Offer Yield on BTC Holdings
Kraken launched a non-custodial Bitcoin vault yielding 2.5% annually, attracting $30 million in Bitcoin deposits from 4,000 wallets within its first 10 hours.
Crypto & Fintech
Crypto Market Sinks Amid $1 Billion in Liquidations Across Major Coins
The crypto market lost over $120 billion in value this week as $1 billion in Bitcoin, Ethereum, XRP, Solana, and altcoins faced liquidation triggered by geopolitical tensions and market pressures.
Crypto & Fintech
Bitcoin Falls Below $75K Amid Shift to Stocks and AI Sector Gains
Bitcoin’s price slide contrasts with record highs in AI-driven stock markets as regulatory delays and miners’ shifting focus dampen crypto momentum.
Crypto & Fintech
Crypto-Linked Payment Card Usage Surges, Reaching $7.8 Billion Monthly Volume
Crypto-linked debit and credit cards saw a sharp rise in monthly transaction volume, driven by stablecoin adoption and expanding partnerships with major payment networks.
Crypto & Fintech
Crypto Markets Lose $80 Billion Following Renewed US Military Strikes on Iran
Cryptocurrency markets plunged sharply after the US launched fresh strikes on Iran, triggering investor fears over geopolitical tensions and oil supply risks.
Crypto & Fintech
Bitcoin Miner Outflows Surge Near $75K, Testing Support Amid Slowing Demand
Bitcoin miners transferred over 20,000 BTC to Binance, pressuring price support near $75,000 as on-chain data signals weakening demand and a cautious market outlook.
Crypto & Fintech
UK Sanctions Crypto Exchange HTX for Alleged Support to Russian Government
The UK government added HTX, formerly Huobi Global, to its sanctions list amid accusations the crypto exchange facilitates financial operations aiding Russia.
Crypto & Fintech
Italy’s Banca Sella Secures EU MiCA Authorization to Offer Crypto Services
Banca Sella became the first Italian bank authorized under the EU’s MiCA regulation to provide crypto custody, transfer, and digital asset services starting in 2026.
Crypto & Fintech
Bitcoin ETFs See Major Outflows Amid Weak Spot Demand and Risky Leveraged Positions
Bitcoin ETFs have experienced significant outflows totaling over $1.2 billion recently, reflecting weakening spot demand despite rising bullish leverage from derivative traders.
Crypto & Fintech
Bitcoin Price Holds Steady Despite $1.3 Billion Block Sale in BlackRock ETF
A massive $1.3 billion block trade in BlackRock’s iShares Bitcoin Trust tested market liquidity but had little impact on Bitcoin’s price amid ongoing ETF outflows and institutional adjustments.
Crypto & Fintech
Crypto ETPs Face Significant Outflows as Bitcoin Funds Lead Withdrawal Trend
Crypto exchange-traded products saw nearly $1.5 billion in outflows last week, driven by heavy Bitcoin fund sell-offs amid broadening global risk-off sentiment.