📉 Bearish
Bitcoin Magazine Strategy Sold 32 Bitcoin… And That’s a Good Thing. Michael Saylor once said never sell Bitcoin. Strategy just sold 32 BTC. Here's why that may strengthen the Bitcoin treasury model. This post Strategy Sold 32 Bitcoin… And That’s a Good Thing. first appeared on Bitcoin Magazine and is written by Nick Ward.
📉 Bearish
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
Crypto trading volume spiked on June 1 after Strategy, formerly MicroStrategy, confirmed its first Bitcoin (BTC) sale in years, and the flows reveal a market splitting hard between risk-off dumping and a few selective bids. In a June 1 Form 8-K, Strategy disclosed that it sold 32 BTC for roughly $2.5 million in late May, a The post Crypto Volume Skyrockets After MicroStrategy’s Bitcoin Sale: What Are Traders Buying and Selling? appeared first on BeInCrypto.
📉 Bearish
The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.
📉 Bearish
The following is a guest post and opinion from Ben Nadareski, Co-founder & CEO of Solstice . Institutions were never going to arrive in crypto the way crypto wanted them to. No stampede into governance tokens. No CFO proudly announcing that idle treasury had been rotated into volatile assets. No pension fund committee suddenly speaking […] The post Crypto walked so banks could run appeared first on CryptoSlate.
📉 Bearish
Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows.
📉 Bearish
Bitcoin continues to find buyers on each dip, but charts suggest traders may struggle to overcome the $84,000-$92,000 resistance cluster.
📉 Bearish
Bitcoin Magazine Sequans Sells Half Its Bitcoin Holdings as Revenue Falls and Losses Mount Sequans Communications sold 1,025 bitcoin during the first quarter of 2026, cutting its digital asset reserves nearly in half. This post Sequans Sells Half Its Bitcoin Holdings as Revenue Falls and Losses Mount first appeared on Bitcoin Magazine and is written by Micah Zimmerman.