Bitcoin bounces to $63K as AI and SpaceX IPO siphon liquidity; Congress tees up crypto tax overhaul, ZEC surges on Ironwood plan

BTC rebounds after a sub-$60K dip as mega-cap AI raises and SpaceX’s $75B IPO drain risk capital. Congress floats 7 crypto tax fixes; ZEC jumps on Ironwood upgrade plan.

Bitcoin Reclaims $63K as $540M in Shorts Wiped Out, but ETF Outflows Keep Rally on Thin Ice

Bitcoin jumped 7.5% to $63.8K, liquidating $540M in shorts—the largest in seven weeks. Yet ETF outflows, a negative U.S. premium, and elevated CME vol suggest the bounce is fragile.

Strategy Rebuilds $1B Cash and Adds 1,550 BTC After Its Sharpest Weekly Slide Since 2022

Strategy bought 1,550 BTC for $101M, lifted cash to $1B, and steadied shares after a 24% weekly drop. The firm balances Bitcoin accumulation with preferred dividend discipline.

Bitcoin spot ETFs see $1.7B weekly outflows, the largest since Feb 2025, as hot jobs data resets risk

U.S. spot bitcoin ETFs shed $1.7B in a week—the biggest since Feb 2025—after a stronger-than-expected jobs report shifted rate expectations and cooled risk appetite.

Bernstein: Bitcoin’s quiet phase doesn’t dent its store‑of‑value case despite $2.6B ETF outflows in 2026

Analysts argue bitcoin’s store-of-value thesis holds despite a “boring cycle” and $2.6B in 2026 ETF outflows. Here’s why ETF flow headlines can mislead and what long-term signals matter.

Bitcoin pops back to $63K as KOSPI sinks 8% — a relief bounce, not a regime change

Bitcoin reclaimed $63,000 while South Korea’s KOSPI slid 8%. Why the crypto move looks like an oversold relief rally and what limited cross-asset spillover signals matter next.

NY judge pauses case over claims to 40,000 Bitcoin wallets, sets July review of amicus arguing lost-property law doesn’t fit private keys

A New York judge stayed a lawsuit targeting nearly 40,000 Bitcoin wallets and set a July hearing on an amicus brief asserting NY’s lost-and-found statute can’t reach private-key assets.

Saylor’s ‘add more dots’ tease points to another bitcoin buy as Strategy sits $11.7B in the red, with STRC dividend vote looming

Michael Saylor hints at fresh BTC accumulation a week after Strategy’s first sale since 2022 and a day before STRC dividend vote closes, despite a $11.7B unrealized loss.

The Trump Trade Unwinds: Bitcoin Slips Below Election Day Levels as Flows Flip to AI

Bitcoin fell below $60k and is nearly 52% off its peak, erasing gains since Trump’s 2024 win as ETF demand reverses, AI draws capital, and policy support lags market reality.

Strategy Stock Slides to 4-Month Low as Bitcoin Breaks $60K; STRC Preferred Slips to $93

Strategy shares hit a four-month low as Bitcoin dipped under $60K and STRC fell to $93. We unpack the reflexive link between STRC’s dividend, issuance, and the firm’s $50.4B BTC treasury.