Over Half of Bitcoin Supply Is Underwater — A Late-Cycle Signal That Often Precedes Bottoms After One More Flush

Over 50% of BTC supply sits at a loss—an on-chain threshold that tends to appear near cycle lows, often within weeks and sometimes after a final capitulation leg.

Bitcoin stalls near $61K as ETF outflows and macro nerves sap crypto’s bid

Bitcoin hovers around $61,000 as ETF outflows, inflation anxiety, and geopolitics cool risk appetite, reigniting debate over whether a durable bottom is forming.

Fold retires collateralized debt after $45M bitcoin sale; stock jumps 160% on clean-balance-sheet pivot

Fold sold $45M in BTC to fully eliminate its collateralized debt, sparking a 160% stock surge. Why a clean balance sheet can rerate crypto fintechs—and what to watch next.

Bitcoin’s Realized Price Near $53.6K Emerges as Probable Floor, but Weak Demand Clouds the Signal

On-chain data pegs Bitcoin’s realized price around $53,600 as a potential floor, a level tied to past cycle lows. Tepid demand suggests the path to stabilization may be uneven.

SpaceX’s retail‑heavy IPO may siphon liquidity from Bitcoin and Ethereum

With up to 30% of SpaceX’s IPO earmarked for retail, capital could rotate out of Bitcoin and Ethereum. Here’s how that liquidity tug-of-war may unfold and what to monitor.

Advisors pivot toward stablecoins and tokenization over bitcoin, says Bitwise CIO

Bitwise CIO Matt Hougan says advisors are leaning toward stablecoins and tokenization over bitcoin. Here’s why utility, compliance, and client psychology are steering the shift.

Bitcoin Edges Toward Cost Basis While ETF Outflows Sap the Bid, Says CryptoQuant

BTC slipped under $60K and now trades near $61.7K, with realized price around $53.6K. But $4.8B in ETF redemptions since May 14 points to fading demand, per CryptoQuant.

Botanix to Wind Down Bitcoin Layer-2 in July After Weak DeFi Uptake

Botanix will shut its EVM-equivalent Bitcoin layer-2 in July. Users must withdraw before July 9 or funds may be lost, as TVL collapses and fees lag despite a 2024 $8.5M seed.

Delaware Moves to Outlaw Bitcoin ATMs, Ordering 90-Day Removal Amid Rising Fraud

Delaware advances House Bill 441 to ban crypto ATMs statewide, mandating immediate shutdowns and 90-day removal, citing high fees and a jump in FBI-reported kiosk fraud.

Fold Sells $45M in BTC to Clear Debt; Stock Soars 162% as It Bets on Card-Led Growth

Fold liquidated ~$45M in Bitcoin at ~$71K, retired $20M in secured debt, and set aside $25M for expansion. Shares surged 162% to $1.60 as the fintech doubles down on its BTC rewards card.