Bitcoin Funding Rate Hits a 2-Week High, but $70K Still Isn’t a Straight Line
Bitcoin’s funding rate has climbed to a two-week high, signaling stronger trader optimism, but ETF outflows and macro risks may still slow any move toward $70,000.
Bitcoin’s funding rate has climbed to a two-week high, signaling stronger trader optimism, but ETF outflows and macro risks may still slow any move toward $70,000.
Andrew Cuomo is set to co-chair a new venture involving OKX and Intercontinental Exchange, with the deal still subject to regulatory approval.
Strategy has lifted its USD Reserve to $1.4 billion and added 520 Bitcoin, with the move funded by $335.5 million in MSTR share sales.
Bitcoin is being watched for signs of another bearish wipeout, but realized losses are still below the 2022 peak, according to Cointelegraph’s reporting. That has led some analysts to argue the market may not have found its final bottom yet.
The US says it has seized roughly $1 billion in Iranian crypto assets, about twice the amount disclosed in late April, according to Treasury Secretary Scott Bessent.
BTC Prague returns to Prague on June 11-13, 2026, with 8,500 attendees expected, a new Bitcoin Living Masterclass track, and a week of side events for builders, investors, and the wider Bitcoin community.
Spot XRP ETFs have now posted nine straight days of net inflows, but the token still faces downside risk as traders weigh whether that demand is enough to offset selling pressure.
Capital B added $15.2 million in Bitcoin to its treasury, bringing it to 220 BTC after one of only four corporate Bitcoin investment announcements so far in May.
Twenty FTX victims have sued Fenwick & West, alleging the firm helped build infrastructure that kept the fraud running, according to Cointelegraph.
Bitcoin exchange-traded funds saw $635 million in outflows on Wednesday, their largest single-day withdrawal since late January, as Bitcoin slipped back below $80,000.