Sequans Communications has ended its Bitcoin treasury strategy and is returning focus to its IoT semiconductor operations. The company repaid all convertible debt using proceeds from Bitcoin sales and plans to gradually liquidate its remaining 658 BTC. Sequans accumulated more than 3,000 BTC during 2025, but falling prices and financial pressures led to a major […]
Bitcoin traded near US$76,900 after spot BTC ETFs recorded US$1.26 billion in weekly outflows. Combined Bitcoin and Ethereum ETF outflows reached nearly US$2.7 billion over two weeks, according to market summaries. XRP, Solana and HYPE-linked funds still drew inflows, pointing to rotation rather than a full institutional exit. Bitcoin (BTC) traded near US$76,900 (AU$106K) on […]
A New York lawsuit is seeking ownership of thousands of inactive Bitcoin wallets by arguing the assets qualify as abandoned property under state law. The dispute centres on 39,069 dormant Bitcoin addresses allegedly holding about 3.7 million BTC after a year-long effort to locate owners failed. Crypto industry figures and analysts say the case faces […]
Bitcoin traded near US$77,400 after recently dropping toward US$76,000 and triggering more than US$600 million in realised losses. Glassnode said spot accumulation has not returned, with negative spot CVD and weaker US institutional activity. Futures positioning and positive funding rates showed leveraged longs remained active while spot demand softened. Bitcoin (BTC) traded near US$77,400 (AU$107K) […]
Bitcoin failed to clear its 200-day moving average near US$82,400 after rebounding from about US$60,000. CryptoQuant said the same moving-average zone acted as major resistance during the 2022 bear market. Weak spot demand, lower futures momentum and bearish sentiment kept the rebound vulnerable to another pullback. CryptoQuant’s head of research Julio Moreno warned that Bitcoin […]
U.S. spot Bitcoin ETFs recorded US$648.6 million in net outflows, the largest single-day withdrawal since Jan. 29. Kaiko-linked data showed top-10 crypto spot volume averaged US$80 billion a week in 2026, less than half the 2025 average. Analysts flagged rising Bitcoin open interest, weaker ETF demand and slower on-chain capital inflows as pressure points. Bitcoin […]
Swan Bitcoin has been accused in a Delaware bankruptcy lawsuit of withdrawing major crypto holdings from Prime Trust before the custodian’s collapse. Court filings allege the company had access to confidential information about Prime Trust’s deteriorating financial position before bankruptcy proceedings began. The case centres on nearly US$1 billion in assets that creditors are seeking […]
Bitcoin Depot filed for voluntary Chapter 11 in Texas on May 18 and took its Bitcoin ATM network offline. Preliminary Q1 revenue fell US$80.7 million, or 49.2%, as transaction volume dropped under tighter rules and compliance controls. BTM shares fell about 73% after the filing, with the company planning an orderly wind-down and asset sale. […]
Farside Investors data showed U.S. spot Bitcoin ETFs posted US$630.4 million in net outflows on May 13. BlackRock’s IBIT led redemptions with US$284.7 million, followed by ARKB, FBTC and BITB. Solana ETFs still drew US$6.0 million, while 21Shares’ THYP showed US$3.17 million in assets. US spot Bitcoin ETFs recorded US$630.4 million (AU$870 million) in net […]
Bitcoin traded near US$79,573 after falling below US$80,000 following the April PPI release. US producer prices rose 1.4% in April and 6.0% from a year earlier, according to the Bureau of Labor Statistics. Despite the sell-off, traders believe if BTC can hold near the $80K level then we might see further resilience. Bitcoin (BTC) slipped […]
