To The Moon

The crypto crash of 2026 is picking up steam. And investors are abandoning top Bitcoin exchange-traded funds as prices continue to slide.Bitcoin is now hovering just above $60,000, its lowest level since October 2024, according to Dow Jones Market Data. Bitcoin even briefly dipped below $60,000 earlier Friday. The price of the world's most valuable digital currency has now tumbled 18% during its six-day losing streak and has plunged more than 30% this year.Investors have been pulling money from top Bitcoin exchange-traded funds. The iShares Bitcoin Trust ETF, Fidelity Wise Origin Bitcoin Fund, Cathie Wood's ARK 21Shares Bitcoin ETF, and the Invesco Galaxy Bitcoin ETF have all suffered notable outflows during Bitcoin's recent losing streak.The iShares Bitcoin Trust, the world's biggest crypto ETF with about $50 billion in assets, saw more than $3.1 billion leave between May 18 and June 3, according to crypto data firm The Block."No firm with investors or shareholders can hold on to its

MW S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record. Here's what investors need to know about Friday's selloff.The highflying semiconductor trade finally ran into trouble late this week. Stocks had a rough day, and a rough week.A remarkable two-month sprint higher for major stock-market indexes encountered its first major hiccup on Friday as the Nasdaq Composite plummeted more than 1,121 points - the biggest one day point drop on record, according to Dow Jones Market Data.That translated to a 4.2% decline for the index, the biggest in percentage-point terms since April 10, 2025, data showed. A 2.6% drop for the S&P 500 SPX on Friday was its worst since Oct. 10.Taken together, Friday's selloff wiped $1.8 trillion of market value from members of the S&P 500, according to Dow Jones Market Data.The tumult wasn't confined to stocks; prices of bonds and crude oil also fell. The 10-year Treasury note yield BX:TMUBMUSD10Y rose 4 basis points - 0.04 percentage poi

Michael Saylor’s Strategy has faced growing pressure to sell additional Bitcoin after a recent share price decline raised concerns about the sustainability of its financing structure, according to a new report from Grayscale Research.Grayscale warned that Strategy may be forced to sell more Bitcoin if weakness in STRC increases cash flow obligations.The firm said lower STRC and MSTR share prices could restrict Strategy’s ability to raise capital for additional BTC purchases.While Grayscale expects Bitcoin to recover, Standard Chartered believes Strategy will resume aggressive Bitcoin accumulation.Grayscale Research said the company’s ability to keep expanding its Bitcoin holdings has become more constrained as prices of both MSTR and STRC shares have fallen. The warning follows Strategy’s sale of 32 BTC, a move that drew attention because Saylor had spent years publicly arguing against selling Bitcoin.The current bearish market conditions could also limit Strategy’s capacity to issue n

Marvell Technology's stock fell sharply in after-hours trading on Wednesday, declining 5.91%. The drop followed a strong intraday session where the chipmaker's shares had extended a rally fueled by...

Strategy (NASDAQ:MSTR) may have created a capital structure problem that could hurt either Bitcoin

$Advanced Micro Devices(AMD)$ The rebound and the return to up is being witnessed now. As expected.....

Market sentiment for Bitcoin has deteriorated sharply, triggering a wave of forced liquidations exceeding $1 billion in the cryptocurrency space. This represents the most severe pressure the market...