Virtual Currency Space

More than $26 million dollars was lost to scams involving cryptocurrency ATMs in Delaware last year, according to some lawmakers.

“These kiosks reduce digital currency to a predatory cash grab,” said Rep. Cyndie Romer, Chair of the House Technology & Telecommunications Committee and a sponsor of a new bill to enact a total ban on all cryptocurrency kiosks within the first state.

Cryptocurrency kiosks, also known as Bitcoin ATMs, are physical machines where customers can buy, sell, or exchange cryptocurrencies, like Bitcoin or Litecoin. They are often found in gas stations or grocery stores.

Financial advisers remain bullish on crypto, but not Bitcoin specifically.

Stablecoins and tokenization are now the biggest areas of interest.

The next bull market could be driven by new investors with different interests.

Financial advisers remain interested in crypto despite the recent market downturn, but their attention has increasingly shifted away from Bitcoin, according to Bitwise Chief Investment Officer Matt Hougan.

Corporate bitcoin buying has collapsed from $500 million per day to almost negligible

ETF outflows have dominated the narrative but corporate bitcoin treasuries have gone quiet too, compounding the demand-side weakness.

Jason Williams, host of the "Going Parabolic" podcast, said based on historical cycle behavior that a price floor will settle at $44,488.

The prediction drew support from investor Gary Cardone, who has recently warned that deteriorating conditions could create additional downside pressure for Bitcoin.

Gold, silver and bitcoin fall as traders reassess Federal Reserve's interest rate path.

The Fed is still expected to keep rates on hold this week but traders see a greater likelihood of a hike by October.

It follows selling pressure on stocks on Friday after hotter-than-expected U.S. jobs data reinforced bets on a rate hike from the Fed.

Bitcoin is back above the $60,000 mark after falling below that key level for the first time since October 2024 on Friday.

The world's largest cryptocurrency has lost about 27% of its value in 2026, and it's now about 50% off its all-time high. Despite the carnage, traders aren't backing away from this space. The iShares Bitcoin Trust ETF (IBIT) was among the top 20 most popular tickers in the options market by volume, and two of the top 15 largest options trades by dollar amount were in Strategy and Coinbase on Monday.

Bitcoin has lost half its value since hitting an all-time high in October, and the cryptocurrency's tailspin could deepen if it falls convincingly through ​important levels it has been circling in recent days.

The Federal Reserve targets 2% inflation. The current CPI is 3.3%, according to the latest Bureau of Labor Statistics (BLS) data, above the Fed's target.

Kevin Warsh, the Fed Chair, sworn in on May 22, has committed to tighter inflation discipline. Cleveland Fed President Beth Hammack reinforced that stance, warning the central bank may need to act soon to bring inflation back to target.

A CPI reading above analyst expectations would push rate hike odds above 80%, up from 70% currently. Both Bitcoin and gold suffer when rates rise: higher rates make yield-generating assets, such as Treasury bonds, more attractive compared to assets that pay no yield.

Since hitting a record high of $126,000 last fall, bitcoin has dropped to just above $60,000 amid waves of selling. That has erased more than $1.2 trillion in market cap in eight months and wiped out all gains across President Donald Trump’s second term.

On Friday, bitcoin its touched its lowest level since just before Trump’s reelection in 2024.

It’s a stark shift from the start of Trump’s term, when expectations of a more crypto-friendly administration helped fuel a rally to record highs. Bitcoin hit $100,000 for the first time ever one month after the presidential election.

Bitcoin (BTC-USD) prices may not stay in the tank for too long, if chart history is any indication.

The insight: Bitcoin prices have fallen below their 200-day moving average for the first time since 2023. Historically, this has made for a good buying opportunity.

Bitcoin steadied itself after dropping below the key threshold of $60,000, as Strategy Inc. Chairman Michael Saylor resumed making purchases of the token.

Bitcoin is heading for its worst performance for this point in the year in at least a decade, as booming AI stocks and a series of glittering upcoming new ​listings such as SpaceX lure away capital from the world's largest cryptocurrency.

Its price has tumbled around 15% this week, the most since November 2022, when ‌trading platform FTX imploded. At around $63,000, bitcoin has lost a third in value so far in 2026, more at this point in the year than at any time since at least 2015, LSEG data shows.

Bitcoin has fallen to its lowest level since February, dropping more than 25% this month, as long-term holders liquidate billions in holdings and efforts to advance US crypto regulation face uncertainty in Washington.

Bitcoin's slide deepened on Wednesday, with the price dropping as low as $61,300 for the first time since February, extending one of the most turbulent periods for the world's largest cryptocurrency this year.

Bitcoin dropped to its lowest level in nearly four months Thursday, weighed down by a combination of geopolitical anxiety, persistent institutional selling, and Strategy’s first Bitcoin sale in years.

Bitcoin fell to a near four-month low of $61,311 before trimming some of those losses, recovering to trade around $62,580.4 by 06:37 ET (10:37 GMT).

In the past two days, bitcoin's highest-conviction holders have sold about $2.4 billion in bitcoin.

Of the bitcoin sold in the past 30 days, 26% came from investors who bought it above $90,000.

"Top-buyer capitulation is a very common theme in late cycle bear markets. This makes us more confident that BTC's bear market is in late stages," said Compass Point analyst Ed Enge

Alarm bells are going off around bitcoin, with most of the headlines focusing on the biggest bitcoin treasury company's very big decision to sell a small amount of bitcoin.

Why it matters: A bitcoin sale by Michael Saylor's Strategy has drawn outsize attention, but geopolitical uncertainty and competition from stocks are posing bigger near-term risks to the cryptocurrency's price.

State of play: Some $2.8 billion left U.S.-listed spot-bitcoin ETFs in nine-straight sessions through May 28 — the longest stretch of withdrawals in the funds' two-year history, Bloomberg noted.

Since hitting an all-time high of $126,080 in October, the price of bitcoin fell over 40% through last week.

Between the lines: Analysts point to several overlapping pressures:

One is the Iran war, and investors' waning appetite for the riskiest risk assets amid soaring oil prices and fresh inflation worries.

Another is the boom in AI-related stocks, leading some institutional investors to rebalance portfolios and go even lighter on bitcoin.

In short, there have just been so many better ways to find returns, Bloomberg's Joe Weisenthal notes.

Souring Bitcoin sentiment has triggered almost $1.5 billion in crypto liquidations over the past 24 hours, as the largest digital asset sank back to a two-month low.