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Grayscale’s leverage stress test reveals basis trade unwinds – not macro selling – futures positioning cleansed

Althea Burnett2 months ago5 min read

Bitcoin basis trade unwind clears futures positioning Grayscale’s latest stress-test framing points to a basis trade unwind rather than broad macro selling, with futures positioning now…

BTC mortgage launch coincides with stablecoin supply stagnation – liquidity fragmentation ahead

Leo Nomist2 months ago6 min read

BTC mortgage launch meets stablecoin supply plateau Coinbase and Better Home & Finance on June 4 funded the first Fannie Mae-backed mortgage secured by Bitcoin in…

Layer 2s quietly consolidate as general-purpose chains lose institutional backing

Ethan Glober2 months ago6 min read

Layer 2s Consolidate as Base and Arbitrum Gain Share Layer 2s have entered a consolidation phase in 2026, with Base and Arbitrum capturing the bulk of…

Tom Lee’s $250K target ignores retail liquidity draining from exchanges

Cabel Dioli2 months ago5 min read

Tom Lee’s $250K Bitcoin target runs into exchange liquidity drain Tom Lee’s recurring $250,000 Bitcoin target is colliding with a tighter near-term supply picture as available…

Professional ETF outflows mask rising per‑holder accumulation – miner capitulation threshold nears

Bernard Nicolai2 months ago5 min read

Bitcoin ETF Outflows Mask Holder Accumulation Spot Bitcoin ETF outflows have remained a visible drag on near-term sentiment, but the broader picture is more mixed: a…

Physical Bitcoin redemption yields $1.78M after 15 years

Nathan Coben2 months ago6 min read

Casascius physical bitcoin redeemed for $1.78M after 15 years A rare Casascius physical bitcoin containing 25 BTC was redeemed this week, unlocking about $1.78 million in…

HIVE Digital sells 331 BTC in Q1 revenue report

Caleb Fing2 months ago5 min read

HIVE Digital reports $297.8M year and 331 BTC reduction HIVE Digital Technologies reported fiscal 2026 revenue of $297.8 million and ended the year with 150 bitcoin,…

SpaceX $75B IPO hype clashes with bitcoin treasury’s liquidity risk concentration

Fin Boldom2 months ago5 min read

SpaceX IPO hype meets bitcoin treasury liquidity risk SpaceX’s reported $75 billion IPO plans have sharpened debate around a separate crypto-market issue: the liquidity risk that…

Bitcoin ETFs record $4.4B outflow over 13 trading days

Benito Cormi2 months ago5 min read

Bitcoin ETFs record $4.4B outflow in 13-day streak U.S. Bitcoin ETFs have logged a record 13 consecutive trading days of outflows, with withdrawals reaching about $4.4…

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