Mt. Gox Moves 10,422 Bitcoin While Bitcoin Price Craters Below $69,000

Mt. Gox has moved 10,422 bitcoin worth about $739 million, marking its largest transfer in months as the deadline for creditor repayments approaches in October 2026.

Blockchain data from Arkham Intelligence shows the transfer took place in Bitcoin block 952,072 at 04:47 UTC on June 2. Of the total, 10,306 BTC was sent to a new address with no prior transaction history, while 116 BTC was routed to a known Mt. Gox hot wallet. 

A later transaction moved another 116 BTC to a separate address, along with a small test transfer to a Bitstamp cold wallet.

The structure of the transfer mirrors earlier movements tied to administrative preparation for creditor payouts. In past cases, similar…

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XRP Down 2.5% As ETFs Lose Another $4 Million: What Is Going On?

XRP ETFs Stay Green While Bitcoin Bleeds Billions

Spot ETFs have posted consistent daily inflows throughout May despite price weakness, with cumulative inflows now at $1.43 billion and net assets holding at $1.11 billion. 

The steady green bars contrast sharply with four consecutive weeks of Bitcoin ETF outflows totaling over $4 billion. 

Institutional conviction in XRP remains intact even as the token tests critical chart support.

Ripple Expands RLUSD Into Turkey Through Three New Partners

Separately, Ripple announced Tuesday that its USD-backed stablecoin RLUSD is now available in Turkey through partnerships with BiLira, Bitexen, and Bitlo. 

Turkey processes nearly $200 billion in annual…

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Strive Buys $185M In Bitcoin, Holdings Hit 19,000 BTC

Strive, Inc. moved on weakness in bitcoin’s price, acquiring 2,500 BTC for roughly $185.2 million at an average of $74,092 per coin. The purchase, disclosed via an SEC Form 8-K filing on June 2, lifts the Dallas-based treasury company’s total bitcoin holdings to 19,000 BTC — planting it among the top ten publicly traded corporate holders of the asset.

Strive launched in 2022 as an anti-ESG asset manager, founded by entrepreneur Vivek Ramaswamy with a focus on shareholder-first capital allocation. In September 2025, shareholders of Asset Entities Inc. approved a merger with Strive Enterprises to form a combined, publicly listed entity under the ASST ticker. 

The transaction gave…

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Tom Lee Says Bitcoin, Ethereum Thesis Is ‘Absolutely Not Broken,’ Sees $2 Million BTC

Lee On BTC and ETH

Speaking on CNBC, Lee pushed back against claims crypto’s thesis is broken after recent weakness relative to AI and software stocks.

The comments came after questions about investor frustration and reports of crypto holders “rage quitting” positions.

“If someone asks me is the thesis for Bitcoin or Ethereum broken? It’s absolutely not,” Lee said.

Lee argued crypto infrastructure becomes increasingly important as AI agents automate commerce, tokenization expands, decentralized identity systems grow and Wall Street moves toward blockchain settlement systems.

He also sees Bitcoin and Ethereum benefiting from network effects tied to wallet growth and blockchain activity.

BTC To… Read more on Benzinga

CME Group Goes Live With 24/7 Crypto Futures And Options, Launches Bitcoin Volatility Contracts

CME Group, the world’s largest derivatives marketplace, has launched 24/7 trading for cryptocurrency futures and options, marking a structural shift in how regulated derivatives markets align with the nonstop nature of digital assets.

Trading went live at 4:00 p.m. Central Time on Friday, May 29, on the exchange’s CME Globex platform. Over the inaugural weekend, more than 7,200 crypto futures and options contracts changed hands, generating roughly $50 million in notional value — a figure CME said reflected demand from both retail and institutional participants, the CME Group release said. 

The move closes a gap that had long frustrated crypto traders. Under the previous…

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Coinbase Exec Sees Path To Crypto’s ‘Dodd-Frank Moment’ As CLARITY Act Heads For Senate Floor

The fate of America’s current crypto market may hinge on a Senate vote expected this month, and few people are watching it closer than Coinbase Chief Policy Officer Faryar Shirzad.

In an interview on Fox Business’ Mornings with Maria earlier today, Shirzad made the case that the Digital Asset Market Clarity Act — known as the CLARITY Act — represents the most significant financial regulatory legislation since Dodd-Frank, and that passage is within reach.

“This will be the biggest financial regulatory bill that Congress has done in quite some time, certainly since Dodd-Frank,” Shirzad said. “What this does is it creates clarity for the crypto sector.”

The…

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Strategy Sold 32 Bitcoin… And That’s A Good Thing.

On May 5, Michael Saylor made an unusual comment.

“We will probably sell some Bitcoin to pay a dividend just to inoculate the market. Just to send the message that we did it.”

At the time, the statement caught many people off guard.

For years, Strategy had built its reputation around an uncompromising commitment to accumulating and holding Bitcoin. The idea that the company would voluntarily sell Bitcoin, even a tiny amount, seemed to run counter to that narrative.

Then it happened.

BREAKING: @Strategy (MSTR) sold 32 BTC for ~$2.5 million at an average price of ~$77,135 per bitcoin.

The sale represents less than 0.004% of @Strategy’s BTC holdings.

🗒️ Proceeds directed to…

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The Business Owner’s Guide To Vertical Integration With Bitcoin

While Bitcoin is often viewed strictly as a financial asset, a growing number of 2026 operators are treating it as something entirely different: a stack of operational capabilities to vertically integrate.

In traditional manufacturing, vertical integration is one of the oldest competitive moves in the playbook. A car company that owns its tire factory is vertically integrated; Apple, by owning its silicon, operating system, storefront, and device, is the modern textbook case. The structural advantages, lower costs, fewer dependencies, and tighter control over quality, are now being claimed by companies integrating Bitcoin into multiple stages of how they produce, hold, move, and earn…

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Strive (ASST) Eyes $4.2B War Chest To Ramp Up Bitcoin Accumulation

Strive, Inc. (ASST), the publicly traded Bitcoin treasury and asset management company, announced Monday that it plans to dramatically upsize its at-the-market (ATM) capital programs by a combined $4.2 billion — adding $2.1 billion each to its Class A common stock (ASST) and Variable Rate Series A Perpetual Preferred Stock (SATA) programs — in what could be one of the most aggressive Bitcoin accumulation moves by any public company this year.

CEO Matt Cole confirmed the plans in a post on X, stating: “Strive expects to increase the size of both the $ASST and $SATA ATM programs by $2.1 billion each, reflecting a sustained increase in liquidity and demand for both securities.”…

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Tom Lee: ‘ETH’s Price Doesn’t Reflect The Strengthening Of Ethereum’s Fundamentals’ – BitMine Immersion (

Firm Now Holds 4.49% Of Ethereum’s Circulating Supply

The latest purchase lifts Bitmine’s total holdings to 5.42 million ETH, putting the firm about 90% of the way toward its stated goal of owning 5% of Ethereum’s circulating supply.

Chairman Tom Lee said at Consensus 2026 in May that the company planned to moderate accumulation as it approached that target.

“ETH prices are not reflecting the strengthening of Ethereum fundamentals,” Lee said Monday. “But then again, this is not surprising given we are in the early stages of crypto spring,” he added.

Bitmine remains one of the few large digital asset treasury firms still actively adding to holdings. By contrast, Strategy Inc….

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