Bitcoin Price Falls 5.5% In 5 Days To Below 73,000

Bitcoin price has fallen more than 5.5% over the past week, sliding from above $77,000 to around $72,600 on Thursday as risk sentiment weakened. The move extends a broader pullback from early May’s highs above $82,000, leaving bitcoin price trading near 6–7% lower week-on-week as surging spot ETF outflows and US‑Iran tensions pressure prices.

BlackRock’s iShares Bitcoin Trust recorded $527.84 million in net outflows on Wednesday, its second-largest single-day withdrawal since the fund launched in January 2024 — falling short of the all-time record by roughly $500,000. The figure lands within a broader retreat across the U.S. spot bitcoin ETF complex, which together shed…

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UTXO Enters Bitcoin Staking On Stacks, Targets BTC Yield

Bitcoin-native asset management company UTXO Management has become one of the first institutional participants in Bitcoin Staking on the Stacks network, marking a notable shift in how corporate Bitcoin holdings may be used.

The initiative introduces a structure that allows institutions to earn bitcoin-denominated yield without transferring custody or moving assets off the Bitcoin base layer. 

For treasury managers holding large BTC reserves, the model presents a new option that preserves core Bitcoin properties while addressing rising pressure to generate returns.

Bitcoin Staking on Stacks requires participants to lock BTC in a Bitcoin timelock alongside a smaller allocation…

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BlackRock’s IBIT Bitcoin ETF Sees $527 Million Outflow: What Is Going On?

BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) shed $527.84 million on Wednesday, its second-largest single-day outflow, as US airstrikes near the Strait of Hormuz reignited Middle East tensions.

All 11 US Spot Bitcoin ETFs Lost $733M In A Single Day

The complex has now posted outflows for several consecutive sessions, pulling more than $2 billion from the market over two weeks as Bitcoin slid from above $82,000 on May 6 to under $73,000.

Wednesday’s IBIT outflow came within $500,000 of the fund’s all-time single-day record of $528.3 million set on January 30. 

IBIT holds roughly $59 billion in assets and accounts for close to 4% of Bitcoin’s total supply, making redemptions from…

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Digital Credit Cannot Be Replicated With Bitcoin And Treasuries

The scale up of STRC and SATA has drawn in many detractors. 

Recently Onramp published a paper highlighting some issues of Digital Credit. There were some errors and the paper was clearly AI-generated in most places. My favorite error actually had little to do with Digital Credit, and it appeared in the preface of the report (imagine you haven’t even started reading the actual paper and you already see a factual error, this is the level of AI we are dealing with). 

Onramp writes on Page 3: “Strategy has released AI-generated advertising featuring a young, attractive model in a tropical setting” 

But a quick viewing of the 30-second ad they are referencing shows that…

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Bitcoin Plunges To $73,000s, Ethereum, XRP Lose Over 3% As Crypto Sell-Off Accelerates

Bitcoin (CRYPTO: BTC) is down 2% over the past 24 hours, falling below its bear market resistance band in what resembles previous midterm-year fakeouts, according to crypto analyst Benjamin Cowen.

Why Traders Are Watching This Level

In a podcast on Wednesdyay, Cowen said Bitcoin’s move above the 20-week SMA near $74,000 and the 21-week EMA lacked the follow-through typically seen during true trend reversals.

Instead, the structure looks like prior midterm-year rallies that briefly pushed above key resistance before rolling over again.

“Bulls come out, dunk on the bears, and then the air gets let out,” Cowen said while comparing the current setup to 2018 and 2022 market behavior.

The past bear…

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Stock Market Today: S&P 500, Dow Futures Decline As US And Iran Exchange Strikes— Snowfalke, Salesforce,

U.S. stock futures fell on Thursday, after a higher close on Wednesday, as all indices ended marginally higher, but the small-cap index, the Russell 200 declined.

A U.S. official, speaking anonymously to Reuters, said American forces struck an Iranian ground control station in Bandar Abbas that was allegedly preparing to launch attack drones.

The official also said U.S. forces shot down four one-way drones that posed a threat near the Strait of Hormuz. “These actions were measured, ‌purely ⁠defensive, and intended to maintain the ceasefire,” the official said

Meanwhile, the 10-year Treasury bond yielded 4.50%, and the two-year bond was at 4.05%. The CME Group’s FedWatch tool‘s…

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Brian Armstrong Says You Can Now Route Your Paycheck Directly To Coinbase For Automatic Crypto Investment

Payday Becomes More Exciting

Armstrong confirmed the development on X, sharing a request from a user who had asked for it back in January 2025.

“You got it. Direct deposit is live on Coinbase,” Armstrong said.

The new feature lets users send their paychecks or a portion of it directly to Coinbase. Every payday, the funds can be automatically split between cash and cryptocurrency based on a predetermined allocation percentage.

Users would also have the option of spending the funds using Coinbase’s cryptocurrency card and earn 4% back on every purchase.

Legal Disclaimers

Coinbase added that funds from direct deposits typically become available in 3–5 business days, depending on the…

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Elizabeth Warren Says Trump ‘Gutting’ Regulator To ‘Enrich’ Family And Friends: ‘Need Crypto Legislation

Sen. Elizabeth Warren (D-Mass.) accused President Donald Trump on Wednesday of reducing enforcement on cryptocurrency and prediction markets to benefit firms linked to his family.

Warren Wants Better Laws To Address Trump’s ‘Corruption’

In an X post, Warren said that Trump is “gutting” the Commodity Futures Trading Commission so that his family and friends can “enrich” themselves.

“We need crypto legislation that stops this corruption and protects Americans from getting scammed,” the senior Democratic lawmaker said.

Warren has been one of the fiercest critics of Trump family-linked cryptocurrency businesses,  including the Official Trump (CRYPTO: TRUMP) and…

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Why Genius Group (GNS) Stock Surged 83% After Hours Today – Genius Group (AMEX:GNS)

Genius Group (AMEX:GNS) shares are trading sharply higher in after-hours trading on Wednesday.

GNS shares surged 83.72% to $0.40 in after-hours trading after the company announced the expansion of its treasury strategy with the launch of a new AGI Infinity Portfolio.

Genius Group is a Singapore-based AI-powered education company that provides AI training, digital learning and entrepreneurial education solutions globally.

AI Treasury Strategy

The company said its Board approved an initial target investment of up to $100 million into its AGI Infinity Portfolio, which is expected to provide exposure to artificial intelligence, robotics and space companies.

According to the announcement, the…

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Trump Says He’ll ‘Never Let Crypto Down,’ Promises ‘Future Proof’ Market Structure: ‘New Frontier Of Fina

President Donald Trump voiced his unwavering support for the cryptocurrency industry on Wednesday, stating that his administration is working to build a robust regulatory framework for digital assets.

Trump Claims Credit For Turning Crypto Around In US

He claimed credit for “saving” the industry and turning America into the “cryptocurrency capital of the world.”

“Builders and Entrepreneurs are coming BACK to the United States where they belong,” Trump said. “The new Frontier of Finance is being Built in America, and “TRUMP” will NEVER let Crypto down!”

He also promised to codify a “future-proof” market structure for the industry that will never be undone by “Crypto…

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