Strategy's Bitcoin Sale Timing Throws $50 Million Polymarket Bet Into Dispute
Polymarket users are waiting for a resolution on whether Strategy's Bitcoin sale took place before the end of May—with over $50 million bet so far.
Cointelegraph·
Strategy’s 32 BTC transaction has sparked debate over how investors value Bitcoin treasury companies as capital structure and liquidity considerations evolve.
Read full articlePolymarket users are waiting for a resolution on whether Strategy's Bitcoin sale took place before the end of May—with over $50 million bet so far.
Toncoin price jumped as Bitcoin revisited support below $72,000. Bulls took advantage of Telegram-related news of a rebrand to GRAM token to push TON above $2.27. If buyers dominate, Toncoin could edge past $3.00 next. Toncoin rose by nearly 20% and touched highs of $2.27 on Monday, June 1, as traders digested a surprise rebrand […] The post Toncoin price soars as Telegram eyes TON’s rebrand to GRAM appeared first on CoinJournal.
Digital credit's rise could reshape Bitcoin investment strategies, offering income potential but posing risks amid Bitcoin's inherent volatility. The post Strive CEO Matt Cole calls digital credit bigger than ETFs for Bitcoin’s future appeared first on Crypto Briefing.
Digital credit's rise could reshape Bitcoin investment strategies, offering income potential but posing risks amid Bitcoin's inherent volatility. The post Strive CEO Matt Cole calls digital credit bigger than ETFs for Bitcoin appeared first on Crypto Briefing.
Bitcoin is still trading above $60,000, but there are questions as to whether that area has already become the macro bottom for this correction or whether another crash could still drag the price back into that zone. Technical analysis using Bitcoin’s weekly RSI, prior cycle support, and the 21-week and 50-week EMA trend presents the bullish side of that trend, but bears can still argue that confirmation has not arrived until Bitcoin breaks above the weekly EMA structure. Bitcoin Might Have Bottomed Already The strongest argument that Bitcoin may have already bottomed is from the weekly RSI indicator. According to the thesis shared by Cryptoposeidon on X, Bitcoin’s weekly RSI has fallen below 30 only four times in history. The first three came around the January 2015, December 2018, and June 2022 lows, all of which later became macro bottom zones. Related Reading: XRP Analyst Flags Biggest Institutional Unlock That The Market Has Ever Seen Back in January 2015, Bitcoin’s RSI fell to ab
Bitcoin kicked off June by tumbling below $71,000 for the first time since April, triggering a broader market sell-off that wiped out $627 million in leveraged positions and reduced the total crypto market cap to $2.52 trillion. Bitcoin Crashes Below $71,000 to Kick Off June Bitcoin started June on the back foot, tumbling below $71,000 […]
SpaceX's ambitious IPO valuation and Bitcoin strategy could redefine market dynamics, influencing tech investment trends and financial strategies. The post SpaceX targets $2T IPO valuation, Bitcoin on balance sheet appeared first on Crypto Briefing.
On June 1, 2026, Strategy disclosed in an 8-K filing that it sold 32 Bitcoin between May 26 and May 31 at an average price of $77,135, raising about $2.5 million. It was the company’s first Bitcoin sale since December…