The Latest Breaking News from Bitcoin

BlackRock Built a Bitcoin ETF That Cuts You a Monthly Check

The structure is a covered call wrapped around BTC. BITA holds spot Bitcoin, shares of BlackRock's $47 billion IBIT, and cash, and each month it sells call options against those IBIT shares to collect premiums.

International Business Times · Jun 11

Last Year, a Corpus Christi Cryptomine Guzzled over 11 Million Gallons. Now, Its Water Usage Is Being Kept Secret.

Amid its water crisis, the city declined to supply public records on the Bitcoin mine's usage, citing a state law that allows nondisclosure of an individual customer’s account.

Texas Observer · Jun 11

Bitcoin Has Erased All of Its Trump-Era Gains — $1.2 Trillion Lost in Eight Months

Bitcoin's price has fallen just above $60,000, losing over $1.2 trillion in value. Investors are turning to AI amid economic challenges, higher interest rates, and market liquidations.

International Business Times UK · Jun 11

GameStop’s $2 Billion Buyback Sends a Confusing Signal to Investors

GameStop's core business is improving and showing record profits; improvement is overshadowed by eBay confusion and high short interest.

MarketBeat · Jun 10

Why Elon Musk-led blockbuster SpaceX IPO may spell more bad news for crypto

The impending IPO of SpaceX is poised to shake up the cryptocurrency landscape. Investors are diversifying their portfolios, redirecting funds into promising artificial intelligence stocks. This shift could siphon off significant investments from digital currencies, especially with more AI-related IPOs on the horizon. This evolving trend hints at a turbulent…

The Economic Times · Jun 10

Bitcoin trades 50% below all time high, below $62,000 as geopolitical uncertainty weighs on crypto sentiment

Bitcoin is trading near $61,000, down significantly from its peak. Geopolitical tensions and upcoming US economic data are causing caution. Investors are prioritizing capital preservation amid uncertainty. Spot Bitcoin ETFs have seen outflows, impacting market participation. Analysts watch for inflation data to gauge Bitcoin's next move.

The Economic Times · Jun 10

Why Bitcoin has lost more than $1 trillion in value in just eight months

Bitcoin experienced its steepest weekly drop since the FTX collapse, driven by outflows from ETFs, AI stock competition, and shifting interest-rate expectations. Technical indicators have weakened, with Bitcoin falling below its 200-week moving average, signaling potential further declines as investors chase AI gains over crypto.

The Economic Times · Jun 10

Bitcoin’s worst week since FTX crash signals more pain ahead

Bitcoin experienced its worst week since the FTX collapse, with a modest rebound now raising concerns among analysts. Investors are pulling funds from Bitcoin ETFs, technical indicators have weakened, and shifting interest-rate expectations are drawing capital away from speculative assets. This downturn, though milder than past crypto winters, may signal…

The Economic Times · Jun 10

Bitcoin Sell-Off Drives Heavy Options Trading In Coinbase, Strategy As Crypto Stocks Stay Under Pressure

Crypto-linked equities remained active despite bitcoin's steep decline, with large options trades highlighting sharply different positions in two of the sector's biggest stocks.

International Business Times · Jun 9

Citrea's Token (CTR) Now Live on UPbit and Bithumb

GEORGE TOWN, Cayman Islands, June 9, 2026 /PRNewswire/ -- Citrea, the Bitcoin application layer backed by Founders Fund and Galaxy Ventures, announced that CTR, its coordination asset for the Bitcoin economy, is now available for trading on UPbit and Bithumb, South Korea's largest cryptocurrency exchanges. UPbit opened CTR/BTC and CTR/USDT…

AAP · Jun 9