4h ago
ETFs and MicroStrategy Holdings Top Satoshi Estimate as Bitcoin Slides Below $62,000
CryptoQuant CEO Ki Young Ju said Bitcoin held by spot ETFs plus MicroStrategy now exceeds Satoshi Nakamoto's estimated stack, even as BTC fell below $62,000. He cited MicroStrategy's net removal of 711,174 BTC since January 2023 and noted ETFs absorbed 509,102 BTC near $63,000 in March 2024, alongside 650,706 BTC added by MicroStrategy. Ju argued the return to similar price levels despite those flows points to unusually strong sell pressure, with an average investor cost basis around $53,000.
NEAR
NEAR-18.63%
4h ago
2d ago
Cardano Foundation partners with Brazil's Olympic Committee, sets three-year roadmap
The Cardano Foundation announced a partnership with the Brazilian Olympic Committee (COB) on June 2, 2026, outlining a three-year plan centered on identity and certification, fan engagement, equipment tracking, and governance and transparency. The collaboration is intended to apply AI, blockchain, and IoT to sports administration, boost institutional transparency, and expand engagement with athletes, coaches, and fans. The foundation said the process began with a first executive workshop last week, with institutional pilots expected next.
XRP
XRP-3.89%
2d ago
5-30
Adam Back Highlights Bitcoin's 200-Week Moving Average Moving Above $61,000
Blockstream CEO Adam Back said on May 30, 2026 that Bitcoin's 200-week moving average (200WMA) moved above $61,000, following a prior update on May 4 when it cleared $60,000. The indicator is widely tracked as a long-term trendline often cited as a divider between bear and bull phases. Separately, Bitcoin hit $72,364 on May 29 after four straight down days, and was last quoted at $73,544, down 0.05% over 24 hours.
BTC
BTC-3.60%
5-30