6-8
QCP: Bitcoin slides 11.6% into June 8 as "double compression" builds
Bitcoin started June under heavy pressure, down about 11.6% on the week into June 8 and struggling to regain key momentum levels. QCP Capital says the move reflects simultaneous crypto deleveraging and worsening macro signals, while Strategy's late-May sale of 32 BTC for preferred dividend payments added a symbolic shock. QCP also noted 30-day at-the-money implied volatility rose to about 41.4 as demand for downside hedges remained strong.
BTC
BTC+0.74%
6-8
5-28
Samsung affiliates to buy 4% of Upbit operator Dunamu for $408M on May 28
On May 28, Samsung Securities, Samsung SDS, and Samsung Card said they will jointly buy a 4% stake in Dunamu, the operator of South Korea's largest crypto exchange Upbit, for about 612.8 billion won ($408 million). The shares are being acquired from Kakao-affiliated funds at around 439,250 won per share, implying a Dunamu valuation of roughly 15.3 trillion won, with closing scheduled for June 19.
WLD
WLD+8.00%
5-28
5-25
New York lawsuit asks court to award 39,069 allegedly abandoned Bitcoin wallets
A New York man identified in filings as Noah Doe has asked the Supreme Court of the State of New York to declare him the legal owner of 39,069 Bitcoin wallets that he says were abandoned. The First Amended Complaint was filed May 1, 2026 (index No. 153119/2026) after he reported wallet-address data to the NYPD and said he spent more than a year trying to locate the owners. The dispute centers on whether long-dormant, self-custodied wallets can be treated as lost property under New York law.
BTC
BTC+0.74%
5-25
4-7
IMF flags four systemic risks as tokenization moves market plumbing on-chain
The IMF says crypto tokenization represents a structural change to financial market "plumbing", warning it could amplify liquidity stress as settlement, margining, and compliance are embedded in code. The report argues that atomic settlement, 24/7 trading, and automated margin calls may accelerate shocks beyond regulators' response speed, while fragmented liquidity across chains can worsen slippage and risk management. It also notes emerging-markets exposure, where large flows of crypto tokens and dollar-pegged stablecoins could undermine local monetary policy tools.
BTC
BTC+0.74%
4-7