Invest ideasNews
18 May 2026, 13:57
Bitcoin Depot files for bankruptcy as revenue falls 49.2%
🚨 Bitcoin Depot files for bankruptcy as revenue plummets 49.2%. Thousands of crypto ATMs are at risk as $BTC access faces new hurdles. Continue Reading: Bitcoin Depot files for bankruptcy as revenue falls 49.2% The post Bitcoin Depot files for bankruptcy as revenue falls 49.2% appeared first on COINTURK NEWS .
18 May 2026, 13:55
Michael Saylor: Strategy May Sell Bitcoin, That’s What Makes It an Asset
Michael Saylor, executive chairman of Strategy, recently acknowledged the possibility of selling Bitcoin and explained why publicly denying that option could actually hurt the asset. In an interview with Scott Melker on The Wolf of All Streets podcast, Saylor argued that an absolute “never sell” stance creates problems for companies holding large Bitcoin reserves. “We own about $65 billion worth of Bitcoin. If the market thought we'd never sell it, ratings agencies would say, ‘Well, then it’s not an asset,’” Saylor explained. Michael Saylor Says Bitcoin Must Remain Liquid According to Saylor, Bitcoin needs to remain liquid and usable for companies managing large treasury positions. He said there is between $20 billion and $100 billion in liquidity within the Bitcoin market that remains largely uncorrelated with a company’s stock performance or credit rating. If companies refuse to access that liquidity under any circumstances, the value and flexibility of Bitcoin as a treasury asset could weaken. The discussion followed comments he made during Strategy’s first-quarter earnings call, where he suggested the company could sell Bitcoin in certain situations to protect market confidence or stabilize the business during periods of panic. That statement surprised many Bitcoin supporters because Saylor has spent years promoting the idea of never selling BTC. Bitcoin Community Reacts to Saylor’s Comments The remarks quickly triggered debate across the crypto community. Simon Dixon said on social platform X that Strategy could eventually face pressure to sell Bitcoin if traditional financial institutions manipulated the company’s Bitcoin-backed debt or dividend products. Despite the controversy, Strategy continues expanding its Bitcoin holdings. The company began accumulating Bitcoin in August 2020 and now holds 818,869 BTC at an average purchase price of $75,540 per coin. Between May 4 and May 10, Strategy acquired another 535 BTC worth roughly $43 million at an average price of $80,340 per Bitcoin. Strategy Still Doubles Down on Bitcoin Even after discussing the possibility of selling, Saylor continues publicly supporting Bitcoin accumulation. For years, he repeatedly posted the phrase “Never sell your Bitcoin” on social media. However, since May 6, the wording has shifted slightly to: “Buy more Bitcoin than you sell.” The subtle change has fueled speculation that Strategy may be preparing for a more flexible long-term treasury strategy while still maintaining its strong bullish position on Bitcoin.
18 May 2026, 13:55
Over 7.8 Million Bitcoin Held at a Loss as Price Hovers Near $76,700, Glassnode Reports
BitcoinWorld Over 7.8 Million Bitcoin Held at a Loss as Price Hovers Near $76,700, Glassnode Reports More than 7.8 million Bitcoin (BTC) are currently held at a loss, according to data from on-chain analytics firm Glassnode. With the leading cryptocurrency trading near $76,700, the firm noted that a substantial volume of BTC was acquired near recent short-term price peaks, leaving those positions underwater. Glassnode Data Reveals Extent of Unrealized Losses Glassnode’s analysis highlights that the 7.8 million BTC figure represents a significant portion of the circulating supply. The firm explained that these coins were purchased by investors during periods of higher prices, likely during the market’s recent upward swings. For Bitcoin to mount a sustained structural rally, the market must first absorb the selling pressure emanating from these loss-holding positions. Market Implications and Path to Recovery The data suggests that a large cohort of traders and investors are currently sitting on unrealized losses. This creates a potential overhang of supply, as any price recovery toward the cost basis of these holders could trigger selling. Historically, markets have needed to ‘clear’ such overhead supply before establishing a new uptrend. The current price action around $76,700 is being closely watched by analysts as a key level where this absorption process may play out. What This Means for Bitcoin Investors For market participants, the Glassnode data serves as a reminder that price rallies are often preceded by periods of consolidation where weak hands are shaken out. The presence of a large volume of underwater positions does not guarantee a further decline, but it does indicate that any recovery may face resistance. Investors should monitor on-chain metrics such as spent output profit ratio (SOPR) and exchange inflows for signs that selling pressure is diminishing. Conclusion The on-chain data from Glassnode provides a factual snapshot of the current Bitcoin market structure. While the 7.8 million BTC held at a loss represents a challenge for immediate price appreciation, it also sets the stage for a potential supply squeeze once the overhead resistance is absorbed. The coming weeks will be critical in determining whether the market can digest this supply and lay the groundwork for a new rally. FAQs Q1: What does it mean for Bitcoin to be held at a loss? It means that the current market price of Bitcoin is lower than the price at which those coins were purchased, resulting in an unrealized loss for the holder. Q2: How does Glassnode track Bitcoin held at a loss? Glassnode uses on-chain data to analyze the cost basis of Bitcoin addresses. By comparing the price at which coins last moved to the current market price, the firm estimates the volume of supply in an unrealized loss. Q3: Could this selling pressure push Bitcoin prices lower? It is possible, but not guaranteed. The market may absorb the selling pressure through new demand, or prices could decline further if selling intensifies. The outcome depends on broader market sentiment and macroeconomic factors. This post Over 7.8 Million Bitcoin Held at a Loss as Price Hovers Near $76,700, Glassnode Reports first appeared on BitcoinWorld .
18 May 2026, 13:52
BlackRock accelerates Bitcoin selloff amid bearish sentiment
BlackRock’s iShares Bitcoin Trust ( IBIT ) has accelerated its Bitcoin ( BTC ) sell-off on May 18, after ending its six consecutive weeks of cash inflows. On Monday, BlackRock’s IBIT deposited 2,221 BTC, valued at about $170.59 million at press time, to Coinbase Prime, according to on-chain data from Arkham Intelligence , analyzed by Finbold. IBIT’s cash flow on May 18. Source: Arkham IBIT recorded a net cash inflow of $317.21 million last week, as Finbold reported , bringing its six-week buying spree to an end after accumulating nearly $3 billion in BTC. As such, BlackRock’s ETF holds Bitcoin valued at about $64.63 billion at the time of publication. IBIT’s weekly cash flow. Source: SoSoValue Bitcoin price falls amid IBIT sell-off The shift in IBIT accumulation has coincided with Bitcoin price rejection at a crucial supply level around $82,200, as Finbold noted . Notably, BlackRock’s investors could have traded the sell-the-news event for the Clarity Act, a proposed federal regulation aimed at legalizing crypto assets, which advanced the Senate Banking Committee in a 15-9 bipartisan vote. The flagship coin declined 4.61% over the past seven days to trade at about $77,410 at the time of publication. Butcoin’s market cap reduced by. $22.3 billion, over the past 24 hours, to hover about $1.5 trillion. BTC/USD 7-day chart. Source: Finbold What’s next for BTC? As BlackRock’s investors accelerated the Bitcoin sell-off, BTC’s near-term continued to signal bearish sentiment. After a strong rejection at a sell wall around $82,200 in the recent past, BTC price could drop below $72,000 to retest the lower boundary of the multi-week rising channel, based on analysis shared by Aksel Kibar, an ex-fund manager. BTC/USD 1-day chart. Source: TradinView However, if IBIT investors renew their accumulation pace in the near future, Bitcoin price could rebound. The post BlackRock accelerates Bitcoin selloff amid bearish sentiment appeared first on Finbold .
18 May 2026, 13:45
Bitcoin (BTC) Recovery Unlikely Until Toxic Supply Is Absorbed: Data
Bitcoin (BTC) plunged below $77,000 on Monday following a fresh round of threats directed at Iran by US President Donald Trump. Panic selling is accelerating across the market as major profitability metrics drop below critical levels. New data now suggests that a rapid V-shaped recovery remains unlikely. Deepening Bitcoin Panic Selling Bitcoin’s latest decline is developing into a broader market crisis rather than a routine short-term correction, as on-chain data points to a cascading sell-off driven by leverage liquidations and growing fear across the spot market. According to CryptoQuant data, long-term holders who accumulated Bitcoin between six and 12 months ago are now under heavy pressure, as their average realized entry price sits near $110,851. Following the recent market drop, many of these investors moved into deep unrealized losses, triggering a wave of exchange inflows since May 14. The crypto analytics platform’s stats reveal that the Spent Output Age Bands (SOAB) ratio for 6-12 month coins surged to 10.54%, which is far above its normal level below 1%, and indicated large-scale capitulation from long-term holders. Such spikes have historically reflected investors realizing large losses and exiting positions, which ends up increasing spot-market selling pressure. The weakness then spread to short-term traders. While most exchange inflows typically come from coins held for less than one day, profitability metrics showed increasing panic-driven selling activity. On May 16, the Short-Term Holder SOPR fell to 0.994 while adjusted SOPR dropped to 0.996, both below the 1.0 level that usually separates profit-taking from loss realization. Even on May 17, STH-SOPR remained weak at 0.999. CryptoQuant said this confirms that many short-term investors are now selling at losses rather than taking profits. The firm warned that a quick V-shaped recovery remains unlikely until “toxic” supply is absorbed and market sentiment stabilizes. Deeper Correction Ahead The growing market stress has also strengthened bearish views among several crypto analysts. Doctor Profit, for one, warned yet again that a major correction may be approaching soon. Mr. Wall Street also said Bitcoin could see a much deeper decline after its recent 10% pullback. The commentator claimed that bullish sentiment has already faded and repeated his view that the crypto asset may eventually drop to the $45,000 level. The post Bitcoin (BTC) Recovery Unlikely Until Toxic Supply Is Absorbed: Data appeared first on CryptoPotato .
18 May 2026, 13:44
Saylor’s Strategy scoops $2B Bitcoin, holdings reach 843,738 BTC
Michael Saylor’s Strategy bought 24,869 Bitcoin for $2.01 billion last week, lifting holdings to 843,738 BTC as STRC sales funded around 97% of the acquisition.
