News
2 Jun 2026, 02:15
Fenbushi Capital Address Reportedly Sells 11,101 ETH at $11.8M Loss

BitcoinWorld Fenbushi Capital Address Reportedly Sells 11,101 ETH at $11.8M Loss An on-chain address linked to Fenbushi Capital has reportedly sold 11,101 Ethereum (ETH), realizing an estimated loss of approximately $11.79 million, according to blockchain analyst ai_9684xtpa. The transaction underscores ongoing volatility in the cryptocurrency market and provides a rare glimpse into the trading activity of a major institutional investor. Background of the Transaction The address in question had previously withdrawn a total of 33,398 ETH from the Binance exchange between February and April of last year. Those withdrawals were executed at an average price of $3,039.36 per ETH, suggesting a strategic accumulation phase during a period of relatively stable prices. The recent sale, executed at a lower market price, represents a significant loss on a portion of that position. Implications for the Market While the sale of 11,101 ETH is substantial, it represents only a fraction of the total holdings from the earlier accumulation. The move may indicate a shift in strategy, a need for liquidity, or a response to broader market conditions. Institutional sales of this magnitude can sometimes influence short-term price action, but the impact is often muted when executed over time or through over-the-counter (OTC) desks. What This Means for Investors For retail investors, this event serves as a reminder that even sophisticated institutional players are not immune to market downturns. The loss, while large in absolute terms, is a calculated risk within a diversified portfolio. It also highlights the importance of on-chain analytics in tracking whale movements, which can provide early signals of market sentiment shifts. Conclusion The reported sale by a Fenbushi Capital-linked address adds to the narrative of cautious institutional behavior in the current crypto climate. As the market continues to navigate regulatory uncertainty and price fluctuations, such transactions offer valuable data points for analysts and traders alike. Further monitoring of this address may reveal additional strategic moves. FAQs Q1: Who is Fenbushi Capital? Fenbushi Capital is a venture capital firm focused on blockchain and cryptocurrency investments. It was one of the early institutional investors in the space and holds significant positions in various digital assets. Q2: How was the ETH sale detected? The sale was identified by on-chain analyst ai_9684xtpa, who tracks wallet addresses and transaction patterns using blockchain data tools. The address was linked to Fenbushi Capital based on historical withdrawal patterns and known associations. Q3: Does this sale indicate a broader market trend? While a single institutional sale does not confirm a trend, it may reflect a cautious stance among some large holders. Investors should consider multiple data points and broader market indicators before drawing conclusions. This post Fenbushi Capital Address Reportedly Sells 11,101 ETH at $11.8M Loss first appeared on BitcoinWorld .
2 Jun 2026, 02:10
Charles Schwab Plans to Launch Spot Crypto Trading for Advisors Next Year

BitcoinWorld Charles Schwab Plans to Launch Spot Crypto Trading for Advisors Next Year Charles Schwab, one of the largest financial services firms in the United States, is preparing to introduce spot cryptocurrency trading for Registered Investment Advisors (RIAs) on its custody platform as early as next year, according to a report by Citywire. The move signals a significant step in the integration of digital assets into mainstream financial advisory services. Schwab currently oversees more than $5 trillion in advisory assets, as highlighted by Nate Geraci, CEO of wealth management firm Novadius Wealth Management, in a post on X. What This Means for RIAs and Their Clients For RIAs using Schwab’s custody platform, the ability to trade spot crypto directly could simplify portfolio management and reduce reliance on third-party crypto exchanges. Currently, many advisors who want to offer cryptocurrency exposure must navigate separate accounts, custodians, or investment vehicles such as crypto ETFs or trusts. By offering spot trading natively, Schwab could streamline compliance, reporting, and asset servicing for advisors, potentially lowering costs and operational complexity for end clients. Schwab’s Broader Crypto Strategy This is not Schwab’s first foray into digital assets. The firm has previously offered access to crypto-related ETFs and futures products. However, direct spot trading represents a deeper commitment to the asset class and reflects growing demand from both advisors and their clients for more direct exposure to cryptocurrencies like Bitcoin and Ethereum. The timing of the launch, targeted for 2026, comes amid a shifting regulatory landscape in the United States. Clearer guidelines from the Securities and Exchange Commission (SEC) and other regulators have encouraged traditional financial institutions to expand their crypto offerings. Why This Matters for the Crypto Market Schwab’s entry into spot crypto trading for advisors could accelerate institutional adoption. With over $5 trillion in advisory assets, even a small allocation to crypto by Schwab-affiliated advisors would represent a substantial inflow into the market. It also validates the asset class as a legitimate component of diversified portfolios. Industry observers note that Schwab’s move could pressure other major custodians and brokerages, such as Fidelity and TD Ameritrade, to expand their own digital asset services. Conclusion Charles Schwab’s plan to offer spot crypto trading to RIAs next year marks a pivotal moment for the integration of digital assets into traditional wealth management. The initiative underscores the growing acceptance of cryptocurrencies as a mainstream investment vehicle and could reshape how advisors approach portfolio construction in the coming years. FAQs Q1: When will Charles Schwab launch spot crypto trading for advisors? According to reports, the launch is expected as early as next year (2026), though an exact date has not been announced. Q2: Which cryptocurrencies will be available for spot trading? Schwab has not yet specified which digital assets will be offered. Bitcoin and Ethereum are widely expected to be included, given their market dominance and regulatory clarity. Q3: How does this differ from Schwab’s existing crypto offerings? Currently, Schwab offers access to crypto-related ETFs and futures. Spot trading would allow direct ownership of cryptocurrencies, which may offer different tax treatment and portfolio characteristics. This post Charles Schwab Plans to Launch Spot Crypto Trading for Advisors Next Year first appeared on BitcoinWorld .
2 Jun 2026, 02:00
Bitcoin Holds Record Long-Term Holder Supply – So Why Isn’t Price Rising?

Bitcoin has lost the $75,000 level as selling pressure intensifies and the market faces a wave of uncertainty that has erased the confidence built during the recovery from the April lows. The breakdown is significant, and XWIN Research Japan has identified a development in the long-term holder data that challenges one of the most widely cited bullish signals in Bitcoin on-chain analysis. Long-Term Holder supply has reached a record 15.8 million BTC. By the conventional interpretation that has guided on-chain analysis for years, that figure should be unambiguously constructive. More long-term holders means more Bitcoin removed from the liquid supply, less available for immediate sale, and a market where the most committed participants are expressing conviction through holding rather than distributing. Record LTH supply has historically been associated with the kind of structural supply tightness that precedes meaningful price advances. XWIN Research Japan presents the CryptoQuant argument that inverts that interpretation entirely — and it is an argument worth taking seriously precisely because it challenges the consensus rather than confirming it. The record LTH supply may not reflect growing conviction among committed holders . It may reflect something more concerning: a shortage of new buyers willing to absorb supply at current prices, leaving coins to age into the long-term holder category by default rather than by design. Record Long Term Holder Supply and No One Buying The XWIN Research Japan analysis reframes the record LTH supply with the demand context that changes its meaning entirely. In a healthy bull market, coins sold by long-term holders are absorbed by new investors entering the market — the supply rotation that drives price discovery higher as conviction transfers from early holders to fresh capital. That absorption mechanism is currently absent. Bitcoin appears to be changing hands less frequently, suggesting the demand side of the equation has weakened rather than strengthened. The data confirms the diagnosis across multiple cohorts. Whale holdings in the 1,000 to 10,000 BTC address range have stopped growing and are trending back toward negative year-over-year growth. Dolphin holdings in the 100 to 1,000 BTC range — which capture ETF and corporate demand — have slowed significantly since late 2025. Meanwhile, part of the LTH supply increase reflects older Coinbase-held coins simply aging into the long-term holder category through the passage of time rather than through deliberate accumulation decisions. The XWIN assessment consolidates weeks of converging signals into a single conclusion. Weakening ETF flows, negative Coinbase Premium readings, declining active addresses, and slowing on-chain demand have been present simultaneously for an extended period. Bitcoin does not currently have a seller problem. It has a buyer problem. Until ETF inflows recover, whale accumulation resumes, and network activity improves, the market remains in a demand recovery phase rather than a confirmed bull market — and record LTH supply is the symptom of that absence rather than the solution to it. Bitcoin Loses Key Support As Bears Test The Structure Bitcoin is trading around $72,600 after losing the critical $74,000–$75,000 support zone that had acted as the foundation of the recovery from the April lows. The breakdown is technically significant because it places BTC back below the 50-day moving average while simultaneously testing the confluence of the 100-day moving average and a major horizontal demand area. The chart shows a clear rejection from the May high near $82,000, where sellers regained control before price could challenge the declining 200-day moving average around $80,000. Since then, Bitcoin has produced a sequence of lower highs and lower lows, confirming a short-term bearish structure. The most important level currently sits between $72,000 and $73,000. This zone served as resistance during March and April before eventually flipping into support during the breakout phase. Markets often retest former breakout levels, and Bitcoin is now doing exactly that. The reaction here will likely determine the next major move. If bulls defend the current area and reclaim $75,000, Bitcoin could attempt another move toward $78,000 and eventually $82,000. Failure to hold support would expose the next major demand zone near $65,000–$66,000, where buyers previously stepped in aggressively after February’s selloff. For now, Bitcoin remains at a critical inflection point, with the $72,000–$73,000 region acting as the line separating consolidation from a deeper corrective phase. Featured image from ChatGPT, chart from TradingView.com
2 Jun 2026, 02:00
Bitcoin vs S&P 500: Why BTC’s 16% fall has traders asking questions

The widening gap between Bitcoin and the S&P 500 and bearish on-chain indicators suggest Bitcoin is under selling pressure.
2 Jun 2026, 02:00
Weiss Crypto Says Best Bitcoin Buying Opportunity In Years May Be Near

Weiss Crypto says Bitcoin may be approaching one of its strongest buying opportunities in years, with senior analyst Juan M. Villaverde arguing that a coming pullback could mark the final confirmation that the market’s bearish phase has ended. In a post on X, Weiss Crypto said its latest cycle analysis shows “exactly how low BTC could drop before this bear market ends” and why that could be “great news for the next leg up.” The comments came alongside a new video analysis from Villaverde, who said several of his macro, liquidity and cycle models are again pointing in the same direction: short-term downside, but within a broader constructive setup. Bitcoin Pullback Seen As Bullish Confirmation Villaverde said Bitcoin has largely continued to trade in line with macro signals, despite temporary deviations around geopolitical and legislative events. He pointed to a February low that his framework had been tracking since last year, followed by a rally that he said was weaker than expected. “We’ve been looking at this February bottom since last year. We’ve been talking about a Q4 correction since Q4 of last year. We were expecting a sell-off into February,” Villaverde said. He added that he began buying Bitcoin in late January because the market was already close to the expected cycle window. Related Reading: Bitcoin Short-Term Holders Move 107,760 BTC In A Single Day — Details The rally that followed, however, did not extend as far as he had anticipated. Villaverde said liquidity and bond-market signals had suggested Bitcoin could reach $90,000 or $100,000, but the market was disrupted by geopolitical risk, particularly the escalation around Iran and the Strait of Hormuz. In his view, that created a two-week deviation from the macro path rather than a structural break in the model. “Bitcoin has been moving alongside the macro,” he said, after filtering out that period. He argued that liquidity topped around the same time as Bitcoin and then began moving lower, while bond-market signals also pointed toward a downturn. Villaverde said he had been watching whether enthusiasm around the Clarity Act heading for a Senate vote could override the bearish short-term signals. “This is the only chance Bitcoin has of ignoring the bearish liquidity outlook and the bearish planetary models,” he said. But after that catalyst failed to generate a decisive breakout, he said the weight of the evidence remained tilted toward downside. Analyst Says He Is Not Calling For $50K Bitcoin The central point of the analysis was not that Bitcoin is entering a deeper bear market. Villaverde stressed that his framework is pointing to a correction inside a changed regime, not a collapse. “I just want to zoom out here and be very clear. I’m not predicting 50K. I’m not even saying it goes below $70K. I’m not even sure it goes below $70K,” he said. “I think that if you’re shorting this, this is not really what my framework is suggesting. My framework is suggesting that this is the correction that confirms that the bear market is over.” Related Reading: Anchorage Warns Bitcoin Yield Trade Could Cap Gains If BTC Rips Higher That distinction is key to the Weiss Crypto thesis. Villaverde said the bond-market model, which he described as looking 13 months ahead, still implies that the February low should not be retested. Liquidity, which he said looks forward roughly 12 weeks, has also begun to follow that broader path by forming a June-July low and turning toward a prospective rally. “If these two do not make new lows, my expectation is Bitcoin does not make new lows,” he said. In terms of downside, Villaverde said a move toward $60,000 remains possible under his Hurst cycle framework without invalidating the bullish structure. Still, he described the $65,000 to $66,000 area as more likely because it would preserve a higher low and keep the 320-day cycle right-translated, a structure he characterized as bullish. Rather than selling spot or shorting Bitcoin, Villaverde said he is approaching the setup through options. With Bitcoin near $80,000, he said he has been selling calls, while a sell-off would lead him to begin selling puts around $70,000, $65,000 or $60,000. The larger implication, according to Villaverde, is that Bitcoin may be forming an unusually shallow bear-market structure, shaped by institutional demand. “If we see that, that would be the most shallow bear market in crypto history,” he said, adding that it may have ended with a single low that was not retested. At press time, BTC traded at $72,043. Featured image created with DALL.E, chart from TradingView.com
2 Jun 2026, 02:00
Canadian Dollar Slips as Oil Prices Retreat from Recent Highs

BitcoinWorld Canadian Dollar Slips as Oil Prices Retreat from Recent Highs The Canadian dollar weakened against its US counterpart on Tuesday, extending recent losses as crude oil prices eased from multi-month highs. The loonie, as Canada’s currency is commonly known, fell to 1.3650 against the greenback, a decline of 0.3% on the day, as traders recalibrated expectations for commodity-driven currencies. Oil Prices Weigh on the Loonie Canada is one of the world’s largest oil producers, and the Canadian dollar is closely correlated with crude oil prices. When oil prices rise, the loonie typically strengthens because higher revenues flow into the Canadian economy. Conversely, a drop in oil prices often leads to currency weakness. On Tuesday, benchmark West Texas Intermediate crude fell by 1.2% to $78.40 per barrel, driven by profit-taking and concerns about demand from China, the world’s largest crude importer. This retreat from recent highs near $80 directly pressured the loonie, as traders sold the currency in tandem with the commodity. Broader Market Context The move comes amid a broader reassessment of global growth expectations. The US dollar, meanwhile, found support from stronger-than-expected US durable goods data, which reinforced the view that the Federal Reserve may keep interest rates higher for longer. This divergence in monetary policy outlooks further weighed on the Canadian dollar. The Bank of Canada, which recently cut its benchmark interest rate, is seen as more dovish compared to the Fed, narrowing the rate differential that typically favors the loonie. What This Means for Traders and Businesses For Canadian importers, a weaker loonie means higher costs for goods priced in US dollars, from machinery to consumer electronics. Exporters, however, may benefit from more competitive pricing abroad. For forex traders, the USD/CAD pair is now testing a key resistance level at 1.3650. A sustained break above this level could open the door to further gains for the greenback, particularly if oil prices continue to slide. The immediate catalyst will be the weekly US crude inventory data due Wednesday, which could either stabilize or accelerate the current trend. Conclusion The Canadian dollar’s decline reflects the ongoing sensitivity of commodity-linked currencies to shifts in energy markets. While the move is modest, it underscores the importance of oil price dynamics for Canada’s economic outlook. Traders will be watching both crude oil supply data and central bank commentary for clues on the loonie’s next direction. FAQs Q1: Why does the Canadian dollar weaken when oil prices fall? Canada is a major oil exporter, so lower oil prices reduce export revenues and weaken the country’s trade balance. This typically leads to a decline in demand for the Canadian dollar, causing it to depreciate against other currencies. Q2: What is the current USD/CAD exchange rate? As of the latest trading session, USD/CAD was trading around 1.3650, meaning one US dollar buys approximately 1.3650 Canadian dollars. Exchange rates fluctuate continuously based on market conditions. Q3: How do interest rate differences affect the Canadian dollar? If the Bank of Canada cuts rates while the US Federal Reserve holds or raises them, the interest rate differential widens in favor of the US dollar. This makes holding US dollar-denominated assets more attractive, putting downward pressure on the Canadian dollar. This post Canadian Dollar Slips as Oil Prices Retreat from Recent Highs first appeared on BitcoinWorld .










































