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4 Jun 2026, 23:03

BTC open interest down 25 percent to $23.2 billion

🚨 BTC open interest fell 25 percent to $23.2 billion. 📉 Huge selling forced rapid liquidations in $BTC futures. 🔍 Market risk decreased as speculative leverage declined sharply. Continue Reading: BTC open interest down 25 percent to $23.2 billion The post BTC open interest down 25 percent to $23.2 billion appeared first on COINTURK NEWS .

4 Jun 2026, 23:00

Michael Saylor posts ‘Back to Work’ as Bitcoin falls below $63K, raising eyebrows

Why do Saylor's usual cryptic teases sound different this time?

4 Jun 2026, 23:00

Anthropic Files Confidentially for IPO as Amodei Defends AI Spending Returns

BitcoinWorld Anthropic Files Confidentially for IPO as Amodei Defends AI Spending Returns Anthropic, the fast-growing artificial intelligence company behind the Claude model family, has taken a significant step toward going public. The company filed confidentially for an initial public offering, co-founder Daniela Amodei confirmed Thursday during a conversation at the Bloomberg Tech conference. The move comes as Anthropic continues to raise enormous sums from private investors, with a recent $65 billion fundraise at a $965 billion valuation drawing strong demand despite some market skepticism. Why Anthropic is Going Public Now Amodei explained that the decision to pursue a public listing is driven primarily by capital needs. Training frontier AI models and serving inference at scale requires massive upfront investment. “It’s a really big upfront cost to train the models and to serve inference on them,” she said. “My guess is that over time, the sort of core set of companies that are working to advance the frontier are just going to need access to capital, and I think the public market is very well suited to that.” Anthropic’s revenue growth has been extraordinary. The company reported that annualized revenue surpassed $47 billion in May, a dramatic increase from roughly $9 billion at the end of 2025. That trajectory has attracted intense interest from investors, though some have questioned whether the pace is sustainable. Addressing Doubts About AI Returns Concerns about whether corporate AI spending is delivering real returns have been mounting. Companies like Uber have publicly acknowledged that while AI can generate value, not all spending has proven productive. This has raised the possibility that businesses could tighten their AI budgets, potentially slowing growth across the sector. Amodei pushed back against that skepticism, arguing that most organizations are still early in their AI adoption journey. “The use cases today, I expect will continue to be the primary driver of efficiency or creativity, whether that’s coding, financial services, legal, [or] health care,” she said. “But as the business community gets more familiar with the tools, we’re all going to learn together. My hope is that over time it’ll be more incorporated into the day-to-day of how humans do our work, and there will actually be a lot more value realized.” Anthropic’s Unique Approach to Compute Unlike rivals such as OpenAI and Elon Musk’s xAI, Anthropic has chosen not to build its own data centers. Amodei explained that the company prefers to avoid overextending itself on compute capacity. “Anthropic’s view has always been wanting to plan for the best outcome but not overextend ourselves such that we’re buying more compute than we could productively use,” she said. “It’s really hard to predict that perfectly. We would much prefer to be on the side of having a little bit more demand for the product than we’re able to serve than the inverse.” That philosophy led to a surprising partnership with xAI last month, in which Anthropic agreed to pay $1.25 billion per month for compute capacity. The deal was disclosed in SpaceX’s S-1 filing and caught many in the industry off guard. What the IPO Means for the AI Industry Anthropic’s confidential filing signals that the company expects to meet the SEC’s disclosure requirements and is preparing for the intense scrutiny that comes with being a public company. For the broader AI sector, a successful Anthropic IPO would provide a major liquidity event for investors and employees, and could set a benchmark for how the market values frontier AI companies. The filing also comes at a time when regulators worldwide are increasingly focused on AI safety and governance. Anthropic has positioned itself as a safety-conscious company, and its public disclosures will likely offer greater transparency into its operations and risk management practices. Conclusion Anthropic’s confidential IPO filing marks a pivotal moment for the company and the AI industry. With revenue growing rapidly but questions about AI spending returns lingering, the public markets will now have a chance to weigh in on the company’s long-term prospects. Amodei’s confidence in the value of AI tools, combined with Anthropic’s cautious approach to compute investment, sets the stage for what could be one of the most closely watched tech IPOs in recent years. FAQs Q1: What is a confidential IPO filing? A confidential IPO filing allows a company to submit its registration documents to the SEC privately, delaying public disclosure until closer to the roadshow. This is common for companies that want to avoid revealing sensitive financial information too early. Q2: Why is Anthropic going public now? Co-founder Daniela Amodei cited the need for access to capital to fund the high costs of training and serving AI models. The public market provides a larger and more permanent source of funding compared to private fundraising rounds. Q3: How much revenue is Anthropic generating? Anthropic reported annualized revenue of over $47 billion as of May, up from roughly $9 billion at the end of 2025. This represents extremely rapid growth, though sustainability remains a question. This post Anthropic Files Confidentially for IPO as Amodei Defends AI Spending Returns first appeared on BitcoinWorld .

4 Jun 2026, 23:00

If You’re Waiting For The Bitcoin Bottom, This Pundit Says You Should Be Looking At This Quarter

Bitcoin is steadily pushing towards $60,000 and is trading close to its February 6 wick bottom. The crypto market sentiment is now back in extreme fear, and there have been multiple questions on when Bitcoin will eventually register a correction bottom. Crypto pundit Ardi believes the answer may be found less in the current candle and more in the calendar, especially since we are still in the second quarter of the year, while past bear market lows have usually arrived much later in the year. Bitcoin’s Bottom History Has A Favourite Season Crypto pundit Ardi, posting on X alongside a weekly Bitcoin chart that encompasses over a decade of price history, laid out a pattern that has held without exception across every prior market cycle. According to the pundit, Bitcoin has always bottomed in the fourth quarter during its bear market years, and that makes the current price action more difficult for bulls to defend from registering another bottom. The point is that the year is still in the second quarter, meaning Bitcoin would need to hold above the $60,000 region for another six months to break from the historical pattern. The Bitcoin weekly candlestick chart below captures this trend very clearly. Bitcoin’s 2013 cycle correction lasted 413 days before bottoming in November 2014, the 2017 bear cycle correction lasted 378 days before the December 2018 low, and the 2021 cycle bear market lasted 364 days before BTC bottomed in November 2022. The current correction is at 245 days from the October 2025 high of $126,000, leaving room for more time if the market continues to mirror previous bear-market structures. Consensus On Q4 2026 Ardi is not the only market watcher pointing to late 2026 as the more likely period for a cycle bottom. Popular crypto analyst and founder of Into the Cryptoverse, Benjamin Cowen, also noted that Bitcoin’s four-year cycle is still in play, given that the current cycle top in October 2025 arrived within one week of when it historically does. His base case for the current cycle low is October 2026. Other analysts have reached similar conclusions through different methodologies. Ali Martinez pins October 2026 as the likely bottom based on the average duration of prior bear markets. Xanrox places the bottom in September or October, with recovery expected to begin in November or December. CryptoQuant points to October through December, coinciding with what would be a sub-zero MVRV Z-Score, while technical signals, including the Bitcoin Repetition Fractal Cycle, are also pointing to October 2026 as the month everything will change. At the time of writing, BTC is trading at $62,950 after a 6.2% decline over the past 24 hours. The drop has pushed BTC to its lowest level in four months, leaving the cryptocurrency at risk of losing the $60,000 support as outflows from Spot Bitcoin ETFs continue to weigh on market sentiment.

4 Jun 2026, 22:55

Euro Edges Higher as Jobless Claims Weigh on Dollar Ahead of NFP

BitcoinWorld Euro Edges Higher as Jobless Claims Weigh on Dollar Ahead of NFP The euro edged higher against the U.S. dollar on Thursday, extending a modest recovery as a softer-than-expected U.S. jobless claims report tempered demand for the greenback ahead of the critical non-farm payrolls (NFP) release. The EUR/USD pair climbed to session highs near 1.0850, reflecting a cautious repositioning among traders awaiting Friday’s labor market data. Jobless Claims Data Weighs on Dollar Sentiment The U.S. Department of Labor reported initial jobless claims at 245,000 for the week ending April 26, above the consensus estimate of 232,000 and the previous week’s revised figure of 239,000. The higher-than-expected reading signaled a slight cooling in the labor market, prompting a modest pullback in the dollar index (DXY) from its recent two-week highs. Analysts noted that while the claims data alone is not enough to alter the Federal Reserve’s policy trajectory, it adds to the narrative of a gradually softening employment landscape, which could influence the central bank’s rate decisions later this year. Market Focus Shifts to Non-Farm Payrolls All eyes now turn to the April non-farm payrolls report, scheduled for release on Friday at 8:30 AM ET. Economists surveyed by Bloomberg project a gain of 240,000 jobs, down from 303,000 in March. The unemployment rate is expected to hold steady at 3.8%, while average hourly earnings are forecast to rise 0.3% month-over-month. A significant miss on the headline number could reignite expectations for a Fed rate cut as early as September, further pressuring the dollar and supporting the euro. Conversely, a strong print would reinforce the ‘higher for longer’ interest rate narrative, likely pushing EUR/USD back below the 1.0800 handle. Technical Levels and Market Positioning From a technical perspective, EUR/USD is testing resistance at the 50-day moving average near 1.0860. A decisive break above this level could open the path toward the 1.0900 psychological barrier, with further resistance at the April high of 1.0935. On the downside, support is seen at 1.0800, followed by the 100-day moving average at 1.0760. Options market data shows increased hedging activity around the NFP release, with implied volatility on one-week EUR/USD options rising to its highest level in three weeks, indicating traders are bracing for potential sharp moves. Conclusion The euro’s modest advance reflects a market in wait-and-see mode, with the dollar ceding some ground after a slightly weaker jobless claims report. However, the broader trend remains heavily dependent on Friday’s NFP outcome. A softer labor market reading could accelerate the euro’s recovery, while a strong report would likely restore dollar strength. Traders should brace for heightened volatility as the data hits the wires. FAQs Q1: What does a higher jobless claims number mean for the dollar? A higher-than-expected jobless claims figure suggests a softening labor market, which can weaken the dollar as it reduces the likelihood of aggressive Fed rate hikes. This typically supports the euro and other major currencies. Q2: How does the NFP report affect EUR/USD? The NFP report is a key indicator of U.S. labor market health. A strong report boosts the dollar, pushing EUR/USD lower, while a weak report pressures the dollar, lifting the pair. Traders closely watch the headline job gains, unemployment rate, and wage growth. Q3: What are the key technical levels for EUR/USD this week? The key resistance levels are 1.0860 (50-day moving average) and 1.0900 (psychological level). Key support levels are 1.0800 (round number) and 1.0760 (100-day moving average). A break above or below these levels could set the short-term trend. This post Euro Edges Higher as Jobless Claims Weigh on Dollar Ahead of NFP first appeared on BitcoinWorld .

4 Jun 2026, 22:43

Strategy faces $10.8 billion BTC loss after first sale

🚨 $10.8 billion in unrealized losses hit Strategy’s BTC holdings. 🗣️ The first BTC sale since 2022 sparks intense online debate. 📉 Critics worry new share issuance in $BTC might stall Strategy’s accumulation model. Continue Reading: Strategy faces $10.8 billion BTC loss after first sale The post Strategy faces $10.8 billion BTC loss after first sale appeared first on COINTURK NEWS .