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Crypto

Bitcoin stuck near $70,000 as social media optimism rises

Social media optimism on bitcoin has jumped to its highest level so far in 2026, even as the cryptocurrency trades sideways near $70,000, Cointelegraph reported on May 31. Santiment said bullish comments outnumbered bearish ones by 2.23 to 1, the most one-sided positive ratio this year. It said similar spikes earlier in 2026 were followed by short-term pullbacks, while extreme pessimism aligned with local bottoms. Spot bitcoin ETFs logged a 10th straight session of net outflows on May 30.

Crypto

Bitcoin slumps after large sale of BlackRock spot bitcoin ETF shares spotted in dark pool

Bitcoin fell sharply shortly after a large dark-pool sale of BlackRock\'s spot bitcoin ETF shares, Cointelegraph reported. An unidentified trader sold 29.2 million shares of iShares Bitcoin Trust (IBIT) in a single block, a transaction worth about $1.3 billion. Bitcoin dropped from $77,875 to $76,720 in about 10 minutes and later slid to $75,600 over 24 hours. U.S. spot bitcoin ETFs extended a streak of net outflows to eight sessions.

Crypto

KOSPI doubles in 2026 on Samsung Electronics and SK Hynix as retail investors shift from bitcoin

South Korea\'s KOSPI broke above 8,400 for the first time and is up 100 percent so far in 2026, led by a rally in semiconductor shares. The index jumped 4.56 percent in a day as market value rose by about 300 trillion won to above 6,400 trillion won, with Samsung Electronics and SK Hynix at the center. Retail money has shifted from crypto to stocks, cutting domestic crypto trading value by about 80 percent.