Strategy’s Bitcoin sale may give BTC a ‘durable bottom,’ Grayscale says
“Investors are now more confident about the instrument,” said Grayscale’s Zach Pandl regarding STRC, which reclaimed $90 for the first time in three weeks.…
Bitcoin drops after a run at $64,000, shrugging off Strategy's $213 million BTC sale
The token touched $64,400 overnight before easing back, still up about 6% on the week. A fresh missile strike on a Qatari gas ship in the Strait of Hormuz…
Former Tether CIO seeks to sell stake in stablecoin issuer, Bloomberg reports
The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs. Source:Cointelegraph
Bitcoin recovers from Strategy's BTC sale, funding rates hit 9%: Are bulls back?
Bitcoin sold off as news of Strategy selling BTC shook investors’ nerve but the quick rebound suggests bulls remain ambitiously positioned. Source:Cointelegraph
Strategy is losing a lot of money on bitcoin. Here’s why it’s selling anyway.
Strategy sold more than 3,000 bitcoins to raise cash to pay dividends on its preferred stock — something Executive Chair Michael Saylor had previously said it…
Bitmine announces $74M Ether buys as chair says ‘greater chances of Clarity Act passage’
Bitmine's big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday.…
Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook
First, it was a tiny amount of bitcoin sales; then, the purchase of several thousand BTC; and finally, today, the unloading of thousands of BTC. What's…
Ethereum developers embrace Vitalik Buterin's long-term vision but urge quicker execution
The "Lean Ethereum" strawmap, updated earlier this week, has gained support from many of the network's researchers, though several say the biggest challenge…
Bitcoin price falls up to 4% on Strategy BTC sale as trader sees Summer 2022 repeat
Bitcoin wiped out much of its latest gains thanks to a market reaction to Strategy's 3,600 BTC selloff, but analysis eyed a potential buy announcement in the…
Strategy sells 3,588 Bitcoin for $216M to fund dividends, keeps $2.55B reserve intact
Strategy sold $216 million in Bitcoin to fund its dividend payments, as wealth manager Bernstein maintained its yearend Bitcoin price target of $150,000.…
$60.4K Becomes 'most important area:' Five things to know in Bitcoin this week
Bitcoin saw its highest levels in nearly two weeks at the weekly close, but bulls needed a push beyond $65,000 for real trend inflection, said the latest BTC…
South Korea weighs action against Polymarket over gambling concerns
South Korea’s media and communications review body will hear from Polymarket before deciding whether to issue a corrective request against the prediction…