The Bitcoin treasury firm Strategy (MSTR) has completed its largest crypto sale to date by divesting 3,588 Bitcoin for $216 million between June 29th and July 5th. The transaction happened under the firm’s newly introduced BTC monetization program designed to support dividend payments. “This framework is designed to strengthen credit quality and enable the Company …
Continue reading “Strategy Executes Record $216,000,000 Bitcoin Sale Under New Program”
US President Donald Trump once called Bitcoin “a scam,” but admitted on Monday that he got involved in crypto “a little bit for politics.” US President Donald Trump says he got involved in crypto “for politics” and became pro-crypto after seeing how much money the industry was making. At a press conference in the Oval …
Continue reading “Trump says he became ‘a big crypto guy’ partly for politics”
Blockchains will face increasing pressure to compromise on decentralization to meet user demand for speed and scalability, Injective CEO Eric Chen said. Layer-1 blockchains will come under increasing pressure to sacrifice decentralization for speed and efficiency as adoption of the technology grows, according to Injective CEO Eric Chen. This pressure will come from the need …
Continue reading “L1s face decentralization ‘tug-of-war’ as adoption grows: Injective CEO”
Donald Trump’s scheduled keynote at the Bitcoin Conference in Nashville puts crypto policy back on the main political stage at a time when digital assets are becoming a louder campaign issue. For more details, visit the official B platform. TL;DR Donald Trump is listed as a keynote speaker for the Bitcoin Conference in Nashville. The …
Sui has crossed the $1 billion total value locked mark on DeFiLlama, giving the Move-based network a clearer claim to serious DeFi liquidity. For more details, visit the official DeFiLlama platform. TL;DR Sui’s DeFi TVL has moved above $1 billion, according to DeFiLlama data. Lending and native DeFi protocols are helping drive capital onto the …
Continue reading “Sui DeFi TVL Breaks $1 Billion As Move-Based Chains Fight For Liquidity”
Tether has launched Alloy, a synthetic dollar product backed by Tether Gold, in a move that pushes the stablecoin issuer further beyond simple dollar tokens. For more details, visit the official Tether platform. TL;DR Tether has introduced Alloy and its aUSDT synthetic dollar product. The product is backed by Tether Gold (XAUt) rather than traditional …
Continue reading “Tether’s Alloy Launch Shows Stablecoins Are Moving Beyond Plain Dollars”
The SEC and CFTC are asking for public comment on portfolio margining harmonization, a dry-sounding regulatory move that could still matter for institutions trading across crypto-adjacent derivatives markets. For more details, visit the official SEC platform. TL;DR The SEC and CFTC are seeking comments on portfolio margining frameworks. The review targets capital efficiency across swaps …
Continue reading “SEC And CFTC Margining Review Could Matter For Crypto Derivatives Desks”
Kraken has added spot trading support for Bittensor’s TAO token, giving one of the most closely watched decentralized AI assets a larger regulated exchange venue. For more details, visit the official Kraken platform. TL;DR Kraken has listed Bittensor (TAO) for spot trading. The listing expands access to one of crypto’s leading AI-linked tokens. Trading support …
Continue reading “Kraken Adds Bittensor Trading As AI Tokens Keep Pulling Exchange Attention”
The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a Bitcoin reserve.
Bitcoin reversed course from its Monday open selloff and closed the day above $64,000 as bulls began to price in Strategy’s selling.
The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs. Former Tether chief investment officer Richard Heathcote is seeking to sell part of his 1.26% stake in the stablecoin issuer, according to a Bloomberg report citing people familiar with the matter. Heathcote …
Continue reading “Former Tether CIO seeks to sell stake in stablecoin issuer, Bloomberg reports”
Bollinger Bands creator John Bollinger says the charts suggest Bitcoin could take off from here. Vitalik Buterin unveils a new Ethereum strawmap, but why is it taking so long? Michael Saylor’s Strategy sold 3,588 Bitcoin (BTC) to fund preferred stock dividend payments and replenish its cash reserves. Strategy sold the Bitcoin for $216 million, reducing …
Bitcoin sold off as news of Strategy selling BTC shook investors’ nerve but the quick rebound suggests bulls remain ambitiously positioned. Key takeaways: Bitcoin price quickly recovered from the selloff to $61,300 that followed Strategy’s Bitcoin sale announcement. Despite the negative impact on traders’ sentiment, the additional $216 million cash position eased concerns about the …
Continue reading “Bitcoin recovers from Strategy’s BTC sale, funding rates hit 9%: Are bulls back?”
The developers behind the memecoin project said they had informed law enforcement after the attack and were working to “recover funds and identify those responsible.” The decentralized autonomous organization (DAO) behind the Bonk (BONK) memecoin reported that an unknown entity had removed $20 million worth of the tokens in what it described as an attack …
Continue reading “BonkDAO reports $20M theft from ‘malicious governance proposal’”
Bitmine’s big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday. Bitmine Immersion Technologies, holding one of the largest Ether (ETH) stockpiles as part of its treasury strategy, said Monday it added of $74 million worth of the second-biggest crypto by market cap, in …
