Strategy (formerly MicroStrategy), the world’s largest institutional Bitcoin holder, caused a major stir in the cryptocurrency markets with its recent Bitcoin sale. The company’s decision to sell only 32 Bitcoin (worth approximately $2.5 million) has raised questions among investors about whether the company’s strategy is faltering. Speaking on the matter, Strategy CEO Phong Le shared
Evernorth CEO Ashish Birla says blockchain is no longer a futuristic concept but a technology solving real financial problems today. Tokenization As The Next Big Shift In a National Cryptocurrency Association podcast on June 17, Birla highlighted that blockchain’s core value lies in removing intermediaries and replacing them with decentralized trust. Instead of relying on
Range, a fintech company specializing in stablecoin and fiat asset management, has raised $8.3 million in a Series A funding round. The investment was led by TX Ventures and SixThirty, two traditional fintech-focused funds, signaling growing institutional interest in bridging digital and traditional finance infrastructure. Funding Details and Strategic Backing The Series A round brings
Token Terminal recently shared insights on the potential of EUR stablecoins, emphasizing their growing market opportunity. The tweet highlights that on-chain EUR stablecoins have a market cap of approximately $770 million, while off-chain EUR stablecoins boast a staggering $16 trillion. This information was shared in a tweet that can be viewed here. Market Snapshot The
Delphi Digital recently shared insights on the changing dynamics within the cryptocurrency market, particularly concerning Bitcoin’s influence. Jason from Delphi Digital stated, ‘I don’t think crypto will be the market where Bitcoin has to dictate if things can be positive or not.’ This perspective highlights a potential shift in how traders view the broader crypto
Prominent cryptographer and Blockstream CEO Adam Back explained in detail why Bitcoin should not be considered the sole invention of Satoshi Nakamoto, and why the architecture of the first cryptocurrency is actually the result of collective work by the cypherpunk community that had been underway since as early as 1997. According to Back, the basic
Bitcoin critic Peter Schiff has suggested that some specific STRC investors have an “ironclad” case against Strategy and its co-founder, Michael Saylor. Schiff also opined that the Strategy co-founder may be guilty of fraud and has a lot of liability to investors who will lose money as STRC drops to new lows.
The Bitcoin [$BTC] price has dropped about 4% to $64K following the hawkish Fed rate decision on the 17th of June. The pullback dragged the entire crypto market lower. Notably, the inaugural decision under the new Fed chair, Kevin Warsh, maintained the interest rate at 3.5%-3.75%, citing sticky inflation. Inflation remains elevated relative to the
Bitcoin has suspended its recent price rally following a sudden price flip to the downside trajectory, failing to reclaim the much-anticipated $70,000 level. While the drawdown has seen Bitcoin remain in the red zone for the past few days, Bitcoin is back to trading below $64,000. However, popular crypto analyst Ali Martinez has spotted a
Canadian Bitcoin developer Peter Todd sparked fresh debate over the identity of Bitcoin creator Satoshi Nakamoto. He posted on X that he had been discussing programming with adults since the age of 12 and was already communicating with cryptographers Adam Back and Hal Finney at 15 while attempting to create Bitcoin. Todd made the remarks