For the first time ever, MicroStrategy admitted that over the course of a single week, it diluted all four classes of the company’s public securities. The liquidations are classed as accretive dilution because the sales allow the company to buy slightly more bitcoin (BTC) than the proceeds of its sales. This is only possible, of
Those betting against bitcoin BTC$116,835.12 -holder MicroStrategy (MSTR) seem to have run out of patience and look to be exiting bearish bets. On Monday, a U.S.-listed exchange-traded fund (ETF) that provides a leveraged bearish exposure to shares of bitcoin holder MicroStrategy sank to lifetime lows on the back of near-record trading activity. Prices for the
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As bitcoin BTC$119,389.32 trades near $119,500, having just recently broken through
One year ago, Germany sold off 50,000 bitcoins, completely liquidating its stockpile. In the intervening time, the price of BTC doubled, and a similar today would’ve netted more than $6.64 billion. This example could provide a useful cautionary tale for leaders around the globe. Even if a government is determined to liquidate its holdings, a
Retail investors buying long-term drove Bitcoin (BTC) out of its four-month channel between $100,000 and $110,000 to a new all-time high of $123,120, a 65% rebound from April’s tariff-panic low. According to the latest Bitfinex Alpha report, the move to heavy bidding from wallets holding fewer than 100 BTC, while long-term holder selling slowed. Grassroots
Daily trading in Bitcoin Ordinals reached its most active level since December 6, 2024, with CryptoSlam data showing $11.5 million in sales on July 14. The data also highlighted more than 8,000 unique buyers versus approximately 3,000 unique sellers, representing the widest buyer/seller gap in five months. The surge places the sales volume curve above
In just about a week after the Satoshi-era Bitcoin whale created a buzz across the crypto market with its massive $8.6 billion BTC transfer, the whale is back—this time moving thousands of BTC tokens, according to recent data shared by the tracking firm Lookonchain. The same wallet address that previously moved a total of 80,000
⁷The bull market may be taking longer than expected to kick into its final gear, but the Bitcoin price structure remains bullish and steadily climbing within a rising trend channel. However, the potential upper targets have also moved higher, and might open the door to unprecedented price levels in the weeks ahead. Why The Bull
Bitcoin drove $468M of $1.1B in liquidations, affecting over 126K traders in 24 hours. Short positions dominated, with HTX seeing 96.74% of liquidations on the short side. Binance recorded the largest single liquidation, a $98.1M BTC/USDT position closed. Over $1.1 billion in leveraged crypto positions were liquidated within 24 hours, as price movements led to