In the summer of 2020, Michael Saylor — then-CEO of what was, at the time, called MicroStrategy (MSTR) — made a decision that would upend the financial strategy of his publicly-traded company and ripple across corporate boardrooms for years to come. Initially created as a business intelligence software firm, the company now known as Strategy
Continuing with recent patterns, even the most modest of crypto gains were met waves of selling on Thursday, sending bitcoin BTC$92,123.27 back to $88,000 after a rally above $93,000 just hours earlier. The move higher had begun on Wednesday evening in the U.S. after Nvidia (NVDA) calmed jittery markets with an earnings beat and rosy
Key Takeaways MARA Holdings transferred 649 Bitcoin to FalconX and Coinbase Prime. FalconX and Coinbase Prime are institutional-grade trading and custody platforms. MARA Holdings, a publicly listed Bitcoin mining company, transferred 649 Bitcoin to institutional trading platforms FalconX and Coinbase Prime within 24 hours, according to Arkham Intelligence data. The Bitcoin miner also moved over
The crypto market is wrestling with one of its most dramatic sentiment resets since 2022. Bitcoin has slipped below $90,000, retail fear has surged to historic highs, and institutional flows have weakened. But behind the panic, analysts and major investors say the setup for the next leg higher is quietly forming. Austin Arnold: Whale Buying
US-listed DDC Enterprise announced that it has signed a new agreement to make its largest Bitcoin purchase to date. DDC Enterprise Announces Purchase of 300 More Bitcoins The company has entered into a purchase agreement to purchase a total of 300 Bitcoins. This transaction is considered a significant step in DDC Enterprise’s strategic investment plans
A new bill introduced by Ohio congressman Rep. Warren Davidson would allow Americans to pay federal taxes with Bitcoin with the collected BTC then ushered into the United States’ planned Strategic Bitcoin Reserve. The “Bitcoin for America Act” would allow the United States to “diversify its national wealth into a non-inflationary asset that serves as
Tether has invested in Parfin, a London- and Rio de Janeiro-based digital asset platform, to push USDT deeper into Latin America’s institutional market and expand onchain settlement across the region. According to Tether, the investment underscores its push to position USDt (USDT) as an institutional settlement rail for high-value activities, including cross-border payments, real-world asset
Bitcoin (BTC), the leader of the cryptocurrency market, is back on the agenda, experiencing a pullback of approximately 1.8% in the last hour. At the time of writing, the price is trading at $88,793. This rapid decline has once again highlighted the increasing selling pressure and liquidity fluctuations in the market. Chart showing the recent
On-chain data shows that a persistent BTC short seller (0x5D2F) is currently sitting on over $24 million in unrealized profit. The crypto trader has been shorting Bitcoin with a 1,232 BTC short position, worth approximately $113.27 million, for over six months. The trader entered his position when Bitcoin was trading at around $111,499.30 and has