When Strategy (MSTR) disclosed that it sold 32 bitcoin in May, memories were jogged of the company’s first-ever bitcoin sale in December 2022. Both events generated headlines questioning whether Michael Saylor’s company was backing away from its long-standing bitcoin accumulation strategy. Both prompted scrutiny of the firm’s finances. Both represented extraordinarily rare moments in the
Bitwise recently published a report examining Bitcoin’s performance in May. The report noted that Bitcoin climbed above $80,000 during the month but struggled to maintain that level. After encountering strong resistance between $80,000 and $85,000, Bitcoin fell back toward $72,000 as ETF outflows increased and investor sentiment weakened. Despite the pullback, Bitwise said the overall
Cardano now has its own dedicated section on Token Terminal, the analytics platform that institutional investors and developers use to compare blockchain networks the way stock screeners compare equities. The partnership, announced June 1, brings standardized onchain metrics, custom dashboards, and API access to the Cardano ecosystem. What the partnership actually delivers Token Terminal has
Knots leader Bitcoin Mechanic, aka “GrassFedBitcoin,” was banned from Reddit’s most popular Bitcoin community on Sunday after posting about the contentious BIP-110. BIP-110 attempts to limit non-monetary data on Bitcoin like images, documents, and other inscriptions and, according to moderators, posting about it in the r/Bitcoin subreddit breaks a long-standing rule against promoting protocol changes
Someone in New York is trying to claim ownership of roughly 3.8 million Bitcoin, including wallets believed to belong to Satoshi Nakamoto, by invoking a property law that predates the internet by decades. The estimated value of the claim: approximately $293 billion. The anatomy of a very ambitious lawsuit The case was filed in New
Long-time Bitcoin critic and pro-gold advocate Peter Schiff has continued his social banter against Saylor and his Bitcoin treasury firm, MicroStrategy. Schiff has once again reaffirmed his belief about MicroStrategy’s legal stance, noting that the firm is operating under a Ponzi scheme after he reacted to a viral X post singing praises of MicroStrategy and
Asset manager Bitwise has entered the tokenization market, taking over management of the Bitwise Crypto Carry Fund (USCC), a $259 million fund and the first on-chain product in the structure’s history. Interestingly, $XRP was included in the basket of the fund’s underlying assets on absolutely equal terms with BTC, ETH and SOL. Commenting on the
The crypto market links Bitcoin’s current decline to Middle East tensions and the sale of part of the holdings by Michael Saylor and Strategy. However, Into The Cryptoverse founder Benjamin Cowen is convinced that external factors merely mask mathematical patterns. While critics call the theory of 4-year cycles outdated, the reality of 2026 for Cowen