In an investor Q&A session moderated by Natalie Brunell, Strategy Founder Michael Saylor and CEO Phong Le made important statements about the company’s balance sheet strategy, stock dynamics, and Bitcoin’s place in the global financial ecosystem. Saylor described Bitcoin as the main “capital” in the digital world, stating that the company is building its future
Bitcoin’s price surpassing the $65,000 level triggered liquidations in highly leveraged short positions. According to on-chain data, a large whale holding approximately $117 million worth of Bitcoin short positions had $23.36 million of those positions forced to close during the surge. It was reported that the whale in question continues to hold a short position
Bitcoin has become unusually quiet, and traders who make their living from its violent price swings are increasingly looking somewhere else for action. After a cycle that began with a Trump-fueled surge and a wave of corporate treasury buying that pushed the price toward record highs, the market is now somewhere far less exciting, trapped
Ripple Prime, Ripple’s non bank prime brokerage, has closed an upsized $275 million private placement of senior unsecured notes to support the expansion of its US business. Advertisement The offering attracted institutional investors across major financial markets, according to Ripple. Proceeds will support working capital and general corporate purposes as Ripple Prime expands its clearing,
Arthur Hayes is stepping back into an operating role with Flop Labs, a new crypto project focused on the FLOP token and building an AI-powered agentic economy. The BitMEX co-founder announced the project in a post on X on Tuesday, saying that FLOP would be “food” for AI agents and calling on users to help
Hong Kong’s newest regulated stablecoin is already being put to work. HashKey Exchange, Hong Kong’s largest cryptocurrency exchange, is set to settle cross-border trade transactions with the UAE and the wider Middle East region using HKDAP following the stablecoin’s debut six days ago. The total cross-border trade transactions between Hong Kong and the UAE were
U.S. President Donald Trump has provided an update on the U.S.-Iran war, stating that there are no ongoing talks with Iran. He also claimed that the Strait of Hormuz is open and operating despite Iran’s counterclaim. Bitcoin is up today even as uncertainty remains over the Hormuz Strait, with oil prices edging higher.
Crypto companies raised $1.36B across 41 VC rounds in July. Investment fell only 6.8% from June, but round count dropped 28%, and one $400M strategic round supplied almost a third of the total. Key Takeaways $1.36B was invested across 41 VC rounds. Investment slipped 6.8% from June, while round count fell 28.1% to a 12-month
Etched is already eyeing a fresh funding round that will more than double the AI inference chips startup’s valuation at around $21 billion, barely one month after its late July Sequoia-led $300 million Series C round that valued the firm at $10.3 billion. The new numbers cited in the Wall Street Journal’s August 18 report