Famed short-seller James Chanos, who’s best known for shorting Enron before its implosion in 2007, is calling out Strategy for its modest $51 million Bitcoin purchase and loosening a key safeguard against shareholder dilution. Chanos said the company’s latest Bitcoin purchase points to weak demand for its preferred stock offerings, and accused chairman Michael Saylor
Core Scientific (CORZ) reported weaker-than-expected revenue but topped adjusted EBITDA estimates in its second-quarter 2025 results. Yet the main focus remains its proposed merger with AI cloud provider CoreWeave (CRWV), which is set for a shareholder vote in the fourth quarter, investment bank Jefferies said in a research report Monday. At CoreWeave’s current price of
Protection against price drops in BlackRock’s spot bitcoin BTC$115,288.35 exchange-traded fund (ETF), is now at its priciest since the early April market slide. On Monday, the spread between implied volatilities (IV) for 25-delta puts and 25-delta calls for the iShares Bitcoin Trust ETF (IBIT) rose to 4.4, the widest since April 10, according to data
Bitcoin (BTC) price opened Monday in correction mode after the weekly candle closed as a bearish “inverted hammer.” The price of BTC dropped 3% in the past 24 hours, hitting a low of about $114,740 before rebounding above $115 during the mid-London session. The wider altcoin market followed in the mild correction, thus resulting in
South Korea’s four largest banks—KB Kookmin, Shinhan, Hana, and Woori—are allegedly getting ready to meet Circle to discuss a potential alliance in the stablecoin market. The meeting, which is planned to occur during Tarbert’s visit to Seoul this month, is part of the banks’ efforts to gain access to the stablecoin sector as South Korea
Bitcoin (BTC) whales have been showing different activity in the last couple of days. As spotted by CryptoQuant, these large holders have moved 31,968 BTC that have been dormant for a period of between three and five years. The value of these transactions that hit the chain is approximately $3.78 billion. Dormant Bitcoin movements and
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors dip 3-6% overnight; BTC holds at $115,000 Gemini files to go public with ticker GEMI, timing TBD BTCS
Strategy’s long-running role as a high-beta proxy for Bitcoin is showing signs of strain, as hedge funds increasingly dominate trading and its largest shareholder trims exposure. Summary 10x Research warns Strategy’s $360 support is at risk as hedge funds dominate trading. Vanguard cut its stake by 10%, signaling waning confidence. Bitcoin treasuries are losing appeal
The fascinating world of cryptocurrency often sees surprising players make significant moves. Recently, the Royal Government of Bhutan made headlines with a substantial shift of Bhutan Bitcoin. This action signals ongoing strategic decisions within the Himalayan kingdom’s digital asset portfolio, drawing attention from across the global financial landscape. What’s Behind Bhutan’s Latest Bitcoin Movement? In
Bitcoin’s price held steady at $115,025 on Aug. 18, 2025, with a total market capitalization of $2.29 trillion. Despite the impressive valuation, price action reflected increased volatility within a 24-hour intraday range of $114,706 to $118,514, while trading volume reached $34.93 billion. Bitcoin On the daily chart, bitcoin recently pulled back from a local high