Bitcoin recovers from Strategy's BTC sale, funding rates hit 9%: Are bulls back?
Bitcoin sold off as news of Strategy selling BTC shook investors’ nerve but the quick rebound suggests bulls remain ambitiously positioned. Source:Cointelegraph
Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook
First, it was a tiny amount of bitcoin sales; then, the purchase of several thousand BTC; and finally, today, the unloading of thousands of BTC. What's…
Bitcoin price falls up to 4% on Strategy BTC sale as trader sees Summer 2022 repeat
Bitcoin wiped out much of its latest gains thanks to a market reaction to Strategy's 3,600 BTC selloff, but analysis eyed a potential buy announcement in the…
Bitcoin miner TeraWulf soars on a $19 billion AI data-center lease with Anthropic
The onetime pure bitcoin miner signed a 20year deal to host the AI firm at a Kentucky campus, the latest cryptoadjacent company to trade mining for the…
Cantor says Strategy's recovery hinges on restoring STRC to par
Bringing Strategy's preferred shares back to $100 is key to restarting Strategy's capital engine, the bank said, with repeated management actions expected to…
Michael Saylor's Strategy dramatically ups pace of bitcoin sales, raising $216 million
The company sold 3,588 bitcoin last week to replenish its dollar reserves for dividends on its preferred stock. Source:CoinDesk
SpaceX's Nasdaq 100 inclusion comes with a historical warning
The largest IPO ever enters the Nasdaq 100. Previous additions like Palantir and Strategy saw volatility after the index inclusion rather than the start of new…
Crypto bounces back from the brink as altcoin optimism returns despite pockets of weakness
BTC holds at $62,800 after last week's brush with $58,000, while LIT surges 50% and the Altcoin Season indicator hits its highest reading in three months.…
$60.4K Becomes 'most important area:' Five things to know in Bitcoin this week
Bitcoin saw its highest levels in nearly two weeks at the weekly close, but bulls needed a push beyond $65,000 for real trend inflection, said the latest BTC…
Bitcoin's Sharpe Ratio slides to lowest since 2022. Here's what it means.
A reading that negative means investors would have been better off in riskfree assets like 10year U.S. Treasuries. Source:CoinDesk
FOMC minutes, SpaceX joins Nasdaq 100: Crypto Week Ahead
Your look at what's coming in the week starting July 6. Source:CoinDesk
Live markets: Bitcoin pops to $63,900, then reverses, as week begins
Bitcoin touched $63,882 overnight before retreating to around $62,900, per CoinDesk data. Sunday's high held briefly before sellers pushed it back down.…