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 is losing a lot of money on bitcoin. Here’s why it’s selling anyway.
Strategy sold more than 3,000 bitcoins to raise cash to pay dividends on its preferred stock — something Executive Chair Michael Saylor had previously said it…
Bitmine announces $74M Ether buys as chair says ‘greater chances of Clarity Act passage’
Bitmine's big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday.…
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…
Strategy sells 3,588 Bitcoin for $216M to fund dividends, keeps $2.55B reserve intact
Strategy sold $216 million in Bitcoin to fund its dividend payments, as wealth manager Bernstein maintained its yearend Bitcoin price target of $150,000.…
Bitmine added another $74 million in ether as Tom Lee bets on Clarity Act boost
The secondlargest digital asset treasury increased its buying pace, while Strategy sold a chunk of its bitcoin holdings. Source：CoinDesk
$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…
Dormant $1.9M Bitcoin tied to New York lawsuit moves after nearly 15 years
A Bitcoin address dormant for nearly 15 years moved $1.9 million in BTC as a New York lawsuit seeks ownership of thousands of inactive holdings.…
Ether leads crypto's hold above key levels as bitcoin steadies over $63,000
A stalling rebound in AI and chip stocks and a stronger dollar kept the mood cautious as the second half gets underway. Source：CoinDesk
Bitcoin nears $63.5K into weekly close as trader warns of 'terrible' Monday
Bitcoin reached its highest levels in nearly a fortnight over the weekend, but BTC price action faced an "absolutely terrible" Monday track record.…
Bollinger Bands creator eyes Bitcoin bear-market end, 'W'-shaped reversal
Bitcoin price strength could "break" the entire downtrend if the reversal pattern completed, John Bollinger suggested in light of the BTC rebound.…