Grayscale defends Strategy’s Bitcoin sale with unexpected bullish case
Grayscale Research has argued that Strategy’s recent $216 million Bitcoin sale has improved the company’s financial position while helping create conditions for a more stable...
Tag : Bitcoin
Bitcoin bulls battle for $63K as Micron stock eyes 10% drop in US chip sell-off
Bitcoin (BTC) circled $63,000 after Tuesday’s Wall Street open as chip companies led a dip in US stocks. Key points: Bitcoin attempts to hold $63,000...
Bitcoin nears cycle bottom as over half of supply is held at a loss, says K33
The growing Bitcoin supply held at a loss suggests that the crypto market is nearing its cycle bottom, according to digital asset brokerage company K33....
Has Bitcoin bottomed for this cycle? Analysts say 'not yet'
Bitcoin is trading in a market that’s getting harder to define. Hovering around $64,000 at the time of writing, Bitcoin is down by almost 50%...
Traders Sue Polymarket Over 'No' Ruling on Strategy Bitcoin Sale
In brief Two traders sued Polymarket in New York, alleging it wrongly resolved a market on whether Strategy would sell Bitcoin by May 31 as...
Digital Chamber amicus brief urges dismissal of NY lawsuit over 39,069 Bitcoin wallets
Blockchain trade association the Digital Chamber filed an amicus brief in the New York lost property case seeking ownership of thousands of dormant Bitcoin addresses. ...
Battle of the Bitcoin Reserve: Treasury-Commerce Department Infighting Delays Trump Crypto Plan
Bitcoin News: More than 16 months after President Trump signed the executive order establishing a Strategic Bitcoin Reserve, the U.S. government has not formally designated...
Strategy’s Bitcoin sale may give BTC a ‘durable bottom,’ Grayscale says
Strategy’s $216 million Bitcoin sale on Monday should be seen as a positive development for the price of Bitcoin and as a move that renews...
Bitcoin bulls shake off Strategy's $216M BTC sale as price overtakes $64K
Bitcoin (BTC) fell from nearly $64,000 on Sunday to about $62,000 on Monday, and the primary trigger behind the move appeared to be a SEC...
Trump-backed American Bitcoin hits 8,000 BTC as ABTC stock rebounds
American Bitcoin Corp. said its Bitcoin reserve has moved above 8,000 BTC after its latest treasury update. Summary American Bitcoin adds 500 BTC, growing its...