President Trump says China and politics shaped his pro-crypto pivot

Bitcoin rebounded after Strategy sold 3,588 BTC for dividends, while Bitwise CEO Hunter Horsley said the asset “wants to be higher.”

Strategy sold more Bitcoin, but Grayscale believes that the move will "restore confidence in its financing structure" and help BTC "find a more durable bottom."

Three whale wallets opened nearly $149 million in leveraged bitcoin and ether longs as BTC climbed back above $64,000, onchain tracker Lookonchain reported, just a day after Strategy disclosed its $216 million sale. Big Money Leans Long Into the Fear While much of the market was still digesting the first major bitcoin sale by Strategy […]

“Investors are now more confident about the instrument,” said Grayscale’s Zach Pandl regarding STRC, which reclaimed $90 for the first time in three weeks.

The Bitcoin treasury firm Strategy (MSTR) has completed its largest crypto sale to date by divesting 3,588 Bitcoin for $216 million between June 29th and July 5th. The transaction happened under the firm’s newly introduced BTC monetization program designed to support dividend payments. “This framework is designed to strengthen credit quality and enable the Company […] The post Strategy Executes Record $216,000,000 Bitcoin Sale Under New Program appeared first on The Daily Hodl.

Trump’s Bitcoin reserve plan hits legal hurdles as Treasury and Commerce debate control of seized BTC, Bloomberg reported July 6, 2026.

BlackRock's dominance in Bitcoin ETF inflows highlights its market influence, potentially impacting Bitcoin's price dynamics and investor strategies. The post BlackRock’s IBIT leads Bitcoin ETF inflows with $209M on July 6 appeared first on Crypto Briefing.

US President Donald Trump once called Bitcoin “a scam,” but admitted on Monday that he got involved in crypto “a little bit for politics.”