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The post Surprising Developments in Bitcoin Purchases Shake Market Dynamics appeared on BitcoinEthereumNews.com. A remarkable increase in market activity has been reported by BitcoinQuant, revealing that Strategy Company recently acquired 11,707 units of Bitcoin. This major acquisition was facilitated through their at-the-market (ATM) offering, which allows the firm to issue new shares specifically for raising capital to buy Bitcoin. Continue Reading:Surprising Developments in Bitcoin Purchases Shake Market Dynamics Source: https://en.bitcoinhaber.net/surprising-developments-in-bitcoin-purchases-shake-market-dynamics
Read full articleMicroStrategy's potential Bitcoin sale to manage debt highlights strategic financial maneuvering, impacting market perceptions and future strategies. The post Strategy may sell Bitcoin to fund $1.5B convertible note buyback appeared first on Crypto Briefing.
A concise glossary explainer of Satoshi Nakamoto, how the pseudonym shaped Bitcoin, and why traders and investors should care. The post Satoshi Nakamoto: Bitcoin’s Pseudonymous Creator Explained appeared first on BiteMyCoin.
Strategy's potential Bitcoin sale for debt buyback highlights the complex interplay between cryptocurrency reserves and corporate financial strategies. The post Strategy may sell Bitcoin to fund $1.5 billion convertible note buyback appeared first on Crypto Briefing.
Strategy said it may fund the transactions using cash reserves, share sales, and possibly Bitcoin sales.
Analysts point to profit-taking, not panic, with ETF outflows at their worst pace since February as 10-year Treasury yield soars.
Dune’s CEO announced Thursday that the crypto data company is cutting a quarter of its staff as part of a broader push to build out data tools for institutional investors — a segment the company sees as a major growth opportunity as more traditional financial assets move onto blockchain networks. Related Reading: Bitcoin Slump Forces […]
XRP became the most traded asset on South Korea’s Upbit exchange in the last seven days, pulling in $110 million in 24-hour volume and outpacing both top cryptos Bitcoin and Ethereum. The surge came alongside the biggest inflows into US XRP exchange-traded funds in four months, even as Bitcoin and Ethereum funds saw money flowing out. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High CME And NASDAQ Signal Growing Institutional Interest CME Group and NASDAQ announced they will launch crypto index futures on June 8, covering Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, and Stellar Lumens in a single contract. The move points to growing institutional infrastructure being built around regulated digital assets. XRP itself climbed 4% in 24 hours to almost $1.5, while Bitcoin traded at $81,450 and Ethereum sat at $2,287. The price action followed Thursday’s markup vote on the CLARITY Act, a proposed federal law that is driving fresh optimism across payment-
The post Thorchain Exploited? Trading Paused Amid Risk of Enormous Attack appeared on BitcoinEthereumNews.com. DeFi security is in trouble Guidelines for users Cross-chain DeFi protocol THORChain has suspended trading, following what appears to be a significant multi-chain exploit that may have depleted over $10 million in cryptocurrency assets. Suspicious withdrawals involving Bitcoin, Ethereum, BNB Chain, and Base-linked assets have been reported by security researchers and on-chain investigators such as PeckShield. Early tracking data indicates that the attackers allegedly took about 36.75 BTC, or about $3 million, along with an additional $7 million in assets that were bridged across several chains. Both Bitcoin and Ethereum-compatible networks’ publicly known wallet addresses were linked to the stolen funds. Following the incident, THORChain stopped trading, probably to avoid further liquidity drains or cascading exploits across linked pools. Because THORChain serves as essential
