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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."
Read full articleLumida Wealth CEO Ram Ahluwalia says Strategy has flipped from bitcoin’s marginal buyer to its marginal seller, while Cryptoquant CEO Ki Young Ju turns Michael Saylor’s famous “sell a kidney” line against him after the firm’s $216 million sale. The Kidney Quote Comes Back Around For years, Michael Saylor’s maxim was the loudest “never sell” […]
Binance's new product may intensify competition in crypto yield strategies, potentially influencing Bitcoin market dynamics and investor behavior. The post Binance introduces covered call yield product for Bitcoin holders appeared first on Crypto Briefing.
Grayscale Research says Strategy’s $216 million bitcoin sale may reduce financing risk and support price stability, pointing to the rebound in STRC as a sign investors are responding positively. A ‘Positive’ Verdict on a Controversial Sale Grayscale Research has offered one of the most upbeat institutional assessments yet of the first large bitcoin sale by […]
In crypto news today (July 7), Bitcoin has surged, sitting comfortably above $63,000 and up +0.7% in the past 24 hours. Liquidations have picked up, with over $532M in positions blown up since yesterday, and interestingly, the split is almost 50/50 between longs and shorts. Yesterday saw a second consecutive day of positive ETF flows.. The post Crypto News Today (July 7): BTC Heading Toward $70K? $20M BONK Hack, and Ripple Gains Full MiCA Compliance appeared first on 99Bitcoins.
Tether has confirmed that USDT will return to Bitcoin as a native asset through the RGB protocol, with the launch expected within weeks after more than eight years of protocol development. According to an exclusive interview published by Bitcoin Magazine,…
Polymarket has been sued in New York after two users alleged the prediction platform wrongly denied payouts on a Strategy Bitcoin market despite the company disclosing a Bitcoin sale in an SEC filing. According to a complaint filed in the…
The RGB protocol's integration of USDT on Bitcoin could enhance transaction efficiency, privacy, and broaden stablecoin adoption. The post Tether brings USDT back to Bitcoin with RGB protocol rollout led by UTEXO appeared first on Crypto Briefing.
