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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin continues to struggle to reclaim the $70,000 level as volatility persists across the cryptocurrency market. After several attempts to recover from recent declines, price action remains fragile, reflecting a market environment where investors are still adjusting to shifting macro conditions and weakening momentum. As Bitcoin trades near the mid-$60,000 range, on-chain indicators suggest that selling pressure from short-term participants remains a key factor influencing the market structure. According to analysis shared by on-chain analyst Axel Adler, recent data shows that short-term holders are continuing to realize…
Led by Executive Chairman Michael Saylor, Strategy (MSTR) made a massive bitcoin purchase last week.The leading bitcoin treasury company added 17,994 bitcoin to its holdings for a total cost of $1.28 billion, or $70,946 per coin. The company stack now stands at 738,731 BTC acquired for $56.04 billion, or $75,862 per coin.Bitcoin is currently trading just below $68,000.Last week’s buys were mostly funded via $900 million in sales of common stock. The company also sold $377 million of its STRC preferred series of stock, according to a Monday morning filing.MSTR shares are higher by 0.2% in pre-market trading.#Strategy #MSTR #added…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the Bitcoin price decline has left the majority of treasury companies in a state of loss, with 65% sitting more than 20% below cost basis. Over 77% Of Bitcoin Treasury Firms Are Underwater On Their Buys As pointed out by Capriole Investments founder Charles Edwards in a new post on X, a high amount of Bitcoin treasury companies are sitting on losses at the moment. Treasury companies refer to firms that keep BTC on their balance sheet as a reserve asset. Companies of this type…
After years of opposition to crypto mixers, the onchain services that obfuscate digital asset transactions, the U.S. Treasury Department now says they may have legitimate privacy uses as well as their much-trumpeted criminal applications.In a report related to the implementation of the Genius Act, the Treasury acknowledged that mixing services can serve lawful purposes on public blockchains. These include shielding personal finances, business transactions and charitable donations from being publicly traceable. The department noted that privacy tools can coexist with compliance when properly designed, for example, through record-keeping or other safeguards.“As consumers increase their use of digital assets for payments,…
South Korean cryptocurrency exchange Bithumb has received a preliminary notice of sanctions that could lead to a six-month partial business suspension, local media reports.The notice came from the Financial Services Commission’s Financial Intelligence Unit (FIU), which oversees anti-money laundering compliance for crypto firms under the Act on Reporting and Using Specified Financial Transaction Information.Regulators said Bithumb continued transactions with overseas virtual asset businesses that were not registered in South Korea and failed to properly enforce certain Know Your Customer procedures. The FIU proposed a six-month partial suspension and disciplinary action against the exchange’s chief executive.The restriction would apply only to…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Shiba Inu (SHIB) whale activity has intensified as major token holders shift their assets away from centralized exchanges (CEXs). Exchange reserves have plummeted to record lows, while the SHIB burn rate has accelerated dramatically, suggesting these investors may be preparing for significant market movements. These developments raise the question of whether the whales are positioning ahead of a potential market rebound or simply taking advantage of price declines to accumulate. Shiba Inu Whales Execute Massive Exchange Withdrawals Shiba Inu has experienced a dramatic shift in whale behavior,…
If the crypto industry manages its top priority to get its market structure legislation through the U.S. Senate and to the desk of President Donald Trump, he might not sign it if he holds true to threats he’s been making to withhold his signature from any other legislation before the elections bill.Trump, in the midst of managing a U.S. war with Iran, has spent significant attention on the SAVE America Act, which he’s declared his top priority in Congress. The proposed legislation would be designed to impose new hurdles for U.S. voting, including identification requirements, proof-of-citizenship demands and strict limits…
Tech investor Imran Khan says cryptocurrency does not play a meaningful role in his AI investment strategy, arguing the asset class operates on a fundamentally different thesis than the AI-driven productivity boom.Despite the growing narrative that AI and crypto will converge, Khan said he largely views them as separate investment themes.“Crypto is a different animal,” he said in an interview. “When it comes to AI, you are investing for productivity and economic growth.” That difference means crypto rarely fits the framework his firm uses, which focuses on businesses that benefit from structural technology shifts.Khan is the founder and chair of…
Bitcoin’s rally back to the mid-$73,000 region did not last long as the leading cryptocurrency’s price action reversed as the week came to a close and fell back around $67,000 after momentarily regaining momentum last week, pulling Ethereum down with it till the ETH price also lost the $2,000 price level. However, the pullback of these leading cryptocurrencies is the product of a few forces colliding at once: a war nobody fully priced in and institutions quietly heading for the exits. Here is what happened. Spot Bitcoin ETFs: From Boosting Rally To Draining Liquidity One of the clearest reasons for…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple, a crypto payments company has found itself at the center of fresh speculation once again after a large XRP transfer surfaced on-chain, catching the attention of market watchers and community members. The scale of the transfer and the fact that it was made outside Ripple’s established monthly escrow schedule have prompted questions across the crypto space, with analysts flagging the movement as “suspicious.” Ripple’s $260 Million XRP Transfer Raises Suspicions A significant transfer by Ripple drew the attention of crypto analysts and market watchers last week…