There was a brief period of volatility in the cryptocurrency market on Tuesday night when Strategy (MSTR) chairman Michael Saylor said that his business would sell bitcoin to pay dividends from the STRC instrument. This announcement caused the market to be turbulent. But on Wednesday morning in Europe, after rising by
Raising $2.2 billion for its sixth crypto-focused fund, the crypto-focused branch of venture capital company Andreessen Horowitz is now funding crypto startups. The fifth Crypto Fund, according to a Tuesday blog post by a16z Crypto, will support entrepreneurs that are “turning new infrastructure into products people use every day.” This
In a departure from its long-standing “never sell” Bitcoin policy, Michael Saylor, chairman of Strategy, said that the firm may sell Bitcoin in order to “inoculate” the market against unexpected panic or to strengthen trust in the business. When asked about the strategy’s plans for the first quarter, Saylor said,
Tuesday saw an intraday high of $81,300 for Bitcoin (BTC), a 2.14% increase over the previous 24 hours. The 30-day gain is 21% and the weekly gain is 5% as a result of this. According to statistics from CryptoQuant, long-term holders have acquired more than 330,000 BTC over the last
Launching its USDPT stablecoin on Solana, Western Union has taken its first step toward blockchain-based payments and onchain settlement for its worldwide remittance network. While Western Union has stated its intention to spread the stablecoin to over 40 countries in 2026, one of the crypto infrastructure platforms participating in the
Today, Kresus, a blockchain infrastructure firm and Canton Network implementation partner, announced a partnership to assist businesses and organizations in various sectors in designing, developing, and implementing blockchain applications in real-world settings. The partnership will support them at every stage of the process, from initial integration to full-scale launch. The partnership
Monday, when Asian stocks started trading, Bitcoin soared 2.7% in three hours, surpassing $80,000 for the first time since January 31, 2026. According to CMC data, the Bitcoin surge started at 1:25 am UTC and rose from $78,415 to $80,000 roughly 75 minutes later, then to $80,515 by 4:20 am UTC.
Proof of significant global adoption is the +673% rise in stablecoin active addresses in the last five years. Nevertheless, the analysts at JPMorgan are challenging the notion that an increase in consumption would always lead to a rise in market capitalization. According to JPMorgan’s estimations, stablecoin transactions have reached an accelerated
In anticipation of Tuesday’s first quarter earnings announcement, Strategy—the largest publicly traded Bitcoin holder in the world—has temporarily suspended all cryptocurrency acquisitions. In a post on X, where he often signals intended acquisitions, executive chairman Michael Saylor said “No buys this week” on Sunday. The Tysons Corner, Virginia-based corporation recently
In April, investors withdrew their money from crypto start-ups and early-stage enterprises, causing venture capitalist funding to plummet to a level not seen in almost two years. When compared to March, when 84 rounds of investment totaled $2.6 billion, April’s total of $659 million represents a 74% decline, according to statistics
