Michael Saylor’s Bitcoin treasury company, Strategy, has acquired 6,220 BTC for $739.8 million, according to a U.S. SEC Form 8-K filing. The firm made the purchase between July 14 and 20 at an average price of $118,940 per coin. This brings Strategy’s total Bitcoin holdings to 607,770 BTC, worth approximately
With $4.4 billion inflows, crypto funds set a new weekly record, as Ether ETP gains of $6.2 billion surpassed totals for 2024. Crypto investment products had record-breaking inflows last week, continuing a streak of rises that now stands at fourteen weeks. Surging ETP Demand According to CoinShares’ report on Monday, global exchange-traded
While requiring thorough comprehensive suitability, the Thai securities regulator is looking for public feedback on proposed new regulations that would make knowledge testing easier for cryptocurrency investors. Investors who have already passed the proposed initial coin offering laws will be able to skip the recurrent knowledge test. This is according
The UK is reportedly eyeing the sale of over 5 billion British pounds ($6.7 billion) worth of seized Bitcoin. In order to help fill a deficit in the country’s budget. The Home Office and the head of the country’s Treasury, Rachel Reeves, are working with law enforcement to sell off
It is still too soon to say if the easing of Bitcoin’s hold on the $4 trillion cryptocurrency market will result in a prolonged period of momentum for altcoins, according to experts in the industry. Altcoin Rally Gains Momentum Several analysts believe that a so-called altcoin season cannot begin unless
As Bitcoin reached new highs this week, sentiment platform Santiment found that almost half of all crypto-related conversations on social media were about it. This dominance might indicate a local peak and a possible short-term downturn. Santiment analyst Brian Quinlivan stated in a report on Wednesday that there was an
Michael Saylor recently hinted that he is planning to buy Bitcoin soon by posting the Strategy (formerly MicroStrategy) portfolio tracker. In an effort to maintain its recent purchasing momentum, the company’s holdings had surpassed a key milestone in the last week. Following the founder’s hint to an impending acquisition, Michael
Coinciding with Bitcoin’s price surpassing $123,000, 58 Bitcoin treasury updates were reported between July 14 and 19, as 21 corporations contributed almost $810 million in BTC to their corporate treasuries. Four new treasuries, 17 announcements of future treasuries, 11 intentions to raise Bitcoin, and five additional disclosures were also part
An initial public offering (IPO) has been filed in the US by Bullish, a cryptocurrency exchange that is controlled by Bullish Global. Using the ticker symbol “BLSH,” the Cayman Islands-based company intends to list its ordinary shares on the NYSE. Q1 2025 loss despite strong 2024 performance According to a
Bitcoin (BTC) fell 2% today as altcoins saw a retreat after a massive gain, and the crypto market as a whole sold off the news of the historic laws’ passage. On Friday, three “Crypto bills,” also known as the CLARITY Act and the anti-CBDC Act, were signed into law by
