Bitcoin traders blamed Saylor’s 32 BTC sale but larger selling pressure bui…
In recent developments, bitcoin traders have identified Michael Saylor as a new suspect in the latest sell-off, while the numbers tell a different story. Strategy disclosed in a June 1…
Analyst Says Strategy’s BTC Sale Is Not Bearish Despite Rising Bitcoin Fear
In recent developments, strategy’s 32 BTC sale is not triggering widespread selling pressure, according to an analysis shared by Cryptoquant, but weakening profit indicators suggest investor confidence is fading as…
Saylor Breaks Silence After Strategy’s Bitcoin Sale
In recent developments, michael Saylor broke his silence after the market learned of Strategy’s 32 BTC sale and its $2.5 million in proceeds. His focus on STRC raised fresh questions…
NYDIG suggests $1.3B IBIT sale was whale exiting directional trade
In recent developments, nYDIG’s Greg Cipolaro says a sale below market price and giving up millions of dollars for immediate execution indicates a large directional holder exited a trade on…
$1.3B Worth of BlackRock’s IBIT Changes Hands in Dark Pool Sale
In recent developments, a $1.3 billion off-exchange IBIT block sale shook Bitcoin Tuesday, but experts say the real test is yet to come. The development has drawn attention from traders…
Strategy’s Bitcoin Sale Comment Puts Treasury Risk in Focus
In recent developments, strategy’s potential BTC sale has sharpened debate over its bitcoin treasury model after a roughly $12.5 billion quarterly net loss. The company holds 818,869 bitcoin, worth about…
Congress proposes removal of widely used Bitcoin tax loophole and giving it t…
In recent developments, congress has introduced the Digital Asset PARITY Act, a bipartisan discussion draft introduced by Reps. Steven Horsford and Max Miller, who would rewrite Section 1091 to cover…
WLD Slides To New Lows As World Foundation Offloads $65M
In recent developments, a massive token unlock scheduled for late July could make things worse. Thailand authorities raided an iris-scanning site tied to Sam Altman’s World project last October. That…
GameStop moves entire Bitcoin stash, signaling potential sale: CryptoQuant
In recent developments, a full sale at current prices would imply about a $76 million loss on GameStop’s Bitcoin bet, having purchased its 4,710 Bitcoin at an average purchasing price…
Bitfarms exits Latam with $30M facility sale
In recent developments, the company’s energy operations will become “100% North American” following the sale of the Paraguayan site. The development has drawn attention from traders and analysts who are…
