Strategy Conducts Largest Bitcoin Sale, Unloading $216 Million Amid Market Pressure
Strategy liquidated $216 million in Bitcoin, marking its biggest sale to date as the company seeks to bolster cash reserves during a challenging crypto market.
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Crypto & Fintech
MicroStrategy Sells Over 3,500 Bitcoin to Finance STRC Dividend Payments
MicroStrategy liquidated 3,588 Bitcoin worth $216 million to support dividends for its digital credit securities, impacting its stock amid ongoing Bitcoin losses.
Crypto & Fintech
Strategy Sells $216 Million in Bitcoin to Support Dividend Payments and Cash Reserves
Strategy liquidated 3,588 BTC for $216 million to fund preferred stock dividends and maintain cash reserves, reducing its Bitcoin holdings amid steady accumulation plans.
Crypto & Fintech
Brazil’s Crypto Trade Group Rejects Central Bank’s 24-Hour Stablecoin Transfer Delay Proposal
ABcripto argues Brazil’s Central Bank proposal to impose a 24-hour hold on stablecoin transfers would hinder market liquidity without delivering equivalent regulatory benefits.
Crypto & Fintech
Dormant Bitcoin Worth Nearly $2 Million Moves After 15 Years Amid New York Lawsuit
A Bitcoin address untouched for nearly 15 years recently transferred 30 BTC as a New York lawsuit challenges ownership rights over dormant cryptocurrency holdings.
Crypto & Fintech
South Korea to Enforce Civil Seizure Laws on Cryptocurrency Starting October
South Korea will implement new civil seizure regulations for crypto assets from October 1, enabling courts to attach virtual currencies in debt recovery and civil disputes.
Crypto & Fintech
Bitcoin Eyes Crucial Support Zone Amid Growing Optimism and Market Caution
Bitcoin holds near two-week highs as traders monitor a key $60,000 support zone alongside easing panic and strong retail risk appetite in the crypto market.
Crypto & Fintech
India’s Central Bank Seeks to Shield Banks from Crypto While Russia Prepares Digital Ruble Launch
India’s central bank pushes to limit bank involvement in crypto amid regulatory caution, as Russia confirms a near-term debut of its digital ruble.
Crypto & Fintech
Binance Leads New Funding Round to Value Crypto Payments Firm Mesh at $2 Billion
Crypto payments company Mesh aims for a $2 billion valuation in a new funding round led by Binance as digital asset transfer demand surges globally.
Crypto & Fintech
Bitcoin Dominates Market Interest as Altcoin Season Remains Unconfirmed
Despite signals of altcoins outperforming Bitcoin, traders’ focus on Bitcoin’s higher open interest suggests the altcoin rally has yet to fully begin.
Crypto & Fintech
Busan Bank Advances Korean Won Stablecoin Pilot on Public Blockchain Network
Busan Bank completed a pilot for Korean won stablecoin payments on Kaia Chain, testing blockchain infrastructure for digital fiat transactions beyond private ledgers.
Crypto & Fintech
Solana Signals Bullish Turn as Market Eyes $90 Resistance Break
Solana’s market structure shifted with a fresh buy signal after months of decline, sparking renewed optimism for a potential rally toward $90 amidst sustained buyer interest.