Michael Saylor, the CEO of Strategy, has hit back against recent criticisms regarding his company's decision to sell $200M worth of BTC. Saylor, known for his Bitcoin maximalist philosophy, was accused of hypocrisy because he has long advocated against selling Bitcoin.
Trump Media's Bitcoin holdings get skinnier by the day, but claims the latest $165M move is pure maintenance.
Mining and energy infrastructure company TeraWulf reported that its high-performance computing (HPC) leasing revenue grew 52% quarter-over-quarter to reach $31.9 million.
Bitcoin's potential death cross could signal market volatility, while Zcash's recovery highlights resilience and the importance of trust. Bitcoin tests market patience as Zcash offers renewed hope.
Will Bitcoin breakout of its death cross? Can Zcash continue to make holders forget about that mid-June crash?
Bitcoin held firmly above $64,000 despite intraday swings between $63,900 and $64,706. The modest price gains triggered heavy losses for short sellers, driving $148 million in short liquidations out of $216 million across the total crypto market.
Bitcoin continues trading between $62,000 and $65,000 despite several attempts to break below support, showing that buyers continue to absorb selling pressure while overall spot market liquidity remains limited. According to Bitfinex Alpha, the market's reaction to selling events matters more than the events themselves.
An increasing number of miners have been letting go of their Bitcoin holdings to fund a pivot into AI data centers, and just a few days into August, more Bitcoin has been sold for the same purpose. Cipher Digital (NASDAQ: CIFR) and Hyperscale Data (NYSEAMERICAN: GPUS) are the latest miners to sell Bitcoin.
Bitcoin held near $64,000 as spot ETFs drew $211.5 million Tuesday while analysts flag bottom signals forming without a demand engine.
Bitcoin holdings rose 0.10%, while effective common shares increased 0.13% and trimmed gross per-share exposure by about 0.03%.
Gold gained 4.4%, adding roughly $1.3 trillion in market value, while Bitcoin remained near $64K. Here is why crypto failed to follow.
Bitcoin has entered the national-security debate again as the Pentagon drafts a nuclear strategy centered on potential regional conflicts with China or Russia.