Michael Saylor has defended Strategy's ability to sell limited amounts of Bitcoin while continuing to expand its BTC treasury, arguing the company should avoid becoming a net seller rather than follow an absolute “never sell” stance.
The current stagnation in South Korea's digital asset market may be nothing more than the "calm before the storm," according to Jeff Park, a researcher at Bitwise.
Strategy has resumed its Bitcoin accumulation with a new $43 million acquisition, which has taken its holdings close to the 820,000 BTC milestone.
Will more older wallets follow?
A historically significant technical pattern is forming on Bitcoin's MVRV ratio chart, while the leading cryptocurrency maintains its position around the critical $82,000 threshold.
Billionaire investor Ray Dalio believes Bitcoins biggest strengthits transparencycould also be the key reason central banks are reluctant to adopt it as a reserve asset. Despite growing interest from corporations and institutional investors, Dalio argued that Bitcoin still lacks critical features needed for widespread sovereign adoption.
Ray Dalio, one of the most influential American billionaires, has taken aim at Bitcoin once again, ruffling the feathers of some of the key voices within the industry.
Ord.io and Zap will shut down on June 1 after funding and user growth fell short, adding pressure to Bitcoin Ordinals and Runes apps.
Bitcoin (BTC) is trading above $80,000 again after recovering from last weeks sharp decline, but analysts say the cryptocurrency market still lacks the strength needed for a decisive breakout. While BTC has gained more than 13% over the past month, market data suggests the rally remains fragile as traders continue to hedge against macroeconomic uncertainty.
Ray Dalio joins the privacy debate, saying Bitcoin's full transparency makes it less likely to be adopted by central banks.
Europe's second-largest Bitcoin treasury company just got a significant cash injection. Capital B, listed on the French stock exchange, has raised 15.2 million euros — roughly $17.8 million — through a private share placement, with notable backing from Blockstream CEO Adam Back and Paris-based asset manager TOBAM.
Bitcoin's correlation with BuildOn could prove to be both a blessing and a risk.