Browsing Category
Crypto News
Vaneck: Saylor’s Strategy Sold $135 Million in Bitcoin Without Tapping Its $1.25 Billion…
Vaneck Head of Digital Assets Research Matthew Sigel says the roughly $135 million in bitcoin Strategy sold last week did not draw down the company’s $1.25 billion BTC Monetization Program, leaving that capacity fully intact. On Strategy’s…
Saylor: Bitcoin Needs Just 3.3% Annual Growth for Strategy to Fund STRC Dividends ‘Indefinitely’
Strategy Inc. (Nasdaq: MSTR) executive chairman Michael Saylor says bitcoin only needs to appreciate faster than 3.3% a year for the company’s capital gains to fund its STRC dividends indefinitely, calling the metric behind that math one of…
Terawulf and Anthropic Sign 20-Year AI Data Center Lease Worth $19 Billion
Terawulf has signed a 20-year AI infrastructure lease with Anthropic, expected to generate about $19 billion in contracted revenue. Terawulf Advances AI Strategy With Anthropic Lease and Texas Asset Sale Terawulf is reshaping its data…
Pro-Crypto Nigel Farage Quits MP Seat and Vows By-Election Fight Following Controversy Over Latest…
Reform UK leader Nigel Farage has resigned his seat as MP for Clacton, triggering a local by-election that he immediately intends to contest. Preempting the Watchdog Nigel Farage, leader of Reform UK and a prominent opposition figure, has…
Sunsetting YGG Play: Yield Guild Games Lays off 35 in Major Shift Away From Crypto Game Publishing
Yield Guild Games blamed the events of 10/10, one of the largest crypto crashes ever, for the bear market that ultimately led to the sunset of this business unit. YGG reported that 35 people will be laid off and that it will not pivot to…
Whales Open $148 Million in Leveraged Longs as Bitcoin Reclaims $64K After Strategy’s 3,588 BTC Sale
Three whale wallets opened nearly $149 million in leveraged bitcoin and ether longs as BTC climbed back above $64,000, onchain tracker Lookonchain reported, just a day after Strategy disclosed its $216 million sale. Big Money Leans Long…
Trader Turns $2 Million of ETH Into $14,208 as Lighter Token Rallies 53%
A crypto trader swapped 1,126.44 ETH worth $2.01 million for just 5,776 LIT valued at $14,208 on Sunday, wiping out nearly $2 million in a single onchain transaction. The blunder landed as Lighter’s token entered Coingecko’s top trending…
CLARITY Act Misses Trump’s July 4 Target as Window to Pass Shrinks to 25 Days
The Digital Asset Market Clarity Act was not signed into law by Independence Day as the White House had targeted, leaving roughly three working weeks between the Senate’s July 13 return and the Aug. 7 recess to pass the crypto industry’s…
Bitcoin Reclaims $63K as ETF Inflows Return and a Short Squeeze Clears the Bears
Bitcoin printed $63,835 today after reclaiming $63,000 for the first time in two weeks, as U.S. spot ETF inflows returned and a squeeze on bearish traders reversed most of the market’s late-June damage. Trading Higher Bitcoin traded as high…
Vanadi Coffee’s Bitcoin Pivot Soured by Exorbitant Board Fees and Shareholder Revolt
Vallecid, a tourism conglomerate that owns nearly 10% of Vanadi’s shares, has filed a petition to renew the board of directors and to monitor the fees some of its members collect each time a financial transaction is executed, which can…