Bitcoin News

Bitcoin News

Markets

All eyes on Strategy's June 30 ex-dividend date and monthly STRC dividend rate reset

Investors are watching the preferred stock's ex-dividend date and monthly dividend rate reset closely.

Strategy's Michael Saylor (CoinDesk)

Finance

Grant Cardone says he will keep buying bitcoin using real estate cash flows

The real estate investor pitched his model as a treasury company backed by cash-flowing property rather than stock sales, framing the slide in bitcoin as a chance to accumulate.

Grant Cardone. (CoinDesk)

Markets

Too big to fail: Strategy’s $13 billion bitcoin paper loss alone dwarfs hundreds of prominent tokens

Strategy’s paper loss exceeds the market caps of hundreds of tokens, highlighting the extreme concentration of risk in the crypto market right now.

Strategy Executive Chairman Michael Saylor (CoinDesk)

Markets

Strategy has a 10-month cash runway for dividends, but retail investors are losing faith

STRC was marketed as a low volatility income product designed to trade near $100, and its sharp decline has undermined investor trust.

Strategy Executive Chairman Michael Saylor (CoinDesk)

Markets

Quant fund says bitcoin is near a major inflection point as rare onchain signals align

Hyperion Decimus' Chris Sullivan said four historically reliable indicators have aligned, leaving bitcoin one move away from confirming a major turning point.

Options show a striking divergence in sentiment for major tokens. (Bankrx/Shutterstock)

Markets

Bitcoin tumbles to new multi-year low of $58,000, but a short-squeeze setup emerges

Derivatives markets signal that betting on further slide in prices is getting overcrowded, setting up for a potential snapback.

CoinDesk

Markets

Bitcoin likely to fall another 30% to $44,000 by year-end, prominent BTC miner says

An early miner says Strategy's stock mNAV has fallen to 0.72, near the level that marked the last cycle's turn, and that bitcoin historically bottoms about six months after that signal.

Screenshot of a candle chart going down.  (Maxim Hopman/Unsplash)

Markets

Bitcoin supply in loss reaches record high 10.83 million BTC

Almost 11 million bitcoin are now held at a loss, while long-term holders control a record 14.8 million coins.

Total Supply in Loss (Glassnode)

Markets

Micron delivers blowout earnings, surges 16% and deals crypto bulls a blow

Micron Technology surged after blockbuster earnings and strong guidance, lifting AI memory stocks.

Memory chips (dujin yun/Pixabay)