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Markets

Michael Saylor's Strategy Adds $18M of Bitcoin on Five-Year Anniversary of First Purchase

Five years after going all-in on bitcoin, Strategy’s aggressive treasury strategy delivers outsized gains and reshapes corporate bitcoin adoption.

Michael Saylor, executive chairman of MicroStrategy (Michael.com)

Markets

Ether Soars Above $4K for First Time Since December

At the same time, bitcoin is seeing flattish price action, pushing the ETH/BTC ratio to nearly its highest level of the year.

Nasa rocket (CoinDesk Archives)

Markets

Crypto Carnage Continues Even as Gold, Bonds Surge on Soft U.S. Jobs Data

Bitcoin and stocks are at session lows late in U.S. afternoon trade on Friday.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

Markets

U.S. Added Just 73K Jobs in July, Unemployment Rate Rose to 4.2%

In addition to the weak July number, June's and May's originally reported strong job growth were revised sharply lower.

The U.S. government released its latest jobs figures Friday (David McNew/Getty Images)

Markets

Bitcoin Tumbles Below $116K as Jerome Powell Delivers Hawkish Remarks

The Fed Chair appeared as dug in as ever to his insistence that the central bank stands firmly in blocking the Trump tariffs from igniting inflation.

Federal Reserve Chair Jerome Powell testifies before the House Financial Services Committee

Policy

Donald Trump’s ‘Golden Age of Crypto’ Takes Shape With White House Working Group Report

A preview of a White House report on digital assets makes further recommendations to areas already in motion within the Clarity Act to oversee crypto markets and the GENIUS Act for stablecoins.

Donald Trump (Nikhilesh De/CoinDesk)

Markets

SEC Approves In-Kind Redemptions for All Spot Bitcoin and Ethereum ETFs

The decision allows authorized participants to create and redeem ETF shares directly in BTC or ETH, rather than having to use cash.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

Finance

Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds

The firm days ago sold nearly $2.5 billion of its new preferred series, dubbed STRC or "stretch," and quickly deployed the funds into BTC.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Policy

Trump Signs GENIUS Act Into Law, Elevating First Major Crypto Effort to Become Policy

President Donald Trump made it official during a White House ceremony, affixing a signature to the stablecoin regulation bill before a crowd of crypto insiders.

President Trump at GENIUS bill signing (Nik De/CoinDesk)

News Analysis

Dems Stall Stablecoin Bill, Jeopardizing More Important Crypto Regulation Bill

The Senate's stablecoin bill's issues may delay work on the far more important market structure legislation.

U.S. President Donald Trump speaks at the Digital Asset Summit in New York City. (Nikhilesh De)