Strategy faces calls for $4B Bitcoin sale
Strategy faces pressure over its STRC preferred stock after Arca Chief Investment Officer Jeff Dorman suggested the company may need to sell between US$3 billion and US$4 billion of Bitcoin (CRYPTO:BTC).
Strategy faces pressure over its STRC preferred stock after Arca Chief Investment Officer Jeff Dorman suggested the company may need to sell between US$3 billion and US$4 billion of Bitcoin (CRYPTO:BTC).
Coinbase Global Chief Executive Brian Armstrong said he remains long Bitcoin (CRYPTO:BTC) and expects the cryptocurrency to trade at much higher levels by 2030.
Bitcoin (CRYPTO:BTC) has rebounded from a June selloff but remains about 15% below Glassnode’s True Market Mean of US$77,200.
Ripple (CRYPTO:XRP) said its Swell 2026 conference will be held in New York from Oct. 27-29 and is expected to attract more than 1,500 attendees.
Ledn announced plans to add Tether Gold (CRYPTO:XAUT) as eligible collateral for loans later this year, allowing clients to borrow against tokenised gold holdings without selling the asset.
XRP (CRYPTO:XRP) fell nearly 5% to an intraday low of US$1.16 after a broader cryptocurrency selloff followed the Federal Reserve's decision to maintain interest rates at 3.50%-3.75%.
Lite Strategy invested US$1 million in ZK Innovations, the developer of Litecoin (CRYPTO:LTC) Layer-2 platform LitVM.
Public Bitcoin (CRYPTO:BTC) mining companies are estimated to require roughly US$50 billion in funding to support planned artificial intelligence infrastructure projects.
Wealthsimple will launch a standalone prediction markets application this summer, giving Canadian investors access to approximately 4,000 event-based contracts through a partnership with Kalshi.
Malta’s financial regulator has opened a public consultation on a proposed legal framework for decentralised finance that would recognise decentralised autonomous organisations.
Uniswap (CRYPTO:UNI) recorded a four-month high in active addresses and a seven-month high in whale transactions after Standard Chartered published a US$100 price forecast for the token.
Capital B approved shareholder resolutions authorising up to €105 billion in financing capacity to fund additional Bitcoin (CRYPTO:BTC) purchases and expand its treasury strategy.