Strategy boosts cash reserve with $748M share sale
Strategy has strengthened its cash position through a $748 million share sale while temporarily halting Bitcoin purchases amid ongoing weakness in crypto markets.
Strategy has strengthened its cash position through a $748 million share sale while temporarily halting Bitcoin purchases amid ongoing weakness in crypto markets.
Arizona Senator Wendy Rogers has proposed new legislation and a constitutional amendment that could exempt crypto and blockchain activity from taxation, pending voter approval.
Bitcoin edged closer to $90,000 even as Strategy’s major share sale diluted investors, with analysts split over whether the move signals stress or long-term balance sheet strength.
US regulators have charged several alleged crypto trading platforms and investment clubs over a $14 million social media scam that targeted retail investors with fake AI-driven trading schemes and non-existent token offerings.
Venezuela is reportedly settling close to 80% of its crude oil export revenues using cryptocurrencies, primarily the USDT stablecoin, as traditional payment channels remain constrained by international sanctions.
Digital asset investment products posted their first weekly outflows in four weeks, shedding a combined $952 million.
Cryptocurrency mining has emerged as one of several factors underpinning the recent strength of the Russian ruble, according to comments from the country’s central bank leadership.
Galaxy Digital has projected that bitcoin (CRYPTO:BTC) could climb to $250,000 by the end of 2027, representing a potential rise of about 179% from current price levels.
Indonesia’s Financial Services Authority has released an official whitelist naming 29 licensed digital asset and cryptocurrency trading platforms permitted to operate legally in the country.
Bitcoin (CRYPTO:BTC) is trading close to the $90,000 resistance level on Monday, fuelling cautious optimism of a short-term recovery after recent price weakness.
Brazil’s B3 plans to launch a stablecoin in 2026 as new details emerge around Libra’s launch and Nubank weighs a bank acquisition amid tightening regulation.
IMF COFER data shows central banks largely maintained US dollar reserves in Q2 2025, challenging dedollarization narratives often cited as bullish for Bitcoin.