Michael Saylor’s Strategy Acquires $531M in Bitcoin as Holdings Near 600K BTC
MicroStrategy Adds 4,980 BTC Amid Rising Prices Michael Saylor’s firm, Strategy (commonly known as MicroStrategy), has further expanded its position as the largest public holder of Bitcoin, acquiring 4,980 BTC worth approximately $531.1 million. The announcement, made via a US SEC filing on Monday, comes during a period of renewed
Bitcoin Eyes $120K: Bulls Regain Control as Key Support Holds
After a brief dip below the six-figure mark, Bitcoin (BTC) is showing signs of strength once again. The world’s leading cryptocurrency has gained nearly 6% in the past week, reclaiming momentum and climbing steadily towards its all-time high. While some market participants remain cautious, technical indicators and key support levels
Ethereum Eyes Bullish Reversal as It Holds Above $2.4K
Ethereum (ETH) could be on the verge of a significant rally if it manages to maintain its key support above $2,400. Despite recent market volatility, analysts believe Ethereum is setting the stage for an upside movement in the coming weeks. Here’s a simplified breakdown of the current ETH outlook and
Bitcoin Miners Defy Trends, Hoard BTC Despite All-Time High Prices
In a surprising turn of events, Bitcoin miners, including the earliest “Satoshi-era” participants, are holding tightly to their reserves even as the cryptocurrency reaches fresh all-time highs in 2025. New research from CryptoQuant, a leading on-chain analytics platform, reveals a notable shift in miner behaviour amid falling revenues and challenging
South Korean Banks Plan Won-Pegged Stablecoin Launch by 2026
Eight leading banks in South Korea are collaborating to launch a stablecoin pegged to the Korean won, a move aimed at curbing the dominance of US dollar-backed digital assets and positioning the country at the forefront of global digital finance. The project, supported by both the private sector and regulatory
Bitcoin Holds Firm Above $105K as Fed Rate Cut Hopes and Ceasefire Fuel Bullish Sentiment
Bitcoin Gains Momentum Amid Ceasefire and Fed Comments Bitcoin surged to hold above the $105,000 mark on Monday, June 24, as a confluence of bullish signals ignited renewed optimism in the cryptocurrency market. The leading digital asset rose sharply, preserving most of its 4.4% gains from the previous day, driven
3iQ Launches XRP ETF on Toronto Stock Exchange with Ripple Backing
Zero management fees for the first six months; Global access offered to investors Canadian digital asset manager 3iQ has announced the launch of its new XRP Exchange-Traded Fund (ETF) on the Toronto Stock Exchange (TSX), further expanding its portfolio of crypto investment products. The XRPQ ETF, which began trading this
Strategy’s $1.05B Bitcoin Bet: Bold Vision or Risky Leverage?
Strategy has once again doubled down on Bitcoin, announcing the purchase of an additional 10,100 BTC for $1.05 billion, according to a Form 8-K filing submitted on June 16. This acquisition brings the firm’s total Bitcoin holdings to approximately 592,100 BTC, maintaining its position as the largest publicly traded corporate
Bitcoin Eyes New High Amid US-China Trade Deal Optimism
Bitcoin is inching closer to a new all-time high, fuelled by fresh optimism surrounding a long-anticipated trade agreement between the United States and China. US President Donald Trump announced on Truth Social that the trade deal is “done,” pending final approval with Chinese President Xi Jinping. The proposed agreement signals
Bitcoin Set to Hit $200K Amid Debt and Demand Surge
As the U.S. grapples with a ballooning fiscal deficit and inflationary pressures, Bitcoin (BTC) is emerging as a key safe-haven asset. Bitwise Asset Management, a prominent crypto investment firm, forecasts that BTC could reach $200,000 by the end of 2025, with its fair value estimated around $230,000. Analysts at Bitwise
