Strategy ( MSTR ), the largest publicly traded holder of bitcoin, increased its cash reserve by $747.8 million last week. The company’s “USD Reserve” — calculated as a fund through which Strategy can pay dividends on its preferred stock — now stands at about $2.2 billion. This latest capital raising came entirely via the sale […]
Michael Saylor’s MSTR raises additional cash through stock sale Read More »
APT$1.6328 rose 4.5% to $1.63, although trading activity remained muted, with 24-hour volume falling 29% below its 30-day average, according to CoinDesk Research’s technical analysis model. APT outperformed broader crypto markets. The broader market gauge, the CoinDesk 20 Index, was 2.4% higher at press time. The model showed that the advance occurred without clear fundamental
Aptos (APT) gains 4.5% and outperforms the broader crypto market Read More »
A change to US tax rules enshrined in US President Donald Trump’s One Big Beautiful Bill Act could shift speculative activity towards blockchain-based prediction markets, according to Coinbase Institutional’s Crypto Market Outlook 2026. “Beginning in 2026, a provision in the One Big Beautiful Bill Act … will limit the deduction for gambling losses against winnings,”
BitMine Immersion Technologies (BMNR), the ether treasure company led by Fundstrat’s Thomas Lee, crossed 4 million ether ETH$3,007.74 milestone after acquiring 98,852 tokens last week, according to Monday’s update. The purchase, valued at around $300 million at Monday prices, brings BitMine’s total ETH holdings to 4,066,062 tokens, or 3.37% of the current ETH supply. The
BitMine bought the dip, now owns more than 4 million ETH Read More »
Wall Street brokerage Benchmark said bitcoin miner Hut 8 (HUT) is using last week’s River Bend announcement to cement a shift from a crypto-first electricity owner to an institutional-grade digital infrastructure platform. Analyst Mark Palmer said the structure, counterparties and cash flow quality set HUT’s deal apart from the wave of recent AI data center
Benchmark sees nearly 100% upside on the stock after AI trade Read More »
Cronos (CRO) was also a top performer, up 2.5%.
CoinDesk 20 Performance Update: Uniswap (UNI) up 19% over the weekend Read More »
JPMorgan Chase is considering whether to offer cryptocurrency trading services to institutional clients, Bloomberg reported Friday, citing a person familiar with the matter. The move would make the largest U.S. bank by assets one of the most prominent financial institutions yet to consider entering the crypto trading space for larger clients. According to the report,
JPMorgan Weighs Institutional Crypto Trading Amid Rising Demand Read More »
Bitcoin BTC$89,127.04 and other cryptoassets fell again steadily through the US session on Monday, with BTC slipping below $88,000 after earlier climbing above $90,000 and ETH falling back below $3,000. Some crypto-related stocks are still holding gains, led by Hut 8 (HUT), which continues to rise following its agreement last week for a 15-year AI
BTC gives up early Monday gains and falls back below $88,000 Read More »
CME has lost its place as the number one exchange for bitcoin BTC$87,963.37 futures open interest (OI). Binance has now overtaken CME as the largest venue of OI according to CoinGlass data, with Binance holding around 125,000 BTC ($11.2 billion in nominal value) to CME’s 123,000 BTC ($11 billion). CME OI started the year at
Basis trading relaxation causes Binance to overtake CME Read More »
It’s the digital wealth bubble in reverse, as companies once determined to accumulate crypto on their balance sheets turn to digital asset sales in an attempt to either prop up falling stock prices or reduce outstanding debt. ETHZilla (ETHZ), a Nasdaq-listed company focused on building a reserve of the second largest cryptocurrency, ether ETH$2,990.39late Friday
ETHZills (ETHZ) Sells $74.5M in ETH to Clear Liabilities Read More »
