Bitcoin surged above $81,000 amid a global risk-on rally fueled by easing Iran tensions and AI optimism. Strategy, the largest corporate bitcoin holder with 818,334 BTC, signaled it may sell some bitcoin to fund $1.5 billion in annual dividend obligations, causing its shares to drop over 4% after hours. This would mark the first time Strategy sells bitcoin, shifting from its usual buy-and-hold approach. Despite a $12.54 billion Q1 loss due to bitcoin's price decline, the company plans to sell bitcoin rather than issue more debt or equity to cover dividends, signaling a strategic shift in funding.
Sui (SUI) cryptocurrency fell 8.76% over the past week, pressured by upcoming token unlocks totaling 13.72 million tokens on August 1, which may increase supply and selling pressure. The market shows short-term bearish sentiment with declining open i...
Crypto analyst Kevin Capital suggests Bitcoin could fall to $44,000 but recommends starting gradual purchases now rather than waiting for the exact bottom. He notes Bitcoin is in a typical bear-market bottoming phase from July to October and has alre...
Ethereum's price strength against Bitcoin has hit its highest level in three months, signaling a possible uptrend. Analysts highlight a breakout above key resistance levels and bullish chart patterns suggesting further gains. Short-term targets near ...
Bitcoin whales have increased their accumulation to the highest level seen in five months, according to onchain data from CryptoQuant. This surge indicates a significant divergence in behavior among large holders, which could impact market dynamics. ...
Bitcoin remained stable around $65,000 even as AI-related tech stocks, including Nvidia, fell sharply. Analysts say the upcoming Federal Reserve decision and key economic data will be critical in determining whether Bitcoin breaks above $67,300 to st...
