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.
Cryptocurrency prices are fluctuating with Bitcoin rising by 1.38% to $63,574 and Ethereum increasing by 0.51% to $1,786. Other coins show mixed results, with some like AAVE and DEXE seeing significant gains, while others like ADA and ZEC experience ...
Bitcoin fell nearly 4% after the tech company Strategy sold 3,588 BTC to fund dividend payments and boost cash reserves, causing immediate market volatility. Analysts are divided on Bitcoin's future: some see a repeat of the 2022 summer downturn, whi...
Bitcoin surged nearly 7% in the week ending July 5, marking its strongest weekly gain since March 2026. This rebound is largely driven by declining US inflation expectations, with the inflation breakeven rate falling below the Federal Reserve's 2% ta...
Solana's price remained above a crucial support level despite a slight dip, supported by $5.75 million in net inflows into U.S.-listed spot Solana ETFs, contrasting with outflows from Bitcoin and Ethereum funds. Solana ranked second in global spot tr...
Ethereum is gaining attention as BitMine, an Ethereum treasury company, continues to accumulate and stake ETH, now holding about 4.8% of Ethereum's total supply. Meanwhile, Michael Saylor's Strategy sold some Bitcoin to fund dividends, challenging th...
