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.
Bitcoin has shown strength by closing three consecutive weeks with gains, maintaining support above $61,360. This consolidation suggests a critical juncture as it approaches a key resistance level at $68,000. The positive momentum comes amid a coolin...
Bitcoin and Ethereum experienced net inflows of approximately $216 million and $77 million respectively, indicating strong investor interest. In contrast, USD Coin (USDC) saw a significant net outflow of about $236 million, the largest among stableco...
Bitcoin's quantum discount has reached a record 30% due to delayed security upgrades against quantum computing threats, causing a significant undervaluation. XRP's 30-day MVRV indicator turned positive, signaling trader profits and a potential reboun...
Bitcoin surged past $66,000 following news that the US Clarity Act, which aims to clarify cryptocurrency regulations, is closer to becoming law. The legislation would distinguish cryptocurrencies as commodities or securities, providing clearer rules ...
Bitcoin surged to over $66,000, its highest in more than a month, driven by optimism that the US Clarity Act, a major crypto market regulation bill, will pass before next April. The bill aims to divide crypto oversight between the SEC and CFTC, openi...
