Michael Saylor clarified that the reported $5 billion bitcoin sale authorization by Strategy Inc. is not new but part of an existing capital-management framework announced in June. The framework allows bitcoin sales for specific corporate purposes but does not require any sales, aiming to balance bitcoin holdings with funding needs. Recent sales funded dividends and rebuilt cash reserves, with no immediate plans for large-scale bitcoin selling. The program provides flexibility to avoid forced sales during financial pressure, and Strategy expects to remain a net bitcoin buyer over time.
Solana (SOL) is trading near $73, facing resistance around $74.9-$75.8 as on-chain activity and trading volumes decline, signaling uncertainty. Despite challenges, institutional participation grows with MoneyGram joining as a validator and governance...
Shiba Inu's exchange netflow has plummeted by over 97%, with more than 226 billion SHIB tokens flowing back to exchanges, indicating increased sell pressure. This bearish signal contrasts with the recent price rally, where SHIB surged over 7% in a da...
Lido (LDO) saw its total value locked (TVL) fall by $414 million to $17.573 billion, continuing a 30-day pattern of fluctuations amid broader crypto market weakness. Despite the drop, daily inflows averaged $104.74 million over the past month, indica...
The Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) offers weekly distributions but limits gains by selling covered calls on the Nasdaq-100. It charges a high 0.95% fee compared to 0.20% for a plain Nasdaq-100 ETF like QQQ, which can erode long...
Pi Network's cryptocurrency, Pi Coin, has gained about 7% in the past week as node operators face an August 11 deadline to install Protocol v26 or risk disconnection. This upgrade improves smart contract security and interoperability, renewing intere...
