Strategy, led by Michael Saylor, reported a rise in Bitcoin holdings to nearly 846,000 BTC and efforts to stabilize its preferred stock STRC near its $100 par value despite market difficulties. The company reduced convertible debt to $6.7 billion and increased USD reserves, implementing measures like higher dividends and share buybacks to support STRC's price. Market sentiment remains cautious, with a 33% chance of STRC hitting $100 by year-end and only 15.5% by September, reflecting uncertainty about short-term recovery. Future financial updates and Bitcoin market changes will be key to influencing STRC's price outlook.
Bitcoin dropped 1.3% to around $63,870 and Ethereum fell 1.4% to about $1,890 as crypto markets faced pressure at July's end. This decline contrasts with gains in traditional markets like South Korea's Kospi and U.S. stock futures. Bearish signals fr...
Bitcoin gained about 10% in July, consistent with relief rallies seen in previous midterm election years like 2018 and 2022. Crypto analyst Benjamin Cowen warns that this rally may be temporary, with a potential pullback expected in August or Septemb...
Bitcoin ended July 2026 with nearly a 10% gain, briefly surpassing $65,000, but historical data and technical analysis warn of a significant price drop in August. Historically, August has been Bitcoin's worst month during its four-year macroeconomic ...
Bitcoin and Ethereum are flashing bearish signals as analysts warn that if key support levels fail, Bitcoin could drop to $60,000 and Ethereum to $1,686. Bitcoin recently fell below important moving averages after a large hardware wallet drain, with ...
As July ends, Bitcoin options data shows a shift toward bearish bets for August, with $60,000 put options leading at $1.17 billion open interest. This contrasts with earlier bullish bets on $70,000 and $72,000 call options that lost popularity after ...
