Tag: Digital

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Strategy Boosts Dollar Reserve After Bitcoin Sale

Strategy, which holds the largest corporate Bitcoin treasury, sold BTC for the second week in a row to repurchase its STRC preferred stock.The...

Strategy sells 1,690 bitcoin, raises $653 million from MSTR shares

Bitcoin treasury firm Strategy (MSTR) had raised $108.6 million last week through the sale of 1,690 bitcoin and an additional $653.1 million from...

Hedge funds abandon structural shorts to bet on a bitcoin rally

Hedge funds trading bitcoin BTC$64,931.10 futures on the Chicago Mercantile Exchange have turned net long, according to Ki Young Ju, CEO of blockchain...

U.S. Markets Brace for Inflation Data, Fed Pressure, and AI Earnings This Week

TLDR July CPI data arrives Wednesday, with economists expecting a 0.2% rise in overall and core inflation The White House is considering removing Fed...

PYTH rallies on bullish sentiment – But there’s a silent risk brewing

Pyth Network has held firmly on the green side of the market, with the asset surging by a double-digit percentage, a shift...

MGT issued 1.65 billion shares as mining revenue fell to zero

MGT issued about 1.65 billion shares by Aug. 6 as the inactive Bitcoin miner with no operating business reported no revenue for the...

Grayscale’s XRP Trust Bleeds $180M: Redemptions Force Sales

Grayscale’s XRP Trust just revealed it offloaded...

Bitcoin ‘Anti-Spam’ Fork Sputters to a Halt After Mining Just Two Blocks

In brief Supporters of BIP-110 split off into a minority Bitcoin chain on Saturday at block 961,632, but it mined only two blocks in...