Today in crypto: Strategy CEO Phong Le says Bitcoin would only be sold if the company’s stock falls and funding options disappear, Nasdaq is aiming to move as possible on its tokenized stocks proposal. Meanwhile, 1.75 million HYPE tokens unlocked on Hyperliquid token generation anniversary. Strategy will sell Bitcoin as ‘last resort’ if mNAV drops, … Read more
So old and crusty are concerns that Tether is either not being upfront about the reserves backing its USDT stablecoin or faces imminent threat of being undercapitalized, that the crypto industry has developed its own two-word dismissive response: “Tether FUD.” Through soaring bull markets, the most brutal of bear markets, the comings and going of … Read more
Ethereum developers are preparing for the network’s second upgrade of 2025 to go live on the blockchain’s mainnet on Wednesday. Fusaka – a blend of the names Fulu + Osaka – consists of two upgrades happening on Ethereum’s consensus and execution layers at the same time. The goal of the upgrade is to enable Ethereum … Read more
SÃO PAULO — A Brazilian fintech firm, Tanssi, is rolling out a government-backed blockchain project that involves microloans for farmers in São Paulo, following the pilot of a local currency in the town of Santo Antônio da Alegria. During an interview with CoinDesk at the Blockchain Conference Brasil in São Paulo, Tanssi’s Director of Business … Read more
Strategy would consider selling Bitcoin only if its stock falls below net asset value and the company loses access to fresh capital, CEO Phong Le said in a recent interview. Le told the What Bitcoin Did show that if Strategy’s multiple to net asset value (mNAV) were to slip under one and financing options dry … Read more
Bitcoin (BTC) failed to reclaim $93,000 despite positive momentum in the US stock market and rising gold prices. With the S&P 500 trading just 1% below its all-time high, traders are evaluating what could spark sustainable bullish momentum for Bitcoin. Key takeaways: Demand for BTC put (sell) options and stagnant ETF inflows kept momentum capped … Read more
Bitcoin (BTC) is repeating its latest bull market bottom with near 100% correlation in 2025. Key points: Bitcoin is tracking the 2022 bear market with concerning accuracy, with the end of the year just a month away. November is among the worst on record for BTC price action. Stocks inflows are picking up, and with … Read more
Bitcoin (BTC) is repeating its latest bull market bottom with near 100% correlation in 2025. Key points: Bitcoin is tracking the 2022 bear market with concerning accuracy, with the end of the year just a month away. November is among the worst on record for BTC price action. Stocks inflows are picking up, and with … Read more
Leading stablecoin issuer Tether has confirmed it’s shutting down its mining operations in Uruguay and is laying off most of its local workforce, after failing to reach an agreement with authorities over energy tariffs. Officials from Uruguay’s Ministry of Labor, according to local media, said Tether reaffirmed its decision during a meeting with the National … Read more
Bitcoin’s rebound is starting to show its first meaningful sign of U.S. bid-side strength in weeks, with the Coinbase Premium Index turning positive after spending nearly a month below zero. The shift comes as BTC hovers around the $91,000 level in Asian morning hours Saturday. The premium — which tracks the price spread between Coinbase … Read more