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As Bitcoin falls below the $60,000 mark, 21Shares said that its prediction that BTC breaks the historical four-year cycle hasn't come true.
Read full articleMarkets split sharply on Wednesday as lower oil prices eased inflation fears, but pressure on technology stocks, crypto assets and precious metals kept investors focused on risk. By midday June 24, the Dow Jones Industrial Average traded near 51,828, up about 163 points, while the S&P 500 slipped 0.11% to roughly 7,357. The Nasdaq Composite […]
Strategy's structure runs on Bitcoin, MSTR common stock, and STRC preferred, and right now all three are weakening at once.
Bitcoin Long-Term Holders Pause Selling As Extreme Fear Takes Over TL;DR Bitcoin sentiment has fallen into extreme fear, but on-chain selling from l
The break below $100 puts MSTR at a discount to its roughly $50 billion in Bitcoin and shifts the question from how much more Bitcoin Strategy can buy to which slice of its capital stack — the common stock, the preferreds, the debt or the coins themselves — is still worth owning, according to
The reopening of the Strait of Hormuz could stabilize global oil markets, while Iran's Bitcoin acceptance highlights crypto's geopolitical role. The post China urges swift reopening of Strait of Hormuz as Iran reportedly accepted Bitcoin for transit fees appeared first on Crypto Briefing.
The shift from USDT to BTC on Binance indicates growing investor confidence, but it risks potential losses if Bitcoin prices decline. The post Binance USDT holdings surpass BTC holdings as stablecoin balances shift appeared first on Crypto Briefing.
STRC fell even lower Wednesday while MSTR bleeds. CryptoQuant says that Strategy needs to stop buying Bitcoin and start stacking cash.
On June 24, bitcoin fell 5% in 24 hours to a new year-to-date low of $59,018. This marks a nearly 10% drop over the week and a 30%+ decline since the start of the year. Bitcoin Hits New YTD Low Below $60K Bitcoin dipped below $60,000 on June 24 amid a marketwide sell-off that saw […]
