Bitcoin Short-Term Holder Basis Remains High Within Biggest Supply Cluster

The bullish comments rose after the CLARITY Act progress last week, but that's not always a good thing.

The post Strategy to Repurchase $1.5B in Notes, Says Bitcoin Sales Could Fund Deal – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Strategy agreed to repurchase about $1.5 billion of its 0% convertible notes. Funding options include cash reserves, securities-sale proceeds, and possible bitcoin sales. Cancellation of the notes would reduce outstanding debt after the transaction settles. Strategy Details $1.5 Billion Convertible Note Repurchase Plan On May 15, Strategy Inc. (Nasdaq: MSTR) announced on X that it had entered privately negotiated agreements to repurchase about $1.5 billion principal amount of its 0% Convertible Senior Notes due 2029. The company also filed a Form 8-K with the Securities and Exchange Commission (SEC), estimating the cash repurchase price at about $1.38 billion. The final cash amount will partly reflect Strategy’s Class A common stock trading price during an agreed measurement period. Selected noteholders joined the transactions, which are e

Strategy plans to repurchase about $1.5 billion of convertible notes, with the final price tied partly to its stock performance. The filing also lists bitcoin sales as a possible funding source, renewing focus on its treasury strategy. Strategy Details $1.5 Billion Convertible Note Repurchase Plan On May 15, Strategy Inc. (Nasdaq: MSTR) announced on X […]

Santiment warned that the crypto market “typically” moves against crowd expectations, pointing to a recent rise in bullish sentiment driven by renewed momentum around the US CLARITY Act.

The post Bitcoin Optimism Climbs As CLARITY Act Advances In U.S. Senate Committee appeared on BitcoinEthereumNews.com. Bitcoin Optimism Climbs As CLARITY Act Advances In U.S. Senate Committee Skip to content Home Crypto News Bitcoin Optimism Climbs as CLARITY Act Advances in U.S. Senate Committee Source: https://bitcoinworld.co.in/bitcoin-optimism-clarity-act-senate-committee/

The post Is Zcash The Next Bitcoin? Investors Rush Into The Privacy Coin Narrative appeared on BitcoinEthereumNews.com. They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later). Christian then roamed the

Arthur Hayes has a new favorite coin — and it is not Bitcoin. The veteran crypto investor recently revealed that Zcash has become one of his largest crypto holdings outside of Bitcoin, a disclosure that has drawn fresh attention to a cryptocurrency that many had written off. Related Reading: Bitcoin Faces Major Test As 37% Recovery Collides With Bear Resistance Hayes said that as artificial intelligence, governments, and major tech firms gain more capacity to analyze public blockchain data, the demand for financial privacy will rise. Zcash, according to him, is designed for exactly that. His view is not an isolated one. Barry Silbert, a known personality in the crypto investment circles, described Zcash as resembling Bitcoin during its infancy — specifically around 2013, when BTC was still a fringe asset before its first major wave of mainstream adoption. That comparison has resonated with a group of early Bitcoin aficionados who feel the original crypto has drifted from its roots. Art

The post BlackRock Moves $140M In Bitcoin Off Coinbase, Signaling Long-Term Hold appeared on BitcoinEthereumNews.com. BlackRock Moves $140M In Bitcoin Off Coinbase, Signaling Long-Term Hold Skip to content Home Crypto News BlackRock Moves $140M in Bitcoin Off Coinbase, Signaling Long-Term Hold Source: https://bitcoinworld.co.in/blackrock-bitcoin-withdrawal-coinbase-140-million/