Federal Reserve’s new chair wants to stop telling markets what comes next

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The White House is still figuring out how a Strategic Bitcoin Reserve actually works

The U.S. government's strategic Bitcoin reserve initiative could legitimize Bitcoin as a national asset, influencing global financial systems. The post The White House is still figuring out how a Strategic Bitcoin Reserve actually works appeared first on Crypto Briefing.

Jul 6, 7:31 PM

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Distressed-debt funds negotiate with bankers over Strategy’s preferred shares

The negotiations highlight the potential instability of Bitcoin-backed corporate strategies, prompting a reevaluation of similar financial models. The post Distressed-debt funds negotiate with bankers over Strategy’s preferred shares appeared first on Crypto Briefing.

Jul 6, 7:22 PM

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Analyst: Altcoins Down 80-90% Could Outperform Bitcoin

The analyst argues that many altcoins now resemble Bitcoin's earlier accumulation phases before its biggest rallies.

Jul 6, 6:43 PM

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OranjeBTC buys 8 Bitcoin, increasing total holdings to 3,904 BTC

OranjeBTC's strategic Bitcoin accumulation positions it as a key player in LATAM's crypto market, offering investors unique exposure and potential growth. The post OranjeBTC buys 8 Bitcoin, increasing total holdings to 3,904 BTC appeared first on Crypto Briefing.

Jul 6, 6:42 PM

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Strategy sells bitcoin at a loss to cover preferred stock dividends

Strategy's Bitcoin sale highlights the financial strain of maintaining dividend obligations, impacting market stability and investor confidence. The post Strategy sells bitcoin at a loss to cover preferred stock dividends appeared first on Crypto Briefing.

Jul 6, 6:26 PM

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TeraWulf jumps as $19B Anthropic lease accelerates AI data center expansion

TeraWulf has secured a 20-year lease with Anthropic expected to generate nearly $19 billion in contracted revenue, sending the Bitcoin miner’s stock sharply higher despite weakness across crypto-related equities. AI infrastructure becomes TeraWulf’s biggest growth driver According to a press…

Jul 6, 5:35 PM

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Bitcoin Rebounds Above $63,500 After Strategy’s $216M Sale Triggers $214M in Short Liquidations

Bitcoin nearly reached $64,000 over the weekend before a sharp Monday morning drop dragged it to an intraday low of $61,246. It quickly rebounded back above $63,500, maintaining a nearly 7% gain for early July. Strategy Sparks Debate With $216 Million BTC Sale Bitcoin continued building on its weekend gains after breaching the $63,000 mark […]

Jul 6, 5:34 PM

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Bitmine announces $74M Ether buys as chair says ‘greater chances of Clarity Act passage’

Bitmine's big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday.

Jul 6, 5:27 PM