Crypto World News
Crypto World News
Michael Saylor reignited speculation over another Strategy Bitcoin purchase after sharing the company's BTC tracker as its mNAV slipped below 1.0. The development has intensified debate over Strategy's capital-raising model, funding costs, and whether the firm will continue accumulating Bitcoin during the current market downturn.
Strategy's Bitcoin treasury strategy is under renewed scrutiny after Grayscale Research suggested selling more than $3 billion in BTC to reduce future dividend obligations. The proposal has intensified debate over the company's funding model as investors weigh liquidity concerns against its long-term Bitcoin accumulation strategy.
Bitcoin price continues to trade near $60,000 as short-term technical indicators remain weak. However, a rare Power-Law Quantile signal identified by Crypto Patel has historically coincided with major market bottoms, fueling speculation that BTC may be entering another long-term accumulation phase despite ongoing volatility.
Bitcoin held above $60,000 even as U.S. spot Bitcoin ETFs recorded $1.79 billion in weekly outflows, one of the largest since their 2024 launch. While institutional investors continue reducing exposure, BTC has remained resilient, with market participants closely watching ETF flows for clues about the cryptocurrency's next move.
Michael Saylor remains committed to Strategy’s Bitcoin-first approach despite a sharp market downturn and billions in unrealized losses. After adding another 520 BTC, the company now holds more than 847,000 Bitcoin while strengthening its cash reserves and maintaining its long-term accumulation strategy.
Bitcoin remains under pressure after falling 3% in the past 24 hours, with bearish sentiment dominating the market. Despite the weakness, forecasts still point to a possible rebound toward $63,613 by July 1 as traders monitor key support, resistance, and investor sentiment.
Metaplanet shares dropped to a fresh 52-week low despite expanding its Bitcoin treasury to more than 40,000 BTC. The sell-off has renewed concerns over shareholder dilution, valuation, and the sustainability of its aggressive Bitcoin acquisition strategy as the company pursues further expansion.
Tether’s USDT has overtaken Ethereum in fully diluted valuation after continued stablecoin issuance and a sharp decline in ETH’s price. While Ethereum remains ahead by circulating market capitalization, the milestone underscores the expanding influence of stablecoins within the broader digital asset market.
Strategy Inc. is facing fresh legal scrutiny after Rosen Law Firm launched an investigation into potential securities claims. The review comes as Bitcoin weakness, liquidity concerns, and the company’s massive BTC holdings increase pressure on investors monitoring crypto-related corporate treasury strategies.
Former Google engineer Patrick Shyu, known as TechLead, revealed he sold all of his cryptocurrency holdings after suffering significant losses during Bitcoin's recent decline. Despite warning about leverage and liquidity risks, he still believes Bitcoin retains long-term potential.