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Why Crypto Bled and Bounced

A 32 BTC sale, a Zcash scare, a hot jobs report, and a flush that wiped billions. Then Saylor bought the dip.

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Strategy, the bitcoin-hoarding firm founded by Michael Saylor, said it sold 32 bitcoin last week for roughly $2.5 million, marking its first sale since the depths of the crypto winter in late 2022

Bitcoin-hoarding firm says it sold the cryptocurrency to fund distributions on preferred stock on.wsj.com/3Ry2JEu

on.wsj.com·1mo ago

Crypto treasuries turn to risky equity in drive to raise cash

Companies that stock up on crypto assets are following Michael Saylor’s Strategy into so-called digital credit

ft.com·1mo ago

Crypto Market Plunges 6.32% as Liquidation-Driven Sell-Off Triggers Extreme Fear

Sharp crypto sell-off driven by liquidation & high volatility. Bitcoin down 7.06%, Ethereum 7.82%. See market overview & key trends.

cryptobuyingtips.com·1mo ago

Bitcoin Price Tops $64,000 – Analysts Eye $65K Breakout, $67K Short Squeeze

More than $215 million in leveraged crypto positions were liquidated over the last 24 hours, with short sellers accounting for the majority

Asianet Newsable·21h ago

Michael Saylor Reflects on Strategy's Bitcoin Recovery From 2022 Market Crash to 846,842 BTC Holdings

Strategy’s bitcoin position has swelled to 846,842 BTC after surviving a dramatic 2022 crypto market downturn that put its balance sheet and

news.bitcoin.com·20d ago

Bitcoin, Ether extend relief rallies as extreme fear meets renewed ETF buying

Bitcoin and Ether bounced off multi-year lows as dip buyers finally stepped in, and the spot BTC ETFs saw a $221 million inflow on July 2.

Cointelegraph·7d ago

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