Michael Saylor is back at it: MicroStrategy added another 1,550 BTC to its treasury for about $101 million, even while the company remains deep in the red on paper from its massive Bitcoin bet. 1,550 BTC added for roughly $101 million Average price: $65,332 per BTC Total holdings: 845,256 BTC Estimated paper loss: around $12 […]
Read Full Article
China Banned Bitcoin, But Prosecutors Still Say It Can Be Protected Property China keeps trying to shut Bitcoin out of its financial system, but its courts are still being forced to admit the obvious: if something has value and can be stolen, the law has to deal with it. China’s Supreme People’s Procuratorate published a […]
Read Full Article
The UK’s Financial Conduct Authority is proposing a modest but meaningful loosening of its crypto rules: investment funds could be allowed to put up to 10% of their assets into crypto exchange-traded notes, or ETNs. 10% allocation cap for investment funds Crypto ETNs only, not direct bitcoin custody More institutional access to bitcoin and crypto […]
Read Full Article
Bitcoin developers are no longer treating quantum computing like a theoretical boogeyman for some far-off decade. With BIP-360 and BIP-361, the network is now preparing for a future where today’s signature schemes may not be good enough. BIP-360 introduces Bitcoin’s first quantum-resistant address type. BIP-361 pushes vulnerable coins to migrate before a deadline, with old […]
Read Full Article
Strategy has approved a new dividend rhythm for its STRC preferred stock, moving payouts from monthly to twice a month as the company tries to make the security more liquid, more appealing, and less prone to trading like a caffeinated roller coaster. The change lands while STRC trades below par, Strategy keeps stacking Bitcoin, and […]
Read Full Article
Galaxy Digital has trimmed its outlook for the CLARITY Act, warning that the Senate may simply run out of time to push crypto’s key market structure bill across the finish line. Odds cut to 60% July is the critical window August recess could stall momentum Ethics and illicit finance are still unresolved 60 Senate votes […]
Read Full Article
Senator Cynthia Lummis is pushing hard for the Digital Asset Market Clarity Act, and she’s not pretending the stakes are small. Her warning is simple: Congress may have a short window to pass meaningful U.S. crypto market structure legislation before the political winds shift and the whole thing gets shoved into a legislative freezer until […]
Read Full Article
Strategy added another 1,550 Bitcoin to its balance sheet for $101 million, while also offloading 32 BTC in the same period. Net result: the company is still buying, still stacking, and still behaving like Bitcoin is the reserve asset it wants it to be. Strategy buys 1,550 Bitcoin for $101 million after offloading 32 coins […]
Read Full Article
Strive Asset Management is taking aim at one of the biggest reasons Bitcoin still feels clunky in the U.S.: capital gains tax on ordinary payments. CEO Matt Cole says scrapping that tax could help Bitcoin work more like money and less like a speculative asset that gets dragged through a compliance swamp every time someone […]
Read Full Article
A Chinese court has upheld a Bitcoin theft conviction that turns a seed phrase into a brutally simple lesson: if someone gets the words, they can get the coins. In this case, a man memorized a wallet recovery phrase, stole 107 BTC, and was sentenced to more than 10 years in prison. 107 BTC stolen […]
Read Full Article