Michael Saylor's strategy sells Bitcoin
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Bitcoin traders are still reeling from a 50% price crash since October, with the cryptocurrency finding a floor near $60,000. Market sentiment is currently low, and U.S. spot Bitcoin ETFs experienced a record eighth consecutive negative week,
Strike launches volatility-proof Bitcoin loans with a $2B credit facility. STRC hitting $100 by December 31 at 54.5% YES.
Shares of American Bitcoin, a bitcoin mining and treasury company backed by Eric Trump and Donald Trump Jr., dropped more than 15% Tuesday after implementing a reverse stock split. The shares plummeted as much as 19% this morning before reversing some losses.
Much of the bitcoin mining industry has expanded into AI infrastructure over the past couple of years, and now one miner’s AI pivot is paying off massively via an Anthropic deal involving datacenter capacity coming online by 2028 and potentially generating $19 billion in revenue.
Polymarket has enabled instant self-custodial Bitcoin deposits via the Lightning Network using Spark. Polymarket, the crypto-native prediction market, has begun supporting instant Bitcoin deposits over the Lightning Network. The feature uses infrastructure from Spark, a Bitcoin protocol built for payments and stablecoins.
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Can Trump save Bitcoin?
The president says he has "saved" crypto, but some believe he could do more to halt Bitcoin's ongoing decline.
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Tether invests $20 million in Brazil's Mercado Bitcoin
Tether announced earlier today, July 7, that it will put $20 million into a growth financing round for Mercado Bitcoin, a Brazilian firm. The company began as an exchange in 2013, and then grew into a regulated on-chain finance platform serving 4.
Bitcoin has recorded an average of 673,822 transactions per day, marking the highest sustained activity level in the cryptocurrency’s 17-year history. This represents nearly double the transaction volume seen a year ago,
A bitcoin miner ETF has quietly outrun the most famous corporate bitcoin holder on the market this year, and it did so without owning a single share of that company. The CoinShares Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) is up 47.
The Arkansas Securities Department is alerting consumers that a bitcoin company that operated kiosks in the Natural State has filed for bankruptcy and ceased operations.
Following weeks of community pushback over a proposed bitcoin mining facility, the Somerville Town Council voted to approve an 18-month moratorium on data centers within city limits.
This next bull cycle will be driven by the same factors as always, but with a major new risk on the radar.
