Strategy Drops $740 Million on Bitcoin, Now Holds Over 600,000 BTC
Strategy just made another huge Bitcoin move. According to a July 21 SEC filing, the company spent $739.8 million to buy 6,220 BTC, paying an average of $118,940 per coin. That brings its total holdings to 607,770 BTC. The average buy-in across all purchases sits at $71,756, putting the...
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Sequans Adds 1,264 Bitcoin To Balance Sheet Amid Growing Corporate Interest
Sequans Communications, a France-based fabless semiconductor firm, today announced the purchase of 1,264 Bitcoin (BTC) for a total of $150 million, averaging $118,659 per BTC. This latest acquisition brings the company’s total BTC holdings to 2,317 BTC. Sequans Expands Bitcoin Holdings With 1,264 BTC Purchase In an announcement made...
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Illegal crypto ATM network busted in UK, two under investigation
U.K. authorities have arrested two individuals and seized multiple crypto ATMs in connection with an investigation into an unregistered cryptocurrency exchange and suspected financial crime. According to a statement from the UK Financial Conduct Authority (FCA), the operation was carried…...
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Kaito unveils Capital Launchpad for community-based web3 fundraising
Kaito, the AI-powered crypto data platform, has announced the launch of its Capital Launchpad, a new community-oriented crowdfunding platform set to go live later this week. According to a July 21 post on X, Capital Launchpad is designed to connect…...
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Ethereum Buying Pressure Surges Amid New Treasury Wave and ETF Inflows
The pace of Ethereum inflows to spot exchange-traded funds is picking up momentum while new treasury companies stashing the asset are announced almost daily. This will put immense buying pressure on Ethereum over the next 12 to 18 months, said Framework Ventures co-founder Vance Spencer on Tuesday. “Mid-eleven figures...
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Polymarket to resume U.S. operations following $112M acquisition of QCEX exchange
Polymarket is returning to the U.S. after closing a $112 million acquisition of QCEX, a derivatives exchange and clearinghouse licensed by the Commodity Futures Trading Commission. The deal, announced July 21, grants Polymarket access to a fully regulated path back…...
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Eric Trump mocks Ethereum bears after ETH bounces 35% from his call
Eric Trump’s Ethereum success highlights the unpredictable nature of crypto markets and the potential for significant rebounds amid volatility. The post Eric Trump mocks Ethereum bears after ETH bounces 35% from his call appeared first on Crypto Briefing....
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Sell Ethereum Now? Peter Schiff Says ‘Great Time’ To Do So, Explains Why Investors Should Buy Bitcoin With Proceeds Instead
Economist Peter Schiff suggested Monday that Ethereum (CRYPTO: ETH) holders should consider selling their holdings and buying Bitcoin (CRYPTO: BTC) instead. What Happened: Schiff took to X to comment on the current state of the cryptocurrency market. “Ether is back near the upper end of its trading range again. If you...
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Crypto Graveyard Grows: Coinbase Says $3.4B In ETH Is Irrecoverable
Ethereum is seeing a growing chunk of its coins slip out of reach. According to Coinbase head of product, Conor Grogan, 913,111 ETH—about 0.76 % of the nearly 121 million coins in circulation—are now locked away by user blunder or software bugs. Coinbase disclosed that the stash alone is worth more than...
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‘Banksters Are Out To Kill Crypto,’ Tyler Winklevoss Slams JPMorgan
The debate over who should control—and pay for—access to US consumers’ banking data turned acrimonious after Gemini co‑founder Tyler Winklevoss claimed that JPMorgan Chase & Co. is “trying to kill fintech and crypto companies.” In an extended X thread posted late Sunday, Winklevoss charged that the nation’s largest bank wants “to take...
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