Strategy’s Bitcoin Stash Nears 630K BTC After Latest Buy

Michael Saylor, Strategy’s co-founder, former CEO, and bitcoin champion, announced the latest acquisition on X earlier today. With it, the company’s stash has grown to almost 630,000 BTC valued at over $72 billion at today’s prices. Strategy has acquired 430 BTC for ~$51.4 million at ~$119,666 per bitcoin and...
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Bitcoin in Precarious Position as BTC Price Penetrates Bullish Trendline

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin (BTC) remains susceptible to further downside, having lost over 7% since hitting record highs above $124,000 on Thursday. Bullish momentum fading The weekly chart (candlestick format) shows that BTC’s ongoing decline follows repeated bull...
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Crypto Exchange ByBit Introduces 10x Spot Margin Trading in Europe

Bybit, the world’s second-largest cryptocurrency exchange by volume, has introduced spot margin trading for European users of the platform at up to 10x leverage, compliant with the region’s Markets in Crypto Assets (MiCA) regime. The service, announced on Monday, allows users of Austria-based Bybit EU, to borrow funds against...
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Jackson Hole Weighs on Digital Assets: Crypto Daybook Americas

By Omkar Godbole (All times ET unless indicated otherwise) There’s a note of caution seeping into crypto markets, with bitcoin (BTC) sliding under $115,000 and ether (ETH) falling to $4,220 ahead of Fed Chairman Jerome Powell’s speech at the Jackson Hole Symposium later this week. The CoinDesk 20 Index,...
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Web3 Sports Gamers Prefer Quick Wins Over Full Matches, Says Sweet’s Tom Mizzone

Arcade-style sports games are proving more effective than traditional sports simulations at retaining users in the Web3 space, according to Tom Mizzone, CEO of Sweet. Speaking about engagement trends, Mizzone said the short, repeatable gameplay loops of arcade titles make them particularly suited for blockchain-based ecosystems where daily activity...
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