Strategy (MSTR), the largest publicly traded Bitcoin holder, increased its cash reserve by $747.8 million last week. The company’s “USD reserve” – intended as a fund through which Strategy can pay dividends on its preferred shares – now stands at around $2.2 billion. This latest capital increase was accomplished entirely through the sale of the […]
Michael Saylor’s MSTR Raises Additional Cash Through Stock Sale Read More »
APTE$1.6245 gained 4.5% to $1.63 even as trading activity remained subdued, with 24-hour volume falling 29% below its 30-day average, according to CoinDesk Research’s technical analysis model. APT has outperformed the broader crypto markets. The broader market index, the CoinDesk 20 Index, was up 2.4% at press time. The model showed that the advance occurred
Aptos (APT) gains 4.5%, outpacing the broader crypto market Read More »
A change to U.S. tax rules contained in U.S. President Donald Trump’s One Big Beautiful Bill Act could shift speculative activity toward blockchain-based prediction markets, according to Coinbase Institutional’s 2026 Crypto Market Outlook. “Starting in 2026, a provision of the One Big Beautiful Bill Act…will limit the deduction of gambling losses from winnings,” David Duong,
BitMine Immersion Technologies (BMNR), the ether treasury company led by Thomas Lee of Fundstrat, has crossed the 4 million ether mark ETH$3,005.95 milestone after acquiring 98,852 tokens last week, according to its Monday update. The purchase, valued at approximately $300 million at Monday’s prices, brings BitMine’s total ETH holdings to 4,066,062 tokens, or 3.37% of
BitMine bought back the dip and now owns over 4 million ETH Read More »
Wall Street broker Benchmark said Bitcoin miner Hut 8 (HUT) was using last week’s River Bend announcement to solidify the company’s move from a crypto-focused energy owner to an institutional-grade digital infrastructure platform. Analyst Mark Palmer said the structure, considerations and quality of cash flows set HUT’s deal apart from the spate of recent AI
Benchmark sees nearly 100% rise in stocks after AI deal Read More »
Cronos (CRO) was also a top performer, up 2.5%.
CoinDesk 20 Performance Update: Uniswap (UNI) Up 19% Over the Weekend Read More »
JPMorgan Chase is considering whether to offer cryptocurrency trading services to institutional clients, Bloomberg reported Friday, citing a person familiar with the matter. The move would make the largest U.S. bank by assets one of the most significant financial institutions yet to consider entering the crypto trading space for major clients. According to the report,
JPMorgan Evaluates Cryptocurrency Trading for Institutions Amid Growing Demand Read More »
Bitcoin BTC$89,127.04 and other crypto assets fell steadily again during Monday’s US session, with BTC sliding below $88,000 after climbing above $90,000 and ETH falling back below $3,000. Some crypto-related stocks are still holding on to gains, led by Hut 8 (HUT), which continues to rise after last week agreeing a 15-year lease for an
BTC gives up Monday gains and falls back below $88,000 Read More »
CME lost its place as the leading bitcoin exchange BTC$87,963.37 open interest (OI) futures contracts. Binance has now overtaken CME as the largest OI site according to CoinGlass data, with Binance holding approximately 125,000 BTC ($11.2 billion in notional value) compared to CME’s 123,000 BTC ($11 billion). CME OI started the year at 175,000 BTC,
Basis Trading Unwind Sees Binance Surpass CME Read More »
A bipartisan duo in the U.S. House of Representatives is circulating a bill that would streamline tax rules for investors, traders and developers by spelling out how they would handle reporting their taxes on staking, low-value transactions and wash sales. Reps. Max Miller of Ohio and Steven Horsford of Nevada unveiled the Digital Asset Protection,
Parity Act Would Exempt Small Crypto Purchases, Apply Wash Sale Rules Read More »
