Bitcoin selling pressure fades as long-term holders dig in despite prices hovering around the recent all-time high. The pace of profit-taking by veteran Bitcoin (BTC) holders has cooled off in August as they resist selling, signaling a shift in market dynamics after a record-breaking July. Data shared by on-chain analytics...
BNB Hits New High, Meme Stocks Soar, ETH ETFs See Inflows: Binance Report
BNB sets record high and ETH ETFs see $3.9B in inflows as meme stocks roar back, reviving risk-on appetite across global markets. This past week, a fresh wave of retail euphoria swept through U.S. equities and crypto markets, with meme stocks roaring back into vogue and altcoins teasing the arrival...
Bitcoin Dominance Hits 4-Year High Amid Altcoin Annihilation
Despite Bitcoin’s market correction, the asset remains strong while many altcoins have sunk back to bear market depths. Bitcoin market dominance is currently at a 4-year high of more than 62%, its highest level since March 2021, despite its 29% correction. There was a brief spike above this level on...
$21 Billion to Buy Bitcoin: Strategy Announces Preferred Stock Offering to Fund Additional BTC Purchases
Strategy plans to raise $21 billion through a preferred stock offering, with funds focused on Bitcoin and business expenses. Michael Saylor-led business intelligence firm, Strategy announced today that it has entered into a sales agreement to offer up to $21 billion of 8% Series A Perpetual Strike Preferred Stock, according...
“Never Sell Your Bitcoin”: Trump, Treasury Deliver Remarks At White House Crypto Summit
Treasury Secretary Bessent said he wants to create US dollar hegemony worldwide using stablecoins. President Donald Trump hosted the first White House Digital Asset Summit on Friday, with a handful of major crypto executives and relevant members of his administration. Trump repeated his promises from his Thursday executive order to...
David Sacks Confirms Selling Crypto Holdings Before Joining Trump Administration
Sacks sold his Bitcoin, Ethereum, and Solana holdings before becoming Trump’s Crypto Czar, undergoing an official ethics review. White House AI and Crypto Czar David Sacks has confirmed that he sold all his cryptocurrency holdings before taking up his role in the Trump administration. Some of the assets the official...
Bitcoin or Nothing: Altvest’s Board Chairman Dismisses Other Blockchain Projects
Masie sees Bitcoin as the ultimate cryptocurrency, but other blockchains are interesting computer science projects. A few days ago, the capital market company Altvest Capital became the first publicly traded African company to adopt Bitcoin as a treasury reserve asset. This move was announced as part of a broader treasury...
