The network is becoming more decentralized as the share of Lido in staked ETH decreases, financial analysts argue….
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Majors continue to rally as ETF sentiment improves. Genesis have likely sold half their GBTC position. BlackRock could flip GBTC holdings in 3 weeks. BTC short squeeze would liquidate $6.6bn by $75k. Lack of on-chain activity indicates ‘limited selling’. BTC crucial to the financial system: BlackRock. Resurging interest in crypto assets: Goldman Sachs. Crypto summer has started: Raoul Pal. Base outpaces SOL & ETH for trading volumes….
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The Kerrisdale investment firm says that the software company’s stock will take a hit because its price is now unjustified….
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The analytics firm put $500 million in convertible notes on the market to fund its latest BTC purchase….
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JP Morgan warned that introducing more leverage into Bitcoin markets could make a potential correction all the more painful….
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ETFs match last week’s inflows in just 3 days. ETH Dencun upgrade goes, ETH coins broadly fall. ETH L2 costs for trading decrease dramatically. SOL nears $100bn FDV as activity soars. SOL DEX volume now 3x ETH mainnet. MicroStrategy plans $500m raise to buy more BTC. Franklin Templeton releases memecoin paper. AEVO faces FUD about tokenomics….
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Software company MicroStrategy says it plans to offer up $500 million in convertible senior notes due in 2031 to buy up Bitcoin….
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BTC hits new ATH of $72k, flips Silver market cap. Wick lower then higher causes $350m liquidations. London Stock Exchange to consider crypto ETNs. Funding again soars before ETF buying begins. Crypto saw record $2.7bn inflows last week. MicroStrategy buys another $821m of BTC….
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The Monday spike has settled to a more modest 4% daily gain, but if you bought MSTR back in 2020, you’d still be up nearly 1,000%….
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“We’re buying it to hold it 100 years. That $66K to $16K crash—that shook out the tourists,” said MicroStrategy founder and chairman Michael Saylor….
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