Michael Saylor’s Strategy scoops up $100M in Bitcoin after Fed rate cut
Michael Saylor’s firm Strategy, the biggest corporate holder of Bitcoin worldwide, expanded its BTC reserves last week following the U.S. Federal Reserve’s first interest rate reduction of the year. According to a filing with the U.S. Securities and Exchange Commission on Monday, Strategy picked up 850 BTC, worth roughly $99.7 million, during the week ending […]
DBA Asset Management Proposes 45% Supply Cut for HYPE Token
A bold proposal to reduce the total supply of HYPE, the governance and utility token powering decentralized derivatives exchange Hyperliquid, has been put forward by crypto asset manager DBA Asset Management. The firm suggested slashing HYPE’s supply by 45% in an effort to make the project’s tokenomics leaner and more attractive to institutional and retail […]
$1.8 Billion in Crypto Liquidations: Was That the Big Flush or Just the Beginning?
Crypto markets were rocked on Monday after nearly $2 billion in leveraged positions were wiped out in one of the year’s largest shakeouts. Analysts say the move looks more like a technical reset than a sign of deeper weakness. According to CoinGlass, over 370,000 traders lost positions worth around $1.8 billion in just 24 hours. […]
Michael Saylor: Bitcoin gearing up for a strong move higher into late 2025
Bitcoin’s momentum could accelerate toward the end of the year as institutional and corporate demand continues to outpace supply, according to Strategy’s executive chairman Michael Saylor. Speaking with CNBC’s Closing Bell Overtime on Tuesday, Saylor explained that Bitcoin’s price pressure is coming from an increasing wave of corporate adoption and ongoing ETF accumulation. He noted […]