JUST IN: ๐บ๐ธ U.S.-based public company Hyperscale Data has acquired an additional 51.5 BTC, bringing their total holdings to 1,087 BTC. ๐
Source: Bitcoin Magazine
Crypto Edge
Source: Bitcoin Magazine
Crypto Edge
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JUST IN: ๐ Shareholders of Satsuma Technology ($SATS), the British Bitcoin treasury firm backed by Mark Moss, have voted to liquidate all remaining holdingsโtotaling 668 BTCโreturn capital to investors, and ultimately dissolve the company.
Source: https://x.com/BTCtreasuries/status/2079605689866211640
Crypto Edge
Source: https://x.com/BTCtreasuries/status/2079605689866211640
Crypto Edge
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U.S. Treasury Secretary Bessent confirms the Crypto Regulatory Framework Bill is closing in on final approval โ urging Congress to act swiftly to ensure rapid implementation. The official process has now begun.
๐ฅ @Bitcoin_Insights
Crypto Edge
U.S. Treasury Secretary Bessent confirms the Crypto Regulatory Framework Bill is closing in on final approval โ urging Congress to act swiftly to ensure rapid implementation. The official process has now begun.
๐ฅ @Bitcoin_Insights
Crypto Edge
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NEW: ๐บ๐ธ U.S. Treasury Secretary Scott Bessent confirms the Clarity Act is just one step away from passing, according to Bloomberg. ๐
Source: https://x.com/BitcoinMagazine/status/2079601155206754703
Crypto Edge
Source: https://x.com/BitcoinMagazine/status/2079601155206754703
Crypto Edge
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I've decided to step down as CEO of Twenty One. It wasnโt an easy choice, but it was the right one. This journey has given me deep clarity about who I am and what I truly want to create. My lifeโs mission continues to be Bitcoin. My focus remains @Strike. The work moves forward.
Crypto Edge
Crypto Edge
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NEW: ๐ Galaxy has launched a 'Bitcoin Quantum Readiness Initiative', providing up to $5 million in developer grants for post-quantum cryptographic solutions ๐
Source: https://x.com/BitcoinMagazine/status/2079655125702889475
Crypto Edge
Source: https://x.com/BitcoinMagazine/status/2079655125702889475
Crypto Edge
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JEFF WALTON: ๐ The real story? A fundamental shift in Bitcoinโs structureโcredit is now being layered on top of it. Financial instruments are becoming deeply integrated into the global system through Bitcoin.
Source: https://x.com/TFTC21/status/2079626405399462061
Crypto Edge
Source: https://x.com/TFTC21/status/2079626405399462061
Crypto Edge
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BULLISH: ๐ Hashcash, created by Adam Back, is referenced in the Bitcoin whitepaper.
But in 2013, as Bitcoin crossed $100, he believed heโd already missed his chance.
Source: https://x.com/Blockstream/status/2079565525315649879
Crypto Edge
But in 2013, as Bitcoin crossed $100, he believed heโd already missed his chance.
Source: https://x.com/Blockstream/status/2079565525315649879
Crypto Edge
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Galaxy has unveiled the "Bitcoin Quantum Readiness Initiative," releasing up to $5 million in developer grants to accelerate the development of post-quantum cryptographic solutions.
๐ @Bitcoin_Insights
Crypto Edge
๐ @Bitcoin_Insights
Crypto Edge
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Spot Bitcoin ETFs have reactivated their accumulation phase, drawing in $957 million in net inflows over the last six trading sessions.
Resurgent institutional demand is powering Bitcoinโs latest rally, nudging prices back toward $66K.
The near-term bias remains bullish โ but a key barrier looms ahead.
Short-Term Holdersโ cost basis now sits near $68K, a level that has consistently served as strong resistance during past pullbacks. Historically, breaking above it has demanded sustained buying momentum.
A clear break above $68K could unlock more aggressive upside.
Until then, watch this level closely.
๐ฅ@Bitcoin_Insights
Crypto Edge
Resurgent institutional demand is powering Bitcoinโs latest rally, nudging prices back toward $66K.
The near-term bias remains bullish โ but a key barrier looms ahead.
Short-Term Holdersโ cost basis now sits near $68K, a level that has consistently served as strong resistance during past pullbacks. Historically, breaking above it has demanded sustained buying momentum.
A clear break above $68K could unlock more aggressive upside.
Until then, watch this level closely.
๐ฅ@Bitcoin_Insights
Crypto Edge
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$MSTR is back at $100, following Strategy's successful stock offering that raised $263.5 million.
The move bolsters the companyโs cash holdings to approximately $3.23 billion, ensuring preferred dividend payments for the next 22 months.
Notably, Strategy confirmed no $BTC was bought or sold during this transaction.
๐ @Bitcoin_Insights #Bitcoin #MicroStrategy #CryptoMarket
Crypto Edge
$MSTR is back at $100, following Strategy's successful stock offering that raised $263.5 million.
The move bolsters the companyโs cash holdings to approximately $3.23 billion, ensuring preferred dividend payments for the next 22 months.
Notably, Strategy confirmed no $BTC was bought or sold during this transaction.
๐ @Bitcoin_Insights #Bitcoin #MicroStrategy #CryptoMarket
Crypto Edge
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Satsuma Technologyโs attempt to replicate Strategyโs playbook has come to an end.
Shareholders have approved a plan to sell the company's entire Bitcoin reserves โ 668 BTC, worth approximately $44.4 million โ return capital to investors, and proceed with delisting, with over 90% voting in favor.
Satsuma had tried to follow Michael Saylor's model, positioning Bitcoin as its primary treasury asset.
But after its stock price plummeted more than 99%, Pantera Capital, a major shareholder holding about 7%, advocated for liquidation and the return of funds.
This outcome underscores a crucial point: simply buying Bitcoin isn't enough. Strategyโs success depends on more than just the asset โ itโs rooted in market access, the ability to raise capital, and sustained investor confidence.
๐ฅ @Bitcoin_Insights
Crypto Edge
Shareholders have approved a plan to sell the company's entire Bitcoin reserves โ 668 BTC, worth approximately $44.4 million โ return capital to investors, and proceed with delisting, with over 90% voting in favor.
Satsuma had tried to follow Michael Saylor's model, positioning Bitcoin as its primary treasury asset.
But after its stock price plummeted more than 99%, Pantera Capital, a major shareholder holding about 7%, advocated for liquidation and the return of funds.
This outcome underscores a crucial point: simply buying Bitcoin isn't enough. Strategyโs success depends on more than just the asset โ itโs rooted in market access, the ability to raise capital, and sustained investor confidence.
๐ฅ @Bitcoin_Insights
Crypto Edge
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JUST IN: ๐ Lyn Alden, co-founder of Orange Juice, breaks down why their hybrid #Bitcoin treasury model outperforms a pure-play approach.
"The hybrid strategy offers greater flexibility. Even during a bear market, we can reinvest business cash flows to acquire more BTC at opportune moments."
"In contrast, pure-play companies often face challenges raising capital when markets turn."
Source: https://x.com/BTCtreasuries/status/2079867205278384460
Crypto Edge
"The hybrid strategy offers greater flexibility. Even during a bear market, we can reinvest business cash flows to acquire more BTC at opportune moments."
"In contrast, pure-play companies often face challenges raising capital when markets turn."
Source: https://x.com/BTCtreasuries/status/2079867205278384460
Crypto Edge
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Bitcoin surged 13% in July, reclaiming the 200-week moving average and upholding the historical โgreen Julyโ trend.
Yet, the current market structure is starting to resemble 2022โwhen a strong July rally was followed by a sharp 38% drop in August.
History doesnโt repeat, but it often rhymes.
Data shows August closed bearish in five of the past eight years after a positive July.
While the long-term trend remains favorable, traders should watch August closelyโit could either confirm the breakout or reveal a painful bull trap.
๐ฅ @Bitcoin_Insights
Crypto Edge
Bitcoin surged 13% in July, reclaiming the 200-week moving average and upholding the historical โgreen Julyโ trend.
Yet, the current market structure is starting to resemble 2022โwhen a strong July rally was followed by a sharp 38% drop in August.
History doesnโt repeat, but it often rhymes.
Data shows August closed bearish in five of the past eight years after a positive July.
While the long-term trend remains favorable, traders should watch August closelyโit could either confirm the breakout or reveal a painful bull trap.
๐ฅ @Bitcoin_Insights
Crypto Edge
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BULLISH: U.S. spot Bitcoin ETFs have attracted $930.2 million in net inflows over the past six days ๐
Source: https://x.com/BitcoinMagazine/status/2079922839117853004
Crypto Edge
Source: https://x.com/BitcoinMagazine/status/2079922839117853004
Crypto Edge
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Hester Peirce emphasized that whether crypto vaults and on-chain lending strategies fall under federal securities laws hinges entirely on their structure.
๐ @Cryptocurrency_Inside
Crypto Edge
Hester Peirce emphasized that whether crypto vaults and on-chain lending strategies fall under federal securities laws hinges entirely on their structure.
๐ @Cryptocurrency_Inside
Crypto Edge
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๐บ๐ธ U.S. spot Bitcoin ETFs have pulled in $930.2 million in net inflows over the last six days.
๐ฅ @Bitcoin_Insights
Crypto Edge
๐บ๐ธ U.S. spot Bitcoin ETFs have pulled in $930.2 million in net inflows over the last six days.
๐ฅ @Bitcoin_Insights
Crypto Edge
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Hashcash, invented by Adam Back, is cited in the Bitcoin whitepaper.
But back in 2014, when Bitcoin surpassed $100, he admitted he believed heโd already missed the boat.
๐ @Bitcoin_Insights
Crypto Edge
But back in 2014, when Bitcoin surpassed $100, he admitted he believed heโd already missed the boat.
๐ @Bitcoin_Insights
Crypto Edge
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BREAKING: ๐จ๐ณ Zhibao Technology Inc., a publicly listed Chinese firm, has signed a non-binding term sheet to secure funding via a private investment in public equity (PIPE) dealโfully collateralized by 3,500 BTC. ๐
Source: https://x.com/BitcoinMagazine/status/2079938114244448324
Crypto Edge
Source: https://x.com/BitcoinMagazine/status/2079938114244448324
Crypto Edge
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