MicroStrategy
Bitcoin Holds $63K as ETF Inflows Resume, Middle East Tensions Resurface
Bitcoin retreated to the low $63,000s on Tuesday after an overnight rally above $64,000 failed to sustain, marking a roughly flat day that masks a 6 percent weekly advance amid renewed geopolitical tensions and a major corporate Bitcoin liquidation. The largest daily inflow into US spot Bitcoin ETFs in two months provided some support, even...
Here’s What Happened in Crypto Today
Bitcoin staged a modest recovery above $61,800 following a weak U.S. jobs report that reignited Federal Reserve rate-cut speculation, while the crypto policy landscape remained turbulent as CLARITY Act passage odds collapsed to 48% amid Senate negotiations breaking down. In a significant regulatory shift, Ripple secured full MiCA approval in Europe as competitors exited the...
MicroStrategy Sells 3,588 Bitcoin, Ending “Never Sell” Era
MicroStrategy liquidated 3,588 Bitcoin for approximately $216 million between June 29 and July 5, marking the largest bitcoin disposal in the company’s history and signaling the end of its “never sell” era. The sale was executed to fund quarterly dividend payments on the company’s Digital Credit securities, underscoring structural pressure on the treasury giant’s capital...