Saylor’s Strategy Boosts Bitcoin Holdings Past 815,000 BTC
Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has blasted past 800,000 BTC in total holdings after announcing its latest purchases. Strategy acquired 34,164 Bitcoin (BTC) for $2.54 billion between April 13 and 19, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The buy ranks as Strategy’s third-largest
Classic Bitcoin Metrics Signal Big BTC Move
Bitcoin (BTC) has recovered 25% from its multi-year low below $60,000, with momentum indicators flashing rare “buy” signals. Key takeaways: Bitcoin’s MACD and RSI indicators forecast a sharp BTC price rally in the coming days. Bitcoin price must reclaim $78,000 in the coming days to sustain upward momentum. Bitcoin’s MACD, RSI confirm “bull market is
Coinbase Expands Crypto-Backed USDC Loans to UK Users
Crypto exchange Coinbase has rolled out crypto-backed USDC loans for users in the United Kingdom, allowing users to borrow USDC against Bitcoin, Ether and Coinbase Wrapped Staked Ether (cbETH). The loans are issued through Morpho, a lending protocol on Base. According to a Monday announcement, users can borrow up to $5 million in USDC (USDC)
Crypto Funds Post $1.4B Inflows as BTC Almost Touches $78K
Cryptocurrency investment products logged another week of strong inflows on ceasefire optimism and a Bitcoin price breakout driving investor sentiment. Crypto exchange-traded products (ETPs) posted $1.4 billion in inflows last week, beating the prior week’s $1.1 billion and marking the second-largest weekly inflows since January, CoinShares reported on Monday. Following the three-week inflow streak totaling
LayerZero Says Kelp Setup Caused Exploit, as Aave Loss Questions Mount
Interoperability protocol LayerZero claims that an inadequate setup tied to Kelp’s decentralized verifier network (DVN) enabled malicious actors to steal $290 million from Kelp DAO, adding that preliminary signs point to North Korea-linked threat actors. An attacker drained about 116,500 Restaked ETH (rsETH), worth as much as $293 million at the time, from Kelp DAO’s
Mastercard Moves to Settle Card Payments Using Stablecoins
Key takeaways Mastercard is integrating stablecoins into its payment infrastructure to modernize the back-end settlement process, allowing banks and issuers to settle card transactions using regulated digital dollars such as SoFiUSD. The partnership with SoFi Technologies enables SoFi Bank to settle Mastercard transactions in SoFiUSD, while Galileo’s platform allows other banks and fintech issuers to
Bitcoin Holds Green Weekly Candle Amid US‑Iran Tensions
Bitcoin (BTC) begins the last full week of April juggling fresh US-Iran war fears as resistance hurdles line up. Key points: Bitcoin stays green on weekly time frames with multiple nearby price levels in focus. Elliott Wave analysis concludes that $81,000 is Bitcoin bulls’ next “final boss.” A resurgent US-Iran war threatens to unravel last
BIS Warns on Stablecoin Risks, Urges Global Coordination
The Bank for International Settlements (BIS) general manager, Pablo Hernández de Cos, on Monday called for tighter global coordination on stablecoins, warning that US dollar-denominated tokens could have “material consequences” for financial stability and economic policy if they grow large enough to rival traditional money. Speaking at a Bank of Japan seminar in Tokyo, he
Saylor Hints at New BTC Buy, Strategy Eyes Semi-Monthly Dividends
Strategy co-founder Michael Saylor has hinted at another large Bitcoin purchase, just a week after the company disclosed that it bought around $1 billion of Bitcoin in the second week of April. Strategy disclosed last Monday that it acquired 13,927 Bitcoin for $1 billion between April 6 and 12, at an average price of $71,902
Coinbase Introduces Two AI Agents to Assist Workers
Coinbase CEO Brian Armstrong said the company has started testing AI agents on Slack and email to assist employees with work tasks, continuing the company’s efforts to embed AI into its workflows. In a post to X on Saturday, Armstrong said the company has already deployed two AI agents, modeled after two former executives, speculating