Strategy’s $216 million Bitcoin sale on Monday should be seen as a positive development for the price of Bitcoin and as a move that renews confidence in STRC, according to analysts.The sale of 3,588 BTC to fund preferred stock dividend…

Crypto gaming company Yield Guild Games says it has shut down its crypto game publishing arm, YGG Play, and will instead focus on feeding data to artificial intelligence.Yield Guild Games said Monday that it would also lay off 35 employees,…

A trader who swapped $2.01 million worth of Ether on a decentralized exchange has been left with just $14,500 worth of tokens after a router directed the order through a low-liquidity pool, allowing an Ethereum block builder to profit massively…

Bitcoin (BTC) fell from nearly $64,000 on Sunday to about $62,000 on Monday, and the primary trigger behind the move appeared to be a SEC disclosure showing Strategy’s largest ever sale of 3,588 BTC. The fuller explanation for the price…

US President Donald Trump says he got involved in crypto “for politics” and became pro-crypto after seeing how much money the industry was making.At a press conference in the Oval Office on Monday to announce “Trump Accounts,” an investment account…

Layer-1 blockchains will come under increasing pressure to sacrifice decentralization for speed and efficiency as adoption of the technology grows, according to Injective CEO Eric Chen.This pressure will come from the need to satisfy users’ desire for faster speeds or…

The Trump administration’s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at odds over how the reserve should be structured and which agency should have primary oversight of…

Strategy sells 3,588 Bitcoin for $216M to fund dividendsMichael Saylor’s Strategy sold 3,588 Bitcoin (BTC) to fund preferred stock dividend payments and replenish its cash reserves.Strategy sold the Bitcoin for $216 million, reducing its total holdings to 843,775 Bitcoin, according…

The decentralized autonomous organization (DAO) behind the Bonk (BONK) memecoin reported that an unknown entity had removed $20 million worth of the tokens in what it described as an attack using a “malicious governance proposal.”In a Monday X post, the…

Former Tether chief investment officer Richard Heathcote is seeking to sell part of his 1.26% stake in the stablecoin issuer, according to a Bloomberg report citing people familiar with the matter.Heathcote stepped down as Tether’s chief investment officer in March…

Key takeaways:Bitcoin derivatives show resilience despite bearish pressure from Strategy’s Bitcoin sales.Onchain Bitcoin data points to sellers’ exhaustion, strengthening the $60,000 support level.Bitcoin price quickly recovered from the selloff to $61,300 that followed Strategy’s Bitcoin sale announcement. Despite the negative…

Bitcoin miner TeraWulf, moving deeper into AI infrastructure, signed a 20-year data center lease with Anthropic expected to generate about $19 billion in contract revenue.The company also announced Monday that it is selling a majority stake in a separate AI data…

Ripple said it has received full authorization under the European Union’s MiCA crypto framework after Luxembourg’s financial regulator granted the company a Crypto Asset Service Provider (CASP) license.The authorization follows Ripple’s preliminary approval in June and, together with the company’s…

The United Nations Development Programme (UNDP) has signed a new agreement with the Stellar Development Foundation to expand the agency’s use of blockchain-based payments after completing pilot projects in five countries, signaling a broader role for public blockchain infrastructure in…

Bitmine Immersion Technologies, holding one of the largest Ether (ETH) stockpiles as part of its treasury strategy, said Monday it added of $74 million worth of the second-biggest crypto by market cap, in contrast with Strategy, a major Bitcoin (BTC)…