Bitcoin price strength gradually returns after multiweek lows as risk assets show overwhelming confidence that a long war in the Middle East will not happen.
As Michael Saylor’s Strategy and other whales keep buying Bitcoin, the stage may be set for a historic supply shock.
Panther Metals is planning a $5.4 million Bitcoin treasury and will use it as collateral to buy a mineral mining deposit in Canada and other commodities in the future.
Under Operation Chokepoint 2.0, more than 30 technology and crypto companies were denied banking services in the US after the collapse of crypto-friendly banks in 2023.
Huione Guarantee’s shutdown sent “shockwaves” through the ecosystem but also left a vacuum for other crypto darknet marketplaces to fill.
Bitcoin bounced to $106,000 as traders bet on higher chances of Fed interest rate cuts due to tensions in the Middle East.
Trump Media’s recently announced $400-million buyback plan will not alter its strategy of using $2.3 billion to invest in Bitcoin, according to the company.
FTX lawyers argued that creditors should not serve as a “backstop” for Three Arrows Capital’s risky leveraged strategy.
Grant Cardone’s real estate investment firm has bought 1,000 Bitcoin as part of its new treasury strategy combining real estate and crypto.
Strategy chair Michael Saylor cryptically hinted at another Bitcoin buy as the company faces a lawsuit over its $5.9 billion loss on Bitcoin in Q1.