US dollar decline this summer has catalyzed major concerns across various financial sectors as Bank of America warns…

Bitcoin Magazine

Strategy Buys $75 Million Worth of Bitcoin
Strategy has acquired an additional 705 Bitcoin for approximately $75 million, further expanding its position as the largest corporate holder of Bitcoin as more public companies continue to adopt Bitcoin treasury strategies. According to a Form 8-K filed with the SEC on June 2, the company purchased the Bitcoin at an average price of $106,495
This post Strategy Buys $75 Million Worth of Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen.

The global growth of the cryptocurrency market continued in a major way Monday as Sberbank, the largest bank…

The DXY index, which tracks the performance of the US dollar has been failing to climb above the…

Bitcoin Magazine

Freedom, Decentralization and Unity: Stay True to These Principles and the Future Is Ours, Says Ross Ulbricht
Silk Road founder Ross William Ulbricht gave a speech about the principles of freedom, decentralization and unity.
This post Freedom, Decentralization and Unity: Stay True to These Principles and the Future Is Ours, Says Ross Ulbricht first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

Two heavyweight Bitcoin holders, Strategy (formerly MicroStrategy) and Metaplanet, have seized the latest market correction as a buying opportunity. As Bitcoin briefly fell near $103,000 towards the end of May, both companies bolstered their reserves with a combined purchase of nearly 2,000 BTC worth close to $200 million. Strategy buys 705 BTC Strategy disclosed on
The post Strategy and Metaplanet capitalize on Bitcoin correction with $200M acquisition appeared first on CryptoSlate.

The firm acquired about $75 million in Bitcoin, and its holdings of the asset now total more than $60 billion.

The funding was spread out across 61 rounds, a slight dip in both number of rounds and total funding in comparison to other months

Solana meme coin creators have earned almost $3 million in total, with some communities using the funds in creative ways.

Following last week’s liquidation event exceeding $100 million, the infamous Hyperliquid trader James Wynn has once again plunged into the deep end—this time reopening a 40x long position on bitcoin, now valued at more than $98 million. Infamous Hyperliquid Trader James Wynn Dives Back Into the Deep End With 40x Bitcoin Bet On Monday, June