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Strategy’s $78B Bitcoin nears Amazon’s 2nd-largest corporate treasury

Strategy’s $78 billion stash of Bitcoin is close to the cash positions held by Amazon, Google and Microsoft, the last of which rejected Bitcoin as a treasury asset last year. Strategy’s near-$80 billion Bitcoin treasury is catching up to the massive cash positions of tech giants such as Microsoft, whose shareholders rejected a proposal in…
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Major US labor union says Senate crypto bill lacks ‘meaningful safeguards’

The AFL-CIO says the Senate’s crypto framework bill “provides the facade of regulation” that would expose workers’ retirement funds to risky assets. The largest federation of trade unions in the US says it has “serious concerns” about the Senate’s draft bill to regulate crypto, claiming it lacks worker protections and poorly regulates the sector. The…
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Crypto stocks IREN, NAKA struggle amid convertible note deals

IREN and Kindly MD are raising big money through convertible notes, but traders reacted negatively following each of the companies’ multimillion-dollar deals. Shares in Bitcoin miner IREN and treasury company Kindly MD have closed with losses on Tuesday after each announced multimillion-dollar convertible note deals amid a slowdown in venture capital activity in the crypto…
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Bitcoin rally to $125K fueled by US gov’t shutdown, macro factors: Analysts

Onchain dynamics point to a renewed accumulation phase that may see Bitcoin’s price surpass $150,000 before the end of 2025, market analysts told Godleak. Bitcoin breached a new all-time high over the weekend, prompting analysts to call for a renewed accumulation phase that could fuel a rally to $150,000 before the end of the year.…
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Bitcoin corrects from $125K all-time high: Where will BTC price bottom?

Bitcoin printed a new all-time high, then dropped by over $2,000 as traders considered where the next BTC price bounce zone could be. Key points: Bitcoin begins a retracement after hitting new all-time highs above $125,000. Sunday trading produces BTC price volatility as traders eye potential bounce levels. Institutions are on the radar as Bitcoin…
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Crypto trader turns $3K into $2M after CZ post sends memecoin soaring

The trader bagged nearly $2 million in profit by investing in the “4” memecoin shortly after Zhao’s social media post following a BNB Chain phishing incident. A lucky cryptocurrency trader turned a $3,000 investment into about $2 million within hours after Binance co-founder Changpeng “CZ” Zhao shared a post about a BNB Chain memecoin on…
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A Bitcoin strategic reserve may be bad for BTC and USD — Crypto exec

Creating a national Bitcoin reserve could prove disastrous for markets, as it would signal an immediate shift in the global financial order. Establishing a national Bitcoin strategic reserve may create negative market impacts for BTC and the US dollar, according to Haider Rafique, global managing partner for government and investor relations at crypto exchange OKX. Rafique…
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Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, analyst says options and derivatives will take Bitcoin to $10 trillion market cap, Vitalik Buterin has opposed the EU’s proposed Chat Control law, warning…
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Bitcoin now just one of many ways for retail to onboard to crypto

A CoinGecko survey published on Monday found that 10% of respondents have never bought Bitcoin, and only 54% of newcomers started with it in their stash. A recent survey from data aggregator CoinGecko found that only 55% of new crypto owners started with Bitcoin in their portfolio, which analysts say is a sign of a…
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Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Hashdex added XRP, Solana and Stellar to its US crypto index ETF under the new listing standards. Meanwhile, nine European banks, including ING and…
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