Category: Cryptocurrency news

Billionaire Who Praised Bitcoin Four Days Ago Secretly Sold BTC Today—At a Loss

A noteworthy on-chain development has emerged regarding billionaire investor Tim Draper, known for his long-term bullish outlook on Bitcoin. Following his previous optimistic statements, it is alleged that a sell transaction was carried out from a wallet believed to be linked to him. According to data from the on-chain analytics platform Onchain Lens, a wallet […]

Why Michael Saylor’s Strategy decided to make STRC’s dividend bi-monthly

Leading bitcoin treasury company Strategy (MSTR) has proposed shifting the dividend payment schedule on its perpetual preferred equity, Stretch (STRC), from monthly to semi-monthly. The amendment, outlined in Strategy’s investor presentation, would keep the 11.5% annualized dividend rate and total annual obligations unchanged (currently $1.2 billion). Holders would receive payouts roughly every two weeks instead […]

Will Bitcoin’s Major Rally Continue? Here’s What the Experts Say

Cryptocurrency analysis platform Santiment assessed Bitcoin’s (BTC) recent rise to the $77,000 level and the overall market sentiment. Santiment, an analytics company that closely tracks Bitcoin’s price movements, examined Bitcoin’s rise to the $77,000 level in its latest market assessment. Despite the price increase, the prevailing skeptical approach among investors is noteworthy. According to the […]