Category: Cryptocurrency news

Strategy Founder Michael Saylor and CEO Phong Le Make Bold Statements—They Reveal Their Bitcoin Price Forecast

In an investor Q&A session moderated by Natalie Brunell, Strategy Founder Michael Saylor and CEO Phong Le made important statements about the company’s balance sheet strategy, stock dynamics, and Bitcoin’s place in the global financial ecosystem. Saylor described Bitcoin as the main “capital” in the digital world, stating that the company is building its future […]

Bitcoin Surpassed $65,000: Liquidations Occurred, and a Major Short Whale Suffered an Unbelievable Loss

Bitcoin’s price surpassing the $65,000 level triggered liquidations in highly leveraged short positions. According to on-chain data, a large whale holding approximately $117 million worth of Bitcoin short positions had $23.36 million of those positions forced to close during the surge. It was reported that the whale in question continues to hold a short position […]

Metaplanet Unveils US Bitcoin Expansion: Here’s What It Plans to Do With Superplanet

The third-largest corporate holder of $BTC has revealed additional details about its planned US expansion, which will see it invest 2,100 $BTC and $2.5 million in cash into Super League Enterprise. The transaction will transform the Nasdaq-listed entity into Superplanet and will become a US Bitcoin treasury platform operating under the ticker SUPA. Superplannet Is […]

Brevan Howard and Graham Capital Slash Bitcoin ETF Holdings by Over 70% in Q2

Two prominent hedge funds significantly reduced their exposure to spot Bitcoin exchange-traded funds (ETFs) during the second quarter, according to recent regulatory filings. Brevan Howard cut its holdings of BlackRock’s iShares Bitcoin Trust (IBIT) by approximately 70.4%, while Graham Capital reduced its position by about 72% over the same period. Details from the 13F Filings […]