It has been suggested that Strategy, led by Michael Saylor, is preparing to conduct its first-ever buyback of convertible bonds to reduce debt risk. According to reports, the company plans to repurchase $1.5 billion worth of convertible bonds maturing in 2029 for approximately $1.38 billion. This move is seen as part of the company’s strategy […]
Bitcoin price has fallen below $78,000 as macro pressure returned to global markets, erasing the short-lived rally that followed progress on the U.S. CLARITY Act earlier in the week. At press time, the $BTC price was trading near $77,984, down about 3.59% over the past 24 hours. The decline came after Bitcoin briefly moved above […]
Bitcoin fell below $78,000 (hitting a session low of $77,614), a drop that erased its monthly gains and shaved over $40 billion off its market cap. Key Takeaways: Bitcoin fell below $78,000 as rumours of potential U.S. and Israeli military strikes against Iran intensified. The sudden crypto market crash wiped out $666 million in long […]
Strategy agreed on May 15 to repurchase roughly $1.5 billion principal of its 2029 convertible notes for an estimated $1.38 billion in cash. The firm told investors in its Form 8-K that it may fund the repurchase with available cash reserves, ATM sale proceeds, and/or Bitcoin sale proceeds. Strategy expects to cancel the repurchased notes, […]
Ripple is approaching its next scheduled XRP escrow unlock, with 1 billion tokens set to be released on June 1 as part of its long-standing monthly process. The escrow system was first introduced in December 2017 when Ripple locked 55 billion XRP into a series of time-based contracts on the XRP Ledger. Under the arrangement, […]
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The cryptocurrency market has lost more than $100 billion in value over the past 24 hours as investor sentiment weakened, invalidating the recent bullish run led by Bitcoin (BTC). At press time, the total crypto market capitalization stood at approximately $2.6 trillion, down from $2.7 trillion a day earlier, representing a decline of roughly $100 […]
Renowned cryptocurrency advocate and investor Anthony Pompliano, in his latest appearance on a television program, discussed uncertainties in the global economy, the AI boom, and the dominant role Bitcoin will play in this new financial ecosystem. Pompliano argued that in a world where artificial intelligence creates an “abundance and production explosion” in every field, the […]
Bitcoin ($BTC) edges slightly lower so far this week, trading at $80,800 on Friday after being rejected around the key overhead supply zone. Institutional investors also show cautious signs, with $BTC spot Exchange Traded Funds (ETFs) recording an outflow of over $709 million through Thursday. In addition, traders’ profit-taking fuels the Crypto King price pullback. […]
Bitcoin has traded in a tight range around $80,000 to $82,000 as of mid-May 2026. After reclaiming the $80,000 level early in the month, the price has consolidated following a recovery from lower levels seen earlier in 2026. Technical analysis shows a narrowing pattern that could lead to a breakout or pullback, while experts who […]