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Bitcoin

Tesla holds bitcoin steady, reports $112M impairment loss

Tesla holds bitcoin steady, reports $112M impairment loss

2 months ago by Crypto InsightsCrypto

Tesla (TSLA) held its bitcoin BTC$65,890.22 holdings unchanged during the second quarter, maintaining its treasury of 11,509 BTC as the cryptocurrency’s price declined 14% over the three-month period. The electric vehicle maker reported an after-tax impairment loss of $112 million on its digital asset holdings,… Read More

Claude’s Fable 5 just solved an 87-year-old math problem, and it matters for bitcoin

Claude’s Fable 5 just solved an 87-year-old math problem, and it matters for bitcoin

2 months ago by Crypto InsightsCrypto

But the larger pull is simpler: AI is where the speculative money and investors’ attention are now going. The capital that once chased crypto is now chasing compute, chips and model builders, and every leap in what these systems can do widens that appeal. Each… Read More

Strategy (MSTR) raises cash reserves to $3.2 billion without bitcoin (BTC) sale

Strategy (MSTR) raises cash reserves to $3.2 billion without bitcoin (BTC) sale

2 months ago by Crypto InsightsCrypto

Strategy (MSTR), the world’s largest corporate bitcoin BTC$64,589.09 holder, raised its cash reserve by roughly $225 million last week after selling common stock, bolstering liquidity while leaving its bitcoin holdings unchanged. Michael Saylor, executive chairman of the firm, said Monday that Strategy now holds a… Read More

Bitcoin flat near $64,000 as oil hits a one-month high and Kimi AI selloff lingers

Bitcoin flat near $64,000 as oil hits a one-month high and Kimi AI selloff lingers

2 months ago by Crypto InsightsCrypto

Equities and technology bets are still recovering from Friday. Moonshot AI’s Kimi K3, a Chinese open-weight model that took the top spot in a widely watched coding benchmark, triggered a semiconductor selloff that dragged crypto down with it to close last week. The aftershock ran… Read More

Ordinals Advocate Proposes New Bitcoin Client: ‘$DOG Mode’

Ordinals Advocate Proposes New Bitcoin Client: ‘$DOG Mode’

2 months ago by Crypto InsightsCrypto

Bitcoin Ordinals advocate Leonidas has proposed developing a new open-source Bitcoin client, aimed at removing restrictions affecting Runes and Ordinals transactions.  In a post to X on Friday, Leonidas called the proposed client “Bitcoin $DOG Mode,” which would lift the maximum individual transaction size to… Read More

Bitcoin holds $62,600 as the Iran conflict reignites and CPI looms

Bitcoin holds $62,600 as the Iran conflict reignites and CPI looms

2 months ago by Crypto InsightsCrypto

Bitcoin traded near $62,600 on Tuesday, down 0.3% over 24 hours and roughly flat on the week, per CoinDesk data. The market is steady on the surface but the macro backdrop underneath it has turned. President Trump reinstated the U.S. blockade of Iranian ships through… Read More

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