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Market

Strategy (MSTR) acquired 855 bitcoin ahead of last week’s market crash

Strategy (MSTR) acquired 855 bitcoin ahead of last week’s market crash

1 day ago by Crypto InsightsCrypto

Strategy (MSTR) continued its weekly bitcoin purchases, though last week’s acquisition was relatively small. Led by executive chairman Michael Saylor, the company purchased 855 bitcoin for $75.3 million, or an average price of $87,974 each. The purchases were funded via the sale of common stock,… Read More

Binance to shift $1 billion user protection fund into bitcoin amid market rout

Binance to shift $1 billion user protection fund into bitcoin amid market rout

5 days ago by Crypto InsightsCrypto

Top cryptocurrency exchange Binance announced said Friday that it shall switch the stablecoin in its $1 billion emergency user protection fund to bitcoin over the next 30 days. The move targets the Secure asset Fund for Users (SAFU), which is a security fund created to… Read More

Senate Agriculture’s crypto market structure draft peppered with Democrat pitches

Senate Agriculture’s crypto market structure draft peppered with Democrat pitches

2 weeks ago by Crypto InsightsCrypto

Some of the U.S. Senate Democrats in the negotiation over the crypto market structure bill filed requested amendments on Friday, seeking a number of their top policy requests in the draft legislation pushed by Republicans in the Senate Agriculture Committee. The draft they’re trying to… Read More

NFTs are not dead: Wealthy crypto collectors are still driving the market, says Animoca Brands' Yat Siu

NFTs are not dead: Wealthy crypto collectors are still driving the market, says Animoca Brands' Yat Siu

2 weeks ago by Crypto InsightsCrypto

The Animoca Brands co-founder, who is also an avid NFT collector, said there’s a community of owners who bought to own, not sell.

Bitcoin bull case grows as U.S. bond market volatility sinks to lowest since 2021

Bitcoin bull case grows as U.S. bond market volatility sinks to lowest since 2021

3 weeks ago by Crypto InsightsCrypto

The bond market volatility gauge has slipped to its lowest since October 2021, supporting risk-taking in financial markets.

Senate Banking Committee cancels crypto market structure markup

Senate Banking Committee cancels crypto market structure markup

3 weeks ago by Crypto InsightsCrypto

The committee’s Republican chairman, Tim Scott, had pushed for a quick process before it collapsed under the weigh of unfinished business.

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