Short News

Strategy used $300 million of MSTR dilution to backstop its Bitcoin’s biggest buying machine

Strategy (formerly MicroStrategy) raised $335.5 million by selling common stock last week, then placed almost 90% of the proceeds into cash rather than Bitcoin...

Strive Adds 759 BTC for $50M, Pushing Holdings Near 20,000 Bitcoin

Strive Inc. acquired 759 Bitcoin for roughly $50M, increasing its total holdings to about 19,864 BTC, according to its June 22 disclosure. The purchase...

XRP Adoption Takes A Hit as Network Activity Drops by Nearly 50%

XRP traded largely sideways Monday as broader crypto markets showed signs of hesitation and fading momentum.Source: Read the original article

XRP’s Hot Escrow Debate: Is Ripple’s Math Catching Up?

Folks on CT are actively discussing XRP faucet scenarios that could tremendously affect the price.Source: Read the original article

Comparing Bitcoin Giant Strategy to Terra Luna Is a STRC, Benchmark Says

The analysts underscored that Strategy's Stretch (STRC) can't technically lose its “peg.”Source: Read the original article

Strategy Adds $300 Million To USD Reserve As Saylor Reports 520 BTC Buy

Strategy added 520 BTC and raised its USD reserve to $1.4B, putting balance-sheet discipline back in focus.Source: Read the original article

Bitcoin Could Rally if Fed Keeps Rates Steady, Grayscale Says

Bitcoin's recent underperformance relative to equities has coincided with rising Federal Reserve rate expectations, and Grayscale Investments argues bitcoin could narrow that gap if...

Payments Firm MoneyGram Joins Solana (SOL) Network As Active Validator

The peer-to-peer payments firm MoneyGram is joining the Solana (SOL) Network as an active validator. MoneyGram will also join the Solana Developer Platform (SDP),...