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Strategy Targets Massive Bitcoin Buy With .5B Offering Set to Close Within Days

Strategy Targets Massive Bitcoin Buy With $2.5B Offering Set to Close Within Days

Fueled by a $2.47 billion stock raise, Strategy is preparing for another major bitcoin acquisition, reinforcing its aggressive bet on the crypto’s long-term market supremacy. Strategy Eyes Another Huge Bitcoin Allocation Pending $2.47B Raise Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, is positioning itself for another substantial bitcoin acquisition. On July […]

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Bitcoin price could retest 0k amid market cooling, analyst warns

Bitcoin price could retest $110k amid market cooling, analyst warns

Bitcoin has fallen sharply over the past 24 hours, dipping nearly 3% to around $115,376, its lowest point in two weeks. According to CryptoSlate’s data, the decline follows a recent peak of around $119,291 on July 24, wiping out close to $4,000 in value during the past day. The sudden drop is likely tied to

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Ancient whale sells .7 billion Bitcoin via Galaxy as price dips to 5k

Ancient whale sells $1.7 billion Bitcoin via Galaxy as price dips to $115k

Galaxy Digital wallets have routed over 17,000 BTC to major exchanges within the past 24 hours, according to data from Arkham Intelligence. The transactions, totaling more than $1.7 billion at current prices, involved deposits to Binance, OKX, Bybit, and Bitstamp, following a wave of internal transfers from the firm’s primary custodian address. Between July 15

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WOO X suffers  million breach affecting 9 users, halts withdrawals

WOO X suffers $14 million breach affecting 9 users, halts withdrawals

WOO X suffered an authorized breach on July 24, resulting in the theft of roughly $14 million in crypto. The exchange said it is investigating the “contained incident” and revealed that the breach resulted in unauthorized withdrawals from nine user accounts. The exchange has paused withdrawals as a precaution. It added in its statement that it

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MEXC finds that 67% of Gen Z crypto traders use AI tools, resulting in fewer panic sells

MEXC finds that 67% of Gen Z crypto traders use AI tools, resulting in fewer panic sells

A growing majority of Gen Z crypto traders are turning to artificial intelligence (AI) to guide their strategies and it’s making them less prone to panic selling. According to a July 24 report from MEXC Research, which analyzed over 780,000 Gen Z trading accounts in the second quarter, found that 67% of users aged 18

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Ton Foundation seeking 0M to setup public treasury company to accumulate Toncoin

Ton Foundation seeking $400M to setup public treasury company to accumulate Toncoin

The TON Foundation and Kingsway Capital Partners are seeking to raise at least $400 million for a crypto treasury company that would hold Toncoin, according to a Bloomberg News report citing people familiar with the matter. The planned vehicle would use a private investment in public equity (PIPE) structure, in which a publicly traded company

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BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed  billion

BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion

BitMine Immersion Technologies (BMNR) has strengthened its position as Ethereum’s largest publicly traded holder, with its total ETH portfolio now valued at over $2 billion. In a disclosure on July 24, the company announced that it currently holds 566,776 ETH, acquired at an average price of $3,643 per token. BitMine’s ETH stash now exceeds the

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House recess over Epstein standoff stalls crypto policy push until September

House recess over Epstein standoff stalls crypto policy push until September

The House of Representatives adjourned a week ahead of schedule on July 24, initiating its August recess early and effectively halting all floor activity until after Labor Day. Speaker Mike Johnson announced the break during a floor session, ending votes and procedural work until at least the week of September 8. This recess comes amid

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Ripple co-founder moves 5M in XRP in a week amid scam surge warnings

Ripple co-founder moves $175M in XRP in a week amid scam surge warnings

On-chain data has revealed that Ripple co-founder and executive chairman Chris Larsen transferred $175 million worth of XRP across multiple wallets in the past week. The asset movements, first flagged by on-chain investigator ZachXBT, took place between July 17 and July 23. XRP transfers According to blockchain data, Larsen sent 50 million XRP, valued at

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Mistrial Motion in Tornado Cash Case Is Unlikely

Mistrial Motion in Tornado Cash Case Is Unlikely

Bitcoin Magazine Mistrial Motion in Tornado Cash Case Is Unlikely IRS Special Agent Stephan George’s testimony regarding some of Hanfeng Lin’s stolen funds having been put through Tornado Cash seemed credible enough to inhibit the defense from submitting a motion for a mistrial. On Monday, the defense in the Tornado Cash trial floated the idea

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