-
4 days ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 Bitcoin giant Strategy wants to raise fresh capital by selling shares of preferred stock, with the proceeds earmarked for additional Bitcoin purchases. In a Monday filing with the Securities and Exchange Commission, the company said it intends to sell 2.5 million shares of its 10% Series A Stride Preferred Stock (STRD).
-
4 days ago | 
zycrypto.com | Brenda Ngari
-
4 days ago | 
zycrypto.com | Brenda Ngari
-
5 days ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 Eccentric tech billionaire Elon Musk, the owner of the X (formerly Twitter) social media platform, announced on Sunday the launch of a brand-new messaging feature called XChat. The feature touts capabilities such as encrypted conversations, vanishing messages, file transfers, and audio and video calls. However, Musk’s statement that XChat is built on a programming language called Rust with Bitcoin-style encryption confounded Bitcoiners.
-
5 days ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 Strategy, formerly MicroStrategy, has added another Bitcoin lump to its massive reserve of the foremost cryptocurrency. According to a Securities and Exchange Commission filing, Strategy said on Monday that it had purchased $75 million worth of Bitcoin in cash between May 26 and June 1 at an average price of $106,495 per Bitcoin.
-
5 days ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 Metaplanet, the Tokyo-listed firm dubbed “Asia’s MicroStrategy,” has boosted its Bitcoin holdings with a fresh 1,088 BTC purchase, as it continues its aggressive strategy to promote Bitcoin adoption across Asia. According to a June 2 announcement, the Japanese investment firm said it acquired the Bitcoin at an average price of $108,400 per coin for a total of $117.5 million.
-
1 week ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 SharpLink Gaming has filed with the US Securities and Exchange Commission (SEC) to sell shares of its common stock worth a staggering $1 billion in a bid to boost the holdings of its newly launched Ethereum treasury. The Minneapolis-based sports marketing company is joining others attempting to mirror the Bitcoin strategy pioneered by Michael Saylor’s Strategy (formerly known as MicroStrategy).
-
1 week ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 BlackRock’s iShares Bitcoin Trust (IBIT) has ended its spot Bitcoin exchange-traded fund (ETF) inflow streak with its largest single-day outflow day since the fund went live in January 2024. IBIT witnessed over $430 million in outflows on May 30, a reversal after 31 consecutive days of positive accumulation. Investors pulled $430.8 million from BlackRock’s spot Bitcoin ETF on Friday amid flaring tensions between the U.S. and China over President Donald Trump’s tariffs.
-
1 week ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 Despite JPMorgan preparing to allow its clients to buy Bitcoin, the bank’s CEO, Jamie Dimon, is still not a fan of the largest crypto by market value. Dimon stated during a May 30 appearance at the Reagan National Economic Forum in California that the United States should prioritize defense logistics over stockpiling Bitcoin. “We shouldn’t be stockpiling Bitcoins,” Jamie Dimon opined, reiterating his long-standing criticism of the foremost cryptocurrency.
-
1 week ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 Coinbase Derivatives is looking to launch round-the-clock futures trading of Ripple’s XRP and Solana (SOL) on June 13, in an effort to bridge the gap between fixed trading hours and the 24/7 nature of the crypto market. Starting June 13, we’re enabling 24×7 trading for $XRP and Solana ( $SOL ) futures, unlocking real-time access to U.S. traders, reflecting the always-on nature of crypto markets.
