Michael Saylor’s Strategy raised nearly $467 million last week by selling MSTR shares, but unlike its usual strategy, the company did not buy any Bitcoin. Instead, the company increased its cash reserve to a record $3 billion, leaving investors wondering whether Saylor is preparing for a bigger Bitcoin dip to buy BTC.Strategy Raises $466.7M After Selling Class A StocksAccording to Strategy’s latest SEC filing, the company sold 4,818,781 Class A MSTR shares between July 6 and July 12, raising $466.7 million through its at-the-market (ATM) offering program.Interestingly, Strategy did not sell any of its preferred shares, including STRC, STRF, STRK,…
Author: cryphedge
Ripple CEO Brad Garlinghouse said he and co-founder Chris Larsen seriously considered shutting the company down after the SEC sued in 2020 and distributing Ripple’s XRP holdings to shareholders.In a KU Hustle interview, Garlinghouse said they chose to fight instead because closing Ripple would have cost hundreds of jobs. He estimated the four-year legal battle cost the company about $150 million. The scenario concerned Ripple as a company, rather than a shutdown of the XRP Ledger or a loss of XRP held by the public.We almost decided to shut down the company when the SEC sued us. We we were…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: July 13, 2026 Ethereum News: Robinhood Chain processed 7.6 million daily transactions on July 10, just 11 days after its July 1 mainnet launch, closing sharply on Coinbase’s Base, which recorded 9.2 million over the same period. The gap is narrowing faster than the Ethereum Layer 2 competitive landscape expected, and the mechanism driving it is straightforward:…
Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher, drove bond yields up, and revived concern that an extended disruption in the Strait of Hormuz could keep inflation elevated.Data from CryptoSlate shows the largest cryptocurrency traded near $62,940, down about 1.4% over 24 hours. Other leading digital assets, including Ethereum, XRP, and Solana, all posted modest losses of less than 2% during the reporting period.CoinGlass data showed that this price performance resulted in $252.9 million in cryptocurrency positions being liquidated over the previous day, with traders holding leveraged long positions accounting for…
Hyperliquid price holds above key support as traders watch the $61.92 level. Bitcoin’s move around $63,000 could shape HYPE’s next direction. Hyperliquid’s total open interest has climbed to nearly $11 billion. Hyperliquid (HYPE) has entered a crucial phase after retreating from its recent record high, with traders closely watching whether the token can stabilise above key support levels. The latest pullback comes as broader cryptocurrency markets react to rising geopolitical tensions, leaving Bitcoin’s next move at the centre of attention. However, while HYPE has lost momentum over the past week, the network continues to post strong trading activity, creating an…
Key takeaways Pi Network (PI) fell another 6% on Monday after dropping 7% the previous day, extending its prolonged downtrend. Retail participation continues to weaken, with Open Interest falling below $9 million, signaling declining leveraged trading activity. Analysts warn that ongoing token unlocks could continue to pressure prices if supply outpaces demand. Pi Network (PI) remained under heavy selling pressure on Monday, falling around 6% after suffering a 7% decline in the previous trading session. The continued weakness reflects fading retail participation, declining leveraged positions, and concerns that ongoing token unlocks could keep supply ahead of demand. Technical indicators also…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: July 13, 2026 Uniswap’s fee switch is finally live, and Hayden Adams said the…
Binance says users in the European Union sent up to 70% of the funds they withdrew after July 1 to wallets they controlled themselves.Only about 30% went to platforms regulated under the Markets in Crypto-Assets framework, according to Binance co-CEO Richard Teng.The split was reported by the company, has not been independently audited, and came without the asset value, user count, measurement window, or tracking method needed to test it.MiCA may not have backfired, but Binance’s figures point to an awkward outcome. Most departing funds appear to have bypassed regulated rivals and gone straight into users’ own wallets. Related ReadingBinance…
Since the beginning of July, the Ethereum price has been consolidating within a well-defined range, finding consistent support around $1,650–1,700 while facing repeated resistance near $1,800–1,850. Despite several attempts, neither buyers nor sellers have managed to establish a decisive breakout, keeping ETH confined within this range. Such prolonged consolidation often reflects a balance between supply and demand, with market participants awaiting a catalyst for the next directional move. As Ethereum once again approaches the upper boundary of this range, an important question emerges: Is this the early stage of an accumulation phase or simply another rally that will fade at resistance?Ethereum…
Ripple’s native token XRP and leading meme currency Shiba Inu (SHIB) are trading in the red on Monday. This slump comes after the global markets turned volatile, as the US launched fresh attacks on Iran. The conflict around the Strait of Hormuz has escalated, with missiles being fired from both sides. The repercussions are already being felt as the Asian markets opened Monday’s trading session in the red.Japan’s Nikkei is the most vulnerable, crashing more than 1,500 points. India’s Sensex had dipped 500 points, but is seeing a slight recovery. Singapore’s Straits Times Index is also in the red as…
