Author: boss

Strategy can survive Bitcoin at $30k, BTCTOP CEO says

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BTCTOP CEO Jiang Zhuoer has pushed back against fears that Strategy could become a major Bitcoin seller if the market falls further. Summary Jiang Zhuoer said Strategy has little reason to damage its “never selling Bitcoin” image. He argued a Bitcoin drop to $30,000 would keep Strategy’s leverage near manageable levels. The comments follow fresh concerns over STRC dividends, funding pressure, and Strategy’s Bitcoin sale. In a post on X, Jiang said he does not believe Strategy will “substantially net sell BTC.” He argued that the company still has a…

Judge pauses lawsuit involving 3.8 million Bitcoin held in dormant wallets

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A New York judge has halted proceedings in a lawsuit seeking ownership of 39,069 dormant Bitcoin wallets, delaying any attempt to secure a default judgment before a July 14 court hearing. Summary A New York judge has paused a lawsuit seeking ownership of 39,069 dormant Bitcoin wallets and blocked any move toward a default judgment before a July hearing. The complaint argues that abandoned property laws could apply to self-custodial Bitcoin wallets, including addresses linked to Satoshi-era holdings and the Mt. Gox hack. An attorney seeking to appear as amicus…

Bitcoin Trader Says Something Extremely Bad Is Coming Today, Here’s What

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Over the weekend, the Bitcoin price suffered a major crash, moving below $60,000 for the first time in this cycle. In contrast, there has been some recovery, with the price moving above $62,000 on Sunday, as investors moved back into the market. However, this recovery seems to only be a stop-gap for now because, according to one analyst, there is something bad coming Bitcoin’s way and it’s going to happen today. Is A Black Monday In The Cards? Analyst WhaleTwits on the X (formerly Twitter) platform has sounded the alarm…

The Single Skill Warren Buffett Looks for in His Best Employees – Bitcoin News

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Key Takeaways Warren Buffett cited communication as a career multiplier before retiring in 2025. Amazon’s Jeff Bezos uses 6-page memos to sharpen decisions and expose weak logic. Buffett and Charlie Munger’s 1978-2023 partnership shows values drive lasting success. Warren Buffett didn’t pad his net worth by talking fancy; he learned to talk, period. The investing legend still points to communication as the multiplier on talent, a lesson he drilled into himself after choking on public speaking in his twenties and one he reiterated before stepping back in 2025. Jeff Bezos…

Securitize Gets SEC Nod for Cantor SPAC Merger

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Real-world asset tokenization platform Securitize is one step closer to going public via a special acquisition company (SPAC) merger, after one of its filings was approved by the US Securities and Exchange Commission. The regulator approved the Form S-4 registration statement from Cantor Equity Partners II, a publicly traded special purpose acquisition company (SPAC) sponsored by an affiliate of Cantor Fitzgerald, and Securitize on Friday. Carlos Domingo, co-founder and CEO of Securitize, said the move marks “another important milestone for Securitize and for the broader institutional adoption of tokenization.” Shareholders…

Can you buy a house with Bitcoin? The Fannie Mae order

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For the first time, the United States housing system is preparing to count your Bitcoin as a real asset when you apply for a mortgage, without making you sell it first.  Summary Fannie Mae and Freddie Mac are moving toward recognizing verified crypto holdings in mortgage risk assessments. Eligible borrowers may keep their Bitcoin instead of selling it and triggering a potentially taxable transaction. Crypto is initially expected to count as mortgage reserves, not replace the cash required for closing costs. Exchange custody, valuation haircuts, and limits on crypto reserves…

Dogecoin (DOGE) Stages A Recovery Attempt After A Brutal Selloff

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Dogecoin started a recovery wave above the $0.0820 zone against the US Dollar. DOGE is now facing hurdles near $0.090 and might struggle to continue higher. DOGE price started a recovery wave from $0.0775 and climbed above $0.0820. The price is trading below the $0.0820 level and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $0.0820 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.090. Dogecoin…

HTX Delists Trump-Linked USD1 After Alleged Wallet Freeze

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HTX, the crypto exchange linked to crypto entrepreneur Justin Sun, delisted the Trump family’s USD1 stablecoin after claiming World Liberty Financial wrongly froze the exchange’s addresses. “The World Liberty Financial (WLFI) project team recently stated that it has unilaterally imposed a freeze on specific HTX on-chain addresses based on sanctions compliance reviews,” said HTX on Saturday. “As a result, the on-chain circulation of certain WLFI assets associated with these addresses has been restricted,” it said, adding it delisted USD1 to safeguard user assets.  Last month, the UK sanctioned HTX, formerly…

Grayscale Warns Strategy May Struggle to Keep Buying Bitcoin

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Key Takeaways Grayscale says Strategy’s weaker shares may restrict future bitcoin purchases. Dividend pressure from STRC could raise costs and increase BTC market volatility. Analysts remain split as traders watch for another Strategy purchase disclosure. Grayscale Flags Rising Risks to Strategy’s Bitcoin Accumulation Machine Strategy’s bitcoin strategy is facing a new test as questions emerge about how long the company can sustain its aggressive accumulation model. Grayscale Head of Research Zach Pandl warned that Strategy (Nasdaq: MSTR) may have a limited ability to acquire additional BTC at current MSTR and…

XRP Price Climbs Off Recent Lows With Fresh Upside Momentum

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…