Crypto News
Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.
MARA Stock Dips as Bitcoin Decline and Long Ridge Acquisition Impact Sentiment
MARA Holdings (MARA) ended Tuesday at $13.89, down 0.9%, as bitcoin slid 2.6% and the company's Long Ridge data center acquisition drew investor attention. BTC holdings represent 39% of market cap.
MSTR's Bitcoin Sale Plan Gains Flexibility Amid Buyback Slowdown
Strategy's board approved up to $1.25B in bitcoin sales and $1B in buybacks, but last week's $1.152B stock sale raises dilution concerns as buybacks lag.
Bitmine Trades Below Asset Value Despite Russell 1000 Inclusion
Bitmine (BMNR) trades at a 36% discount to its $9.8 billion asset base after Russell 1000 inclusion. Market cap is $6.27 billion.
MicroStrategy's Bitcoin Sales Approved as NAV Ratio Dips Below 1
MicroStrategy (MSTR) is now authorized to sell bitcoin to support dividends and buybacks, after its enterprise value dropped below the value of its bitcoin holdings. The firm raised its preferred dividend to 12% and set a minimum USD reserve policy.
MARA's Bitcoin Holdings and Long Ridge Deal Drive Stock Amid Crypto Dip
MARA stock gains 4.5% as $2.1B bitcoin holdings and Long Ridge power deal shape investor focus ahead of a short trading week.
XRP Hovers Near $1 as Futures Activity Dwarfs ETF Inflows
XRP hovers near $1 support after an 8.6% weekly drop, as futures open interest reaches $2.37 billion, far exceeding spot ETF inflows, indicating derivatives are the main driver of near-term price action.
Bitcoin Slips Below $60,000 as ETF Outflows Exceed New Supply Ahead of Jobs Report
Bitcoin dropped below $60,000 as ETF outflows reached $1.79 billion, far outpacing new supply. The June jobs report could add further pressure.
BitMine Stock Discount Widens as Crypto Drop Tests Index Inclusion Impact
BitMine stock closed Friday at $13.56, 21% below its reported holdings value, as ether's drop and Russell 3000 inclusion pressure the discount.
Ripple's Luxembourg License Paves Way for EU Payments, XRP Holds Steady
Ripple's preliminary MiCA license in Luxembourg could unlock regulated EU payments, but XRP remains near $1.05, 71% below its peak, as investors seek proof that RLUSD drives real demand on the XRP Ledger.
XRP Clings to $1 as Futures Volume Dwarfs ETF Inflows
XRP traded just above $1 after a 7.39% weekly decline, as futures volume of $2.76 billion far exceeded spot ETF inflows of $2.05 million, underscoring the dominance of leveraged trading.