Strategy swaps bitcoin metrics as bear market drags on
The new framework replaces gross BTC figures with net equivalents after preferred stock and convertible debt, giving common shareholders a clearer read of exposure.
Every crypto post from the last 24 hours.
The new framework replaces gross BTC figures with net equivalents after preferred stock and convertible debt, giving common shareholders a clearer read of exposure.
The funding signal is strong without being euphoric: longs are paying shorts again, OI has eased, and the next read comes from a US inflation print that could finally break the $1,860–$1,930 range.
Ten cows, $20K, one stock exchange listing. The deal size is tiny, but it opens a $77.6M pipeline inside Cowmed's 100,000-cow network and slots into a tokenization thesis McKinsey sizes at $4T by…
The 34-page quarterly frames Bitcoin as testing a turn from correction to accumulation, with ETF outflows decelerating and leveraged longs quietly building underneath a firmer macro liquidity…
Onchain lending rails can move capital faster, but the underwriting, collateral and legal recovery behind SME loans stay stubbornly offchain, leaving a funding gap mostly intact.
The complaint alleges BitMEX operated a hidden desk that traded against users and froze servers during volatility to trigger liquidations, with plaintiffs seeking return of roughly 623 BTC.
The collapse lands as Fidelity argues AI demand is reshaping miner economics, giving hash-power infrastructure a more valuable use than block rewards.
Calls now command a larger share of open interest, while compressed volatility and longer-dated skew show that defensive demand has eased mainly at the front end.
The first potential third-country crypto-services ban pushes EU enforcement beyond Russian entities and into offshore infrastructure serving them.
The size of the bet is the headline, but the venue is the story: a London-based quant manager is now comfortable running nine-figure derivatives exposure natively on a decentralized perpetuals book.
B2C2's reported $1B+ ask is the headline, but the stalled talks are the real read: a top-tier institutional liquidity book is hard to price when trading volumes are weak and M&A comps in the sector…
The relative resilience is the story: BTC absorbed a wave that wiped hundreds of billions from mega-cap tech, yet ETF outflows and a stalled reclaim of $68,000 leave the trend cautious, not confirmed.
The scale of the Johor crackdown puts electricity access and enforcement risk at the center of Bitcoin mining economics.
The structural shift is bigger than any single cycle: spot Bitcoin ETFs and RWA drew the speculative bid away, and capital that once chased joke tokens is consolidating into BTC and TradFi-linked…
The bottleneck is no longer issuance. Citi's 2030 scenarios put RWA-linked DeFi TVL anywhere from $54B to $1.5T, with the spread decided by who institutions trust to price assets when the underlying…
Calls at those two strikes outnumber puts by 10-to-1, and Laevitas ties roughly half the notional to a single bull call spread tied to CLARITY Act optimism.
Crypto broadly rose on Friday while Brent crude spiked to a May high on the Iran conflict, the kind of backdrop that usually punishes BTC but this time barely dented it, and that divergence is the…
Once the largest mining pool on the Bitcoin network with 18-20% of global hashrate, Poolin now owes creditors roughly $173M while a single $52M offer for its West Texas sites is the main recovery on…
Eight named DATs have liquidated or pledged most of their holdings as bitcoin's 50% slump from the 2025 peak forces a sector-wide reset.
Strategy alone carries $6.7B in converts and $15.5B in preferred against 843,738 BTC; bear-case math puts calendar-driven selling at 77,100–128,500 coins over two years.