Strategy Halts BTC Buys, Launches $1B Digital Credit Buyback
The pause marks a tactical pivot: with $1.15B raised but no fresh coins added, Strategy is signaling capital flexibility over accumulation, even as its 847,363 BTC stack sits untouched.
Market-moving crypto headlines from the last 24 hours.
The pause marks a tactical pivot: with $1.15B raised but no fresh coins added, Strategy is signaling capital flexibility over accumulation, even as its 847,363 BTC stack sits untouched.
The program converts a portion of Strategy's $BTC stack into working capital, putting the issuer that turned a balance sheet into a benchmark back in the supply market for the first time.
The crypto market-structure bill faces a tightening calendar and competing floor priorities, with the firm's analyst now betting on a July vote rather than a sure thing.
The new Digital Credit Capital Framework is the first time Strategy has formally authorized BTC monetization, with proceeds earmarked for the USD reserve, dividends and buybacks while preserving…
The builder cannot trace the perpetrator, and recovery work is still running through parallel approaches two weeks after the breach first surfaced.
The headline is the $1.8B weekly ETF exodus, but the more revealing tape is in derivatives: put skew and rising implied vol show hedgers paying up for downside rather than fading the dip.
A record net long dollar position and $700B of leveraged SOFR shorts are the kind of one-sided positioning that snaps the other way. The question is whether Friday's jobs print is the jolt.
Galaxy Digital halved its 2026 passage estimate to 50%, citing the Senate calendar colliding with Trump’s last-minute tie of the housing bill to the SAVE Act, while Polymarket traders put the odds…
A CryptoQuant analyst flagged the largest spike in exchange-bound BTC transfers since the 2023 bear market, with deposit addresses absorbing supply that, if sold, would crush an already fragile tape.
The size alone is the story: 7,432 BTC in a single day beats every prior IBIT outflow day on record, and the deposits hit Coinbase Prime during US trading hours, not offshore.
The rotation is the story: customers are pulling USDT off two of the world's largest venues and redeploying into native BTC, a flow mix that tracks with the broader move up in price.
The Basel-based institution's Annual Economic Report calls dollar-pegged tokens a threat to monetary sovereignty in emerging markets, and rules out decentralized networks as settlement layer for…
The BIS survey flip is the real signal: for the first time, the world's reserve banks treat dollar stablecoins as plumbing that strengthens the dollar's plumbing rather than a parallel challenge to…
The split between $2.5B in Bitcoin and Ethereum ETF outflows and sub-$75M of inflows into XRP and Hyperliquid products signals de-risking rather than a clean rotation, and that distinction matters…
From roughly 3,000 pre-MiCA registrations to 231 authorized CASPs, the July 1 cut-off is already consolidating Europe's crypto market, with industry sources warning it will deepen once the…
The premium spike is the symptom; the crackdown on crypto remittance desks in Bengaluru and a July 2 parliamentary sit-down with the RBI are the supply shock behind it.
With BTC sitting under the True Mean, 200-day, 128-day and short-term holder cost basis at once, the historical 5-10% undershoot of onchain valuation metrics points to a cycle low near $45,000.
The Bank for International Settlements argues that pegged tokens trade and redeem like fund shares rather than money, and that their FX flows mirror deposit dollarization in vulnerable economies.
Galaxy's Alex Thorn points to a packed Senate calendar and stalled negotiations as reasons to mark down passage from 60% to an even coin flip before year-end.
The PBOC's largest reverse-repo injection in a year lands the same week Bitcoin broke $60K and Fed-funds futures flipped to price in an October hike, putting global liquidity back on the table.