Ripple's Brad Garlinghouse called Strategy's preferred-stock funding model "financial engineering" that distracted the market, pointing to STRC's slide to a record low as the evidence. He runs the company behind XRP, a bitcoin rival.
A rotation out of chipmakers lifted much of the stock market, with the equal-weight S&P 500 at a record. Crypto was not part of it. Ether fell 8% on the week and the memecoins dropped harder.
Bitcoin Magazine
Galaxy Research Cuts CLARITY Act Passage Odds to 50-50 as Senate Clock Runs Out
Galaxy Research cut its odds of the Senate passing the CLARITY Act to 50-50, citing dwindling time before Congress's August recess and mounting legislative uncertainty.
This post Galaxy Research Cuts CLARITY Act Passage Odds to 50-50 as Senate Clock Runs Out first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
Tando is making it possible for 40 million Kenyans to send and receive bitcoin using their phone numbers via Mpesa and over Bitcoin's lightning network.
Bitcoin Magazine
Billionaire Investor Jeremy Grantham: Bitcoin Will ‘Dwindle Away With a Whimper’
Jeremy Grantham doubled down on his long-standing Bitcoin skepticism, predicting the cryptocurrency will "dwindle away with a whimper."
This post Billionaire Investor Jeremy Grantham: Bitcoin Will ‘Dwindle Away With a Whimper’ first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
Bitcoin Magazine
Michael Saylor Responds to Scrutiny as Strategy Shares and STRC Hit 52-Week Lows
Michael Saylor took to X to defend Strategy's long-term Bitcoin-focused strategy after MSTR and its preferred shares hit new lows.
This post Michael Saylor Responds to Scrutiny as Strategy Shares and STRC Hit 52-Week Lows first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
Bitcoin Magazine
‘I See Volatility as Opportunity’: Bitcoin Tests Critical Support as Key Level Hangs in the Balance
Bitcoin is testing the critical $58,000–$60,000 support zone for a third time, with a break below could trigger a deeper decline.
This post ‘I See Volatility as Opportunity’: Bitcoin Tests Critical Support as Key Level Hangs in the Balance first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
BTC touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out.
The real estate investor pitched his model as a treasury company backed by cash-flowing property rather than stock sales, framing the slide in bitcoin as a chance to accumulate.
Digital mining firm Gomining said it mined the first live Bitcoin block using the Stratum V2 protocol via the DMND mining pool. A Milestone for Miner Autonomy Digital mining firm Gomining revealed Thursday, June 25, that it successfully mined the first known live Bitcoin block utilizing the Stratum V2 protocol. The block was produced in […]
Bitcoin Magazine
Strategy Stock (MSTR) Nearly Craters Another 10% as Securities Lawsuit Lands
Strategy shares plunged some more today as Bitcoin fell to $59,000.
This post Strategy Stock (MSTR) Nearly Craters Another 10% as Securities Lawsuit Lands first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
Bitcoin Magazine
Trezor Academy Releases Documentary on Africa’s Bitcoin Economy, Opens Education Donations
Trezor Academy released a documentary highlighting Bitcoin adoption across Africa and launched a donation program to fund Bitcoin education initiatives in the Global South.
This post Trezor Academy Releases Documentary on Africa’s Bitcoin Economy, Opens Education Donations first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
Bitcoin Magazine
Matt Corallo Urges Bitcoin Projects to Exit GitHub After Rust Lightning Ban
Senior developers including Andrew Poelstra highlighted broken merge scripts, hidden diffs, and unreliable tracking, pushing Bitcoin projects toward self-hosted Forgejo solutions.
This post Matt Corallo Urges Bitcoin Projects to Exit GitHub After Rust Lightning Ban first appeared on Bitcoin Magazine and is written by Juan Galt .