Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, reported no Bitcoin buys last week despite the asset seeing volatility after breaking all-time highs in mid-July. Strategy’s Bitcoin (BTC) holdings remained unchanged at 607,770 BTC as the company opted not to buy more BTC last week, according to a US Securities and Exchange Commission…
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Cryptocurrency investment products ended last week in the green, marking 15 consecutive weeks of inflows, even as Bitcoin funds saw minor outflows. Global crypto exchange-traded products (ETPs) recorded $1.9 billion of inflows during the trading week ending Friday, according to a Monday report from European crypto asset manager CoinShares. The latest inflows came despite heightened…
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The FTX bankruptcy estate has scheduled the next distribution to creditors, using funds no longer classified as disputed claims. The FTX Recovery Trust and debtor FTX Trading on Wednesday announced that the next distribution is expected to start on Sept. 30, and said they will determine eligible claim holders based on a record date of…
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CoinShares, a major European cryptocurrency investment firm, has secured a license under the local regulatory framework, Markets in Crypto-Assets Regulation (MiCA). CoinShares received the MiCA license through its French subsidiary, CoinShares Asset Management, the company announced on Wednesday. With the license, CoinShares became the “first continental European regulated asset management company” to be qualified under…
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Bitget Wallet, a self-custodial wallet operated by major cryptocurrency exchange Bitget, has introduced its first fiat withdrawal option with the crypto payment platform MoonPay. Bitget Wallet has partnered with MoonPay to launch a crypto off-ramp allowing users to convert stablecoins directly in 25 fiat currencies, the companies announced on Tuesday. “Before the launch of this…
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Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued stacking Bitcoin last week as the cryptocurrency surged past $122,000 for the first time last Monday. Strategy acquired 6,220 Bitcoin (BTC) for $739.8 million during the week ending Sunday, July 20, according to a US Securities and Exchange Commission filing on Monday. Strategy’s new…
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Cryptocurrency investment products posted record-breaking inflows last week as they recorded gains for a 14th consecutive week. Global crypto exchange-traded products (ETPs) recorded $4.4 billion of inflows for the trading week that ended Friday, CoinShares reported on Monday. The inflows came amid Bitcoin (BTC) surging past $122,000 for the first time on July 14, then…
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Update (July 18, 1:30 pm UTC): This article has been updated to correct the number of filed objections to the motion. The FTX creditor community is awaiting a ruling next week that could let the FTX bankruptcy estate freeze payouts to creditors in “restricted countries,” including China. On Tuesday, the US Bankruptcy Court in Delaware…
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Cathie Wood’s investment company ARK Invest has dumped the biggest amount of its spot Bitcoin exchange-traded fund (ETF) following a stock split in mid-June. ARK offloaded 225,742 shares of the ARK 21Shares Bitcoin ETF (ARKB) from its ARK Next Generation Internet (ARKW) on Tuesday, according to a trade notification seen by Cointelegraph. The sale netted…
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Cryptocurrency spot trading declined by another 22% in Q2 2025, extending its slump despite bullish market conditions, according to a new report. After falling from $5.3 trillion in Q4 2024 to $4.6 trillion in Q1 2025, crypto spot trading volumes on major centralized exchanges (CEXs) plunged further to $3.6 trillion in Q2, the crypto analytics…
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