Category: Crypto Currents
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Strategy Acquires $531.9 Million In Bitcoin, Now Holds 597,325 BTC
Strategy acquires 4,980 Bitcoin for $531.9 million, averaging $106,801 per BTC. The company now holds 597,325 BTC, purchased for $42.4 billion, reinforcing its bullish stance on Bitcoin as a treasury asset.
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Bitcoin hashrate down 15%, 26 firms add BTC to balance sheets: June in charts
Bitcoin adoption rose in June with 26 firms adding BTC to balance sheets, while hashrate dropped 15% due to heat waves. Crypto hacks cost $150M, and Asian regulators eased crypto rules.
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Bitcoin hashrate down 15%, 26 firms add BTC to balance sheets: June in charts
Bitcoin’s hashrate dropped 15% in June due to US heat waves affecting electricity grids. Crypto hacks cost $150M, while 26 firms added BTC to balance sheets. Asian regulators softened crypto stances, and US states advanced crypto legislation.
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Metaplanet Adds $104M in BTC, Testing Limits of Bitcoin Treasury Plan – Decrypt
Japanese firm Metaplanet purchased 1,005 more Bitcoin for $104M, totaling 13,350 BTC worth $1.27B. The company funds acquisitions via bonds and stock rights, raising concerns over financial stability.
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Legendary Bitcoiner Debunks Paper Bitcoin, Sparks Discussion on the Phenomenon – Crypto News Bitcoin News
Adam Back refutes paper bitcoin claims, asserting institutions use custodians for purchases, sparking debate on fake BTC in the market.
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Here’s the One Thing That Could Trigger ‘Very Big Correction’ for Stock Market, According to ‘Big Short’ Investor Steve Eisman – The Daily Hodl
Investor Steve Eisman warns that escalating geopolitical tensions and potential trade wars could trigger a major stock market correction, despite long-term bullishness on the US economy.
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Hacked Iranian crypto exchange Nobitex slowly restores services
Iranian crypto exchange Nobitex is restoring services after a $100M hack by pro-Israel group Gonjeshke Darande. Verified users gain wallet access first, with withdrawals starting June 30. Old wallet deposits risk fund loss.
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Hacked Iranian crypto exchange Nobitex slowly restores services
Iranian crypto exchange Nobitex is restoring services after a $100M hack by pro-Israel group Gonjeshke Darande. Verified users gain wallet access first, with withdrawals starting June 30. Old wallet deposits risk fund loss.
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Metaplanet surpasses Cleanspark with $108M Bitcoin buy
Metaplanet becomes fifth-largest corporate Bitcoin holder with $108M purchase, surpassing Cleanspark. The Japanese firm now holds 13,350 BTC worth $1.45 billion at current prices.
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Metaplanet Enters Top Five Bitcoin Holders List With 13350 BTC, Stock Jumps 10%
Japanese firm Metaplanet becomes a top five Bitcoin holder with 13,350 BTC after purchasing 1,005 BTC for $108.1M. Its stock rose 10% following the acquisition.
