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Bitcoin treasury model tested as Strategy sells 3,588 BTC
Bitcoin (BTC) briefly dropped below $63,000 on Monday after Strategy announced it sold 3,588 BTC from its corporate treasury, raising approximately $216 million.
Bitcoin
Fxstreet
Mon, Jul 6
Trump-backed American Bitcoin buys 500 BTC for $30M as Saylor offloads
American Bitcoin has bought 500 BTC for more than $30 million, lifting its treasury to around 8,000 BTC. Also, Strive continues to add to its own stack, while Michael Saylor’s Strategy just informed regulators it has sold 3,588 Bitcoin to fund dividend payments. A few weeks ago, Strategy, which is the largest corporate holder of...
Cryptopolitan
Mon, Jul 6
Why's Terawulf stock surging today?
TeraWulf (NASDAQ: WULF) shares jumped 17% on Monday after the former Bitcoin miner announced it had signed a 20-year lease with Anthropic. The company expects to bring in roughly $19 billion from the deal. This deal hands one of the most closely watched AI-infrastructure players a marquee tenant and two decades of contracted revenue. WULF...
Cryptopolitan
Mon, Jul 6
China pulls 14,000 AI products offline even as it races the US for the lead
China’s internet regulator revealed that it has removed more than 14,000 AI products from the country’s networks in the opening phase of a cleanup campaign. Beijing is tightening domestic control of AI in order to protect users from platforms with weak safety policies and regulatory standards. How is China protecting users from AI? The Cyberspace...
Cryptopolitan
Mon, Jul 6
Trump Bitcoin Conference Keynote Puts Crypto Policy Back In The Political Spotlight
Donald Trump’s scheduled keynote at the Bitcoin Conference in Nashville puts crypto policy back on the main political stage at a time when digital assets are becoming a louder campaign issue. TL;DR This article was written by the News Desk
NewsBTC
Mon, Jul 6
SpaceX gifts stock to Trump Accounts while Trump doubles down on the stock market
Gwynne Shotwell, the president of SpaceX (NASDAQ:SPCX), said on Monday that she will give away company stock to help fund the new Trump Accounts program, adding her name to a growing line of companies and rich business owners who are backing the children’s savings plan. The gift comes from stock owned by Shotwell and her...
Cryptopolitan
Mon, Jul 6
Sui DeFi TVL Breaks $1 Billion As Move-Based Chains Fight For Liquidity
Sui has crossed the $1 billion total value locked mark on DeFiLlama, giving the Move-based network a clearer claim to serious DeFi liquidity. TL;DR This article was written by the News Desk and edited by Samuel Rae .
NewsBTC
Mon, Jul 6
SUI tops the list as $1.4 billion in tokens unlock this week
Token unlocks top $1.4 billion this week, with SUI leading at $62.68 million across ten major crypto projects.
Cryptopolitan
Mon, Jul 6
Tether’s Alloy Launch Shows Stablecoins Are Moving Beyond Plain Dollars
Tether has launched Alloy, a synthetic dollar product backed by Tether Gold, in a move that pushes the stablecoin issuer further beyond simple dollar tokens. TL;DR This article was written by the News Desk and edited by Samuel Rae .
NewsBTC
Mon, Jul 6
Microsoft cuts 4800 jobs, lays off more than 2% of its workforce
Tech giant Microsoft has confirmed that it is eliminating around 4,800 roles, which is about 2.1% of its global workforce. The job cuts land the hardest on its Xbox gaming and commercial sales teams, the company told staff on Monday. The layoffs were confirmed in an internal memo from Amy Coleman, Microsoft’s chief people officer....
Cryptopolitan
Mon, Jul 6
SEC And CFTC Margining Review Could Matter For Crypto Derivatives Desks
The SEC and CFTC are asking for public comment on portfolio margining harmonization, a dry-sounding regulatory move that could still matter for institutions trading across crypto-adjacent derivatives markets. TL;DR This article was written
NewsBTC
Mon, Jul 6
Kraken Adds Bittensor Trading As AI Tokens Keep Pulling Exchange Attention
Kraken has added spot trading support for Bittensor’s TAO token, giving one of the most closely watched decentralized AI assets a larger regulated exchange venue. TL;DR This article was written by the News Desk and edited by Samuel Rae .
NewsBTC
Mon, Jul 6
Tom Lee's Bitmine buys 42,197 ETH worth $74m
Bitmine Immersion Technologies added 42,197 ETH to its treasury last week for about $74 million, lifting the company’s Ethereum holdings to 5.74 million ETH and moving the company even closer to reaching its stated goal of owning 5% of all ETH in circulation. The new ETH purchase, disclosed in a Monday briefing on July 6,...
Cryptopolitan
Mon, Jul 6
Cardano Node 9.0.0 Release Puts Chang Hard Fork In The Final Stretch
Cardano has reached one of the final technical checkpoints before the Chang hard fork, with node version 9.0.0 now released by IntersectMBO. TL;DR This article was written by the News Desk and edited by Samuel Rae .
NewsBTC
Mon, Jul 6
Russia's Sberbank to launch crypto wallet before end of year
Russia’s largest bank, Sberbank has stated its plans to add a crypto wallet for digital assets to its banking apps by December. First deputy chairman Kirill Tsarev told local outlet RBC today in a move that pulls the bank into a market that has been relatively suppressed by Moscow for years. The launch of the...
Cryptopolitan
Mon, Jul 6
Saylor's Strategy sold 3,588 Bitcoin worth $216 million as it moved to bolster liquidity and fund dividends.
Bitcoin whale Strategy (MSTR) last week sold 3,588 Bitcoins for $216 million from June 29 to July 5, 2026, with the cash used for payments related to its preferred stock and to replenish some of its dollar reserves. The company did not buy any shares through its repurchase plans during that same period, according to...
Cryptopolitan
Mon, Jul 6
Vitalik Buterin Pushes For Ethereum L2 Fee Reform As Wallet Fragmentation Grows
Vitalik Buterin is again pressing on one of Ethereum’s most awkward user-experience problems: Layer 2 networks may be cheaper than mainnet, but the wider ecosystem still feels fragmented, unpredictable, and too hard for normal users to navigate. T
NewsBTC
Mon, Jul 6
21Shares Solana ETF Filing Turns SOL Into A Crowded Institutional Race
The Solana ETF race is no longer a one-issuer experiment. 21Shares has filed an S-1 registration statement for a Solana trust, adding another major name to the push for regulated SOL exposure in the United States. TL;DR This article was wri
NewsBTC
Mon, Jul 6
Paxos BUSD Case Closure Gives Stablecoin Issuers A Rare Regulatory Relief Signal
Paxos says the SEC has ended its investigation into BUSD without recommending an enforcement action, giving the stablecoin sector a rare piece of regulatory relief in the United States. TL;DR This article was written by the News Desk and ed
NewsBTC
Mon, Jul 6
Ripple Price Forecast: XRP extends correction as downside risks intensify
Ripple (XRP) sustains losses on Monday, edging lower toward the short-term $1.10 support.
XRP
Fxstreet
Mon, Jul 6
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