Strategy Is Aggressively Buying The $94k Bitcoin Cra

Amid a wave of panic in crypto markets, rumors surfaced Friday that Strategy (MSTR) was selling its bitcoin holdings as both BTC and MSTR stock tumbled. 

Executive Chairman Michael Saylor quickly dismissed the chatter, telling CNBC, “We are buying bitcoin,” and promising that the company’s next purchases will be reported Monday. He added that Strategy is “accelerating [its] purchases” and suggested investors could be “pleasantly surprised” by recent activity.

The rumors stemmed from on-chain movements showing BTC leaving company-controlled wallets, coinciding with a brief drop in bitcoin below $95,000, its lowest level in roughly six months. 

Saylor, however,…

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Bitcoin Price Crashes To $94,000, New Six-Month Lows

Bitcoin price fell sharply today, sliding from an intraday high of $104,000 to $94,480, wiping out earlier gains and marking a decisive breakdown in price action.

Twelve hours ago, the Bitcoin price hit above $100,000 and then consistently bled down from the upper $101,000s to lows of $94,480.

Ethereum dropped below $3,100 at times and crypto stocks like Coinbase ($COIN) and Strategy ($MSTR) are trading in the red in pre-market trading. 

Also, the Bitcoin Fear and Greed Index has plunged to a new “Extreme Fear” low, signaling deep market anxiety even as long-term holders stay the course.

The price dropped to these levels after weeks of weakening demand, heavy long-term holder…

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LATEST: Aave Launches Zero-fee Stablecoin Ramps Across Europe Following MiCA Framework Approval

Aave Labs has secured authorization under Europe’s MiCA framework, becoming one of the first major DeFi projects to operate a regulated fiat-to-crypto service across the EEA. The approval, issued by the Central Bank of Ireland to Aave’s subsidiary Push Virtual Assets Ireland Limited, allows users to convert euros directly into crypto assets, including Aave’s native stablecoin GHO, with zero listed fees.
Ireland is quickly emerging as a key hub for compliant crypto services, following similar MiCA approval recently granted to Kraken. The development arrives as global stablecoin supply exceeds $300 billion, highlighting rising demand for regulated, fiat-linked digital assets across Europe.
Aave Labs said the Push service will provide a transparent, audited on- and off-ramp designed to ease dependence on centralized exchanges. With Aave processing over $542 million in 24-hour volume and more than $22.8 billion borrowed across its lending pools, the ability for a DeFi-native protocol to run a compliant fiat bridge marks a major milestone for mainstream crypto adoption.

Source

Non-Custodial Cross Blockchain Exchange For Bitcoin And Stablecoins 

Lendasat, a Bitcoin-native peer-to-peer lending platform, announced today the launch of Lendaswap, an atomic swap exchange enabling instant, non-custodial trades between Bitcoin and stablecoins across Ethereum and leading EVM-compatible chains.

Powered by the Arkade protocol, Lendaswap uses HTLC-based atomic swaps — a technology similar to that of the Lightning Network — to deliver a seamless experience for anyone looking to swap BTC and stablecoins “without giving up self-custody, creating accounts, or relying on wrapped tokens,” according to a press release shared with Bitcoin Magazine. 

Lendaswap will support Ethereum and Polygon at launch, with planned expansion to…

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Dogecoin Looks Back To The Time When Only Moms Accepted It, Charts Progress To Now With DOGE Emerging As Institutional Asset

Dogecoin (CRYPTO: DOGE) highlighted on Thursday its evolution from a “joke” to a serious cryptocurrency now featured in U.S. index cryptocurrency funds.

This Meme Is Serious

Dogecoin’s official X handle took users on a nostalgic trip, recalling the days when the memecoin was seen as just a “joke,” while other cryptocurrencies were “clamoring” to get listed on exchanges and attract major investors.

“Now listen and you’ll hear things like ‘…Including the top 10 worldwide cryptos, such as Dogecoin…’”, the account said.

DOGE Included In Crypto Index Funds

The remark was in reference to 21Shares launching its first exchange-traded funds tracking the price of a basket of…

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Bitcoin Price Crashes Below $98,000 To 6-Month Low

Bitcoin price fell sharply today, sliding from an intraday high of $104,000 to $98,113, wiping out earlier gains and marking a decisive breakdown in price action. 

Starting in morning trading, the Bitcoin price consistently bled down from the upper $102,000s to lows of $97,870.

According to Bitcoin Magazine Pro data, the last time Bitcoin price was near these levels (sub $98,000) was in early May — roughly May 8 depending on time zone. Bitcoin price vaulted above $100,000 for over 40 days after that before dipping back to $98,000 in late June.

One possible reason why the bitcoin price is long-term holders that are unloading at record levels. Data from CryptoQuant shows…

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LATEST: Czech Central Bank Adds $1 Million In Bitcoin To Strengthen Its National Reserves

Breaking momentum in Europe’s financial sector, the Czech National Bank (CNB) has purchased $1 million in digital assets — including Bitcoin, a USD-backed stablecoin, and a tokenised deposit — as part of a controlled test portfolio held outside its official reserves. The move positions the CNB among the first central banks actively experimenting with crypto and blockchain-based financial instruments.

Framed as a research initiative, the project aims to assess the technical, operational, and regulatory demands of managing digital assets. Bank officials emphasise that this is not a shift toward adding Bitcoin or other cryptocurrencies to the nation’s formal reserves, but rather a forward-looking effort to understand emerging financial technologies that could shape future global markets.

Findings from the experiment will be published over the next two to three years, offering valuable insights for both regulators and industry players as tokenised assets and blockchain-based payments continue gaining traction.

Source

Bitfarms (BITF) To Exit Bitcoin Mining, Pivot To AI

Bitfarms, one of North America’s largest Bitcoin miners, announced it will gradually wind down its mining operations over the next two years. 

The company plans to shift its focus to high-performance computing (HPC) and artificial intelligence (AI) infrastructure.

The move reflects a broader trend among crypto miners. Falling Bitcoin prices and shrinking profit margins are pushing operators to explore more stable revenue streams. Bitfarms’ Toronto-based operations will increasingly target GPU-as-a-Service offerings and cloud computing solutions.

The company’s Washington State facility will be its first fully converted site. The 18 MW mining farm will be retrofitted to…

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Financial optimism is winning – Blockworks

This is a segment from The Breakdown newsletter. To read full editions, subscribe.

As recently as a couple of years ago, investing was in a pessimistic place.

Techno-optimist Kevin Kelly worried that “we’ve stopped making big things.”

Big Tech was pilloried for using immense profits to buy their own shares instead of building new things. 

Ben Thompson’s Stratechery sounded more like a legal blog than a tech one, with his daily commentary dominated by the latest in anti-trust news.

Happily, that seems like ancient history now. 

Ben Thompson seems to have some new, wildly ambitious tech venture to write about nearly every day: data centers in space, x-ray…

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Lava Abandons Self-Custody Amidst Fund Raise, Sparking Controversy

Lava, the Bitcoin-backed loans software company, sparked controversy among Bitcoin CEOs recently, after a series of announcements following a $200 million fundraise. The company, led by Shehzan Maredia, had previously been marketed as a self-custody wallet and platform, mirroring the functionality of DeFi or decentralized finance products. The new update to the Lava app changed the custody model to a fully custodial and trusted fintech platform, raising questions about the lending company’s legal status. 

The announcement about the fund raise drew the attention of Bitcoin industry leaders, who raised questions about the nature of the investment and the implications of the…

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