Strategy Loads Up On Bitcoin With Another $1 Billion Buy

Strategy, the world’s largest publicly traded bitcoin holder, added nearly another $1 billion worth of BTC last week, marking its second consecutive mega-purchase as bitcoin prices pulled back toward the $90,000 level.

The company acquired 10,645 bitcoin for approximately $980.3 million, paying an average price of $92,098 per BTC, according to a filing released Monday. 

Strategy now holds 671,268 bitcoin, purchased for a total of $50.33 billion, giving it an average acquisition cost of $74,972 per coin.

As with recent purchases, the acquisition was funded primarily through equity issuance. The company raised $888.2 million through sales of common stock, with the remainder…

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Bitcoin Stuck Around $90,000 XRP, Dogecoin Trade Flat While Ethereum Rises 2%

Bitcoin has slipped below $90,000 on Monday morning as investors dial back risk ahead of key macro events this week, including jobs and inflation data.

Bitcoin ETFs saw $49.2 million in net inflows on Friday, while Ethereum ETFs reported $19.4 million in net outflows.

Bitcoin Facing Crucial Resistance

Crypto analyst Michael van de Poppe noted that Bitcoin swept Sunday’s lows, rebounded quickly, closed the CME gap, and is now consolidating at a critical resistance near $90,000.

A clean breakout could trigger a fast move toward $92,000–$94,000 and increase the probability of a push toward $100,000. Failure to reclaim $90,000, however, could open the door to a deeper pullback, making this…

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Bitcoin, Other Cryptocurrencies To Face UK Regulatory Framework By 2027: Report

The UK finance ministry has stated that it will begin regulating cryptocurrency starting from October 2027, according to a report published Monday.

Crypto To Get Regularity Clarity In UK?

The forthcoming law, slated to be presented in parliament later on Monday, is expected to extend existing financial regulations to companies involved in cryptocurrency, Reuters reported.

The draft bill to enact the regulation has undergone only minor changes since its initial publication earlier this year, the report said, citing a ministry spokesperson.

Rachel Reeves, Chancellor of the Exchequer, said that the regulations would establish “clear rules of the road,” increase consumer rights, and keep…

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Satoshi Nakamoto’s Multi-Billion Dollar Bitcoin Fortune At Risk After Quantum Hack? Analyst Counters Eventuality Of Massive Market Crash

Early Bitcoin (CRYPTO: BTC) investors would buy up Satoshi Nakamoto’s stash during a flash crash sparked by a quantum computer hack, cryptocurrency analyst Willy Woo predicted on Sunday.

What Happens After Bitcoin’s Quantum Hack?

Woo responded to an X post by English YouTuber Josh Otten about the potential of a functional quantum computer using Shor’s algorithm to break the encryption protecting Bitcoin’s oldest wallets.

Shor’s algorithm is a quantum algorithm widely believed to have the potential to break encryption systems such as Elliptic Curve Cryptography used to secure Bitcoin wallets.

This, Otten believed, would expose the private keys of Bitcoin creator Satoshi…

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Peter Schiff: Bitcoin Holders Think They ‘Can’t Lose’ With ‘Extraordinary’ Gains Guaranteed, But Market Might Surprise Them

Economist Peter Schiff took a dig at the conviction of Bitcoin (CRYPTO: BTC) holders on Sunday,  suggesting that their expectations might be misguided.

Schiff Questions ‘Overwhelming’ Consensus Among Bitcoiners

In an X post, Schiff challenged Bitcoiners’ supposed conviction that they are guaranteed “extraordinary gains” if they weather the market’s volatility.

“When such an overwhelming consensus develops, markets tend to confound expectations by doing the opposite of what the crowd expects,” the Bitcoin critic added.

See Also: Vanguard Exec Says Bitcoin Is Like ‘A Digital Labubu’

The Counter-Point

The post comes as Bitcoin’s price dropped below $88,000 on Sunday,…

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Dogecoin Sees Spike In Bearish Bets After Price Dips, But Top Analyst Projects 53% Upside For Memecoin If This Happens

Dogecoin (CRYPTO: DOGE) fell overnight Sunday, mirroring a broader cryptocurrency market decline.​

DOGE Gives Up Gains

The dog-themed memecoin fell nearly 2%, with trading volume surging 87% over the last 24 hours.

DOGE appeared poised to end the week on a losing note, reversing gains from earlier in the week.

Interestingly, speculative activity in the coin rose, with open interest in DOGE futures surging 4.64% in the last 24 hours, according to CoinGecko. An increase in open interest, alongside a drop in spot price, typically suggests opening of new short positions, a sign of bearish sentiment.

That said, the percentage of Binance traders positioned long on DOGE increased from 68% to 70%…

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Tether’s Juventus Soccer Club Purchase Rejected By Family Who’s Owned It For 102 Years: ‘Not For Sale’ – EXOR (OTC:EXXRF)

Italy’s Agnelli family, the owners of the popular Juventus Football Club, turned down a purchase offer from stablecoin issuer Tether (CRYPTO: USDT) on Saturday.

Juventus Owners Decline Purchase Offer

John Elkann, CEO of the family’s holding company Exor NV (OTC:EXXRF), asserted in a video address, “Juventus, our history and our values are not for sale.” 

“Juventus has been part of my family for 102 years,” Elkann emphasized. “Over the course of a century, four generations have helped it grow.”

The rejection comes after Tether submitted a binding all-cash proposal to Exor to purchase its entire 65.4% stake in the historic soccer club. The offer, valued at $1.17 billion, was…

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Mark Cuban Called Meme Coins ‘Musical Chairs’ A Year Ago: As 2025 Ends, The Floor’s Dropped From Under Most—Including His Favorite, Dogecoin

Mark Cuban, a Billionaire investor and a vocal Dogecoin (CRYPTO: DOGE) advocate, voiced his skepticism about other memecoins about a year ago, likening them to a “game of musical chairs.”

Cuban Not A Fan Of Meme Coins

During a podcast aired Dec. 17, 2024, Cuban revealed his lack of enthusiasm for meme coins.

“It’s just hustle. There’s no there there, and so it’s like a game of musical chairs with money and some people will make money and some people won’t,” the “Shark Tank” personality said.

Cuban added that for a meme coin project to succeed, it needs to build a community similar to that of Dogecoin.

“If there’s a meme that develops a community so that it’s almost like a…

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IRS Rule Changes, Peter Schiff’s Saylor Criticism And More: This Week In Crypto

It’s been an eventful week in the world of cryptocurrencies. Here’s a quick roundup of the major stories that could impact your investments.

IRS Rule Changes In 2026 Bitcoin, Ethereum, XRP Traders Need To Know About

The IRS has announced new rules for U.S. crypto investors. Starting in 2026, centralized exchanges will have to follow the same cost-basis reporting rules as traditional brokerages, meaning they must report both purchase and sale cost-basis details for every U.S. customer’s digital asset transaction.

Read the full article here.

No, Bitcoin, Ethereum, XRP Traders Don’t Need To List Their Crypto Wallets For The IRS, But…

Despite a viral social media claim, the U.S….

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