SEC Chairman Paul S. Atkins just addressed the ongoing SEC Crypto Task Force Roundtable on Financial Surveillance and Privacy by touching on the dual nature of public blockchain technology and the need to balance government oversight with individual privacy rights.

Atkins underscored that public blockchains are “more transparent than any legacy financial system ever built,” with every transaction recorded on a ledger accessible to anyone.

Atkins also said that chain analytics firms are already adept at linking on-chain activity to off-chain identities, warning that, if misapplied, crypto could become “the most powerful financial surveillance architecture ever… Read more on BitcoinMagazine

mNAV, or market net asset value, is a valuation metric that expresses the real-time economic value of a company’s bitcoin reserves. It adjusts the company’s holdings to the current market price of bitcoin, accounts for liquid cash and debt, and factors in share dilution.

mNAV provides a clearer picture of a bitcoin treasury company’s true financial position than conventional accounting standards. It has become the standard tool for evaluating corporate bitcoin strategies because it centers the analysis on bitcoin itself, rather than legacy accounting conventions that can distort value.

Key Takeaways

Real-Time Precision: mNAV reflects the current market value of a… Read more on BitcoinMagazine

Bitcoin extended its weekend slide on Sunday, dropping below $87,000 as a fresh wave of liquidations swept through the crypto market, wiping out roughly $200 million in leveraged positions over the past 60 minutes, per Coinglass data. 

At the time of writing, the bitcoin price stood at $86,751, down about 2% over the past 24 hours, according to market data. 

Trading volume totaled roughly $38 billion, while BTC was down 4% from its seven-day high near $89,935 and hovering just above its weekly low around $87,152.

BTC’s circulating supply currently sits at 19.96 million BTC, with a fixed maximum of 21 million, giving the network a market capitalization of approximately…

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Bitcoin price endured another grim weekend, bleeding from the low-$92,000 range on Thursday to weekend lows near $87,000 as thin liquidity and sell pressure weighed on risk appetite.

The move below $90,000 came during typically illiquid Sunday trading, amplifying downside volatility as traders positioned cautiously ahead of a dense slate of U.S. economic data and central bank events this week.

At the lows, the bitcoin price was down roughly 7% on the month, continuing a choppy consolidation that has defined price action since October’s all-time high, per Bitcoin Magazine Pro data.

Broader crypto markets showed little sign of strength. 

Major altcoins including Solana,…

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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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