Strategy, formerly MicroStrategy, and the top corporate Bitcoin holder, acquired nearly $765 million of Bitcoin last week. The purchase comes as the company faces a class-action lawsuit. According to a May 19 announcement, Strategy acquired 7,390 BTC for about $764.9 million at an average price just under $103,500. Strategy reported a Bitcoin yield of 16.3% … Read more
Key takeaways: The XRP (XRP) price is flashing warning signs as a bearish technical pattern resolves on lower timeframes, coinciding with massive long liquidations and decreasing open interest. XRP H&S pattern hints at a 14% price drop XRP price action has formed a head-and-shoulders (H&S) pattern on its four-hour chart since May 9, projecting a … Read more
Key Takeaways Strategy purchased 7,390 Bitcoin for $555 million at an average price of $103,498. The company aims to hold $42 billion in Bitcoin by 2027, accumulating 576,230 BTC so far. Michael Saylor’s Strategy on Monday disclosed it had purchased 7,390 Bitcoin between May 12 and 18, investing around $765 million in the acquisition. With … Read more
Against the backdrop of the growing cryptocurrency market, cloud mining is rapidly emerging as a passive income model. DNMiner Cloud Mining Platform has become a leader in the industry with its unique advantages, especially in the mining of XRP and DOGE, showing strong growth potential. How to start DNMiner cloud mining? 1. Register an account … Read more
Strategy has expanded its bitcoin holdings once again, acquiring an additional 7,390 BTC for approximately $764.9 million at an average price of $103,498 per coin, according to Executive Chairman Michael Saylor. Strategy Adds Another Stack of Bitcoin As of May 18, 2025, the firm now holds 576,230 bitcoin, with a cumulative acquisition cost of about … Read more
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In theory, self-custody wallets represent the ultimate form of financial freedom. In practice, they are the reason most people give up on crypto. Losing access, dealing with seed phrases, and navigating confusing … Read more
A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. On May 19, the Australian Financial Review (AFR) reported that the decision arose within a … Read more
SPONSORED POST* After US President Trump took office, he set five cryptocurrencies such as Bitcoin (BTC), Ripple (XRP), and Solana (SOL) as strategic reserves. This means that the era of encryption has arrived. At the same time, PaladinMining, the world’s top cloud mining provider, has recently updated its technology to enable users to withdraw USDC … Read more
El Salvador, the first country to introduce bitcoin as legal tender, has experienced significant success with its cryptocurrency experiment. President Nayib Bukele, a bitcoin enthusiast, has disclosed the revenue that the country has achieved with its “one bitcoin a day” reserve strategy. On social media, Bukele posted an image showing that El Salvador has $357 … Read more
MOODENG is showing strong signs of a potential breakout, with bulls eyeing a possible 85% rally as momentum builds from both technical indicators and increasing whale accumulation. According to data from CoinGecko, the Ethereum-based version of MOO DENG (MOODENG) was up about 15.5%, trading around $0.000050 on May 19, afternoon Asian time. That puts it … Read more