Ether, solana and dogecoin slide as Strategy's bitcoin sales plan pressures market
Bitcoin held below $60,000 as a surging dollar kept crypto pinned. Onchain demand stayed quiet through the week's losses, and Strategy's plan to possibly sell bitcoin added to the caution.
Watchlist
Published in the last two hours. Multiple named entities are involved.
Why this matters
Bitcoin is showing up inside the Memecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CoinDeskRelated market context
Circle burns $250M USDC on Ethereum, issues $910M on Solana
Circle's USDC shift to Solana enhances liquidity and trading conditions, but raises dependency risks if Solana faces disruptions....
Tom Lee's BitMine Adds $43 Million in Ethereum as Strategy Halts Bitcoin Buys
BitMine Immersion Technologies continued adding to its Ethereum stockpile, even as its Bitcoin counterpart Strategy stood pat.
Strategy (MSTR) Raises STRC Dividend, Authorizes $2B in Buybacks, and Unlocks Further Bitcoin Sales
Bitcoin Magazine Strategy (MSTR) Raises STRC Dividend, Authorizes $2B in Buybacks, and Unlocks Further Bitcoin Sales Strategy Inc....
Bitmine Expands Ethereum Treasury To 5.7 Million ETH After Latest Purchase
For more details, visit the official Cryip platform. TL;DR Bitmine Immersion Technologies has expanded its Ethereum treasury to 5,...
MSTR jumps after Strategy says it may sell more Bitcoin to fund dividends and buybacks
Strategy (formerly MicroStrategy) shares rose Monday after the Bitcoin holder moved to reassure investors that it can meet its pre...
Bitmine lifts Ethereum treasury to 5.7 million ETH through ‘challenging’ weekly slide, joins Russell 1000
Bitmine added 27,084 ETH last week, bringing total holdings to 5.70M coins worth $8.9B as the company hits 94% of its 5% ETH suppl...