Strategy shares associated with Saylor's Bitcoin investment are experiencing a decline, as stock prices drop and premium value disappears.
In the ever-evolving world of technology and cryptocurrency, there's never a dull moment. Here's a roundup of some recent developments that have caught our attention.
Hackers take advantage of FBI's botnet takedown targets, creating a stronger cyberweapon
In a concerning turn of events, hackers have reportedly seized the FBI's botnet takedown targets and used them to build a more potent cyberweapon. This underscores the importance of robust cybersecurity measures in the digital age.
PEPE 2.0: The next meme coin to watch?
Experts are buzzing about a new meme coin, PEPE 2.0. Could this be the next big thing in the world of cryptocurrency? Only time will tell.
Ether-backed treasury companies commit billions
Ether-backed treasury companies have already pledged over $19 billion, a significant move that demonstrates growing confidence in the Ethereum network.
BYD's value plummets due to EV doubts
China's EV dominance is being questioned, with BYD losing a staggering $45 billion in value. This drop in value raises concerns about the future of the EV market.
MicroStrategy's Bitcoin buy and Strategy's financial struggles
MicroStrategy bought $1.9 billion worth of Bitcoin at the end of March 2025, increasing its total holdings to 528,185 BTC. However, the company's financial struggles, including a 15% drop in stock price this month, are causing ripples in the industry.
Strategy's stock and its connection to Bitcoin
Strategy's stock has stopped trading on earnings and now mirrors the company's crypto holdings. This unique approach has not been without controversy, with some investors viewing the sale of nearly 900,000 new shares in August as a breach of trust.
A costly mistake and a MEV bot
A user lost $1M USDC to a MEV bot after a mistaken transaction, serving as a reminder to always double-check before executing crypto transactions.
Business model changes and a drop in mNAV
A UAE crypto exchange has changed its business model, while the mNAV multiple has dropped to 1.57, lower than its previous levels.
Monero's double-spending threat
Monero's double-spending threat has grown after a block reorganization, a potential issue that the cryptocurrency community is closely monitoring.
Pi Network's final Testnet1 upgrade
Pi Network is undergoing a final Testnet1 upgrade ahead of its mainnet transition, a significant step for the cryptocurrency.
Solana's backing and Pump.Fun streams
Solana creators have received $19.3M from Pump.Fun streams, and Pantera Capital has backed Solana with a $1.1B bet, aiming for a $750K Bitcoin price.
Santander's Openbank enters the crypto market
Santander's Openbank is rolling out Bitcoin, Ether, and more for European users, marking another traditional financial institution's entry into the crypto market.
XRP and Dogecoin ETFs on the horizon
XRP and Dogecoin ETFs are set to launch this week, providing new investment opportunities for crypto enthusiasts.
Michael Saylor's business model under pressure
Michael Saylor's business model is facing pressure due to Strategy's financial struggles, a development that could have wider implications for the crypto industry.
Larry Ellison's diverse ventures
Larry Ellison, the co-founder of Oracle, has multiple ventures in motion, including OpenAI, Paramount, Warner Bros., and TikTok.
Nvidia's stock drop and China's accusations
Nvidia's stock has dropped by 3% due to China accusing it of breaching anti-monopoly law. This allegation could have significant implications for the tech giant.
Struggles not unique to Strategy
Almost a third of public companies with Bitcoin on their balance sheets now trade below the value of those holdings, a reminder that the crypto market is inherently volatile.
Next Technology's Bitcoin purchase plan
Next Technology is planning a $500M common stock offering to buy more Bitcoin, a move that reflects the continuing interest in the world's most popular cryptocurrency.
Pantera Capital's Bitcoin price prediction
Pantera Capital has backed Solana with a $1.1B bet, aiming for a $750K Bitcoin price. This ambitious prediction underscores the optimism some investors still hold for the future of Bitcoin.
