CryptoQuant says the cash cushion behind Strategy’s STRC has thinned from seven years of coverage to 14 months, and buying BTC at cycle tops has left the company with a $10.6 billion paper loss.
The real reason why crypto is down as BTC USD breaking support while ETH got slammed by cascading liquidations. Nikkei? The post Crypto News, June
Ripple has secured preliminary CASP approval from Luxembourg, but XRP itself is pinned at $1.10 price level. Can it break on the news? The post
Bitcoin price fell from $66,000 to $62,000 in an ugly morning, yet it keeps experienced traders hedging. Are longers cathing a falling knife? The post
Grayscale’s Zach Pandl warns Strategy’s $15.5B preferred stack and $1.5B annual dividend load could compel repeated Bitcoin sales, undermining Saylor’s accumulation thesis. The post Is
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