Coindesk

Strategy (MSTR) has added 6,556 bitcoin (BTC) to its balance sheet, spending $555.8 million in the process, according to a regulatory filing published on Monday.The purchase was funded using proceeds from the company's two at-the-market (ATM) stock offering programs, the filings notes. The firm, the largest corporate holder of bitcoin, sold 1.76 million shares of its Class A common stock and over 91,000 shares of a preferred stock series — STRK - between April 14 and April 20.The common stock sale brought in $547.7 million, while the preferred shares added another $7.8 million. The latest acquisition boosts Strategy’s total holdings to 538,200 BTC, purchased at an average price of $67,766 per coin.The Michael Saylor-led company has spent $36.47 billion...

By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin's censorship-resistant, decentralized setup empowers individuals by facilitating peer-to-peer transactions without government interference or corporate control.You’ve probably heard that from a Bitcoin maxi many times.It's an idea that resonates even more strongly today in light of reports that President Donald Trump is exploring ways to remove Jerome Powell, the chair of the Federal Reserve, which is the world's most powerful central bank.National Economic Council Director Kevin Hassett talked about Trump's intentions Friday and markets responded early Monday by selling the dollar and the U.S. stock futures. The Dollar Index, which tracks the currency's exchange rate against major fiat currencies, slipped to a three-year low of 98.00 while gold touched new highs above $3,400 per...

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin's (BTC) recent range play resolved bullishly early Monday, shifting focus to the $90,000-$92,000 range, which was previously a strong support zone.The leading cryptocurrency by market value rose past $87,000, convincingly breaking out of a week-long consolidation between $83,000 and $86,000. The renewed willingness among the bulls to lead the price action indicates the resumption of the recovery from the April 7 lows under $75,000.It also means potential for a continued move higher to the $90,000-$92,000 range, which acted as the floor, arresting price drops from December to early February. The support zone was eventually breached in late February, spurring a rapid decline to under $75,000.The...

Circle, the firm behind the $60 billion USDC stablecoin, is launching a new payments and cross border remittance network on Tuesday — the company’s “next product move” — from its plush New York City headquarters, high on the 87th Floor of One World Trade Center.The launch event is aimed at banks, fintechs, payment service providers, remittance providers and USDC strategic partners. It will feature Circle CEO Jeremy Allaire sharing his vision for the stablecoin giant’s next move within the payments space, according to an invite seen by CoinDesk.New and incipient regulations around the globe are opening up the stablecoin space, where Circle has shared the limelight with larger rival Tether. It makes sense then that Circle — a firm that...

Publicly-listed Metaplanet announced fresh bitcoin (BTC) purchases on Monday as BTC went above $87,300, reversing last week’s loses.Metaplanet picked up 330 BTC bring its overall holdings to 4,855 BTC, worth over $420 million, based on current prices.This is the Japanese firm's third bitcoin purchase this month, even as broader markets reel from tariff concerns amid a general lack of optimism. Earlier this month, Metaplanet became the tenth-largest public holder of BTC.However, Metaplanet is not the only Japanese firm raking up bitcoin.Fashion brand ANAP Holdings purchase approximately 16.6591 BTC, valued at around 200 million yen (approximately $1.4 million), last week.The holdings will be overseen by its subsidiary, ANAP Lightning Capital. The company plans to conduct quarterly market value assessments of its...