Crypto News
Strategy Holders Might be at Risk From Michael Saylor’s Financial Wizardry
Is Strategy (MSTR) in trouble?Led by Executive Chairman Michael Saylor, the firm formerly known as MicroStrategy has vacuumed up 506,137 bitcoin (BTC), currently worth roughly $44 billion at BTC's current price near $87,000, in the span of about five years. To the casual observer, the company seems to have a magic, unlimited pool of funds from which to draw on to buy more bitcoin. But Strategy acquired a sizable chunk of its stash by issuing billions of dollars in equity and convertible notes (debt securities which can be converted into equity under special conditions), and more recently via the issuance of preferred stock, a type of equity that provides dividends to investors.However, the price of bitcoin has been pushed down...
Bitcoin Price Watch: Traders Brace for Volatility as Bitcoin Tests Support
Bitcoin’s price is currently at $85,288, with a market cap of $1.69 trillion and a 24-hour global trade volume of $30.19 billion. Throughout the past day, bitcoin has traded within a range of $84,784 to $87,723, reflecting a volatile market. Technical indicators across multiple timeframes suggest a prevailing bearish sentiment, with key oscillators and movingSource link
Crypto Market Loses $659 Billion From Peak, Cryptoquant Analysis Shows
The cryptocurrency market has faced a significant drawdown, with the top five cryptocurrencies losing a combined $659 billion since their 2025 peak, according to Cryptoquant and its researchers, cryptoquant.com reports. Ethereum and Solana Lead Losses in Crypto Market Decline, Reports Cryptoquant Ethereum and Solana led the losses, with ethereum’s ( ETH) market capitalization dropping bySource link
CoinDesk 20 Performance Update: Index Declines 4.5% as All Assets Trade Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2616.04, down 4.5% (-123.93) since 4 p.m. ET on Thursday.None of the 20 assets are trading higher.Leaders: BTC (-2.5%) and BCH (-3.6%).Laggards: POL (-8.3%) and SUI (-8.3%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Wirex Travel Launches With Crypto Payments and Booking Rewards
Crypto meets convenience as Wirex Travel debuts with hotel savings up to 65% and 8% cashback, merging digital payments with real-world travel rewards worldwide. Wirex Travel Launches With Rewards for Crypto-Powered Hotel Bookings Digital payments platform Wirex announced on March 27 the launch of Wirex Travel, a hotel booking platform that enables users to paySource link