Crypto News
Luxury Brokerage Christie’s Allows Buyers to Purchase Real Estate With Crypto: NYT
Christie’s International Real Estate has launched a dedicated division to facilitate real estate transactions conducted entirely in cryptocurrency, the New York Times reported on Thursday. Spearheaded by Aaron Kirman, CEO of a Christie’s-affiliated firm in Los Angeles, the initiative follows several high-profile deals, including a $65 million Beverly Hills transaction where crypto was used exclusively.The new division comprises legal, financial, and crypto experts to handle peer-to-peer transactions without reliance on banks. The goal is to enable high-end buyers and sellers — often seeking privacy — to use digital assets seamlessly for real-world property acquisitions.With roughly 14% of Americans owning crypto, Kirman projects that digital currency could represent over a third of U.S. residential real estate deals within five years.The use...
CoinDesk 20 Performance Update: Solana (SOL) Drops 4.2%, Leading Index 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 3943.11, down 2.0% (-80.67) since 4 p.m. ET on Thursday.Five of 20 assets are trading higher.Leaders: BCH (+7.2%) and HBAR (+3.6%).Laggards: SOL (-4.2%) and XRP (-3.7%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Strategy Targets Massive Bitcoin Buy With $2.5B Offering Set to Close Within Days
Fueled by a $2.47 billion stock raise, Strategy is preparing for another major bitcoin acquisition, reinforcing its aggressive bet on the crypto’s long-term market supremacy. Strategy Eyes Another Huge Bitcoin Allocation Pending $2.47B Raise Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, is positioning itself for another substantial bitcoin acquisition. On JulySource link
NEAR Rallies 6.9% as Bulls Reclaim Control After Overnight Selloff
NEAR Protocol bounced 0.7% between 11:10 and 12:09 UTC on Thursday, erasing a brief $2.77 dip in a volatile trading window marked by sudden institutional inflows. The token whipsawed from $2.79 to $2.77 before reclaiming session highs, highlighting a two-phase move characterized by consolidation near $2.78, followed by a selloff and swift recovery.The rebound was triggered by a sharp uptick in volume, with more than 123,000 units traded after 12:01, breaking through resistance levels and signaling potential accumulation by large players. The move capped a broader 6.9% rally from $2.61 overnight support to a $2.79 close during the July 24–25 trading window, fueled by increased volatility and revived bullish sentiment.Analysts view the surge as a potential setup for a test...
Billions in Bitcoin Sold on Exchanges as Liquidations Top $500 Million
Bitcoin drops 1.8% as Galaxy Digital and others move $3.7B worth of BTC to exchanges, triggering massive selling pressure and liquidations.Source link