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MicroStrategy’s Saylor Mulls Bitcoin Sales to ‘Inoculate the Market’ MicroStrategy executive Michael Saylor has suggested the company may consider selling portions of its massive Bitcoin holdings as a strategic move to stabilize market conditions. The proposal, framed as an effort to ‘inoculate the market’ against volatility, marks an intriguing shift in how major institutional Bitcoin…
Hyperliquid Whale Holds $38M Bitcoin Short Position A prominent cryptocurrency whale on Hyperliquid exchange is maintaining a $38 million short position against Bitcoin and several altcoins, signaling potential bearish sentiment as BTC struggles to break above $78,000. The whale, operating under the address 0x7fda…c517d1 and known as BobbyBigSize, has generated $159 million in profits over…
US Appeals Court Finalizes Forfeiture of Silk Road Bitcoins In a recent development, a US appeals court has officially confirmed the forfeiture of Silk Road Bitcoin which amounts to a total of 69,370 bitcoins and other cryptocurrencies tied to the infamous Silk Road dark web marketplace. The court mandate solidifies the initial judgment made in…
