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news.bitcoin.com One Week After Selling 32 BTC, Strategy Buys 1,550 More for $101 Million

Strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1.0 billion. Executive Chairman Michael Saylor disclosed the purchase on X on June 8, 2026, sharing the company’s updated reserve figures. The announcement came exactly one week after Strategy’s first disclosed […]

blockonomi.com Over 200 Crypto Groups Urge Senate Clarity Act Vote

TLDR Over 200 crypto companies and groups urged a Senate vote on the Clarity Act. Coinbase, Ripple, Kraken, Circle, and Binance US signed the industry letter. Stand With Crypto said it mobilized nearly 3 million advocates nationwide. The Senate Banking Committee passed the Clarity Act with bipartisan support. Senator Cynthia Lummis confirmed the bill now [...] The post Over 200 Crypto Groups Urge Senate Clarity Act Vote appeared first on Blockonomi.

news.bitcoin.com Bitcoin Punches Back Above $63K as Nasdaq Claws Back 1.3% From Worst Drop in a Year

Bitcoin climbed back above $63,000 Monday morning as institutional buyers stepped in and U.S. lawmakers advanced key crypto legislation, pushing the total digital asset market cap to $2.19 trillion. Institutions Buy the Dip Strategy purchased an additional 1,550 BTC for approximately $101 million, according to data circulating Monday. The move came as bitcoin traded near […]

forklog.media Strategy Acquires 1,550 BTC for $101 Million

Strategy has acquired an additional 1,550 BTC for $101.3 million. The purchase was financed through the sale of 1,409,600 MSTR shares under the ATM program. Strategy has acquired 1,550 BTC for $101 million to increase our $BTC Reserve to ₿845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. $MSTR $STRChttps://t.co/94TmyRWVrs— Strategy (@Strategy) June 8, 2026 According to a report for the U.S. Securities and Exchange Commission, the transactions took place from June 1 to June 7. The average purchase price was $65,332 per coin. Strategy holds 845,256 BTC valued at approximately $53.5 billion. The company's total expenditure on cryptocurrency, including fees and expenses, amounts to $64 billion. The average entry price for the entire portfolio is $75,680. At current levels, the company's unrealized loss is approximately $10.5 billion. Meanwhile, Strategy controls more than 4% of the total Bitcoin supply. A week earlier, Strategy disclosed the sale of 32 BTC for $2.5 million at an average price of $77,135. The company stated that the proceeds were intended for preferred stock payments. BitMine Reserves BitMine Immersion Technologies increased its Ethereum holdings to 5.54 million ETH — the company's largest purchase since the beginning of the year. The firm now controls 4.59% of the total supply of the second-largest cryptocurrency by market capitalization. 1/BitMine provided its latest holdings update for June 8, 2026 $9.6 billion in total crypto + "moonshots": — 5,543,872 ETH at $1,630 per ETH per ETH (per@coinbase)— 203 Bitcoin (BTC)— $200 million stake in Beast Industries @MrBeast — $88 million stake in…— Bitmine (NYSE-BMNR) $ETH (@BitMNR) June 8, 2026 The total value of BitMine's assets, including cryptocurrency and cash, amounted to $9.6 billion. As of June 7, the company holds: 5.54 million ETH; 204 BTC; stakes in Beast Industries ($180 million) and Eightco ($88 million); $247 million in cash. BitMine maintains its position as the largest corporate holder of Ethereum. In the global crypto reserves ranking, the company is second only to Strategy with its 843,706 BTC reserve. Approximately 4.7 million ETH are staked through the company's own platform MAVAN and partner services. The expected annual yield from this activity is $270 million. Bitmine Chairman Thomas Lee noted that the company will continue to acquire coins. In June, Grayscale analysts described Strategy's first Bitcoin sale in a long time as a "stress test" of its financial model.

blockonomi.com MetaMask Debuts Agent Wallet for Autonomous DeFi Access

TLDR MetaMask launched Agent Wallet to enable AI-driven self-custody trading on Ethereum. The wallet supports swaps, perpetual futures, prediction markets, and liquidity provisioning. Every transaction undergoes simulation, threat scanning, and MEV protection before execution. Risky transactions require two-factor authentication approval from the user. Safe transactions qualify for up to $10,000 under Transaction Protection coverage. MetaMask [...] The post MetaMask Debuts Agent Wallet for Autonomous DeFi Access appeared first on Blockonomi.

bitcoinmagazine.com Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC

Bitcoin Magazine Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 32 bitcoin between June 2 and June 7, 2026, at an average cost of approximately $63,911 per coin — inclusive of fees and expenses — for a total outlay of roughly $2.1 million, according to a Form 8-K filed with the U.S. Securities and Exchange Commission. […] This post Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

blockonomi.com UK FCA Proposes 10% Cap for Funds Holding Crypto ETNs

TLDR UK FCA proposes allowing authorized funds to hold up to 10% in crypto ETNs. The consultation forms part of the FCA’s 52nd quarterly paper and closes on July 13. UCITS and most non-UCITS retail schemes would qualify under the proposed framework. Qualified investor schemes would face no allocation cap under the proposal. Long-term asset [...] The post UK FCA Proposes 10% Cap for Funds Holding Crypto ETNs appeared first on Blockonomi.

cryptopotato.com Ripple Price Analysis: Is XRP Ready for a Comeback After Reclaiming Major Support?

XRP remains under pressure on higher timeframes after extending its decline within a broad descending channel. However, the asset is now attempting to stabilize above an important support region while showing early signs of recovery against Bitcoin. The coming sessions could determine whether it can establish a meaningful bottom or continue its longer-term downtrend. Ripple […]

cryptobriefing.com OPEC+ plans small oil output quota hike for July, but the Strait of Hormuz makes it mostly symbolic

OPEC+'s symbolic quota hike highlights geopolitical tensions' impact on oil logistics, underscoring the fragility of global energy supply chains. The post OPEC+ plans small oil output quota hike for July, but the Strait of Hormuz makes it mostly symbolic appeared first on Crypto Briefing.

blockonomi.com Bitmine Buys 126,971 ETH in Largest 2026 Dip Purchase

TLDR Bitmine acquired 126,971 ETH worth about $214 million in one week. The purchase raised total holdings to 5.54 million ETH, valued at nearly $9.3 billion. The firm now controls 4.59% of ether’s circulating supply. Chairman Thomas Lee said the pullback does not reflect Ethereum’s strengthening fundamentals. Bitmine reported about $247 million in cash alongside [...] The post Bitmine Buys 126,971 ETH in Largest 2026 Dip Purchase appeared first on Blockonomi.

cryptopotato.com Megapari Launches World Cup Pass 2026: Choosing Game Pass, Getting Free Bets, and Entering the Prize Draw

[PRESS RELEASE – London, United Kingdom, June 8th, 2026] Megapari is excited to announce the World Cup Pass 2026 promotion, running from June 10 to July 19, 2026, alongside the FIFA World Cup. Players can choose from three levels of game passes to earn free bets for completing tasks and automatically enter a grand prize […]

cryptopotato.com Bitcoin Price Prediction: What Is BTC’s Most Likely Scenario This Week?

Bitcoin continues to trade under heavy pressure after losing several key support levels in quick succession. The recent breakdown has pushed the asset into a significant demand region around $60K, while on-chain data suggests older coins are increasingly moving to exchanges, adding another layer of caution for market participants. Bitcoin Price Analysis: The Daily Chart […]

news.bitcoin.com Tom Lee Says AI Systems Will Lift Ethereum Demand as Bitmine Stacks 5.54M ETH

Bitmine Immersion Technologies now controls 4.59% of the entire ethereum supply after accumulating 5.54 million ETH valued at approximately $9.04 billion at current prices. Holdings Overview The Norwalk, Connecticut-based company disclosed total crypto, cash, and “moonshot” holdings of $9.6 billion as of June 7, 2026. The breakdown includes 5,543,872 ETH at $1,630 per token, 204 […]

blockmanity.com UNDP Launches Blockchain Advisory Group with Ethereum Cardano and Stellar for Global Good

The United Nations Development Programme has started a fresh effort to use blockchain in meaningful ways. It created a new group that brings together major networks like , , and along with 23 other organizations. What the New Group Aims […] The post UNDP Launches Blockchain Advisory Group with Ethereum Cardano and Stellar for Global Good appeared first on Blockmanity.

bitcoinist.com Is Dogecoin Near A Bottom? This Key Metric Is Offering New Clues On The Matter

With heightened bearish pressure continuing to impact Dogecoin’s price action, investors are now discussing and showing concerns about when the meme coin could bottom out. However, a crucial signal has recently emerged from a key metric, suggesting that DOGE’s market bottom may be taking shape. Dogecoin’s Price Bottoming Signal Emerges Dogecoin may witness a slight […]

forklog.media UK’s FCA Proposes Allowing Funds to Hold Crypto ETNs

The UK's Financial Conduct Authority (FCA) has proposed allowing regulated retail investment funds to hold up to 10% of their assets in exchange-traded notes (ETNs) on crypto assets. The regulator deems a higher proportion inappropriate due to the speculative nature of the underlying assets and is not currently considering direct investments by authorized funds in cryptocurrencies.

blockonomi.com Strategy Buys 1,550 Bitcoin for $101M, Holdings Hit 845K BTC

TLDR Strategy purchased 1,550 BTC for about $101.3 million between June 1 and June 7. The company now holds 845,256 BTC, valued at roughly $53.5 billion. Strategy funded the acquisition through at-the-market sales of MSTR shares. The firm recently sold 32 BTC for about $2.5 million to fund STRC dividends. Strategy reported a $1 billion [...] The post Strategy Buys 1,550 Bitcoin for $101M, Holdings Hit 845K BTC appeared first on Blockonomi.

bitcoinmagazine.com Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million

Bitcoin Magazine Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million Strategy resumed its bitcoin accumulation strategy with a $101 million purchase of 1,550 BTC, rebuilding confidence after its first bitcoin sale in years and bringing its holdings to 845,256 BTC. This post Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

cryptobriefing.com US resolution demands Iran provide details on nuclear sites, raising geopolitical risk for crypto markets

Increased geopolitical tensions from US-Iran nuclear disputes could trigger market volatility, impacting crypto assets and investor strategies. The post US resolution demands Iran provide details on nuclear sites, raising geopolitical risk for crypto markets appeared first on Crypto Briefing.

news.bitcoin.com Is Bitcoin Bottoming? MVRV Falls to 1.1, Entering the ‘Cheap Zone’ That Marked Every Major Low Since 2018

Bitcoin has slipped into what analysts call a “cheap zone,” with its market value to realized value (MVRV) ratio falling to 1.1, a 27-month low. A reading of this nature has historically preceded major market bottoms. A Reading Not Seen Since 2023 Cryptoquant analysts noted that bitcoin’s MVRV ratio has dropped to about 1.1, sitting […]

forklog.media Quantum Computing Firms Increasingly Opt for SPACs

Quantum computing companies are increasingly opting for SPACs to go public, as this approach allows them to lock in valuations earlier and disclose financial forecasts, unlike traditional methods. According to Lou Gerken, head of FIGX Capital Acquisition, the share of SPACs among all IPOs in the US rose from approximately 18% in 2024 to 40–45% in 2025 and nearly 60% in 2026. The success of such deals depends on an experienced team, a specialized sponsor, and PIPE financing.

forklog.media Yuga Labs Rescues $500,000 Worth of NFTs

Yuga Labs conducted an emergency operation to extract 68 NFTs from vulnerable Flooring Protocol pools. The assets are temporarily held by the company and are planned to be returned after a resolution is agreed upon with the protocol developers, stated project CEO Michael Figge. We’ve just finished a whitehat operation on an exploit discovered in Flooring Protocol.Now safely in the custody of Yuga Labs:29 bored apes4 mutant apes1 bakc2 cryptopunks1 azuki2 elementals26 captains1 moonbird2 doodles@0xQuit, our VP of Blockchain recovered the…— figge (@mfigge) June 8, 2026 The operation saved the following assets: 29 Bored Ape Yacht Club (BAYC); 2 CryptoPunks; 4 Mutant Ape Yacht Club (MAYC); 1 Bored Ape Kennel Club (BAKC); 1 Azuki and 2 Elementals; 26 Captains; 1 Moonbird; 2 Doodles. Yuga Labs' Vice President of Blockchain, known as 0xQuit, reported that the market value of the extracted tokens exceeds $500,000. The operation also involved a researcher by the nickname coffeedev and the platform GrailsOTC, which provided liquidity for the asset transfer. A Flooring exploit today turned a dust amount of WETH into a near-infinite fpToken balance, allowing the attacker to drain Flooring pools.This led to a followup opportunist scooping up tokens from the now depleted pools and exchanging them for underlying NFTs.1/🧵— Quit (@0xQuit) June 8, 2026 The vulnerability was found in the token accounting logic of the BT404 standard style. Due to integer underflow errors, attackers could create a "phantom ownership" state, gain an unlimited fpToken balance, and deplete liquidity pools. Developers of Flooring Protocol acknowledged that the bug was missed during checks due to overly optimized bit-level code. The project team is currently working on a fix to allow Yuga Labs to safely return the assets to their rightful owners. Market Context The incident occurred amid stagnation in the non-fungible token segment. According to CoinGecko, the total market capitalization is $1.42 billion. Source: CoinGecko. There is a high concentration of capital in the largest collections: CryptoPunks — $546.7 million; Bored Ape Yacht Club — $153 million; Pudgy Penguins — $74.7 million. Back in January, Animoca Brands co-founder Yat Siu dismissed the notion of the NFT market's demise and identified the driving force behind it.

blockonomi.com American Battery Technology (ABAT) Stock Soars 30% as DOE Restores $115M Lithium Refinery Funding

American Battery Technology (ABAT) stock surged 30% after successfully appealing the DOE's grant termination, restoring $115M in funding for its Nevada refinery. The post American Battery Technology (ABAT) Stock Soars 30% as DOE Restores $115M Lithium Refinery Funding appeared first on Blockonomi.

bitcoinist.com China Banned Bitcoin — Then One Of Its Highest Courts Just Ruled It’s Protected Property

China’s Supreme People’s Procuratorate published a landmark case on June 7 in which prosecutors in Qingdao successfully argued that Bitcoin qualifies as legally protected property under the country’s criminal law — sentencing a thief to nearly 11 years in prison for stealing 107 Bitcoin — in a ruling that creates a striking legal contradiction at […]

forklog.media Bernstein Describes Current Bitcoin Cycle as ‘Boring’

The $2.6 billion outflow from US spot bitcoin ETFs since the start of 2026 and the market's 'boring' performance do not undermine the thesis of the leading cryptocurrency as a store of value. This is according to a report by The Block, citing Bernstein. Experts led by Gautam Chhugani noted that the current cycle shows weaker dynamics compared to previous growth periods, yet the market structure remains healthy. They attributed the current volatility to limited liquidity and retail investors' interest in the AI sector, rather than a loss of faith in digital gold. Bernstein acknowledged that in short periods, the asset still correlates with risky instruments. Nevertheless, bitcoin adoption has expanded through institutional platforms, pension funds, and corporate treasuries. According to Glassnode, 61% of the market supply has remained inactive for over a year. Corporate purchases were identified as the main demand driver offsetting ETF outflows. Strategy plays a key role here, having raised $7.5 billion through preferred instruments in 2026 to purchase approximately 100,000 BTC. Currently, the company manages over 818,000 BTC, with the risk of forced sales considered minimal. Meanwhile, Glassnode analysts observed some market pressure: realized capitalization growth has slowed to nearly zero, and the share of supply in profit has decreased to 59.8%. Despite this, Bernstein maintains a bullish outlook. Back in April, Bernstein analysts identified $60,000 as a 'clear bottom' for bitcoin.

news.bitcoin.com One Week After Selling 32 BTC, Strategy Buys 1,550 More for $101 Million

Strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1.0 billion. Executive Chairman Michael Saylor disclosed the purchase on X on June 8, 2026, sharing the company’s updated reserve figures. The announcement came exactly one week after Strategy’s first disclosed […]

bitcoinist.com Bitcoin Crash Says Liquidity Is Dying As May Job Report Comes Back With Staggering Numbers

Bitcoin’s weekend crash below $60,000 can be linked to a deeper meaning relating to the May 2026 jobs report that came in far stronger than expected.  The report from the US Department of Labor shows a resilient labor market, but it also complicated the liquidity that risk assets had been trying to price in, leaving […]

blockonomi.com BTC Drops 16% as $15B Binance Futures Selling Triggers Capitulation Wave

TLDR: Bitcoin dropped 16% this week as aggressive futures selling on Binance dominated price action. Binance recorded nearly $15B in futures sell volume on Friday alone, signaling mass capitulation. Spot Bitcoin ETFs posted $1.75B in net outflows, marking their worst weekly result since April 2025. Analyst Astronomer argues the four-year cycle bottom need not breach [...] The post BTC Drops 16% as $15B Binance Futures Selling Triggers Capitulation Wave appeared first on Blockonomi.