Technique sells 3,588 Bitcoins for $216 million in dividends
Michael Saylor’s technique bought 3,588 Bitcoin (BTC) to fund most well-liked inventory dividend funds and replenish money reserves.
In keeping with a report on Monday, Technique bought Bitcoin for $216 million, decreasing its whole holdings to 843,775 Bitcoin. 8-K filing Cooperation with the U.S. Securities and Alternate Fee.
This consists of 1,363 Bitcoins bought from Monday to Tuesday of final week at a mean worth of $59,256 and a couple of,225 Bitcoins bought from Wednesday to Sunday at a mean worth of $60,773.
Technique disclosed the sale of 32 Bitcoins in early June, the primary reported Bitcoin sale because the loss commerce in 2022.
Earlier than Technique revealed its newest Bitcoin sale, Bernstein mentioned it was unlikely the corporate can be pressured to promote its holdings, citing its liquidity state of affairs and money reserves.
Bernstein’s report mentioned Technique has 17 months of money to cowl dividend obligations and curiosity funds. The corporate continues to be a purchaser of Bitcoin, including that it’s appearing as a powerful “balancing drive” in a market the place main US Bitcoin miners have turn into sellers as a result of pivot to AI.
Donald Trump says there’s ‘nothing unsuitable’ with $1.4 billion in cryptocurrency windfall throughout his tenure
US President Donald Trump has responded to criticism over his 2025 monetary disclosure, revealing that he obtained $1.4 billion in revenue from cryptocurrency-related ventures whereas in workplace.
In an interview Thursday with CNBC’s Joe Kernen, President Trump mentioned said He mentioned there was “nothing unlawful” or unsuitable about taking advantage of cryptocurrency investments whereas president. He claimed different individuals had been chargeable for his investments and that he “does not even know who they’re,” and didn’t straight reply questions on what seemed to be a battle of curiosity as president.
Trump’s feedback adopted the discharge of the U.S. Workplace of Authorities Ethics’ 2025 Monetary Disclosure Report, which confirmed he earned greater than $2 billion from his companies and investments, about $1.4 billion of which was tied to crypto initiatives comparable to Memecoin and his household’s platform, World Liberty Monetary. Many advocacy teams characteristic The funding is supposed as a “legacy” that may enable the president to affect associated laws, such because the Digital Asset Market Transparency (CLARITY) Act.
Trump revealed that his meme coin generated about $636 million, World Liberty’s gross sales generated about $588 million, and his stablecoin enterprise’s stake generated $197 million.
US senator requires ban on elected officers issuing meme cash
Sen. Kirsten Gillibrand, one of many U.S. lawmakers main negotiations on the Digital Asset Market Construction Act in Congress, has proposed banning elected officers and presidents from issuing or sponsoring their very own tokens, citing President Donald Trump and first woman Melania Trump’s meme cash.
On Friday’s discover, Gillibrand said It argued that Congress ought to help a measure that may prohibit elected officers and their spouses from “issuing or sponsoring their very own digital property.” The New York lawmaker mentioned the proposed restrictions would come with any U.S. president and his or her partner, however didn’t particularly point out extending the availability to the workplace of the vp or his or her household.
“This can be a common sense requirement that ought to have broad bipartisan help, and public servants and their spouses shouldn’t be minting meme cash,” Gillibrand mentioned. “We can’t enable self-dealing to undermine our alternative to strengthen client protections, crack down on illicit finance, and develop financial alternative for the hundreds of thousands of Individuals left behind by our monetary system.”
Vitalik Buterin shares high priorities of recent “Lean Ethereum” straw map
Ethereum co-founder Vitalik Buterin has listed quantum resilience, scalability, and privateness as three of Ethereum’s high priorities below a brand new “Lean Ethereum” straw map that units out the community’s technological course for the remainder of the last decade.
In a put up on Saturday’s X, Buterin mentioned: said The gathering of upgrades might be rolled out over the following three to 4 years and can affect almost each layer of Ethereum, in a change comparable in scale to the September 2022 merger that moved the community away from energy-intensive mining.
“Quantum security has turn into a a lot increased precedence,” he mentioned, including that perfecting the Blob’s quantum-safe resolution “has turn into extra pressing.” Buterin mentioned enhancing privateness was additionally a precedence, making it a “first-class purpose.”
Danclad Feist, the previous Ethereum Basis researcher behind the payments-focused Layer 1 Tempo blockchain, praised the brand new plan however argued that the three- to four-year timeline is just too gradual and mentioned AI might assist builders ship upgrades inside a yr.
Monetary corporations be a part of forces for USD stablecoin to protect reserve revenue
Greater than 140 corporations have reportedly signed on to the USD-pegged stablecoin challenge, which is able to enable them to “obtain the entire proceeds” from the reserve.
With Tuesday’s discover, open requirements said The corporate had launched the Open USD (OUSD) stablecoin, a USD-pegged coin that’s supported by monetary corporations comparable to Visa and Mastercard, in addition to cryptocurrency corporations comparable to Coinbase, Ripple, OKX, and Bybit. The challenge will enable companies to mint OUSD “totally free and with out synthetic amount limits” and safe income from their coin reserves.
“When Visa, Stripe, Mastercard, Coinbase, and Google collaborate on a brand new stablecoin, the sign is unmistakable,” mentioned Will Harborne, co-founder and CEO of Rhino.fi. “Open USD is the primary launch with an actual probability to seize share from USDT and USDC, as a result of the reserve income is funneled again to everybody who holds it. However that very same incentive drives large fragmentation.”
Because the week continued, a few of the signatories denied making agency commitments to the consortium.
winners and losers
As of the weekend, Bitcoin (BTC) was at $64,039, Ether (ETH) was at $1,798, and XRP (XRP) was at $1.14. In keeping with CoinMarketCap, the market capitalization will attain $2.12 trillion.
Among the many high 100 cryptocurrencies, the highest three altcoin winners this week are MemeCore (M) with 105%, Lighter (LIT) with 39%, and ether.fi (ETHFI) with 29%.
The highest three altcoin declines this week are Venice Token (VVV) -13%, Steady (STABLE) -10%, and Audiera (BEAT) -5%.
This week’s high predictions
Bollinger Bands creator focuses on finish of Bitcoin bear market, ‘W’ formed reversal
John Bollinger, creator of the Bollinger Bands volatility indicator, believes he has witnessed a “W”-shaped double-dip for BTC/USD on the chart.
“USD BTC is breaking a collection of bullish patterns, proof of the energy of the downtrend,” he mentioned. commented Friday with X posts.
Will this “W” break this development?
A “W” formed reversal includes two swing lows throughout which the rebound is rejected, and the worth ultimately breaks by that rejection degree to kind a brand new uptrend.
Bollinger has been bullish on BTC for a while. In early Might, he Revealed new lengthy place By way of his Bitcoin funding car.
as Cointelegraph reportedextra worth indicators are flashing indicators not seen because the final bear market in 2022. However, market members broadly imagine that the following macro backside isn’t but right here and might be. Scheduled for third quarter onwards.
This week’s high FUDs
Tim Draper says attribution of Arkham Bitcoin pockets was ‘unsuitable’
Tim Draper, a billionaire investor and longtime Bitcoin bull, mentioned blockchain evaluation agency Arcam incorrectly linked him to a pockets concerned in an enormous Bitcoin switch to Coinbase Prime.
“It wasn’t me. I didn’t contact it. Arkham is unsuitable,” Draper instructed Cointelegraph, including that he nonetheless expects Bitcoin to achieve $250,000 inside a yr.
This assertion got here after blockchain analytics platform Lookonchain. reported On Friday, it introduced {that a} pockets “probably linked” to Draper had transferred 1,000 Bitcoins value roughly $62 million to Coinbase Prime. quotation Knowledge from Arkham.
Draper is finest recognized within the cryptocurrency group as one of many early and distinguished traders in Bitcoin. won Roughly 30,000 bitcoins that U.S. authorities seized from Silk Street-related property in 2014 had been put up for public sale by the U.S. Marshals Service. The holdings are at the moment value $1.9 billion, that means Draper’s sale might have a serious affect on Bitcoin.
Bitcoin revenue/loss ratio drops to 43-month low
In keeping with blockchain evaluation platform CryptoQuant, Bitcoin’s realized revenue/loss ratio has fallen to -0.35, a 43-month low, indicating excessive losses throughout the market, however traditionally coinciding with market bottoms.
Bitcoin’s realized revenue/loss ratio, which measures Bitcoin’s (BTC) internet revenue or loss as a share of its whole provide, hasn’t been this low since December 2022, simply after FTX’s stunning collapse and Bitcoin fell under $16,000.
“Traditionally, this indicator has marked BTC bottoms with very excessive accuracy” CryptoQuant said on Thursday. In 2015 and 2019, Bitcoin’s realized P&L ratio additionally fell under -0.35 earlier than the worth continued to rise.
This information might carry market sentiment, which has fallen near document lows a number of occasions throughout Bitcoin’s most up-to-date 50% decline from the $126,080 it set in October. Market psychology is woke up Bitcoin has been cautious over the previous 10 days, rising greater than 7% since hitting an almost two-year low of $58,190 on June twenty fifth.
Upbit says it solely expressed curiosity in becoming a member of OUSD sooner or later
South Korean cryptocurrency alternate Upbit has introduced that it’s going to not take part within the issuance of Open USD after its working firm Dunam was named amongst over 140 corporations concerned in a brand new stablecoin initiative.
“Upbit has merely demonstrated a possible willingness to contemplate collaborating sooner or later enlargement of the open requirements ecosystem,” an Upbit spokesperson instructed Cointelegraph.
The clarification follows related backlash from Samsung Electronics and different South Korean corporations listed on Open Customary.
According to In response to ChosunBiz’s report on Friday, Samsung mentioned it has not had formal discussions with the challenge and doesn’t know what position it’s anticipated to play within the challenge. In the meantime, Shinhan Monetary Group and KBank reportedly solely indicated their intention to contemplate the concept.
Cointelegraph reached out to Open Customary for remark however didn’t obtain a response previous to publication.
This week’s high options on Cointelegraph
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From Ethereum’s Gramsterdam and Solana’s Alpenglow to Bitcoin’s proposed post-quantum safety modifications, the most important crypto upgrades in 2026 are a few of the most vital in years.
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Did Technique’s new capital overview ease the anxiousness surrounding STRC, or did it merely purchase time till the following spherical of stress?
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