CryptoNews

Crypto Traders Compete for 600K USDC, Private Island Grand Prize via Deribit Contest

Deribit and Signalplus opened registration for a five-week trading competition offering a prize pool that scales up to 600,000 USDC. Key Takeaways Deribit and Signalplus opened a 600,000 USDC contest running July 6 to August 10, 2026. Coinbase, which bought Deribit for $2.9 billion in 2025, backs the five-week competition. Referral tiers reach Nvidia stock at 1,500 signups and a Rolex at 3,000…
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CryptoNews

Metaplanet Buys 2,823 Bitcoins for $225M as Treasury Reaches 43,000 BTC Holdings

Metaplanet purchased 2,823 bitcoin during Q2 2026 for $225 million at an average price of $78,872 per bitcoin. This grew its total treasury to 43,000 BTC, with an aggregate lifetime cost basis of $4.09 billion. Key Takeaways Metaplanet Inc. added 2,823 BTC in Q2 2026, lifting holdings to 43,000 BTC. The firm’s BTC options unit earned $10.95M, signaling growing market impact. Officials said 2026…
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CryptoNews

Why Bitcoin Retested $58K Despite Supportive Macro Backdrop

Bitcoin retreated toward $58K despite improving financial conditions, highlighting an unusual market divergence. Analysts said persistent crypto-specific selling, rather than broader macroeconomic pressure, has kept the asset disconnected from equities, Treasury yields, and gold. Key Takeaways Bitcoin slipped near $58,000 even as Treasury yields eased, equities reached record highs, and gold…
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CryptoNews

Strategy’s Bitcoin Sale Authorization Reduces Risk of Forced BTC Selling, Analysts Say

Strategy’s authorization to sell up to $1.25 billion in bitcoin to support its dollar reserve reduces the risk of forced BTC selling and signals a shift toward more active treasury management, analysts say. Key Takeaways Strategy is authorized to sell up to $1.25 billion in bitcoin for its dollar reserve. Analysts said the move reduces liquidity concerns tied to about $1.76 billion in annual…
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