CryptoNews

Peter Schiff Warns Strategy’s 840K Bitcoin Holdings Could Bring ‘Much Greater’ Losses

Peter Schiff warned that Strategy’s new bitcoin sale policy could result in much larger realized losses after the company sold 3,588 bitcoin for about $216 million under its BTC Monetization Program. Key Takeaways Peter Schiff said the bitcoin sale marks a risky shift in Strategy’s model that could increase realized losses if more BTC is sold. Strategy sold 3,588 bitcoin for about $216…
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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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