Day: November 10, 2025

Strategy Adds $50M Bitcoin Holdings to Crypto Stockpile

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Michael Saylor’s Strategy increased its cryptocurrency buying strategy by acquiring 487 Bitcoin worth about $50 million, marking an escalation over its previous week’s report. In a Monday filing with the US Securities and Exchange Commission, Strategy said it had acquired 487 Bitcoin (BTC) at an average price of $102,557 per coin — about $50 million. The addition of the BTC brought the company’s total holdings to 641,692 BTC, or more than $67 billion at the time of publication. Source: Michael Saylor The previous week, Strategy reported purchases of 397 BTC,…

Breakout or Bull Trap After a Big Daily Spike? Analysts Weigh In

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XRP surges 8% to $2.50 amid ETF filings, whale sell-offs, and bullish chart patterns. Analysts eye $10–$27 if breakout holds. Ripple’s XRP jumped over 10% in the last 24 hours, trading around $2.50 at press time. This move follows a sharp rebound from under $2.20 earlier in the week. Meanwhile, trading volume also climbed above $4 billion, raising fresh debate on whether the move signals the start of a rally or just a short-term reaction. Patterns Repeat, But Confirmation Needed Analysts have been tracking a familiar price pattern in…

Square Bitcoin payments go live with Lightning support and fiat settlement

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Key Takeaways Square merchants can now accept payments in Bitcoin or fiat currency through the point-of-sale system. Bitcoin payments are enabled via the Lightning Network, ensuring fast and efficient processing. Share this article Square, a payments platform under Block Inc., now allows merchants to receive payments in Bitcoin or traditional fiat currency through its point-of-sale system. The new feature gives sellers flexibility in choosing their preferred settlement method for customer transactions. Square’s Bitcoin payment feature uses Lightning Network for near-real-time settlements, allowing merchants to process cryptocurrency alongside credit cards and…

Crypto VC Slows as Investors Prioritize Stablecoins, DeFi

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The crypto venture capital landscape remains subdued in the fourth quarter, with fewer high-profile funding rounds closing compared to earlier in the year. Kaden Stadelmann, chief technology officer at Komodo Platform, told Cointelegraph that the “crypto sector is facing pressure from numerous angles,” noting that AI has siphoned considerable demand from crypto, and that “VC investment in AI far outpaces VC investment into crypto.” Stadelmann also cited macroeconomic uncertainty as a reason venture capital firms are taking a more cautious approach. At the same time, much of the remaining activity…

Strive raises $160M in oversubscribed SATA IPO as Vivek Ramaswamy buys in

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Key Takeaways Vivek Ramaswamy purchased 15,625 shares of Strive Inc.’s Variable Rate Series A Perpetual Preferred Stock at $80 per share. Strive Asset Management, co-founded by Ramaswamy, positions itself as ‘anti-woke’ and focuses on maximizing shareholder value. Share this article Strive, backed by Vivek Ramaswamy, announced Monday it had successfully closed its oversubscribed initial public offering (IPO) of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) on Nasdaq, raising the number of shares from 1.25 million to 2 million due to high demand. Ramaswamy purchased 15,625 shares of…

Spot BTC, ETH ETFs see $1.7B Outflow but Whales Buy the Dip

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Key takeaways: Spot Bitcoin and Ethereum exchange-traded funds (ETFs) recorded a combined $1.7 billion in weekly outflows. Solana and a select few altcoins continued to attract steady inflows despite market weakness. Onchain data shows that large whales are accumulating BTC, which has kept BTC prices above the $100,000 level.  Spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) faced another week of heavy redemptions, extending a trend of investor caution. From Nov. 3 to Nov. 7, spot Bitcoin ETFs saw $1.22 billion in net outflows, the third-largest weekly total on…

Bitcoin Hovers on Historic Golden Line

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The Golden Line has been bulletproof all bull run, but BTC’s selling pressure could finally crack it soon. Bitcoin’s (BTC) price climbed 4.5% in the past day, surging back above $106,500 amidst growing optimism that Washington’s shutdown standoff may finally be resolved this week. Despite the rebound in the broader market and Bitcoin’s continued hold of the Golden Line, a top analyst opined that a brutal breakdown is coming. Major Dump Incoming? Crypto analyst Doctor Profit said Bitcoin is currently sitting at a historic support point, and noted that…

Vivek Ramaswamy’s Strive buys 1,567 Bitcoin valued at $162 million

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Key Takeaways Strive, backed by Vivek Ramaswamy, purchased 1,567 Bitcoin for $162 million. The move is part of Strive’s strategy to expand its cryptocurrency holdings using proceeds from preferred stock sales. Share this article Strive, a Bitcoin treasury company backed by biotech entrepreneur Vivek Ramaswamy, purchased 1,567 Bitcoin valued at $162 million between October 28 and November 9, the company announced Monday. The acquisition aligns with Strive’s strategy to build cryptocurrency holdings using proceeds from preferred stock offerings. The company appointed a new Chief Investment Officer with expertise in Bitcoin…

Palantir stock rises over 8% as investors buy the post-earnings dip

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Key Takeaways Palantir Technologies’ stock surged 8% intraday. The recent price rally occurred amid expectations that the 40-day US government shutdown may soon end. Share this article Palantir Technologies, a software company focused on AI-driven platforms for data analysis and operational efficiency in the commercial and government sectors, saw its stock rise 8% during Monday’s trading session. The stock fell sharply last week despite excellent Q3 earnings. The decline was mainly driven by a combination of factors, including valuation concerns and bearish bets. The company has been expanding its AI…

Why Tether Looks More Like a Central Bank Than a Stablecoin Issuer

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Key takeaways Tether operates a Treasury- and repo-heavy balance sheet, holding $181.2 billion in reserves against $174.5 billion in liabilities, leaving $6.8 billion in excess. High interest rates have turned those reserves into profit, generating more than $10 billion in interest income so far in 2025, which is uncommon for a typical crypto issuer. It exercises policy-style levers by freezing sanctioned wallets, shifting supported blockchains and allocating up to 15% of profits to Bitcoin. The central bank comparison has limits. Tether has no public mandate or backstop, relies on attestations…