BlockPress

BlockPress

Strategy buys $531M of Bitcoin as sentiment rebounds above $107K

MicroStrategy’s significant Bitcoin holdings have once again been updated, showcasing the company’s unwavering commitment to the leading cryptocurrency. As of the latest figures, Michael Saylor’s publicly traded company, MicroStrategy (MSTR), boasts an impressive 597,325 BTC, representing a substantial investment of…

JPMorgan rates Circle underweight with $80 target by late 2026

JPMorgan analysts, while acknowledging Circle’s strong market position, have highlighted the intensifying competition within the stablecoin sector as a significant threat to the company’s future prospects. This competitive landscape is characterized by several key factors impacting Circle’s ability to maintain…

Kazakhstan plans to establish national crypto reserve

Kazakhstan’s Central Bank Embarks on State-Run Crypto Reserve Initiative Kazakhstan is poised to establish a state-controlled cryptocurrency reserve, marking a significant development in the nation’s engagement with digital assets. This initiative represents a proactive approach to managing and potentially utilizing…

Record Q2, monthly close next? 5 things to know in Bitcoin this week

Bitcoin’s price is approaching several historical all-time highs, prompting caution from market analysts who perceive a heightened level of volatility and manipulative activity. While the cryptocurrency’s ascent is undeniably noteworthy, the circumstances surrounding this surge warrant a closer examination. Several…