Strategy repurchases $139M STRC as its treasury hits 845,050 BTC - Details

Strategy is back in the spotlight after it repurchased $139 million worth of its STRC preferred stock on 14th September. Meanwhile, its Bitcoin [BTC] holdings have reached 845,050 BTC.  These are worth $65.83 billion now following the recent purchase of 4,603 BTC on 31st August.  So, all this, along with $6.4 billion in USD assets, has given Michael Saylors Bitcoin DAT a substantial liquidity cushion.  STRC brings Strategy back on track  Here, it‘s worth noting that STRC’s BTC credit now stands at a 57-basis-point (0.57%).  In laymans language, this is a measure of credit risk or safety cushion behind the preferred stock. It is calculated using assumptions that Bitcoin will return 10% annually, have 40% volatility, and trade at $77,266.  All in all, with this move, Strategy is strengthening its balance sheet, reducing some STRC obligations, and maintaining substantial assets to support its financial commitments.  MSTRs liquidity cushion expands  On the other hand, MSTR has become more liquid and actively traded during its second Bitcoin cycle, with Strategy arguing,  Liquidity creates demand. Demand creates liquidity.  Source: Strategy/X  For context, during Strategys first period, from August 2020 through 2023, average daily dollar volume was only about $0.3 billion, with annual figures of $82 million in 2020, $509 million in 2021, $179 million

09-15انڈسٹری

CoinEx to Shut Down as Trading Volumes Decline

Crypto exchange CoinEx said it is winding down operations, citing a prolonged crypto market downturn, sinking trading volumes and liquidity, and rising regulatory and compliance costs, according to an announcement on Tuesday.  As part of the wind-down, CoinEx will halt new user registrations, referral commissions and other rewards. Futures contracts will enter a “Reduce-Only” mode. CoinEx will also stop accepting new orders or subscriptions across its fiat, margin trading, lending, earn, staking and strategic trading services.  “After much reflection, I have come to accept a hard truth. CoinEx did not become one of the industrys leading exchanges, and the security and compliance risks of running a crypto exchange have become increasingly difficult to contain,” CoinEx CEO Haipo Yang said in a post on X.  Discover more  Currencies & Foreign Exchange  Astrology & Divination  Distributed & Cloud Computing  The closure adds to a wave of crypto exchanges that have ceased operations this year for similar reasons, including BitMart, BitMEX and AscendEX.  From Sept. 22, CoinEx will discontinue all non-spot services and onchain deposits, with the exception of CET deposits.  From Sept. 29, all spot trading services will be discontinued, and non-USDT assets will be processed.  From Dec. 22, the withdrawal period will end, and the platform will cease operations. Any unwithdrawn

09-15انڈسٹری

Oracle Begins New Layoff Round, Stock Falls by Nearly 4%

Oracle has started a fresh round of layoffs as the software giant looks to control costs and commit enormous sums to its artificial intelligence infrastructure buildout.  The latest cuts began on Monday, Sept. 14, with affected US employees receiving early-morning emails informing them that their positions had been eliminated and that Monday would be their final working day. The total number of employees affected has not yet been disclosed, although earlier reports indicated that some teams could face reductions reaching double-digit percentages.  US workers affected by the latest layoffs were reportedly offered four weeks of base pay plus an additional week for each year of service. Business Insider previously reported that severance could be capped at 26 weeks.  Oracles layoffs started well before September  The latest cuts are part of a restructuring effort. Oracle initiated its fiscal 2026 restructuring plan during the fiscal year that began in June of 2025. By May 31, 2026, its workforce fell from approximately 162,000 to 141,000 employees. This is a reduction of around 21,000 workers, or 13%, in just one year.  Reports of particularly large-scale reductions emerged in March, when Bloomberg said Oracle was preparing to eliminate thousands of positions as it dealt with the financial demands of its

09-15انڈسٹری

Kyrgyzstan Central Bank Taps Certik for CBDC Oversight

Key TakeawaysOn Sept. 9, 2026, NBKR and Certik signed an MoU for Digital Som security.Certik advise regulatory bodies like MAS on setting 100% compliant Web3 frameworks.NBKR aims to deploy Certik supervision tools for 24/7 digital asset compliance monitoring.  Framework for Cooperation  The National Bank of the Kyrgyz Republic (NBKR) has entered into a strategic partnership with blockchain security firm Certik to strengthen security protocols for the countrys proposed Digital Som and enhance regulatory oversight of digital assets.  Under a memorandum of understanding signed by both entities, the Kyrgyz central bank and Certik will collaborate on cybersecurity, digital asset custody, anti-money laundering (AML) controls, and the counter-financing of terrorism (CFT). The initiative places Certik inside a central-bank operational framework, establishing a potential model for technical integration within highly regulated state financial institutions.  “The Memorandum of Understanding that we are signing today establishes a framework for further dialogue and cooperation,” said Sanzhar Abdygaziev, a member of the management board of the NBKR. “We see particular value in exchanging experience and expertise in blockchain and digital asset security, cybersecurity, AML/CFT, and the analysis and monitoring of digital asset transactions.”  Discover more  Finance  FINANCE  Merchant Services & Payment Systems  As central banks globally evaluate central bank digital currencies (CBDCs) and digital asset frameworks,

09-15انڈسٹری

CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction

Crypto exchange CoinEx said it is winding down operations, citing a prolonged crypto market downturn, sinking trading volumes and liquidity, and rising regulatory and compliance costs, according to an announcement on Tuesday.  As part of the wind-down, CoinEx will halt new user registrations, referral commissions and other rewards. Futures contracts will enter a “Reduce-Only” mode. CoinEx will also stop accepting new orders or subscriptions across its fiat, margin trading, lending, earn, staking and strategic trading services.  “After much reflection, I have come to accept a hard truth. CoinEx did not become one of the industrys leading exchanges, and the security and compliance risks of running a crypto exchange have become increasingly difficult to contain,” CoinEx CEO Haipo Yang said in a post on X.  The closure adds to a wave of crypto exchanges that have ceased operations this year for similar reasons, including BitMart, BitMEX and AscendEX.  From Sept. 22, CoinEx will discontinue all non-spot services and onchain deposits, with the exception of CET deposits.  From Sept. 29, all spot trading services will be discontinued, and non-USDT assets will be processed.  From Dec. 22, the withdrawal period will end, and the platform will cease operations. Any unwithdrawn USDT will be transferred to an independent custodian, which

09-15انڈسٹری

Balancer eyes wind-down after restructuring fails to revive revenue

Balancer, a decentralized exchange and automated market maker, has proposed winding down the protocol after its post-exploit restructuring failed to generate enough revenue, with its leader saying he underestimated how much a $128 million exploit in November would continue to weigh on adoption.  The proposal was authored by Balancer Labs CEO Marcus Hardt and published on the Balancer governance forum on Monday. It calls for an orderly wind-down of the protocol and the distribution of its remaining treasury, currently worth more than $9 million, to BAL tokenholders.  The proposal comes after Balancer Labs shut down in March, when executives opted to continue operating the protocol under a leaner structure. Hardt said Monday that while the restructuring succeeded in cutting costs and delivering the products promised to tokenholders, the revenue side of the plan fell short, echoing profitability challenges faced by several other DeFi protocols this year.  “What did not come was enough revenue. Most of the protocols revenue still comes from v2, and v3 revenue has not grown to replace it. The product worked. It did not sell enough,” Hardt said in a statement on X.  Data from DefiLlama show that Balancers monthly protocol revenue fell to $371,000 in November from $1.13 million in

09-15انڈسٹری

BUILDon rallies as holders hit record 87,320 - Can B extend its gains?

BUILDon [B] has delivered double-digit percentage gains in the past day at press time, as sentiment strengthened in the market. According to the analysis of price, a major contributor to its price trending higher has been the surge in its holder count this month.  Since September began, there have been an additional 160 new holders in the market, bringing the total to an all-time high of 87,320 holders, according to the press-time reading on CoinMarketCap.  Source: CoinMarketCap  The volume-price analysis also supports the present bullish trend in the market, with roughly a 39% surge in market volume, reaching over $17.3 million across the spot and perpetual markets.  A surge in volume and price at the same time suggests that there is strong momentum that could possibly guarantee a continued upward swing in price in the near term.  Discover more  finance  News  Compare Exchange Rates  Perpetual market shows strength  Tracking the activities of investors in the perpetual market, there has been clear interest, suggesting a high chance that price could surge further.  The Funding Rate climbed to one of its highest levels of the month at 0.0179%, showing that traders positioned most of the capital in Bs perpetual contracts for a rally.  Source: CoinGlass  Presently, CoinGlass reported roughly $31 million worth of capital in

09-15انڈسٹری

Bitcoin slips to $77,800 as Senate Clarity Act vote nears and oil prices climb

Bitcoin BTC$77,830.18 is reversing Monday‘s rally as last-minute Senate wrangling over crypto market-structure legislation coincides with a renewed rise in oil prices during Tuesday’s Asian trading session.  The leading cryptocurrency by market value has pulled back to trade near $77,800, having hit a highs above $79,000 on Monday, according to data source CoinDesk. Other majors, such as $XRP ($XRP), ether ETH$2,504.62, and solana (SOL) are seeing similar trends. Payments-focused $XRP has pulled back to $1.42 from the high of $1.49, but still appeared on track to form a bullish golden crossover.  The retreat followed reports that Democrats were still seeking additional changes to the Digital Asset Market Clarity Act, despite President Trumps reported agreement to revised ethics language in a Senate draft that Republicans circulated over the weekend and described as a final compromise.  “The Democrats want more,” Sen. Cynthia Lummis, the Wyoming Republican who‘s been the bill’s most visible champion said. “They always want more. If we waited another month, they would want more.”“Theres no end to it,” Lummis said.  The Senate is scheduled to vote Tuesday on whether to advance the Clarity Act legislation. The procedural vote requires 60 votes, meaning Republican support alone would not be enough. The bill would divide

09-15

Treasury Firms Stack Ethereum, Solana, and Bitcoin Through a Jittery September Market

Three listed crypto treasury companies added to their token piles last week, even as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) drifted through a soft September.  Buying continued as digital assets faced fresh uncertainty ahead of a Federal Reserve rate decision. Strategy (formerly MicroStrategy) was the exception, though. The firm bought back its own preferred shares and left its Bitcoin stack untouched.  BitMine and DFDV Expand Their Crypto Treasury  BitMine Immersion Technologies picked up 27,180 ETH last week, lifting its position to 5.956 million tokens. That lands at 4.9% of the circulating supply, just under the 5% supply target that chairman Tom Lee has been pursuing.  Discover more  finance  Deploy Cloud Servers  Trade Crypto Assets  Roughly 5.07 million of those tokens sit staked. BitMine values its combined crypto and cash at $15.8 billion.  “In August, ETH moved sideways without a downside break, and the 12-day metric expired, which implies a renewal of the upside move. We believe this further supports the continuation of the prior uptrend. We expect late Augusts sharp one-day rally was a likely preview of the pending advance,” Tom DeMark, founder of DeMark Analytics and a capital markets advisor to the firm, said.  DeFi Development Corp, a Nasdaq-listed Solana treasury firm, has grown its holdings by 2%

09-15انڈسٹری

Bitcoin remains volatile amid CLARITY Act vote while Zcash, Stellar rally

Bitcoin (BTC) holds steady around $78,000 on Tuesday, sustaining its roughly 2% recovery from the previous day. Broader cryptocurrency market volatility remains elevated ahead of the scheduled CLARITY Act cloture vote on Tuesday. Zcash (ZEC) and Stellar (XLM) retain bullish momentum, emerging as the top performers over the last 24 hours.  Bitcoin regains strength above key support level  Bitcoin hovers around $78,000 at press time on Tuesday, keeping a constructive bullish bias. Despite over 4% losses last week, BTC remains above the 50-, 100-, and 200-day Exponential Moving Averages (EMAs) at $73,579, $71,347, and $73,053, respectively.  Price also trades just over the 50% Fibonacci retracement at $75,233, measured over the $97,924 to $57,800 downswing, while it remains capped by a broken support-turned-resistance trendline near $82,850.  The Relative Strength Index (RSI) at around 57 on the daily chart suggests moderate positive momentum, even as the Moving Average Convergence Divergence (MACD) is below its signal line, hinting that upside pressure is waning.  Discover more  FINANCE  Choose POS Systems  finance  On the topside, immediate resistance aligns at the overhead trendline near $82,850, followed by the 78.6% Fibonacci retracement near $87,476.  BTC/USDT daily price chart.  On the downside, initial support is seen at the 50% retracement at $75,233, followed by a broader demand band formed

09-15انڈسٹری
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