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Crypto Weekly: Saylor's bitcoin sale, Greece mulls crypto tax
Reuters Videos57d agoneutralVIDEO
Crypto Weekly: Saylor's bitcoin sale, Greece mulls crypto tax

<body><p>STORY: From Michael Saylor's bitcoin sale to Greece's potential new tax... This is Crypto Weekly.</p><p>:: Crypto Weekly</p><p>:: Bitcoin hovers around key $60,000 mark</p><p>Bitcoin hovered around the key $60,000 mark.</p><p>But that hasn't stopped Standard Chartered's Geoffrey Kendrick feeling bullish about it.</p><p>He's the lender's global head of digital assets research.</p><p>Kendrick stuck with his call for bitcoin to hit $100,000 by the end of the year as most of the selling may be over.</p><p>But he did call it a 'painful' week as the crypto token fell more than 12%.</p><p>It also saw one of the highest profile holders of the token made a sale.</p><p>Michael Saylor's Strategy said it had shed some of its holdings for the first in four years.</p><p>Strategy is the largest corporate holder of bitcoin.</p><p>:: Reform UK gets big crypto funding</p><p>Reform UK raised more money than any of its political rivals for the third quarter in a row.</p><p>That's what data from Britain's Electoral Commission showed.</p><p>Nigel Farage's party saw big donations from billionaire crypto investors, including the Thailand-based Christopher Harborne.</p><p>Reform raised around $12.4 million in the first three months of the year, while the governing Labour party took in just over $5.3 million.</p><p>:: Greece 'prepares' crypto capital gains tax</p><p>Greece could be moving towards taxing gains on cryptocurrency.</p><p>That's what two government officials told Reuters.</p><p>They said lawmakers are preparing legislation to impose a 15% capital gains tax on crypto.</p><p>A senior government official told Reuters the Finance Ministry is readying a law that's expected to be submitted to the country's parliament in the coming months.</p><p>:: Japan banks plan to issue stablecoins</p><p>And Japan's three largest banks said they will jointly issue stablecoins during the current fiscal year ending in March 2027.</p><p>It would mark a major move towards digital payments in a country where cash and credit cards are still popular.</p><p>Mitsubishi Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group announced the update.</p><p>They said they will set up a council to examine the operational frameworks and prepare for the issuance.</p></body>

Strategy Renews Bitcoin Bet While Preferred Stock Risks Stay In Focus
Simply Wall St.57d agoneutral
Strategy Renews Bitcoin Bet While Preferred Stock Risks Stay In Focus

Strategy (NasdaqGS:MSTR) bought 1,550 BTC shortly after recording its first Bitcoin sale since 2022. The purchase follows increased attention on the company’s high-yield preferred stock obligations. These moves come during a period of Bitcoin price volatility and questions around the sustainability of Strategy’s leveraged Bitcoin treasury model. Strategy, formerly MicroStrategy, operates as an enterprise software company while also running a highly visible Bitcoin treasury approach that has...

Bitcoin, Ethereum, XRP Slide, Dogecoin Flat As US Launches 'Proportional' Strikes Against Iran: Analyst Sees BTC's Strong Rebound To $74,000 Soon
Benzinga57d agoneutral
Bitcoin, Ethereum, XRP Slide, Dogecoin Flat As US Launches 'Proportional' Strikes Against Iran: Analyst Sees BTC's Strong Rebound To $74,000 Soon

Leading cryptocurrencies fell alongside major stock indexes on Tuesday amid a big escalation in the Middle East conflict. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:25 p.m. EDT)Bitcoin (CRYPTO: BTC)-1.68%$61,757.98Ethereum (CRYPTO: ETH) -1.83%$1,641.98XRP (CRYPTO: XRP) -1.71%$1.13Solana (CRYPTO: SOL) -0.96%$65.08Dogecoin (CRYPTO: DOGE) -0.15%$0.08487 Crypto Market On Edge Bitcoin revisited the $60,000 floor but recovered overnight, as trading activity climbed 12% in the past 24 hours. E

Strategy Inc. Added 1,550 More Bitcoin to Its $54 Billion Stash. Is MSTR a Buy on the Dip at $127?
24/7 Wall St.57d agobullish
Strategy Inc. Added 1,550 More Bitcoin to Its $54 Billion Stash. Is MSTR a Buy on the Dip at $127?

Strategy (NASDAQ:MSTR) is positioned as a long-horizon vehicle because it is the only public-market structure engineered to compound a fixed-supply monetary asset across unlimited capital-markets cycles, with a balance sheet built to outlast bitcoin’s drawdowns rather than be liquidated by them. Pillar 1: Structural Durability The forever case starts with a balance sheet no peer ... Strategy Inc. Added 1,550 More Bitcoin to Its $54 Billion Stash. Is MSTR a Buy on the Dip at $127?

Analysts reveal bold Bitcoin target despite AI frenzy
TheStreet57d agoneutral
Analysts reveal bold Bitcoin target despite AI frenzy

There seems to be no end to the trouble Bitcoin (BTC) traders have been facing since the Oct. 10 flash crash last year. While the cryptocurrency had been attempting to recover to previous heights for the past few months, Michael Saylor's Strategy (Nasdaq: MSTR) announcing a partial sale ...

Both Institutions and Retail Are Buying and Holding Crypto Despite Bitcoin’s 50% Pullback
24/7 Wall St.58d agobullish
Both Institutions and Retail Are Buying and Holding Crypto Despite Bitcoin’s 50% Pullback

On Friday, June 5, Bitcoin fell below $60,000 for the first time since October 2024, putting the asset down roughly 50% from its peak. While Bitcoin has rebounded to over $63,000 as of Monday, June 8, it’s clear that crypto investors have missed out on the gains the market has seen so far this year. However, John ... Both Institutions and Retail Are Buying and Holding Crypto Despite Bitcoin’s 50% Pullback

Top Bitcoin Analyst Predicts $200K Within Two Years: ‘We’re Either At Or Within Spitting Distance Of A Bottom’
24/7 Wall St.58d agoneutral
Top Bitcoin Analyst Predicts $200K Within Two Years: ‘We’re Either At Or Within Spitting Distance Of A Bottom’

Lawrence Lepard, a longtime bitcoin investor and author, spoke with host Adam Taggart on the Thoughtful Money podcast episode “The Next Big Money Printing Cycle Is Almost Here,” and planted a contrarian flag. With Bitcoin sliding to around $63,000 from its all-time high of $124,000-$126,000, Lepard told listeners, “There were a lot of people ready to ... Top Bitcoin Analyst Predicts $200K Within Two Years: ‘We’re Either At Or Within Spitting Distance Of A Bottom’

Analyst predicts 214% surge for battered stock
TheStreet58d agobullish
Analyst predicts 214% surge for battered stock

A week ago, a tiny Bitcoin (BTC) sale by Strategy (NASDAQ: MSTR) had investors bracing for a change of heart. This week, the company went right back to buying. One analyst says that's exactly the point. TD Cowen's Lance Vitanza believes Strategy's latest Bitcoin purchase confirms that its ...

Longtime Bitcoin Advocate Says ‘MicroStrategy Is a $1,000 Stock Within a Few Years’
24/7 Wall St.58d agoneutral
Longtime Bitcoin Advocate Says ‘MicroStrategy Is a $1,000 Stock Within a Few Years’

Lawrence Lepard, a longtime bitcoin investor and advocate, laid out one of the most aggressive bull cases for Strategy (NASDAQ:MSTR) on a recent appearance on Thoughtful Money with Adam Taggart. Lepard says he is buying shares both for his fund and personally, and his target price is striking: “I think it’s a $1,000 stock within ... Longtime Bitcoin Advocate Says ‘MicroStrategy Is a $1,000 Stock Within a Few Years’

Shopify (SHOP) Fell With Software Sell Off
Insider Monkey58d agobearish
Shopify (SHOP) Fell With Software Sell Off

Sands Capital Management, LLC released its Q1 2026 investor letter for its “Select Growth Strategy”. A copy of the letter is available to download here. Select Growth mainly targets leading U.S. businesses, driving positive structural changes. U.S. large-cap growth stocks fell in the first quarter. Sharp dispersion driven by AI advances marked the quarter, but late […]

Sea Limited (SE) Fell as Competition Pressure Hit the E-commerce (Shopee) Platform
Insider Monkey58d agoneutral
Sea Limited (SE) Fell as Competition Pressure Hit the E-commerce (Shopee) Platform

Sands Capital Management, LLC released its Q1 2026 investor letter for its “Select Growth Strategy”. A copy of the letter is available to download here. Select Growth mainly targets leading U.S. businesses, driving positive structural changes. U.S. large-cap growth stocks fell in the first quarter. Sharp dispersion driven by AI advances marked the quarter, but late […]

Bitcoin’s Worst Week Since FTX Crash May Signal More Pain Ahead
Bloomberg58d agobearish
Bitcoin’s Worst Week Since FTX Crash May Signal More Pain Ahead

(Bloomberg) -- Bitcoin’s slide below $60,000 last Friday capped its worst week since the collapse of Sam Bankman-Fried’s FTX exchange in 2022.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalChip Stocks Rally in AI Trade Revival After Plunge: Markets WrapThe forces current

Bitcoin, Ethereum, XRP, Dogecoin Slide Even As Michael Saylor's Strategy Inc Resumes Buying BTC: Analyst Says 'Buy' The ETH Dip
Benzinga58d agobullish
Bitcoin, Ethereum, XRP, Dogecoin Slide Even As Michael Saylor's Strategy Inc Resumes Buying BTC: Analyst Says 'Buy' The ETH Dip

Leading cryptocurrencies dipped, while major stock indexes closed higher on Monday as investors pinned hopes on a lasting ceasefire in the Middle East. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:10 p.m. EDT)Bitcoin (CRYPTO: BTC)-1.04%$62,642.55Ethereum (CRYPTO: ETH) -1.74%$1,662.25XRP (CRYPTO: XRP) -0.49%$1.15Solana (CRYPTO: SOL) -1.37%$65.52Dogecoin (CRYPTO: DOGE) -1.37%$0.08489 Crypto Market Stagnates Bitcoin wobbled in the area between $62,000 and $64,000, while trading volume dipped

JPMorgan issues fresh warning for corporate giant's dollar reserves
TheStreet58d agoneutral
JPMorgan issues fresh warning for corporate giant's dollar reserves

One of the world's largest corporate Bitcoin holders is under fresh pressure to prove it can pay its bills without dipping into its Bitcoin pile. JPMorgan analysts, who have turned more cautious on digital assets, say Michael Saylor's Strategy (Nasdaq: MSTR) may need to rebuild its dollar reserves ...

Strive CEO reveals why staying unprofitable is the entire strategy
TheStreet59d agoneutral
Strive CEO reveals why staying unprofitable is the entire strategy

A new class of Bitcoin-backed preferred stock has quietly become one of the most talked-about yield products in public markets. The dividends run into double digits, the tax bill is deferred for years, and the companies issuing these shares are iterating faster than the rest of the market has ...