MicroStrategy has established a cash reserve of $1.44 billion and stated that it may need to sell Bitcoin, prompting TD Cowen to lower its stock target price. (Decrypt)
Half an hour ago, SkyEcosystem (formerly MakerDao) exchanged 5120 MKRs for 121.76 million SKYs, worth approximately $6.73 million, and locked them in the SKY staking pool at the address 0x867ef23c482b1c41fa2336Fa239ba14e4af68d1f (Onchain Lens).
The senior economic advisor of Russia stated that Bitcoin plays an important role in the national economy and recommended its inclusion in national trade statistics. (Bitcoin Archive)
The total amount of open contracts for the Ethereum $6500 call option on the Deribit platform has exceeded $380 million, making it the largest open contract among all Ethereum options. (Cointelegraph)
Adam Back: Do not sell Bitcoin to sovereign wealth funds
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Adam Back, a legendary figure in the cryptocurrency industry, advised against selling Bitcoin to sovereign wealth funds and advised investors to buy on dips. (The Bitcoin Historian)