Short News

Economist Peter Schiff has criticized Strategy’s aggressive Bitcoin strategy, calling its high-yield “Stretch” preferred stock a Ponzi scheme. The company holds 843,738 Bitcoin purchased for nearly $63.9 billion, now worth slightly less after recent market dips. Schiff argues the firm depends too heavily on rising Bitcoin prices to support investor payouts. Supporters disagree, pointing out Strategy’s stock has surged about 1,200% since adopting its Bitcoin-focused approach. Investors are now watching whether Bitcoin’s next move strengthens or weakens confidence in the model.

Trump Media & Technology Group moved 2,650 Bitcoin worth about $205 million to Crypto.com, sparking online claims that the company was dumping its crypto holdings. A spokesperson later clarified the transfer was part of routine trading activity, not a full-scale sale. The company still reportedly holds nearly 6,900 Bitcoin despite heavy unrealized losses after buying at higher prices. The episode highlights how quickly crypto rumors can spread and shake sentiment, especially when politically linked firms are involved. Investors will now watch whether Trump Media changes its broader crypto strategy.

New research from Glassnode estimates that around 6.04 million Bitcoin — worth roughly $469 billion — may be vulnerable to future quantum computing attacks because their public keys are already exposed on-chain. The report says much of the risk comes from address reuse, with crypto exchanges alone holding about 1.66 million BTC in potentially unsafe wallets. The findings matter because advances in quantum computing could eventually threaten older Bitcoin security methods, increasing pressure on the industry to prepare stronger protections before the technology becomes practical.

WhiteBIT has launched a dedicated UK platform as it expands into Britain’s highly regulated crypto market. The new service will offer spot trading, instant crypto swaps, and market analytics for both retail and professional traders. Users will also be able to deposit British pounds through bank cards and the UK’s Faster Payments Service (FPS). The launch matters because it shows major crypto exchanges are continuing to target regulated markets despite tighter oversight, while improving local payment access for UK users.

Bitcoin Depot has entered voluntary Chapter 11 bankruptcy proceedings to wind down operations and sell assets after mounting regulatory pressure battered its business model. The company said stricter state compliance rules, transaction limits, lawsuits and enforcement actions made Bitcoin ATM operations increasingly unsustainable. Its entire ATM network has already been shut offline. CEO Alex Holmes said fraud prevention measures were expanded, but worsening legal and financial conditions left restructuring as the only viable path forward for the struggling crypto cash-access sector.

Bitcoin is hovering near a major technical support zone while global bond yields continue climbing, tightening pressure across risk assets. Traders are watching the $79,100 CME gap closely, with many expecting it to fill within days. A break lower could trigger broader weakness across altcoins, where valuations remain highly sensitive to liquidity conditions. Meanwhile, oil prices have rebounded after closing a CME gap, adding inflation pressure. Analysts now see $71,000 as the next key defense level before fears of a deeper market-wide correction accelerate rapidly.

New on-chain data shows retail Bitcoin participation has dropped to historic lows, with Binance receiving an average of just 314 BTC monthly from wallets holding under 1 BTC. Analysts note retail inflows previously reached 5,400 BTC in 2018, 2,600 BTC in 2021, and nearly 1,800 BTC during the recent bear market. The sharp decline suggests smaller investors are becoming less active on-chain, with many potentially shifting toward spot Bitcoin ETFs instead of direct BTC ownership. The trend highlights Bitcoin’s growing institutionalization and changing investor landscape.

Iran has launched Hormuz Safe, a state-backed maritime insurance platform accepting cryptocurrency payments, including Bitcoin. Officials say the system is designed to reduce reliance on SWIFT and Western financial intermediaries while supporting vessels operating through the Persian Gulf and Strait of Hormuz. Iranian authorities reportedly estimate the initiative could generate more than $10 billion in revenue if adoption grows. Analysts warn the platform may still face significant sanctions pressure, regulatory scrutiny, and compliance hurdles as global governments tighten oversight of crypto-linked financial networks and cross-border trade.