Strive Says Leverage to Blame for Price Plunges for SATA, Bitcoin Giant Strategy's STRC

Bitcoin surpassed $80,000 overnight, a milestone in its recovery from dips below $65,000. Ethereum also saw gains, rising nearly 15% in the last month to $2,350. Strategy, a major Bitcoin holder, took a break from its weekly purchases.

World Liberty Financial filed a lawsuit against Justin Sun, accusing him of shorting their token and defaming the company after his holdings were frozen. Sun responded by filing a lawsuit against World Liberty, claiming his rights as an investor were violated.

GameStop has made a bold move by proposing to acquire eBay for $55.5 billion, offering $125 per share in a mix of cash and stock. The gaming retailer aims to achieve $2 billion in cost savings by streamlining eBay's spending.

Payward, the parent company of Kraken, has acquired Bitnomial, gaining a regulated U.S. derivatives stack under the CFTC. This move allows Payward to offer regulated crypto derivatives in the U.S. independently, with plans to introduce spot margin, perpetual futures, and options.

A California-based cannabis vape pen company rewards customers with Bitcoin for using its product, raising concerns among health experts and anti-drug campaigners. The company combines cannabis, Bitcoin, and artificial intelligence to gamify cannabis use, potentially leading to habit-forming behavior.

Ethereum's core developers achieved a major milestone after a week above the Arctic Circle, finalizing a roadmap to enhance the network's scalability. The Ethereum Foundation conducted a $23 million OTC token sale to Bitmine, supporting further development efforts.

Coinbase has integrated trading protocol DFlow, reducing trade failures by eight times and increasing liquidity for previously untradeable tokens on Solana. DFlow aggregator, used by over a million traders monthly, improves trading experience by finding routes other aggregators miss.

Bitcoin's potential rally to $250,000 in 2029 is based on a historical pattern of bull runs following mining reward halving cycles. Peter Brandt's forecast suggests a bottoming process until September 2026, aligning with previous market trends.

Romance scammers are using AI-generated images of women to deceive attendees at the XRP Las Vegas conference, potentially targeting investors for crypto scams. The scammers aim to build trust through fake personas and then solicit donations or promote fraudulent investment platforms.

The Ethereum Foundation completed its third over-the-counter sale of 10,000 ETH to BitMine Immersion Technologies, following a similar transaction last week. This sale, at an average price of $2,292 per ETH, supports the Foundation's core operations and activities.