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Crypto

Strategy sells more MSTR shares, bitcoin holdings unchanged

Strategy sold 2,732,318 shares of MSTR common stock, raising net proceeds of $263.5 million and increasing its dollar reserve to $3.225 billion. The company sold no bitcoin from July 13 to 19, Decrypt reported. The funds were raised through an at-the-market program and added to a dedicated dollar reserve used for dividends and debt repayment. Michael Saylor said the company held 843,775 BTC and $3.2 billion in its dollar reserve as of July 19.

Crypto

Possibility raised of Fed buying equity ETFs; could it lift cryptocurrencies?

An analysis said that if U.S. stocks enter a steep bear market, Federal Reserve market support could expand liquidity in cryptocurrency markets. Analysts cited the size of the U.S. stock market and political pressure to avoid a prolonged downturn. Eric Balchunas said the Fed could break with decades of precedent and buy equity ETFs. Market participants said Fed intervention could include rate cuts and balance-sheet expansion, though high inflation could limit immediate action.

Crypto

Clarity Act in flux as XRP and bitcoin face joint test

The probability of the U.S. CLARITY Act passing before the Senate’s August recess has swung as talks slow amid an ethics dispute over President Donald Trump’s crypto income. XRP posted strong usage and volume indicators, including a surge in XRPL payments, but its price stayed rangebound, prompting skepticism. Bitcoin rebounded for four days to regain $62,000, while prominent figures offered sharply opposing outlooks. South Korean regulators also tightened oversight.