Daily Crypto Roundup: Bitcoin Breaks $65K, Strategy Acquires More BTC
Bitcoin climbed above $65,000 on reports of a U.S.-Iran peace deal. Strategy acquired another 1,587 BTC, Kraken launched US perpetual futures, and more.
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Bitcoin rose past $65,000 following reports of a potential U.S.-Iran peace deal that eased geopolitical tensions.
In other developments:
- World Cup prediction markets saw volumes surge from $2.2 billion to $4.8 billion in a single day, with Bernstein noting that Robinhood could benefit.
- Strategy added 1,587 BTC for roughly $100 million, bringing its total holdings to 846,842 BTC.
- El Dorado, a Latin American cross-border payments app, raised $9 million in a Series A round led by Paradigm.
- Strive CIO Ben Werkman warned that prolonged bitcoin weakness could strain treasury companies reliant on convertible debt financing.
- Bitmine purchased 76,881 ETH over the past week, increasing its treasury to 5.62 million ETH.
- Kraken is rolling out perpetual futures trading in the U.S. after acquiring Bitnomial and receiving CFTC approval.
Source: The Block News Feed