Are you curious about what happened in crypto yesterday? Let’s unravel together.
In crypto yesterday, Michael Saylor’s strategy stacked more Bitcoin
First up, Michael Saylor’s strategy just stacked more Bitcoin like it’s going out of style. They snapped up 17,994 BTC for roughly $1.28 billion (averaging around $70,946 per coin). That pushed their total holdings past a jaw-dropping 738,000 BTC.
Yeah, Strategy remains the undisputed king of public companies hoarding Bitcoin. This grab was their biggest since January’s monster buy, and it came in at a price below their lifetime average smart timing while BTC hovered in that $67k–$70k zone most of the week.
Saylor’s crew keeps betting hard on Bitcoin’s long game, and crypto yesterday proved they’re not slowing down anytime soon.
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Meanwhile, over in South Korea, things got tense for Bithumb
South Korea’s second-biggest exchange by volume is staring down a potential six-month partial suspension. South Korea’s Financial Intelligence Unit dropped a preliminary notice, pointing fingers at weak anti-money laundering setups and KYC slip-ups, stuff like dealing with unregistered overseas providers and spotty customer checks.
They even slapped a stern reprimand on the CEO, which could block him from future gigs. It’s not locked in yet a full review hits later this month, and Bithumb says it’s still early days with possible tweaks. If it sticks, new users would get blocked from withdrawing virtual assets, though existing folks should stay mostly unaffected. Classic regulatory pressure cooker in one of Asia’s hottest crypto markets.
Coinbase flipped the script for European traders
Crypto yesterday marked the rollout of fresh futures trading across 26 countries, including heavy hitters like Germany, France, and the Netherlands. Through their regulated MiFID setup, Coinbase Advanced users can now jump into crypto futures on big names like Bitcoin and Solana, plus that slick Mag7 + Crypto Equity Index Futures mashup (think Magnificent Seven stocks mixed with BTC/ETH ETF exposure).
This move is aimed at blending crypto and traditional markets under proper oversight with more tools, more leverage, and more ways to play both sides.
Crypto yesterday wrapped up with the usual mix: corporate giants loading up on Bitcoin, watchdogs cracking down where they see gaps, and platforms pushing boundaries in new regions.
