The post MicroStrategy Insider Sells $10M in Stock — Is Confidence in MSTR Slipping? appeared first on Coinpedia Fintech News While Strategy (formerly known as MicroStrategy) continues to double down on Bitcoin, some of its top insiders are quietly heading for a big sell-off. One of the company’s member just sold his entire $10 million stake in MSTR stock. What’s more surprising? Not a single insider has bought any shares in 2025. This has raised concerns that this could hurt Bitcoin price and MSTR stock performance. $10M Sell-Off by MicroStrategy Insider Carl Rickertsen, a board member of MicroStrategy, recently sold all of his MSTR shares, worth over $10 million. This move is raising eyebrows, especially because Rickertsen has been with the company since 2022. He originally bought $700,000 worth of MSTR stock when the price was under $25. Since then, the stock has skyrocketed, making his exit highly profitable. Reports from Protos reveal that Rickertsen didn’t just sell, he exercised stock options and dumped the shares on the very same day. This kind of move often signals a lack of long-term confidence in a company. Zero Insider Buys MSTR Shares in 2025 What’s even more worrying is that no insiders have purchased MSTR shares so far in 2025. According to Protos, there have been 26 insider sales this year, with total sell-offs outpacing purchases by over $864 million. “Insiders might sell for many reasons, but they buy for only one: they think the price will rise” – Peter Lynch. Well, ZERO insiders have bought $MSTR in 2025. Instead, there have been 26 insider sales this year alone. 5 year score: Insider sales exceed purchases by $864M. pic.twitter.com/nZSzqFcWZe — Protos (@Protos) June 12, 2025 This trend paints a concerning picture for small investors, especially as the stock has dropped 10% in the past month. That’s a huge red flag for many retail investors, especially when the company’s own executives are not backing the stock they help run. Strategy: Continue To Accumulate Bitcoin This comes at a time when Michael Saylor, the face of Strategy, continues to promote the firm’s Bitcoin-first strategy. The company now holds a staggering 582,000 BTC worth over $63 billion. But despite all that, MSTR shares are down by 8% , currently trading around $379. Peter Schiff Slams MicroStrategy Famous economist and long-time Bitcoin critic Peter Schiff didn’t hold back. He called MicroStrategy’s business model a “complete fraud,” and claimed bankruptcy was only a matter of time. While Schiff admits he regrets not buying Bitcoin earlier, he still believes gold, not Bitcoin, will come out on top.
The Bitcoin price continues to decelerate as the crypto market shows signs of weakness due to macroeconomic factors. The top crypto by market capitalization has been testing critical support levels and is at risk of falling deeper into its monthly lows. Related Reading: Bitcoin Could Jump 20% For Every 1% Liquidity Boost: Expert At the time of writing, the Bitcoin price trades around $104,000 recording a 2.5% drop over the past 24 hours. Other cryptocurrencies show greater weaknesses on similar timeframes with Ethereum and XRP displaying a 8% and 4% drop, respectively. Bitcoin price hints at further losses on the daily chart. Source: BTCUSD on Tradingview Bitcoin Price Alert, Key Levels To Watch According to top crypto analyst Daan Crypto, the Bitcoin price has been trading within a narrow window after losing the range high located at $108,385. While the cryptocurrency has been able to withstand the sell-off, the analyst drew important levels to watch. As seen on the chart below, and according to the analyst, the Bitcoin price is likely to stay on its bearish course and potentially touch the mid area of its current range. This price action would put BTC at around $99,600 in the coming days. If buyers can’t hold the sell pressure around this level, then BTC is more than likely to keep bleeding into its range low of $90,000. This bearish price action, the analyst clarified, would become the norm for the rest of June. Key Levels to watch as the Bitcoin price shows weakness on low timeframes. Source: Daan Crypto via X Daan Crypto stated the following regarding the Bitcoin price action: Quick move after that which was obviously “helped” by the headlines although the news was looming already with the past 48 hours of headlines which is also why price started selling of prior. I’ve said it a couple of times before but I’ll say it again. Bulls had no business going back down below $108K and I’m treating this as another deviation and move back into the larger range. This is reason enough for me to be cautious and not add on exposure that was derisked (…). In this context, the analyst advised his followers to wait for clear confirmation that the bull trend is returning if Bitcoin can retake its range high around the previously mentioned level. Otherwise, the best course of action is to remain cautious. Optimism Fades as Bitcoin Aims for Lower On a separate note, trading desk QCP Group noted that the biggest risk for Bitcoin and the crypto market comes from the rising tensions between the US and China, and the growing tensions in the Middle East. Related Reading: Bitcoin Is Just 0.2% Of Global Wealth — And That’s Why It’s Not Too Late: Analyst However, the trading desk pointed at several items to show that there are still good news hinting at a potential recovery in the digital asset market. These included the spike in Ethereum ETFs inflows, the potential launch of a Solana ETF, and GameStop’s plan to offer $1.7 billion in convertible notes to allocate money into Bitcoin as the company looks for “balance sheet diversification.” Cover image ChatGPT, BTC/USD chart from Tradingview
The post U.S. May Issue Crypto Bonds Backed by Bitcoin and XRP, Says Ex-CFTC Chair appeared first on Coinpedia Fintech News The idea of the U.S. government issuing crypto-backed bonds is gaining real traction and the endorsement is coming from one of Washington’s most familiar voices in financial regulation. Speaking at the XRPL Apex 2025 conference in Singapore, former CFTC Chair Chris Giancarlo said the concept of government bonds backed by assets like Bitcoin and XRP is “more than a possibility.” Here’s everything you need to know! Trump’s New Approach: Hold Crypto, Don’t Sell Giancarlo, who led the CFTC under President Trump and is widely known in the industry as “Crypto Dad,” revealed that the current administration is taking a very different approach to digital assets compared to its predecessors. In past years, federal agencies typically sold off seized crypto. Under Trump, that strategy has changed. According to Giancarlo, the administration now believes that holding digital assets could strengthen the U.S. financially. Had the government held onto Bitcoin seized years ago, it could have made a serious dent in the national debt, he noted during the interview with Bradley Kimes of Digital Perspective. Importantly, Giancarlo clarified that this shift doesn’t need new laws. Federal agencies already have the authority to hold confiscated digital assets and that power is now being used. Crypto as a Strategic Reserve Beyond simply storing digital assets, the government is looking at ways to use them strategically. Giancarlo compared the move to how the U.S. manages its Strategic Petroleum Reserve – a stockpile used not just for emergencies, but as a tool to stabilize markets. When oil prices are manipulated by global producers, the U.S. can release supply to push back. That same thinking is now being applied to crypto, especially with all the geopolitical changes! As BRICS nations develop alternatives to the U.S. dollar, and countries like China continue to stockpile resources, Giancarlo said the U.S. should do the same but with digital commodities. An interesting approach, wouldn’t you say? The U.S. Already Holds Billions in Crypto Well, the administration is already building out reserves. In March, President Trump signed an executive order creating the Strategic Bitcoin Reserve, which now holds over 200,000 BTC, worth more than $22 billion at current prices. These assets were collected through criminal and civil forfeitures and are treated as long-term holdings, similar to gold. Alongside that, the Digital Asset Stockpile was launched to manage other tokens like Ethereum, XRP, Solana, and Cardano. Unlike the Bitcoin reserve, this pool is more flexible, allowing the Treasury to make calculated sales or acquisitions as needed. Kimes closed the conversation by noting that if the U.S. starts using crypto reserves the same way it uses oil, it could influence market behavior. Giancarlo agreed. Here’s what we can see: crypto’s not on the sidelines anymore. Exciting times!
KuCoin has officially entered the Thai cryptocurrency market by acquiring ERX, Thailand’s first SEC-regulated digital token exchange, marking a pivotal expansion in Southeast Asia. This strategic acquisition enables KuCoin Thailand
The post BinanceCoin (BNB) & Uniswap (UNI) Attract Significant Gains—Will They Revive a Notable Recovery? appeared first on Coinpedia Fintech News As the tensions between Israel and Iran escalate, the traditional finance markets and crypto markets have taken a larger hit. More than $1.1 billion in liquidations was recorded, causing the Bitcoin price to test the local bottoms at around $102.6K. Although the token is working to mark a recovery, the technicals and the market conditions suggest a deeper correction could be possible if the token fails to defend the local support. While the other altcoins are closely following the star token, BinanceCoin & Uniswap gather some strength and are preparing for a strong upswing. BinanceCoin (BNB) Price Poised for a 15% Upswing BinanceCoin has been displaying immense strength regardless of the market conditions that helped the token to remain within the top 5 crypto ranks. The BNB price is stabilizing above the $655-$660 zone after reclaiming a broken wedge resistance. The recent price action shows consolidation just below a confluence of resistance lines, signaling tension ahead of a potential breakout. A sustained move above this compression may unlock the $700-$720 area. As seen in the above chart, the BNB price is trading within a decisive symmetrical triangle, and the recent bounce from the support validates the formation. Moreover, the 50/200 day MA is heading for a bullish crossover or the ‘Golden Cross.’ On the other hand, the CMF which has remained stuck above the average range since March, has triggered a bullish divergence. Hence, the BinanceCoin price is primed to rise and reach the resistance above $680 but the consolidation may prevail until the levels reach the edge of the pattern, followed by a breakout. Uniswap (UNI) Price Aims for a 100% Recovery Bears had gained a significant control over the rally for a while as the Uniswap price faced a quick rejection after reaching the levels around $8.6 to $8.7. However, after testing the local lows at $7, the price saw a bounce, which relieved the selling pressure for a while. The volume had dropped marginally but as the price dropped below $7, the buying pressure escalated with a notable rise in the volume. Hence, the current price action suggests the Uniswap price is in the middle of a strong recovery. The UNI price is undergoing a parabolic recovery and the latest rebound has escalated the levels above the Gaussian channel, which has turned bullish. The volume has been rising since May, which suggests the volatility has been increasing since then. Besides, the RSI is also rising, holding along the ascending trend line, which suggests the strength of the rally is increasing and rising along the parabolic recovery to reach $20.
The Israeli military has revised its public safety protocols, easing restrictions that previously mandated citizens to stay close to shelter facilities. This update marks a significant shift from earlier directives
Marking a major reversal of Biden-era policy, the U.S. Securities and Exchange Commission has withdrawn key measures targeting crypto custody and decentralized exchanges. On Thursday, the commission confirmed it was formally rescinding 14 proposed rules introduced between March 2022 and November 2023, including several that sought to expand regulatory oversight of digital assets. In a notice, the SEC stated it was “withdrawing certain notices of proposed rulemaking” and made clear that it does not intend to issue final rules on these matters. “If the Commission decides to pursue future regulatory action in any of these areas, it will issue a new proposed rule,” the SEC said. Among the withdrawn rules was the proposed amendment to Rule 3b-16 under the Exchange Act, which aimed to redefine what qualifies as an “exchange” under federal securities laws. The amendment, first proposed in March 2022, would have extended the exchange definition to include communication systems that facilitate trading in crypto and decentralized finance protocols. You might also like: Altcoin ETF summer in limbo as SEC hits pause on DOGE, HBAR, and AVAX filings Critics have warned that the language used in Rule 3b-16 could have treated many DeFi platforms as regulated securities exchanges, even if they merely offered protocols for buyers and sellers to interact without direct intermediaries. Also scrapped was the proposed Safeguarding Advisory Client Assets rule, introduced in March 2023, which would have tightened custody requirements for registered investment advisers, mandating that all client assets, including crypto, be held with a “qualified custodian.” Most crypto-native custody providers did not meet the proposed definition, raising concerns that investment advisers would face limited options or be forced to exit digital asset markets altogether. Thursday’s rollback reflects a broader reorientation within the SEC. Under the Trump administration, the commission has moved away from enforcement-led policy, pivoting toward what it calls a “constructive” regulatory stance. Spearheading that change is SEC Chair Paul Atkins, a former commissioner and longtime advocate of limited government intervention. Since taking office in April, Atkins has directed the agency to scale back enforcement-led strategies in favour of clearer, innovation-friendly policies. As part of this overhaul, the SEC established a new Digital Assets Task Force to reassess its approach to crypto oversight. Within weeks, the task force moved to close several high-profile investigations, including cases involving Coinbase , Kraken , ConsenSys, Yuga Labs , and OpenSea , among others. Read more: SEC blocks DeFi Development’s $1B Solana plan, company withdraws S-3 filing
Shopify is rolling out USDC payments via Coinbase’s Base network, offering cashback perks and expanding crypto checkout options through Shopify Payments.
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has taken another significant turn with a joint filing submitted on June 13, 2025. Legal analyst and XRP advocate Bill Morgan has pointed out that crucial legal developments remain unresolved, particularly the court’s response to the most recent joint motion, which seeks to modify the final judgment to facilitate a settlement. The motion’s fate could determine whether the nearly four-year litigation continues or finally comes to a close. Settlement Hinges on Court’s Acceptance of ‘Exceptional Circumstances’ In their joint motion, Ripple and the SEC argue that there are “exceptional circumstances” warranting a modification of Judge Analisa Torres’ final judgment issued earlier this year. Specifically, they seek to reduce the civil penalty and dissolve the permanent injunction imposed on Ripple. In the joint motion filed today by the SEC and Ripple to show exceptional circumstances, the parties rely on authorities that have held that exceptional circumstances exist where modification of a judgement is necessary to facilitate settlement that would obviate pending appeals… pic.twitter.com/MkcLT7C1e8 — bill morgan (@Belisarius2020) June 12, 2025 The motion references legal precedent supporting the idea that such modifications are justified when they are essential to executing a settlement that would end ongoing litigation and eliminate the need for appeals. Bill Morgan explains that the modification is not just a request—it’s a condition precedent to the settlement. In other words, the agreement between Ripple and the SEC can only take effect if the court approves the motion and modifies the judgment accordingly. If Judge Torres declines to find that such exceptional circumstances exist, the condition required for the settlement to proceed would remain unmet. Consequently, the settlement agreement would collapse, leaving both parties to pursue their respective appeal and cross-appeals before the U.S. Court of Appeals for the Second Circuit. This reality, Morgan argues, directly contradicts months of confident pronouncements by some influencers in the XRP community who have prematurely declared the case “closed.” According to him, and consistent with legal procedure, the matter remains very much alive and unresolved. Judge Torres’ Role in Finalizing the Legal Outcome The burden now lies with Judge Torres, whose July 2023 ruling made headlines for affirming that Ripple’s XRP sales to institutional investors constituted securities offerings, while rejecting the SEC’s claim that programmatic sales and XRP distributions to employees or third parties also fell under securities law violations. That split ruling set the stage for the current penalty phase, resulting in a financial penalty and a permanent injunction, both of which Ripple now seeks to amend through the joint motion. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Crucially, if the motion is denied, the original judgment would stand, and the SEC and Ripple would revert to active litigation before the appellate court. That scenario could prolong the case into late 2025 or beyond, with potentially significant ramifications for XRP’s legal status, Ripple’s operations, and broader crypto regulatory policy in the United States. The Broader Significance for the Crypto Industry Ripple’s battle with the SEC has become a defining legal conflict in the cryptocurrency industry. The outcome of this case may shape how digital asset companies structure their token sales and engage with U.S. regulators. For Ripple, the stakes are enormous. A finalized settlement would not only eliminate the immediate threat of expanded penalties or broader injunctions. Still, it would also bring long-sought regulatory clarity that could support future expansion in the U.S. market. From the SEC’s perspective, the litigation represents one of its most high-profile enforcement actions in the crypto sector. A concluded settlement could signal a pragmatic turn in the Commission’s enforcement strategy, especially under growing pressure from lawmakers, the courts, and a newly reinvigorated industry. Awaiting Judicial Determination Until Judge Torres rules on the joint motion, the litigation remains unresolved. While Ripple and the SEC have agreed on the terms of a potential settlement, their agreement cannot be effectuated unless the judgment is modified to accommodate it. If this legal prerequisite is not met, then, as Bill Morgan rightly underscores, the lawsuit will persist, and the appeal process will resume. For XRP holders, Ripple supporters, and the broader crypto legal community, the outcome of this motion could represent the final chapter, or merely the beginning of the next. One thing is clear: the narrative that the Ripple case is “over” is misleading. The court’s upcoming decision will be the definitive step in determining whether this landmark lawsuit is resolved or continues into appellate proceedings. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Legal Expert Explains Recent Ripple and SEC Joint Filing in XRP Lawsuit appeared first on Times Tabloid .
KuCoin enters the Thai market with a fully licensed exchange after acquiring ERX, Thailand’s first SEC-supervised digital token platform.