Too big to fail: Strategy’s $13 billion bitcoin paper loss alone dwarfs hundreds of prominent tokens

SBI said the purchase of the crypto exchange is set to close in October.

Russia is considering implementing a short-term ban on diesel exports for several months.

Michael Thaler stated that he is buying Bitcoin during each decline, and there have been 15 significant drawdowns in the past 15 years. The current drawdown is a natural deleveraging process for the asset, occurring every 6 months to 1 year. It has experienced 5 large-scale drawdowns, and the decline is temporary. （The Bitcoin Historian）

The real estate investor pitched his model as a treasury company backed by cash-flowing property rather than stock sales, framing the slide in bitcoin as a chance to accumulate.

Rocket Lab rose 1.59% in pre-market trading to $81.969 and announced its selection by NASA to provide three Electron rocket launches for PolSIR and TSIS-2 missions starting early next year.