Strategy’s potential bitcoin sales have raised concerns among market watchers after Peter Schiff warned the company could put pressure on prices if it begins selling up to $3.25 billion worth of bitcoin. Schiff Sounds Alarm as Strategy’s Massive Bitcoin Sale Potential Raises Fears of Market Shock Strategy Inc. (Nasdaq: MSTR)’s decision to authorize future bitcoin […]
Read MoreBitmine Raises Ethereum Holdings to 5.70 Million ETH, Reaching 94% of 5% Supply Goal
Bitmine now holds 5.70 million ETH, accounting for about 4.7% of ethereum’s total supply, bringing it close to its stated goal of holding 5%. The company also joined the Russell 1000 and began trading its preferred stock on the NYSE under BMNP. Bitmine Stakes 4.88 Million ETH as Annualized Rewards Reach Projected $211 Million Bitmine […]
Read MoreZano Hard Fork 6 Targets Block 3,833,000 and a Broader Exchange Footprint
Zano has set block 3,833,000 as the on-chain activation height for Hard Fork 6, expected to go live between Aug. 25 and 27, 2026, giving network participants a concrete deadline to prepare for one of the project’s most consequential upgrades. What Hard Fork 6 Adds The centerpiece of HF6 is Gateway Addresses, a new account-based […]
Read MoreStrategy Plays Defense, Tech Firms Push for CLARITY, And More — Weekly Recap
Michael Saylor looked back on Strategy’s 2022 bitcoin crisis as proof the company could survive extreme stress, while more than 1,200 tech firms pushed the Senate to pass the CLARITY Act. XRP then showed signs of changing exchange behavior as withdrawals outpaced deposits, Satoshi’s famous lost-coin quote resurfaced amid renewed scarcity debate, and Elon Musk’s […]
Read MoreReport: Kiwoom Securities Eyes Bithumb Stake as Korea’s TradFi-Crypto Merger Picks up Speed
South Korea’s Kiwoom Securities is reportedly in early negotiations to buy a stake in Bithumb through a private placement of new shares, adding a major brokerage to the list of traditional financial (TradFi) firms moving into domestic crypto infrastructure. Chosunbiz first reported the discussions on Monday. Under the proposed structure, Bithumb would issue fresh shares […]
Read MoreStrategy Launches $2.55B Reserve Shield as MSTR Plunges 30% and Bitcoin Hits $60K
Strategy Inc. rolled out a sweeping five-part Digital Credit Capital Framework on Monday morning, authorizing bitcoin sales, boosting its STRC preferred dividend rate, and opening $1 billion buyback programs for both preferred stock and common shares as bitcoin trades around $60,032 per coin at 8 a.m. Eastern time and MSTR shares sit around $82. The […]
Read MoreArthur Hayes Bets $2.2 Million on SYN, Backing Hypercall to Challenge Deribit
BitMEX co-founder Arthur Hayes has bought about $2.2 million of synapse (SYN), throwing his weight behind an onchain options exchange he says could take on Deribit within the Hyperliquid ecosystem. A $2.2 Million Vote of Confidence Arthur Hayes, the co-founder and former chief executive of derivatives exchange BitMEX, has placed a fresh bet on the […]
Read MoreAmerican Express Builds a Stablecoin Team With VP Role Paying Up to $282,000
American Express has created a senior role to lead its stablecoin and blockchain partnerships, signaling that the payments giant is moving from studying digital dollars to building with them. A Newly Created Role Inside Digital Labs American Express is staffing up for a stablecoin push, as the company recently posted a newly created position for […]
Read MorePolygon Moves $80 Billion in Stablecoins in May, Passing Solana and BNB
Polygon processed roughly $80 billion in stablecoin transfer volume in May and led all blockchains in transaction count, the network said, claiming it overtook both Solana and BNB Chain. A Record Month for Stablecoin Settlement Polygon is making its case as the settlement layer of choice for stablecoin payments. The network moved roughly $79.25 billion […]
Read MoreUS and Iran Agree to Halt Strikes Again, Talks Set to Take Place in Qatar This Week
The U.S. and Iran have agreed to stop attacking each other and will meet this week in Qatar to resolve a dispute over the Strait of Hormuz, easing a geopolitical flashpoint that has whipsawed bitcoin and oil prices throughout the year. A Fragile Truce Over a Critical Waterway The United States and Iran have agreed […]
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