The Saylor-led Strategy perpetual preferred stock STRC dropped 3.58% to $91.79 on Tuesday, hitting near-record lows and sitting 8.2% below its $100 par value, and the reason matters beyond one bad session. The decline signals a direct collision between Michael Saylor’s relentless Bitcoin treasury accumulation playbook and the cash obligations his company has made to…
The disclosure triggered widespread frustration in the community, with many calling on the team to take a completely different course of action. In addition to frequent protocol upgrades and other initiatives aimed at advancing Pi Network’s ecosystem, the Core Team launches various campaigns to engage its vast community. The latest one, which primarily focuses…
The world’s third-largest economy is reclassifying crypto as a financial instrument and charting a path to slash punishing tax rates. The change reaches far beyond Japan, and most of the coverage is getting the details wrong. Summary Japan has taken a major step toward treating crypto like a mainstream financial asset. The 20% crypto tax…
With just 13 days until the EU’s MiCA deadline, BitGo has introduced a compliance bridge that may allow many crypto firms, including Binance, to operate legally in Europe. Currently, only 194 authorized Crypto Asset Service Providers exist out of over 3,000 registered firms pre-MiCA, according to law firm Hogan Lovells. Binance applied for a pan-EU…
The company quickly reassured its users that it’s working on securing the necessary license. Citing people familiar with the matter, Reuters reported that the world’s largest cryptocurrency exchange could be forced to stop service to European Union customers as early as next month after its application for a key regulatory license is set to…
Australia’s High Court has unanimously ruled 7-0 in favor of the Australian Securities and Investments Commission, finding that Block Earner’s former fixed-yield crypto product required a financial services licence under existing law. Summary Australia’s High Court ruled 7 to 0 that Block Earner’s former fixed yield crypto product required a financial services licence. The decision…
BlackRock launched its iShares Premium Income Bitcoin ETF (BITA) on Nasdaq on June 16, 2026, offering monthly cash distributions from Bitcoin exposure for the first time through a major US ETF issuer. The product targets a 15–25% annualized yield and directly addresses a structural gap that has kept income-oriented institutional capital on the sidelines of…
Barry Moore won Alabama’s Republican Senate runoff after more than $12 million in pro-crypto PAC support helped carry his campaign into the November general election. Summary Barry Moore won Alabama’s GOP Senate runoff after heavy support from Fairshake-linked crypto PACs Tuesday. Defend American Jobs spent more than $12M backing Moore across primary and runoff advertising…
America’s largest crypto exchange, Coinbase, is going international, offering tokenized stocks to global customers. Coinbase plans to launch tokenized stock trading in August for customers outside the US, according to an announcement on Tuesday. Tokenized stocks will be backed 1:1 by the underlying asset and will represent “true equity ownership,” it stated. This includes dividend…
Ethereum core developers have moved the Glamsterdam upgrade into its final development stage, with private devnets now testing the full set of planned Ethereum Improvement Proposals. Summary Ethereum developers are testing Glamsterdam devnets with all planned EIPs before public testnet deployment starts. The upgrade centers on ePBS and Block-Level Access Lists to improve Layer 1…
