Strategy has increased its cash reserves by $300 million while adding 520 Bitcoin worth roughly $35 million, highlighting a growing focus on liquidity alongside continued cryptocurrency purchases. Summary Strategy bought 520 Bitcoin for $35 million, raising its total holdings to 847,363 BTC. A June 22 filing showed the company increased cash reserves by $300 million…
Worldcoin is having a moment, and the chart is starting to agree with the hype. WLD is trading around $0.63, up over 6% in 24 hours, after spending most of the year in obscurity below $0.30. The golden cross forming on the daily chart has traders paying attention, but whether this is a genuine trend…
The company is 94% of the way of owning 5% of Ethereum’s total supply. The rough market conditions and the global uncertainty have failed to faze the Tom Lee-chaired Ethereum buying machine, as Bitmine has spent approximately $90 million to acquire 52,203 ETH over the past week. Lee remains highly bullish on the industry,…
Ripple’s CEO said the company might do “something special” for XRP holders if it ever goes public. The XRP community heard a promise. What he actually said was a maybe, attached to an IPO he calls a non-priority. Here is the real picture, separated from the hype. Summary Ripple has not promised an IPO reward…
Michael Saylor posted Strategy’s well-known Orange Dots Bitcoin acquisition tracker on X with a single caption, “Looks better with more dots”, and traders took less than an hour to decode it as a preview of another corporate Bitcoin buy. The post follows a confirmed ~$100 million BTC purchase for the week of June 8–14 and…
In the days before a key Senate vote, the American Bankers Association sent more than 8,000 letters trying to change one provision of the CLARITY Act. The fight is not really about crypto. It is about whether stablecoins are allowed to compete with bank deposits, and the answer could reshape both industries. Summary Banks are…
Despite the latest developments on the US/Iran war front, most cryptocurrencies have remained stable. Bitcoin experienced some volatility on Sunday evening after the unsuccessful conclusion of the peace talks in Switzerland, but it rebounded from $63,300 and was stopped at $64,800. Most larger-cap altcoins have remained stable as well, with ETH closing at $1,750…
JustLend DAO has expanded its lending platform by launching support for supply and borrowing of U, a TRC-20 stablecoin pegged to the U.S. dollar. Summary JustLend DAO has enabled direct supply and borrowing of the U stablecoin after adding it as a new market on June 20. The U market launched with a 0% collateral…
Altura will begin winding down its stablecoin yield vault after a sharp rise in withdrawal requests over the weekend. Summary Altura processed more than 8.5m USDT in instant redemptions before announcing the stablecoin vault wind-down. Withdrawal pressure followed Main Street’s msUSD depeg, though Altura said it had no direct exposure. Some portfolio positions need standard…
Trump’s comments came as the high-level meeting between the US and Iran was supposed to start in Switzerland. Bitcoin’s price has been quietly regaining some momentum, slowly increasing to just over $64,000 over the weekend, but that stable progress could be halted in the following hours. The promised peace deal between the US and…
