Bitcoin recovers from Strategy's BTC sale, funding rates hit 9%: Are bulls back?
Bitcoin sold off as news of Strategy selling BTC shook investors’ nerve but the quick rebound suggests bulls remain ambitiously positioned. Source：Cointelegraph
BonkDAO reports $20M theft from ‘malicious governance proposal’
The developers behind the memecoin project said they had informed law enforcement after the attack and were working to “recover funds and identify those…
Nine microcap stocks of companies expected to grow sales by triple digits through 2028
The Russell Microcap Index has more than doubled the performance of the S&P 500 this year. Source：MarketWatch
Strategy is losing a lot of money on bitcoin. Here’s why it’s selling anyway.
Strategy sold more than 3,000 bitcoins to raise cash to pay dividends on its preferred stock — something Executive Chair Michael Saylor had previously said it…
Xbox’s CEO says the business is ‘not healthy’ as it prepares for 3,200 layoffs
With shares down 20% this year, Microsoft joins peers like Meta and Oracle in using layoffs to offset rising costs of the AI race Source：MarketWatch
UN agency moves Stellar blockchain payment initiative beyond pilot stage
The UN Development Programme said blockchain payment pilots in five countries cut costs, improved resilience and will now inform wider use across its…
Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month. Source：CoinDesk
Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook
First, it was a tiny amount of bitcoin sales; then, the purchase of several thousand BTC; and finally, today, the unloading of thousands of BTC. What's…
Securitize eyes acquisitions with $400 million war chest after going public, CEO says
Following its NYSE debut, Securitize CEO Carlos Domingo said the firm wants to expand its institutional tokenization platform rather than buy competitors.…
Bitcoin miner TeraWulf soars on a $19 billion AI data-center lease with Anthropic
The onetime pure bitcoin miner signed a 20year deal to host the AI firm at a Kentucky campus, the latest cryptoadjacent company to trade mining for the…
Trump rings Wall Street opening bells and says the stock market ‘is going to go through the roof’
Trump used the occasion to promote the launch of “Trump accounts,” which are special investment accounts for children under age 18. Source：MarketWatch
DeFi protocol Summer.fi halts Lazy Summer vaults after $6 million exploit
The protocol’s SUMR token fell by over 18% after the incident. Source：CoinDesk