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…
Ethereum developers embrace Vitalik Buterin's long-term vision but urge quicker execution
The "Lean Ethereum" strawmap, updated earlier this week, has gained support from many of the network's researchers, though several say the biggest challenge…
Bitcoin price falls up to 4% on Strategy BTC sale as trader sees Summer 2022 repeat
Bitcoin wiped out much of its latest gains thanks to a market reaction to Strategy's 3,600 BTC selloff, but analysis eyed a potential buy announcement in the…
Micron’s stock gains, signaling a ‘return to optimism’ about the chip sector
Investors are looking forward to Samsung’s earnings and SK Hynix’s ADR listing, experts say. Source:MarketWatch
TeraWulf’s stock surges after a $19 billion deal with Anthropic
The deal “validates” the cryptomining company’s pivot to supporting the AI buildout, its CEO said. Source:MarketWatch
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…
How parents can take advantage of the ‘best summer-camp tax break in years’
For many kids, summer means camp. For many of their parents, that means financial juggling to pay for those camp experiences. Source:MarketWatch
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
FCA warns of major shakeup as AI agents meet tokenized money
The FCA’s vision for agentic AI points toward a financial system where programmable money and tokenized assets could play a much larger role.…
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
Cantor says Strategy's recovery hinges on restoring STRC to par
Bringing Strategy's preferred shares back to $100 is key to restarting Strategy's capital engine, the bank said, with repeated management actions expected to…