Bitcoin slides below $79K on macro fears: Can fixed-income outflows save it?
While macro pain and Iran war uncertainty drag Bitcoin below $79K, fixed-income market outflows could trigger a medium-term Bitcoin rebound.
Michael Saylor floated Bitcoin sales idea to avoid ‘impairing’ the asset
Strategy executive chairman Michael Saylor said that continuing to use the “never sell” Bitcoin mantra could ultimately undermine the very asset his company is built around.
US CLARITY Act will be a ‘boon for domestic innovation’: A16z
A16z crypto said that when US legal frameworks strike a balance between innovation and consumer protection, the impact tends to ripple through into global markets.
STRC preferred stock investors are mispricing major ‘dislocation’ risk: Analyst
Potential liquidity contractions in secondary markets and surging government bond yields could spell trouble for preferred perpetual stockholders.
Strategy to repurchase $1.5B of 2029 convertible notes
The notes carry a 0% coupon, but can be converted into equity in the company if holders choose to redeem their notes for shares.
Bitcoin analysis sees ‘bear trap’ as BTC price passes two-week lows under $78K
Bitcoin fell below $78,000 for the first time since the start of May, but traders refused to give up hope of a BTC price rebound coming next.
OpenAI partners with Malta to give all citizens free ChatGPT Plus access
In a world-first deal, OpenAI and Malta will give all citizens free ChatGPT Plus for a year after they complete a government-backed AI literacy course.
THORChain confirms $10M exploit, rolls out recovery portal for affected users
THORChain has launched a recovery portal following a $10 million exploit, allowing affected users across four chains to revoke malicious approvals and claim refunds.
Spot Bitcoin ETFs bleed $1B in a week, snapping six-week inflow run
Spot Bitcoin ETFs shed $1 billion in a single week as capital rotated toward AI stocks and macro uncertainty weighed on sentiment, ending a six-week run that had pulled in $3.4 billion.
Sharplink CEO points out 3 catalysts for Ethereum’s price to surge higher
The rest of the world is “really closely” watching the US CLARITY Act as the nation moves further away from the previous “hostile stance,” according to Sharplink’s chief.