Key Takeaways Strategy sold 32 BTC as traders assessed corporate treasury liquidity decisions. Dividend obligations are increasing scrutiny on reserves, borrowing options, and BTC exposure. Institutional credit structures could reduce forced selling among bitcoin treasury companies. Bitcoin Treasuries Face a New Borrow-or-Sell Test Strategy’s bitcoin sale drew attention less for its size than for what
The Commission on Elections (COMELEC) has removed blockchain technology components and voter verification systems from its proposed budget for the 2028 general elections, cutting its initial ₱25-billion proposal by approximately ₱6 billion. COMELEC Chairman George Garcia announced yesterday that the decision followed recommendations from the Department of Budget and Management (DBM) to reduce the poll
Key Takeaways Coinbase is expanding stablecoin payments through Checkout.com’s merchant network. Merchants can accept USDC and USDT while settling in dollars. The rollout could test stablecoin demand in mainstream commerce. Checkout.com Partnership Pushes Stablecoins Deeper Into Enterprise Commerce Crypto exchange Coinbase (Nasdaq: COIN) announced on June 2 that Checkout.com is enabling stablecoin acceptance for eligible
Key Takeaways Polymarket inked an exclusive OneFootball partnership reaching 200M monthly users before the FIFA World Cup Germany is excluded from the OneFootball deal as Polymarket holds no German gaming license The agreement is Polymarket’s sixth major football partnership in five months ahead of the 2026 World Cup Prediction Market’s Biggest Football Distribution Deal Skips
Key Takeaways Bitcoin ETFs lost $483.8M on June 1, with Blackrock IBIT leading outflows at $440.3M. Ether ETFs saw a 15th straight outflow day, as Blackrock ETHA shed $35.0M. XRP and HYPE ETFs gained $5.4M combined, signaling selective institutional demand. XRP ETFs Add $4.1M as Bitcoin and Ether Funds Lose $528M Combined June began with
Key Takeaways Bitcoin fell below $68,000 on June 2, 2026, pulling bitcoin dominance ( BTC.D) down to roughly 58%. Blockchain Center’s Altcoin Season Index reads 49, still 26 points below the 75 threshold for confirmation. A sustained BTC.D break below 55% is needed before a broad altcoin rotation can be confirmed. Bitcoin Dominance Slides as
Key Takeaways Andrew Left of Citron Research was convicted on 13 of 17 securities fraud counts on June 1. Prosecutors said Left made more than $20 million moving stocks with posts from 2018 to 2023. Left faces up to 25 years in prison and signaled an appeal, calling the verdict wrong. A Landmark Case Over
Key Takeaways A bitcoin wallet dormant since 2011 moved 35.55 BTC on June 2, directly undermining Noah Doe’s abandoned-property claim. Galaxy Research’s Alex Thorn flagged the move, noting the address was Salomon-dusted in the $293B NY lawsuit. A New York default judgment is expected by late June 2026, though full title transfer remains legally unlikely.
Key Takeaways Solana booked $91M in May app revenue, ahead of Hyperliquid at $53M and Ethereum at $52M. SOL trades near $81 after eight straight red months, even as its fee revenue leads every chain. Sustained fee dominance could bolster the case for Solana ETFs, which have drawn about $1.13B. Solana out-Earns Every Layer 1
Key Takeaways Strategy sold 32 BTC for $2.5M to pay debts, triggering a bitcoin drop under $70,000 on Tuesday. The bitcoin slide triggered over $470M in leveraged position liquidations in 24 hours. Bears like Peter Schiff warn of a crash, but Raoul Pal sees a standard bitcoin bull correction. Massive Liquidations Rock Crypto Traders Bitcoin