adminMorning Minute: Tokenized Stocks Jump 5x on Robinhood Chain
In recent developments, plus markets are green after oil fell 8%; ETH is greatly outpacing BTC in ETF inflows; and another major crypto exchange has shut down Looking closer, market…
Crypto Firms Pivoting to AI Is ‘Zero-Sum’ Thinking: Coinbase CEO
In recent developments, brian Armstrong says crypto is infrastructure that underpins AI, and that AI agents will need it to transact on their own. Looking closer, market participants highlight key…
Strategy Adds $525M to Cash Reserve, Skips Bitcoin Buy for Fifth Week
In recent developments, the Bitcoin treasury firm also tapped its $1 billion preferred buyback for the first time, spending $25 million on STRC. Looking closer, market participants highlight key drivers…
Strategy Adds $525M to USD Reserve, Pushing Dividend Coverage to 2.1 Years
In recent developments, strategy Inc disclosed in a Form 8-K filed Monday that it increased its U.S. dollar reserve by $525 million, bringing the total to $3.75 billion as of…
Strategy sells MSTR shares, buys back $25M in STRC preferred stock
In recent developments, strategy raised $544.5 million through MSTR stock sales as it repurchased $25 million of STRC shares and expanded its US dollar reserve to $3.75 billion. Looking closer,…
BitMart Becomes Latest Crypto Exchange to Shut Down
In recent developments, bitMart’s closure, citing the market environment and “future strategic direction,” comes days after crypto perps exchange BitMEX shut down. Looking closer, market participants highlight key drivers such…
KB Kookmin Taps JPMorgan’s Kinexys as South Korea’s Largest Bank Pushes I…
In recent developments, kB Kookmin Bank, South Korea’s largest lender by assets, will launch a corporate cross-border payment service in August built on Kinexys, JPMorgan’s permissioned blockchain platform. The move…
Saylor: Rejecting Bitcoin’s Bank and Market Integration ‘Dooms It to 1% o…
In recent developments, strategy Inc. (Nasdaq: MSTR) Chairman Michael Saylor argued that shutting bitcoin out of banks, custodians and capital markets denies its benefits to 99% of the world, as…
Brazilian police bust cocaine traffickers in crypto-linked transnational probe
In recent developments, brazilian police suspect the group of shipping around 6.5 metric tons of cocaine and laundering billions in Brazilian reals through crypto-enabled illicit money brokers. Looking closer, market…
BNY Mellon unit joins MiCA register as ESMA adds 15 providers
In recent developments, bNY Mellon’s European subsidiary joined the MiCA register as ESMA added 15 CASPs, including banks and crypto platforms, in the third post-deadline update. Looking closer, market participants…