Strategy sold 32 BTC for about $2.5 million to fund preferred stock dividends, a move Blockstream CEO Adam Back calls normal treasury management rather than a bearish signal. Despite the sale, Strategy continues to accumulate Bitcoin, recently buying 1,550 BTC, showing ongoing commitment to its Bitcoin strategy. The sale demonstrates how companies can use Bitcoin within their treasury to meet obligations without abandoning long-term accumulation plans. The key issue remains how Strategy manages preferred dividends while maintaining investor trust and balance sheet health.
Hyperliquid (HYPE) has experienced a sharp decline in futures liquidity, with losses reaching up to 1700% over short periods, indicating traders are withdrawing capital and becoming more cautious. Despite this, HYPE remains above key moving averages ...
Kraken announced it will launch the first CFTC-regulated crypto perpetual futures contracts in the US through its platform Bitnomial. This move allows eligible US clients to trade crypto futures under regulatory oversight, increasing market transpare...
The XRP Ledger launched its core server software update xrpld v3.2.0 on June 15, aiming to reduce memory use by 30–40% and improve security. However, node operators reported multiple technical problems including sync failures, configuration parsing e...
US spot Bitcoin ETFs experienced their largest 30-day capital outflow of $6.35 billion, driven mainly by BlackRock and Fidelity products. This coincided with Bitcoin's 17.4% price decline to around $64,167, hitting four-month lows near $60,000. Despi...
A leading Ethereum sandwich bot was recently drained, halting a major MEV revenue source and highlighting that MEV infrastructure is vulnerable to attacks, not just profitable. The incident underscores risks across keys, relays, RPC endpoints, and de...
