In June, closed-end funds (CEFs) generally increased in value, with convertible funds leading gains while MLPs lagged. A Supreme Court ruling against Saba in the FSCO lawsuit limits private legal actions, reducing pressure on CEF managers. Midstream funds SRV and NXG raised distributions by 11%, though their high leverage and cyclical nature pose long-term risks. Some funds like DTF may see discounts narrow through 2028, while others like MFM could face net asset value erosion due to distribution policies. Investors are advised to monitor these dynamics closely.
EXEED AiMOGA Robotics announced it has delivered over 2,000 robots globally, reaching more than 60 countries. This milestone highlights the company's shift from product exports to large-scale commercial deployment, with robots actively used in traffi...
The Rosen Law Firm is investigating claims that the Flow Foundation provided misleading business information to FLOW cryptocurrency investors. Investors who bought FLOW on or before December 27, 2025, and held it through December 29, 2025, may be eli...
Block increased its Bitcoin holdings to 9,117 BTC by mid-2026, acquiring 234 BTC in the first half of the year. Despite a drop in Bitcoin prices that reduced the holdings' value to about $534 million from $777 million at the end of 2025, Block report...
Bitcoin has reached block 961,632, starting the signaling period for the controversial BIP-110 soft fork aimed at limiting non-financial data on the network. Miner support has remained below 2.5%, far from the 55% needed, while key figures like Micha...
Sharplink, the second-largest Ethereum holder, is investing $100 million of its ETH in Galaxy Digital's on-chain yield fund, which totals $125 million with Galaxy adding $25 million. This fund aims to generate higher returns by actively using Ethereu...
