Michael Saylor, Executive Chairman of Strategy, has signaled a potential new Bitcoin acquisition, posting a Bitcoin acquisition tracker chart to X (formerly Twitter) with the caption “A good time to add more dots.” This statement, a recognized indicator of upcoming…
Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, has formally submitted a request for a presidential pardon. This action comes despite previous statements from former President Donald Trump indicating no intention to grant clemency to the convicted…
A significant push for legislative clarity in the digital asset sector is underway, with over 200 cryptocurrency organizations, including major players like Coinbase and Ripple, formally requesting that Senate leaders bring the Digital Asset Market Clarity Act to a floor…
The United Kingdom’s Financial Conduct Authority (FCA) has proposed new guidelines that would permit authorized investment funds, including UCITS schemes and most non-UCITS retail schemes, to allocate up to 10% of their scheme property to crypto exchange-traded notes (ETNs). This…
Cryptocurrency exchange Bybit has introduced a tokenized product offering access to the initial public offering (IPO) of SpaceX, targeting its VIP and Pro users. This move follows a similar launch by rival exchange Kraken and utilizes the xStocks framework, originally…
BTC plunged from $74K to under $60K in a rapid decline, causing significant liquidation. Buyers intervened near the lowest points, assisting a price recovery towards $64K, yet the overall trend exhibits weakness. Overview Bitcoin continues to face selling pressure as…
Cypherpunk Technologies Reaffirms Zcash Accumulation Goals Amidst Vulnerability Disclosure Cypherpunk Technologies (CYPH), a publicly traded entity focused on Zcash treasury operations, experienced a significant market correction with its shares dropping over 40% following the public acknowledgment of a critical vulnerability…
A New York Supreme Court judge has halted proceedings in a lawsuit that sought to claim ownership of 39,069 dormant bitcoin wallets. The order, filed on June 5, effectively pauses any moves toward a default judgment and schedules a hearing…
Morgan Stanley Wealth Management has introduced a new referral arrangement with Galaxy Digital, allowing eligible high-net-worth clients to lend their cryptocurrency assets in exchange for shares in spot crypto exchange-traded products (ETPs). This initiative includes the recently launched Morgan Stanley…
Grayscale’s Head of Research, Zach Pandl, has indicated that MicroStrategy’s capacity to acquire additional Bitcoin is presently constrained by the prevailing share prices of both its common stock (MSTR) and its preferred stock (STRC). This suggests a potential need for…