US dollar maintained two-month highs as Gulf tensions mounted. Bitcoin fell to $63,119 and Ether reached 4-month lows as investors fled risk assets. The post US Dollar Strengthens to Two-Month Peak Amid Middle East Turmoil and Crypto Selloff appeared first on Blockonomi.

TLDR: Tokenized stocks recorded $5.5B in volume across 2.8M trades and 180,000 wallets through May 2026. Trades below $500 made up 64% of all transactions but represented only 5% of total trading volume. AI-linked equities accounted for 35–40% of recent volume, with NVIDIA leading overall exposure onchain. BNB Chain drove over 75% of total volume [...] The post Tokenized Stocks Show $5.5B in Volume as Retail Participation Grows on Onchain Markets appeared first on Blockonomi.

Strategy's sale of 32 BTC in May sparked one of the most contentious debates around Polymarket's resolution criteria.

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TSMC's cautious approach to High-NA EUV highlights the financial and strategic challenges in adopting cutting-edge semiconductor technologies. The post TSMC CEO outlines efforts to enhance cost-effectiveness of High-NA EUV appeared first on Crypto Briefing.

The ceasefire's success could stabilize regional tensions, influencing global markets and potentially boosting investor confidence in risk assets. The post Israel and Lebanon agree to ceasefire contingent on Hezbollah halt, and crypto markets are watching appeared first on Crypto Briefing.

TLDR: Zcash block explorers showed no new blocks for over four hours on June 3, 2026, alarming traders. Helius CEO Mert Mumtaz confirmed the Zcash mainnet stayed operational despite explorer error data. ZODL CEO Josh Swihart linked the confusion to block explorers not updating nodes post-upgrade. The Orchard pool vulnerability, patched on June 1, triggered [...] The post Zcash Block Explorers Go Dark for Hours After Orchard Pool Upgrade appeared first on Blockonomi.

Bitcoin closed May near $70,600 after losing roughly 8% to 10% during a month dominated by rising inflation, higher Treasury yields, and escalating geopolitical uncertainty, according to a market report from Finestel. According to Finestel’s May market report shared with…

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The House of Lords, the upper chamber of the UK parliament, has urged financial regulators to reconsider some of their controversial stablecoin proposals, warning that the country risks falling behind global leaders if regulation is not done right. Related Reading: BNB Chain Ecosystem Sees Major Institutional Week With US ETF Debut, Asset Manager Bet House […]

Universal Music Group (UMG) stock plummeted 7.6% after Bill Ackman's Pershing Square sold its entire $1.5B position, realizing $600M profit. The post Universal Music Group (UMG) Stock Plunges 8% as Pershing Square Dumps Entire Position appeared first on Blockonomi.

Bitcoin trades near $62K as Charles Edwards says a 28% quantum discount reflects market fears over slow post-quantum planning.

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Some of the biggest losers today include NEAR, TON, and ADA.

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Uber (UBER) invests nearly $500M in Nuro for 35,000 robotaxis using Lucid Gravity SUVs, with milestone-based funding tied to autonomous deployment. The post Uber (UBER) Pours Nearly $500M Into Nuro for Massive Robotaxi Expansion appeared first on Blockonomi.

The won's decline may exacerbate market instability, impacting investor confidence and increasing volatility in South Korea's crypto markets. The post South Korea government vows to curb excessive volatility as won weakens to 17-year low appeared first on Crypto Briefing.

Liftoff's IPO success highlights a shift in tech IPO dynamics, emphasizing the need for realistic valuations amid competitive adtech markets. The post Liftoff Mobile raises $437M in revived US IPO, pricing above marketed range appeared first on Crypto Briefing.

Alphabet (GOOGL) stock declined 0.76% after completing an $84.75B equity raise for AI infrastructure, with Berkshire Hathaway anchoring $10B of the deal. The post Alphabet (GOOGL) Shares Dip Following Record-Breaking $84.75B AI Funding Round appeared first on Blockonomi.

Solana price has dropped more than 27% over the past month and nearly 74% from its 2025 peak, with fresh ETF outflows and a crypto market rout sending the token to a 52-week low. According to data from crypto.news, Solana…

Wyoming issues executive order to manage AI data center growth with focus on power costs, water usage, environmental impact, and workforce development. The post Wyoming Launches Executive Order to Regulate AI Data Center Expansion appeared first on Blockonomi.

CrowdStrike (CRWD) stock dropped 9% after hours despite beating Q1 earnings and announcing a 4-for-1 stock split. Analysts raise price targets. The post CrowdStrike (CRWD) Shares Tumble 9% Despite Strong Earnings and Stock Split Announcement appeared first on Blockonomi.

Shinhan Financial Group moves to join Canton Network governance as it seeks to expand Korean tokenized financial products overseas.

Israel’s latest voluntary disclosure program is drawing little participation from crypto holders, with new data showing that only a small share of undeclared digital‑asset wealth is being reported. Broad Underperformance Across All Assets Israel’s push to surface undeclared cryptocurrency holdings is falling far short of expectations, with new data showing that taxpayers are largely avoiding […]

Goldman Sachs in Major Blockchain Push Big banks are moving fast into digital assets. Goldman Sachs has joined hands with Apex Group and Archax to create a new tokenized real estate fund. This move brings traditional finance and blockchain together […] The post Goldman Sachs Launches Tokenized Real Estate Fund in Major Blockchain Push appeared first on Blockmanity.

Goldman Sachs has joined a group of financial and digital asset firms that have launched a tokenized real estate fund, adding another institutional-backed project to a market that has gained momentum across property investing. According to a Thursday announcement, Goldman…

The Hanoi police have initiated testing of AI-powered drones for traffic monitoring and control, developed by Vietnamese companies MiSmart JSC and Gtel Robot JSC. The drones transmit real-time video to the command center and officers' mobile devices. They operate at an altitude of 50 meters with a flight corridor of 20 meters.

AI-driven regulation of synthetic DNA could reshape biotech markets, favoring larger firms and biosecurity tech, while challenging decentralized science. The post OpenAI and Anthropic urge Congress to regulate synthetic DNA sales as AI lowers bioweapon barriers appeared first on Crypto Briefing.

TSMC's expansions in Japan and Germany highlight a strategic shift towards regional semiconductor production, reducing reliance on Taiwan. The post TSMC CEO announces capacity expansions in Japan and Germany to meet growing chip demand appeared first on Crypto Briefing.

Quantinuum's IPO success highlights growing investor confidence in quantum computing, potentially accelerating industry innovation and competition. The post Quantinuum raises $1.68B in IPO, putting quantum computing’s commercial future to the test appeared first on Crypto Briefing.

PI crashed 10% this week. Will the key support hold? PI Network (PI) Price Predictions: Analysis Key support levels: $0.13, $0.10 Key resistance levels: $0.16, $0.20 Market Crash Sends PI to Key Support This week, PI set a new record low after crashing by 10%. This has driven the price to the $0.13 key support […]

Charles Edwards warns a 28% quantum discount is suppressing Bitcoin price discovery due to developer inertia.

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Leaders from OpenAI, Anthropic, Google DeepMind, and Microsoft AI have signed an open letter calling for mandatory legislative checks on clients and orders from synthetic DNA and RNA suppliers, according to WIRED. The publication reports that the appeal was supported by Sam Altman (OpenAI), Dario Amodei (Anthropic), Demis Hassabis (Google DeepMind), and Mustafa Suleyman (Microsoft AI). The agreement also includes scientists, national security experts, and representatives from the gene synthesis industry. The initiative's authors proposed that suppliers be required to screen orders for synthetic nucleic acids and maintain records of such transactions. The letter specifically emphasizes the need for client identity verification and equipment control. The appeal notes that the rapid development of AI reduces "knowledge barriers," potentially allowing malicious actors to use neural networks to design dangerous pathogens and toxins, bypassing previous restrictions. Order screening is described as one of the most effective and "least burdensome" ways to mitigate biological threats. WIRED highlighted that some companies, such as Twist Bioscience, voluntarily conduct such checks as part of an industry consortium, yet no unified federal regulations exist in the US. Earlier, a bipartisan bill was introduced in the Senate to require all gene synthesis providers in the country to screen their counterparts for ties to terrorist organizations or attempts to recreate dangerous viruses. In June 2025, one of the largest medical charities, Wellcome Trust, allocated £10 million to launch the world's first project to create parts or even entire DNA from scratch.

Arthur Hayes sold HYPE and NEAR after a $100K bet, citing energy prices, AI IPOs and political risk as markets near a possible top.

AI is set to boost productivity and economic growth, dispelling fears of widespread job loss. The post David Solomon: AI will enhance productivity without causing job loss, the importance of human interaction in finance, and the evolving landscape of entry-level jobs | Odd Lots appeared first on Crypto Briefing.

AI's dual nature challenges ethical boundaries while offering tools to synthesize wisdom for global peace. The post Jamie Metzl: AI’s ethical challenges in rule-making, its potential to extract universal principles, and the necessity of human collaboration | Jordan Harbinger appeared first on Crypto Briefing.

XRP might lose the historic threshold way sooner than anticipated.

WISeKey (WKEY) stock falls as WISeSat files amended SEC forms for Nasdaq listing under WSAT ticker through SPAC combination with Columbus Acquisition. The post WISeKey (WKEY) Shares Drop as WISeSat Progresses Toward Nasdaq Launch Under WSAT Symbol appeared first on Blockonomi.

XRP is down 9% on the weekly chart! Can the support at $1 stop the downtrend? Ripple (XRP) Price Predictions: Analysis Key support levels: $1 Key resistance levels: $1.4, $1.6, $2 Downtrend Resumes After three months of XRP moving sideways to form a large pennant, the price finally fell below it. With this latest drop, […]

The mixed-party general election could reshape California's political landscape, influencing future bipartisan strategies and voter dynamics. The post Katie Porter out of California governor race, Becerra advances appeared first on Crypto Briefing.

Many traders expect Bitcoin to stage a short-term relief bounce toward $70,000, but the broader technical setup remains bearish for BTC.

• #bitcoin

Bitcoin is trading above $65,000 after a 12% breakdown over two days that erased weeks of recovery progress and forced a reassessment of the market’s structural integrity. The speed of the decline was alarming — but XWIN Research Japan has published an on-chain analysis that looks beneath the price action and identifies signals that complicate […]

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The potential resolution of US-Iran tensions could stabilize global oil markets, impacting energy prices and indirectly influencing crypto volatility. The post Trump says Iran negotiations progressing well, flags potential weekend updates appeared first on Crypto Briefing.

Quantinuum's IPO success signals growing investor confidence in quantum computing, potentially accelerating innovation and market expansion. The post Quantinuum raises $1.68B in upsized IPO, lands $15.6B valuation as quantum computing goes public appeared first on Crypto Briefing.

Broadcom (AVGO) shares fell 6.1% after earnings despite beating estimates with $22.19B revenue and 143% AI growth. Q3 guidance disappointed Wall Street. The post Why Broadcom (AVGO) Stock Dropped 6% Despite Crushing Earnings and AI Revenue Surge appeared first on Blockonomi.

The ceasefire's success could stabilize regional tensions, impacting crypto markets and potentially altering Lebanon's economic reliance on stablecoins. The post Israel and Lebanon agree to ceasefire contingent on Hezbollah withdrawal from South Litani appeared first on Crypto Briefing.

Rising geopolitical tensions and oil prices could hinder economic growth, complicate monetary policy, and challenge crypto market stability. The post Wall Street pulls back from record highs as Middle East tensions rise and crude prices climb appeared first on Crypto Briefing.

XRP trades near $1.18 after a 5.56% drop as whale selling, ETF outflows and weak technical signals put $1.10 and $0.84 in focus for traders.

Bitdeer (NASDAQ: BTDR) has started construction on a vertically integrated energy and computing facility in Alberta, advancing a project that reflects how bitcoin miners are increasingly pairing data centers with dedicated power generation as demand from AI workloads reshapes the market for electricity and digital infrastructure. This article first appeared in The Energy Mag. The […]

This incident could undermine trust in prediction markets, potentially deterring future participants and affecting market integrity. The post Polymarket accused of changing settlement rules to void winning bet on Strategy Bitcoin sale appeared first on Crypto Briefing.

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Wyoming Governor Mark Gordon has signed the executive order "Data Centers the Wyoming Way," establishing a framework for the development of data centers in the state. The order mandates authorities to prepare implementation recommendations within 60 days and sets requirements for the protection of water resources, local community interests, and natural areas.

TSMC (TSM) stock declined 1.7% after CEO warned AI chip demand will exceed supply for years. Details on US expansion and High-NA EUV technology plans. The post Taiwan Semiconductor (TSM) Stock Drops as CEO Projects Years-Long AI Chip Supply Shortage appeared first on Blockonomi.

A rare 25 BTC Casascius physical coin worth $1.78M was unsealed June 2 after 12 years. Only 0.01 BTC moved—here's why collectors are watching closely. The post Collector Unseals $1.78M Casascius Physical Bitcoin After 12-Year Dormancy appeared first on Blockonomi.

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The U.S. Treasury's Bitcoin Reserve plan and CLARITY Act push could redefine crypto regulation, boosting market confidence and Bitcoin's appeal. The post US Treasury to establish Bitcoin Reserve, urges CLARITY Act approval appeared first on Crypto Briefing.

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Charles Schwab has significantly expanded its footprint in the digital asset derivatives market by launching 24/7 cryptocurrency futures trading on its popular thinkorswim platform.

Bitcoin has fallen more than 16% over the past month even as the S&P 500 has gained 5%, a divergence that Charles Schwab says is being driven less by crypto-specific problems and more by investors chasing opportunities elsewhere. According to…

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The potential end of the ceasefire could escalate US-Iran tensions, impacting regional stability and complicating US domestic politics. The post President Trump considers ending Iran ceasefire if US troops killed appeared first on Crypto Briefing.

OpenAI's distancing from lobbying highlights the growing influence and strategic convergence of AI and crypto in shaping future regulations. The post OpenAI CEO Sam Altman distances firm from lobbying efforts during Capitol Hill visit appeared first on Crypto Briefing.

Alphabet's massive AI investment signals a tech arms race, potentially reshaping global AI infrastructure and impacting market dynamics. The post Alphabet raises $84.75B in upsized equity offering to fund massive AI buildout appeared first on Crypto Briefing.

Treasury Secretary Bessent confirms US Bitcoin reserve progress and pushes Senate to pass CLARITY Act. Current holdings valued at $215 billion. The post Treasury Secretary Confirms Progress on Bitcoin Reserve, Calls for Senate Action on CLARITY Act appeared first on Blockonomi.

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Hyperliquid (HYPE) reaches all-time highs above $74 as Grayscale launches HYPG ETF. Three US ETFs attract $136M+ in inflows amid record platform volume. The post Hyperliquid (HYPE) Surges Past $74 as Grayscale ETF and Institutional Demand Fuel Rally appeared first on Blockonomi.

On June 4, the price of the leading cryptocurrency fell to $61,351. Amid the negative trend, the market faced a massive wave of long position liquidations. Hourly chart of BTC/USDT on Binance. Source: TradingView. At the time of writing, digital gold is trading at $63,581.  Following Bitcoin, altcoins also entered the "red zone": Ethereum tested values below $1800, Solana dropped to $69, and XRP was trading at $1.17. Source: CoinMarketCap. In the past 24 hours, the volume of forcibly closed positions in the market amounted to about $1.63 billion, with the majority being longs — $1.38 billion. Source: CoinGlass. Delta Exchange analyst Riya Segal, in a comment for The Economic Times, linked the sell-off to a combination of factors: ongoing outflows from spot Bitcoin-ETF, geopolitical instability, and the breach of key support levels, which triggered a cascade of liquidations. Experts at CoinDesk noted that the $65,000 zone served as an important technical threshold. Holding below this mark opens the way for testing the $60,000 level. Simultaneously, on the Deribit options exchange, there was a surge in interest in put positions with strikes at $50,000, $55,000, and $65,000, expiring at the end of June.  Additional pressure on the market is exerted by the movement of institutional demand. On June 3, U.S. spot Bitcoin ETFs recorded a net outflow of $396.6 million. The continuous negative trend has persisted since May 15, marking the 13th consecutive session. Source: SoSoValue. Giottus CEO Vikram Subburaj emphasized that the lack of capital inflow into funds deprived the asset of support that contributed to growth earlier in the year. On June 2, Bitcoin fell below $70,000 amid increasing ETF outflows.

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Bitcoin drops 16% as investors shift capital to AI stocks and IPOs. ETF outflows surge while analysts caution about potential further declines ahead. The post Bitcoin (BTC) Loses Ground as AI Stocks and IPOs Capture Investor Interest appeared first on Blockonomi.

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The lawmakers are also asking the FTC for information on whether it has plans to take investigative or enforcement action against prediction markets for possible deceptive practices.

Maelstrom predicts the WLD token will reach $5 by August, a gain of around 900% from current levels.

Strategy has about $900 million sitting in its USD reserve account, even as its stock takes a beating on Wall Street following the company’s first Bitcoin sale in years. Stock Slides As Investors Grow Uneasy MSTR shares dropped more than 9% on Tuesday, June 2, and are now down nearly 25% over the past month. […]

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Zcash (ZEC) trades at $619 after a network halt, with shielded supply hitting record highs and 30-day gains reaching 45%. What's driving the rally? The post Zcash (ZEC) Surges 6% Despite 3-Hour Network Halt — What’s Behind the Rally? appeared first on Blockonomi.

Ethereum price trades near $1,778 after a 5% drop as RSI turns oversold, $1,825 fails and analysts watch $1,700 and $1,500 as next support levels.

The XRP ETFs were in the red as well yesterday for the first time in over a month.

The surge in defense orders highlights escalating military-industrial activity, impacting global security dynamics and regulatory landscapes. The post Pentagon reports 53% surge in defense orders amid Iran conflict appeared first on Crypto Briefing.

Ethereum's transaction surge highlights the network's growing utility and resilience, despite ETH's stagnant price, underscoring crypto's complex dynamics. The post Ethereum processes $9.92B in transactions on June 2, marking two-month high appeared first on Crypto Briefing.

Ark Invest's strategic focus on AI infrastructure highlights a long-term commitment to tech innovation, influencing market dynamics and investor sentiment. The post Ark Invest buys 267,582 shares of Google in $96M bet on Alphabet’s AI future appeared first on Crypto Briefing.

Senator Cynthia Lummis has indicated that the Senate could take until August to complete work on the CLARITY Act as lawmakers continue assembling the final version of the crypto market structure bill. Speaking with journalist Eleanor Terrett, Lummis said a…

Bitmine announces $300M preferred stock offering with 9.5% annual yield, mirroring Strategy's successful model as Ethereum prices hit 14-month lows. The post Bitmine Unveils $300M Preferred Stock Plan With 9.5% Dividend, Following Strategy’s Blueprint appeared first on Blockonomi.

Bitcoin drops under $62K triggering $1.5B crypto liquidations. Stock futures fall on Iran war concerns as Broadcom earnings miss expectations. The post Bitcoin (BTC) Plunges Below $62K as Markets React to Geopolitical Tensions and ETF Outflows appeared first on Blockonomi.

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Revolut is pursuing a U.S. banking charter to offer FDIC-insured deposits, stablecoins, and stock trading. Learn about the OCC application and launch plans. The post Revolut Eyes U.S. Banking License to Deliver Stablecoins and Federal Deposit Insurance appeared first on Blockonomi.

SpaceX files for $75B IPO at $135/share, bringing 18,712 Bitcoin worth $1.29B to public markets. What this means for cryptocurrency investors. The post SpaceX IPO: Elon Musk’s Rocket Company Takes $1.29B Bitcoin Stash Public appeared first on Blockonomi.

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XRP trades near $1.22 after touching $1.14. Analyst warns of potential decline to $0.84 Middle Regression Band. Key resistance at $1.20 holds. The post XRP (XRP) Price Alert: Crypto Analyst Predicts Potential Dive to $0.84 appeared first on Blockonomi.

Coinbase froze $3M in cryptocurrency linked to Southeast Asia scam operations. Meta, Microsoft, and Starlink assisted in DOJ effort. 63 arrested. The post Coinbase Blocks $3M in Crypto Assets Linked to Southeast Asia Fraud Rings appeared first on Blockonomi.

Ethereum (ETH) falls to $1,814, marking a 14-week low. With $847M in ETF outflows and weak US demand, analysts warn $1,800 may not hold much longer. The post Ethereum (ETH) Plunges to $1,800 — Analysts Warn of Deeper Decline Ahead appeared first on Blockonomi.

Mt. Gox transferred $8.16M in Bitcoin to Bitstamp as BTC fell below $62K. With October 2026 creditor deadline approaching, traders remain cautious. The post Mt. Gox Sends $8M in Bitcoin to Bitstamp, Sparking Market Concerns appeared first on Blockonomi.

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Bitmine Immersion Technologies (NYSE: BMNR) announced plans Wednesday to raise $300 million through a new 9.50% Series A Perpetual Preferred Stock offering, its latest capital markets move to expand the world’s largest corporate ethereum treasury. The Offering The said it company filed a preliminary prospectus supplement with the SEC on June 3, 2026, pricing 3,000,000 […]

Musk's potential trillionaire status highlights the transformative impact of private space ventures on global wealth dynamics and innovation. The post Elon Musk poised to become first trillionaire with $1.7T SpaceX IPO appeared first on Crypto Briefing.

Solana (SOL) drops to $69.53 after losing $77 support. Analysts target $53 as DEX volumes fall 62% and technical indicators turn bearish. The post Solana (SOL) Breaks Below Key Support as Analysts Eye $53 Target appeared first on Blockonomi.

AI agents have moved from experimental tools to active participants in financial markets, and Neyro’s Andrew Isaacs has argued that decentralized finance could become one of the sectors where the technology proves its value most clearly. Over recent weeks, several…

The CFTC's policy shift may lead to increased settlements, streamlined regulatory processes, and reduced litigation, impacting market dynamics. The post CFTC scraps no-deny policy, allows settlements amid denials appeared first on Crypto Briefing.

The anticipated progress in Iran talks could reshape geopolitical dynamics, impacting global markets and intensifying crypto regulatory scrutiny. The post Donald Trump expects progress in Iran talks by week’s end, with crypto markets watching closely appeared first on Crypto Briefing.

Worldcoin price jumps 62% weekly as Maelstrom sees WLD reaching $5 by August, citing AI IPO demand, Eightco holdings and unlock cuts ahead.

Blockchain analytics platform Chainalysis has reported that wallets interacting with Coinbase’s x402 protocol have generated more than 100 million transactions on Base since the payment standard launched, offering one of the clearest signs yet that machine-to-machine payments are beginning to…

Real Finance, the EVM-compatible Layer-1 blockchain that’s purpose-built for real-world asset tokenization, and Anchorage Digital, which is the first federally chartered crypto bank in the United States, announced a strategic partnership alongside a qualified institutional custodian. The goal is to provide the regulated infrastructure necessary for institutional-scale tokenized finance. Battling the Challenge of Industry Fragmentation […]

AI firm Anthropic mapped a year’s worth of AI-enabled cyber threats, finding that malicious actors are quickly becoming more dangerous with AI.

The Polymarket platform maintained the 'no' outcome on the bet regarding the sale of Strategy's bitcoins until May 31. Earlier, the company reported the sale of 32 BTC from May 26 to May 31, but the information was only published on June 1. The contract volume on Polymarket was approximately $80 million.

• #bitcoin

Gantz's stance complicates long-term peace prospects, as troop presence in Lebanon suggests limited progress beyond a temporary ceasefire. The post Gantz backs US-brokered Israel-Lebanon deal, insists troops stay in Lebanon appeared first on Crypto Briefing.

The ceasefire's success could stabilize regional tensions, impacting global markets and influencing geopolitical dynamics in the Middle East. The post Israel and Lebanon agree to ceasefire contingent on Hezbollah halting hostilities appeared first on Crypto Briefing.

Ignoring economic impacts in military decisions heightens market uncertainty, potentially slowing crypto adoption amid geopolitical tensions. The post Trump downplays Iran war impact, claims economy remains strong appeared first on Crypto Briefing.

The US Securities and Exchange Commission (SEC) has again pointed to its goal of regulating the cryptocurrency industry in a way that the agency says can both support innovation and protect investors.  In a draft plan covering fiscal years 2026 to 2030, the SEC places digital assets at the center of its regulatory agenda and […]

Workers in India have started filming first-person videos to train AI and humanoid robots for companies like Tesla and Figure AI. The market for such data ranges from 100 million to 1 billion hours of recordings, and project participants are sometimes unaware of the purpose of the materials.

BitMine Immersion Technologies, the largest corporate holder of Ethereum, has filed an application with the U.S. Securities and Exchange Commission to publicly offer 3 million perpetual preferred Series A shares. The nominal value of the shares is $100 each, with the company aiming to raise $300 million. The shares offer a fixed cumulative yield of 9.5% per annum, with weekly cash payments. The net proceeds are intended for general corporate purposes, including the purchase of additional Ethereum and other digital assets, expansion of infrastructure for staking and validation (including MAVAN), increasing working capital, and strategic investments in the ecosystem of the second-largest cryptocurrency by market capitalization. BitMine also considers repurchasing common stock. The firm reserves the right to redeem the new securities in full or in part for cash. In the first 18 months, the price will be 110% of the set value, from 18 months to three years — 105%, and after three years — 100%, plus accrued and unpaid dividends in all cases. Holders can also demand redemption upon significant changes. The company has applied to list the shares on the New York Stock Exchange under the ticker BMNP. Trading is expected to commence within 30 days of issuance. Moelis & Company and Cantor are acting as joint bookrunners. In May, BitMine reported acquiring 111,942 ETH, marking the firm's largest transaction in 2026.

Polymarket has finalized a disputed prediction market with a “No” outcome after 98.6% of voting power backed the decision in a final UMA review, despite Strategy disclosing that it sold 32 Bitcoin before the market’s May 31 deadline. According to…

• #bitcoin

Bitcoin drops below $62K amid $1.5B liquidations, $1B ETF outflows, and Strategy's first BTC sale in four years. Analysis of the crypto market decline. The post Bitcoin (BTC) Plunges Below $62K Amid Record ETF Withdrawals and $1.5B Liquidation Wave appeared first on Blockonomi.

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U.S. House Democrats urge FTC to probe prediction markets over ads that frame event contracts as sports betting despite financial-product claims.

Rising redemption requests in private credit funds could trigger asset sales at discounts, impacting institutional investors and market stability. The post US asset managers fall as investors brace for private credit fund updates appeared first on Crypto Briefing.

The massive IPOs of SpaceX and Anthropic could strain market liquidity, prompting shifts in tech investments and heightened governance scrutiny. The post SpaceX, Anthropic prepare for major US IPOs amid investor scrutiny appeared first on Crypto Briefing.

The conviction may deter aggressive short-selling tactics, prompting stricter scrutiny on activist investors' market influence strategies. The post Andrew Left found guilty of securities fraud, reshaping activist short selling appeared first on Crypto Briefing.