Micron (MU) stock rebounds 7% after Friday's 13% drop. Nvidia confirms Micron as HBM4 supplier, easing concerns over SK Hynix partnership announcement. The post Micron (MU) Stock Surges 7% After Friday’s Sharp Decline—What’s Behind the Recovery? appeared first on Blockonomi.

Marvell (MRVL) stock surges 7.4% after S&P 500 inclusion confirmed for June 22. Flex also joins index as Campbell's and Pool Corp exit. The post Marvell (MRVL) Stock Surges 7% on S&P 500 Addition Announcement appeared first on Blockonomi.

FuelCell Energy (FCEL) shares dropped 19% after reporting a Q2 loss of $77.6M, double last year's loss, with revenue down 5% and a $42.6M impairment charge. The post FuelCell Energy (FCEL) Stock Plunges Nearly 20% Following Disappointing Q2 Earnings Report appeared first on Blockonomi.

Nurix Therapeutics (NRIX) partners with Roche in $2.3B deal for blood cancer drug bexobrutideg. $700M upfront, Phase III trials begin this summer. The post Nurix Therapeutics (NRIX) Stock Drops as Roche Announces $2.3 Billion Cancer Drug Partnership appeared first on Blockonomi.

American Battery Technology (ABAT) stock surged 30% after successfully appealing the DOE's grant termination, restoring $115M in funding for its Nevada refinery. The post American Battery Technology (ABAT) Stock Soars 30% as DOE Restores $115M Lithium Refinery Funding appeared first on Blockonomi.

Battalion Oil (BATL) stock jumped up to 48.5% premarket as Israeli strikes on Iran pushed Brent crude above $97, triggering a rally in energy stocks. The post Battalion Oil (BATL) Stock Soars in Premarket on Middle East Tensions and Rising Crude Prices appeared first on Blockonomi.

Eli Lilly stock jumps on Foundayo obesity trial results, Nurix surges 38% on $2.3B Roche deal, and AI chip stocks recover from Friday's decline. The post Monday’s Stock Winners: Eli Lilly (LLY), Nurix (NRIX), and Broadcom (AVGO) Rally appeared first on Blockonomi.

Strategy bought 1,550 Bitcoin for $101.3M, lifting holdings to 845,256 BTC and raising its cash reserve to $1 billion after selling 32 BTC.

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For most of Bitcoin’s history, the threat of quantum computers breaking its cryptography was a distant, theoretical worry, the kind of thing dismissed with “by the time that happens, we will have fixed it.” In 2026, the fixing has begun.…

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China’s Supreme People’s Procuratorate published a landmark case on June 7 in which prosecutors in Qingdao successfully argued that Bitcoin qualifies as legally protected property under the country’s criminal law — sentencing a thief to nearly 11 years in prison for stealing 107 Bitcoin — in a ruling that creates a striking legal contradiction at […]

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The attack signals a tactical escalation, undermining ceasefire efforts and decreasing the likelihood of a permanent peace deal. The post Hezbollah targets Israeli army site in Adaisa with rocket barrage appeared first on Crypto Briefing.

Bitcoin has attracted about $12 billion in combined inflows from exchange-traded funds and corporate treasury buyers in 2026, even as ETF investors pulled a net $2.6 billion from the market, according to Bernstein. Bernstein analysts led by Gautam Chhugani said…

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Bybit's IPO Express could democratize access to major IPOs, potentially reshaping investment landscapes and broadening market participation. The post Bybit launches IPO Express, opens tokenized SpaceX IPO subscription via xStocks appeared first on Crypto Briefing.

The $2.6 billion outflow from US spot bitcoin ETFs since the start of 2026 and the market's 'boring' performance do not undermine the thesis of the leading cryptocurrency as a store of value. This is according to a report by The Block, citing Bernstein. Experts led by Gautam Chhugani noted that the current cycle shows weaker dynamics compared to previous growth periods, yet the market structure remains healthy. They attributed the current volatility to limited liquidity and retail investors' interest in the AI sector, rather than a loss of faith in digital gold. Bernstein acknowledged that in short periods, the asset still correlates with risky instruments. Nevertheless, bitcoin adoption has expanded through institutional platforms, pension funds, and corporate treasuries. According to Glassnode, 61% of the market supply has remained inactive for over a year. Corporate purchases were identified as the main demand driver offsetting ETF outflows. Strategy plays a key role here, having raised $7.5 billion through preferred instruments in 2026 to purchase approximately 100,000 BTC. Currently, the company manages over 818,000 BTC, with the risk of forced sales considered minimal. Meanwhile, Glassnode analysts observed some market pressure: realized capitalization growth has slowed to nearly zero, and the share of supply in profit has decreased to 59.8%. Despite this, Bernstein maintains a bullish outlook. Back in April, Bernstein analysts identified $60,000 as a 'clear bottom' for bitcoin.

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Strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1.0 billion. Executive Chairman Michael Saylor disclosed the purchase on X on June 8, 2026, sharing the company’s updated reserve figures. The announcement came exactly one week after Strategy’s first disclosed […]

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Man in eastern China who stole 107 Bitcoin using a memorized seed phrase gets 10 years and nine months behind bars.

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Bitcoin traders warned that it should be Q3 at least before the real BTC price bear market bottom entered.

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Analysts have outlined numerous times in the past week the significance of that one minor sale. But, that narrative could evaporate if Strategy keeps buying.

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Strategy's aggressive Bitcoin accumulation highlights institutional confidence in crypto's long-term potential despite current market volatility. The post Strategy buys 1,550 Bitcoin for $101 million after offloading 32 coins appeared first on Crypto Briefing.

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SHIB and DOGE regain attention as investors explore utility-focused meme projects like Little Pepe and its L2 vision. Several experts predict a comeback for SHIB and DOGE, particularly among retail traders and other digital asset participants, because Shiba Inu has…

Solana fell to $66 as whales cut exposure and analysts flag $50. But the network is shipping its biggest-ever upgrades. Inside the exodus and the paradox.

Bitcoin’s weekend crash below $60,000 can be linked to a deeper meaning relating to the May 2026 jobs report that came in far stronger than expected.  The report from the US Department of Labor shows a resilient labor market, but it also complicated the liquidity that risk assets had been trying to price in, leaving […]

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Divergent ECB rate hike forecasts could lead to significant market volatility, impacting bond yields, currency strength, and risk assets. The post JPMorgan AM and Pictet predict ECB rate hike will be ‘one and done’ appeared first on Crypto Briefing.

Eli Lilly (LLY) stock jumped 4% after Phase 3 data revealed retatrutide cut sleep apnea by 60% and knee pain by 73%, outpacing rival Novo Nordisk. The post Eli Lilly (LLY) Stock Surges 4% Following Breakthrough Sleep Apnea Trial Results appeared first on Blockonomi.

Solana price has rebounded from a three-year low after a wave of liquidations eased and buyers stepped back into the market, though traders remain divided on whether the token can reclaim its May highs. According to data from crypto.news, Solana…

JuCoin's withdrawal issues and reserve doubts highlight the critical need for transparency and third-party audits in cryptocurrency exchanges. The post ZachXBT flags JuCoin over withdrawal issues and reserve concerns appeared first on Crypto Briefing.

TLDR: Bitcoin dropped 16% this week as aggressive futures selling on Binance dominated price action. Binance recorded nearly $15B in futures sell volume on Friday alone, signaling mass capitulation. Spot Bitcoin ETFs posted $1.75B in net outflows, marking their worst weekly result since April 2025. Analyst Astronomer argues the four-year cycle bottom need not breach [...] The post BTC Drops 16% as $15B Binance Futures Selling Triggers Capitulation Wave appeared first on Blockonomi.

Goldman Sachs delays Fed rate cut forecast to 2027 after strong jobs data. Bank projects inflation above 3% in 2026 and raises rate hike probability to 20%. The post Goldman Sachs Delays Fed Rate Cut Expectations Until 2027 Amid Robust Employment Data appeared first on Blockonomi.

FixedFloat will suspend Huobi-linked funds for checks after UK sanctions, while ZachXBT warns broad wallet tainting may distort risk scores.

Iran's announcement may signal regional de-escalation, impacting market stability and reducing the likelihood of further military actions. The post Iran declares end of military operations against Israel: Fars appeared first on Crypto Briefing.

IBM (IBM) stock drops as new research exposes critical AI governance gaps, rising security incidents, and budget oversight challenges facing enterprise CIOs. The post IBM (IBM) Stock Drops Amid Escalating AI Governance Concerns appeared first on Blockonomi.

IBM stock drops as new research reveals major AI governance challenges, with CIOs struggling to manage rising incidents, budget visibility, and control gaps. The post IBM (IBM) Stock Drops as Enterprise AI Governance Challenges Mount appeared first on Blockonomi.

IBM stock drops as enterprise AI study exposes governance gaps, rising incidents, and budget control challenges facing technology leaders. The post IBM (IBM) Stock Drops as Enterprise AI Governance Challenges Escalate appeared first on Blockonomi.

What's next for XRP after dumping by double digits over the last week?

South Korea’s KOSPI index plunged 8.4% on Monday, triggering a rare circuit breaker that froze trading for 20 minutes as a global semiconductor selloff battered Asian markets and rattled risk assets, including crypto. A Rare Trading Halt The Korea Exchange activated a Level 1 circuit breaker at 9:03 a.m. local time, suspending trading for 20 […]

The repeated targeting of nuclear sites in Ukraine raises global concerns about nuclear safety and the potential for catastrophic escalation. The post Ukraine reports drone strike on nuclear fuel facility near Chernobyl appeared first on Crypto Briefing.

The tariff reduction catalyzes significant Swiss investment in the US, potentially boosting job creation and economic ties, contingent on stable trade relations. The post Swiss firms pour $27B into the US after tariff deal slashes rates from 39% to 15% appeared first on Crypto Briefing.

Venice redefines AI privacy by offering a user-friendly platform that shields personal data from tech giants. The post Jon: Venice prioritizes user privacy over data exploitation, aims to be a household AI brand, and focuses on usability for non-crypto users | Bankless appeared first on Crypto Briefing.

James Wynn just changed direction. The named Hyperliquid whale, one of the most closely watched on-chain traders in the crypto derivatives space, has closed his Bitcoin and Solana short positions for a $6,400 profit and immediately pivoted to maximum leverage long positions on both Bitcoin and Ethereum. The move was captured and published by Lookonchain, one of the most reliable on-chain tracking accounts in the space, and the full position detail is visible through Hyperbot for anyone who wants to verify it directly. Wynn opened 6.05 BTC worth approximately $373,000 and 5.3 ETH worth approximately $8,500, both at maximum leverage. The post James Wynn Flips From Short to Max-Leverage Long on Bitcoin and Ethereum After Closing Profitable Short appeared first on The Merkle News.

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Michael Saylor is signaling that Strategy is not flinching. As Bitcoin tumbles and the broader market bleeds, the company’s founder is hinting at fresh accumulation, even as Strategy itself sits on over $11 billion in unrealized losses and a growing list of corporate crypto treasury holders watch their balance sheets crater in real time. Saylor took to X to signal that Strategy has either already begun buying Bitcoin during the current price dip or is preparing to do so at the start of the week. He framed it around the company’s core mission: grow net Bitcoin holdings and increase BTC The post Saylor Hints Strategy Is Buying the Bitcoin Dip as Corporate Crypto Treasuries Bleed Billions in Unrealized Losses appeared first on The Merkle News.

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TLDR: Bitcoin dropped from roughly $82,000 to the low-$60,000 range amid broad market selling pressure.  The crypto market has corrected nearly 53% from its peak as fear overtook sentiment rapidly. ETF outflows, Mt. Gox transfers, and macro uncertainty converged to trigger the sharp decline.  Analysts say the selloff reflects a leverage and sentiment reset, not [...] The post Crypto Selloff Explained: Leverage, ETF Outflows, and Macro Pressure Hit at Once appeared first on Blockonomi.

Market volatility drives interest in AI-powered platforms like XRPPower for digital asset management and analysis. The cryptocurrency market has experienced significant volatility in recent weeks. Affected by global macroeconomic uncertainty, changes in institutional fund flows, and declining investor risk appetite,…

A Chinese court jailed a man for 10 years and nine months after he memorized a seed phrase, stole 107 Bitcoin and took 660,000 yuan in cash.

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Zcash fell to a low of $250 and has significantly rebounded from this price level.

With Bitcoin down around 22% for the year, Ethereum off nearly 29% in a single quarter, the Fear and Greed Index buried at 13, and altcoins like Cardano at six-year lows, the question on every crypto holder’s mind has shifted.…

South Korea's regulatory shift may stabilize the won, but it could also deter speculative trading, impacting market dynamics and investor strategies. The post South Korea unveils measures to stem won slide and curb speculation appeared first on Crypto Briefing.

The UK's AI chip procurement plan could bolster domestic tech growth, enhance national security, and stabilize supply chains amid global competition. The post UK government plans to buy AI chips from British tech firms in bid to stop brain drain appeared first on Crypto Briefing.

Virtuals' modular launch options empower crypto founders with tailored pathways, potentially enhancing project success and investor confidence. The post Virtuals unveils modular launch options for crypto founders appeared first on Crypto Briefing.

AMD announces £2B UK AI investment over five years for research partnerships, compute capacity expansion, and supercomputing infrastructure growth. The post Advanced Micro Devices (AMD) Stock: £2 Billion UK AI Investment Unveiled appeared first on Blockonomi.

Hyperliquid has rebounded from last week’s sharp selloff after Arthur Hayes appeared to re-enter the market, but bearish technical signals continue to threaten a move below the $55 support zone. According to data from crypto.news, Hyperliquid (HYPE) traded near $61.7…

XRP Ledger 3.2.0 targets June 15, renaming rippled to xrpld as operators prepare for infrastructure changes and XRP trades near $1.15.

The ongoing blockade exacerbates regional instability, disrupts global trade, and complicates diplomatic efforts for a peaceful resolution. The post Trump: US naval blockade of Iran to continue until final deal appeared first on Crypto Briefing.

Shiba Inu’s exchange flow has flipped bullish as onchain data shows that traders have bought more SHIB tokens than they have sold in the last 24 hours.

The shift of GitHub Copilot to token-based payments could signal a reevaluation of pricing and limits in the AI product market. This conclusion was drawn by TechCrunch following the Equity podcast. The discussion was prompted by changes in GitHub Copilot's pricing. Microsoft transitioned some users from a fixed subscription to a model based on the number of "building blocks" of processed information. A Reddit user described the situation as a "token-pocalypse" amid the sharp rise in AI tool expenses. In the podcast, TechCrunch editors Anthony Ha, Kirsten Korosec, and Sean O’Kane linked the potential price reevaluation to the high cost of developing and maintaining AI models. Ha noted that a significant portion of the market is still subsidized by investor capital, meaning some costs may eventually shift to end users. He assessed that companies like Anthropic, as they prepare for an IPO, will need to better explain to investors their path to reducing costs and achieving profitability. O’Kane cited Uber as an example. He mentioned that the company quickly exhausted its budget for AI tools and subsequently began restricting internal use. He doubted that model developers could reduce technology costs quickly enough to align with customers' willingness to pay. Korosec added that pricing approaches in the AI sector are changing too rapidly. In her view, the "token-maxing" trend became noticeable within a few months and has irritated the market. She also pointed to increased regulation in the US: On June 2, 2026, President Donald Trump signed an order allowing authorities to inspect powerful AI models before public release, as mentioned in the discussion. In May, Gartner analysts forecasted AI spending to grow to $2.59 trillion in 2026.

Permanent joint European debt could enhance euro stability, deepen capital markets, and elevate the euro's global reserve status. The post European Central Bank’s Patsalides pushes for permanent joint European debt to bolster euro stability appeared first on Crypto Briefing.

Russia's crypto restrictions may limit retail investor growth and innovation, while reinforcing Bitcoin, Ethereum, and USDT's market dominance. The post Central Bank of Russia restricts retail investors to Bitcoin, Ethereum, and USDT appeared first on Crypto Briefing.

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Congress is moving to ban lawmakers from crypto prediction markets like Polymarket and Kalshi over insider trading. Why it’s happening and why platforms agree.

The attack underscores ongoing risks to nuclear safety in conflict zones, highlighting the potential for catastrophic consequences if containment fails. The post Russian drone strikes nuclear-fuel storage facility near Chornobyl, Ukraine reports appeared first on Crypto Briefing.

Bitcoin is actually cheap, suggests strong market indicator.

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Josh Swihart, founder of Zcash Open Development Lab (ZODL), announced the resolution of a critical vulnerability in the Orchard shielded pool. Following this, the asset's prices began to recover from a significant decline. https://t.co/9gaPMvTc9G— Josh Swihart 🛡 (@jswihart) June 7, 2026 According to Swihart, the fix was implemented in two phases. Initially, the team conducted a soft fork to temporarily disable transactions in Orchard. This reduced the risk of bug exploitation without prematurely disclosing technical details. The second phase was the NU6.2 hard fork, activated on June 3. After the update, the pool's functionality was fully restored. The critical flaw in the Proof-of-Concept scheme of Orchard was discovered by independent researcher Taylor Hornby during an audit for Shielded Labs. The bug theoretically allowed for unlimited fake issuance of ZEC. However, Shielded Labs stated that actual exploitation of the vulnerability was unlikely. Following the disclosure on June 4, the price of the privacy coin plummeted by more than 50%. The incident sparked criticism from community members. Notably, BitMEX co-founder Arthur Hayes announced the complete liquidation of his position in the token. In addressing the aftermath, ZODL coordinated with mining pools ViaBTC and Foundry, as well as exchanges, to conduct code reviews of the fixes. "We not only solved the problem but also practically tested incident response processes, strengthening the network's resilience," Swihart emphasized. At the time of writing, ZEC is trading at $429.08. Over the past day, the privacy coin has gained 13.5%, recovering 41.5% from the lows of June 5. Hourly chart of ZEC/USDT on Binance. Source: TradingView. Concurrently, ZODL, in collaboration with the Zcash Foundation and Shielded Labs, presented a proposal for network upgrades and the creation of a new pool, Ironwood. It is expected to be based on Orchard but will undergo additional independent audits and formal verification. In May, the price of the privacy coin broke the $585 mark for the first time since November 2025.

From June 1 to June 5, U.S. spot Bitcoin ETFs experienced a net outflow of $1.72 billion. This marks the largest weekly withdrawal in over a year, according to The Block, citing SoSoValue. The largest outflow was from BlackRock's IBIT, amounting to approximately $1.34 billion. Amid weakening flows, Bitcoin fell to $61,195 but later recovered above $63,000.

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Oil prices jumped 5% after Israel and Iran broke their April ceasefire. Brent crude approached $98 as Hormuz tensions threaten global supply. The post Crude Oil Soars 5% as Israel-Iran Ceasefire Collapses — $100 Per Barrel in Sight? appeared first on Blockonomi.

A single whale bought 1,656 BTC worth about $98.9 million almost exactly at this month’s local bottom, then booked roughly $3.5 million in paper profit within two days as bitcoin rebounded. Buying the Exact Bottom The purchase landed as bitcoin carved out its weakest level of 2026, touching an intraday low near $59,100 on June […]

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Israeli public support for military presence in Lebanon complicates peace efforts, potentially prolonging regional tensions and impacting diplomacy. The post Israelis push Netanyahu to maintain military presence in Lebanon appeared first on Crypto Briefing.

SpaceX's $75B IPO aims for a $1.75T valuation this week. Most analysts warn investors to avoid day-one buying due to volatility and governance concerns. The post SpaceX IPO Launch Imminent: Why Wall Street Experts Urge Caution on Day One appeared first on Blockonomi.

IATA slashes 2026 airline profit forecast to $23bn amid 70% jet fuel surge. European carriers face 26% profit decline as fuel costs reach $350bn industry-wide. The post Soaring Jet Fuel Prices Drive Airline Industry Profits Down 49% in 2026 appeared first on Blockonomi.

South Korea's KOSPI index crashed 8.3% Monday in its worst session since March, led by Samsung and SK Hynix amid global chip stock selloff. The post KOSPI Plunges Over 8% as Semiconductor Stocks Drive Historic Market Decline appeared first on Blockonomi.

Zealand Pharma (ZEAL) stock plunged 25% after survodutide obesity trial showed 1 in 4 patients quit due to GI side effects despite strong weight loss data. The post Zealand Pharma (ZEAL) Plummets 25% on Survodutide Tolerability Concerns appeared first on Blockonomi.

SK Hynix (000660) partners with NVIDIA on next-generation AI memory for supercomputers, personal AI, and robotics platforms in multi-year deal. The post SK Hynix (000660) Stock: Multi-Year NVIDIA Partnership Unlocks AI Expansion appeared first on Blockonomi.

edgeX has paid 50% of approved June 2 claims in USDC, with the remaining half due in EDGE tokens in April 2027 and claims closing on June 9.

The drone strikes during SPIEF 2026 highlight vulnerabilities in Russia's security, potentially deterring foreign investment and impacting markets. The post Ukrainian drones strike St Petersburg during SPIEF 2026, sending smoke plume over Russia’s flagship economic forum appeared first on Crypto Briefing.

Nvidia (NVDA) announces four AI partnerships in South Korea, including gigawatt-scale cloud projects with SK Telecom, memory deals with SK hynix, and more. The post Nvidia (NVDA) Secures Four Major AI Partnerships During Seoul Visit appeared first on Blockonomi.

OpenAI is transforming ChatGPT into a superapp with Codex, Atlas browser, and partner integrations as it prepares for IPO alongside rival Anthropic. The post OpenAI’s Radical ChatGPT Transformation Signals IPO Ambitions appeared first on Blockonomi.

Iran's actions heighten geopolitical tensions, risking global energy supply disruptions and economic instability in Gulf regions. The post Iran blocks key straits, plans strikes on Gulf energy sites appeared first on Crypto Briefing.

Amazon (AMZN) stock gains as the e-commerce giant reveals its natural-language Proteus robot, announces €10B for Europe, and eliminates 30,000 positions. The post Amazon (AMZN) Stock Rises as Company Unveils AI-Powered Warehouse Robots and Cuts Jobs appeared first on Blockonomi.

NY court freezes lawsuit claiming ownership of 39,069 dormant Bitcoin wallets worth billions. July 14 hearing will address contested ownership claims. The post New York Judge Halts Controversial Bitcoin Wallet Ownership Lawsuit appeared first on Blockonomi.

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Apple (AAPL) trades at $307 as Morgan Stanley maintains $330 target. WWDC AI updates and Siri improvements could serve as key catalysts for the stock. The post Apple (AAPL) Stock: Will WWDC’s AI Showcase Justify Morgan Stanley’s $330 Price Target? appeared first on Blockonomi.

Ironwood would close the old Orchard pool to new activity and route funds through a turnstile before they enter a new shielded pool.

WISeKey (WKEY) stock declined as the company launched SEALCOIN Quantum Marketplace and QAIT platform to address quantum computing cybersecurity threats. The post WISeKey International Holding AG (WKEY) Stock Falls as Quantum Security Platform Debuts appeared first on Blockonomi.

Naver stock jumped 14% after unveiling an AI infrastructure partnership with Nvidia to develop data centers across South Korea starting at 55 megawatts. The post Naver (NHNCF) Stock Soars 14% on Nvidia AI Infrastructure Deal appeared first on Blockonomi.

SpaceX's record IPO, May CPI inflation data, and earnings from Oracle and Adobe headline a critical week for investors. Here's what to watch. The post SpaceX IPO, Inflation Report, and Tech Earnings Dominate This Week’s Market Calendar appeared first on Blockonomi.

Strive Asset Management has backed efforts to remove capital gains taxes on Bitcoin transactions in the U.S., as its CEO says the firm is actively working with policymakers while lawmakers prepare to review digital asset tax rules. According to Matthew…

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Classiq and Pontificia Universidad Católica de Chile have initiated a 12-month project to develop hybrid quantum algorithms for the analysis of biomedical images and computational pathology, according to a press release. Initially, the team will focus on kidney pathologies, including lesion classification, glomeruli segmentation, and pattern detection in histological images. The project will utilize the Classiq platform and NVIDIA CUDA-Q; the selected algorithms will be simulated on NVIDIA infrastructure, executed on IonQ quantum hardware, and compared with classical machine learning methods.

SIREN, NEAR, and DeXe follow suit in terms of daily gains, all with double digits.

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XRP price has stabilized near $1.14 after a sharp weekly selloff, but analyst warnings and weak technical structure suggest the token could still revisit $0.90 before forming a durable bottom. According to data from crypto.news, XRP (XRP) price traded near…

Strategy will need to increase its dollar reserves to restore market confidence in the company's financial model, reports The Block, citing a JPMorgan report. The firm established a dollar reserve on December 1, 2025. Initially, it amounted to $1.44 billion. The funds were allocated for dividend payments on preferred shares and interest on debt. The minimum reserve goal is to cover at least 12 months of such payments, with a long-term target of 24 months or more. As of May 31, 2026, the reserve had decreased to $900 million. Strategy explained that it may adjust the reserve size based on market conditions and liquidity needs. On June 1, the company disclosed the sale of 32 BTC for approximately $2.5 million at an average price of $77,135. The funds were used for STRC payments. This was the first Bitcoin sale since late 2022. As of May 31, Strategy held 843,706 BTC with an average purchase price of $75,699. Experts believe the Bitcoin sale alarmed industry participants. The transaction heightened concerns about further liquidations to ensure shareholder payments. Strategy indicated that it determines the dollar reserve size considering STRC demand, credit risk, and market conditions. The company also considered selling Bitcoin if deemed advantageous. According to the JPMorgan report, the company's current fiat reserves are sufficient for only 6.3 months of dividend payments. Experts emphasized that Strategy needs to increase its dollar reserves to alleviate investor concerns. JPMorgan also noted that positive trends in the crypto market in the second half of the year will depend on the transparency of the company's financial strategy and the prospects of the CLARITY Act being adopted. In June, Grayscale analysts described Strategy's first Bitcoin sale in a long time as a "stress test" of its financial model.

Did SpaceX IPO fever trigger Bitcoin's crash? The capital-rotation theory examined: the evidence for and against, and the honest answer on the $1.8T IPO.

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Han's nomination as prime minister could accelerate South Korea's AI ambitions, potentially reshaping its economic and regulatory landscape. The post South Korea’s Lee nominates Han Seong-sook as prime minister to lead AI growth appeared first on Crypto Briefing.

Singapore's tax policy fosters a favorable environment for crypto investors, potentially influencing global regulatory approaches and investment strategies. The post Singapore’s 0% capital gains tax on crypto makes it a magnet for Bitcoin investors appeared first on Crypto Briefing.

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The recent crypto market turmoil highlights the risks of overleveraging and the fragility of investor sentiment, impacting market stability. The post Over $5.7 billion in long positions liquidated in 7 days as crypto markets face worst week since FTX collapse appeared first on Crypto Briefing.

Schiff said stablecoins have a legitimate use case, despite his longstanding criticism of much of the broader crypto industry.

XRP begins June with a bullish technical setup toward $1.37 ahead of a July 4 Senate vote.

JPMorgan analysts say Strategy’s last week sale of 32 bitcoin unsettled crypto markets and may force Michael Saylor’s company to rebuild its dollar reserves to restore confidence among investors. The warning comes as the bank turns more cautious on crypto, citing weaker capital flows, bitcoin’s break below estimated production cost, and reduced confidence in US […]

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A long-dormant Ethereum investor sold about $188 million in ether and related tokens just before this month’s market crash, then began buying back at sharply lower prices, completing a textbook round trip. A Well-Timed Exit The investor who has been holding coins since the network’s early days sold 60,000 ETH worth about $117.25 million and […]

OpenAI's ChatGPT revamp could disrupt SaaS markets, challenging existing platforms by centralizing diverse tools into a single ecosystem. The post OpenAI plans largest ChatGPT revamp since launch, aiming for ‘superapp’ status appeared first on Crypto Briefing.

Grayscale's move to include Canton Coin in an ETF highlights the growing trend of integrating niche crypto assets into mainstream finance, despite potential risks from supply concentration. The post Grayscale files for Canton ETF to hold Canton Coin directly appeared first on Crypto Briefing.

AI's economic viability is under scrutiny despite leading firms generating substantial revenue amid high losses. The post Rajiv Jain: AI’s economic viability is questionable, the importance of business fundamentals in volatile markets, and why active management is essential for long-term success | Capital Allocators appeared first on Crypto Briefing.

Rivian (RIVN) stock rallies 25% before R2 SUV deliveries start June 9. Analysis of institutional buying, analyst ratings, and insider activity. The post Rivian (RIVN) Stock Surges 25% Before R2 SUV Deliveries Begin – Is It a Buy? appeared first on Blockonomi.

Ethereum OG sold $188M before the crash and rebought ETH and WBTC at lower prices as ETH recovered near $1,666 while exchange reserves fell.

Elon Musk discusses Terafab with ASML, a $55B chip factory venture between SpaceX and Tesla targeting advanced 2nm semiconductors for AI and robotics. The post Elon Musk’s Terafab: Inside the $55B Chip Manufacturing Venture with ASML appeared first on Blockonomi.