Peter Schiff Slams MSTR: ‘Business Model Is a Complete Fraud,’ Says Bankruptcy Is Inevitable
Economist Peter Schiff didn’t hold back when criticizing the Bitcoin Treasury company Strategy Inc. (NASDAQ:MSTR), while issuing a stark warning on its future. What Happened: Schiff, a long-time Bitcoin (CRYPTO: BTC) critic, replied to a post on X by Strategy’s Executive Chairman, Michael Saylor, on Thursday. The post featured...
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Shiba Inu Burn Rate Soars 1,869% In One Day, But Doesn’t Make A Dent In Supply
Shiba Inu has witnessed a dramatic spike in its burn rate over the past 24 hours, according to data from Shiba Inu burn tracker Shibburn.com. The total number of tokens sent to burn addresses surged by over 1,800% during this period, marking one of the most notable increases in...
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Dow Jones inches up, S&P 500, Nasdaq gain as Trump pressures Fed
U.S. stocks are up as Fed rate cuts seem more likely....
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Mercurity Fintech to Raise $800M for Strategic Bitcoin Treasury Reserve
Mercurity Fintech Holding announced plans to raise $800 million to establish a Bitcoin treasury reserve. The New York-based digital fintech firm aims to use the funds to acquire and hold BTC as part of a broader strategy to reshape its treasury operations through tokenized finance. Mercurity Fintech Bets Big...
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USDC stablecoin launches on XRP Ledger
Circle’s USDC has a market capitalization of over $61 billion, making it the second-largest stablecoin, second to Tether’s USDt....
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DeFi Dev Crop secures $5b to expand Solana holdings
A strategic equity line gives the Nasdaq-listed company flexible $5 billion in buying power for SOL tokens while compounding staking yields in a bold crypto treasury play. On June 12, Solana (SOL)-focused crypto treasury firm DeFi Development Corp. announced it…...
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Bitcoin Will Rally as U.S. Growth Improves, Crypto Bills Progress: Coinbase Research
A more upbeat macroeconomic backdrop, growing corporate appetite for digital assets, and increased regulatory clarity will fuel a constructive outlook for crypto markets in the second half of 2025, according to a report by Coinbase Research. After a bumpy first quarter marked by a brief contraction in U.S. GDP...
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Trump says he won’t fire Fed Chair Powell, but urges faster rate cuts
President Donald Trump said Thursday he has no plans to fire Federal Reserve Chair Jerome Powell, despite mounting frustration with the central bank’s pace on interest rate cuts. Speaking at a White House event, Trump stated, “I’m not going to…...
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Trump says Fed can raise rates if inflation returns, but warns Powell will be “too late for that too”
Trump’s remarks highlight ongoing tensions with the Fed, potentially impacting future monetary policy decisions and economic stability. The post Trump says Fed can raise rates if inflation returns, but warns Powell will be “too late for that too” appeared first on Crypto Briefing....
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HashFly Becomes the Most Trusted Cloud Mining Platform of 2025 with Legally-Compliant, High-Yield Mining Contracts
England, UK, June 12, 2025 (GLOBE NEWSWIRE) — HashFly, a pioneering force in the cloud mining industry since its establishment in 2013, has solidified its position as the most trusted cloud mining platform of 2025. With a robust commitment to legal compliance, innovative AI-driven technology, and high-yield mining contracts,...
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