Month: June 2026

Asset management company Strive Asset Management has expanded its exposure to the largest cryptocurrency with a sizeable new purchase announced by the firm’s CEO minutes ago. The acquisition of an additional 2,500 BTC, bought for just over $185 million, signals continued institutional confidence in the asset despite recent market...

Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto)....

DTCC’s decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains....

Benchmark’s Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market....

Fundstrat’s Tom Lee defended Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) on Monday, arguing crypto’s long-term thesis remains intact despite recent underperformance. Lee On BTC and ETH Speaking on CNBC, Lee pushed back against claims crypto’s thesis is broken after recent weakness relative to AI and software stocks. The...

MoneyGram launched its own U.S. dollar stablecoin, MGUSD, as the payments giant deepens its push into blockchain-based global money movement. Initial U.S. Launch The stablecoin MGUSD will launch on the Stellar (CRYPTO: XLM) blockchain and will power a growing suite of digital financial services across MoneyGram’s global payments infrastructure....

Bitcoin (CRYPTO: BTC) broke below $70,000 on Tuesday, dropping 2.5% as spot ETFs opened the week with $483.76 million in outflows on Monday. Four Straight Weeks Of ETF Outflows With No Sign Of Stopping Weekly ETF outflows ran at $1.00 billion on May 15, $1.26 billion on May 22,...

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon says blockchain technology will eventually replace large parts of the financial system infrastructure, even as he continues distancing himself from speculative cryptocurrencies. “Not Worried About Stablecoins” Speaking at the Reagan National Economic Forum on May 29, Dimon said JPMorgan is already...

Influential investor and media personality Kevin O’Leary said on Monday that the “next big thing” in cryptocurrency would be determined by its adoption across different sectors of the S&P 500. What’ll Be The Gamechanger? O’Leary took to X, sharing a clip from his recent interview, in which he predicted the trajectory of...

Anthony Pompliano, CEO of Professional Capital Management, stated on Monday that selling pressure on Bitcoin (CRYPTO: BTC) appears to be easing, pointing to on-chain data from Binance Research. ‘Sustained Long-term Holder Conviction’ In a video posted on X, Pompliano cited four key data points to back his thesis. First, he...