Author: John Smith

Strategy has raised $466.7 million through fresh MSTR stock sales while leaving its Bitcoin holdings unchanged at 843,775 BTC for the week ending July 12. Summary Strategy raises $466.7 million through MSTR stock sales. Company keeps Bitcoin holdings unchanged at 843,775 BTC. Standard Chartered maintains $100,000 Bitcoin target despite treasury concerns. According to a Form 8-K filed with the U.S. Securities and Exchange Commission (SEC), Michael Saylor-led Strategy sold 4,818,781 Class A MSTR shares between July 6 and July 12 through its at-the-market (ATM) program, generating approximately $466.7 million in net proceeds. Despite the capital raise, the company reported that…

Coinbase Ventures has completed 30 startup investments during the first half of 2026, maintaining the industry’s most active venture pace despite a sharp slowdown in overall crypto fundraising. Summary Coinbase Ventures led crypto VC activity with 30 startup deals in H1 2026. DeFi, payments, and AI remained the top sectors attracting venture funding. Overall crypto fundraising stayed weak despite a modest recovery in June and July. According to CryptoRank, the venture arm of Coinbase led all crypto-focused investors with 30 deals between January and June, ahead of Animoca Brands with 19 investments, venture capital firm a16z with 18, and stablecoin…

Hyundai Motor’s U.S. and Mexican operations have completed a pilot cross-border treasury payment using Tether’s USDT stablecoin, settling a $20,000 transfer in about seven minutes over the Avalanche blockchain. Summary Hyundai completed a $20,000 USDT treasury transfer between the U.S. and Mexico in about seven minutes. The Avalanche-based pilot tested stablecoin settlement without changing existing treasury compliance and accounting processes. Tether continues expanding its enterprise strategy through corporate pilots and recent investments in blockchain infrastructure. According to Tether, the proof-of-concept involved Hyundai Motor America converting U.S. dollars into USDT before sending the stablecoin to Hyundai Motor Mexico, where it was…

Bitcoin and the broader crypto market have lost more than $20 billion in value after President Donald Trump’s latest remarks on the Strait of Hormuz pushed oil prices higher and accelerated risk-off selling. Summary Trump’s Strait of Hormuz remarks helped send Brent crude above $79 and fueled a sharp crypto selloff. Bitcoin fell more than 3% as the crypto market lost over $20 billion and liquidations topped $40 million. Traders now await U.S. CPI data and Fed Chair Kevin Warsh’s testimony for policy and market direction. Trump’s comments have intensified pressure across global markets President Donald Trump said on Monday…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI-powered cloud mining platforms are simplifying crypto participation by automating resource management, optimization, and daily operations for users. Summary XRPPower launches an AI-powered cloud mining platform, simplifying crypto mining with automation and enhanced security. The platform has unveiled an AI-driven cloud mining services with automated management, security upgrades, and compliance focus. It has expanded its AI cloud mining platform, highlighting automation, governance, and multi-layer security for users. Over the past few years, cloud mining has undergone several technological iterations,…

Bitcoin is trading around 62,700 dollars, and Jurrien Timmer, Fidelity’s director of global macro, is watching it drift toward a line he has tracked for more than a decade.  Summary Bitcoin is trading near Fidelity’s power law support zone, with the model’s lower boundary around 58,000 dollars. Jurrien Timmer views the area as an accumulation zone but is not calling a bottom without a clear catalyst. The power law support has aligned closely with major Bitcoin lows in 2015, 2018, and 2022. Bitcoin’s deviation from trend and its underperformance against gold now resemble prior cycle-bottom conditions. The main missing ingredient…

Metaplanet has officially launched Metaplanet Securities, turning its completed acquisition of Siiibo Securities into a regulated digital asset investment banking business built around Bitcoin-backed financial products. Summary Metaplanet has launched Metaplanet Securities after completing its acquisition of Siiibo Securities. The new regulated business will develop Bitcoin backed bonds and digital credit products under Project Nova. JPYC and Progmat are working with Metaplanet on a Bitcoin backed digital credit ecosystem for Japanese investors. According to Metaplanet, the new subsidiary succeeds the Tokyo-based brokerage acquired for JPY 2.1 billion, completing a transaction first announced in June. The company said the business will…

Bitcoin traded near $62,800 on Monday as investors prepared for a packed week of economic releases and geopolitical news.  Summary Bitcoin faces inflation data, Iran tensions, retail reports and major bank earnings in coming days. Oil prices and rate expectations could decide whether Bitcoin holds $60,000 or retests resistance again. ETF inflows offer support, but traders still need a confirmed breakout above $65,000 soon. The largest cryptocurrency stayed above the $60,000 support area, even as Asian shares fell and oil prices rose. Bitcoin was down about 1.4% over 24 hours, while its seven-day change remained close to flat.  That kept…

John Deaton has credited 75,000 XRP holders with helping Ripple executives resist pressure during the company’s legal fight with the U.S. Securities and Exchange Commission.  Summary Deaton says 75,000 XRP holders helped Ripple’s leaders resist SEC pressure during the prolonged litigation. Ripple considered closing before executives chose a costly legal defense that preserved hundreds of jobs. The case ended with a mixed ruling, $125 million penalty, injunction, and dismissed appeals final. In a July 12 post, the crypto lawyer praised chief executive Brad Garlinghouse and executive chairman Chris Larsen for refusing to settle early. He also accused SEC lawyers of…

Hedera-based lending protocol Bonzo Lend lost about $9.05 million after an attacker manipulated the price of SAUCE used as collateral. Bonzo Finance Labs said the incident began on July 11, 2026, when a wallet submitted a false SAUCE price to a third-party Supra oracle contract. The attacker deposited 250 SAUCE, worth only a few dollars, before the feed treated the tokens as highly valuable. Summary An attacker inflated SAUCE’s oracle price and borrowed assets worth about $9.05 million from Bonzo. Supra’s verifier accepted a zeroed signature, allowing the false price update to reach Hedera mainnet. Bonzo paused lending while teams…