Bitcoin treasury firm Strategy will begin paying semi-monthly dividends to STRC shareholders following approval of the proposal by stockholders. This comes as the preferred security trades below its par value of $100, although market expert Scott Melker has said that now is a good time to buy the stock.
Crypto trader Eugene said he has largely exited the crypto market and moved capital into U.S. equities, citing a lack of compelling opportunities in digital assets. The trader stated that current market conditions do not offer an attractive risk-reward profile and pointed out that he is not interested in increasing exposure to Bitcoin despite recent
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1715.91, up 6.7% (+107.11) since 4 p.m. ET on Friday. Nineteen of 20 assets are trading higher. Leaders: NEAR (+12.3%) and TAO (+12.0%). Laggards: BCH (-3.2%) and AVAX (+1.1%).
Blackstone has capped withdrawals from its flagship private credit fund after investor redemption requests surged in the second quarter. The move highlights liquidity concerns across the private asset industry. The asset management giant limited repurchases from its $79 billion Blackstone Private Credit Fund (BCRED) to 5% of shares. Investors had sought to redeem about 10%
Bitcoin pulled back from Sunday highs as renewed military conflict between Iran and Israel sent Asian stocks, including South Korea’s Kospi index, sharply lower. The leading cryptocurrency by market value traded at around $62,900 at 4:00 UTC, having hit a high of $63,776 late Sunday, according to data source CoinDesk. WTI crude oil futures jumped
June 8, 2026 03:31:30 UTC Asian Tech Stocks Extend Decline as AI Trade Faces Fresh Pressure Asian technology stocks continued to fall, with SoftBank dropping more than 7% as investors pulled back from AI-related names. Major semiconductor and technology companies, including Samsung, SK Hynix, TSMC, and Hon Hai, also came under heavy selling pressure. The
Michael Saylor’s Strategy (formerly MicroStrategy) may need to rebuild its dollar reserves to restore investor confidence and reduce concerns about future bitcoin sales, according to JPMorgan analysts, who have now turned “cautious” on digital assets. Strategy’s recent decision to sell 32 bitcoin “spooked” markets even if the sale was “symbolic and voluntary,” intended to demonstrate
Solana co-founder Anatoly Yakovenko publicly rejected Senator Bernie Sanders’ AI jobs warning. The senator argues artificial intelligence (AI) and robotics could wipe out millions of American jobs. Sanders paired the warning with a renewed call to ban super PACs. Yakovenko answered with a string of posts defending markets, profit, and decentralized finance (DeFi). Sanders’ AI
ChatGPT’s simulated investment portfolio has emerged as one of the standout performers in 2026, delivering an approximately 60% year-to-date gain and significantly outperforming the broader stock market. The performance comes from an ongoing paper-trading competition hosted by Rallies AI Arena, where leading AI models manage virtual portfolios using real-time market prices. Starting with a virtual