Strategy’s (MSTR) cash reserve now stands at $3.75 billion after the company raised $544.5 million last week. That $3.75 billion is enough for 2.1 years of preferred stock dividend coverage, according to Executive Chairman Michael Saylor. The money was raised through sales of more than 5.4 shares of common stock, per an SEC filing Monday
The broader outlook for perceived store-of-value assets such as bitcoin $BTC$65,221.50 and gold remains constructive. The reason is simple: the U.S. government is more indebted than ever, with no end in sight. The Treasury’s Debt to the Penny dataset put the federal debt at an all-time high of $39.7 trillion on Friday. According to some
Interest rates could set the direction for crypto this week, with the Federal Reserve, Bank of England and Bank of Japan all expected to hold while markets look for signs that higher energy prices have brought further tightening closer. CME’s FedWatch shows a 33% chance of a U.S. rate increase, while prediction markets odds are
The Fed also left interest rates unchanged in June, keeping them stable at 5.25-5.50 percent. Following the June decision, markets this week turned their attention to the July interest rate decision. When Will the FED’s July Interest Rate Decision Be Announced? The Federal Reserve’s July interest rate decision is expected to impact gold, the dollar,
Coinbase CEO Brian Armstrong stated that the rapid development of artificial intelligence technologies will not diminish the importance of the cryptocurrency sector; on the contrary, digital assets will play a much more critical role in the new era. Speaking on the social media platform X, Armstrong emphasized that artificial intelligence and cryptocurrencies are not competing
Hashdex plans to put some of the crypto held by its Nasdaq CME Crypto Index ETF (NCIQ) to work through staking. The sponsor takes the first slice of net income, while common shareholders begin sharing in the rewards after an annual threshold is cleared. The framework is prospective. A July 23 Form 8-K named Coinbase
Federal Reserve Chair Kevin Warsh enters this week’s policy meeting with traders pricing a rate increase. Renewed fighting between Iran and the United States has pushed crude oil above $100 a barrel, raising fears that energy costs will feed into inflation. The meeting starts on Tuesday and will be Kevin’s second as Fed chair. One
From Pasture to Blockchain: How Tokenized Cows Are Revolutionizing Agricultural Finance in Brazil The Engendro Velho farm, located in Paraná, Brazil, received a loan of nearly $20K using a herd of 10 cows as collateral, using decentralized technology to digitize the information of each cow. The farmer received the Financial Rural Product Note (CPR-F) valued
Crypto markets have ticked up this Monday morning as investors brace for a volatile week ahead, with all eyes on the US central bank. Meanwhile, Iran said it will halt its attacks as long as the United States does the same, a senior Iranian official told Reuters on Sunday. The US paused its bombing campaign
Polymarket has lowered the probability of a two-week US-Iran ceasefire before August 31 to roughly 51%–52%. The contract has fallen about three percentage points over the past week as traders reassess the durability of any pause in military action. According to reports, more than $2.5 million has entered the market, reflecting strong attention to the