Across two record-breaking days this week, Strategy’s 11.5% dividend-paying preferred stock, STRC, likely raised more than $1.2 billion and could even have raised as much as $2.7 billion. Whatever the figure, it was enough to trigger popular crypto YouTuber Coffeezilla to take the STRC controversy mainstream. The volatile, quasi-pegged STRC is the subject of intense
South Korean tech company Naver and Upbit operator Dunamu said in a corrected filing that their planned share swap includes forming an initial public offering (IPO) committee for Naver Financial within one year of closing, outlining a path toward a future listing. The disclosure, outlined in the corrected filing on Wednesday, said the companies would
European companies exploring Bitcoin treasury strategies are unlikely to replicate the playbook pioneered by Michael Saylor’s Strategy, according to industry executives, who pointed to structural differences between US and European capital markets. Speaking at Paris Blockchain Week 2026, Thomas Vogel, a partner in the Paris and Frankfurt offices of Latham & Watkins, said the constraints
In brief Stack $BTC CEO Jai Patel has exited the Bitcoin treasury firm’s board, with David Galan taking over as chief executive. Reform UK leader Nigel Farage has invested around $291,000 in the firm. The Liberal Democrats have called for an FCA inquiry into Farage’s promotion of Stack $BTC. Stack $BTC has replaced its chief
Bitcoin peaked at $126,198. It is now at $74,631. Anthony Scaramucci bought at $15. He is still buying, and he has a specific date for when things turn around. Scaramucci, founder and managing partner of SkyBridge Capital, has been one of Wall Street’s most visible Bitcoin advocates through the entire drawdown. In a recent SoFi
While the cryptocurrency market celebrated Bitcoin challenging the $75,000 mark, a critical analysis came from Sean Farrell, Head of Digital Asset Strategy at Fundstrat, urging investors to exercise caution. Evaluating the recent upward momentum in Bitcoin prices, Farrell noted that the rally seen in the market may not be as strong as expected, warning that
A review of more than 150 major crypto protocols shows that disclosure of market-making arrangements is almost nonexistent, despite their central role in token trading. The research, conducted by crypto advisory company Novora, found that fewer than 1% of protocols disclose any terms related to market makers. Across the full dataset, only one protocol, decentralized
$BTC is up 0.25% on April 16, and the recent rally has hit a wall. Holders just locked in $1.14B in profits in a single session, the descending channel boundary sits overhead at $75,266, and the 100-day EMA is at the exact same level. $BTC Daily Chart: Channel Boundary And 100-Day EMA Both At $75,266
A public debate has emerged after Jiang Xueqin, deputy principal at Tsinghua University High School in Beijing, suggested that Bitcoin may have been created by U.S. intelligence agencies. In an interview and podcast appearance, Jiang questioned the origins of the cryptocurrency, arguing that its free release, anonymous creator, and underlying infrastructure suggest possible involvement by