Business – Page 56

Michael Saylor Teases More Bitcoin Buys Even as Strategy Stock Continues to Fall

Michael Saylor shared a StrategyTracker chart on X this Sunday that shows Strategy holding 847,363 bitcoin worth $50.88 billion per share. June 28, 2026 with 113 purchase events and an average cost basis of $75,653 per BTC. This chart shows orange bubbles for MSTR’s buys superimposed on bitcoin price history, highlighting aggressive accumulation especially in […]

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Tokenization is becoming the funding layer for artificial intelligence and robotics, Framework bets with $400 million in funding

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Traditional securitization markets struggle to package individual servers or computing equipment into investable products, Anderson said. Stablecoins – with more than $300 billion in circulation on the chain – are creating a new source of capital for asset-backed lending. “We have the capital on the chain to fund this industry,” he said. The same thinking

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Bitcoin below $60,000 heading for a rare back-to-back quarterly loss

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Bitcoin dipped below $60,000 over the weekend and traded around $59,940 on Sunday, down 0.6% over 24 hours and nearly 7% on the week, per CoinDesk data as a quarter of the sale neared its final days. Altcoins again led the way down. Ether fell 9.5% on the week to around $1,567, dogecoin fell 11.7%

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Why a selloff in gold and silver is dragging bitcoin down

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The ongoing artificial intelligence stock frenzy has drawn in capital from across the market, from traditional metals, considered the safest assets, to cryptos, considered the riskiest. Gold fell below $4,000 for the first time since November earlier this week, silver has lost more than half its value from its peak and bitcoin has fallen to

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What Robinhood’s latest layoffs say about the current state of crypto investing

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Robinhood says layoffs are not driven by AI integration According to a Forbes report published on June 4, 2026, AI has been the number one reason for tech layoffs in 2026. However, Robinhood seems to be taking a different path. Unlike BitGo, which attributes its cuts to AI, Robinhood has not indicated that these layoffs

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Tether kicks off the $23 billion gold hoard

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Tether has expanded the use of its $23 billion gold reserves by bringing its tokenized product Tether Gold (XAUT) to crypto lender Ledn. Ledn said it is adding support for XAUT alongside bitcoin BTC$60,747.39 and Tethers stablecoin USDT, with loans against XAUT expected later this year. Tether is trying to monetize what has become one

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Coinbase and OKX are trying to lure in Binance’s users after failing to secure a MiCA license

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“If you are looking for a regulated platform built for the long term, we are pleased to welcome you to OKX,” he said. “To celebrate this new chapter, we are offering one of our biggest welcome promotions for eligible EEA users, including welcome bonuses and deposit matching of up to 8%.” Binance emailed its users

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Polymarket hack updated to $3.1 million days after platform promised users full refunds

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On Thursday, Specter Analyst, another blockchain intelligence platform, said on Thursday that “It appears that there may be a phishing attack targeting Polymarket users, with estimated losses of $2.94 million so far.” One of the victims of the hack, Ash, posted on X that his wallet had been hacked and had no idea why at

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Binance Founder CZ Blames Crypto’s Sour 2026 on AI Mixture, Global Tension, 4-Year Cycle

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CZ acknowledged that there is a gambling component to prediction markets, but he said it is also the case in other financial markets. “With any financial instrument, there are always some speculators,” he said. “The speculators actually provide the liquidity, so it’s good that you have that speculation.” Politics future The US’s potential signature crypto-policy

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The strategy’s valuation has fallen below the value of its bitcoin holdings

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For years, investors had valued the company well above its bitcoin holdings, giving the strategy massive flexibility to raise capital as needed — a situation Michael Saylor and team took full advantage of.

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