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Strategy Begins Nasdaq Trading of New Stock With 0M Bitcoin-Fueled Momentum

Strategy Begins Nasdaq Trading of New Stock With $980M Bitcoin-Fueled Momentum

A powerful new bitcoin-backed equity has stormed onto Nasdaq, fueling Strategy’s explosive crypto accumulation plans and intensifying investor demand for high-yield digital asset exposure. STRD Now Trading on Nasdaq as Strategy Expands Its Bitcoin-Backed Empire Software intelligence company Microstrategy (Nasdaq: MSTR), now operating under the brand Strategy, has introduced its third tranche of bitcoin-collateralized preferred […]

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Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act

Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act

Bank of America CEO Brian Moynihan confirmed the lender plans to issue a dollar-pegged stablecoin and is working on an internal build conducted alongside other industry participants, Reuters reported on June 11. However, Moynihan added that any progress in a potential launch would be contingent on forthcoming federal rules. He also told investors the bank

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Bitcoin dips as Trump finalizes tariff deals with China

Bitcoin dips as Trump finalizes tariff deals with China

Bitcoin (BTC) and the wider market experienced a minor pullback after President Donald Trump announced the finalization of a new tariff arrangement with China, pending a formal sign-off by him and President Xi Jinping. Trump announced on Truth Social that the accord grants the US “55% tariffs” on Chinese goods, versus 10% levied on US

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Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage

Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage

The Senate voted 68-30 on June 11 to invoke cloture on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, ending the filibuster option and moving the bill toward a final floor vote that will require a simple majority. Majority Leader John Thune, who controls the chamber’s schedule, started the 30-hour post-cloture clock

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Interactive Strength to launch AI-driven crypto treasury with 0 million Fetch.ai token acquisition

Interactive Strength to launch AI-driven crypto treasury with $500 million Fetch.ai token acquisition

Interactive Strength (TRNR), a Nasdaq-listed fitness technology firm, is entering the digital asset space by launching what it describes as the first artificial intelligence-driven crypto treasury. The company plans to acquire $500 million worth of Fetch.ai’s FET tokens, according to a June 11 announcement. TRNR has started building its token position, backed by an initial

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Polygon’s governance revamp to focus on stablecoin payments and AggLayer

Polygon’s governance revamp to focus on stablecoin payments and AggLayer

Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full

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US states split on Bitcoin as Connecticut bans reserve while Louisiana explores blockchain growth

US states split on Bitcoin as Connecticut bans reserve while Louisiana explores blockchain growth

A growing divide is emerging among US states over how to approach digital assets, with some jurisdictions warming up to Bitcoin and blockchain innovation, while others are slamming the brakes. This has become particularly evident in how Connecticut and Louisiana offer contrasting responses to the evolving crypto economy through recent legislative efforts. No Bitcoin reserve

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FTX continues to exclude Nigeria and China in remaining creditor repayments but includes Payoneer

FTX continues to exclude Nigeria and China in remaining creditor repayments but includes Payoneer

FTX, the bankrupt crypto exchange, has added Payoneer to its creditors’ repayment options, according to a June 10 statement. The new company would serve as an additional asset distribution channel, alongside BitGo and Kraken. Payoneer operates a global payments platform across more than 190 countries and territories. Under the agreement, Payoneer will help distribute funds

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Binance Helps US and Taiwan Dismantle 0M Darknet Drug Market

Binance Helps US and Taiwan Dismantle $100M Darknet Drug Market

Binance’s FIU was crucial in a global operation led by U.S. and Taiwanese authorities, dismantling the $100M Incognito Market darknet drug platform. Binance’s Intelligence Unit Key to International Darknet Drug Bust Binance’s Financial Intelligence Unit (FIU) played a crucial role in “Operation RapTor,” a global law enforcement initiative led by U.S. and Taiwanese authorities, which

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XRP Ledger Powers Guggenheim’s Real-World Asset Tokenization

XRP Ledger Powers Guggenheim’s Real-World Asset Tokenization

The XRP Ledger is now home to a groundbreaking new offering: Digital Commercial Paper (DCP). This innovative fixed-income asset is fully backed by U.S. Treasuries and carries a top-tier Prime-1 rating from Moody’s. Ripple Highlights XRP Ledger’s Role as Guggenheim Modernizes Commercial Paper Issuance Ripple announced on June 10 that Guggenheim Treasury Services, a subsidiary

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