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Major Bitcoin Buy Looms as Strategy Upsizes New Stock Offering to B

Major Bitcoin Buy Looms as Strategy Upsizes New Stock Offering to $1B

Strategy’s massive $1 billion STRD raise sets the stage for an aggressive bitcoin accumulation spree, signaling unprecedented conviction and firepower aimed squarely at dominating digital asset markets. Strategy’s $1B STRD Raise Points to Major Bitcoin Purchase Software intelligence firm Microstrategy (Nasdaq: MSTR), operating under the brand Strategy, announced on June 6 that it has priced […]

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FCA clears path for UK retail crypto ETF trading—kind of

FCA clears path for UK retail crypto ETF trading—kind of

The UK’s Financial Conduct Authority has proposed lifting its longstanding ban on crypto exchange-traded notes for retail investors, opening the door for broader access to regulated crypto exposure through public investment exchanges. The move, announced June 6, forms part of a broader regulatory push to bolster market competitiveness and reduce barriers for financial firms. Retail

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Nearly  billion liquidated as Bitcoin recovers from 0k dip during Elon Musk, Donald Trump breakup

Nearly $1 billion liquidated as Bitcoin recovers from $100k dip during Elon Musk, Donald Trump breakup

Bitcoin briefly dipped to $100,000 before swiftly rebounding to $103,000 in early trading hours Friday, as markets reacted to an explosive social media fallout between U.S. President Donald Trump and Tesla CEO Elon Musk. The confrontation, unfolding in real time across Truth Social and X, was marked by Trump’s threat to revoke federal contracts and

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institutions cut Bitcoin ETF exposure by 23% in Q1

institutions cut Bitcoin ETF exposure by 23% in Q1

Institutional investors cut Bitcoin (BTC) allocations in US-based spot exchange-traded funds (ETFs) during the first quarter after hedging profits waned and futures premiums compressed, a June 5 CoinShares report showed. The report assessed 13-F filings from asset managers with at least $100 million in assets under management. These investors reported $21.2 billion in Bitcoin ETF

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WLFI issues cease and desist notice to creators of ‘Official Trump Wallet’

WLFI issues cease and desist notice to creators of ‘Official Trump Wallet’

World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump and members of his family, has issued a cease-and-desist letter to the creators of a newly announced Trump-branded crypto wallet, Bloomberg News reported on June 5, citing a person familiar with the matter. The letter, reportedly sent to Fight Fight Fight LLC, the

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Uber eyes stablecoins for faster settlements, lower FX costs for global operations

Uber eyes stablecoins for faster settlements, lower FX costs for global operations

Uber is exploring dollar-pegged stablecoins as a tool for transferring funds across its global network, CEO Dara Khosrowshahi said on June 5 at the Bloomberg Tech conference in San Francisco.  Khosrowshahi explained that blockchain-based tokens could settle payments faster than traditional correspondent bank channels and eliminate layers of foreign exchange fees.  He said that stablecoins

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Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts

Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts

Circle’s (CRCL) shares more than tripled minutes into their New York Stock Exchange debut on June 5, touching $103.75 less than 30 minutes following its launch and resulting in several volatility halts. The price peak is 234% above the initial public offering (IPO) price of $31, which captured over $1 billion by selling 34 million

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Anthropic CEO calls for AI transparency, argues against Trump bill’s decade-long state regulatory freeze

Anthropic CEO calls for AI transparency, argues against Trump bill’s decade-long state regulatory freeze

Anthropic CEO Dario Amodei urged US lawmakers to write transparency rules for artificial intelligence companies instead of granting a decade-long freeze on state regulation proposed in President Donald Trump’s technology bill. In a June 5 guest essay in The New York Times, Amodei described an internal evaluation in which Anthropic’s newest model threatened to expose

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Circle makes Wall Street debut as first major stablecoin issuer on NYSE

Circle makes Wall Street debut as first major stablecoin issuer on NYSE

Circle, the issuer of the USDC stablecoin, officially began trading on the New York Stock Exchange (NYSE) on June 5 under the ticker symbol CRCL. The listing milestone marks a significant milestone for the firm as it becomes one of the few major crypto-native companies to go public through a traditional listing. Circle CEO Jeremy

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Donald Trump’s advisor Bo Hines meets Nayib Bukele as US eyes El Salvador’s Bitcoin strategy

Donald Trump’s advisor Bo Hines meets Nayib Bukele as US eyes El Salvador’s Bitcoin strategy

Bo Hines, who leads President Donald Trump’s advisory council on digital assets, recently met with El Salvador’s President Nayib Bukele to discuss potential partnerships in the crypto space. In a post shared on June 5, Hines revealed that the meeting centered around digital asset development and a shared ambition to reshape global finance. He also

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