Author: John Smith

On June 1, 2026, Strategy disclosed in an 8-K filing that it sold 32 Bitcoin between May 26 and May 31 at an average price of $77,135, raising about $2.5 million. It was the company’s first Bitcoin sale since December 2022, and for an outfit built on Michael Saylor’s promise never to sell, the symbolism landed harder than the number. Summary Strategy sold 32 Bitcoin for about $2.5 million, marking its first Bitcoin sale since December 2022. Proceeds from the sale are expected to fund preferred stock dividends as the company’s mNAV premium has narrowed. The transaction represented just 0.0038%…

Strategy has put STRC at the center of its latest capital story after selling 32 Bitcoin to help fund preferred stock distributions. Summary Strategy sold 32 Bitcoin for about $2.5 million to help fund distributions on its STRC preferred stock. Michael Saylor promoted STRC after the sale, saying Strategy wants it to become the best credit instrument. Strategy paused Bitcoin purchases while repurchasing convertible debt worth nearly $1.5 billion in face value. Strategy said in an 8-K filing that it sold the Bitcoin for about $2.5 million last week, with the proceeds expected to fund distributions on its perpetual preferred…

Dogecoin is trading around $0.10 after House of Doge and Paxos unveiled a partnership that could funnel the meme coin into PayPal and Venmo’s combined base of hundreds of millions of users. Summary Dogecoin’s corporate arm strikes Paxos deal to plug DOGE into PayPal and Venmo’s crypto rails. DOGE hovers near $0.10 with a roughly $16.9 billion market cap as traders weigh mainstream access against meme fatigue. Most 2026 forecasts cluster in a restrained $0.14–$0.16 band unless a fresh meme mania re‑rates the asset. House of Doge, the official corporate arm of the Dogecoin Foundation, has announced a strategic partnership…

Solana trades near $84-$96 in late May 2026, having spent much of the year recovering from a difficult Q1 that saw the price slice from $200+ down to the low $60s before stabilizing. Summary Solana’s recent advance has coincided with progress on the Alpenglow upgrade, Firedancer rollout, and more than $1.12 billion in cumulative spot ETF inflows. Around 30 institutions, including Goldman Sachs and Electric Capital, hold roughly $540 million in Solana ETF exposure as institutional participation continues to grow. Long-term projections hinge on successful deployment of Alpenglow and Firedancer, sustained ETF demand, and stronger activity across tokenized assets, decentralized…

The GENIUS Act, signed into law on July 18, 2025, established the first comprehensive federal framework for stablecoins in the United States.  Summary USDC’s reserve structure already matched the GENIUS Act’s core requirements before the law passed. Circle’s banking, custody, and reserve-management links helped push USDC toward Wall Street infrastructure. Broker-dealer capital treatment and FIS integration made USDC more useful for regulated financial firms. Circle’s CRCL listing validated the stablecoin business model, but reserve-income dependence remains a risk. Circle’s USDC was already operationally aligned with what the law required: 98.9 percent of reserves in short-dated US Treasuries and cash equivalents,…

Bitcoin has entered a bearish channel after slipping below key support levels as ETF outflows, rising oil prices, and renewed geopolitical uncertainty weighed on market sentiment. Summary Bitcoin has fallen into a bearish channel as more than $2.4 billion exits spot ETFs, and traders defend the key $72,000 support zone. Rising oil prices above $90 and renewed U.S.-Iran military tensions have added pressure to risk assets, including Bitcoin. Analysts warn that a break below $72,650 could expose Bitcoin to further downside, with the next major demand zone between $54,300 and $51,000. According to crypto.news data, Bitcoin (BTC) traded near $72,700…

Coinbase has launched direct Indian rupee deposits and withdrawals in India, giving local users a bank-linked route to trade crypto on its platform. The move expands access. Summary Coinbase added direct INR deposits and withdrawals in India through IMPS after earlier crypto-only access. Indian users can now access spot markets, perpetual futures, and dedicated local INR order books. Coinbase says FIU-IND registration and Indian tax compliance support its latest market restart plan. Indian customers can now deposit and withdraw INR through IMPS, according to Coinbase. The service removes the need for peer-to-peer routes or third-party funding steps that some users…

Bitcoin traded near $73,700 on May 31 as traders watched whether the market could defend short-term support while analysts debated a possible rebound and a deeper cycle low later in 2026. Summary Bitcoin trades near $73.7K as traders watch $71.4K support and $78.2K resistance. A TD Sequential buy signal points to a possible rebound toward $75,000 if demand improves. Low volume, weak RSI and Iran-linked risk keep Bitcoin under short-term market pressure this week. Bitcoin price data showed BTC trading near $73,713, up 0.28% over 24 hours. The asset remained down 4.18% over seven days, while 24-hour trading volume stood…

XRP traded near $1.33 on May 31 as traders watched whether fresh exchange outflows, ETF demand and a key chart support area could help the token recover from recent weakness. Summary XRP saw 25.24 million coins leave exchanges after the year’s largest inflow signaled capitulation selling. ETF flows added $131.94 million this month, keeping institutional demand in focus despite weakness persisting. Analysts watch $1.34 support, with $1.37 and $1.40 as nearby recovery targets if buyers hold. Santiment data showed that XRP recorded its largest exchange inflow of the year on Thursday, with 22.80 million XRP moving onto trading platforms. Large…

Robert Kiyosaki has urged investors to rely on education and careful thinking as Bitcoin faces another price correction. Summary Robert Kiyosaki warned investors not to follow market hype blindly during Bitcoin’s latest correction. He said education remains the key asset, even when buying Bitcoin, gold or silver. Bitcoin’s weak chart setup keeps traders cautious as support and recovery levels remain under pressure. Robert Kiyosaki says education comes before assets The Rich Dad Poor Dad author said investors should not follow market hype without understanding what they are buying. His warning came as Bitcoin continued to trade under pressure after a…