Business

Michael Saylor’s MSTR Expected to Suspend Bitcoin (BTC) Purchases and Replenish Cash

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The pressure comes from both sides. As Strategy issued more STRC to fund bitcoin purchases, its annual dividend obligations increased from about $300 million in early 2026 to $1.2 billion today, a nearly four-fold increase in less than six months. CryptoQuant noted that the reserve needed to reach around $2.8 billion, or 24 months of […]

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Senate Democrats demand hearings on Trump’s $500 million crypto deal with the United Arab Emirates

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The investment reinforces concerns about foreign influence, which originally stemmed from a major investment by MGX, a state-backed investment firm in the United Arab Emirates, which increased the market capitalization of the Trump family stablecoin by almost $2 billion overnight. This is where it gets interesting. Months after the deal, the Trump administration made policy

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Bitcoin Could Fall to $59,000 in Short Term as Liquidity Dries Up

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Bitcoin and ether are nearing the lower end of their recent ranges, the OTC trading desk at leading market-making firm Wintermute said in a note shared Wednesday with CoinDesk, with both assets caught between last week’s hawkish Fed and Iran headlines. Options markets are pricing in a relatively tight move for the next 24 hours.

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Crypto PAC’s $5.5M Congressional Pick Wins Maryland, More Crypto Allies Move Forward

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In the same state, Fairshake endorsed incumbent Rep. April McClain Delaney for $516,000, while contributing ad expenses in other states’ Tuesday primaries to Republican incumbent Rep. Blake Moore in Utah and $1.3 million to one of the industry’s most trusted allies in the House, Rep. Ritchie Torres, a New York Democrat. All also won their

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AI chipmaker Cerebras down 11% after first public earnings report

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In its first earnings report since its May IPO, Cerebras Systems (CBRS) is down 11% after hours after reporting lower profit margins next quarter. First-quarter revenue nearly doubled from a year ago to $193.4 million, and the company’s adjusted net loss of $2.5 million beat analysts’ forecasts of $36.75 million. For the second quarter, the

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Crypto Critic Nouriel Roubini Embraces Tokenization With ETF-Backed “Technodollar”

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The launch is the latest example of tokenization, a rapidly growing sector that places traditional assets such as funds, bonds and stocks on blockchain networks. Proponents argue that the technology can facilitate the transfer and settlement of assets, reaching more investors globally while enabling 24-hour trading. Major companies including BlackRock, Franklin Templeton and Apollo have

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