Strategy policy raises Bitcoin sale concerns
Strategy introduced a policy allowing selective sales of its 847,363 Bitcoin (CRYPTO:BTC) holdings to fund preferred dividend payments and share buybacks.
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Strategy introduced a policy allowing selective sales of its 847,363 Bitcoin (CRYPTO:BTC) holdings to fund preferred dividend payments and share buybacks.
A Chinese milk tea brand has been ordered to pay $1.5 billion to French luxury giant Louis Vuitton for trademark infringement. The case has sparked widespread discussion on Chinese social media about intellectual property protection. Bloomberg's China correspondent Minmin Low reports.
Some leading European powers now accept that ships transiting the vital Strait of Hormuz will have to pay fees to Iran and Oman, according to people familiar with the matter. Bloomberg's Patrick Sykes has more.
Blockchain analytics firm Allium reported that users from the United States were the largest political traders on Polymarket despite the platform blocking US access.
India and Japan have agreed to deepen cooperation on energy, technology, and defense during Japanese Prime Minister Sanae Takaichi's first official visit to New Delhi. Former Indian Ambassador to Japan, Deepa Gopalan Wadhwa, dicusses the implications of the visit on Bloomberg's Insight with Haslinda Amin.
Securitize began trading on the New York Stock Exchange after completing its merger with a Cantor Fitzgerald-backed special-purpose acquisition company and simultaneously launched tokenised versions of its shares on Solana (CRYPTO:SOL) and Avalanche (CRYPTO:AVAX).
Bitwise Chief Investment Officer Matt Hougan said the recent decline in Strategy's STRC preferred stock suggests Bitcoin (CRYPTO:BTC) may be approaching a market bottom following a period of deleveraging.
Robinhood Markets rose more than 6% after Piper Sandler, BTIG and Mizuho reiterated Buy ratings, with price targets ranging from US$125 to US$135.
Anchorage Digital has integrated Lido, enabling institutional clients to mint and burn Wrapped Staked Ether (CRYPTO:WSTETH) directly within its regulated custody platform without transferring assets to external providers.
Uniswap (CRYPTO:UNI) rose 14.2% over 24 hours after the decentralised exchange announced that Uniswap v2, v3, v4 and UniswapX had been deployed on Robinhood Chain.
Erebor Bank is reportedly seeking a new funding round that could value the digital lender at more than US$8 billion after customer deposits increased from US$1.1 billion at the end of March to more than US$4 billion.
KakaoPay announced plans to develop a digital "super wallet" that will allow its approximately 40 million users to store stablecoins and tokenised assets alongside traditional payment services.
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