Bermuda's onchain transition could set a precedent for digital economies, influencing global regulatory approaches to blockchain integration.
The post Bermuda moves payment services onchain via Stellar network appeared first on Crypto Briefing.
A Myanmar bill proposes the death penalty for scam coercion and life imprisonment for crypto-related offenses.
Fresh US ETF launches and Coinbase’s Hyperliquid deal helped fuel HYPE’s rally this week, but technicals warn of a possible pullback.
OKX is reportedly seeking a 20% stake in South Korean crypto exchange Coinone as foreign and domestic firms compete for market access.
Increased tensions may hinder short-term stability in the Strait of Hormuz, impacting global markets and geopolitical dynamics.
The post US rejects Iran’s 14-point proposal amid Strait of Hormuz tensions appeared first on Crypto Briefing.
Strategy now holds 818,869 Bitcoin, worth roughly $66 billion at current prices — a position that has become the largest corporate Bitcoin reserve anywhere in the world. That stockpile keeps growing, and the instrument fueling much of the buying just broke a record. Related Reading: Bitcoin Faces Major Test As 37% Recovery Collides With Bear Resistance A New Kind Of Funding Tool STRC, the company’s Variable Rate Series A Perpetual Stretch Preferred Stock, recorded $1.53 billion in trading volume on Thursday — the highest single-day figure it has ever posted. Chairman Michael Saylor announced the milestone on social media, calling it an all-time high in liquidity. The preferred stock, known informally as Stretch, has become Strategy’s go-to method for raising money to buy Bitcoin in 2026, stepping in as other funding channels have grown harder to access. Senior convertible notes and at-the-market equity offerings have both tightened over the past year, pushing the company toward preferred stock as its primary capital source. All-time high volume. $1.53B of liquidity. Two cents of volatility. Closed at par. $STRC pic.twitter.com/aS0dSlkm7d — Michael Saylor (@saylor) May 14, 2026 Stretch works by paying investors an 11.5% dividend without touching the company’s common shares. That structure keeps existing shareholders from being diluted while still bringing in fresh capital. Based on data from the STRC.live tracker, Thursday’s trading performance could allow Strategy to raise an estimated $735 million — enough, in theory, to acquire around 9,066 Bitcoin. Whether the company will move forward with a purchase based on those funds remains unclear. The Broader Bitcoin Buying Spree Strategy’s pace of acquisition has picked up sharply. The company has bought 56,770 Bitcoin since April and more than 101,000 since March, bouncing back after a slow February. Bitcoin’s own price movement has helped the math: the recent rally to around $81,000 pushed above Strategy’s average purchase price of $75,543, putting its holdings up 7%. During a first-quarter earnings call on May 5, Saylor said he wants Stretch to become the largest credit instrument in the world. Reports indicate the company posted a $1.25 billion net loss in Q1 as Bitcoin fell during that period, though the situation has since shifted with the price recovery. Strategy is not alone in using this type of structure. Strive announced Thursday that holders of its own preferred stock, SATA, would begin receiving daily dividends starting June 16 — a faster payout schedule than the monthly distributions Stretch offers. Tokyo-based Metaplanet has also raised funds through preferred stock instruments called MARS and MERCURY to buy Bitcoin. Related Reading: XRP Holders Put On Alert As David Schwartz Flags Dangerous New Scam A Crowded Field With One Giant Nearly 200 public companies now hold Bitcoin on their balance sheets. Strategy remains far ahead of all of them. Its 818,869-coin position dwarfs every other corporate holder, and the company shows no signs of slowing the accumulation. Preferred stock, for now, is the engine making that possible. Featured image from Free3D, chart from TradingView
The liquidity protocol halted operations after blockchain researchers identified a suspected $10 million breach across multiple networks.
HYPE’s surge is being fueled by Bitwise’s new spot Hyperliquid ETF and Coinbase’s expanded role as Hyperliquid’s official USDC treasury deployer.
The halt in Iran's oil exports could exacerbate global energy supply issues, impacting economic stability and influencing risk asset markets.
The post Iran’s Kharg Island oil shipments halt for first time since war began appeared first on Crypto Briefing.
Tech stock declines amid inflation fears could trigger broader market volatility, impacting both traditional equities and digital assets.
The post NASDAQ 100 extends losses with 2.1% drop as inflation fears rattle tech stocks appeared first on Crypto Briefing.
IREN closed $3 billion in convertible notes at a 1% coupon due 2033 to fund AI cloud expansion following its Nvidia and Microsoft deals.
Coinbase and Circle's commitment to Hyperliquid's AQAv2 upgrade sent HYPE up to roughly $45 on May 14, a deal that makes USDC the platform's aligned quote asset and directs the vast majority of reserve-yield revenue back to the protocol. The rally reflected traders reading the announcement as institutional validation of the protocol-aligned stablecoin model pioneered […]
The post HYPE jumps as Coinbase and Circle back Hyperliquid’s stablecoin model appeared first on CryptoSlate.
The repeated security breaches could undermine trust in decentralized protocols, potentially impacting user adoption and market stability.
The post THORChain loses nearly $11 million in suspected exploit as RUNE tumbles 13% appeared first on Crypto Briefing.
Altman's testimony highlights the tension between collaborative AI development and individual control, impacting future AI governance debates.
The post Sam Altman testifies he was uncomfortable with Elon Musk’s demand for total control over OpenAI appeared first on Crypto Briefing.
Binance's marketing shift reflects a broader industry trend towards cost-effective strategies, emphasizing product-led growth over high-profile campaigns.
The post Binance CMO Rachel Conlan to depart on June 15 amid marketing reassessment appeared first on Crypto Briefing.
The South Korean bank announced plans for a won-pegged stablecoin, blockchain remittances and tokenized securities.
THORChain halted trading after security researchers flagged a suspected exploit spanning Bitcoin, Ethereum, BNB Smart Chain and Base.
The cross-chain liquidity protocol paused all trading and signing on Friday after an attacker drained roughly $10.8 million across Bitcoin, Ethereum, BSC, and Base.
Increased military actions by Israel in Lebanon may hinder diplomatic efforts and heighten regional tensions, impacting future peace prospects.
The post Israel escalates military actions in Lebanon, dims diplomatic meeting prospects appeared first on Crypto Briefing.
Warsh's leadership may reshape U.S. monetary policy, impacting economic strategies and market expectations amid political dynamics.
The post Kevin Warsh confirmed as new Fed Chair, succeeding Jerome Powell appeared first on Crypto Briefing.
Rising ECB rates amid geopolitical tensions could trigger inflation control challenges, impacting eurozone growth and financial market stability.
The post European Central Bank rate hikes increasingly likely due to Iran war, says Nagel appeared first on Crypto Briefing.
AI security talks between Trump and Xi highlight the urgent need for international cooperation to manage technological risks and economic tensions.
The post Trump discusses AI security with Xi Jinping during first US state visit to China since 2017 appeared first on Crypto Briefing.
XRP has been trading above $1.40 in recent days, with buyers still trying to push on momentum after the pullback from the May 10 high. The cryptocurrency’s price has not broken down, but it has also failed to confirm a stronger upside continuation. This leaves the 1-hour chart in an important position. However, the XRP count is still valid. The current wave count now depends on notable price levels, which include whether XRP can hold above support at $1.40 and avoid a break below the key $1.38 swing low. XRP Pullback From May 10 Still Looks Corrective Technical analysis of XRP’s price action on the 1-hour chart, which was posted by a crypto analyst on the social media platform X, shows that the decline from the May 10 high has not been random noise. The main argument in the analysis is that XRP’s decline from the May 10 high has unfolded as a three-wave move. This has unfolded in an ABC structure, not the kind of five-wave impulsive decline that would precede a trend reversal. According to Elliott Wave analysis, three-wave declines are corrective structures, especially when they develop inside a larger range and fail to take out the prior swing low. Related Reading: Is It Time To Sell? Bitcoin Price Enters Redistribution Phase That Previously Led To A 78% Crash The key swing low is currently around $1.38, and it is now the level holding the current wave count together. This level has also served as an important floor for XRP for the past 30 days, making it the structural base of the short-term setup. A sustained hold above $1.38 would keep the bullish wave count valid, while a break below it would weaken the case for another leg higher. XRP Price Chart. Source: @Morecryptoonl On X Price Levels To Watch Out For The first and most important level to watch is $1.38. This is the swing low holding the current wave count in place. Above that, the nearest support area is the Fibonacci levels between $1.40 and $1.42. These prices are important because they capture the internal B-wave support region. However, this is not the strongest support area, as B-waves can often move through Fibonacci levels before finding a proper reaction. Related Reading: Ripple CEO Reveals What It Would Mean For XRP Holders If The Company Went Public At the time of writing, XRP is trading at $1.47. On the upside, the first major resistance to watch is around $1.51, which is the same area XRP failed to sustain after the May 10 high. A daily close above this level would mean that the pullback has ended and that XRP is beginning another rally phase. After $1.51, the next levels to watch are around $1.59 and $1.67, before the larger projected C zone between $1.75 and $1.76 comes into view. These are all targets based on Elliott Wave counts of XRP’s price action. Featured image created with Dall.E, chart from Tradingview.com
Bitcoin miner turned AI infrastructure operator secures one of the sector’s largest financings as investor demand drives multiple upsizes.
Romania's political instability highlights the rising influence of far-right parties in Europe, potentially reshaping future governance.
The post Romanian PM Bolojan ousted after no-confidence vote, coalition talks underway appeared first on Crypto Briefing.
U.S. terrorism judgment creditors seek a court order forcing Tether to turn over $344 million in frozen IRGC-linked USDT.
Increased scrutiny on Altman's investments could delay OpenAI's IPO, highlighting the need for transparent governance and conflict resolution.
The post OpenAI CEO Sam Altman’s investments face GOP scrutiny ahead of IPO appeared first on Crypto Briefing.
Copper's surge highlights persistent supply-side inflation pressures, influencing central bank policies and impacting risk asset markets.
The post Copper nears record high as supply crunch outweighs recession fears appeared first on Crypto Briefing.
Heavy trading volume ahead of the ex-dividend date pushed STRC to its busiest session on record.
The Solana treasury firm generated $13 million in revenue for the quarter ended March 31, up 319% year over year.