Author: James Wilson

Strategy CEO Phong Le said the company’s 32 BTC sale was a test of its process and not a sign that the firm needed cash for dividends.  Summary Phong Le said Strategy’s 32 BTC sale tested internal systems, not a dividend funding need. Strategy still bought 1,550 BTC afterward, lifting total holdings to 845,256 Bitcoin by June 7. Saylor’s CEBE BPS metric shifts investor focus toward debt, preferred stock and common shareholder risk. In a June 13 interview, Le said the sale helped “inoculate the market” and gave Strategy a way to check how an internal Bitcoin sale would work.…

Ethereum Foundation privacy project Kohaku lead Nico said Ethereum accounts can start preparing for post-quantum risks without waiting for a hard fork.  Summary Nico says Ethereum accounts can start quantum protection now without waiting for protocol changes. SPHINCS- aims to verify post-quantum signatures on Ethereum at practical on-chain costs for wallets. Ethereum’s roadmap already names privacy, security, and post-quantum work as core technical priorities. In a June 2026 post on X, Nico wrote, “Ethereum can already start preparing accounts for a post quantum world, without waiting for a hard fork.” Ethereum can already start preparing accounts for a post quantum…

Michael Saylor, founder and chairman of Strategy, said Bitcoin treasury firms need more than one measure to track their exposure to Bitcoin.  Summary Saylor says CEBE BPS shows Bitcoin exposure after debt and preferred stock claims are counted. BPS tracks common equity growth, while BTC Yield measures execution across Strategy’s Bitcoin accumulation plan. Shorter liabilities raise CEBE’s role, while lower-cost long-term claims can support Bitcoin upside per share. In a set of posts on X on June 14, he drew a line between Bitcoin Per Share, or BPS, and Common Equity Bitcoin Exposure BPS, also called CEBE BPS. “BPS measures…

XRP exchange-traded products continued to attract investor capital for a fifth consecutive week, even as Bitcoin and Ethereum funds recorded net outflows. Summary XRP ETF products recorded positive inflows while Bitcoin and Ethereum funds posted outflows recently. Analysts see a short-term XRP rebound signal, though whale activity remains weak overall. XRP trades near $1.15 as investors monitor ETF demand and key support levels. The latest fund flow data showed XRP-linked products brought in about $10.68 million during the week ended June 12. The inflows came as broader crypto markets remained under pressure from risk-off sentiment and continued uncertainty around global…

India’s crypto tax checks have become stricter after the Income Tax Department issued more than 44,000 notices linked to virtual digital asset filings. Summary India issued over 44,000 VDA notices after matching crypto filings with exchange-reported transaction data. Tax officials found Rs 888 crore in hidden VDA income as filing checks became stricter. Investors must report each trade, swap, and disposal under Schedule VDA for FY 2025-26. The department found more than Rs 888 crore, or about $104 million, in undisclosed VDA income, according to The Economic Times. The figures show how tax officials are using exchange data, TDS filings,…

GameStop has extended a Bitcoin options deal with Coinbase after the previous contracts expired worthless, preserving $5.8 million in premium income and resetting the strike at $80,000. Summary GameStop renewed a covered-call Bitcoin strategy with Coinbase, collecting $5.8 million in option premiums. Nearly all 4,710 BTC remain pledged under the arrangement, with the strike price lowered to $80,000. Most quarterly profit came from interest income and eBay-linked gains, while Bitcoin added about $1 million. According to the company’s quarterly filing submitted to the U.S. Securities and Exchange Commission on Thursday, GameStop rolled over the Bitcoin-linked contracts with Coinbase after a…

Litecoin has drawn fresh attention as large holders increased their positions while transaction activity stayed weak. Summary Santiment data showed Litecoin whale and shark wallets increased by 42 over five months. LitVM renewed the Litecoin discussion as the project seeks to bring smart contracts through zkLTC. Litecoin rose 1.28% to $42.95 after recovering from lows near $42.20. Santiment data showed whale and shark wallets rising over the past five months. The discussion around LitVM also brought new focus to Litecoin’s utility debate. Whales and sharks increase Litecoin holdings According to an observation by Santiment, wallets holding at least 10,000 LTC…

Blockworks has acquired Messari after securing a $192 million valuation earlier this year, deepening its push into crypto data infrastructure as competition intensifies to build the industry’s information layer. Summary Blockworks has acquired Messari following its recent $192 million valuation. The deal combines crypto asset disclosures, market data, research, and API services under one platform. Blockworks says AI and institutional adoption are increasing demand for crypto information infrastructure. According to an announcement from Blockworks, the deal combines two of the largest crypto information businesses and represents the company’s first major acquisition since completing a Series A extension financing round that…

Siren has plunged about 75% to $0.126 after a large holder reportedly sold 17 million tokens across multiple on-chain addresses, triggering one of the steepest declines seen in the market this week. Summary SIREN crashed about 75% to $0.126 after a whale reportedly sold 17 million tokens across multiple wallets. Open interest fell nearly 40% to $28 million as traders unwound positions and reduced leverage. The sell-off renewed concerns over token concentration, with analyst EmberCN claiming whales control 94% of SIREN’s supply. According to on-chain analyst EmberCN, a whale sold roughly 17 million SIREN tokens, including 6.75 million siren2-native tokens,…

Bitcoin has entered a period where preparations for quantum-resistant security should begin immediately, according to a new report from Coinbase’s independent advisory board of cryptography experts. Summary Coinbase’s advisory board says Bitcoin should begin preparing for a transition to quantum-resistant cryptography now. The report does not endorse freezing vulnerable BTC, leaving the decision to the Bitcoin community. Researchers estimate that between 1.7 million and 5 million BTC could face future quantum-related risks. According to the report published by Coinbase’s advisory board, the Bitcoin community should start developing and implementing a migration path to post-quantum cryptography now rather than waiting for…