Spot Bitcoin ETFs on Track for Record $4 Billion Outflows in June Amid Market Weakness

Tether is expanding the utility of its massive gold reserves by integrating its tokenized gold product, Tether Gold, with digital asset lending platform Ledn. The partnership will enable holders of the gold-backed token to borrow against their holdings later this year, mirroring traditional bitcoin-backed lending structures. This collaboration marks a significant step in Tether’s broader initiative to monetize what has become one of the largest…

OpenAI has introduced its next-generation GPT-5.6 model lineup but restricted initial access to roughly 20 government-approved enterprise partners. The Trump administration requested the staggered rollout over national security anxieties, particularly regarding the models’ advanced reasoning and cybersecurity capabilities. The intervention follows a strict regulatory clampdown that recently forced rival AI lab Anthropic to completely pull its f…

Strategy’s flagship preferred stock, STRC, plunged to an all-time low of $71.25, representing a nearly 25% discount from its targeted $100 par value. The selloff coincided with Bitcoin sliding below $59,000, pushing the company’s 847,363 BTC corporate treasury into an estimated $14 billion unrealized paper loss. Executive Chairman Michael Saylor defended the model on social media, acknowledging that market volatility tests capital structures whi…