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Tag: Breaking

Strategy Boosts Cash Reserves to $3 Billion, Forgoing Bitcoin Purchases for Third Week

Strategy Inc. raised $467 million last week through its at-the-market equity program, choosing to boost cash rather than buy cryptocurrency. The company’s U.S. dollar reserve reached a record $3 billion, providing a liquid buffer to cover fixed corporate obligations and preferred stock dividends. Its core treasury remains at 843,775 BTC, making this the third consecutive week without additional Bitcoin acquisitions. Corporate treasury...

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Robinhood Chain Hits Top Five With $3.1 Billion DEX Debut Driven by Meme Coins

Robinhood Chain brought in roughly $3.1 billion in cumulative decentralized exchange volume during its first seven days following its July 1 launch. The early speculative frenzy was heavily fueled by meme coin trading, with more than 16,000 new tokens hitting the network in a single day. BitMine Chairman Tom Lee noted that the platform’s reliance on ETH as its native gas token underscores Ethereum’s growing central role in the...

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Robinhood Chain Flips Hyperliquid in Daily DEX Volume Amid Explosive Memecoin Frenzy

Explosive Volume Milestones: Robinhood Chain recorded over $375 million in 24-hour decentralized exchange volume, briefly outperforming Hyperliquid L1 and securing a top-five network position. Speculative Token Frenzy: Despite its real-world asset branding, the network’s initial traction is dominated by memecoins, led by Cash Cat at a $165 million market capitalization. Rapid Capital Deployment: Total value locked on the Arbitrum-based Layer...

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US Spot Bitcoin ETFs Experience Mixed Flow Signal Following Brief Inflow Streak

Brief Reprieve Ends: A three-day streak of net inflows into U.S. spot Bitcoin ETFs concluded with a fresh round of daily outflows, highlighting ongoing institutional hesitation. Extended Capital Flight: The market is navigating a challenging mid-2026 stretch, with cumulative net outflows surpassing $8 billion over recent weeks amid shifting macroeconomic and geopolitical indicators. Divergent Fund Dynamics: Major institutional vehicles like...

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BNB Chain Unveils Standalone Layer 1 Blockchain Tailored for AI Agentic Trading

Standalone AI Infrastructure: BNB Chain is developing a high-speed, parallel Layer 1 blockchain optimized specifically for autonomous trading agents.Sub-50ms Latency: The network targets a processing throughput exceeding 100,000 transactions per second with transaction pre-confirmations under 50 milliseconds.MEV Mitigation: By eliminating the public mempool and routing traffic directly to block leaders via TxStream, the network intends to...

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