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Tag: Cryptocurrencies

Strategy Unveils Digital Credit Capital Framework Authorizing Up to .25 Billion in Bitcoin Sales

Strategy Unveils Digital Credit Capital Framework Authorizing Up to $1.25 Billion in Bitcoin Sales

Strategy adopts Digital Credit Capital Framework, authorizing BTC sales of up to $1.25 billion to build USD reserves, fund dividends, and support repurchases. Company holds 847,363 BTC and maintains $2.55 billion USD reserve, providing ~25.9 months of liquidity coverage. STRC preferred stock dividend raised to 12%; $2 billion authorized for buybacks of Digital Credit securities and common stock. Announcement comes as Bitcoin...

Bitcoin, Cryptocurrencies, Front page, News

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

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

U.S. spot Bitcoin ETFs recorded roughly $4.06 billion in net outflows in June, surpassing previous records according to SoSoValue data. Last week alone saw $1.79 billion in redemptions, the second-highest weekly outflow since ETF inception. Bitcoin traded near $59,800 as broader market sentiment remains cautious despite geopolitical de-escalation. Cumulative year-to-date outflows approach $5 billion in the first half of...

Bitcoin, Cryptocurrencies, ETF, Front page, News

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Aave and Solana Ecosystem Tokens Lead Crypto Rebound as Bitcoin Steadies Near ,000

Aave and Solana Ecosystem Tokens Lead Crypto Rebound as Bitcoin Steadies Near $60,000

Aave (AAVE) jumped nearly 19% in 24 hours following reports of potential Kraken strategic investment and founder Stani Kulechov’s statements on protocol economics. Solana (SOL) climbed almost 10% as tokenized stock trading volume on the network hit $2.5 billion weekly, driving gains in ecosystem tokens like Jito and Raydium. Bitcoin stabilized around $60,000 after dipping below $59,000 earlier in the week, with broader market...

Altcoins, Cryptocurrencies, Front page, News, Real World Assets (RWA), TradFi

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SBI Holdings Acquires Bitbank for 9 Million to Create Japan’s Largest Crypto Exchange

SBI Holdings Acquires Bitbank for $289 Million to Create Japan’s Largest Crypto Exchange

SBI Holdings has signed agreements to acquire crypto exchange Bitbank for ¥46.7 billion (approximately $289 million), making it a wholly owned subsidiary. The deal, expected to close around October 2026 pending regulatory approval, will create Japan’s largest crypto platform by assets under custody with roughly ¥1.1 trillion ($6.8 billion) and 2.92 million accounts. Bitbank brings a strong security track record with zero hacking...

Cryptocurrencies, Exchanges, Front page, News

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Ripple Launches RLUSD Stablecoin in Japan Following JFSA Approval

Ripple Launches RLUSD Stablecoin in Japan Following JFSA Approval

Ripple’s RLUSD stablecoin is now live in Japan through SBI VC Trade following Japan Financial Services Agency (JFSA) approval. The USD-backed token, with a $1.7 billion market cap, is available to both institutional and retail users on the VCTRADE platform. This marks a key milestone in Ripple’s long-term partnership with SBI Group, building on their 2016 collaboration. Ripple has officially launched its Ripple...

Cryptocurrencies, Front page, News, Stablecoins

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