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Tag: News

Samsung and SK Hynix Shares Post Massive Year-to-Date Gains on Sustained AI Memory Boom

The global artificial intelligence infrastructure buildout has triggered a major market rally for South Korea’s premier semiconductor manufacturers. Driven by an acute shortage of high-bandwidth memory (HBM) chips, both technology giants have posted massive triple-digit gains over the first half of the year, significantly impacting traditional equity indices and capturing the attention of institutional digital asset and equity macro...

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U.S. Spot Bitcoin ETFs Record Worst Month Ever With .5 Billion in Outflows

U.S. Spot Bitcoin ETFs Record Worst Month Ever With $4.5 Billion in Outflows

U.S. spot Bitcoin ETFs posted $4.5 billion in net outflows in June 2026, the worst month since their January 2024 launch. BlackRock’s IBIT accounted for the bulk of redemptions, with assets under management across products falling sharply from early-month levels. The outflows coincided with Bitcoin’s roughly 20% decline in June, pushing prices near $58,000 amid broader market pressures. U.S. spot Bitcoin...

Bitcoin, Cryptocurrencies, ETF, Front page, News

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UK Finalizes Landmark Crypto Framework as US CLARITY Act Faces Narrowing Window

The UK Financial Conduct Authority (FCA) has finalized a comprehensive regulatory framework for crypto trading platforms, custodians, stablecoin issuers, and staking entities, taking full effect on Oct. 25, 2027. The new rules ease key constraints following industry pushback, including reducing capital coefficients for stablecoin issuers from 2% to 1% to balance consumer safety with market innovation. In contrast, the U.S. Digital Asset...

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Loopring Shuts Down DEX Services Citing Limited Adoption and Technical Limits

Ethereum Layer-2 scaling pioneer Loopring has announced the immediate closure of its decentralized exchange (DEX) and automated market maker (AMM) services, bringing an end to the core trading platform of the first-ever zero-knowledge rollup deployed on the network.DEX and Relayer Halts: Loopring has shut down all trading activities and taken its supporting relayer offline effective immediately.Technological Obsolescence: The team cited...

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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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