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Tag: News

Strategy Shifts Away From ‘Never Sell’ Bitcoin Mantra to Fund Dividends

Strategy Executive Chairman Michael Saylor stated the firm will “probably sell some bitcoin” to fund dividend payments and “inoculate the market.” The company reported a $12.54 billion net loss for Q1 2026, primarily due to a $14.46 billion unrealized fair-value loss on its BTC holdings. CEO Phong Le clarified the firm will sell Bitcoin when “advantageous to the company,” moving away from its previous...

Breaking, News

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Coinbase Cuts 14% of Workforce as It Shifts to AI-Native Operations

Coinbase Cuts 14% of Workforce as It Shifts to AI-Native Operations

Coinbase to cut roughly 700 jobs, representing 14% of its workforce of about 4,900-5,000 employees. CEO Brian Armstrong cites converging forces of market downturn and AI advancements changing workflows. Company moving to flatter organization with no pure managers, player-coach leaders, and smaller AI-native teams. Restructuring costs estimated at $50-60 million, expected to complete in Q2 2026. Crypto exchange Coinbase...

Cryptocurrencies, Exchanges, Front page, News

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Western Union Launches USDPT Stablecoin on Solana for 24-7 Global Settlements

Western Union Launches USDPT Stablecoin on Solana for 24/7 Global Settlements

Western Union launched USDPT, a U.S. dollar-denominated payment stablecoin fully backed by USD and issued by Anchorage Digital Bank on the Solana blockchain. The token targets 24/7 treasury management and agent settlements, initially rolling out in the Philippines and Bolivia. Fireblocks provides the underlying wallet, settlement, and operations infrastructure; plans include broader exchange availability and consumer access via...

Crypto adoption, Cryptocurrencies, Front page, News, Stablecoins

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Bitcoin Price Action May Forge Its Own Path to $100,000 Without New Narrative

Bitcoin has remained below the $100,000 psychological barrier for nearly five months following a significant liquidation event in late 2025.Analyst Michael van de Poppe suggests that price action and mathematical accumulation are more critical than a predefined market story.The rotation of capital into the AI sector, led by equities like Nvidia, has temporarily dampened crypto-specific momentum. Bitcoin may not require a blockbuster...

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Hyperliquid Launches HIP-4 Upgrade, Introducing Outcome Markets to Mainnet

HIP-4 introduces outcome contracts, a general-purpose primitive for prediction markets and binary options, natively integrated into Hyperliquid’s L1. The initial release features recurring daily Bitcoin price binary markets, recording over 6 million contracts and 4,000 unique traders on day one. Unlike perpetuals, these contracts are fully collateralized with no leverage or liquidation risk, utilizing a unified margin account system. ...

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