Author: WebDesk

Joerg Hiller Jun 26, 2026 14:38 After the Fed held rates steady last week, some Trump advisers signaled more patience with Chair Kevin Warsh even as inflation hit 4.1% in May. May inflation hits 4.1% as Polymarket sees 79% odds of zero Fed cuts in 2026 Fed Cuts 2026 Polymarket: Zero-Rate-Cut Odds Slip After 4.1% Inflation and Warsh Holds Rates Steady After inflation rose 4.1% in May and President Donald Trump’s advisers signaled more patience with new Federal Reserve Chair Kevin Warsh’s decision to hold rates steady, Polymarket traders leaned further toward fewer…

Michael Saylor responded to the deepening selloff in Strategy’s stock and preferred shares Friday with a statement on X. “Volatility tests every capital structure,” Saylor wrote. “Strategy remains focused on Bitcoin, disciplined capital allocation, credit quality, and long-term value creation. We appreciate our investors and will continue to execute with transparency and resolve. $MSTR”. The tweet landed as MSTR shares and STRC, Strategy’s variable-rate perpetual preferred, both hit 52-week lows. MSTR has shed more than 80% from its all-time peak. STRC, which carries a par value of $100, traded near $74 — a 26% discount. When preferred shares trade below…

BitGo Holdings, one of the crypto industry’s most prominent custody and infrastructure firms, has reduced its workforce by nearly 15% as the company restructures around stablecoins, settlement, trading, security, and AI-powered infrastructure. The announcement, made by CEO and co-founder Mike Belshe on June 25, was simultaneously filed with the U.S. Securities and Exchange Commission via an 8-K disclosure, underscoring the significance of the move for the now-public company.“Today I’m sharing a hard decision: we are reducing our workforce by nearly 15%,” Belshe wrote in a post on X. “The ecosystem has evolved, and the way we build financial services has…

Bitcoin has shed more than 50% of its value since hitting an all-time high near $126,000, and the market is now locked in a tense standoff at a support level that technical analysts say could determine the digital asset’s next major move. The cryptocurrency has been testing the $58,000–$60,000 range for the third time in recent months, a zone that chart watchers consider critical. Below that threshold, the next meaningful support sits in the low $40,000s, a drop that would push Bitcoin into drawdown territory comparable to its most brutal prior cycles. The sell-off has been swift and precise. Bitcoin’s…

Palo Alto, United States, June 26th, 2026, ChainwireToss users can now contribute real-world data to train AI and get paid for it, in a first-of-its-kind model launching in Korea ahead of global expansion.Poseidon, the data infrastructure built to source and license real-world data for AI, today announced a partnership with Toss, the mobile financial platform operated by Viva Republica, to let everyday users contribute to AI training and be paid for what they provide. It is Toss’s first move into AI data, and it opens that market to its roughly 30 million users.Frontier AI has run out of internet to…

While the broader crypto market continues to struggle, Bitcoin remains stuck below the crucial $60,000 mark, keeping market sentiment under pressure. However, not every token is following the bearish trend. Aave Price has emerged as one of the strongest outperformers over the past few days, climbing nearly 20% from around $72 to $86 between June 24 and 26, even as Bitcoin printed fresh local lows.This unusual divergence has caught the market’s attention, raising questions about what is driving AAVE higher when most altcoins continue to struggle. A closer look at the on-chain and derivatives data reveals that whale accumulation and…

Stani Kulechov, founder of Aave — the largest decentralized lending protocol on Ethereum — has publicly dismissed reports that Aave Labs is in talks to sell a significant AAVE token allocation to Kraken’s parent company Payward at a steep discount to market value. While stopping short of denying that strategic partnership discussions are underway, Kulechov pushed back forcefully against the deal’s reported framing, using the controversy to restate Aave’s revenue model and announce a coming upgrade to its token economics.The Report That Triggered the PushbackCoinDesk reported on Thursday, citing two unnamed sources, that Kraken parent firm Payward is in talks…

TL;DR BitGo reportedly cut around 15% of its workforce. The move is described as a one-time strategic realignment. The repaired batch says the exact SEC accession link was not available, so the article keeps the story source-attributed. Digital asset custodian BitGo has reportedly implemented a workforce reduction of roughly 15% as it refocuses resources on security, trading, stablecoins, settlement and AI-powered infrastructure. The repaired source batch classifies the story as secondary-supported because the exact SEC accession link was not provided, even though the restructuring is described as having been filed through an 8-K disclosure. What Happened? The batch says the…

Cardano has been under heavy bearish pressure as the price has dropped back to levels last seen in 2020, reflecting the growing weakness across the market. What’s more concerning is that the bulls have shown little interest in accumulating at these lower levels, which signals fading confidence despite the sharp correction. After losing the crucial support around $0.19, the ADA price has now entered an important demand zone, and how the price reacts here could shape the next move.At the same time, network activity has picked up, suggesting traders are becoming more active amid the volatility. However, the recent spike…

Key TakeawaysX Money’s new Cash Sweep Program offers Premium+ users up to $10M in FDIC coverage, 40x the $250K standard limit.The service pays a 6% APY and runs on a Visa partnership, holding standard deposits at Cross River Bank up to $250,000.A full public rollout is targeted for mid-2026, even as Senator Elizabeth Warren presses for tighter oversight. A Tenfold-Plus Jump Over Standard Deposit Insurance The rollout extends X Money to higher-tier users and introduces what the company calls the X Cash Sweep Program, which can provide up to $10 million in Federal Deposit Insurance Corporation (FDIC) coverage. That is…