Strategy Sells 3,588 Bitcoin for $216 Million to Cover Dividend Payments

Strategy sold 3,588 bitcoin for $216 million to cover dividend payments on its preferred stock, according to a Monday morning post from co-founder Michael Saylor. The sale brings Strategy’s bitcoin reserve down to 843,775 BTC as of July 5, 2026. The company also holds $2.55 billion in cash reserves, Saylor said. Saylor confirmed the money … Read more

Nigeria SEC Admits Kucoin and GIGX as ARIP Sandbox Grows to 9 Supervised Crypto Firms

Nigeria’s Securities and Exchange Commission (SEC) has admitted two more cryptocurrency firms—GIGX Technologies and Kucoin Nigeria Limited—into its Accelerated Regulatory Incubation Program (ARIP). Expanding the Sandbox Nigeria’s Securities and Exchange Commission (SEC) has admitted two additional virtual asset service providers (VASPs) into its Accelerated Regulatory Incubation Program (ARIP), following the recent entry of Luno Nigeria … Read more

Coinbase AI Declares Norway World Cup Winner Before Kickoff as Armstrong Orders Review

Coinbase came under fire after an artificial intelligence (AI)-generated alert told users Norway had beaten Brazil 3-2 in a World Cup knockout match that had not yet been played. A Major Goof up Coinbase declared that Norway had defeated Brazil 3-2 with striker Erling Haaland scoring twice. The problem was that the match, scheduled for … Read more

Nigel Farage Faces Fresh Scrutiny as Report Links Convicted Crypto Gambling Entrepreneur to Undisclosed Benefits

Reform UK leader Nigel Farage reportedly faces formal parliamentary standards complaints following a report alleging he failed to declare significant financial support from a convicted crypto gambling entrepreneur. Secret Funding Allegations Reform UK party leader Nigel Farage faces formal complaints to a parliamentary standards watchdog following media disclosures alleging he failed to declare extensive financial … Read more

CLARITY Act Misses Trump’s July 4 Target as Window to Pass Shrinks to 25 Days

The Digital Asset Market Clarity Act was not signed into law by Independence Day as the White House had targeted, leaving roughly three working weeks between the Senate’s July 13 return and the Aug. 7 recess to pass the crypto industry’s long-sought market structure bill. Target Missed, New Window in Sight White House crypto adviser … Read more

Bitcoin Reclaims $63K as ETF Inflows Return and a Short Squeeze Clears the Bears

Bitcoin printed $63,835 today after reclaiming $63,000 for the first time in two weeks, as U.S. spot ETF inflows returned and a squeeze on bearish traders reversed most of the market’s late-June damage. Trading Higher Bitcoin traded as high as $63,832 early Monday, extending a rebound that has carried the largest cryptocurrency from below $60,000 … Read more

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