Peter Schiff said Strategy’s STRC preferred stock may mislead investors and could spark lawsuits if dividends are cut and the shares plunge, while Michael Saylor continues using the vehicle to buy more Bitcoin.
Bitcoin swung from $77,904 to $74,937 after the Fed held rates steady, while total crypto liquidations reached $550.62 million in 24 hours and more than 120,000 traders were wiped out.
Bitcoin gained about 6% over the past week but remains capped near $79,000, where sell orders and short positions have built up. Michael van de Poppe says the move can still extend toward $85,000-$88,000 if support at $75,000 stays intact.
Arkham data shows six entities hold 4.25 million BTC, about 21% of Bitcoin’s eventual supply. With an estimated 3.7 million BTC permanently lost, the amount actually available to trade is far below the 21 million cap.
New York has sued Coinbase Financial Markets and Gemini Titan, arguing their event-based trading products are illegal gambling under state law, setting up a direct fight over state authority and federal derivatives oversight.
A deep dive into how bridges, rollups, and sidechains enable cross-chain interoperability, their security risks (over $2B lost in bridge hacks in 2022), and how they complement each other.
A Musk trust will pay a $1.5 million civil penalty to resolve SEC allegations that he disclosed his 2022 Twitter stake 11 days late, saving about $150 million. A separate shareholder lawsuit continues.
Tom Lehman renews efforts to include EIP-8182 in Ethereum's Hegota upgrade, proposing a protocol-managed shared shielded pool with ZK proof verification to solve privacy pool fragmentation. Joins EIP-8141 and EIP-8250 in the upgrade cycle.
