In a CNBC interview, Ripple CEO Brad Garlinghouse reiterated his bullish stance on Bitcoin but sharply criticized Strategy's (formerly MicroStrategy) method of raising capital via preferred stock to fund Bitcoin purchases. He argued that financial engineering does not create long-term value and that Strategy's approach has harmed the broader crypto market. At the same time, Strategy's preferred stock (STRC) hit an all-time low, trading at a ~26% discount to its par value, while common stock fell to its lowest since February 2024 and Bitcoin dropped below $59,000. CryptoQuant recommended Strategy halt Bitcoin purchases and rebuild cash reserves, as the dividend coverage period shrank from over 7 years to ~14 months. Benchmark analyst Mark Palmer, however, believes the financing engine is merely less efficient, not broken, rejecting comparisons to collapsing assets.

Nasdaq confirms SpaceX (SPCX) will be added to the Nasdaq 100 Index on July 7, 2026, just weeks after its June 12 listing. JPMorgan estimates the inclusion could drive $4.3 billion in passive inflows. Despite a $4.9 billion net loss last year and valuation concerns from Morningstar, the market remains optimistic. S&P Global has declined to adjust its criteria and will consider adding SpaceX to the S&P 500 only after 12 months.

Re is an on-chain capital market protocol that connects stablecoin capital with regulated reinsurance risk. Its ecosystem consists of on-chain protocols designed to introduce blockchain technology and stablecoin liquidity into the reinsurance market, enabling more efficient capital allocation and risk transfer. The protocol allows investors to provide capital in stablecoins, which is then allocated to regulated reinsurance risk pools via smart contracts, generating returns within a compliant framework. Re aims to address information asymmetry and intermediary costs in traditional reinsurance while maintaining auditability for regulators. The project is in its early stages, with tokenomics and technical details not fully disclosed. Market attention is focused on its appeal to large institutional investors and integration path with the legacy reinsurance industry.

Re is an on-chain capital market protocol that connects stablecoin capital with regulated reinsurance risk. Its ecosystem is powered by on-chain protocols and smart contracts, aiming to provide institutional-grade transparent risk transfer channels. This article briefly introduces the project's core mechanics and market positioning.

Ripple CEO Brad Garlinghouse said in a CNBC interview that he remains bullish on Bitcoin but believes Strategy's model of buying Bitcoin through preferred stock financing has harmed the crypto market. He noted that STRC shares are trading about 25% below par value, hitting an all-time low, while Strategy's common stock fell to its lowest since February 2024 and Bitcoin dropped below $59,000. CryptoQuant advised Strategy to pause Bitcoin purchases and rebuild cash reserves, though Benchmark-StoneX analyst Mark Palmer argues the financing engine is only 'less efficient' rather than broken.

As the 2026 World Cup fuels a historic surge in prediction market activity, retail users chasing ‘smart money’ often end up losing. In this exclusive interview, Odaily speaks with the PPP platform to reveal how it combines AI modeling and manual reviews to identify truly replicable, verifiable, and sustainable trading strategies. PPP offers two product lines — Strategy Square and Trading Leaderboard — and delivers smart money signals via a Telegram Bot. The article details PPP’s six-filter address evaluation method, practical test results (100 USDT test grew to 164 USDT in one day), and risk management guidance. A must-read for anyone seeking alpha in the tournament frenzy.

As Bitcoin prices continue to fall and retail panic selling intensifies, Wall Street institutions are seizing the opportunity to expand their footprint in crypto financial infrastructure. Invesco has filed for a tokenized fund, Kraken is in talks to acquire Aave, Circle and Nomura are advancing cross-border stablecoin settlement, and SBI Holdings acquired Bitbank to build a full-stack financial group. These moves are driven by regulatory clarity and technological maturity, signaling a systemic transfer of crypto infrastructure ownership from crypto natives to traditional financial institutions.

In 2026, the U.S. is driving a structural transformation of internet capital markets through regulatory breakthroughs (GENIUS Act, SEC/CFTC joint guidance) and institutional practices (J.P. Morgan, State Street conducting real trades on Solana). These developments validate public blockchain infrastructure for capital markets. Asian institutions face a strategic window and should progress pragmatically based on local regulatory maturity to seize this opportunity.