Key Takeaways Strategy is estimated to have bought 2,110 BTC on May 13, funded by proceeds from its STRC preferred stock program. The company raised $206M via STRC in May 2026, issuing 2.12 million shares at near its $100 par value. Strategy’s total holdings now stand near 820,000 BTC, acquired at an average cost of…
Key Takeaways JPMorgan filed with the SEC to launch JLTXX, its 2nd Ethereum tokenized fund, via Kinexys Digital Assets. JLTXX must hold 100% short-term U.S. Treasuries, aligning with GENIUS Act stablecoin reserve rules. Blackrock’s BUIDL surpassed $2.8B in AUM by early 2026, setting the pace in tokenized Treasury competition. Kinexys Powers the Onchain Infrastructure The…
The third edition of Southeast Asia Blockchain Week (SEABW) is scheduled to take place from May 18 to 24, 2026, in Bangkok, Thailand, according to an announcement from organizers Hashed and ShardLab. The primary conference sessions will be held at the True ICON Hall within ICON SIAM on May 20 and 21. The event is…
Key Takeaways MEXC plans to expand its Guardian Fund to $500M over two years, along with a 1,000 BTC reserve. MEXC logged $270M inflows by May 11, reflecting demand for stronger reserve safeguards. MEXC will add on-chain BTC and USDT proof-of-reserves to boost transparency and trust. BTC and USDT to Serve as Dual Reserve System…
Key Takeaways Treasury CS John Mbadi submitted Finance Bill 2026 to Parliament on April 30, 2026 targeting KSh 120 billion. VASPs to file annual returns to KRA under Tax Procedures Act amendment after section 6B. The bill reintroduces 20% withholding tax on gambling winnings, reversing a previous removal. Two Reform Lanes in One Vehicle Narrow…
Key Takeaways Exodus Movement reduced its bitcoin treasury by 63% in Q1 2026 to fund strategic fintech acquisitions. The 1,076 BTC liquidation helped raise cash for the May 1 purchase of payments firms Monavate and Baanx. Despite the $73.2 million disposal, Exodus reported a $32.1 million net loss amid lower trading volumes. NYSE American Listed…
Key Takeaways CFTC and SEC efforts aim to bring more consistency to overlapping financial market oversight. Growing market overlap has increased pressure for clearer, more consistent regulatory coordination. Firms may see reduced compliance friction if joint agency work advances. SEC and CFTC Advance Crypto Policy Alignment Efforts U.S. Commodity Futures Trading Commission (CFTC) Chair Michael…
Key Takeaways Marathon Holdings posted a $1.3 billion net loss in Q1 2026 due to an 18% drop in average bitcoin prices. The 33% surge in hashrate to 72.2 EH/s reflects intense mining competition and rising overhead costs. Marathon sold $1.5 billion in bitcoin to fund a strategic pivot into AI and retire 30% of…
Key Takeaways Polymarket traders assign a slim 11% chance that bitcoin hits $150,000 by December 31, 2026. Kalshi data shows a 47% probability of bitcoin surpassing the $100,000 milestone during 2026. Total volume across major prediction markets for BTC price targets has exceeded $80 million in 2026. As of May 12, 2026, the prediction platform…
Key Takeaways Gamestop CEO Ryan Cohen’s $56 billion unsolicited bid to acquire Ebay was formally rejected on May 12, 2026. Ebay shares remained stagnant while Gamestop stock fell 4% following concerns over the $20 billion debt plan. The Ebay board will focus on its 136 million users, while Gamestop may consider a future proxy fight…
