Strategy co-founder Michael Saylor has defended the company’s Bitcoin-backed capital strategy after its STRC preferred stock fell well below its $100 par value and triggered fresh criticism from market participants. According to a June 20 X post by Saylor, Strategy’s…
Source: https://crypto.news/michael-saylor-fires-back-as-strc-crash-sparks-fraud-claims/
Binance founder Changpeng Zhao, known in crypto circles as CZ, has said that AI agents could become one of the industry’s biggest adoption drivers. That, according to him, is because the autonomous software will likely rely on blockchain-based payments long before traditional financial systems adapt to their needs. CZ Says AI and Crypto Are Natural…
The election’s outcome could significantly influence Colombia’s political landscape, impacting policy directions and regional alliances. The post Colombian presidential runoff sees de la Espriella, Cepeda face off today appeared first on Crypto Briefing.
Fidelity Investments launched the Fidelity Reserves Digital Fund (FYMXX) on June 15, a government money market fund built specifically to hold stablecoin reserves under the GENIUS Act, joining a growing queue of traditional finance giants racing to own the plumbing of the regulated stablecoin economy. Currently, the total stablecoin market cap sits at over $315Bn,…
