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BitGo Cuts 15% of Workforce to Focus on Stablecoins and AI
- BitGo is cutting nearly 15% of its workforce in a one-time restructuring.
- CEO Mike Belshe says no further job cuts are expected.
- BitGo is refocusing on security, trading, stablecoins, settlement, and AI.
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The Next PM Could Decide Britain’s Crypto Future
- Britain’s digital asset rules are already moving forward, despite political turmoil at No. 10.
- The next prime minister will still matter on unresolved issues like DeFi, stablecoins, tax and financial promotions.
- The sector’s bigger risk is crypto becoming a partisan culture-war issue, rather than a financial infrastructure debate.
OpenAI Could Reportedly Delay IPO After SpaceX Scare
- SpaceX shares surged then crashed 25-30% post-IPO, spooking AI giants.
- OpenAI CFO pushes 2027 delay citing cash burn and market volatility.
- Polymarket gives around 50% odds of no OpenAI IPO in 2026.
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SOL Price is Down 20% But Solana Network Activity is Climbing on Meme Coins
- Solana network activity is rising even as SOL drops 19% in a month.
- SOL exchange inflows jumped about 25x since June 11, hinting at selling pressure.
- Memecoin and perp apps like pump.fun and Jupiter drive most of the volume.
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Best Crypto Platforms to Buy Tokenized Gold in 2026
Tokenized gold platforms reviewed: Bitget, Binance, Kraken, Coinbase, Bybit. Evaluation criteria: regulatory compliance, supported gold tokens, trading fees, liquidity depth, and geographic availability.
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MicroStrategy Preferred Stock Crashes 25% But Arkham Says Not a Crisis for Michael Saylor
- MicroStrategy's STRC preferred stock slid to a record low, far below its $100 par.
- STRC dividends are discretionary, so a price drop triggers no Luna-style liquidation.
- Strategy's $1.4 billion cash reserve covers barely a year of STRC dividends.
PCE Inflation Shakes Markets: Nasdaq Rally Collapses, Bitcoin Falls to New 2026 Low
- Bitcoin fell to about $58,000, its lowest level since September 2024.
- Crypto liquidations topped $1.26 billion across more than 209,000 traders.
- Hotter May PCE inflation dimmed hopes for near-term Fed rate cuts.
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After MiCAR, Europe’s Crypto Market Enters the Supervision Era
- Europe’s crypto market is moving toward long-term supervision, governance, and operational responsibility under MiCAR.
- Audrey Lim says successful implementation will depend on trust, investor protection, resilience, and credible regulatory engagement.
- KuCoin EU sees compliance and commercial growth as connected parts of building a sustainable digital asset business in Europe.
China’s Top Bitcoin Miner Suggests Arthur Hayes Is Right About BTC Bottom
- Bitcoin miner Jiang Zhuoer predicts a $42,000 to $44,000 bottom in late 2026.
- He says Strategy's mNAV fell to 0.72, near its 2022 bear-market low.
- Arthur Hayes recently called a $40,000 Bitcoin bottom within six months.
