IREN adds 4% premarket as company unveils 800MW Australian AI data center campus
The AI infrastructure firm secured a grid connection for a planned South Australian campus, with energization targeted for 2028.
CryptoBriefDesk
Clarity Act survival depends on the U.S. Senate getting a lot of non-crypto work done
The dwindling congressional calendar may spur a legislative competition for the crypto market structure bill to win Senate floor time against other priorities.
Cobie Denies $6.58M LDO ‘Dump’: It Was Wintermute
Cobie publicly denied dumping $6.58M worth of LDO tokens. The wallets flagged by on-chain tracking platform Lookonchain belonged to Wintermute, one of crypto’s largest market makers, not to the Lido DAO co-founder. The incident is a clean case study in…
Bitcoin ETF outflows are noise as Wall Street doubles down on crypto, says analyst
Recent Bitcoin ETF outflows look dramatic in headlines, but Bloomberg Intelligence’s Eric Balchunas says the broader adoption story remains intact.
Bitcoin derivatives markets flashing warning signs as price plunges below $70,000
Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.
Tom Lee calls Strategy’s bitcoin sale classic bottom behavior
Bitmine Immersion Technologies chairman said minor sales from key holders and institutional outflows are typical market bottom behaviors rather than structural threats.
Symbiotic aims to make tokenized assets easier to cash out with new liquidity network
Liquid Lane aims to solve a key bottleneck that is holding back growth of tokenized funds and credit: long redemption times, Symbiotic cofounder Misha Putiatin said.
XLM Outpaces XRP Again as Stellar Rally Nears 100% Gain Since DTCC Deal
XLM surged past $0.27 early June 1—yielding brief 24-hour gains of 14%—before a market-wide sell-off trimmed its daily gains to 5%. Alongside Hyperliquid and TRON, XLM was one of the few top 20 digital assets to post gains on a…
Cardano Summit 2026 canceled after community votes against Foundation funding proposal
The Cardano Foundation’s flagship conference was scrapped after a funding proposal failed to secure the two-thirds support required under the blockchain’s new governance system.
Strategy holds STRC dividend at 11.5% for fourth straight month
The preferred stock remains near its $100 par value as the company balances yield stability, ATM issuance capacity, and its bitcoin acquisition strategy.