Tag: CRYPTOS FoxBusiness

  • Michael Saylor raises $467M while Strategy halts Bitcoin buying

    Michael Saylor raises $467M while Strategy halts Bitcoin buying

    Strategy has raised $466.7 million through fresh MSTR stock sales while leaving its Bitcoin holdings unchanged at 843,775 $BTC for the week ending July 12.

    According to a Form 8-K filed with the U.S. Securities and Exchange Commission (SEC), Michael Saylor-led Strategy sold 4,818,781 Class A MSTR shares between July 6 and July 12 through its at-the-market (ATM) program, generating approximately $466.7 million in net proceeds. Despite the capital raise, the company reported that it did not purchase or sell any Bitcoin during the reporting period.

    Strategy has increased its USD Reserve by $450 million. As of 7/12/2026, we hodl ₿843,775 in our $BTC Reserves and $3.0 billion in our USD Reserves. $MSTR $STRC https://t.co/0YQTQd7CXS

    — Strategy (@Strategy) July 13, 2026

    The filing showed Strategy continued to hold 843,775 $BTC, acquired for about $63.69 billion at an average purchase price of $75,476 per Bitcoin, excluding fees and expenses. Following the latest issuance, the company still has roughly $23.79 billion available under its MSTR ATM stock program.

    Strategy keeps Bitcoin holdings unchanged after recent sale

    Fresh SEC disclosures also showed Strategy held approximately $3 billion in U.S. dollar reserves as of July 12. According to the filing, the cash is intended to cover preferred stock dividends and interest payments on the company’s debt. The reported balance also includes expected proceeds from ATM share sales that had not settled by the reporting date.

    The company further disclosed that it did not repurchase any shares under its existing buyback programs during the same week.

    The latest filing follows Strategy’s $216 million Bitcoin sale disclosed the previous week, only the second $BTC sale in the company’s history. At the time, the company said the proceeds would be used to fund dividends tied to its STRC preferred stock and other digital credit securities. After that transaction, Strategy’s Bitcoin balance fell to 843,775 $BTC, where it has remained through the latest reporting period.

    Earlier reports also noted that Strategy has authorization to sell up to $1.25 billion worth of Bitcoin under its $BTC Monetization Program, a development that has drawn close attention from market participants even though the company has not announced additional $BTC sales.

    Standard Chartered says treasury uncertainty drove recent weakness

    Attention around Strategy’s Bitcoin plans increased after Executive Chairman Michael Saylor posted the company’s familiar Bitcoin acquisition chart on July 12 with the message, “Orange dots tell only part of the story.” As crypto.news reported earlier, the post did not confirm whether Strategy had bought, sold, or held Bitcoin during the latest reporting week.

    Crypto.news also noted that Strategy’s public Bitcoin tracker continued to show 843,775 $BTC, matching the latest SEC filing. The company typically reports treasury activity through regulatory filings, meaning social media posts do not establish whether a transaction has occurred or indicate its direction.

    The latest disclosure comes as Bitcoin has climbed back above $64,000 after Standard Chartered reaffirmed its $100,000 price target for the end of 2026. In a research note, the bank said recent weakness in Bitcoin was driven largely by uncertainty surrounding Strategy’s evolving treasury approach rather than by any deterioration in Bitcoin’s underlying fundamentals.

    Standard Chartered added that the recent pullback should not be interpreted as a change to its long-term bullish outlook for the cryptocurrency.

  • Gondor unlocks leveraged Polymarket bets with portfolio-backed credit

    Gondor unlocks leveraged Polymarket bets with portfolio-backed credit

    Gondor has introduced a portfolio-backed margin account that allows Polymarket traders to borrow against their entire prediction market holdings instead of individual positions.

    According to Gondor’s announcement on Monday, the new product, called V1, uses a cross-margin system that evaluates a trader’s complete Polymarket portfolio as collateral before extending credit. Private access is scheduled to begin next week, while a public launch is planned for September. Gondor also said it does not take custody of user assets.

    Introducing Gondor v1, the first margin account for Polymarket

    Cross-margin your positions, borrow against the entire portfolio and use the credit to buy more shares

    1/ pic.twitter.com/15HB9t7Mdo

    — Gondor (@gondorfi) July 13, 2026

    The release expands on the company’s original lending strategy announced after its August 2025 angel funding round. As previously reported by crypto.news, Gondor raised capital in a round led by Maven11 Capital, with participation from investors associated with Polymesh, Rhino.fi, Futuur, Salt, and others to develop lending products for Polymarket traders. V1 builds on that effort by replacing position-based borrowing with portfolio-backed credit.

    Cross-margin model replaces isolated lending

    Before introducing V1, Gondor spent seven months testing its lending system through a closed beta. According to the company, more than 150,000 users joined the waitlist, after which it reviewed applicants’ Polymarket activity and selected 1,000 of the platform’s most active traders to participate.

    During the beta, borrowers initially used an isolated lending model that treated each prediction market position separately. Gondor said this approach exposed lenders to binary market risk because a position could rapidly lose nearly all of its value before liquidation became possible.

    As a result, the company said lenders had to compensate for that risk by charging higher borrowing costs and imposing tighter conditions. Lending was limited to more liquid markets, borrowing capacity was capped, and some loans had to be closed before the related prediction markets reached resolution.

    Gondor added that these safeguards protected lenders but reduced the borrowing experience for traders by limiting available credit and shortening the lifespan of loans.

    Portfolio collateral supports larger credit lines

    The company said V1 addresses those issues by allowing gains from one position to offset losses in another, similar to how traditional prime brokers extend credit against an investor’s overall portfolio rather than evaluating assets individually.

    According to Gondor, this portfolio-based structure makes it possible to provide more borrowing capacity while lowering financing costs. The company also said the system can support a larger variety of prediction markets and lets traders keep positions open until market resolution instead of forcing early loan closures.

    Although Gondor outlined how the cross-margin model works, several operating details remain undisclosed ahead of the private rollout. The announcement did not specify borrowing rates, collateral requirements, liquidation thresholds, or which prediction markets will be available when early access begins.

    The company has not indicated whether those terms will be finalized before the September public release, but the upcoming private access period is expected to provide the first live test of the portfolio-backed lending model outside its closed beta.

  • Bitcoin braces for Waller warning as US inflation test looms

    Bitcoin braces for Waller warning as US inflation test looms

    Bitcoin has entered a high-risk week as fresh inflation data and renewed Federal Reserve rate concerns have intensified pressure on crypto markets.

    According to Reuters, Federal Reserve Governor Christopher Waller warned that the U.S. central bank could consider raising interest rates if inflation continues to remain above its 2% target, placing investors on alert before this week’s key economic releases.

    His comments come as traders prepare for the June Consumer Price Index (CPI) report due on July 14, followed by the Producer Price Index (PPI) data on July 15.

    Bitcoin has already reacted to rising macro uncertainty. The cryptocurrency slipped below $62,000 after climbing to around $64,500 earlier, with escalating tensions between the United States and Iran adding another layer of risk to global financial markets.

    Higher geopolitical uncertainty has combined with growing expectations of tighter monetary policy to weaken demand for risk assets.

    Inflation data could shape Fed expectations

    Wall Street economists expect the June CPI report to show monthly inflation easing to 0.2% from 0.5% in May. Annual inflation is projected to slow to 3.8% from 4.2%, offering investors another measure of whether price pressures are cooling.

    The inflation figures are likely to influence expectations for future Federal Reserve policy. If consumer prices rise faster than forecast, markets could strengthen their bets that policymakers may keep interest rates higher for longer or even consider another increase.

    Attention will then turn to the June PPI report, which measures inflation at the wholesale level. Together, the two reports are expected to provide a clearer picture of inflation trends across the U.S. economy and could influence trading across equities, bonds and digital assets.

    Following Waller’s remarks, the CME FedWatch Tool showed that the probability of a September Federal Reserve rate hike climbed to 51.3%. Higher borrowing costs typically reduce appetite for speculative investments, making cryptocurrencies particularly sensitive to changes in monetary policy expectations.

    Source: FedWatch

    Recent Federal Reserve communications have already pointed to persistent inflation risks. Minutes from the central bank’s latest policy meeting noted that several officials remain concerned about inflationary pressures, including those linked to rising artificial intelligence investment and stronger-than-expected economic activity, keeping markets cautious ahead of this week’s data releases.

    Crypto legislation adds another market catalyst

    While inflation remains the primary focus, investors are also monitoring developments in Washington as lawmakers prepare for another important week for the CLARITY Act, one of the most closely watched crypto market structure bills.

    U.S. President Donald Trump recently urged the Senate to pass the legislation in honor of Senator Lindsey Graham, who died on July 11. The bill is expected to receive renewed attention this week as lawmakers continue discussions over its final form.

    The legislation seeks to establish a clearer regulatory framework for digital assets in the United States. Market participants have been watching the proposal closely because it could determine how cryptocurrencies are regulated by federal agencies and influence future institutional participation in the sector.

    With inflation reports, Federal Reserve policy expectations, geopolitical tensions, and crypto legislation all converging within days, investors are preparing for another volatile trading week.

    Softer-than-expected inflation could ease pressure on risk assets, while stronger readings may reinforce expectations for tighter monetary policy and keep cryptocurrencies under pressure.

  • Watch Out: Claims of Manipulation Regarding an Altcoin Are Circulating

    Watch Out: Claims of Manipulation Regarding an Altcoin Are Circulating

    L2Beat, an analytics platform that tracks Ethereum layer-2 networks, announced that it has excluded approximately $7 billion worth of non-circulating tokens held in multi-signature wallets controlled by the $RAIN team from Arbitrum’s Total Guaranteed Value (TVS) calculation.

    Despite the adjustment, the value of $RAIN tokens within TVS on Arbitrum remains at approximately $2.6 billion. This figure makes $RAIN the largest asset on Arbitrum, surpassing USDC and Ethereum (ETH).

    L2Beat researchers described the resulting picture as “clearly illogical,” arguing that they believe the $RAIN token has been “heavily manipulated.” The platform noted that a more comprehensive investigation into the token’s valuation and Arbitrum’s impact on the TVS metric is underway.

    Related News After Strategy, Is Tether Next? Activity Is Being Observed in Bitcoin Wallets

    The TVS metric is used to measure the total value of assets secured by a blockchain or layer-2 network. However, including tokens that are not in circulation and are held in wallets controlled by the project team can make the network’s true economic size appear higher than it actually is.

    Developed on the Arbitrum platform, $RAIN operates as a protocol focused on prediction markets. In May, the project announced a $100 million liquidity commitment, briefly becoming one of the top three prediction market protocols by valuation.

    L2Beat’s review raised new questions about $RAIN’s market capitalization, as well as the transparency of the team-controlled token supply and Arbitrum’s impact on TVS data.

  • MemeToro Staking Breakdown: How the 35% APY Actually Works, Top 5 Crypto Staking Platforms in 2026

    MemeToro Staking Breakdown: How the 35% APY Actually Works, Top 5 Crypto Staking Platforms in 2026

    Staking has become one of the most popular ways for crypto investors to earn passive rewards while continuing to hold their assets. However, staking opportunities vary widely depending on the platform. Some focus on network security, while others use staking to support ecosystem growth or reduce circulating supply.

    MemeToro ($MT) has entered that conversation by introducing a staking model alongside its AI-powered ecosystem. Here’s how it compares with some of the leading staking platforms in 2026.

    5 Staking Platforms Investors Are Watching

    The staking landscape is much broader than Ethereum alone.

    Lido continues leading liquid staking for Ethereum by allowing users to earn rewards while receiving liquid staking tokens that remain usable across decentralized finance applications.

    Rocket Pool follows a similar approach but emphasizes decentralization through community-operated validator nodes. It remains popular among Ethereum users who prefer a more distributed staking model.

    Binance Earn continues attracting both retail and institutional investors through its simple staking interface. Users can stake supported cryptocurrencies without managing validator infrastructure themselves.

    Maxi Doge has taken a different approach. Its presale staking pool currently offers up to 76% APY (which is not trusted yet), with almost 10 billion tokens already locked. The high yield encourages holders to reduce circulating supply before public trading begins.

    Finally, MemeToro introduces staking as part of a larger Web3 ecosystem rather than as a standalone yield product.

    How MemeToro’s 35% $APR Works

    Unlike traditional proof-of-stake networks, MemeToro ($MT) uses staking to encourage long-term participation across its platform.

    Eligible holders can lock their $MT tokens into the platform’s staking contracts and earn rewards of up to 35% $APR. The objective is not only to reward long-term holders but also to strengthen ecosystem participation before additional products become available.

    The staking model is closely connected to the wider platform.

    As prediction markets, AI-powered token launches, and SocialFi products expand, staking becomes one of several ways users interact with the ecosystem rather than the platform’s only utility.

    That creates a different experience from networks where staking exists purely to validate blockchain transactions.

    MemeToro Tokenomics Support Long-Term Participation

    Staking works best when it is supported by balanced tokenomics.

    MemeToro ($MT) has a fixed maximum supply of 1.2 billion $MT tokens, with approximately 71% allocated to the public sale. Marketing and partnership allocations remain subject to a 24-month vesting schedule, while the project’s smart contracts have completed an independent Coinsult audit.

    The Presale Continues Through Stage 4

    Investors interested in staking first need access to the native utility token. MemeToro is currently progressing through Stage 4 of its public presale.

    The project has already raised $66,670.37, filling 82.52% of the current $80,785.59 allocation target. The token is currently priced at $0.00171, with the next presale stage increasing automatically to $0.00190.

    Early participants can secure their allocation before the scheduled price adjustment while positioning themselves for future staking participation after launch.

    Staking Now Means More Than Passive Income

    Crypto staking has evolved well beyond simply locking tokens for rewards. Today, investors can choose between liquid staking providers like Lido and Rocket Pool, exchange-based services such as Binance Earn, or ecosystem-driven models offered by projects like Maxi Doge and MemeToro.

    Each platform serves a different purpose. MemeToro ($MT) distinguishes itself by making staking one component of a broader AI-powered ecosystem that also includes token launches, prediction markets, and SocialFi tools.

    As investors continue comparing passive income opportunities across Web3, staking is increasingly becoming part of a much larger platform experience rather than a standalone feature.

    More Information on MemeToro ($MT) Presale Here:

    Website: https://memetoro.com/

    X: https://x.com/memetoro_mt

    Telegram: https://t.me/memetoro_mt

  • Trump’s crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials

    Trump’s crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials

    The ethics provision is among the final sections of the Clarity Act that need to be ironed out if the bill is to advance to a Senate floor vote. The clock is running out on getting the legislation approved, and industry insiders are anxiously awaiting the latest draft of Clarity, which they expect in the next couple of days. But it isn’t expected to have completed language on this section and a couple of other points also still being debated.

    Earlier, bipartisan discussions had covered the possibilities of extending ethics implementation to a later period that might not impose immediate disruptions on Trump’s extended crypto-related holdings, and that the limits would be on the government officials and not beyond them. But people briefed on the negotiations have said that they’d hit a recent wall, despite the dwindling available calendar for action in the Senate before the summer recess and the shift in focus to the midterm elections.

    The Senate is back to work this week and has just a few weeks remaining before its major break. Senate Majority Leader John Thune had suggested that he’d press forward with a Clarity vote this month, whatever shape the bill is in. The talks now have the element of Trump’s recent financial disclosures to contend with, in which he pocketed massive profits from sales of crypto assets and related income streams from the sector.

  • Bitcoin panic-selling may be ending as sellers’ profit margins disappear

    Bitcoin panic-selling may be ending as sellers’ profit margins disappear

    Dessislava Ianeva, an analyst at Nexo, made a similar point in an email to CoinDesk.

    “ETF flows confirm it from another angle. The past ten days split between inflow and outflow, netting slightly positive,” Ianeva said.

    “Glassnode data shows spot selling pressure has faded. June’s net selling averaged nearly 2,000 $BTC a day; July’s has slowed to just 53 $BTC a day, the calmest month of 2026 outside April.”

    The relative calm, however, may not indicate a rapid turnaround.

    The price recovery from the year’s low of $57,700, hit earlier this month, is largely driven by derivatives traders and not spot buyers, according to Alex Kuptsikevich, FxPro’s chief market analyst.

    “Demand for Bitcoin is recovering rapidly, though the growth is currently being driven mainly by retail traders in the speculative futures market. At the same time, the situation in the spot market remains less positive,” he said.

    Without a strong return of buy-side liquidity, prices could remain in a sideways trend for months to come, he said.

    Caution is understandable ahead of macroeconomic data that may influence interest-rate decisions and the appetite for risk.

    U.S. CPI for June is scheduled for release Tuesday and Fed Chair Kevin Warsh’s first Congressional testimony is due this week. These events could influence the market trajectory and make, or break, the recovery.

  • President Donald Trump Sends China-Related Crypto Message: Hints at US Clarity Act, a Bullish Cryptocurrency Law!

    President Donald Trump Sends China-Related Crypto Message: Hints at US Clarity Act, a Bullish Cryptocurrency Law!

    Uncertainty continues in the Clarity Act process, one of the most important legislative bills aimed at regulating cryptocurrencies in the US.

    At this point, the passage of the Clarity Act, also known as the Transparency Act, is eagerly awaited, and US President Donald Trump has also called for its enactment.

    At this point, Donald Trump, in a post on Truth Social, pointed out that many countries, including China, were trying to get their hands on this “important financial event.”

    He added that the US is currently in a leading position, but it should not allow China to win in either the AI or cryptocurrency sectors.

    “…China and many other countries want to completely and entirely seize control of these major financial phenomena and artificial intelligence.”

    We are currently ahead in artificial intelligence, but they are also competing fiercely.

    Don’t let China win in both areas.”

    With Trump making a critical call regarding the CLARITY Act, according to CryptoInAmerica host Eleanor Terrett, the next four weeks, coinciding with the reconvening of the US Senate, are seen as a critical turning point for the passage of the CLARITY Act this year.

    Terrett stated that the market views the period before the August congressional recess as the last realistic opportunity this year to pass the cryptocurrency market structure bill.

    However, the bill needs 60 votes to pass the entire Senate, making the cooperation of the Democrats essential.

    In this context, a revised version of the bill incorporating the proposals of the Senate Banking and Agriculture Committees is expected to be released this week. According to Terrett, this will determine the progress of negotiations and how to proceed on the remaining points of contention.

    The biggest problem remains the ethical issue, as the White House has yet to reach an agreement on conflict of interest measures regarding President Trump’s cryptocurrency businesses. Democrats and some Republicans are demanding stricter ethical guidelines for the president’s crypto ventures.

    *This is not investment advice.