9h ago
Empery Digital exits Bitcoin treasury strategy with $65 million AI data center asset acquisition
Empery Digital (NASDAQ: EMPD) said it will acquire AI data center assets for $65 million, marking a full exit from its Bitcoin treasury strategy. The company had previously been forced to sell BTC multiple times amid shareholder pressure, effectively abandoning its original crypto plan. The shift follows ongoing governance disputes and financial strain, as detailed in SEC filings and the company’s press release. The move does not involve any new tokens, protocols or infrastructure changes, and reflects only a single public company’s asset-allocation pivot.
BTC
BTC-1.81%
9h ago
9h ago
Magnificent Seven lose $2.3 trillion in June as AI capex worries hit Big Tech
In June 2026, the “Magnificent Seven” erased a combined $2.3 trillion in market value as investors fretted over massive AI-related capital spending. Microsoft fell 20% over the month, Nvidia slid about 13%, and Apple and Amazon each declined around 8%. Amazon, Microsoft, Alphabet and Meta have pledged hundreds of billions of dollars for AI chip purchases and data-center construction, with some of the spending financed through borrowing. Industrywide AI-linked capital expenditures are projected to reach $700 billion in 2026, up roughly 70% year over year, pushing the group’s 12-month forward free-cash-flow outlook well below 2024 levels.
9h ago
9h ago
Circle Internet Group shares slide 16.3% to $63.57 as Open USD launch raises pressure on USDC
Open USD officially launched on Tuesday, backed by more than 140 companies including Visa, Mastercard, Stripe, Shopify and Coinbase, and it says it offers zero-fee minting and redemptions along with shared reserve earnings. The debut has heightened concerns it could erode Circle’s USDC market share and put pressure on Circle’s business model. Circle Internet Group shares fell 16.3% to $63.57, marking a year-to-date low and forming a technical “death cross.” USDC’s market capitalization has declined to $73.7 billion from a year-to-date high of $80 billion.
9h ago
9h ago
Dozens of Major Companies Become Open USD Launch Partners
多家大型金融及跨行业公司宣布成为Open USD稳定coin的首批启动合作伙伴。该稳定币由新联盟发起,旨在构建开源、可验证的美元锚定资产基础设施。目前未披露发行方、储备审计细节、上链网络或代币合约地址。Open USD尚未在任何主流交易所上市,亦无公开代币符号或智能合约部署信息。事件属稳定币生态建设层面合作官宣,不涉及现有加密资产的技术整合、流动性注入或监管许可突破,对市场短期价格无直接驱动,但可能间接强化机构对合规稳定币赛道的关注。
USDC
USDC+0.00%
9h ago
9h ago
Celsius-linked miner Ionic Digital files for Nasdaq direct listing under ticker IOND
Ionic Digital Inc., formed from Celsius’ mining assets, filed an S-1 with the SEC on June 29, 2026 to pursue a Nasdaq direct listing under the ticker IOND. The company says it will not raise money in the listing, instead registering up to 10.8 million shares for resale by existing stockholders. As of March 31, 2026, Ionic reported holdings of 2,815.6 BTC worth about $192.1 million, $34.9 million in cash and no debt, and said it stopped selling bitcoin in 2026’s first quarter as it shifted toward AI compute leasing. Its Texas datacenter is backed by a 126-month contract with as much as $2.6 billion tied to added power coming online.
BTC
BTC-1.81%
9h ago
9h ago
Bitcoin’s 52-Week Correlation With USD/JPY Hits -0.90 as Yen Weakness Deepens
Between June 16–17, 2026, the Bank of Japan raised its policy rate by 25 basis points to around 1.00%, the highest since 1995. As of June 23, speculators held a net short of 146,104 yen futures contracts, pointing to a crowded bearish trade. USD/JPY stood at 161.66 on June 26, extending the yen’s weakness. Over the same period, BTC’s 52-week correlation with USD/JPY reached -0.90 on June 30, the strongest negative reading since late 2022, suggesting dollar funding conditions are dominating bitcoin’s short-term moves rather than traditional risk sentiment narratives.
BTC
BTC-1.81%
9h ago
9h ago
SpaceX Leads Tokenized Pre-IPO Perpetuals as May 2026 Volume Jumps 1,059% to $701.44 Million
Trading in tokenized pre-IPO perpetual contracts surged in May 2026, with monthly volume rising 1,059% from $60.51 million in April to $701.44 million. SpaceX-linked pre-IPO perpetuals led the market at $305 million, accounting for 43.5% of the total, according to CoinGecko. The spike came ahead of SpaceX’s Nasdaq listing on June 12, while contracts tied to OpenAI and Anthropic also drew significant activity.
RWA
RWA-1.08%
9h ago
10h ago
US Supreme Court to hear Apple appeal over Epic contempt ruling on external-link App Store commissions
The US Supreme Court agreed to hear Apple’s appeal of a contempt ruling in its Epic Games case, focusing on whether Apple can charge commissions on transactions completed via external links. The dispute stems from a 2021 injunction requiring Apple to let developers steer users to third-party payment options, after which Apple imposed a 27% commission that a judge said violated the order and held Apple in contempt. The Ninth Circuit partly upheld that ruling, allowing Apple to recover “reasonable necessary costs” but leaving the rate to be determined. A decision is expected by June 2027, and the outcome could affect Apple’s global App Store pricing and billions of dollars in services revenue.
10h ago