Coinbase’s Base mainnet stopped producing new blocks for nearly two hours on June 25, 2026 after an invalid block froze the network’s sequencer. Engineers first flagged unhealthy block production at 16:03 UTC and traced the issue to block #47,806,542 by 16:52 UTC. Sequencing resumed at 17:51 UTC and blockbuilding was confirmed healthy at 17:58 UTC, according to Base’s incident update.

Vinny Lingham, co-founder of Praxos Capital, said Strategy’s financial structure is coming apart in a way he says he forecast 18 months ago. Speaking with Unchained host Laura Shin, Lingham said the company could be nearing a point where any available move worsens its position. He pointed to layers of debt and preferred securities as leaving limited room to maneuver.

Bitcoin slid to its lowest level of 2026 on Thursday, touching $58,035 on Bitstamp at 9:55 a.m. Eastern time. Over the past 24 hours, $40 billion has been erased from total crypto market capitalization, pushing it close to falling below the $2 trillion mark. The move underscored broad risk-off sentiment across digital assets.

Bitcoin is down 40% over the last year and traded between $62,171 and $65,994 over the past week. In a periodic prediction experiment, 14 AI chatbots were asked to assess that limited market context and provide 30-day, 90-day and year-end price ranges. The forecasts skewed cautious, with several models emphasizing support near $61,000 alongside ETF, corporate flow and macro factors.

U.S. markets diverged on Wednesday as falling oil prices eased inflation worries, while pressure on technology shares, crypto assets and precious metals kept risk sentiment in focus. By midday June 24, the Dow Jones Industrial Average was trading near 51,828, up about 163 points. The S&P 500 slipped 0.11% to roughly 7,357 amid continued weakness in growth-sensitive assets.

Bitcoin fell below the $60,000 level on Wednesday and hit an intraday low of $59,500, leaving Strategy’s 847,363 BTC position $12. 55 billion underwater. The company’s MSTR shares have also weakened, down 78. 37% since July 16, 2025. Strategy’s preferred stock, STRC, is trading at a wider discount as investors seek higher yield for the risk.

Traders on prediction market Kalshi are pricing just a 19% to 22% chance that bitcoin crosses $100,000 before January 2027, with more than $10 million wagered on timing contracts tied to the CF Bitcoin Real-Time Index. Bitcoin was trading near $64,600 as of Monday, June 22, 2026. The contracts imply the market expects bitcoin to remain below the $100,000 level through 2026.

Strive, Inc. added 759 bitcoin to its balance sheet last week as it pushes a debt-free treasury strategy that makes BTC its central reserve asset and performance benchmark. The Nasdaq-listed company, which trades as ASST, said it bought the bitcoin between June 15 and June 21. It paid an average price of roughly $65,850 per BTC, including fees and expenses.

Intercontinental Exchange (ICE), the New York Stock Exchange’s parent, and crypto platform OKX announced a 50-50 joint venture to link OKX’s 120 million global users with U.S.-regulated futures markets and tokenized equities. The companies said Monday the venture is intended to provide infrastructure for tokenized and digitally native financial products. The planned entity is expected to seek U.S. broker-dealer and futures commission merchant registration, subject to regulatory approvals.