Strategy bought 1,665 BTC for $142.7M, bringing total holdings to 847,666 BTC at a $63.95B acquisition cost. Treasury company Strategy added 1,665 bitcoin to its treasury while continuing a major capital management program around its preferred shares. The company spent $142.7 million on the latest BTC purchase and repurchased $151.7...
Tether Helps Freeze Nearly $550M in Iran-Linked USDT in 2026
Tether says it helped U.S. authorities freeze nearly $550 million in Iran-linked USDT during 2026. The stablecoin issuer Tether said the frozen funds involved Iran’s Central Bank and sanctions networks. Moreover, the actions were based on information from U.S. law enforcement and sanctions authorities. Tether Freezes More Than $474M Through...
Citi Partners With Coinbase to Bring Stablecoin Payments to Corporates
Citi clients can accept stablecoins through Spring by Citi without managing digital assets. Coinbase converts stablecoin payments into fiat before Citi settles proceeds for merchants. Coinbase Virtual Accounts use Citi banking rails to connect fiat and stablecoin payments. Citi and Coinbase are expanding their partnership to help corporate clients accept...
Shiba Inu Drops Below Support As The Burn Rate Barely Moves
Shiba Inu fell 4.8% Monday after sweeping a July high and breaking structure, while its burn rate and Shibarium activity stayed close to flat. Shiba Inu spent Sunday chasing a price it had not touched since early August. By Monday morning it had given the whole move back and then...