① Ripple CEO Says Strategy’s STRC Discount Is a Damned Indictment

Ripple CEO Brad Garlinghouse criticized Strategy’s debt and preferred stock bitcoin accumulation model in an interview with CNBC, arguing that the value of cryptocurrency should come from utility rather than capital market engineering. Garlinghouse said, “Financial engineering cannot drive long-term value.”

② Bitcoin Tests 200-Week SMA, Ali Martinez Marks Long-Term Accumulation Zone
Bitcoin’s trading price is below its 200-week simple moving average, bringing Bitcoin back near one of the most closely watched long-term trend lines in the market following the latest sell-off. Ali Martinez marked the 200-week SMA setup, placing the long-term average near $63,500, while Bitcoin is trading slightly below that.

③ Ethereum Posts First Three-Quarter Loss
Ethereum is on track to end three consecutive red quarters for the first time in its history, turning ETH’s latest sell-off into a longer structural decline rather than a short-lived correction. Quarterly return data related to CoinGlass shows that ETH fell 28.28% in Q4 2025 and 29.26% in Q1 2026. Remaining for Q2 2026…

④ Bitcoin Posts Worst ETF Week on Record
Bitcoin ETFs have not yet recovered from sustained weekly outflows, and they have just experienced their largest outflow since their launch in January 2024.

⑤ Coinbase’s Base Blockchain Stalls Twice in 48 Hours, Raising Stability Concerns
Base block production stopped at 15:33 UTC. The blockchain built by Coinbase was frozen for 38 minutes before the team…

⑥ Cathie Wood Snaps Up $25 Million in Shares of Coinbase, SpaceX, and Circle
Cathie Wood’s ARK Invest purchased shares worth approximately $25.54 million across several of its exchange-traded funds on Friday, expanding its positions in Coinbase, SpaceX, Circle, Bullish, and Robinhood. According to ARK Invest’s latest daily trading disclosures, Coinbase…

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