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Tuesday2026/0609
05-26

Bitmine Cleared for Russell 1000 Inclusion with Market Cap Over $8.5B

A crypto miner just cleared the velvet rope into one of the most exclusive clubs in American equities. Bitmine Immersion Technologies (NYSE: BMNR) appeared on FTSE Russell’s preliminary inclusion list for the Russell 1000 index, published on May 23, 2026, making it eligible for a spot among the larg...

Strategy Cuts $1.5B in Convertible Debt, Pauses Bitcoin Purchases

Strategy reduced convertible debt to $6.7 billion after repurchasing $1.5 billion of 2029 notes.Strategy held 843,738 BTC after pausing additional weekly Bitcoin purchases in late May.Strategy’s 2026 BTC Yield reached 13.3%, with BTC Gain rising to 89,378 Bitcoin.Strategy used the second half of May...

OpenRouter Completes $113M Series B Funding, Valuation Exceeds $1 Billion

According to The New York Times, the AI model aggregation platform OpenRouter has completed a $1.13 billion Series B funding round led by CapitalG, with participation from a16z, Menlo Ventures, NVentures, and companies including ServiceNow, MongoDB, Snowflake, and Databricks. The company is now valu...

Digital Chamber Defends OCC's Trust Charters for Coinbase, Ripple Amid Warren's Claims

The Chamber of Digital Commerce fired back at Senator Elizabeth Warren on Tuesday, sending a letter to OCC Comptroller Jonathan Gould urging the agency to stand behind its recent national trust bank charter approvals for crypto firms. Warren had accused the OCC of improperly granting at least nine c...

Umbra Partners with Streamflow to Enable Private Token Vesting on Solana

Umbra has partnered with Streamflow to bring private token vesting and distribution to Solana, giving projects a way to send vested tokens without exposing transfer details onchain.The integration uses Umbra’s privacy layer and Arcium’s encrypted execution engine to let Streamflow clients distribute...

US to Cut Military Assets for NATO, Spiegel Reports

The United States is planning sweeping cuts to the military assets it makes available to NATO for crisis scenarios, according to a report from German outlet Der Spiegel published on May 26. The reductions touch nearly every category of conventional military hardware, from fighter jets to submarines,...

Coinbase Launches AI Payment Integration Tool for Base Network

CoinDesk reports:Coinbase has announced the launch of Base MCP, enabling Base network users to access AI services such as Claude and Cursor, and execute on-chain operations like trading and lending via an agent. This tool builds on Coinbase’s recent efforts with Stripe to advance AI-powered payment ...

Human Archive Raises $8.2M to Build Robot Training Data from Real-World Service Jobs

CoinDesk reports:The Silicon Valley startup Human Archive has raised $8.2 million to gather real-world data for training robots by leveraging India’s rapidly expanding local service industry. The company says it has deployed over 1,000 head-mounted devices at multiple locations to capture first-pers...

Netherlands Blocks U.S. IT Firm Kyndryl's Acquisition of Cloud Provider Solvinity

CoinDesk reports:The Dutch government has prohibited U.S. IT company Kyndryl from acquiring local cloud provider Solvinity, as the transaction was deemed to pose potential risks to public interest and data sovereignty, given that Solvinity hosts the Netherlands' online identity platform, DigiD.The t...

Coinbase and Armstrong Back $85M Crypto-Friendly Political Fund

CoinMarketCap reports:The U.S. crypto industry is directing more resources toward elections and legislative efforts in Washington. The pro-crypto super PAC Fairshake has raised approximately $85 million, with Coinbase contributing $24.5 million and CEO Brian Armstrong donating an additional $1 milli...

Huang Licheng reduced his ETH long position; current floating loss is $92,000.

According to HyperInsight monitoring, Huang Licheng, known as "Maji Dage," has been continuously reducing his long positions in ETH over the past hour. He is currently holding a 5,500 ETH long position (approximately $11.5 million) with 25x leverage, at an average entry price of $2,108.16, resulting...

RealFi and Shopify Partner to Develop an XRPL-Based E-Commerce Payment and Rewards Solution

CoinDesk reports:RealFi is collaborating with Shopify to develop a payment and rewards application built on the XRP Ledger for e-commerce merchants. According to the disclosure, this tool will integrate directly into the Shopify ecosystem, targeting its global base of approximately 5.5 million merch...

ARK Invest Raises Bitcoin Price Target to $1.25 Million Amid Outlook for Institutional Adoption

CoinDesk reports:ARK Invest CEO Cathie Wood has once again raised her long-term price target for Bitcoin. In her latest interview, she stated that ARK’s current base case five-year target price is $750,000, with an optimistic case at $1.25 million. She believes that institutional allocation to Bitco...

Canaan Q1 Revenue Falls to $62.7M Amid Bitcoin Treasury Expansion

Canaan reported quarterly revenue falling from $196.3 million to $62.7 million recently.Canaan increased Bitcoin and Ethereum treasury reserves despite mounting operational losses recently.Canaan stock increasingly reflects crypto treasury exposure instead of mining hardware performance.Canaan repor...

Stable Launches StableEarn Vault for USDT Yield via Theo and Morpho

Stable, the USDT-native blockchain, went live this week with StableEarn, a treasury management product that routes USDT deposits into institutional-grade yield through a Morpho vault backed by Theo’s real-world asset suite.Key Takeaways:Stable launched StableEarn on May 26, with the first Morpho v...

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