Approximately 80% of Strategy (MSTR) Stretch (STRC) perpetual preferred shares are held by crypto retail investors, Strategy CEO Phong Le disclosed Wednesday via social media, a figure that places mom-and-pop capital at the center of the company’s primary Bitcoin acquisition funding vehicle. The instrument has already generated over $1.2 billion in Bitcoin purchases in 2026 alone. That retail concentration is not merely a demographic footnote. It ties STRC’s capital raise capacity directly to retail sentiment toward Bitcoin — meaning a sustained correction in BTC price can impair Strategy’s ability to…
Category: Reviews
Lawmaker Presses Kansas City Fed Over Kraken
U.S. Representative Maxine Waters (D-CA), the ranking Democrat on the House Financial Services Committee, has formally demanded that the Federal Reserve Bank of Kansas City explain its legal basis for approving a Federal Reserve master account for Payward Financial, the entity doing business as Kraken Financial, marking the first time a crypto exchange has secured direct access to the Fed’s core payment infrastructure. In a letter transmitted Thursday to Kansas City Fed President Jeff Schmid, Waters requested a written response by April 10, citing transparency deficiencies and the absence of…
ONDO Crypto Surges with Franklin Templeton Partnership
Ondo crypto is trading against the grain. While broad crypto markets bleed, ONDO is posting a notable intraday gain, up roughly +5% on the day, trading at $0.262, while most altcoins are dropping heavily. The catalyst appears institutional, and the timing is deliberate. A freshly announced partnership with Franklin Templeton has injected rare narrative momentum into a token that, technically speaking, still has a long road to recovery. Ondo Finance and Franklin Templeton have confirmed a collaboration to tokenize five of Franklin Templeton’s exchange-traded funds on the Ondo Global Markets…
ARK Invest Integrates Kalshi Prediction Market Data Into Investments
ARK Invest has announced it will incorporate Kalshi prediction market data into its investment process, using real-time probability signals to inform macroeconomic research, monitor performance indicators, and support risk management and hedging strategies. The move positions ARK among a small but growing cohort of institutional managers treating event contract markets as a legitimate alternative data source rather than a speculative sideshow. ARK founder and CEO Cathie Wood framed the adoption as a logical institutional step. “Bringing prediction markets into institutional workflows is a natural next step for innovation in financial…
Filing Dispels $368M Sell-Off Rumor
GameStop (GME) has confirmed it retained all 4,710 Bitcoin in its treasury, valued at approximately $368.4 million as of January 31, 2026, ending two months of sell-off speculation triggered by an onchain transfer to Coinbase Prime. The disclosure, contained in the company’s 10-K annual report filed Tuesday with the Securities and Exchange Commission, formally closes the overhang that had shadowed GME’s Bitcoin position since January. The confirmation removes 4,710 BTC from the pool of coins the market had priced as potential sell-side supply — a distinction that carries structural weight…
Ethereum Price Drops Near $2,020, Downside Pressure Continues to Build
Ethereum price failed to clear the $2,200 zone and declined. ETH is now consolidating above $2,020 and might struggle to start a recovery wave. Ethereum started a fresh decline from the $2,200 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,135 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,120 resistance. Ethereum Price Dips Further Ethereum price failed to stay…
US Congressman to Ban Staff From Trading on Prediction Markets
A sitting member of Congress has introduced legislation to prohibit congressional staff from trading on prediction markets platforms, extending a wave of bipartisan legislative activity that has produced at least six distinct bills since January 2026 targeting the sector’s intersection with insider information. The move reflects growing institutional discomfort with a market structure that, by design, prices political outcomes—and therefore creates direct financial incentives for those with privileged access to government decision-making to trade on it. We suspect this latest proposal is less about prediction markets as a financial instrument…
Nvidia Faces Class Action Over Alleged Crypto Mining Revenue Disclosure Gaps
A class action lawsuit revived in the U.S. District Court for the Northern District of California is targeting Nvidia Corporation over allegations that the chipmaker systematically misclassified and obscured graphics processing unit (GPU) revenue derived from crypto mining, misrepresenting the composition of its gaming segment to investors during one of the most volatile periods in digital asset markets. The complaint, operating under the case originally styled In re NVIDIA Corp. Securities Litigation (Case No. 21-cv-02899), alleges violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5…
Circle Unfreezes One Blacklisted Crypto Wallet Following Backlash
Circle, the issuer of USD Crypto Coin (USDC), has reversed the blacklisting of one wallet among sixteen addresses it froze late Monday, March 23, following sharp public criticism from on-chain investigators and industry advocacy groups who characterized the original action as overbroad and potentially damaging to unrelated businesses. The reversal came within days of the freeze, an unusually rapid turnaround for a stablecoin issuer whose compliance decisions typically track sealed legal proceedings that unfold over months. The episode exposes a structural tension that USDC holders — particularly those in decentralized…
Coinbase Again Declines to Support Updated Clarity Act Draft
Coinbase has again declined to endorse the updated draft of the Digital Asset Market Clarity Act (CLARITY Act), the House-passed legislation designed to partition regulatory authority over digital assets between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The exchange’s continued opposition, most recently articulated by Chief Executive Brian Armstrong on X, comes as Senate negotiators attempt to reconcile a 278-page Banking Committee draft with competing industry priorities and White House timelines. The refusal marks the second time Coinbase has withheld institutional support from a…