Analysis Archive – Page 58

Solmate Shares Drop 98% After Its $300M Solana Treasury Pivot
Cathie Wood-backed Solmate has lost more than 98% of its value since a $300M Solana treasury pivot, and a RockawayX-linked investor is now suing the board.

ZachXBT Flags AscendEX Over Possible Withdrawal Delays
On-chain investigator ZachXBT warned that AscendEX may be delaying user withdrawals over liquidity issues, a familiar early signal of exchange stress.

Story Protocol Rebrands to DATA Foundation in a Pivot to AI Training Data
Story Protocol has rebranded as DATA Foundation, moving from IP infrastructure to AI training data with a new Trace registry and a 1:1 IP-to-DATA token swap.

Long-Term Holders Now Sit on a Record 79% of Bitcoin's Supply
A record 79% of Bitcoin's circulating supply is now held by long-term holders, even as BTC slid to $58,420 and Fear & Greed hit 14 on June 26, 2026.

Tether's USDT Overtakes Ethereum by Market Cap
USDT's market cap edged past Ethereum's on June 26, 2026, at $186.06B versus $185.66B, as an ETH selloff pushed the stablecoin into the number two slot.

BitGo Cuts Nearly 15% of Staff to Refocus on Custody and Stablecoins
BitGo CEO Mike Belshe announced a nearly 15% workforce reduction, redirecting the custodian toward security, trading, stablecoins and AI infrastructure.

Russia Clears Crypto for Foreign Trade, But Cash-Out Stays Walled Off
Russia's experimental legal regime lets selected exporters settle foreign trade in Bitcoin and stablecoins, yet sanctions compliance still ringfences every cash-out route abroad.

Oobit Adds New York and Bolivia, Plugs Into Brazil's PIX Rail
Oobit's June recap names New York and Bolivia as newly live markets and confirms a PIX integration, widening its tap-to-pay card footprint across the Americas.

Invesco Files for a Tokenized Fund Aimed at Stablecoin Reserves
Invesco, a roughly $1.8 trillion asset manager, has filed for a tokenized fund built to sit behind stablecoin reserves, following BlackRock and Franklin Templeton on-chain.

Solana Hits $1B in Weekly Tokenized Stock Trading, Led by SpaceX Shares
Tokenized equity trading on Solana crossed $1B in a single week, with SpaceX's SPCX token leading demand for hard-to-access stocks. Custody and redemption questions stay open.
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