Musk&#8217;s AI satellite initiative could revolutionize data processing but faces 
significant commercial and operational risks, impacting investor confidence.
The post Elon Musk to unveil detailed AI satellite design in coming weeks 
appeared first on Crypto Briefing.

Musk&#8217;s AI satellite initiative could revolutionize data processing but faces significant commercial and operational risks, impacting investor confidence. The post Elon Musk to unveil detailed AI satellite design in coming weeks appeared first on Crypto Briefing.

Elon Musk to unveil detailed AI satellite design in coming weeks

The US-Iran tensions highlight geopolitical risks impacting global markets, 
with energy price spikes and crypto volatility affecting investors.
The post US military strikes Iranian missile sites in southern Iran, rattling 
crypto markets appeared first on Crypto Briefing.

The US-Iran tensions highlight geopolitical risks impacting global markets, with energy price spikes and crypto volatility affecting investors. The post US military strikes Iranian missile sites in southern Iran, rattling crypto markets appeared first on Crypto Briefing.

US military strikes Iranian missile sites in southern Iran, rattling crypto markets

Strategy currently holds 843,738 BTC valued at around $65 billion, making it 
one of the largest corporate holders of the cryptocurrency in the world. The 
company paid roughly $63 billion to acquire that stash, leaving it sitting on 
about $1.50 billion in unrealized profit. Related Reading: History Shows 
Bitcoin ETF Outflows Favor Accumulation, Says Santiment A Brief Pause, Not A 
Retreat None of that stopped Michael Saylor from announcing something that 
caught the crypto market off guard this week. The executive chairman confirmed 
on X that Strategy bought bonds this week instead of adding to its Bitcoin 
pile, writing that &#8220;the BitVac is charging&#8221; — a phrase suggesting the pause is 
temporary and the buying machine is being readied again. The move comes as 
Strategy works through a plan to repurchase close to $1.5 billion in face 
value of its 0% convertible senior notes due 2029. Reports indicate the 
company expects to pay around $1.38 billion in cash, drawing on existing 
reserves, stock sales through its at-the-market program, and potentially some 
Bitcoin sales to cover the cost. This week we bought bonds, not bitcoin. The 
₿itVac is charging. pic.twitter.com/yUpVNiNTPT — Michael Saylor (@saylor) May 
24, 2026 Debt Reduction And What It Means For Shareholders Retiring that debt 
at a discount has a direct effect on shareholders. Fewer convertible notes 
outstanding means less potential dilution from future share conversions, which 
in turn raises the amount of Bitcoin represented by each share of MSTR stock. 
Strategy&#8217;s last big Bitcoin acquisition saw it pick up 24,869 BTC for roughly 
$2 billion, funded through sales of its STRC perpetual preferred shares and 
MSTR stock. Based on reports, no Bitcoin was sold to fund this week&#8217;s bond 
purchases, leaving the company&#8217;s BTC holdings intact. MSTR Stock Under 
Pressure The announcement did little to calm investors already rattled by 
recent selling from inside the company. MSTR stock finished Friday down 3% at 
$159.89 and has fallen more than 5% over the past week, with reports pointing 
to share sales by CFO Andrew Kang and director Jarrod Patten as part of the 
pressure on the stock. Related Reading: Bitcoin Bull Thesis Goes Big: 39 
Trillion Reasons To Buy, Says Gemini Founder Saylor has long described his 
approach as &#8220;Bitcoin forever,&#8221; and Strategy has raised billions through 
various financial instruments to keep buying. By pulling back on fresh 
purchases this week to clean up its debt picture, Strategy appears to be 
preparing its balance sheet for the next round of accumulation rather than 
stepping away from the trade. Featured image from Unsplash, chart from 
TradingView

Strategy currently holds 843,738 BTC valued at around $65 billion, making it one of the largest corporate holders of the cryptocurrency in the world. The company paid roughly $63 billion to acquire that stash, leaving it sitting on about $1.50 billion in unrealized profit. Related Reading: History Shows Bitcoin ETF Outflows Favor Accumulation, Says Santiment &#8230;

Bitcoin Bull Strategy Chooses Bonds In Unexpected Pivot

The leadership change at Ondo Finance could impact its strategic direction and 
influence the evolving landscape of tokenized finance.
The post ONDO Finance founder Nathan Allman passes away, Ian De Bode named CEO 
appeared first on Crypto Briefing.

The leadership change at Ondo Finance could impact its strategic direction and influence the evolving landscape of tokenized finance. The post ONDO Finance founder Nathan Allman passes away, Ian De Bode named CEO appeared first on Crypto Briefing.

ONDO Finance founder Nathan Allman passes away, Ian De Bode named CEO

A new report from market expert Sam Daodu argues that several large-cap 
cryptocurrencies, including XRP, are still “undervalued” relative to the 
activity and infrastructure building underneath them. In Daodu’s view, the 
altcoin market hasn’t fully recovered from the drawdown that pushed crypto 
into bear territory—an environment where most major tokens have fallen much 
harder than Bitcoin (BTC) and have struggled to regain momentum. The Ethereum 
Puzzle The expert starts with Ethereum (ETH), pointing out an interesting 
disconnect; the price is down, yet the network’s usage remains strong. 
Ethereum is trading about 57% below its August 2025 all-time high of $4,946. 
But he stresses that on-chain fundamentals don’t line up with that level of 
weakness. Related Reading: XRP Channel Pattern Points To $5, Says Korean 
Analyst Ethereum, he says, holds roughly $43 billion in total value locked 
(TVL) across its decentralized finance (DeFi) protocols—more than any other 
blockchain—while also maintaining the largest pool of DeFi capital, the widest 
stablecoin base, and some of the deepest trading infrastructure in the 
ecosystem. Daodu links part of that valuation gap to an upgrade schedule aimed 
at improving performance. He points to Glamsterdam, targeted for mid-2026, as 
a potential catalyst that could address the longstanding complaints that have 
kept ETH below current peaks despite record on-chain activity. CLARITY Act 
Momentum For XRP XRP is another centerpiece of the report, and Daodu’s case is 
built on the idea that the ledger is seeing increased activity even as price 
consolidation continues. He says XRP has spent much of 2026 trading between 
$1.30 and $1.50, sitting around 62% below its July 2025 high of $3.65. While 
that looks like a stagnant range on charts, Daodu argues the XRP Ledger has 
been “busier than ever.” He points to daily transactions hitting 3 million in 
March, driven by new trading pools, stablecoins, and real-world assets (RWAs) 
moving onto the chain. Then came a regulatory turning point. On May 14, the US 
Senate Banking Committee advanced the CLARITY Act in a 15-9 vote. He describes 
the bill as one that would permanently classify XRP as a commodity under 
federal law, with the next step being consideration on the Senate floor. Daodu 
emphasizes that while the joint SEC-CFTC ruling already gave XRP commodity 
status at the agency level, an agency ruling can be reversed by a future 
administration—whereas legislation is harder to undo. That difference, he 
says, is part of why institutions continue accumulating XRP even as the 
token’s price has struggled. He adds that Standard Chartered expects the bill 
could bring an estimated $4 billion to $8 billion into spot XRP ETFs and push 
the token to at least $8. Solana’s ‘Price Vs Fundamentals’ Case Solana’s 
section follows a similar price vs. fundamentals theme. Daodu says SOL peaked 
at $295 in January 2025, then slid nearly 70% to $85. Even with that pressure 
on the chart, he argues the network’s trajectory remains constructive. He 
highlights the March 17, 2026 SEC-CFTC guidance that classified XRP and 
Ethereum as digital commodities, noting that the guidance also covered Solana 
and cleared the security label that had kept large funds cautious. On top of 
that regulatory backdrop, Daodu points to developer growth and usage metrics. 
Solana reportedly added more than 11,500 new developers in the first nine 
months of 2025, second only to Ethereum. Why Chainlink Looks Cheap Chainlink, 
Daodu suggests, may be undervalued precisely because it doesn’t always 
dominate mainstream retail conversations. He says LINK trades around $9.50, 
down 82% from its May 2021 all-time high of $52.99. But he argues that 
Chainlink’s role in the market is far bigger than its spot price reaction. 
Daodu points to Chainlink’s price feeds and its Cross-Chain Interoperability 
Protocol (CCIP), describing how these tools underpin the real-world asset 
(RWA) economy. Related Reading: The Bitcoin Billion-Dollar Dump: Here’s Why 
The BTC Price Keeps Crashing He also points to scale and volume. Daodu says 
Chainlink secures over $75 billion in total value across crypto, and that CCIP 
alone moves around $18 billion in transfer volume every month. Analysts, he 
adds, project the oracle sector could grow tenfold by 2030, and that if the 
prediction holds, Chainlink would be positioned as the backbone of that 
expansion. Featured image created with OpenArt; chart from TradingView.com

A new report from market expert Sam Daodu argues that several large-cap cryptocurrencies, including XRP, are still “undervalued” relative to the activity and infrastructure building underneath them. In Daodu’s view, the altcoin market hasn’t fully recovered from the drawdown that pushed crypto into bear territory—an environment where most major tokens have fallen much harder than &#8230;

XRP, ETH, SOL, LINK Look Cheap—The Catalysts That Could Drive The Next Leg Up

Trump&#8217;s push for broader Middle East normalization with Israel could reshape 
regional alliances, but hinges on resolving Palestinian statehood issues.
The post Trump pushes Saudi Arabia and Qatar to recognize Israel as part of 
Iran deal framework appeared first on Crypto Briefing.

Trump&#8217;s push for broader Middle East normalization with Israel could reshape regional alliances, but hinges on resolving Palestinian statehood issues. The post Trump pushes Saudi Arabia and Qatar to recognize Israel as part of Iran deal framework appeared first on Crypto Briefing.

Elon Musk to unveil detailed AI satellite design in coming weeks

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