Robinhood&#8217;s acquisition of WonderFi enhances its global reach, potentially 
reshaping Canada&#8217;s crypto market with increased accessibility and innovation.
The post Robinhood completes WonderFi acquisition to bring low-fee crypto 
trading to Canada appeared first on Crypto Briefing.

Robinhood&#8217;s acquisition of WonderFi enhances its global reach, potentially reshaping Canada&#8217;s crypto market with increased accessibility and innovation. The post Robinhood completes WonderFi acquisition to bring low-fee crypto trading to Canada appeared first on Crypto Briefing.

Robinhood completes WonderFi acquisition to bring low-fee crypto trading to Canada

Telegram founder Pavel Durov says it is “returning to our roots — and starting 
a new chapter” by rebranding Toncoin to Gram.

Telegram founder Pavel Durov says it is “returning to our roots — and starting a new chapter” by rebranding Toncoin to Gram.

TON jumps 15% as The Open Network plans rebrand to Gram

Strategy sold a small portion of its Bitcoin holdings last week, marking the 
company’s first disclosed BTC sale since its December 2022 tax-loss harvesting 
transaction. The sale is notable less for its size than for what it signals: 
Strategy is now willing to use a sliver of its Bitcoin stack to service the 
preferred equity structure it has built around its balance sheet. According to 
a Form 8-K filed with the US Securities and Exchange Commission, Strategy sold 
32 BTC between May 26 and May 31 for roughly $2.5 million. The average sale 
price was $77,135 per bitcoin, net of fees and expenses. The company said 
proceeds from the sale are expected to be used to fund distributions on 
preferred stock. Why Did Strategy Sell Bitcoin? The transaction is the first 
Bitcoin sale disclosed by Strategy since December 2022, when the company sold 
704 BTC for tax-loss harvesting purposes before buying back more bitcoin two 
days later. That earlier sale was widely framed as a tax maneuver rather than 
a strategic reduction in exposure. The new sale is different in character: it 
appears tied to preferred stock obligations rather than portfolio tax 
management. Related Reading: Bitcoin Short-Term Holders Move 107,760 BTC In A 
Single Day — Details Strategy’s Bitcoin position remains enormous. As of May 
31, the company held 843,706 BTC acquired for an aggregate purchase price of 
$63.87 billion, implying an average purchase price of $75,699 per bitcoin. 
Against that position, the 32 BTC sale represents a negligible reduction in 
headline holdings, but it still breaks a long-running pattern in which 
Strategy’s Bitcoin disclosures were almost exclusively about accumulation. The 
filing also shows that Strategy continued using its capital markets machinery 
during the same period. Between May 26 and May 31, the company sold 801,994 
shares of MSTR common stock under its at-the-market program, generating $128.3 
million in net proceeds. As of May 31, Strategy listed $26.137 billion of 
remaining available issuance capacity for MSTR stock, alongside remaining 
preferred stock issuance capacity of $1.619 billion for STRF, $17.511 billion 
for STRC, $2.1 billion for STRK and $4.015 billion for STRD. The Bitcoin sale 
lands against the backdrop of recent comments from Executive Chairman Michael 
Saylor and CEO Phong Le, who have both signaled in recent weeks that Strategy 
could sell BTC under certain circumstances. Saylor, however, has also 
emphasized that the company expects to buy more bitcoin than it sells, keeping 
the market focused on whether any isolated sale is offset by larger 
accumulation. Related Reading: Bitcoin Trend That Has Held For 15 Years Shows 
When To Expect The Bottom And When $400,000 Will Happen That question remains 
open for the latest reporting period. On May 31, Saylor posted on X: “Working 
₿etter.” The phrase appeared to tease another purchase, consistent with his 
usual cadence before formal Strategy updates. But no corresponding buy 
announcement had been made public at press time, leaving investors to wait for 
confirmation on whether the company bought more BTC than it sold during the 
period. Strategy also disclosed that its US dollar reserve stood at $900 
million as of May 31. The reserve, announced in December 2025, is a 
management-designated liquidity pool intended to support dividends on 
preferred stock and interest payments on outstanding debt. That reserve 
matters because it sits at the center of the company’s newer capital 
structure: Strategy has layered preferred equity, common stock issuance and 
Bitcoin holdings into a balance-sheet model that depends on continued access 
to liquidity. The company’s board declared cash dividends payable on June 30 
to holders of record as of June 15. The declared payments include $2.50 per 
share for STRF, $0.958333333 per share for STRC, €2.50 per share for STRE, 
$2.00 per share for STRK and $2.50 per share for STRD. Strategy also said the 
regular dividend rate on its variable-rate Series A Perpetual Stretch 
Preferred Stock, STRC, would remain at 11.50% per annum for monthly periods 
beginning on or after June 1. At press time, BTC traded at $71,637. Featured 
image created with DALL.E, chart from TradingView.com

Strategy sold a small portion of its Bitcoin holdings last week, marking the company’s first disclosed BTC sale since its December 2022 tax-loss harvesting transaction. The sale is notable less for its size than for what it signals: Strategy is now willing to use a sliver of its Bitcoin stack to service the preferred equity &#8230;

Strategy Sells Bitcoin For First Time Since 2022 Tax-Loss Trade

Citi expects tokenized securities and real-world assets to grow from about $17 
billion today to $5.5 trillion by 2030. The bank says Treasury bills, digital 
stocks, and stablecoins could become the main drivers of Wall Street’s move 
onchain. Citi Highlights Stablecoins, Treasuries and Stocks as Tokenization 
Leaders Citi expects the market for tokenized securities to […]

Citi expects tokenized securities and real-world assets to grow from about $17 billion today to $5.5 trillion by 2030. The bank says Treasury bills, digital stocks, and stablecoins could become the main drivers of Wall Street’s move onchain. Citi Highlights Stablecoins, Treasuries and Stocks as Tokenization Leaders Citi expects the market for tokenized securities to &#8230;

Citi Projects $5.5T Tokenized Market by 2030 as Wall Street Moves Onchain

Solana failed to settle above $84 and trimmed most gains. SOL price is now 
consolidating losses above $78 and might continue to move down. SOL price 
started a fresh decline below $82 and $81.20 against the US Dollar. The price 
is now trading below $81.20 and the 100-hourly simple moving average. There is 
a bearish trend line forming with resistance at $82.00 on the hourly chart of 
the SOL/USD pair (data source from Kraken). The price could start a recovery 
wave if the bulls defend $78.80 or $78.00. Solana Price Dips From $84 Solana 
price failed to remain stable above $83.20 and started a fresh decline, like 
Bitcoin and Ethereum. SOL declined below the $82 and $81.50 levels. The bears 
even pushed the price toward $80. A low was formed at $79.01, and the price is 
now consolidating losses. There was a break above the 38.2% Fib retracement 
level of the downward move from the $83.26 swing high to the $79.01 low. 
Solana is now trading below $81.20 and the 100-hourly simple moving average. 
On the upside, immediate resistance is near the $81.10 level or the 50% Fib 
retracement level of the downward move from the $83.26 swing high to the 
$79.01 low. The next major resistance is near the $82.00 level. The main 
resistance could be $82.80. A successful close above the $82.80 resistance 
zone could set the pace for another steady increase. The next key resistance 
is $84.50. Any more gains might send the price toward the $85 level. More 
Losses In SOL? If SOL fails to rise above the $82.00 resistance, it could 
continue to move down. Initial support on the downside is near the $79 zone. 
The first major support is near the $78.00 level. A break below the $78.00 
level might send the price toward the $75 support zone. If there is a close 
below the $75 support, the price could decline toward the $70 support in the 
near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining 
pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI 
for SOL/USD is below the 50 level. Major Support Levels – $79.00 and $78.00. 
Major Resistance Levels – $81.20 and $82.00.

Solana failed to settle above $84 and trimmed most gains. SOL price is now consolidating losses above $78 and might continue to move down. SOL price started a fresh decline below $82 and $81.20 against the US Dollar. The price is now trading below $81.20 and the 100-hourly simple moving average. There is a bearish &#8230;

Solana (SOL) Risks Slipping Deeper Into The Red As Momentum Fades

Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million 
Ether tokens and is about 90% of the way to its target after its latest 
purchase.

Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million Ether tokens and is about 90% of the way to its target after its latest purchase.

Robinhood completes WonderFi acquisition to bring low-fee crypto trading to Canada

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