BlackRock transfers 6005.46 BTC to Coinbase

[Long short battle upgrades, BTC testing largest chip band in nearly two years] Dense chip zone tested—Will volatility follow?

According to a social media post by the US European Command on the 3rd, US Department of Defense officials have informed allies that they will adjust the US contribution to the NATO force model based on the 2026 National Defense Strategy and the "NATO 3.0" vision.

[Kraken to Open U.S. Stock IPO Subscription Channel at Issue Price] According to The Block, Kraken's parent company Payward announced that in the coming weeks, it will open a subscription channel for U.S. listed company IPOs at issue price through the xStocks framework for Kraken users and users of select partner platforms. Users can submit non-binding subscription intentions, which Payward will aggregate and coordinate with the underwriting syndicate to allocate tokenized stock shares at the issue price on the listing day. The related stock tokens are backed 1:1 by underlying stocks held by a regulated entity and can circulate on chains such as Ethereum, Solana, and TON. Payward plans to expand into more markets and add more xStocks Alliance partners.

According to a post on the X platform by BitcoinTreasures.NET, Michael Saylor's Strategy has fallen out of the top 200 US companies in terms of market value, with a current market value of $47.9 billion, and its Bitcoin holdings have incurred losses exceeding $7.31 billion.

Global payment networks Stripe, Visa, and Mastercard are close to launching a new stablecoin platform. According to informed sources, the US cryptocurrency exchange Binance is studying the possibility of participation. Coinbase, Stripe, and Visa declined to comment, and Mastercard did not respond to requests for comment. In addition, Coinbase's revenue sharing agreement with Circle Internet will expire and renew in August this year, with a current USDC market value of $76 billion. （CoinDesk）