Wall Street Tycoon DTCC Sets July Pilot, October Launch For Tokenized Securities Shift

For decades, the Depository Trust & Clearing Corporation (DTCC) has operated as the financial system’s invisible backbone — the institution that processes virtually every securities trade in the United States, sitting between buyer and seller in near-total anonymity. 

On Monday, it stepped into the open with something that Wall Street has been debating for years: a concrete timeline to put real assets on a blockchain. DTCC announced today it will begin live, limited trades of tokenized securities in July 2026, with a full commercial launch of the service set for October. 

The service lives inside its subsidiary, the Depository Trust Company, which currently holds more than…

Read more on BitcoinMagazine

A Currency Intervention – Japan Imploding?

This week, the Bank of Japan wrecked havoc on the foreign exchange market. What’s the Yen Carry Trade, how does an intervention work, and what does it all mean?

Years ago, a massive money printer emerged out of Japan. It was called “The Yen Carry Trade”, and it provided trillions of dollars of capital that would flow into US Treasuries, stocks, and other financial assets.

To deal with the enormous economic pain that Japan was suffering after the 1990 bubble burst, the Bank of Japan took its overnight interest rate to 0.0%, and from 2016-2024, even negative.

Japanese overnight interest rate, 1990-present

Remember, the central bank’s overnight interest rate is the price of money. In…

Read more on Benzinga

Elizabeth Warren Rings ‘Flashing Red Light’ Alert Over Iranian Cryptocurrency Exchange

Iran’s largest cryptocurrency exchange, Nobitex, is facing increased scrutiny from regulators and policymakers after continuing operations during wartime, raising concerns about its role in global financial flows.

A Key Channel Beyond Sanctions

Nobitex is widely seen as a central component of Iran’s parallel financial system, enabling users to access global markets despite Western sanctions.

The platform reportedly handles about 70% of the country’s crypto activity and claims to serve roughly 11 million users.

Analysts say the exchange provides a bridge between domestic users and international crypto markets, helping individuals navigate inflation and limited access to traditional banking…

Read more on Benzinga

Bitcoin’s $80K Rally: ETFs Leading or Just Catching Up? – iShares Bitcoin Trust (NASDAQ:IBIT)

Bitcoin’s climb back above $80,000 may look like a clean breakout, but the broader market signals suggest a more complicated story brewing beneath the surface.

While fresh inflows into spot Bitcoin ETFs have helped fuel the latest move, recent market data shows that institutional demand hasn’t been consistently bullish. In fact, Bitcoin lagged equities for much of 2026, with BTC-USD down almost 11% this year so far, as against S&P 500’s 5% gains.

The cryptocurrency even saw periods of ETF outflows in the past couple of weeks, according to data from Farside Investors, despite strong “risk-on” sentiment in stocks, highlighting a disconnect between crypto and traditional markets.

That…

Read more on Benzinga

Strategy (MSTR) Pauses Bitcoin Buys Ahead Of Earnings

Strategy halted its bitcoin buying streak days before earnings, a pause that underscores how much the company now revolves around capital markets rather than software.

Chairman Michael Saylor said Sunday the firm would skip purchases this week and resume next week, marking only the second break this year in what has become a steady accumulation program.

The timing places the decision ahead of Tuesday’s first-quarter report, where analysts expect revenue growth alongside another loss tied to bitcoin accounting and financing costs. Estimates point to revenue near $125 million, up from $111.1 million a year earlier, with a projected per-share loss that varies widely across…

Read more on BitcoinMagazine

Coinbase Does A 180, Now Backs CLARITY Act: What Changed? – Coinbase Global (NASDAQ:COIN)

Coinbase (NASDAQ:COIN) is backing a Senate compromise on stablecoin rewards that could revive the CLARITY Act after months of stalemate.

The Stablecoin Rewards Compromise

The new language bans rewards on stablecoins if they are “economically or functionally equivalent” to bank deposits while preserving incentives tied to actual crypto platform activity.

The Treasury Department and CFTC would issue a rulemaking to determine that equivalency standard. 

The rulemaking would address specifics of what crypto companies’ rewards and staking programs need to include to pass the threshold.

This provision addresses one of the main issues that stalled the bill in the Senate: whether crypto firms…

Read more on Benzinga

Stock Market Today: Dow Futures Tumble, S&P 500 Rises After Trump’s ‘Project Freedom’ To Escort Stranded

U.S. stock futures were mixed on Monday, following Friday’s divergence between the Dow Jones and other benchmark indices.

Crude oil futures were higher as traders are also likely to evaluate OPEC+’s decision to raise oil output by 188,000 barrels per day, announced at its first meeting following the exit of key member the United Arab Emirates (UAE).

Meanwhile, the 10-year Treasury bond yielded 4.37%, and the two-year bond was at 3.88%. The CME Group’s FedWatch tool‘s projections show markets pricing a 94.8% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.

IndexPerformance (+/-)Dow Jones-0.22%S&P 5000.07%Nasdaq 1000.25%Russell… Read more on Benzinga

Michael Saylor’s Strategy Set To Report Q1 Earnings—Analyst Estimates, Price Targets And Technical Signal

Strategy Inc. (NASDAQ:MSTR) is set to report financials for the first quarter after the market close on Tuesday. Here’s what you need to know before the announcement.

Strategy To Report Loss?

Analysts estimate the Bitcoin (CRYPTO: BTC) treasury company to report a loss of $15.87 per share, a marked reversal from a profit of $16.36 per share in the previous quarter.

The company is forecast to announce quarterly revenue of $124.97 million, representing a 12.5% year-over-year increase.

The MSTR stock has a consensus price target of $401.06 from 19 analysts, with the highest forecast of $705 issued by Benchmark in August last year. The latest rating by Cantor Fitzgerald raised…

Read more on Benzinga

Exodus Bets Self‑Custody Can Power Everyday Life

On stage, co-founder and CEO JP Richardson opened by talking about the company’s derailment at the New York Stock Exchange in May 2024, when Exodus flew 130 employees, friends, and family to Manhattan only to learn the night before that regulators had pulled its listing. 

He described the reversal as a rule change at “the 11th hour” that left a room of supporters stunned and forced the company back into private status despite having, in his telling, followed the playbook. 

That episode ended months later after the U.S. election, when Exodus finally listed on NYSE American in January with the same team, ticker, and business, but under a new administration more open to…

Read more on BitcoinMagazine

Strategy (MSTR) Pops 9% As Bitcoin Price Gets Back To $78k

Shares of Strategy (NASDAQ: MSTR) surged roughly 9% on Friday as Bitcoin clawed back to the $78,000 level.

This movement comes just days after Executive Chairman Michael Saylor delivered a headline-grabbing keynote at the Bitcoin 2026 conference in Las Vegas.

MSTR climbed above $180 per share during Friday’s session, building on a prior close near $165. The move tracked Bitcoin’s intraday advance, which pushed BTC to $78,961 as of Friday afternoon, according to Bitcoin Magazine Pro data.

The rally is building up a welcome reprieve for MSTR investors who have endured a brutal stretch — the stock remains down more than 70% from its November 2024 all-time high above… Read more on BitcoinMagazine