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CoinDesk - 2026-06-16

7 items collected.


1. Here is why Strategy's dividend-paying crypto stock is crashing to near-historic lows

Author: James Van Straten
Published: 6/16/2026, 9:54:49 PM
Categories: Markets, Bitcoin News, News

Strategy's bitcoin-backed preferred stock remains well below par value as concerns over dividend coverage and stronger competition from Strive's SATA.

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2. Bitcoin miners' AI pivot faces $50 billion reality check, says VanEck

Author: Helene Braun,AI Boost
Published: 6/16/2026, 8:58:18 PM
Categories: Markets, Bitcoin Mining, News

VanEck says investors are shifting focus from contract announcements to execution risk as miners chase AI revenue.

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3. U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process

Author: Jesse Hamilton
Published: 6/16/2026, 8:36:09 PM
Categories: Policy, Stablecoins, Regulation, News

Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability to supervise stablecoins.

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Author: Krisztian Sandor
Published: 6/16/2026, 8:20:35 PM
Categories: Markets, Markets, DeFi, Hyperliquid, News

A handful of tokens continued their run while bitcoin and the rest of the crypto market stalled after the early week bounce.

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5. Coinbase introduces AI adviser, stock options, and pre-IPO markets in finance push

Author: Helene Braun
Published: 6/16/2026, 7:00:00 PM
Categories: Finance, Coinbase, News

The crypto exchange is expanding into investing, derivatives and banking services as it pursues an all-in-one financial platform.

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6. Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Africa

Author: Krisztian Sandor
Published: 6/16/2026, 3:35:40 PM
Categories: Finance, Ripple, Stablecoins, News

The deal values Flutterwave at $3.2 billion, and will integrate Ripple's RLUSD and the XRP Ledger network to speed cross-border payments across Africa.

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7. Coinbase to join tokenized stock race with onchain shares, dividend payments

Author: Helene Braun,AI Boost
Published: 6/16/2026, 3:03:21 PM
Categories: Finance, Coinbase, Tokenization, News

The crypto exchange said investors will own the shares and receive dividends, underscoring growing momentum behind tokenized securities.

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