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Bitcoin’s bear market struggle is killing crypto jobs but fueling a $10 billion Wall Street-backed M&A boom

Bitcoin’s prolonged decline is forcing cryptocurrency companies to cut staff, automate more work, and abandon the expansion plans that defined the last bull market. At the same time, it is also creating one of the industry’s busiest periods for takeovers. Crypto mergers and acquisitions reached $7.23 billion during the second quarter of 2026, up from […]

CryptoSlateCryptoSlateOluwapelumi Adejumo25 Jun

Saylor’s STRC Bitcoin machine is turning shareholders into its cash backstop – causing a dilution trade-off

Strategy (formerly known as MicroStrategy) is discovering that strengthening one part of its increasingly complex balance sheet can expose weaknesses elsewhere. The Bitcoin treasury company spent $1.5 billion in May repurchasing convertible notes, reducing its debt but also draining cash that investors viewed as a backstop for its preferred-stock dividends. Weeks later, its Variable Rate […]

CryptoSlateCryptoSlateOluwapelumi Adejumo24 Jun

America’s Bitcoin buying turns negative as BTC drifts closer to the $57,300 liquidation trap

Bitcoin’s sustained price correction is deepening as demand from US investors weakens, leaving the world’s largest cryptocurrency increasingly exposed to leveraged positions clustered below $60,000. According to CryptoSlate's data, the top crypto traded at $59,800 at press time, down 16% this month. This decline has brought the asset closer to price levels where forced liquidations […]

CryptoSlateCryptoSlateOluwapelumi Adejumo24 Jun

Cardano’s scaling overhaul hit by a user confidence gap widened by ADA’s slump and wallet exploit

Cardano has opened public testing for a major throughput upgrade and advanced a mainnet hard fork, pushing forward the blockchain’s most consequential architectural changes in years. These milestones are arriving alongside a sharp decline in ADA and a multimillion-dollar wallet exploit, widening the divide between Cardano’s engineering progress and the condition of the ecosystem built […]

CryptoSlateCryptoSlateOluwapelumi Adejumo24 Jun