Polygon's strategic acquisitions could accelerate stablecoin adoption, potentially reshaping US payment systems and enhancing crypto accessibility. Polygon invests $250M to build a regulated US payments network across 48 states.
Michael Saylor broke his public silence on June 26 with a post on X reaffirming Strategy's commitment to Bitcoin, as the company faces a securities investigation and widening pressure across its capital structure.
Bitcoin hit its lowest level since September 2024, dropping to $58,100, before bouncing back toward $59,160. More than $1 billion in futures positions were liquidated in the last 24 hours, with longs taking the hardest hit. Bitcoin's implied volatility index BVIV jumped to 53%, its highest level since June 7.