Crypto had one of its roughest weeks in nearly two years.

Bitcoin dipped below $60K on Friday before staging a Monday relief bounce.

Meanwhile, the industry's biggest names are making very different bets on the future.

One is stacking coins. Another is asking the president for a get-out-of-jail card.

Sam Bankman-Fried formally asks Trump for a presidential pardon

The former FTX CEO just filed a clemency petition with the Justice Department's Pardon Attorney Office.

Bankman-Fried was convicted over an $8B fraud that wiped out millions of customers.

A pardon would reignite fierce debate over accountability in financial crimes.

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Markets

Geopolitical ceasefire sparks a crypto relief rally

Israel halted strikes on Iran at Trump's request, easing tensions that hammered risk assets.

Bitcoin had slid 14% to near two-year lows as over $2B in futures positions got liquidated.

Monday brought a bounce, with BTC climbing near $64K, ETH trading near $1,700, and SOL hovering around $67.

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Strategy buys 1,550 Bitcoin for $101M, pushing its total to 845,256 BTC

Michael Saylor's company now holds roughly $80B worth of Bitcoin.

The purchase came days after Strategy sold 32 BTC late last month.

Buying during extreme fear is either conviction or stubbornness. History will decide.

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Strategy shareholders approve semi-monthly dividend payments for STRC

Shareholders voted to shift STRC dividends from monthly to twice-a-month payouts.

The first record date is June 30, with the first payment landing July 15.

More frequent dividends could make the preferred stock more attractive to income-focused investors.

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On Our Radar

AI meets crypto journalism: How algorithms now shape what stories get told.*

AI-powered wallets: MetaMask adds an AI agent that covers transactions up to ten grand.

Catching the dip: Tom Lee's Bitmine is nearly done loading up on Ethereum.

_*sponsored

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