Cryptoquant CEO Ki Young Ju said bitcoin’s biggest risk is not a sharp crash but “boredom,” warning that a years-long sideways market could test financing structures built around the asset. He argued that this dynamic is a particular threat to Michael Saylor’s STRC preferred-stock model used by Strategy. He has also said Strategy and spot bitcoin ETF buyers have absorbed heavy selling from older holders, estimating bitcoin could be trading closer to $22,000 without that demand.

Russia is set to legalize Bitcoin and stablecoin payments for cross-border trade on July 1, 2026, following a two-year pilot program. The trial has already processed roughly $11Bn in crypto-facilitated commerce last year, according to figures cited by state news agency TASS. The change would formalize crypto settlement for foreign trade while moving it into a regulated framework.

Franklin Templeton is seeking SEC approval for two new ETFs that would use stock dividends to automatically buy Bitcoin. The proposed structure aims to link traditional equity income with crypto exposure in a single product, bridging Wall Street and digital-asset markets.

Strategy sold 32 Bitcoin in May 2026—its first sale since 2022—to fund dividend payments tied to its STRC preferred shares. STRC fell as low as $82.50 versus its $100 par value, pushing its yield to around 13%. The move has sharpened investor focus on how much strain the company’s Bitcoin-accumulation model can absorb as financing conditions tighten.

Franklin Templeton filed for two exchange-traded funds that would use dividends from U.S. equities to buy bitcoin exposure. The proposed funds target a 95% allocation to U.S. stocks and 5% to bitcoin, with dividends reinvested via bitcoin ETFs, futures or other instruments. If approved, the ETFs could begin trading as early as September. The move comes as U.S. spot bitcoin ETFs have attracted more than $53 billion since launching in 2024, according to SoSoValue data.

Bitcoin has no central owner. No single institution controls the network. com.

Bitcoin’s supply is capped at 21 million coins, a limit embedded in the network’s code by its creator, Satoshi Nakamoto. Once all 21 million bitcoin are mined, no new bitcoin will be created. The network is still expected to operate largely as it does now, with miners shifting from newly issued bitcoin to transaction fees for revenue.

Sophisticated market participants continue to view $60K as a near-term floor for BTC. Options positioning shows active hedging for a potential pullback toward $62K and $60K, with heavy put volumes concentrated at those strike prices as Q2 ends.