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Microsoft will lay off 6,400 employees, with half of the cuts stemming from a restructuring of its Xbox gaming division.

2 hours ago

According to market sources, Microsoft (MSFT.O) will lay off 6,400 employees, with half of the cuts coming from a restructuring of its Xbox gaming division. The layoffs represent roughly 2.8% of the company’s total workforce. Microsoft will sell five studios, including Compulsion and DoubleFine.

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Coinbase launches spot trading for Grove (GROVE)

According to official news, Coinbase announced it will list Grove (GROVE) for spot trading starting July 6, 2026. If liquidity requirements are met, the GROVE-USD trading pair will open in supported regions later today.

1 seconds ago

Influenced by news that Strategy sold Bitcoin to pay dividends, STRC rebounded to break above $90.

According to market data from BIT (bit.com), Strategy’s preferred stock STRC has rebounded above $90, trading at $90.125, with a 2.57% intraday gain. Earlier reports noted that Strategy sold 3,588 Bitcoin last week, generating $216 million in proceeds to pay dividends on its digital credit securities. As of July 5, the company’s Bitcoin reserves fell to 843,775 coins, alongside $2.55 billion in U.S. dollar reserves.

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BlackRock Withdraws 7,546 ETH From Coinbase Prime, Worth Around $13.2 Million

According to monitoring by Onchain Lens, BlackRock just purchased and withdrew 7,546 ETH from Coinbase Prime, worth approximately $13.2 million.

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Four wallets are holding 2x longs on $DEXE on @Aster_DEX, with a combined unrealized profit of ~$1.32M.

The $DEXE price keeps climbing today. Four wallets are holding 2x longs on $DEXE on @Aster_DEX, with a combined unrealized profit of ~$1.32M. The highest return has reached 104.57%.

1 seconds ago

Crypto mining firm Riot Platforms transfers 500 BTC to NYDIG Custody.

According to monitoring by Onchain Lens, publicly listed Bitcoin mining firm Riot Platforms has deposited 500 BTC, valued at around $30.9 million, with NYDIG Custody, likely for sale.

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Tom Lee: Rising ETH/BTC exchange rate indicates investors expect improved visibility of crypto use cases.

Chairman Tom Lee of BitMine, the largest Ethereum treasury, stated in a post that despite widespread market skepticism toward ETH, the rise in the ETH/BTC exchange rate shows investors are anticipating an improvement in the visibility of cryptocurrency use cases, which is a positive sign for the market.

1 seconds ago