timeline

According to CoinDesk, the dividend-paying preferred stock STRC issued by Bitcoin treasury company Strategy recently fell below its par value of $100, sparking discussions in the market about its capital structure and solvency. Key timeline events are as follows:May 14: STRC closed at $100 before the ex-dividend date, while the price of Bitcoin remained above $80,000, but market pressure was already evident. During the same period, Strive Asset Management announced that its competing product SATA would adopt a daily dividend mechanism, increasing its yield to 13%, further intensifying competitive pressure on STRC.May 15: Strategy announced a buyback of $1.5 billion of 2029 convertible bonds at approximately an 8% discount. The market then noted that the company's dollar cash reserves used for dividends and debt support were utilized for this transaction.May 26: Strategy confirmed that cash reserves participated in the bond buyback, reducing the fund size to approximately $871 million, which only covers about 6 months of STRC dividend payments, whereas the company's previous target was to maintain coverage for about 24 months.June 1: Strategy sold Bitcoin for the first time since 2022, selling 32 BTC to demonstrate its ability to support dividend payments through asset sales. Following the announcement, MSTR's stock price fell by 5.9%.June 5: Bitcoin fell below $60,000, and STRC dropped to around $90.June 8: Strategy shareholders approved changing STRC to pay dividends twice a month, while the company disclosed that dollar reserves had risen to $1 billion.June 15: Strategy repurchased 1,587 BTC, increasing dollar reserves to $1.1 billion.June 18: STRC fell below $83 during intraday trading, about 17% lower than the target price, marking a new low since its listing in July 2025, ultimately closing at $88.59.Analysis suggests that the core challenge facing STRC lies in its high-yield preferred stock structure being highly correlated with the Bitcoin cycle. In a Bitcoin bear market environment, investors are not only reassessing BTC itself but also beginning to reevaluate the financial products and capital systems built around Bitcoin.

According to Jinshi reports, economists have raised their forecasts for U.S. inflation and delayed the timeline for the Federal Reserve's next interest rate cut, expecting the core PCE index to remain above 3%. Surveys show that economists are evenly split on whether the Federal Reserve will cut rates in December, whereas previous predictions anticipated a rate cut in October. Wilmington Trust Corp Chief Economist Luke Tilly stated that consumer spending is weak and expects the unemployment rate to peak at 4.5% in the third quarter.

Web3 asset data platform RootData released the progress data for the 2026 Q2 TGE. From the time distribution perspective, the crypto market is entering a concentrated release period for Q2 TGE, with market risk appetite and liquidity activity rebounding in sync. Among them, MegaETH has become the core anchor point of this window period. This project focuses on "ultra-high performance real-time execution" of EVM L2. After completing a $30 million financing, it officially TGE'd on April 30 and simultaneously launched on major exchanges such as Coinbase, Upbit, and Bithumb. According to the "Upcoming Issuance" section data from RootData's market, TGE is showing characteristics of a "short-term concentrated explosion": on April 29, Gensyn completed its TGE, on the 30th, MegaETH and Real Finance TGE'd simultaneously, and on May 1, Kuvi followed closely with its launch. Avant is expected to push forward its TGE in the latter part of Q2. At the same time, Polymarket data also provided forward-looking signals: before June, it may enter a peak issuance interval. Dreamcash (64%), Arc (46%), and Oro (40%) are in the first tier and may form the core of the next liquidity competition. Overall, this round of Q2 TGE is not a confirmation signal for the market but rather the starting point for liquidity redistribution. The subsequent market strength will depend on the absorption capacity of the new supply and the degree of support from the project's fundamentals for valuation.

X product head and Solana advisor Nikita Bier announced that X has launched the "Custom Timelines" feature, allowing users to pin specific topics to their homepage tab and supporting over 75 interest topics, helping users delve deeper into niche content areas.This feature is supported by content understanding from Grok and combines the platform's algorithmic personalization recommendations, dynamically generating each timeline based on user interests, particularly effective on topics where users already have interaction preferences. Currently, this feature has been made available for early access to Premium subscribers on the iOS platform, with the Android version expected to be launched soon.

Musk stated on social media that the X platform has added a timeline theme selection feature, allowing users to switch between different content themes based on their interests. He mentioned that if users feel fatigued by political content, they can choose other thematic content. Users can adjust their settings by clicking on the "For You" page.

"Fed's mouthpiece" Nick Timiraos stated that the content not mentioned in this Federal Reserve meeting minutes is more worthy of attention. He pointed out that in several meetings last year until December, staff predicted that the inflation rate would fall to 2% by 2027, but the December minutes pushed the timeline back to 2028.In the January meeting minutes, there was no specific mention of when the inflation rate would reach 2%, only indicating that the values were "slightly higher and balanced" compared to the December forecast, and it was expected that the impact of tariffs would end after mid-year, with inflation returning to the previous downward trend. The previous mention of "reaching 2% by 2028" did not reappear.Nick Timiraos hinted that this reflects a weakening confidence from the Federal Reserve regarding the inflation path, influenced by tight resource utilization and rising import prices. The official minutes confirmed a slightly higher forecast than in December but did not specify a return year, highlighting policy uncertainty.

X product lead and Solana advisor Nikita Bier posted on the X platform, "I genuinely hope the crypto industry can thrive on X, but applications that encourage spamming, attacking, and harassing random users are not the right way. This behavior significantly harms the user experience for millions, while only benefiting a few.Additionally, X will launch a series of new features in the coming weeks, including a smart cash tag that will allow you to trade stocks and cryptocurrencies directly from the timeline."

According to market news, the chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, has retracted the previous timeline regarding the "crypto innovation exemption" that was expected to be announced this month, and when asked about the timing, he declined to commit to releasing final rules this month or even next month.He stated that the SEC is still studying the details and is taking a cautious approach, emphasizing that the progress of the crypto market structure bill currently under consideration by Congress may also affect the timing of the exemption rules. These proposed exemption rules are intended to provide assurances for companies in specific crypto areas such as tokenized securities and DeFi, allowing their related activities to be free from SEC enforcement actions. Atkins had previously expressed hope that the rules would be released in January, but at an event co-hosted with the CFTC this Thursday, he changed his tone, stating that "we need to think twice" and expressed a desire to see Congress provide clear direction.

Vitalik Buterin stated that he is "significantly more inclined to support native rollups" compared to the past. Vitalik reflected that a key reason for opposing native rollups previously was that their precompiled solutions had to choose between ZK mode or Optimistic mode, and at that time, ZK-EVM was not mature. L2 often chose the latter option, which involved "fast withdrawals but self-bear proof risks" versus "relying on Ethereum's security but needing to wait 2-7 days for withdrawals," thereby weakening Ethereum's composability and promoting the proliferation of multi-signature bridge solutions.Vitalik pointed out that the situation is changing: Ethereum's timeline for fully adopting ZK at the L1 level is gradually aligning with the realistic progress of introducing native rollup precompiles, and the aforementioned core obstacles are expected to be eliminated. He also mentioned that the community is increasingly viewing "synchronous composability" as one of the core values of L2 and is exploring the combination of rollup-based solutions with low-latency pre-confirmation mechanisms.Additionally, Vitalik emphasized that the design of native rollup precompiles should not be rushed in its specific implementation. He expressed a hope that in the future, there would be a property such that if developers build a rollup that is "EVM with a small amount of extended functionality," they can directly reuse the EVM part of the native rollup precompiles and only introduce a custom proof system for the new features, connecting the two in a standardized way.

Kaito founder Yu Hu provided a timeline of recent events on platform X, stating that he received an email from the account manager regarding a possible reassessment on January 13, and received a legal notice from X on January 14, to which he responded the same day. On January 15, he learned of the content released by Nikita at the same time as the public. Yu Hu indicated that he had previously received legal notices from X that were properly resolved, so it was reasonable to wait for further clarification and discussion before making a unilateral announcement within this brief time window.Yu Hu also stated that Yaps has now been shut down, and Kaito plans to expand beyond the cryptocurrency field through Kaito Studio in 2026 across platforms (TikTok, YouTube). He mentioned that Kaito Studio has been in preparation for several months and will serve as a new model to complement Yaps. This change will not affect Kaito Launchpad, Kaito Pro, Kaito API, or the upcoming Kaito Markets, and more roadmap details will be released in the future.

ChainCatcher news, the Secretary for Financial Services and the Treasury of Hong Kong, Hui Cheng-yu, stated that the Monetary Authority has been maintaining close communication with the Digital Currency Research Institute of the People's Bank of China and the local subsidiaries of mainland operating institutions in Hong Kong. The acceptance of digital renminbi at local retail points in Hong Kong is gradually increasing. The Monetary Authority will continue to work with the People's Bank of China to promote the cross-border pilot process of digital renminbi in Hong Kong. Currently, discussions are underway regarding the upgrade arrangements and feasibility of digital currency wallets to increase the usage limit of digital currency wallets, with specific plans and timelines to be implemented.

ChainCatcher news, according to Jinshi reports, U.S. banks have moved the expected Federal Reserve rate cut from December to October this year.

ChainCatcher news, according to Jinshi reports, Barclays expects the Federal Reserve to start cutting interest rates in September, earlier than the previous market expectation of December.

ChainCatcher message, Pump.fun co-founder Alon stated during a live broadcast: "We are eager to reward the community that has supported our platform over the past year and a half. Our goal is to ensure that this airdrop event goes smoothly and has real significance. This will provide us with a great opportunity to strengthen our ecosystem, increase trading volume, and maintain activity over a longer period. This is crucial for re-engaging attention and sparking interest. Although the PUMP airdrop will not happen immediately, we will share the timeline and details as soon as possible."

ChainCatcher news, according to CNBC, Galaxy Digital CEO Mike Novogratz stated in an interview with CNBC that the company's process of going public on Nasdaq was very bumpy, "feeling very un-American, unfair, and frustrating." The process, which was originally expected to take 45 to 90 days, was extended to 1320 days, with nine rounds of discussions with the U.S. Securities and Exchange Commission.However, this ordeal did not defeat Galaxy; instead, it made it stronger. After going public on Nasdaq, Galaxy expects its costs to decrease by 40%. Mike Novogratz emphasized that Galaxy Digital's goal is to become a bridge connecting traditional finance and the crypto world, meeting the growing institutional demand.

ChainCatcher news, White House economic advisor Kevin Hassett stated in an interview with Fox News that he is preparing a plan to submit recommendations to President Trump regarding the subjects and timing of tariff negotiations.