Today’s Insider ⬇️
📈 Crypto Acquisition: Strategy extends BTC buying streak with modest $330M acquisition
🚀 Crypto Launch? Polymarket to rebuild engine, launch native dollar stablecoin
🏦 Infrastructure Shift: Galaxy taps Broadridge for onchain GLXY shareholder vote in May
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $69,853 | +3.79% | -13.13% |
Ethereum | $2,142 | +4.14% | +30.19% |
Solana | $81 | +2.89% | -25.06% |
XRP | $1.34 | +3.13% | -33.59% |
S&P 500 | $6,606 | +0.37% | +30.49% |
Gold | $4,662 | -0.29% | +57.60% |
1. Strategy Buys Another $330M in Bitcoin, Doubling Down Below Its Average Cost Basis
Crypto acquisition: Strategy acquired 4,871 BTC for approximately $330 million at an average price of $67,718, resuming its buying streak in Q2 after a brief pause.
🔎 Insider Insight: Buying below its $75,444 average acquisition price signals Strategy is doubling down on its long-term BTC conviction even as short-term price pressure persists. With over $49 billion in remaining capital instruments still available, Strategy's playbook is built to outlast the current bear cycle rather than react to it.
Top Crypto Insider Pick of 2026
BlockchainFXIs Transforming Global Trading Through DeFi Innovation
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Polymarket Overhauls Its Core Infrastructure and Launches Native Dollar Stablecoin
Crypto launch? Polymarket is rolling out its largest infrastructure upgrade since launch, rebuilding its matching engine with a hybrid CLOB model and introducing Polymarket USD, a native stablecoin pegged 1:1 to USDC on Polygon.
🔎 Insider Insight: The overhaul is as much a competitive move as a technical one, with native dollar liquidity and multi-sig support directly targeting institutional participants that bridged tokens and limited wallet compatibility previously locked out. Backed by a $600 million ICE investment, Polymarket is clearly positioning for a broader financial mainstream push rather than staying a retail-first prediction venue.
What is Ethereum’s native currency called?
3. Galaxy to Conduct First Onchain Shareholder Vote Using Broadridge's ProxyVote Platform
Infrastructure shift: Galaxy will become the first firm to use Broadridge's expanded ProxyVote platform for an onchain shareholder vote, marking a live test of blockchain-based corporate governance for a public company.
🔎 Insider Insight: Bringing proxy voting onchain moves tokenized equities from a novelty to a functioning ownership structure, closing a critical gap that previously made onchain shares incomplete. With Broadridge's institutional credibility behind it, this integration could accelerate adoption among public companies already exploring tokenized share issuance.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
