Michael Saylor and his embattled Strategy (MSTR) sold more common stock last week, using the proceeds to add a relatively small amount of bitcoin and $300 million in cash to its balance sheet.
The company sold about 2.7 million shares of MSTR, according to a Monday morning filing, raising $335.5 million. About $35 million of that was used to acquire 520 bitcoin at an average price of $67,068 each. The other $300 million was added to cash already on the balance sheet, bringing reserves to $1.4 billion.
The latest acquisition brings Strategy’s total bitcoin holdings to 847,363 BTC, acquired at a total cost of roughly $64.01 billion, or an average purchase price of $75.651 per coin.
Private equity firm PAG is assessing whether to restart a sale process for its controlling holding in Nuvama Wealth Management, formerly called Edelweiss Wealth Management, reported Moneycontrol citing sources.
Recent shareholding disclosures show PAG owns 54.13% of Nuvama Wealth Management through Asia Pragati Strategic Investment Fund and Pagac Ecstasy.
Last year, Bloomberg also reported that PAG is weighing options including a sale of its $1.2bn (Rs104.5bn) majority stake in Nuvama.
“PAG has been invested for more than 5 years and following an attempt last year which didn’t fructify into an eventual sale due to a valuation mismatch with PE suitors and other factors, it is now weighing an exit again. The market sentiment is better now, and it will be interesting to see how the valuations pan out this time,” one of the people said.
PAG invested about $325m to acquire control of Nuvama in March 2021.
“Nuvama is a high growth asset with profits of over Rs 1,000 crore. Soft approaches are understood to have been made by potential suitors though these deliberations are preliminary in nature. No final decision has been taken yet on the deal launch by PAG,” a second person said.
A third person said, “Based on early feedback from likely bidders, which may include PE firms as well as strategics, if PAG decides to proceed, then one can expect the formal sale process to kickstart in end July or early August. There are few large deals like this in the market so the transaction may garner significant interest.”
“If required, PAG has other options as well, including exploring an exit in tranches via multiple block deals,” a fourth person said.
The four people spoke to Moneycontrol on condition of anonymity.
As of Q4 FY26, Nuvama managed Rs 4.5tn ($47.8bn) in client assets and served clients including more than 13 lakh HNIs and over 4,750 families in India.
The company provides wealth management services including investment advisory, estate planning, investment management, lending and broking for individuals, institutions, CXOs, professional investors and family offices.
It is also active in alternative asset management products, asset services and capital markets.
“PAG weighs restart on Nuvama Wealth stake sale – report ” was originally created and published by Private Banker International, a GlobalData owned brand.
Ethereum remained stuck within a narrow range around $1.7k. While the altcoin consolidated over the past four days, it continued trading within a broader descending channel.
At press time, Ethereum [ETH] traded at $1,736 after a modest 0.08% daily gain. While the market stabilized near $1.7k, whales remained cautious and continued positioning for downside.
Why are whales betting against Ethereum?
As Ethereum’s structure remained weak, demand for short positions surged among large holders.
According to Onchain Lens, the whale “pension-usdt.eth” increased its 3x leveraged ETH short position to 50,000 ETH, worth $85.28 million. Despite limited price movement, the position was already sitting on more than $1.43 million in unrealized profit.
Another whale also opened a 23,000 ETH short position with 20x leverage, valued at $39.64 million. The trader later closed the position, locking in roughly $125,000 in profit.
The growing demand for short positions suggested that whales continued to expect another leg lower.
Source: CoinGlass
Even so, bearish bets faced mounting risks amid ongoing volatility.
Data from CoinGlass showed that $22 million worth of short positions were liquidated. That suggested the market continued to punish aggressive bearish positioning.
Source: Coinalyze
While whales leaned bearish, broader market positioning painted a different picture. The Long/Short Ratio climbed to 2.73. Around 73% of open positions were long, compared to 26% short.
That indicated most traders expected Ethereum to rebound despite recent weakness. This divergence left the market split between cautious whales and increasingly optimistic traders.
Can derivatives activity lift ETH?
Despite rising derivatives activity, Ethereum’s broader market structure remained weak. That suggested capital flowing into derivatives markets was still insufficient to drive a sustained breakout.
Source: TradingView
The Directional Movement Index (DMI) reflected a lack of strong momentum. The negative directional indicator remained dominant, while the ADX hovered near 5.
That combination suggested neither buyers nor sellers held a decisive advantage.
As a result, Ethereum may continue trading sideways between $1.6k and $1.7k in the near term.
However, stronger demand in derivatives markets could increase liquidation pressure on shorts. If that occurs, ETH may break above its current range, with $1,850 emerging as the next resistance level.
Digital assets are attempting to decouple from a complex macro environment following a dramatic sequence of central bank shifts, headlined by the Bank of Japan’s historic push to 1.0% interest rates and newly appointed Federal Reserve Chair Kevin Warsh’s restructured FOMC policy framework.
Traders enter the week balancing an apparent drop in concerns over energy-driven inflation against a stark warning of tighter liquidity in the near-term.
While the official signing of the U.S.-Iran peace treaty provides relief by opening the Strait of Hormuz, it’s also stripped haven assets of their immediate momentum. Instead, capital is reorganizing around a heavy U.S. data cluster, with the market bracing for Thursday’s crucial Core PCE print to evaluate the trajectory of consumer inflation.
With the bitcoin BTC$64,079.99 price stabilizing above major psychological support at $64,000, the macro weight that pressed on digital assets for months may finally be dissipating.
What to Watch
(All times ET)
Crypto
June 22: The U.S. SEC and CFTC open their newly issued joint public comment window targeting data reporting frameworks. The 60-day window invites industry feedback to harmonize and streamline regulatory reporting across swap and digital-asset derivatives markets.
Macro
June 23, 4:00 a.m: Eurozone Flash Manufacturing and Services PMIs for June
June 25, 8:30 a.m: U.S. Final Q1 GDP growth annualized est. 1.6% (Prev. 1.6%)
June 25, 8:30 a.m: U.S. May Core PCE Price Index YoY est. 3.3% (Prev. 3.3%); MoM est. 0.24% (Prev. 0.2%)
June 25, 8:30 a.m: U.S. Initial Jobless Claims for period ending June 20 est. 224K (Prev. 226K)
Earnings
Token Events
Governance Votes & Calls
Lido DAO is voting on various network matters, including approving the Staking Router v3 architecture, migrating to upgraded community and curated staking modules to support the Ethereum Pectra hard fork, winding down simple DVT clusters, revoking specific multichain bridge endpoints, and appointing a new director for the Lido Labs Foundation. Voting ends June 22.
Ssv.network DAO is voting on a proposal to conclude its Incentivized Mainnet Program for validator clusters paying network fees in SSV on June 30. The transition framework offers full rewards for July to any SSV cluster that migrates to an ETH-denominated cluster. Voting ends June 23.
Goldfinch DAO is voting on a proposal to begin an orderly wind-down of Goldfinch Prime and transition the protocol into a “maintenance mode” focused solely on managing the recovery and collection of remaining legacy borrower pool payments. Voting ends June 23.
GnosisDAO is voting on a “treasury redemption” proposal that allows GNO holders to voluntarily exchange their tokens for a pro-rata distribution of the DAO’s liquid assets at net asset value (NAV), along with a discounted share of capital called by GnosisVC. Voting ends June 26.
Unlocks
June 22: MegaETH Bridge (MEGA) to unlock 2.5% of its circulating supply worth $13.71 million. June 23: Toncoin (TON) to unlock 0.72% of its circulating supply worth $59.63 million.
June 24: Humanity (H) to unlock 2.93% of its circulating supply worth $52.67 million.
Today’s savings account rates still hover well above the national average. However, the Federal Reserve cut the federal funds rate three times in 2025 and has left rates alone so far in 2026, which means deposit account rates have been on the decline. It’s more important than ever to ensure you’re earning the highest rate possible on your savings, and a high-yield savings account could be the solution.
These accounts pay more interest than the typical savings account — as much as 4% APY and higher in some cases. Not sure where to find the best savings interest rates today? Read on to find out which banks have the best offers.
Best savings rates today
In general, high-yield savings accounts offer better interest rates than traditional savings accounts. Still, rates vary widely across financial institutions. That’s why it’s important to shop around and compare rates before opening an account.
Today, Monday, June 22, 2026, the highest savings account rate available from our partners is 4.10% APY. This rate is offered by Bask Bank.
As you’ll see, most of the top savings rates come from online banks. These institutions have much lower overhead costs than traditional banks, so they can pass those savings on to customers through higher rates and lower fees.
Here is a look at some of the best savings rates available today from our verified partners:
National average savings account rates
A high-yield savings account can be a good fit if you’re looking for a secure place to store your money and earn a competitive interest rate while maintaining liquidity. Traditional savings accounts and certificates of deposit (CDs) have some of the highest interest rates we’ve seen in more than a decade, despite several rate cuts by the Federal Reserve. Even so, the national average for these rates is fairly low compared to the top offers available.
For example, the average savings account rate is just 0.38%, while 1-year CDs pay 1.55%, on average, according to the FDIC. The Fed is also expected to lower rates even further in the coming months, which means now might be the last chance for savers to take advantage of today’s high rates.
Choosing the best savings account for you
Taking the time to compare accounts and rates from various financial institutions will help you secure the best deal available. However, interest rates aren’t the only factor to consider when choosing a savings account.
For example, some banks may require that you maintain a minimum balance to earn the highest advertised rate and avoid monthly fees. Other factors to evaluate include customer service options and hours, ATM and branch access, digital banking tools, and the institution’s overall financial stability. Additionally, before opening a savings account, be sure it’s insured by the Federal Deposit Insurance Corporation (FDIC) — or the National Credit Union Administration (NCUA) if it’s held by a credit union — so your money is protected if the institution fails.
Taiko, an Ethereum layer 2 scaling solution, was exploited. This was after its chain-state verification mechanism failed, resulting in the attacker bypassing critical validation checks.
As a result, the attacker successfully drained approximately $1.7 million from the ERC20 Vault and the Taiko Bridge Proxy Contracts. After breaching Taiko, the attacker immediately consolidated the stolen assets and then transferred them to various wallets.
These transfers indicate that the attacker entered into a clear monetization phase. Moments later, 1.99 million TKO, worth roughly $189K, was moved to MEXC’s hot wallet, indicating the attacker wanted instant liquidity. Thereafter, focus shifted towards the remaining holdings.
Source: Arkham
According to Arkham data, the exploiter still controls 870.8 ETH valued at nearly $1.52 million, representing most of the stolen funds. This concentration matters because it leaves a large portion of the proceeds exposed to tracking.
Source: Arkham
Moreover, the token price declined by 10% from $0.1279 to $0.07499 as of press time.
However, this attack has raised many additional questions about the larger implications.
In contrast with other attacks that have targeted user behaviors, this attack targeted a key component of the underlying infrastructure, thus creating scrutiny regarding the security assumptions.
Taiko weathers the initial shock
The immediate aftermath of the attack saw Taiko’s rapid response to limit the damage to the remaining parts of their infrastructure.
Taiko first assessed that the attackers had compromised the integrity of the chain-state verification process. Once the assessment was completed, all block proposers ceased production of new blocks to prevent additional exploitation by the attackers.
Source: X
However, the containment effort did extend past just limiting access to the network. After identifying the attacker’s public wallet address and urging the central exchanges to immediately freeze TAIKO deposits.
Source: X
In fact, at press time, DeFi TVL increased to approximately $3.84 million, a 3.64% increase, while bridged TVL remained at approximately $12.85 million. Additionally, weekly transaction counts were at 324,630, representing a 3.37% decrease in transactions over the previous week.
Final Summary
Taiko contained the immediate fallout, but the exploit exposed critical risks within core bridge verification infrastructure.
Taiko retained liquidity and activity after the breach, though long-term confidence now depends on security reforms.
Bitcoin is trading around $64,000, per CoinDesk pricing data, still searching for a catalyst strong enough to break the range it has held for weeks.
Selling from spot bitcoin ETFs has eased from earlier this month, but fresh institutional demand has yet to return.
U.S. spot bitcoin ETFs have now posted a sixth straight week of net outflows, data shows, with only a sparse few days of green. The scale has narrowed, but the absence of any sustained inflow shows institutions remain defensive as markets reassess the Federal Reserve’s interest-rate path.
A bigger weight is the rebounding dollar. After the June meeting, the Fed’s cautious message weakened expectations for near-term rate cuts, lifting the Dollar Index, which measures the greenback against major currencies, to the 100.6-100.8 area while keeping Treasury yields high.
With liquidity still tight, capital favors assets with steadier yields over volatile ones like bitcoin.
Easing geopolitical tension after the U.S.-Iran deal has improved risk appetite, a short-term support. It has not been strong enough to offset the firmer dollar and the cautious flows.
Bitcoin will likely hold a $60,000 to $67,000 range in the near term, said Simon-Peter Massabni, head of business development at XS.com, in emailed comments to CoinDesk. The market is “balanced between supportive and restrictive forces,” he said, with eased ETF selling and better sentiment on one side and an unsupportive Fed and unconfirmed institutional flows on the other.
A sustainable recovery in the second half would need more time to accumulate, a return of ETF inflows and stronger institutional demand. Until then, the current rebounds look technical rather than the start of a new uptrend.
