Bitget CFD Volume Tops $10B, WhiteBIT Wins MiCA License, Strategy STRC Hits $88 Low

Crypto News

Bitget has rolled out a Zero-Fee Mode for its contract-for-difference (CFD) products, letting users trade without commissions under standard spread pricing. The exchange now runs a dual-account structure, allowing traders to switch between an ECN model and the new zero-commission tier depending on strategy and capital size. The launch coincided with a milestone: daily CFD trading volume has crossed $10 billion, roughly 25% above early-May levels. The exchange's official announcement attributes the growth to rising demand for multi-asset access, with forex, gold and US index products such as NAS100 leading activity — non-crypto assets reportedly accounted for as much as 40% of platform turnover on some trading days.

WhiteBIT secured a Markets in Crypto-Assets (MiCA) license from Austria's Financial Market Authority on 19 June, opening regulated access across the European Economic Area. The authorization, granted to Vienna-based entity WB-Shield Innovations GmbH operating as WhiteBIT EU, consolidates the exchange's prior European compliance work under a single passportable framework covering retail and institutional clients. The company, part of W Group and serving more than 35 million users globally, plans to launch whitebit.eu as a dedicated regulated hub for EEA users. The move signals another major platform centralizing its European operations under one regime rather than navigating fragmented national rules, with MiCA now the bloc's regulatory benchmark.

Strategy's perpetual preferred share STRC slipped near $85 earlier this week and last traded around $88.59, falling below its $100 issuance par and marking an all-time low since the instrument debuted in July 2025. Designed to hover near $100 by raising its dividend to attract buyers when the price weakens, STRC has held its payout at 11.5% for several months without an increase — leaving the market without the higher yield needed to draw fresh demand. Lifting the dividend would require more cash, one source of which is selling Bitcoin, a step that sits uneasily with the company's core accumulation narrative. Supporters frame the drop as leverage-driven liquidation, not product failure.

A new research report argues that many digital assets can be valued like financial claims through discounted cash flows, using AMM-adjacent lending protocol Aave as its case study. The analysis projects Aave will earn roughly $60 million in net income during 2026 and, applying fintech price-to-earnings multiples of 20 to 25 times, derives a fair market value of $1.2 billion to $1.5 billion — implying an altcoin token price near $80 to $100 against a recent level around $75. Under a base case where regulatory clarity accelerates asset tokenization, the report sees fair value reaching about $175 within a year, illustrating how protocol revenue can anchor traditional valuation frameworks.

Prediction-market platform Polymarket faces scrutiny over a paid-creator campaign that allegedly staged fake trades and profits. An investigation reviewing 1,105 videos posted between December 2025 and mid-May 2026 found roughly 70% contained betting footage, with clues indicating none were real transactions. The clips depicted about $1.9 million in wagers, and 118 of them performed nearly $900,000 in winnings — yet calculated against actual market outcomes, those trades would have lost over $166,000. Creators, often college-aged, earned $2,000 to $3,000 monthly and operated near-identical mock sites, one using the look-alike domain poiymarket.com. Polymarket said it will conduct a full review of active promotional content.

Nvidia's latest roadmap is reshaping how investors map the AI buildout, and the spillover reaches crypto-adjacent infrastructure and mining firms repositioning toward compute. Chief executive Jensen Huang outlined a three-tier framework — RTX chips, DGX systems and the newly introduced DSX, a reference design for building and operating gigawatt-scale AI factories. Each such facility now represents a $30 billion to $100 billion project, too large for any single company to build alone, shifting attention to ecosystem partners. After Huang labeled Marvell a future trillion-dollar company, its stock has surged roughly 241% year-to-date. Nvidia projects 100 gigawatts of AI-factory capacity coming online before the decade ends.

Taken together, these developments trace a single arc: capital and credibility are migrating toward regulated, cash-flow-backed and transparently audited venues, even as speculative shortcuts draw sharper scrutiny. That shift is unfolding against a defensive backdrop. COINOTAG's aggregate market data shows the Fear & Greed Index pinned at 23, deep in Extreme Fear, with Bitcoin trading near $64,000 and total crypto market capitalization around $1.84 trillion. Bitcoin dominance at 70% underscores how risk appetite has rotated away from smaller tokens during this bear market phase. In this climate, MiCA licensing, discounted-cash-flow valuation and disclosure enforcement are less marketing than survival — the infrastructure that determines which platforms and tokens endure the downturn.