Peter Schiff Warns Bitcoin Could Plunge Below $20K as Complacency Sets In
The economist also warned that Strategy’s STRC’s yield structure could enter a damaging downward spiral if confidence fades. Bitcoin critic Peter Schiff is back with another bleak BTC call, warning that the asset could collapse below $20,000 once it…
El Salvador Buys the Dip as Bitcoin Slides Under $66,000, Reserve Nears 7,600 BTC
Key Takeaways El Salvador’s bitcoin reserve sits near 7,600 BTC, valued above $510 million as of June 3. The country kept adding coins through a roughly one-BTC-a-day policy even as prices have continued to collapse. A $1.4 billion IMF deal…
AI stocks are draining crypto’s momentum, Bitwise warns
Crypto is losing its momentum-trade status as investors turn toward AI stocks, according to Bitwise chief investment officer Matt Hougan. Summary Bitwise says crypto is shifting from momentum trading to contrarian investing as AI stocks dominate flows. Matt Hougan says…
Bitcoin Falls to $65,710 as Record ETF Outflows and Strategy Sale Rattle Market
Key Takeaways Bitcoin dropped close to $65,700 on June 3, hitting another intraday low after $66,346. Spot bitcoin ETFs bled an estimated $3.5 billion in their longest outflow streak since 2024. Traders are now watching the $60,000 support level after…
U.S. Treasury sanctions Iran’s largest crypto exchange Nobitex
The U.S. Treasury has sanctioned four Iranian cryptocurrency exchanges and two senior executives at Nobitex after accusing the platforms of helping sanctioned entities access the digital asset ecosystem. Summary The U.S. Treasury has sanctioned four Iranian crypto exchanges, including Nobitex,…
XRP’s Birthday Turns Sour as Ripple Price Plummets to 4-Month Low
XRP was even surpassed by USDC as the fifth-largest crypto. Ripple’s native cross-border token has not been spared by the overall market-wide calamity that has only worsened today, with a fresh nosedive to a multi-month low. What’s particularly interesting…
Saylor’s Strategy sold Bitcoin just before the dump. Why now, after years of HODLing?
Michael Saylor’s Strategy sold 32 BTC during the May 26-31 period, generating approximately $2.5 million to fund distributions for preferred stock. This information emerged right before Bitcoin slid back to the $70,000-$71,000 range. What caught the market’s attention was not…
Binance Research Links Bitcoin Weakness to Record S&P 500 Capital Inflow
Key Takeaways Binance Research says Bitcoin’s 11% Q2 2026 drop tracks capital rotating into AI and energy. Cboe Dispersion Index hit 42, suggesting U.S. stock gains are concentrated in a few sectors. Binance Research says bitcoin often bottoms within 0-20…
Crypto exchanges face tough Brazil test as audit mandate arrives
Brazil’s central bank has added mandatory independent audits to the licensing approval process for crypto service providers in the country. Summary Brazil’s central bank will require crypto service providers to submit independent audit reports when applying for or renewing licenses….
What Is Gensyn (AI) Coin? Everything You Need to Know
Artificial intelligence is advancing rapidly, but the industry faces a major challenge: access to computing power. Training and running modern AI models requires enormous amounts of hardware, particularly high-performance GPUs, which are largely controlled by a handful of major cloud…
