Peter Schiff Questions Bitcoin ‘Cheap’ Narrative as Strategy Shares Tumble
Key Takeaways Peter Schiff argued bitcoin cannot be considered “cheap” because it lacks traditional valuation metrics such as earnings, yield, or book value. Schiff warned that steep declines in Strategy’s stock and preferred shares signal growing risks for bitcoin-linked investment…
Senate Could Unveil Crypto Tax Bill by Fall 2026 as CLARITY Act Push Continues, GOP Senator Daines Says
Key Takeaways Sen. Steve Daines said the Senate could release a crypto tax bill by fall 2026, with a framework already drafted. The Senate plan is “more similar than not” to the House Ways and Means Committee’s proposal, Daines said….
5 Market Signals Reveal How AI Stocks, Oil and Bitcoin Shook Wall Street
Key Takeaways Micron earnings on June 24 could reset artificial intelligence (AI) chip sentiment after a 4% Nasdaq slide. Bitcoin fell below $60K as $169.28M in BTC liquidations hit crypto markets. Brent near $74 helped ease U.S. inflation fears as…
STRC Discount Widens as Strategy’s $12.55B Paper Loss Tests Saylor’s Thesis
Key Takeaways Strategy’s 847,363 BTC stash sits $12.55 billion underwater as bitcoin trades under $60,000. MSTR has fallen 78.37% since July 2025, losing far more ground than holding BTC directly. STRC trades at $82.20, pushing its effective yield to 13.99%…
Bitcoin Faces $55K Stress Test as 10x Research Cites Several Bearish Signals
Key Takeaways 10x Research targets $55,000 as bitcoin’s cycle low, with the timing window set for late August to October 2026. Spot bitcoin exchange-traded fund (ETF) outflows running into the billions, not corporate selling, are the primary driver of current…
Japan’s SBI Group Flips the Stablecoin Script With $63M-Backed JPYSC Launch
Key Takeaways SBI Shinsei Trust Bank issued JPYSC on June 24, 2026, as Japan’s first Type III trust-backed yen stablecoin. JPYSC carries no transaction caps and allows up to 50% JGB reserves, advantages JPYC cannot match. SBI VC Trade handles…
Musk’s SpaceX Raises $25 Billion in Debut Bond Sale as Orders Near $90 Billion
Key Takeaways SpaceX raised $25 billion in its debut bond sale, with orders nearing $90 billion. Heavy demand let SpaceX upsize the deal $5 billion above its $20 billion target across five tranches. Proceeds will repay a bridge loan and…
Global AML Watchdog FATF is Updating Its Rules for DeFi and Virtual Assets
The Financial Action Task Force (FATF) approved a new targeted update on international virtual asset standards and a separate report on decentralized finance (DeFi) regulatory challenges during its plenary meeting in Paris held from June 17 to 19, 2026. According…
US House Sends Fed CBDC Ban to Trump’s Desk as Housing Bill Clears Congress
Key Takeaways The US House cleared the housing package this week, sending a Fed CBDC ban running through Dec. 31, 2030 to President Trump. The Senate passed the bill 85-5 on June 22, folding a long-sought digital-dollar prohibition into broader…
Meta Reportedly Developing Prediction Markets App Codenamed ‘Arena’
Meta Chief Executive Mark Zuckerberg has directed a team to develop an experimental prediction markets smartphone app internally called “Arena,” according to a report by The New York Times on June 23. The independent app would allow users to bet…
