Bitcoin enters the weekend near $60,000 after sticky inflation, heavy ETF outflows, and a failed defense of the $59,000-$62,000 zone. The May PCE print gave the market a reason to sell, but the real damage came from positioning. Core PCE came in at 3.4% year over year, above the Fed’s 2% target but broadly in […]
Last month, Tando, the Kenya-based Bitcoin payments company, announced it had created a service that allows 40 million Kenyans to send and receive Bitcoin using the existing M-Pesa infrastructure. To pull this off, they strung together numerous pieces of technology, including in-house solutions, to make bitcoin’s Lightning Network act as a translation layer for millions. […]
Ripple CEO Brad Garlinghouse has publicly criticized Michael Saylor’s Bitcoin (BTC) acquisition strategy, arguing that the approach has hurt the broader cryptocurrency market and failed to create long-term value. Speaking during a June 26 interview on CNBC’s Squawk on the Street, Garlinghouse aimed at the funding model used by Strategy to expand its Bitcoin holdings. […]
Ripple CEO Brad Garlinghouse criticized Strategy Chairman Michael Saylor’s method of financing Bitcoin purchases. Garlinghouse stated that financial engineering will not create long-term value in digital assets, arguing that the true value of crypto assets should be based on use cases and utility. Speaking to CNBC, Garlinghouse targeted Strategy, led by Saylor, for resorting to […]
Bitcoin ($BTC) struggled to reclaim $60,000 on Friday amid continued global market volatility. Key points: Bitcoin closes below $60,000 on daily time frames for the first time since September 2024. Asian stock markets see another day of major losses on tech-stock concerns. $BTC price analysis hopes for a reclaim of the 200-week trend line as […]
Cryptocurrency prediction markets are signaling strong confidence that XRP will remain above $1 by July 1, 2026, despite the asset’s recent volatility. According to data retrieved from Polymarket on June 27, traders are assigning a 78% probability that XRP will trade above the $1 level on July 1, 2026. The forecast reflects expectations that the […]
Is it still too early to call the current risk-off phase anything apart from a full-blown bear market? Looking at the hard data, it increasingly makes sense to compare this cycle with 2022, which remains the worst Bitcoin bear market on record, with $BTC closing the year down over 65%. That said, Q3 could be […]
Bitcoin ($BTC) dropped below $60,000, a key psychological support, on Thursday as losses in megacap technology stocks weighed on investors’ broader risk appetite, adding pressure to an already fragile crypto market. $BTC/USD vs. Nasdaq and S&P 500 daily performance chart. Source: TradingView The decline has triggered a classic bearish reversal setup that may push the […]
The spot Bitcoin (BTC) exchange-traded funds (ETFs) from the United States have recorded a net cash outflow of more than $4 billion so far during the second quarter of 2026. The U.S. Bitcoin ETFs have seen a total cash outflow of approximately $4.07 billion in Q2 so far, according to data from SoSoValue, analyzed by […]