Joe Weisenthal, one of the hosts of Bloomberg’s Odd Lots program, suggested in a press release that the current period could be “the harshest crypto winter in history.” According to Weisenthal, the cryptocurrency market is facing many negative trends simultaneously, unlike in past cycles. Weisenthal noted that investors can no longer argue as strongly as […]
Economist and strategist Peter Schiff took Bitcoin’s (BTC) latest plunge to both reiterate his long-standing $20,000 price target for the cryptocurrency and to briefly outline the asset’s downward path. Specifically, Schiff estimates that BTC has more room to fall after retracing 11.40% to $67,164 in the last week of trading, as ‘here is way too […]
Bitcoin is back at a crossroads it has navigated multiple times in prior cycles, and this may be where the real test begins in this cycle. After weeks of trying to turn the low-$80,000s into a new recovery zone, $BTC has returned to the $66,900-$68,000 area, the same band I have used through several recent […]
While XRP is experiencing a sharp decline and risks losing the key $1 support level, prediction market traders are signaling that the cryptocurrency is most likely to finish June near $1.40. The market, which allows participants to wager on where XRP will trade at the end of June, currently assigns the highest probability to the […]
Strategy, the largest institutional Bitcoin ($BTC) investor, recently did what was feared and sold $BTC for the first time in a long time. This situation created panic in the market, and the Bitcoin price fell to $65,000 following the selling pressure that came after this news. According to Coindeks, while this sharp drop in $BTC […]
The United States spot Bitcoin (BTC) exchange-traded funds (ETFs) have registered 12 consecutive days of cash outflows. The U.S. spot Bitcoin ETFs have liquidated BTC valued at $3.97 billion over the past 12 days, according to data from SoSoValue analyzed by Finbold on June 3. As such, these funds hold approximately $85 billion in BTC […]
A new threat intelligence report from Skynet, shared with Finbold on June 3, 2026, has identified two converging risks reshaping the stablecoin security landscape in 2026: a surge in sophisticated attacks on cross-chain bridge and custody infrastructure, and the rapid expansion of A7A5, a Russian-ruble-backed stablecoin built by sanctioned actors to circumvent Western enforcement. Bridge […]
After briefly falling below $66,000 on Wednesday, bitcoin is trading near the bottom of the Power Law corridor, a level that has historically come shortly before rebounds in the price of the largest cryptocurrency. The model, popularized by physicist Giovanni Santostasi and refined by Porkopolis Economics, plots bitcoin’s price against time on a logarithmic scale […]
Just three weeks after hitting its intraday high of $197 and closing price high of $195.94 on May 11, Michael Saylor’s Strategy (NASDAQ: MSTR) stock suffered a steep crash that took it to $136.62: 30.65% and 30.27% below the two 2026 records, respectively. Strategy stock price one-month chart. Source: Finbold The collapse came shortly after […]