Key Takeaways Coinbase’s John D’Agostino says institutions that bought bitcoin near $125,000 want it even more around $60,000. He points to UAE family offices and sovereign wealth funds buying the dip after bitcoin’s drop to a 2026 low of $59,100. D’Agostino has repeatedly painted bitcoin as a gold-style macro hedge, citing resilient ETF ownership despite…
Key Takeaways Bitcoin hit a 2026 low of $59,100 last Friday, sending its market cap below $1.2 trillion for the first time since Oct. 2024. Capriole’s Charles Edwards pegs bitcoin’s electrical-cost floor at $50,000 as spot prices test the production cost. Miner profitability has slumped to a 14-month low, pushing weaker rigs toward shutdown territory….
Kalshi named Sportradar its official data and odds provider across MLB, NHL, MLS and the UFC. Kalshi gains two Sportradar integrity tools (UFDS AI and the Integrity Exchange) to flag suspicious trades. About 11 states have moved against Kalshi’s sports contracts as illegal betting, while the CFTC backs it. Official data, and an integrity shield…
Key Takeaways SVP proposed a 10M population cap, straining infrastructure as Switzerland heads to a June 14 vote. Tamedia found 52% favor the law, signaling labor market shifts before Switzerland votes on June 14. Economiesuisse’s Pascal Wüthrich warns the cap will next block EU ties, threatening Swiss market prosperity by 2050. Switzerland To Vote On…
Key Takeaways Top 100 institutional bitcoin holders now control nearly 1.26 million BTC, although Strategy alone accounts for more than two-thirds of that total. Mining firms, technology companies, private enterprises, and treasury vehicles are using bitcoin to diversify reserves, hedge inflation risk, and signal long-term conviction. The data shows broad institutional participation, but holdings remain…
Key Takeaways Senator Warren questioned whether the CFTC can oversee crypto and prediction markets with fewer staff. Prediction markets face growing scrutiny as federal and state regulators clash over event contracts. Congress may expand CFTC authority while Warren seeks records on industry contacts and enforcement decisions. Crypto Oversight in the Spotlight After Warren Questions Federal…
Digital financial services platform Maya has partnered with the Commission on Filipinos Overseas (CFO) to integrate digital payment options for the agency’s services. Under the agreement, non-resident Filipinos and their families will be able to pay for CFO transactions using credit and debit cards, QR codes, and digital wallets. Digitalization of Government Services The partnership…
Key Takeaways Peter Schiff challenged efforts to apply traditional banking standards to stablecoin issuers. JPMorgan CEO Jamie Dimon argued equal oversight is needed for competing financial services. Regulators now face decisions that will determine the rules governing stablecoin rewards, reserve practices, and disclosure standards. Peter Schiff Says Bank Rules Do Not Fit Stablecoin Issuers Economist…
Key Takeaways JPMorgan flagged Strategy’s ~$1.7B annual dividend bill as a key swing factor for H2 2026 crypto. Strategy sold 32 BTC for $2.5M late last month, its first sale since 2022, to fund preferred dividends. The bank sees under 50% odds the CLARITY Act passes this year, dimming a key catalyst. A $1.7 Billion…
Key Takeaways Bitcoin rebounded past $64,000 on June 8, recovering from a multi-day sell-off below the $60,000 level. The recovery lifted the broader crypto market cap to $2.26 trillion despite rising Iran-Israel tensions. Liquidations hit $611 million across the crypto ecosystem, heavily penalizing wrong-footed short sellers. Bitcoin Reclaims $64,000 Amid Geopolitical Storm Bitcoin staged a…
