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 vehicles. Bitcoin supporters counter that the asset should be valued as a scarce monetary network…
Key Takeaways Cryptoquant data shows XRP exchange availability increased as scarcity metrics weakened. Investors are monitoring Binance liquidity as higher supply can pressure prices. Meanwhile, derivatives markets recorded $13.53 million in liquidations during volatility. XRP Availability on Binance Expands While Price Remains Under Pressure At 3:05 p.m. EDT on June 24, XRP is trading at…
Key Takeaways Bitcoin fell 5% to $59,018 on June 24, dragging crypto market cap to $2.15T. Long liquidations hit $486M; below $58K, $1.6B in leveraged bets face wipeout. Contrarians see capitulation; June 30, 2026, window may define bitcoin’s next trend. Bitcoin Hits New YTD Low Below $60K Bitcoin dipped below $60,000 on June 24 amid…
Key Takeaways Blackrock told advisors on June 23 that a 1%-2% bitcoin allocation can act as a complementary diversifier. The firm believes a 1%-2% weighting carries risk roughly similar to holding the “Magnificent Seven” tech stocks. Blackrock warned that the AI investment boom has been pulling capital from bitcoin, gold and other alternatives over the…
Key Takeaways A wallet tied to a16z withdrew 25,560 ETH (about $42.62 million) from Binance, per Lookonchain. The withdrawal points to possible accumulation as ether trades near $1,670, well below its $4,946 peak. A16z has been an active onchain buyer in 2026, including a roughly $192 million HYPE position flagged in May. Tracking the Withdrawal…
Key Takeaways Cryptoquant said Strategy’s dividend coverage fell from 7-plus years to 14 months, urging a pause on bitcoin buys. Strategy’s cash reserves dropped 38% in 2026 as annual dividend obligations climbed to about $1.2 billion. STRC preferred shares remain stuck below their $100 par value, signaling investor caution toward the firm. A Collapse in…
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 to the FATF, both documents focus on mitigating money laundering and terrorist financing risks and…
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 fund Starlink, Starship and an AI buildout, the company said. A Heavily Oversubscribed Debut SpaceX…
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 housing policy. Stablecoins remain exempt, keeping private dollar tokens as the main digital-dollar route while…
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 on the outcomes of various events, initially utilizing a points-based system rather than real money….
