Key Takeaways Jamie Dimon called the bull market a “little tsunami” at a June 21 Council on Foreign Relations event. He cited $700 billion in AI spending, 4.3% unemployment, and 2% GDP growth as near-term supports. Dimon flagged Ukraine, Iran, Russia, and China tensions as underpriced longer-term risks. A Warning Wrapped in a Metaphor Speaking…
In brief Bitcoin fell to its lowest point in 21 months, dragging down leading altcoins and crypto stocks with it. The weakness appears to be linked to a risk-off move in semiconductor and AI stocks, analysts said. As XRP fell, it risked slipping below $1 for the first time since just after President Trump’s reelection….
In brief Strategy should immediately end its Bitcoin-buying spree and focus purely on shoring up cash, according to CryptoQuant Analyst Julio Moreno. He argued that the company’s lack of available cash is compounding pressure on Stretch (STRC), which fell to record lows on Wednesday. Strategy’s so-called USD Reserve should be rebuilt to provide the company…
Key Takeaways Rep. Bryan Steil’s bill would bar House members and families from political bets on Kalshi and Polymarket. Violators face a penalty of at least $2,000 or 10% of the trade, plus forfeiture of net profits. Speaker Johnson and Trump back the measure, which echoes a Senate rule passed earlier in 2026. A New…
Key Takeaways Coingecko data showed the altcoin market cap fell below $900 billion twice within 24 hours on Thursday. Ethereum fell 21% since June 1 to a low of $1,531, dragging the total altcoin market down to $900 billion. If the monthly RSI drops any lower, analysts warn it will trigger a historic bearish confirmation….
XRP is trading just above $1, leaving the token at its weakest price level of the year, but onchain data paints a different picture. The exchange-held XRP supply continues to fall, Binance withdrawals have exceeded deposits for seven straight days, whale flows are holding positive and spot XRP exchange-traded funds (ETFs) have attracted $243 million…
Google Gemini AI just predicts a number to Micron price prediction that treats the stock’s wild run this year as the beginning rather than the peak. The model sees $1,650 by the end of 2026, a fresh high for a name that started the year trading nowhere close to these levels. The bull case centers…
Bitcoin’s prolonged decline is forcing cryptocurrency companies to cut staff, automate more work, and abandon the expansion plans that defined the last bull market. At the same time, it is also creating one of the industry’s busiest periods for takeovers. Crypto mergers and acquisitions reached $7.23 billion during the second quarter of 2026, up from…
Apple stock fell on Thursday after the tech giant jacked up prices on its MacBooks and iPads, increasing worries that its comeback year could be screeching to a halt. Shares dropped 5.2% to $277.89, on pace for their largest percentage decrease since April 4, 2025, according to Dow Jones Market Data. The prices changes, all…
Key Takeaways Kospi’s 8% drop and BTC’s fall to $59,018 show global tech contagion, per Mike McCluskey. Nvidia and Micron pullbacks drove $700M liquidations as ETF outflows eased mid‑week. Strive’s BTC buys and the 200‑week MA signal support ahead of Friday’s $60K expiry test. The Seoul-to-Nasdaq Contagion On Tuesday, June 23, the South Korean index,…
South Korean cryptocurrency exchange Bithumb was order to pay a $136,000 fine after it was found to have breached personal information protections rules when it sent user data overseas. In a Thursday notice, the country’s Personal Information Protection Commission (PIPC) said that its investigation into Bithumb found that the exchange had “transferred personal information overseas…
Binance withdrew its MiCA application in Greece after reported resistance and told users the absence of a formal decision before the transition deadline forced it to seek authorization elsewhere. Reports noted that talks with regulators in Ireland and Latvia had also encountered friction, though Binance maintains that Greece was its only formal application. ESMA has…
In brief Prediction market traders think Bitcoin and Ethereum are headed even lower as markets sell off. Traders now strongly favor dumps to $55,000 for BTC and $1,500 for ETH before any rebounds. The market’s near-term fate may hinge on the performance of STRC, the preferred equity offering from Bitcoin behemoth, Strategy, according to one…
The Dow Jones Industrial Average and S&P 500 were up in late-morning trading Thursday, while the Nas PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign in Source link
