Author: boss

A 400 Billion Shiba Inu Surprise: Whale Wallet Springs Back To Life

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Long traders bore the brunt of the damage when over $382,000 in Shiba Inu futures positions were liquidated in a single day, with $365,660 wiped from bullish bets and just $17,320 lost on the short side. That wave of forced closures came as a long-dormant SHIB wallet suddenly came back to life after nearly 10 months of silence, drawing fresh attention to a token already under pressure. A Wallet Empties Out Data from Arkham Intelligence shows the wallet began its return with a test run — a small 10 million…

Saylor Sets Sunday BTC Signal as Dividend Proxy Deadline Nears

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Strategy watchers were not disappointed on Sunday as executive chairman Michael Saylor took to social media to signal pending news on changes in the company’s Bitcoin holdings, hours ahead of the final tally of shareholder votes on a proxy measure that would see the company pay dividends twice a month on its preferred STRC shares. “A good time to add more dots,” was the message Saylor posted on X.com along with a bubble chart tracking Strategy’s Bitcoin (BTC) purchases over the past nearly six years. That chart, from Iceland-registered StrategyTracker.com,…

Here’s Why Bitcoin’s 50% Drop Looks Mild Next to What Several Altcoin Holders Are Sitting On

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Key Takeaways Bitcoin touched a 2026 low of $59,100 this week, now trading more than 50% below its $126,080 ATH. ICP, DOT, and ATOM have each lost 96%–99.7% from peak, making recovery math nearly impossible for holders. VVV leads 2026 YTD gains at 904%, but altcoin wins remain narrow and driven largely by speculative volume. Select Altcoins Outpace BTC in the Short Term Over the past 24 hours, bitcoin has drifted between $61,500 and $62,500, and as of 1 p.m. EDT on June 7, it remains more than 50% beneath…

Strategy Affirms Mission to Grow Net Bitcoin as CEO Shuts Down Rumors

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Key Takeaways Strategy reaffirmed its long-term goal of increasing net bitcoin and bitcoin per share. CEO Phong Le rejected speculation that a 32 BTC sale signaled a strategic shift. Executive Chairman Michael Saylor’s remarks reinforced expectations for continued bitcoin accumulation. Strategy’s Bitcoin Sale Sparks Questions About Long-Term BTC Growth Strategy (Nasdaq: MSTR) faces a key market question after its bitcoin sale: whether the move changed the company’s long-standing BTC accumulation strategy. The issue emerged after Strategy sold 32 BTC for approximately $2.5 million to help fund preferred stock dividends, a…

Bitcoin’s “Electrical Cost” Suggests Possible Bear Market Floor Near $50,000 — Analyst Explains Why

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Bitcoin’s bearish structure over the past few weeks has raised clear concerns about the flagship cryptocurrency’s future. Amid these concerns are speculations concerning its trajectory, some of which point to bottoms as low as $25,000. However, an on-chain analyst recently took to the social media platform X to explain why Bitcoin’s fall to $25,000 is an unlikely scenario in its current cycle. Electrical Cost Model Points To Potential Bitcoin Bottom In a June 6 post on X, crypto analyst Ted Pillows implied that the Bitcoin price might see further declines…

‘Bottom Fishers’ Lift Bitcoin Above 2026 Low but Schiff Warns the Worst May Still Be Ahead

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Key Takeaways Peter Schiff warned of a “ Crypto Black Monday” as bitcoin fell roughly 24% over the past month. In Schiff’s X poll, 59% of over 15,700+ voters said BTC must hit zero before they concede he was right. Bulls cite RSI levels and model targets near $165,000, with the 2026 low serving as the key line to hold. Crypto Black Monday Bitcoin’s decline has handed gold bull Peter Schiff plenty of ammunition to keep pressing his case, as the leading crypto asset has fallen roughly 24% over the…

XRP To $30? Market Veteran Says The Best Entry May Be Here

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XRP could be on track for one of its biggest price moves ever — but investors may need to wait until late 2027 or even 2028 to see it play out. A Long Road Ahead That’s the view from market analyst Dr Cat, who recently flagged $1.034 as a compelling long-term buy zone for the token. According to the analyst, that price level lines up with a thick Ichimoku Cloud support zone on the charts, which he sees as offering a strong risk-to-reward setup for patient buyers. Related Reading The…

Saylor Sparks Bitcoin Buy Buzz After Strategy’s Rare BTC Sale

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Key Takeaways Saylor’s post redirected attention toward Strategy’s bitcoin accumulation approach after a rare sale. Strategy still holds 843,706 BTC, keeping MSTR closely linked to bitcoin price swings. Investors are watching whether future purchases, financing needs, or dividends reshape the narrative. Saylor’s Post Refocuses Traders After Strategy’s Rare Bitcoin Sale Michael Saylor, executive chairman of Strategy (Nasdaq: MSTR), has renewed speculation about the company’s next bitcoin move after a rare BTC sale rattled traders last week. His latest X post, “A good time to add more dots,” pushed attention back…

Bitcoin 2026 Bear Market Needs Months to Spark Capitulation Bottom

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Bitcoin (BTC) threatens to “purge further” as realized losses in the 2026 bear market fail to beat records. Key points: Bitcoin realized losses have not yet surpassed the 2022 total despite market cap being higher. History suggests that a fresh round of capitulation should occur before a bear-market bottom appears. Retail investor conviction is still “remarkably high” despite new macro lows. Bitcoin bear market bottom may need “a few more months” New data from onchain analytics platform CryptoQuant shows that investor capitulation has not yet matched the levels of the…

Bitcoin price tests $60k as Saylor hints at more buying

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Bitcoin traded near $61,739 on June 7 after a volatile session that pushed price as low as $60,420. The rebound kept BTC above the $60,000 area, but the wider market stayed cautious after a sharp decline earlier in the week. Summary Bitcoin traded near $61,739 after bouncing from an intraday low around $60,420. Michael Saylor’s “add more dots” post fueled fresh speculation over Strategy’s Bitcoin plans. Traders are debating whether AI capital demand added pressure during Bitcoin’s latest sharp selloff. The move came as Michael Saylor posted, “A good time…