Author: boss

Senators Sanders, Warren Letter Warns $14 Trillion At Risk From DOL Proposal

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Coinbase Backs IQMM ETF as Stablecoin Rules Take Shape

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Crypto exchange Coinbase has invested in ProShares’ stablecoin-focused money market fund, betting that demand for stablecoin reserve-management products will grow as the recently enacted GENIUS Act formalizes the types of assets that can back US dollar-pegged tokens. Coinbase (COIN) announced Tuesday that it made an undisclosed investment in the ProShares GENIUS Money Market ETF (IQMM), which is designed to hold assets that qualify as reserves for payment stablecoins under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The GENIUS Act requires stablecoin issuers to back their tokens…

Bitcoin Sinks to $66,346 as $1.35B in Long Liquidations Accelerate Market Selloff

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Key Takeaways Bitcoin dropped over 6% in 24 hours to a June multi-week low of $66,948. The sell-off wiped out $1.35 billion in crypto long positions, according to Coinglass data. K33 Research projects lower volume and downward price drift through August. Market Cap and Liquidation Crunch Bitcoin’s poor start to June continued as the cryptocurrency tumbled below $67,000, hitting another multi-week low. The daily chart shows bitcoin steadily declining from just over $71,500 late June 1 to an intraday low of 66,346, a loss of more than 6% in 24…

Debt crisis fears put Bitcoin undervaluation back in focus

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Bitcoin has drawn a new valuation argument from Bitwise, as rising sovereign debt pressures keep bond markets under strain and strengthen the case for BTC as a macro hedge. Summary Bitwise said rising sovereign debt pressure could strengthen Bitcoin’s role as a hedge against macroeconomic risk. The OECD expects governments and companies to borrow about $29 trillion in 2026, as refinancing needs continue to rise. Bitwise cited Greg Foss’s model, which puts Bitcoin’s theoretical fair value at around $224,000 if adoption expands. Bitwise said in a new report that deeper…

Why RLUSD Will Make XRP More Valuable, Not Less

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XRP bull Jake Claver argues that Ripple’s RLUSD stablecoin does not weaken the case for XRP, but may instead reinforce it by bringing more institution-friendly dollar liquidity onto the XRP Ledger. In a thread on X, Claver said the two assets are built for different roles: RLUSD as a compliant digital dollar, and XRP as the neutral bridge asset that allows value to move between otherwise fragmented markets. The argument responds to a recurring question in the XRP community: if RLUSD can move money in seconds, why does XRP still…

Bitcoin Fair Value Closer To $224K Based On Debt Risk Model: Bitwise

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New reporting from Bitwise suggests that Bitcoin’s (BTC) undervaluation could expand if investors’ concerns over sovereign debt deepen. The asset management firm said that mounting pressure in global bond markets and rising government debt levels could strengthen Bitcoin’s role as a hedge against macroeconomic risks, with one valuation model suggesting a theoretical fair value of $224,000.  Debt market turmoil may support Bitcoin in the long-term  Bitwise pointed to mounting pressure across the global bond markets. The Organization for Economic Co-operation and Development (OECD) estimates governments and companies will need to…

Altcoin Season Index at 49 — Traders Need Bitcoin Dominance Below 55% to Trigger Rotation

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Key Takeaways Bitcoin fell below $68,000 on June 2, 2026, pulling bitcoin dominance ( BTC.D) down to roughly 58%. Blockchain Center’s Altcoin Season Index reads 49, still 26 points below the 75 threshold for confirmation. A sustained BTC.D break below 55% is needed before a broad altcoin rotation can be confirmed. Bitcoin Dominance Slides as BTC Loses Ground Bitcoin dominance ( BTC.D) stood at approximately 58.0% to 58.7% as of early June 2026, according to several data aggregation sites. That is down from roughly 59.2% the prior day and 60.0%…

The Last Time Ethereum Did This Against Bitcoin, It Exploded Above $4,000

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Ethereum is back at a point on its Bitcoin pair where the price action has always started to ask a dangerous question: is ETH still weak, or is it being priced for another rotation? A new ETH/BTC chart shared by crypto analyst BLADE shows Ethereum falling through 14 straight lower closes against Bitcoin, taking the pair below the same relative strength zone during its February low. The setup matters because the last visit to that area came at a moment of heavy pessimism around Ethereum. A few weeks later, ETH…

Bitcoin Keeps Selling Off as BTC Price Dives Below $67,000

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Bitcoin (BTC) losses passed 6% after Wednesday’s Wall Street open as a cascade of liquidations gathered pace. Key points: Bitcoin falls below $67,000 for the first time since the first week of April as losses pile on. Liquidations hit $1.25 billion over 24 hours as analysis sees the mid-$50,000 range returning. BTC/USD appears to repeat a bear flag breakdown from earlier in the year. BTC price dives to $66,950 in liquidation cascade Data from TradingView showed BTC/USD dropping as low as $66,948 on Bitstamp. BTC/USD one-hour chart. Source: Cointelegraph/TradingView That…

The Onchain Line Behind Every Bitcoin Bottom Sits Near 40%, Short of ‘Maximum Opportunity’

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Key Takeaways Cryptoquant contributor MorenoDV says the stress gauge sits near 40%, below the deeper readings that marked past bottoms. Bitcoin opened June below $70,000 after a $2.43 billion May spot ETF outflow, the worst of 2026. MorenoDV urges patience, noting the strongest entries appear only after selling exhaustion is confirmed. A Line That Keeps Marking Bottoms MorenoDV pointed to an onchain stress measure that he says has lined up with every major bitcoin bottom for over a decade. The indicator tracks how much financial stress the market is absorbing,…