Key Takeaways Peter Schiff believes bitcoin will crash below $20,000, an 80%-plus drop from recent highs. The warning landed as bitcoin slid to $65,700, reviving debate over leverage and institutional exposure. Trackers count more than 20 Schiff bitcoin-collapse calls, so the test is whether this one finally lands. A Familiar Bear Returns to the Spotlight Peter Schiff, the economist and gold proponent who has spent more than a decade warning against bitcoin, said that the cryptocurrency will crash below $20,000. The call arrived as bitcoin slid as low as $65,700,…
Tag: Bitcoin
Bitcoin Falls to $65,710 as Record ETF Outflows and Strategy Sale Rattle Market
Key Takeaways Bitcoin dropped close to $65,700 on June 3, hitting another intraday low after $66,346. Spot bitcoin ETFs bled an estimated $3.5 billion in their longest outflow streak since 2024. Traders are now watching the $60,000 support level after Strategy disclosed its first BTC sale in nearly four years. A Broad Crypto Rout Gathers Pace Bitcoin is extending one of its sharpest selloffs in months, with the decline pulling the wider market lower, with ether dropping under $1,900 as leveraged traders rushed for the exits. The move capped a…
Bitcoin Drops 7% to Nine-Week Low Amid US-Iran Strikes
Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have stalled.ย Bitcoin (BTC) fell to $65,385 on Coinbase in early trading on Wednesday, its lowest level since late March, according to TradingView. The slump follows the largest daily fall since Feb. 5 as BTC shed more than $4,500 on Tuesday.ย According to CoinGlass data, around 277,000 traders have been liquidated over the past 24 hours, with total liquidations of around…
Becoming a Millionaire by 30, Warren Buffett Shares His Proven Strategy โ Bitcoin News
Key Takeaways Warren Buffett and Charlie Munger built Berkshireโs 1978 partnership on trust and debate. Berkshireโs 2 key bets, Coca-Cola and American Express, favored patience over fads. Buffettโs next lesson is simple: pick 3 traitsโbrains, honesty and energy. By 30, Warren Buffett had already crossed the seven-figure mark, but he says the most valuable asset on his balance sheet was something you cannot buy: the right partners. For decades, his alliance with Charlie Munger powered Berkshire Hathaway, a study in patience, discipline, and ideas sharpened by honest debate. In interviews…
Bitcoin Bulls Crushed: Sub-$70,000 Crash Flushes $428M In Longs
Data shows bullish bets related to Bitcoin have suffered a massive amount of liquidations as the asset’s price has plunged below the $70,000 mark. Bitcoin Falls Below $70,000 For The First Time Since April Following up on the bearish tone set during the second half of May, Bitcoin has opened June with another drawdown as its price has slipped under $70,000 for the first time since April 7th. Below is a chart that shows how the latest bearish action has looked for the cryptocurrency. Over the last 24 hours, Bitcoin…
Binance Research Links Bitcoin Weakness to Record S&P 500 Capital Inflow
Key Takeaways Binance Research says Bitcoinโs 11% Q2 2026 drop tracks capital rotating into AI and energy. Cboe Dispersion Index hit 42, suggesting U.S. stock gains are concentrated in a few sectors. Binance Research says bitcoin often bottoms within 0-20 weeks absent a crypto crisis. Cboe Dispersion Index Hits 42 as Bitcoin Competes With AI Stock Rally Bitcoinโs latest pullback may have less to do with crypto-specific stress and more to do with Wall Streetโs crowded trade in U.S. equities, according to Binance Research. The institutional research arm of Binance…
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Bitcoin Treasury Companies Face a Borrow-or-Sell Test
Key Takeaways Strategy sold 32 BTC as traders assessed corporate treasury liquidity decisions. Dividend obligations are increasing scrutiny on reserves, borrowing options, and BTC exposure. Institutional credit structures could reduce forced selling among bitcoin treasury companies. Bitcoin Treasuries Face a New Borrow-or-Sell Test Strategyโs bitcoin sale drew attention less for its size than for what it revealed about treasury pressure. The company remains the most visible public bitcoin holder, making even modest BTC sales relevant to traders watching the model. The focus now extends beyond accumulation to the harder question…
Bitcoin Price In Freefall As Panic Sweeps Through The Market
Bitcoin price started a fresh decline below the $70,000 zone. BTC is consolidating and might continue to move down if it dips below $66,000. Bitcoin failed to stay above $70,500 and extended losses. The price is trading below $70,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $67,500 and $68,500 levels. Bitcoin Price Nosedives Bitcoin price failed to…
XRP: “EXTREME UNDERVALUED ZONE FOR XRP” On-Chain Analytics Firm Reports
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Follow me on X: @moonlamboio โ ๏ธ DISCLAIMER: I am not a financial adviser. None of what I have communicated verbally or in writing here should be considered financial advice; it is not. Do your own research before investing in any asset or market, and understand that investing โ including in cryptocurrency โ carries risk. If you do, you need to be prepared to lose your entire investment. โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Youtube version