Tag: Crypto

Bitcoin Must Hold $60,000 Next After $2 Trillion Crypto Market Wipeout

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Bitcoin (BTC) returned below $64,000 after Thursday’s Wall Street open as bulls nursed 13.5% weekly losses. Key points: Bitcoin struggles to stabilize amid its worst week of losses in 2026 so far. $60,000 is the line in the sand for bulls to defend, analysis says. BTC price action with a key trend line closely mimics the 2022 bear market. Bitcoin “sellers remain in control” as $60,000 nears Data from TradingView showed BTC price strength barely recovering after a slide to its lowest levels since early February. BTC/USD one-hour chart. Source:…

Saylor Blasts Bitcoin Doom Narrative, Says $400B AI Frenzy Drained Crypto Capital – Bitcoin News

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Key Takeaways Strategy sold 32 BTC on June 1, 2026, ending its standalone sale streak since 2022. U.S. bitcoin ETFs logged $4B in outflows, adding pressure to BTC prices. Michael Saylor cites $400B artificial intelligence (AI) spending as a key factor to watch next. Strategy Boss Blames $400B AI Spending Wave At 10 a.m. EDT, bitcoin was trading between $63,500 and $64,500. The asset is down 26.5% year-to-date, 11.8% over the past week, and more than 20% during the last 30 days. It also sits roughly 48% to 49% below…

Bankless Co-Founder Reveals New Crypto Portfolio After Ethereum Sale

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Bankless co-founder David Hoffman has disclosed how he redeployed capital after selling ETH, revealing a new portfolio tilted toward VVV, NEAR, ZEC, HYPE and LIT. The move marks a notable shift for one of Ethereum’s most recognizable public advocates and has triggered debate over whether Hoffman is rotating into a new long-term thesis or chasing a different segment of the market. In a post on X, Hoffman said he “immediately took ~50% of the capital to VVV, NEAR, ZEC, HYPE” after selling ETH. The other half, he said, was held…

Crypto Holders Avoid Israel’s Tax Program, Exposing Just $50.7M of Hidden Capital – Bitcoin News

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Key Takeaways In August 2025, the Israel Tax Authority cut anonymity rules, causing crypto disclosures to drop to just 58. The policy shift left Israel with $14 million in revenue, missing a $700 million market collection goal. Taxpayers face a steep compliance hurdle before the current voluntary disclosure track closes on Aug. 31, 2026. Broad Underperformance Across All Assets Israel’s push to surface undeclared cryptocurrency holdings is falling far short of expectations, with new data showing that taxpayers are largely avoiding the country’s latest voluntary disclosure program. According to a…

Bitcoin at $25k? – Peter Brandt & Ran Neuner

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Peter Brandt called Bitcoin’s top to the exact month. Now he’s calling the bottom — somewhere in the $50-60K range. And he says nobody will want to buy it when it gets there. Ran sat down with one of the most respected chartists alive — 6 decades of trading, zero hype. This is the clip everyone in crypto needs to see. Follow Peter Brandt on X: 👉 Subscribe to our channel: 👉 Ran’s Show – Crypto Alpha, News & Fundamentals: 🌎 𝗝𝗢𝗜𝗡…

Bitcoin price slides below $63K as Iran tensions shake crypto markets

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Bitcoin fell below $63,000 on Thursday as the selloff in the crypto market deepened.  Summary Bitcoin dropped below $63,000 as sellers broke the May range and liquidations crossed $1.1 billion. Analysts now watch $60,000, $55,000 and $50,000 as pressure builds across Bitcoin derivatives markets. RSI and MACD readings show Bitcoin is deeply oversold, but bearish momentum remains active. The move pushed BTC to its weakest level since February and extended a sharp decline from its May range. The drop came as renewed U.S.-Iran tensions weighed on wider risk markets. The…

Global Crackdown Targets Southeast Asia Crypto Scam Operations

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Crypto exchange Coinbase said it froze more than $3 million in cryptocurrency tied to a global operation targeting cyber-enabled crypto scam networks in Southeast Asia.  The operation was part of Disruption Week led by the US Department of Justice’s Scam Center Strike Force, which brought together government entities and private industries to tackle crypto fraud targeting Americans.  “This operation is proof that scammers can’t be stopped by any single company or agency acting alone,” said Coinbase.  “It took social platforms, financial institutions, connectivity providers, and law enforcement working in lockstep…

Crypto Is A ‘Failed’ Asset Class, Says Renowned Economist

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Economist and macro trader Alex Krüger has argued that “crypto” has largely failed as an asset class, even as blockchain-based adoption accelerates across stablecoins, tokenization, prediction markets, perps, AI and privacy-focused assets. In a post on X, Krüger drew a sharp distinction between the speculative crypto market of recent cycles and the parts of the industry he believes are still showing meaningful traction. His central claim was blunt: most crypto tokens have failed to produce durable value for holders, while founders and insiders have repeatedly used the sector’s weak guardrails…

XRP Price Takes Another Hit As Bitcoin-Led Weakness Spreads Across Crypto

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Case for the Bulls Continues on Bitcoin, XRP Price Chart & Altcoin Market as Indicators & Macro Rise

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…