Strategy’s Michael Saylor has rebuffed fears that a crypto market winter will return, suggesting Bitcoin’s increased adoption and constrained daily supply will see it rally to $1 million. “Winter is not coming back,” Saylor told Bloomberg on Tuesday. “We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million.” Billion-dollar asset…
Read more
Bitcoin may be on the verge of reclaiming its all-time high of $111,970, but crypto analysts say there’s little fundamental support for the asset to meaningfully break above the level. “The risk of a short-term correction continues to build — especially in the absence of a strong catalyst to push Bitcoin decisively above the current…
Read more
BlackRock’s spot Bitcoin exchange-traded fund has become the fastest ETF in history to surpass $70 billion in assets under management. “IBIT just blew through $70b and is now the fastest ETF to ever hit that mark in only 341 days,” ETF analyst Eric Balchunas said in a June 9 X post. IBIT could surpass Satoshi…
Read more
Tether CEO Paolo Ardoino says the stablecoin issuer has no intention of going public, just days after rival Circle made its debut on the New York Stock Exchange (NYSE). “No need to go public,” Ardoino said on June 7, just two days after Circle, which is behind the stablecoin USDC (USDC), entered the public market…
Read more
A collective statement from 31 Bitcoin core developers has sparked a global debate between Bitcoiners after suggesting a hands-off approach to how the Bitcoin network is used, amid ongoing controversy over non-monetary use cases. “This is not endorsing or condoning non-financial data usage, but accepting that as a censorship-resistant system, Bitcoin can and will be…
Read more
The Bitcoin community is calling on Tesla CEO Elon Musk to stack Bitcoin as a way to gain the upper hand in his ongoing public feud with US President Donald Trump. “The best way for Elon to get back at Trump is by full porting Bitcoin,” crypto trader and analyst Will Clemente said in a…
Read more
The US Federal Reserve cutting interest rates earlier than the market expects could drive Bitcoin back up toward $112,000, says a market analyst. “When these two further rate cuts come, if they’re coming a lot sooner than expected, that will then impact heavily on the future price moves or crypto on Bitcoin and some other…
Read more
Investors who went long on Bitcoin saw significant losses over the past 24 hours as the cryptocurrency dipped nearly 3%, nearing a retest of the $100,000 level. The price decline comes as the feud between US President Donald Trump and billionaire Elon Musk intensifies, and those holding Bitcoin (BTC) for over 155 days keep selling…
Read more
The ongoing loop of tariff uncertainty from US President Donald Trump is the most significant risk for those betting big on Bitcoin over the next two months, a crypto analyst warns. “The biggest threat to bulls right now is that nothing changes over the next two months, and we just stay trapped in this cycle…
Read more
Bitcoin may surge to new all-time highs above $115,000 next month if institutional buying continues and US job data is “weaker-than-expected,” say analysts. “In a bullish scenario, driven by strong institutional interest and ETF inflows, Bitcoin could touch $115,000 or higher by early July,” Bitfinex analysts told Cointelegraph. Bitcoin pullback of “some concern,” but sentiment…
Read more