Author: Oguz Ozdemir
Bitcoin (BTC) hit week-to-date lows at Tuesday’s Wall Street open as analysis put $65,000 as bulls’ level to beat.Key points:Bitcoin needs to revisit $65,000 for bulls to take charge, says new BTC price analysis.Bear market history continues to play out as BTC/USD loses key supports.Iran peace hopes see oil fall below $88 for the first time this month.Bitcoin price copies bear-market history with support lossesData from TradingView tracked 1.2% BTC price downside on the day as sell-side pressure returned ahead of key US inflation data.A double rejection at $64,200 put BTC/USD on course for another test of the key $60,000…
The U.S. Federal Reserve’s first FOMC meeting under new Fed Chair Kevin Warsh is coming up later this month on June 17. Wall Street analysts are becoming more optimistic that the Fed will hold rates at their current level for the rest of 2026. Wall Street Expectations Around June 16-17 FOMC Meeting In a survey of 102 economists on June 4-9, 72 economists predicted the benchmark federal funds rate will stay in the 3.50% to 3.75% range through 2026, per Reuters. The results are the most unified yet in 2026 that policymakers are unlikely to start reducing borrowing rates any…
Darius Baruo Jun 09, 2026 04:38 The UK FCA proposes allowing retail funds to allocate up to 10% to crypto, balancing market innovation with investor protection. The UK’s Financial Conduct Authority (FCA) has proposed allowing retail-focused investment funds to allocate up to 10% of their portfolios to crypto exchange-traded notes (ETNs), marking a cautious step forward in integrating crypto within traditional financial products. The proposal, outlined in a consultation paper published Friday, aims to close a regulatory gap while balancing investor protection and market innovation. The consultation runs until July 13, 2026. This…
In SEC crypto news, we’re taking a look at May 19, 2025, when Coinbase became the first crypto-native company ever admitted to the S&P 500, the same index that tracks trillions of dollars in passive investment and sits inside millions of American retirement accounts. COIN stock had already surged roughly 24% on the day of the announcement, and by June 2025, it was the top-performing constituent in the index. That milestone arrived almost exactly two years after the SEC sued Coinbase in one of the most consequential enforcement actions in crypto history, a case the agency ultimately dropped with zero…
Bitcoin’s latest oversold RSI mirrors 2020 and February 2026 setups that preceded 50% and 30% rebounds, putting $70K back in focus.
Dogecoin (DOGE) price is down 18% between June 1 and June 6 to trade at $0.082 at the time of writing. This drop comes even as Elon Musk’s SpaceX heads into an IPO on June 12, a move that could cause some buy-side pressure because, in 2021, Musk had said that SpaceX would send a satellite to the moon through a mission funded by Dogecoin. Dogecoin Price Falls to 2024 Lows Ahead of SpaceX IPO Dogecoin briefly fell to $0.07 on June 6, and that was the first time it had dropped to $0.07 since February 2024. But this drop…
Strategy and Bitmine lead the pack with massive unrealized losses. The past week or so has been nothing short of a bloodbath in the cryptocurrency markets, with bitcoin plummeting to $59,000 on Friday for the first time in 19 months. Aside from losing more than $20,000 in approximately three weeks, BTC’s calamity dragged almost all altcoins. This has intensified the pressure on the largest corporate holders of those assets, and the analysts at Lookonchain provided specific numbers about the extent of those companies’ paper losses. UPDATE: Tom Lee (@fundstrat)’s #Bitmine is down $10.35B. Michael Saylor (@saylor)’s #Strategy is down…
Singapore-based crypto travel platform Travala has launched a protocol it says lets artificial intelligence agents search, reserve and pay for hotels with USDC (USDC) on layer-2 blockchain Base, extending agentic AI stablecoin payments into travel bookings.The Travala Travel MCP is live through Claude Desktop, with outside developers able to integrate it into their own travel agents, Travala said in a statement sent to Cointelegraph.The company said the system connects Travala’s hotel inventory to AI agents through the Model Context Protocol, an open standard for linking AI apps to external tools. Payments use Coinbase’s x402 protocol on Base, with Travala saying…
Bitcoin fell to as low as $61,400 overnight before trimming losses to $62,400 in premarket hours Thursday, down 7% over the past 24 hours and more than 14% over the past week. Strategy and Michael Saylor’s MSTR is down nearly 15% in 5 trading days. The drop has pushed bitcoin into a technical bear market, with bitcoin now off 22.7% from its four-week high, wiping out more than $600 billion in total crypto market value. At the center of the debate is Strategy Executive Chairman Michael Saylor, who took to X on Thursday morning to offer his read on the…
Bitcoin is enduring a multi-front assault on its spot market liquidity as exchange-traded funds, short-term speculators, and cryptocurrency miners simultaneously distribute assets.This coordinated selling pressure has drained market demand at the fastest pace since the 2022 collapse of the Terra/Luna ecosystem.As a result, BTC’s price has tanked 12% over the past week, pushing the top crypto towards the $60,000 level amid heavy hedging activities from market traders. BTC is exchanging hands at $64,036 as of press time, according to CryptoSlate’s data.Yet, this spot-market flush has created a structural paradox that could still catapult BTC’s value.The volume of selling has twisted…