Former Fidelity Executive Says South Korean Index’s 10% Crash Pulled BTC Be…
In recent developments, mike McCluskey argues that bitcoin’s slide is due to its high-beta relationship with tech equities rather than broken crypto-native fundamentals. The Seoul-to-Nasdaq Contagion On Tuesday, June 23,…
Crypto Traders Push Altcoin Market Below $900B Twice in 24 Hours as Panic Dee…
In recent developments, a crypto sell-off dragged the aggregate altcoin market capitalization below the $900 billion threshold twice within a 24-hour window, hitting brief lows of $872 billion. Is an…
Law Firm Investigates Strategy as MSTR Drops 7% and STRC Crashes to $73
In recent developments, rosen Law Firm announced this week that the business is investigating potential securities claims against Strategy Inc. and Executive Chairman Michael Saylor, as the company’s stock hit…
Bitcoin Slides Nearly 20% in June as $715M in Crypto Long Bets Collapse
In recent developments, bitcoin briefly plunged to a new year-to-date low of $58,035 on Thursday morning before staging a relief rally to trade flat around $59,500. Despite recovering its 24-hour…
Bitcoin drop to $58K brings out bears: Is BTC’s next stop below $50K?
In recent developments, bitcoin’s crash to $58,000 confirmed a bear flag breakdown, setting a new price target of $54,000 or lower. The development has drawn attention from traders and analysts…
Bitcoin drops to $58K on high US PCE inflation as trader sees ‘manipulation’
In recent developments, bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations. Looking closer, market…
South Korean authorities fine Bithumb $136K over sharing user information ove…
In recent developments, the fine comes after an investigation concluded that Bithumb shared information with many overseas exchanges in violation of laws intended to protect user data. Looking closer, market…
Kraken, Maple launch onchain warehouse facility for crypto-backed institution…
In recent developments, kraken’s new facility with Maple brings a traditional warehouse financing model onchain, allowing the exchange to expand its institutional crypto lending business using blockchain-based structured credit. Looking…
21shares trims 2026 crypto forecasts despite institutional adoption gains
In recent developments, asset manager 21shares sees crypto infrastructure advancing faster than prices, as ETFs, stablecoins and prediction markets mature while several 2026 targets slip. Looking closer, market participants highlight…
XRP risks drop below $1, but onchain data highlights silver lining
In recent developments, xRP’s chance of a daily close below $1 are rising, but whale accumulation and shrinking exchange supply may be a sign that traders are buying. Looking closer,…
Bitcoin may fall lower but BTC power-law frames crash to $58K as ‘normal’
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