Crypto News

Cathie Wood's Ark Invest Resumes Buying Crypto Stocks After A Week-Long Pause - Cathie Wood's Ark Invest Resumes Buying Crypto Stocks After A Week-Long Pause ARKK's price closed up over 2% on Friday, the day of the purchases. On Stocktwits, the retail sentiment around ARKK remained in the 'bearish' zone, while chatter around it shifted to 'normal' from 'high' levels over the past day. COIN stock closed up over 4% during the past 24 hours. On Stocktwits, the retail sentiment around COIN remained in the 'bearish' zone, as chatter around it stayed in the 'high' levels over the past day. Read also: After Bitcoin's Collapse, The Average IBIT Investor Has Swung From A 30% Gain To A 40% Loss, Analyst Says This article has been published...

Senators Demand Answers From CFTC Over Alleged Polymarket Deceptive Advertising - Senators Demand Answers From CFTC Over Alleged Polymarket Deceptive Advertising Senators from both sides of the political aisle are demanding answers from the Commodity Futures Trading Commission (CFTC) regarding alleged deceptive advertising practices by the prediction market Polymarket. In a letter addressed to the CFTC, the senators raised concerns about whether Polymarket, a platform that allows users to bet on various outcomes, is operating within the legal framework established for prediction markets. The senators highlighted concerns about Polymarket's advertising strategies and the potential for users to be misled by information presented on...

Bitcoin holds above $60,000 as ETF outflows, Fed outlook weigh on sentiment

Apple Just Did Something It Wouldn’t Even Do During COVID, and Wall Street Is Freaking Out - Micron Technology (NASDAQ:MU) reported Wednesday night and posted Q3 FY26 revenue of $41.46 billion, up 345.7% year-over-year, with a gross margin of 84.6% and Q4 revenue guidance of $50.0 billion plus or minus $1.0 billion. CEO Sanjay Mehrotra called the results a reflection of "the strategic value of memory in the AI era." Micron is the smoking gun on Campling's component-shortage theory. Memory prices have quadrupled in a year, and that cost is appearing at the consumer end. The stock is up 270% year-to-date. One r/stocks post asked, "345% YoY revenue growth from Micron. Is this just the memory cycle or something bigger?" The OpenAI...

Billionaire Jeremy Grantham Dismisses Bitcoin, Says Crypto Will Fade 'With a Whimper' - Billionaire Jeremy Grantham Dismisses Bitcoin, Says Crypto Will Fade 'With a Whimper' Billionaire investor Jeremy Grantham has expressed skepticism about Bitcoin and the broader cryptocurrency market, suggesting they will eventually "fade with a whimper." Grantham, co-founder of Boston-based asset management firm GMO, is known for his bearish outlook on high-flying asset classes he views as speculative. He argues that cryptocurrencies, including Bitcoin, lack intrinsic value, making them vulnerable to significant declines. Grantham's comments come amidst ongoing debates within the financial community regarding the long-term viability and utility...

Will Bitcoin Crash to $20K? ChatGPT and Claude Explain the Worst-Case Scenario - Will Bitcoin Crash to $20K? ChatGPT and Claude Explain the Worst-Case Scenario Its bullish case assumes institutional demand continues absorbing selling pressure, limiting corrections to roughly 20% to 35%. The base-case scenario envisions a traditional crypto bear market with a drawdown between 40% and 60% before recovery. Only under an extreme combination of macroeconomic and crypto-specific shocks does the model see Bitcoin falling into the $20,000-$30,000 range. Claude Sees $30K More Likely Than $20K Anthropic's Claude reaches a similar conclusion, although it places greater emphasis on Bitcoin's historical market cycles. The model notes that...

Is the Bottom In For BTC USD Price? 22 Months Until Next Bitcoin Halving – Time to Buy? - The article discusses the increasing interest of traders in leveraging the Bitcoin ecosystem beyond just spot BTC. A significant aspect of this is the development of Bitcoin Layer 2 infrastructure. Bitcoin Hyper ($HYPER) is emerging as a notable player in this space by integrating the Solana Virtual Machine (SVM) with a Bitcoin-secured base layer. This integration aims to enhance Bitcoin's capabilities by addressing its existing limitations such as slow transactions, high fees, and limited programmability. The solution involves low-latency Layer 2 processing and a Decentralized Canonical Bridge for native BTC transfers. The ongoing presale of...

Strategy's Saylor Acknowledges 'Volatility Test' as STRC Hits New Low on Bitcoin Weakness - Strategy's Saylor Acknowledges 'Volatility Test' as STRC Hits New Low on Bitcoin Weakness At Bitcoin's recent price, Strategy's stockpile of 847,363 BTC was worth close to $51 billion, or around $13.1 billion underwater. 'Stop Buying Bitcoin': Strategy Needs More Cash Fast, Analyst Says as STRC Hits New Low Nic Carter, founding partner of investment firm Castle Island Ventures, posited in an X post on Thursday that Strategy will need to hike STRC's dividend for an eighth time since its introduction, assessing the product through the lens of a junk bond investor. Although STRC currently offers an 11.5% annual dividend, the implied yield...

Binance to suspend crypto services in several EU countries - [BINANCE TO SUSPEND SERVICES IN EU COUNTRIES] Binance Faces New Regulatory Challenges in Europe Binance, one of the world’s largest cryptocurrency exchanges, is set to suspend services in several EU countries. This move comes as a response to increased regulatory scrutiny across the European Union. Countries affected by this suspension include Germany, the Netherlands, and Italy, where Binance has faced compliance issues with local regulations. Impact on Users Users in the affected countries will need to withdraw their funds and assets before the suspension takes full effect. Binance has assured its customers that they will work to make this transition as smooth as...

NOWPayments Expands Its Ecosystem with Crypto Tax Readiness Toolkits for Global Businesses Amsterdam, Netherlands, June 26th, 2026, Chainwire As crypto adoption accelerates worldwide, accepting digital assets is becoming easier for businesses. Staying compliant across different jurisdictions, however, remains a major challenge. To help address this, NOWPayments and KoinX co-created Crypto Tax Educational Assets – practical, jurisdiction-specific resources designed for businesses exploring or already accepting crypto. Free access available NOW! Rather than theoretical research, the educational assets provide actionable guidance on tax and accounting considerations, reporting expectations, and key regulatory factors businesses should...

Prediction market platform Polymarket tops $1 billion in annualized revenue, source says - Prediction market platform Polymarket tops $1 billion in annualized revenue, source says Polymarket, a prominent prediction market platform, has reportedly surpassed $1 billion in annualized revenue, according to a source with knowledge of the matter. The platform allows users to trade on the outcomes of various events, turning predictions into a market-driven activity. This article has been published in reuters.com via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/prediction-market-platform-polymarket-tops-144753963.html

Kalshi Scores FIFA World Cup Spotlight as Prediction Market Trading Surges to Record - Kalshi Scores FIFA World Cup Spotlight as Prediction Market Trading Surges to Record Kalshi, the prediction market platform, is stepping into the limelight with a groundbreaking collaboration. Its partnership with FIFA for the World Cup represents a significant milestone for the world of prediction markets. The agreement allows Kalshi to offer trades informed by various elements of the World Cup matches. The collaboration is a clear indicator of the increasing legitimacy and interest in prediction markets, which have seen a surge in trading volume recently. Kalshi's innovative approach and real-time trading tools give users a unique way to engage...

Morning Minute: Kraken Eyes 15% Stake in Aave at $385M Valuation - Morning Minute: Kraken Eyes 15% Stake in Aave at $385M Valuation We will see soon if the market corrects or is comfortable with the valuation discrepancy… BlackBerry Surges 20% as It Reinvents Into a Physical-AI Software Play BlackBerry shares jumped nearly 20% on Thursday after an earnings beat and raised guidance, as the former phone maker leaned into its role in the physical-AI and robotics buildout. First-quarter revenue came in at $152.9 million, up 26% year over year and well above the roughly $138 million expected, with adjusted EBITDA up 144% and the company posting its first positive fiscal first-quarter cash flow in nine years. The driver is QNX...

BitGo Joins Crypto's AI Layoff Wave, Slashing Staff by 15% - BitGo Joins Crypto's AI Layoff Wave, Slashing Staff by 15% Crypto custody firm BitGo is the latest in the digital currency space to downsize, cutting its workforce by 15%. This move aligns with a growing trend of cryptocurrency firms reducing their staff amid turbulent market conditions and increasing adoption of AI technology. The company aims to streamline its operations, focusing resources on key projects and initiatives. BitGo is adapting to fast changes within the industry landscape while trying to maintain its competitive edge in the crypto custody sector. Layoff Trends in Crypto and Tech The cryptocurrency sector has been experiencing significant layoffs, akin to...

Bitcoin slips below $60k after PCE inflation gauge hits highest level since 2023

Bitcoin downtrend traps bulls near $61,500: Hourly levels This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. https://www.investing.com/news/cryptocurrency-news/bitcoin-trapped-in-rectangle-bearish-bias-holds-live-levels-93CH-4751799

Bitcoin subdued around $60k as ETF outflows extend into 7th week Investing.com-- Bitcoin slid on Friday, remaining subdued around the key $60,000 level as investors pulled out further from spot exchange-traded funds amid growing anxiety over higher U.S. interest rates. A broader sell-down in risk-driven assets, specifically equities, also kept traders largely cautious towards speculative plays like cryptocurrencies.  Bitcoin fell 2.8% to $60,084.5 by 05:39 ET (09:39 GMT). It was trading down about 5% this week.  Get more insights on crypto markets by subscribing to InvestingPro Bitcoin spot ETFs clock 7th straight week of outflows Spot Bitcoin ETFs clocked a seventh straight week of outflows, data from SoSoValue showed, as...

Polymarket says hackers stole users’ funds - Polymarket says hackers stole users’ funds Cryptocurrency platform Polymarket has reported a security breach where hackers allegedly stole user funds. The company has assured users that it is investigating the incident and working to recover the stolen assets. While details on how the breach occurred remain scarce, Polymarket has expressed its commitment to transparency and user safety. Polymarket is known for allowing users to trade on the outcomes of various events using cryptocurrency. The platform has emphasized that they are collaborating with cybersecurity experts to address the breach and ensure enhanced security measures to protect user assets in the future. As discussions within...

SBI Holdings Says $289 Million Bitbank Deal Will Make It Japan's Largest Crypto Exchange - SBI Holdings Says $289 Million Bitbank Deal Will Make It Japan's Largest Crypto Exchange SBI Holdings Inc. announced an agreement to acquire a majority stake in Bitbank, a move that seeks to combine infrastructure and create Japan’s largest cryptocurrency exchange. The $289 million deal will see SBI Holdings control the largest slice of the Japanese crypto market, offering a comprehensive suite of digital asset services. The acquisition reflects SBI's continued expansion and commitment to growing its digital asset business. Bitbank, known for its secure trading platform and robust security measures, complements SBI’s existing suite of...

Why is Crypto Down and Will it Recover? Options and Inflation Reveal Smoking Gun - Why is Crypto Down and Will it Recover? Options and Inflation Reveal Smoking Gun The Federal Reserve's most-watched inflation gauge slammed a three-year high Today, as the Commerce Department revealed consumer prices soared a shocking +4.1% in May 2026. Now you might be thinking, "Wait, oil prices have fallen, why is inflation still high?" And the answer is more nuanced than the lagging market impact of May's peak oil pricing. Back in April, J.P. Morgan's Chief Global Strategist, David Kelly, flagged that short-term inflation is partly attributable to the so-called "tsunami of spending" flooding into AI development, infrastructure, and usage. Kevin...