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Bitcoin Recovery Begins, SpaceX IPO Breaks Records, US-Iran Peace Deal Fragile: Weekly Recap

The previous business week ended with one of the worst price crashes in bitcoin’s recent history as the asset plummeted to under $60,000 for the first time since late 2024.…

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‘I Never Said the Company Wouldn’t Sell’: Michael Saylor Fires Back After Bitcoin Drop

Bitcoin (BTC) has fallen nearly 15% since Strategy disclosed on June 1 that it sold 32 BTC between May 26 and May 31 for about $2.5 million. MSTR stock, on…

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Why Didn’t Bitcoin Go Higher? Arthur Hayes Blames the AI Spending Frenzy

BTC has been under tremendous pressure as it struggles below $63,000. Arthur Hayes said he believes the AI boom has absorbed a significant portion of newly created dollar liquidity, which,…

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Is Bitcoin Bottoming Out? Long-Term Indicators Shift as Short-Term Pain Persists: Fidelity

“Is Bitcoin flashing bear market continuation, or an early bull market reset?” asked Fidelity Digital Assets on Tuesday. The asset manager noted that BTC has been in a death cross…

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