Benjamin Cowen, a cryptocurrency analyst closely followed by the public, highlighted the “Bear Market Resistance Band” and the 200-week moving average (MA) as critical factors in determining the market’s direction in his latest analysis of Bitcoin (BTC) price movements. Cowen stated that Bitcoin is currently in a “damned if you do, damned if you don’t”
HIVE Digital (HIVE) shares soared on Monday morning as investors reacted to the firm’s recently announced pivot from BTC mining into AI and high-performance computing (HPC) infrastructure. Late last week, HIVE said its wholly owned subsidiary, BUZZ HPC, signed a massive three-year commercial contract valued at about $220 million. According to the press release, BUZZ
Amid the ongoing downturn, recent analysis shows that every major Bitcoin bear market has ultimately found a bottom following a black swan event. For context, black swan events cause sudden, largely unexpected crises that trigger sharp panic selling across the market, including Bitcoin. However, once the initial turmoil subsides, markets have historically transitioned into recovery
On June 22, Solana unveiled the arrival of tokenized Micron Technology (MU) stock on the Solana blockchain via Sunrise, which will be issued by Backpack Securities. The announcement comes at a time when Micron is planning to roll out its fiscal Q3 2026 financial report on June 24, 2026. Recently, Micron has also announced a
Bitcoin and major altcoins have continued to bleed as some of the biggest buyers pull capital from ETFs. Spot Bitcoin ETFs recorded nearly $227 million in outflows in the past week, according to market data from SoSovalue. The latest record extends the outflow streak to six straight weeks, although it’s the least amount for that
Where the Money Is Going Bitcoin is trading near $64,600 as of Monday, June 22, 2026, sitting roughly 50% below its October 2025 all-time high of approximately $126,198. The year-to-date loss stands at around 27%, with price action testing lows near $60,000 earlier this year. Kalshi on X on Monday morning. Against that backdrop, Kalshi‘s
The $XRP Ledger (XRPL) continues to attract capital into its real-world asset (RWA) ecosystem even as major blockchain networks face heavy outflows. Data shared from RWA.xyz shows XRPL recorded $1.7 billion in net RWA inflows over the past 60 days. In contrast, several leading networks posted significant declines during the same period. Ethereum led the
Elon Musk, CEO of Tesla and SpaceX, believes the global economy could grow tenfold over the next decade. In a podcast with Peter Diamandis, Musk described the growth as a “fairly comfortable” outcome. He said advances in AI, automation, and space infrastructure will greatly increase global output by 2036. However, he noted that a conflict,