Bitcoin has fallen back toward $64,000 after a hawkish Federal Reserve outlook erased a relief rally driven by easing Middle East tensions, with traders now debating whether support near $64,000 can prevent a deeper retracement toward June lows. According to data from crypto.news, Bitcoin ($BTC) climbed to an intraday high of $66,315 on June 17
Bitmine has strengthened expectations for a potential stock rally after Chairman Tom Lee highlighted the company’s chances of joining the Russell 1000 index ahead of the benchmark’s latest reconstitution update. According to Tom Lee, the updated list of companies entering and exiting the Russell 1000 is scheduled for release on June 18, with Bitmine Immersion
Strategy has returned to the spotlight after QCP estimated its current liquidity runway for dividend payments at about seven and a half months. According to market maker QCP, Strategy’s current liquidity position could support dividend payments for roughly seven and a half months, raising the possibility that the company may need to sell additional Bitcoin
Inveniam, the data infrastructure company that anchors more than $200 billion in private-market assets on-chain, has moved to close an industry gap with its latest partnership with Docugami. Both parties have come together to bring verifiable, element-level document data to real-world assets. Like most sectors, artificial intelligence has found its way into private markets; however,
The Federal Reserve stood pat on Wednesday, keeping its benchmark interest rate steady while policymakers monitor economic data and inflation progress that’s grown complicated by geopolitical tensions in the Middle East. The U.S. central bank maintained a target range for the federal funds rate of 3.5% to 3.75%, the fourth time this year in which
Bitcoin endured a heavy liquidity outflow between October 2025 and February 2026, before staging a rebound across March and April that largely restored the positive sentiment surrounding the asset. That relief rally proved short-lived, however, as Bitcoin [$BTC] slipped back onto a downward path through May and has held to that same structure since June
Billionaire Ricardo Salinas Pliego, one of the richest people in Mexico, announced that he has allocated approximately 70 percent of his investment portfolio to Bitcoin ($BTC). Salinas, ranked as the seventh richest person in Mexico, argued that fiat currencies are destined to lose purchasing power over time, while stating that Bitcoin is one of the
Bitcoin’s price is losing ground once again, as the asset was rejected at over $66,000 earlier today and dumped to $64,000 minutes ago, shortly after the conclusion of the latest FOMC meeting and the subsequent press conference by the new Fed Chair, Kevin Warsh. Unlike what many expected when he replaced Jerome Powell, Warsh maintained
Fidelity Investments is the latest Wall Street firm seeking a role in one of the fastest-growing corners of digital assets: managing the reserves that back stablecoins. The asset manager is launching the Fidelity Reserves Digital Fund, a money market fund designed for stablecoin issuers and institutional investors under the reserve requirements established by the recently