Peter Schiff, Chief Economist and Global Strategist of Euro Pacific Asset Management, called Strategy Inc.‘s (NASDAQ: MSTR) latest purchase of 1,550 Bitcoin ($BTC) for $101 million “damage control” in an X post on Monday, June 8. The longtime Bitcoin critic argued the move was a quick reaction to possibly calm investors’ nerves. Furthermore, the purchase
Bitcoin is bouncing. After touching lows near $60,000 last week, the price has recovered to trade around $63,800 and the immediate question facing every trader is whether this move higher is the beginning of something meaningful or simply the market catching its breath before another leg down. Based on the technical structure developing across multiple
The complete legislative text for bitcoin-favorite bill H.R. 8957, the American Reserve Modernization Act of 2026, has been made public on the U.S. Congress website, offering lawmakers, industry stakeholders, and the public their first detailed look at the mechanics behind a bill that would permanently codify a Strategic Bitcoin Reserve into federal law. The bill,
ZIGChain integrates Ondo Finance to bring tokenized US stocks and exchange-traded funds (ETFs) onchain, according to information shared with Finbold on Monday, June 8, 2026 ZIGChain, a Layer 1 blockchain built to bring investment products onchain for institutions and everyday users, has announced an integration with Ondo Finance to bring tokenized US stocks and ETFs
While bitcoin -holder listed firm Strategy’s chairman Michael Saylor blamed the AI boom for last week’s bitcoin selloff, crypto investment firm Arca is pointing the finger squarely at Saylor himself. “The selling pressure last week was clearly due to the Saylor/MSTR news,” wrote Arca’s Chief Investment Officer Jeff Dorman in his weekly note, pushing back
Institutional bitcoin treasuries are expanding, with the top 100 holders controlling 1,258,090 $BTC, led by Strategy’s massive 845,256 $BTC position. Key Takeaways: Top 100 institutional bitcoin holders now control nearly 1.26 million $BTC, although Strategy alone accounts for more than two-thirds of that total. Mining firms, technology companies, private enterprises, and treasury vehicles are using
IC3 researchers published a 155-page survey on June 8 examining how artificial intelligence and crypto can support each other. The study says meaningful integration remains early and calls for stronger evidence behind claims that blockchain can make AI agents autonomous, identify generated content, or remove model bias. The paper does not dismiss crypto. It says
Bitcoin has remained under pressure throughout 2026, but analysts at Bernstein have argued that the cryptocurrency’s weaker performance is helping create a more institution-focused market rather than signaling a long-term problem. According to a research note released Monday by Bernstein’s Global Digital Assets team, capital flows into Bitcoin have slowed sharply this year as retail
A confirmed Bitcoin [$BTC] bottom typically requires alignment between technicals and on-chain data. From a technical standpoint, the market is trying to hold a potential Bitcoin bottom around $60k, which would help avoid a deeper drop toward the $50k area. Over the past three days, $BTC has been consolidating near $60k, with nearly $1 billion
In brief OpenAI said it recently submitted a confidential S-1 registration statement for a potential IPO. The company has not decided when—or whether—it will move forward with a public offering. The filing follows months of speculation that OpenAI was preparing to enter public markets. ChatGPT developer OpenAI confirmed Monday that it has confidentially filed an