BofA Securities has initiated coverage of TeraWulf Inc. (NASDAQ: WULF) with a “Buy” rating and a $34 price target. It is worth noting that the telecom analyst Michael Funk titled the research report, “Bye Bye Bitcoin. Hello AI data centers,” to underscore the pivot toward the leading cryptocurrency. Pivoting to AI TeraWulf is currently repurposing
Following positive news from the US and Iran, Bitcoin recovered from around $60,000 and rose above $66,000 during the day. While predictions of further declines and a potential bottom for Bitcoin continue, analysts have shared their updated analyses. Buying Has Returned in Bitcoin, Price is Rising! According to Glassnode analysts, buying pressure has returned to
Dogecoin (DOGE) developer Dogecoin Cash has filed a utility patent application with the U.S. Patent and Trademark Office (USPTO) to protect core technology for its blockchain ecosystem, as reported by The Wall Street Journal. The move signals a significant step toward formalizing the technical infrastructure behind one of the most widely recognized cryptocurrencies. Patent Details
Bitcoin ($BTC) price received a bullish prediction for July 1, 2026, from Finbold AI Agent, an advanced financial assistance tool. The average Bitcoin price prediction for the first day of July could be $66,263, according to analysis from Finbold AI Agent. With $BTC trading at about $66,146, AI predicts an average Bitcoin price surge of
Bitcoin is pressing against the stubborn $64,360 resistance level after several failed breakout attempts. A fresh bullish trend flip on the four-hour chart suggests momentum is improving, but buyers still need to prove they can hold the move. Bitcoin Hits a Wall Again as $64,360 Resistance Refuses to Break Bitcoin continues to struggle beneath a
Strive, Inc. (Nasdaq: ASST) has purchased 73 bitcoin at an average cost of approximately $63,646 per coin, for a total of roughly $4.7 million, the Dallas-based bitcoin treasury company disclosed in a Form 8-K filing with the Securities and Exchange Commission on Monday. The purchase was made between June 8 and June 14, pushing Strive’s
Summary Standard Chartered analyst Geoffrey Kendrick says bitcoin likely hit its cycle low around $59,000, citing improving investor flows, corporate buying and easing macro pressures. His confidence grew after MicroStrategy resumed bitcoin purchases, U.S. spot bitcoin ETFs returned to net inflows and oil prices continued to fall, reducing inflation worries. Kendrick says a decisive break
A sustained decline in Bitcoin’s price could set off a wave of mergers, acquisitions, or restructuring among Digital Asset Treasury (DAT) companies, according to Ben Workman, Chief Investment Officer at Strive. Speaking at the $BTC Prague event, Workman outlined how the aggressive debt-fueled strategies many firms adopted during last year’s crypto rally are now exposing
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1812.32, up 5.9% (+100.88) since 4 p.m. ET on Friday. All 20 assets are trading higher. Leaders: TAO (+31.9%) and NEAR (+22.2%). Laggards: BNB (+2.5%) and BTC (+4.2%). The