While the cryptocurrency market has been shaken by a sharp correction in recent days, the fact that US stock markets are hitting record highs is confusing investors. Renowned macro analyst and FFTT founder Luke Gromen unveiled the reasons behind this contradiction in a recent broadcast. According to Gromen, Bitcoin is the “last working smoke detector”
In brief Strategy’s stock tumbled to a four-month low on Friday, and its flagship preferred stock slipped again. Benchmark-StoneX analyst Mark Palmer said STRC’s swoon “isn’t a real concern,” noting that the firm can hike its dividend to stoke demand. After Strategy disclosed that it sold 32 Bitcoin for $2.5 million this week, the company’s
Bitcoin price has fallen below $60,000 today, extending its 10-day decline to about $19,000 as selling pressure accelerated across the crypto market. More than $155 million in crypto long positions were liquidated within 60 minutes and $1.5 billion in the last 24 hours, adding to volatility as $BTC moved below the key $60,000 support area.
Bitcoin price has fallen below $60,000 after a stronger-than-expected U.S. jobs report prompted traders to scale back expectations for Federal Reserve rate cuts and price in a higher probability of policy tightening later this year. According to data from crypto.news, Bitcoin ($BTC) price fell to an intraday low of around $59,100 on June 5 before
Cathie Wood says the biggest IPO opportunity now arrives before a company ever lists, with most investors missing the steepest growth while firms stay private. The ARK founder framed SpaceX’s record filing as the start of a wider late-stage pipeline. Her firm holds six private companies it expects to list, each already at public-market scale.
Bitcoin briefly dropped below the critical $60,000 mark on Binance on June 5, marking the pioneer crypto’s first break beneath that level since October 2024. The move comes amid a broader risk-off selloff across financial markets, as investors react to strong U.S. employment data, persistent fund outflows, and growing concerns over liquidity conditions. Bitcoin Price
To figure out whether the market has bottomed, it really comes down to who’s in control right now: conviction or capitulation. Currently, both technicals and on-chain data are starting to line up. From a technical standpoint, Bitcoin is down roughly 16% this week, which has clearly triggered a wave of FUD, with price now testing
Securitize has moved closer to entering public markets after securing regulatory clearance for its planned SPAC merger. According to the U.S. Securities and Exchange Commission, the agency has declared effective the S-4 registration tied to Securitize’s proposed combination with Cantor Equity Partners II, clearing the deal for a shareholder vote scheduled for June 29. If