Author: admin

In BlackRock Bitcoin news today, iShares Bitcoin Trust, better known as IBIT, shed $1.3Bn in net redemptions during the week of June 22–26, according to Farside Investors flow data. That single fund accounted for 72.9% of the $1.79Bn that left the entire US spot Bitcoin ETF complex that week, the clearest sign yet that the vehicle Wall Street built to bring institutional money into Bitcoin can run just as efficiently in reverse. Bitcoin ETF investors are underwater. The average investor in BlackRock’s IBIT is now down roughly 40%, after sitting on a 30% gain as recently as mid-2025. U.S. spot…

There was no altseason during the last bull market, and most of them have collapsed during the bear market. Is the era of altcoins over? Altcoins are arguably the segment that has suffered the most throughout this bear market, said CryptoQuant analyst ‘Darkfost’ on Tuesday. 84% of altcoins are trading below their 200-day moving average and are in a “state of total underperformance,” he added. “Every attempt at a momentum recovery has failed outright,” he said, adding that the altcoin market capitalization (excluding ETH) continues to slide, with a weekly close below the 200 DMA now confirmed. Altcoin Apocalypse This…

The Dow Jones Industrial Average (DJIA) closed above 52,000 for the first time on Monday, June 29, powered by Alphabet’s blue-chip debut and a broad rally in semiconductor stocks. The index gained 306.63 points, or 0.59%, to finish at 52,182.74. The S&P 500 rose 1.18% to 7,440.43, and the Nasdaq Composite surged 2.07% to 25,820.14. Alphabet’s Dow Debut Lifts Sentiment Alphabet (GOOGL) climbed nearly 5% on its first session as a Dow member after replacing Verizon in the index. The addition carries more symbolic weight than mechanical impact, as the stock already sits in the S&P 500 and Nasdaq 100,…

• The token traded in a $0.0435 range and continued to hold above the $1.00 psychological support level.• The main burst of activity came on June 29 at 17:00, when volume reached 86.5 million XRP, about 67% above the 24-hour average.• Price later consolidated between $1.03 and $1.06, leaving the market range-bound rather than in a confirmed recovery.Technical Analysis• The key development is that XRP continues to defend $1.00 even after a 19% monthly decline.• The leverage reset improves the setup. Open interest has fallen sharply, funding has turned negative and forced long liquidations have cleared out crowded positioning.• The…

The US Supreme Court ruled 5-4 on June 29 that President Donald Trump cannot remove Federal Reserve Governor Lisa Cook, for now. Still, the decision preserves the Fed’s independence at the worst possible time for Bitcoin. The ruling locks in a hawkish Fed that has already eliminated rate cut expectations for 2026 and put hikes back on the table. High rates keep pressure on zero-yield assets like Bitcoin, and Monday’s decision removes one of the few near-term paths to a more dovish board. A Hawkish Fed Just Got More Secure Cook’s survival matters for rate policy. Trump wanted her gone…

Cryptocurrencies are considered a high-risk asset class. Investing in them may result in the loss of part or all of your capital. The content on this website is intended solely for informational and educational use and should not be interpreted as financial or investment advice. Bitcoin is currently locked in a tense battle to defend the critical $60,000 level. Down 6.65% over the past week and 18.4% over the last 30 days, the leading cryptocurrency is facing a challenging macroeconomic environment. Yet, while spot prices experience short-term turbulence, smart money is quietly rotating into the network’s underlying infrastructure. The prime…

Bitmine owns 4.7% of the total ETH coin supply of 120.7 million Bitmine is 94% of the way to the ‘Alchemy of 5%’ in just 11 months Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026 Bitmine’s Series A Preferred Stock is trading on the NYSE under the symbol BMNP Bitmine has 4,879,157 staked ETH, representing $7.7 billion at $1,569 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors Bitmine owns $74 million of Eightco, now one of the only publicly listed equities in the world…

Binance will halt services for EU users after MiCA setback. BNB token price has fallen 13.2% over the past month. Bitcoin miner inflows to Binance hit a four-month high. BNB token remained under pressure on Friday as investors weighed Binance’s regulatory setback in Europe against the token’s long-term role within the Binance ecosystem. The token traded at $566.26, down 0.3% over the previous 24 hours. During that period, Binance coin (BNB) moved between $541.77 and $569.04, showing that buyers managed to push the price close to the day’s high despite negative headlines. Even so, the broader trend has remained weak.…

U.S. Representative Maxine Waters may soon return to the helm of the House Financial Services Committee if Democrats perform as expected in the November elections, and she’s asking that the Department of Labor back away from a proposal that would encourage the managers of 401(k) retirement plans to offer alternative investments, including cryptocurrency.In March, the Labor Department proposed a rule to implement what President Donald Trump had ordered: that people’s 401(k) accounts be open to investments in private equity, private credit, real estate, commodities and digital assets. Waters filed a detailed, 11-page comment letter with the department this week, requesting…

Bitcoin BTC$60,341.19 found some footing around $60,000 on Friday after this week’s selloff, but the biggest gains came from decentralized finance (DeFi) and the Solana ecosystem.Leading the advance was the native token of Aave AAVE$94.39, the largest DeFi lending protocol, which jumped 19% over the past 24 hours. CoinDesk reported Thursday that crypto exchange Kraken is exploring a strategic investment tied to the lending protocol, acquiring a 15% stake at a $385 million valuation.Aave founder Stani Kulechov pushed back in an X post against the suggestion that Aave assets could be sold at a steep discount. He reiterated that all…