Headlines

Adam Forsyth

Saylor’s Bitcoin machine faces a test

A preferred stock that was supposed to behave like a steady, high-yield bond fell to 82 cents on the dollar in a single session. The issuer says it was a leverage flush, not a credit problem. Either way, the new world of Bitcoin-backed “digital credit” just met its first stress test. Summary STRC and SATA…

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the chart vs the story

Every bullish signal is in place. Exchange supply is draining, whales are accumulating, ETF money is trickling in, and a landmark law sits on the Senate floor. And still XRP keeps losing support and failing at the same ceiling. Here is why the chart is winning the argument. Summary XRP lost $1.15 on heavy volume…

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Michael Saylor teases fresh Strategy Bitcoin buy with cryptic dots post

Michael Saylor has again raised speculation that Strategy may be preparing another Bitcoin purchase after posting a short message on X tied to the company’s familiar accumulation chart. The Strategy chairman wrote, “Looks better with more dots,” alongside a Strategy post. Michael Saylor’s dot post revives buy speculation Strategy’s acquisition chart has become a closely…

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ETH holds $1.7K as analysts watch $4.6K path

Ethereum traded near $1,731 at press time, leaving the asset close to the same area it occupied in March 2021.  Summary Ethereum traded near $1,731 on crypto.news, with buyers still waiting for stronger daily confirmation. Ali Martinez sees $1,060 as a value zone before larger rebound targets emerge for ETH. Binance exchange outflows suggest some…

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Polymarket World Cup bets raise questions after $24m wallet profits

On-chain tracker Lookonchain said three wallets made $24.25 million in profits from World Cup betting on Polymarket, raising fresh questions about large traders in crypto prediction markets. Summary Lookonchain linked three winning wallets to one Binance deposit address after posting $24.25M in profits. The wallets allegedly won several World Cup bets, then stopped trading and…

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