Key Takeaways Peter Schiff warned of a “ Crypto Black Monday” as bitcoin fell roughly 24% over the past month. In Schiff’s X poll, 59% of over 15,700+ voters said BTC must hit zero before they concede he was right. Bulls cite RSI levels and model targets near $165,000, with the 2026 low serving as…
Key Takeaways Bitcoin’s RSI-14 hit 24 on June 7, 2026, signaling oversold conditions across shorter timeframes. Bitstamp BTC/USD shows 13 of 15 moving averages in sell territory, with the 200-day EMA at $79,916. Bitcoin must close above $63,000 to $64,000 to challenge the bearish daily trend. 1-Hour Chart: Oversold Conditions and Near-Term Upside Attempts The…
Key Takeaways Travala launched a protocol on June 5, enabling AI agents to autonomously book over 2.2 million hotels. Morgan Stanley predicts agentic retail spending will hit 20% by 2030 as autonomous trades scale. Travala plans to expand its Base blockchain-powered automated protocol to support flight bookings next. Incentives and the Rise of Agentic Commerce…
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Bitcoin capitulated below its 200-week moving average with…
Key Takeaways Hut 8 priced $4.25B of 6.129% notes to fund its 352MW Beacon Point AI campus. The Texas project highlights Hut 8’s shift from bitcoin mining to AI infrastructure. Beacon Point will be rented to a tenant rated AA- or higher. Hut 8 Raises $4.25B to Expand AI Infrastructure Beyond Bitcoin Mining Hut 8…
Key Takeaways Renato Renner’s ETH Zurich team linked 2 qubits over 30 meters to generate certified randomness. Nature study could strengthen cryptography, gaming and security systems beyond classical methods. ETH Zurich’s findings bolster quantum advantage and may reshape security models after 2026. Inside a 30-meter tunnel in Zurich, two qubits traded microwave whispers and out…
Key Takeaways Alla Bakina confirmed that 12 major banks are ready to offer digital ruble services starting September 1. Shifting Russia’s payment market, the digital ruble will deploy across a 9-million-outlet QR network. Roman Artyukhin stated the Treasury is ready to expand CBDC utility after processing 35,000 rubles. Central Bank of Russia: Russian Banks Ready…
Key Takeaways Senators urged regulators to revisit digital asset capital standards affecting banks. The disputed 1,250% risk weight can require capital equal to exposure. Potential rule changes could reshape institutional participation in bitcoin markets. Senate Pressure Builds Over Bank Rules That Could Shape Bitcoin Access U.S. senators disclosed on June 4 a renewed push to…
Key Takeaways The USTR targeted Pix under Section 301, stressing that it hurts U.S. commerce to impose trade sanctions on Brazil. Chile caught 18 Tren de Aragua-linked crypto money launderers, estimated to have processed $88M. Tether-backed Adecoagro is building a sugarcane bitcoin farm to drive green mining in Brazil. US Targets Brazil’s Pix: Trade Report…
Key Takeaways A Joseph Lubin-linked wallet moved 80,001 ETH worth $121.6 million on June 6 after sitting idle for almost 36 months. The transfer landed with ether nearing $1,520, deepening a roughly 47% Ethereum decline through 2026. Markets are watching whether more of the wallet’s 243,300 ETH stake follows it onchain next. A Long-Dormant Wallet…
