Key Takeaways Most bitcoin supporters indicated that even a total collapse to $0 would not validate Peter Schiff’s bearish thesis. Respondents also highlighted intermediate thresholds between $20,000 and $1,000, showing persistent optimism despite potential losses. Schiff warned technical weakness could push BTC toward $25,000 to $27,000, intensifying scrutiny of Strategy Inc.’s holdings. Bitcoiners Reject Peter…
Key Takeaways SVP proposed a 10M population cap, straining infrastructure as Switzerland heads to a June 14 vote. Tamedia found 52% favor the law, signaling labor market shifts before Switzerland votes on June 14. Economiesuisse’s Pascal Wüthrich warns the cap will next block EU ties, threatening Swiss market prosperity by 2050. Switzerland To Vote On…
Key Takeaways Top 100 institutional bitcoin holders now control nearly 1.26 million BTC, although Strategy alone accounts for more than two-thirds of that total. Mining firms, technology companies, private enterprises, and treasury vehicles are using bitcoin to diversify reserves, hedge inflation risk, and signal long-term conviction. The data shows broad institutional participation, but holdings remain…
Key Takeaways Senator Warren questioned whether the CFTC can oversee crypto and prediction markets with fewer staff. Prediction markets face growing scrutiny as federal and state regulators clash over event contracts. Congress may expand CFTC authority while Warren seeks records on industry contacts and enforcement decisions. Crypto Oversight in the Spotlight After Warren Questions Federal…
Digital financial services platform Maya has partnered with the Commission on Filipinos Overseas (CFO) to integrate digital payment options for the agency’s services. Under the agreement, non-resident Filipinos and their families will be able to pay for CFO transactions using credit and debit cards, QR codes, and digital wallets. Digitalization of Government Services The partnership…
Mbappé, Cherki, and 3 other France players objected to their images in a Betclic betting promo, L’Équipe says. A 2023 FFF-player convention permits collective image use, so the squad has little recourse against Betclic. Players want a retraction, but the FFF dispute is parked until after the July 19 World Cup. A grievance aimed at…
Key Takeaways Several reports say Seoul police raided Bithumb HQ a second time on June 8, 2026, in the Kim Byung-ki corruption probe. Lawmaker Kim Byung-ki faces 13 suspicions and has been summoned by police approximately seven times. Bithumb denies hiring irregularities; police say the broader investigation requires further work. Second Raid in 4 Months…
Key Takeaways CME’s Fedwatch tool shows a 98.2% probability the Fed holds rates at 3.50%–3.75% on June 17, 2026. Kevin Warsh, confirmed 54-45 and sworn in May 22, leads his first FOMC meeting this month. Goldman Sachs has pushed expected rate cuts to 2027, signaling a prolonged hold period ahead. Warsh Takes the Chair Kevin…
Key Takeaways Polymarket and Kalshi hit $2B in World Cup bets before June 11, next disrupting old sportsbooks. A SEON survey shows 19% of US adults favor prediction platforms, squeezing crypto betting apps. Minnesota and 2 states target Polymarket and Kalshi to classify them under local gambling laws. FIFA World Cup Derivatives Start Moving Billions…
Key Takeaways Bitcoin ETFs lost $1.72B for a 4th straight week, led by Blackrock IBIT’s $1.34B outflow. Ether ETFs shed $168M, while HYPE gained $17M and XRP added $2.6M in fresh inflows. Glassnode data shows ETF outflows at a record pace, signaling more selective allocations. Bitcoin and Ether ETFs Lose $1.89B While HYPE and XRP…
