by Michael
Key TakeawaysTop 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...
by Michael
Key TakeawaysMost 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...
by Michael
Key TakeawaysSenator 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...
by Michael
Key TakeawaysOpenAI filed a confidential S-1 with the SEC on June 8, 2026, at an $852 billion post-money valuation with no confirmed IPO date.The filing follows Anthropic’s June 1 confidential S-1 and a May 2026 jury win clearing OpenAI’s Public Benefit Corporation...
by Michael
Key TakeawaysPeter Schiff challenged efforts to apply traditional banking standards to stablecoin issuers.JPMorgan CEO Jamie Dimon argued equal oversight is needed for competing financial services.Regulators now face decisions that will determine the rules governing...
by Michael
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...
by Michael
Key TakeawaysJPMorgan flagged Strategy’s ~$1.7B annual dividend bill as a key swing factor for H2 2026 crypto.Strategy sold 32 BTC for $2.5M late last month, its first sale since 2022, to fund preferred dividends.The bank sees under 50% odds the CLARITY Act passes...
by Michael
Key TakeawaysSeveral 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...
by Michael
Key TakeawaysBitcoin rebounded past $64,000 on June 8, recovering from a multi-day sell-off below the $60,000 level.The recovery lifted the broader crypto market cap to $2.26 trillion despite rising Iran-Israel tensions.Liquidations hit $611 million across the crypto...
by Michael
Key TakeawaysCME’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...
by Michael
Strategy bought 1,550 BTC after a rare 32 BTC sale. Bitcoin is stabilising near $63K after a sharp 20% monthly drop. Analysts split on whether the $60K support will hold or break lower. Bitcoin has been moving through a volatile stretch marked by sharp liquidations,...
by Michael
Key TakeawaysPolymarket 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... Translate »