50 min temu
Peter Schiff says Bitcoin could slip under $20,000 if $50,000 breaks
Bitcoin critic Peter Schiff said BTC could drop below $20,000 if it falls through $50,000, arguing market sentiment remains overly complacent. He made the comments with Bitcoin near $67,000, down more than 4% over 24 hours and over 16% across 30 days. Schiff also warned Strategy's STRC yield setup could turn into a self-reinforcing decline if investors question the company's ability to maintain payments.
BTC
BTC-3.14%
50 min temu
1 dni temu
EDGE Token Slides to ~$0.40 on June 1 as ZachXBT Challenges edgeX's Explanation
EDGE fell to an all-time low of around $0.40 on June 1 after previously reaching $1.54, with the move erasing about 51% in a single day and sparking roughly $6.2 million in liquidations. edgeX said the protocol was not compromised and blamed suspected external market manipulation, while on-chain researcher ZachXBT questioned the token's supply concentration and criticized the project's self-investigation.
EDGE
EDGE-8.12%
1 dni temu
1 dni temu
Analyst: Bitcoin May Set New Summer Highs if $73,000 Support Holds
Bitcoin is hovering just above the $73,000 area, which analyst Michaël van de Poppe said on June 1 could act as the make-or-break support for a summer breakout. He argued that holding $73,000 could fuel roughly two strong weeks of upside, while losing it may raise the risk of a deeper pullback toward $61,000. BTC was also described as ranging near $74,200 resistance and about $72,700 support, as spot Bitcoin ETFs have faced notable outflows since mid-May.
BTC
BTC-3.14%
1 dni temu
1 dni temu
Report: Banks See Yield-Bearing Stablecoins as a Threat to Deposits
A June 1 post by analyst EGRAG CRYPTO argues banks are pushing back against stablecoins because they let users hold and move dollar value outside bank deposits, with the potential to earn yield. He said banks can lend deposits at 6% to 28% while paying depositors 0.1% to 0.5%, a spread he believes yield-bearing stablecoins could erode. Separate estimates cited in the report project U.S. banks could lose around $500 billion in deposits to stablecoins by end-2028 as the sector grows to about $320 billion.
USDC
USDC+0.00%
1 dni temu
5-30
XWIN: Bitcoin Lags Record Stocks as ETF Flows Turn Negative and Liquidity Thins
Global equities have pushed to fresh highs, while Bitcoin (BTC) trades nearly 42% below its all-time peak. XWIN Japan argues the gap reflects different drivers—stock gains tied to AI-related earnings and buybacks, versus BTC's reliance on new liquidity, as spot Bitcoin ETFs saw more than $3.5 billion in outflows since May 15. The firm says a recovery would likely require stronger ETF inflows, higher on-chain activity, and a better Coinbase Premium.
BTC
BTC-3.14%
5-30
5-29
Strategy Deposits 411.48 BTC (Over $30M) to Coinbase Prime as Sell Bets Rise
On May 29, Strategy transferred 411.48 BTC worth over $30 million to Coinbase Prime, prompting traders to speculate about the firm’s intent. Separately, Polymarket showed an 84% probability that Strategy will sell some Bitcoin before December 31, 2026. The move follows comments from Executive Chairman Michael Saylor suggesting BTC sales could be an option in certain scenarios, even as he posted “HODL” shortly before the transfer was highlighted.
BTC
BTC-3.14%
5-29
5-29
Aave Labs' UK Units Gain FCA Registration to Run Crypto Exchange Services
Aave Labs said on May 28 that its UK subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., were registered by the Financial Conduct Authority (FCA) to operate as cryptoasset exchange providers. The registration also permits electronic money issuance under the Electronic Money Regulations 2011, and Aave said the approvals support regulated payments infrastructure including stablecoin on- and off-ramps. Despite the update, AAVE was down about 5% over 24 hours to around $81 at the time of writing.
AAVE
AAVE-1.63%
5-29