Peter Schiff warns: Bitcoin’s drop below $71,000 exposes underlying vulnerabilities. He advises investors not to wait for $MSTR to act—take steps now to protect your portfolio.
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Mt. Gox transfers 10,036 BTC—worth approximately $731M—to a new wallet, marking the first such movement in two months.
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Crypto Edge
Mt. Gox transfers 10,036 BTC—worth approximately $731M—to a new wallet, marking the first such movement in two months.
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Crypto Edge
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June has traditionally been one of Bitcoin’s toughest months
On average, BTC posts a -0.44% return in June, with 5 of the last 8 Junes ending in the red.
Only September fares worse historically, with an average loss of -3.08%.
This year isn’t off to a strong start either.
Bitcoin has dropped over 5% in the first two days of June, falling below the key $69k mark. The decline intensified after Strategy officially sold part of its BTC holdings — a striking move from a company whose chairman, Michael Saylor, once claimed it would be better to sell a kidney than sell Bitcoin.
The amount offloaded was small, but the timing couldn’t be worse for a market already struggling to regain footing.
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Crypto Edge
June has traditionally been one of Bitcoin’s toughest months
On average, BTC posts a -0.44% return in June, with 5 of the last 8 Junes ending in the red.
Only September fares worse historically, with an average loss of -3.08%.
This year isn’t off to a strong start either.
Bitcoin has dropped over 5% in the first two days of June, falling below the key $69k mark. The decline intensified after Strategy officially sold part of its BTC holdings — a striking move from a company whose chairman, Michael Saylor, once claimed it would be better to sell a kidney than sell Bitcoin.
The amount offloaded was small, but the timing couldn’t be worse for a market already struggling to regain footing.
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Even Jack Dorsey, one of the most vocal advocates for using Bitcoin in payments, now acknowledges that users are demanding stablecoins.
The shift is real. Stablecoins are on the rise.
Crypto Edge
The shift is real. Stablecoins are on the rise.
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Even among the staunchest 'Bitcoin for payments' maximalists, such as Jack Dorsey, he’s acknowledging that users want stablecoins. Stablecoins are taking over. 🔥
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Franklin Templeton’s CEO, Jenny Johnson, once dismissed Bitcoin as "the greatest distraction" from blockchain.
Now, she acknowledges its real-world impact—especially for people in economies crushed by hyperinflation.
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Crypto Edge
Franklin Templeton’s CEO, Jenny Johnson, once dismissed Bitcoin as "the greatest distraction" from blockchain.
Now, she acknowledges its real-world impact—especially for people in economies crushed by hyperinflation.
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Crypto Edge
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Your go-to source for daily Bitcoin insights, all in one spot!
📣 https://x.com/BTCTimescom
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📣 https://x.com/BTCTimescom
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JUST IN: 🇺🇸 Strive, a U.S. publicly traded company, has purchased 2,500 Bitcoin for $185.2 million — a bold step underscoring rising institutional trust in Bitcoin and its expanding role in traditional financial markets.
Source: Bitcoin Magazine on X
Crypto Edge
Source: Bitcoin Magazine on X
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Strive secures 2,500 $BTC for $185.2M at an average price of $74,092, increasing its total holdings to 19,000 $BTC — all while preserving an 18-month dividend cash reserve.
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Crypto Edge
Strive secures 2,500 $BTC for $185.2M at an average price of $74,092, increasing its total holdings to 19,000 $BTC — all while preserving an 18-month dividend cash reserve.
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Crypto Edge
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🚀 Strive has added 2,500 Bitcoin to its reserves at a cost of approximately $185.2 million, bringing its total holdings to 19,000 BTC. The company's Bitcoin portfolio has now delivered a 36.7% year-to-date yield.
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JUST IN: 🟠 River, the Bitcoin-only U.S. exchange, founder Alex Leishman stated, "Had Apple allocated just 2% of its corporate treasury to Bitcoin, it would have beaten inflation over the past six years."
"Cash is a melting ice cube."
Source: https://x.com/BTCtreasuries/status/2061768435718377893
Crypto Edge
"Cash is a melting ice cube."
Source: https://x.com/BTCtreasuries/status/2061768435718377893
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Bitcoin dropped $5,800—more than 8%—in just 48 hours after news emerged that Strategy sold only 32 BTC.
Traders are baffled. The amount is tiny compared to Strategy’s massive holdings, yet the market reacted as if the entire reserve was being liquidated.
This shows how fragile investor sentiment remains when corporate wallets are involved. Often, it’s not the size of the transaction that shifts prices—it’s the narrative it creates. Right now, perception is stronger than reality.
Ironically, recent purchases of thousands of BTC barely registered. Yet the mere hint that 32 coins changed hands triggered a steep decline.
At this moment, the market isn’t reacting to fundamentals—it’s reacting to headlines.
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Crypto Edge
Bitcoin dropped $5,800—more than 8%—in just 48 hours after news emerged that Strategy sold only 32 BTC.
Traders are baffled. The amount is tiny compared to Strategy’s massive holdings, yet the market reacted as if the entire reserve was being liquidated.
This shows how fragile investor sentiment remains when corporate wallets are involved. Often, it’s not the size of the transaction that shifts prices—it’s the narrative it creates. Right now, perception is stronger than reality.
Ironically, recent purchases of thousands of BTC barely registered. Yet the mere hint that 32 coins changed hands triggered a steep decline.
At this moment, the market isn’t reacting to fundamentals—it’s reacting to headlines.
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Crypto Edge
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JUST IN: 🇫🇷 French publicly listed company Capital B
Source: https://x.com/BTCtreasuries/status/2061732655088156973
Crypto Edge
$ALCPB is seeking shareholder approval to raise up to $5.82 billion through new share issuance—and possibly an additional $116.4 billion via debt—to fund further Bitcoin acquisitions.Source: https://x.com/BTCtreasuries/status/2061732655088156973
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🇫🇷 A publicly traded French company, Capital B $ALCP, is asking shareholders to approve a move to raise up to $5.82 billion through new share issuances.
The firm also intends to obtain credit facilities of up to $116.4 billion to fund future Bitcoin purchases.
#BTC
Crypto Edge
🇫🇷 A publicly traded French company, Capital B $ALCP, is asking shareholders to approve a move to raise up to $5.82 billion through new share issuances.
The firm also intends to obtain credit facilities of up to $116.4 billion to fund future Bitcoin purchases.
#BTC
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NEW: 🇺🇸 The Clarity Act has officially cleared the Senate Banking Committee and is now listed on the Senate Legislative Calendar.
On May 14, the committee voted to move the bill forward.
As of June 1, that procedural step is complete, making the legislation eligible for scheduling on the full Senate’s agenda. The next key milestone is a floor vote.
Current status:
✅ Introduced
✅ Committee hearings
✅ Committee markup
✅ Passed Senate Banking Committee (15-9)
✅ Placed on Senate Calendar
⬜️ Full Senate debate/amendments
⬜️ Senate floor vote
⬜️ House-Senate reconciliation (if needed)
⬜️ Presidential signature
Source: https://x.com/BitcoinNewsCom/status/2061821816805437685
Crypto Edge
On May 14, the committee voted to move the bill forward.
As of June 1, that procedural step is complete, making the legislation eligible for scheduling on the full Senate’s agenda. The next key milestone is a floor vote.
Current status:
✅ Introduced
✅ Committee hearings
✅ Committee markup
✅ Passed Senate Banking Committee (15-9)
✅ Placed on Senate Calendar
⬜️ Full Senate debate/amendments
⬜️ Senate floor vote
⬜️ House-Senate reconciliation (if needed)
⬜️ Presidential signature
Source: https://x.com/BitcoinNewsCom/status/2061821816805437685
Crypto Edge
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🇺🇸 The Clarity Act has officially cleared the Senate Banking Committee and is now on the Senate Legislative Calendar.
On May 14, the committee voted to move the bill forward.
As of June 1, that step is complete—making the legislation eligible for scheduling by the full Senate. The next big milestone? A floor vote.
Here’s where we stand now:
Introduced
Committee hearings
Committee markup
Passed Senate Banking Committee (15–9)
Placed on Senate Calendar
Full Senate debate/amendments
Senate floor vote
House-Senate reconciliation (if needed)
Presidential signature
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Crypto Edge
🇺🇸 The Clarity Act has officially cleared the Senate Banking Committee and is now on the Senate Legislative Calendar.
On May 14, the committee voted to move the bill forward.
As of June 1, that step is complete—making the legislation eligible for scheduling by the full Senate. The next big milestone? A floor vote.
Here’s where we stand now:
Introduced
Committee hearings
Committee markup
Passed Senate Banking Committee (15–9)
Placed on Senate Calendar
Full Senate debate/amendments
Senate floor vote
House-Senate reconciliation (if needed)
Presidential signature
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Crypto Edge
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NEW: 🟠 A Swedish media organization has kicked off a campaign advocating for Satoshi Nakamoto to be nominated for the Nobel Memorial Prize in Economic Sciences, recognizing the revolutionary invention of Bitcoin.
Source: https://x.com/DocumentingBTC/status/2061508113686012346
Crypto Edge
Source: https://x.com/DocumentingBTC/status/2061508113686012346
Crypto Edge
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