Industry News

  • Expert Flags Bitcoin’s First Hashrate Bear Market as Network Sheds 145 EH/s07 Jun 2026 22:30Greenidge Generation bitcoin mine circa March 5, 2020.With bitcoin prices sliding to levels not witnessed since February, the network’s hashrate has undergone a steep contraction, with 145 exahash per second (EH/s) exiting the system since the close of May. Hashprice Falls 27% in 30 Days as Miner Revenue Tightens Bitcoin’s computational strength has retreated notably since May 28, 2026, when the network […]
  • $2 Million Per Vessel: Inside Iran’s Massive USDT Toll Operation in the Strait of Hormuz07 Jun 2026 21:30Map showing the Strait of HormuzReports indicate that some of the payments could have been made in stablecoins, particularly Tether’s USDT, the largest stablecoin by market capitalization. The U.S. OFAC has warned that maritime companies executing such payments might be affected by upcoming sanctions. Iran Claims Hormuz Toll Booth Yields up to $2 Million Per Ship, Some Payments Made Using […]
  • 100x Reversal? Strategy May Have Bought 3,200 BTC After Bitcoin Sale, Standard Chartered Says07 Jun 2026 20:30100x Reversal? Strategy May Have Bought 3,200 BTC After Bitcoin Sale, Standard Chartered SaysStandard Chartered suspects Strategy could announce a large bitcoin buy on Monday, with estimates pointing to a buy of either 320 BTC or as much as 3,200 BTC. The outlook follows the company’s recent sale of 32 BTC and suggests a much larger accumulation could quickly shift attention back to institutional demand. Standard Chartered Sees […]
  • Here’s Why Bitcoin’s 50% Drop Looks Mild Next to What Several Altcoin Holders Are Sitting On07 Jun 2026 19:20Bitcoin chart from the all-time high.This week, bitcoin took a trip to its lowest price tag of 2026, slipping to $59,100 per coin and now sitting a touch more than 50% below the leading crypto asset’s all-time high above $126,000. Meanwhile, a hefty slice of the altcoin crowd has endured far steeper markdowns, with many well-known digital assets nursing losses […]
  • Strategy Affirms Mission to Grow Net Bitcoin as CEO Shuts Down Rumors07 Jun 2026 18:06Strategy Affirms Mission to Grow Net Bitcoin as CEO Shuts Down RumorsStrategy’s CEO rejected rumors that the company’s bitcoin strategy has changed, reaffirming its goal of increasing both net bitcoin holdings and bitcoin per share. His comments aligned with Michael Saylor’s continued bullish outlook on BTC. Strategy’s Bitcoin Sale Sparks Questions About Long-Term BTC Growth Strategy (Nasdaq: MSTR) faces a key market question after its bitcoin […]
  • ‘Bottom Fishers’ Lift Bitcoin Above 2026 Low but Schiff Warns the Worst May Still Be Ahead07 Jun 2026 16:25Image of Peter Schiff at a conference.While bitcoin trades more than 50% beneath its all-time peak above $126,000 recorded last October, gold proponent Peter Schiff remains convinced the asset has considerably further to fall. This weekend, Schiff conducted a poll asking: “How low does bitcoin’s price have to fall before you bitcoiners concede that I’ve been right all along?” Among the […]
  • ‘A Good Time to Add More Dots’: Saylor Sparks Bitcoin Buy Buzz After Strategy’s Rare BTC Sale07 Jun 2026 15:23‘A Good Time to Add More Dots’: Saylor Sparks Bitcoin Buy Buzz After Strategy’s Rare BTC SaleMichael Saylor renewed attention on Strategy’s bitcoin plans after the company’s rare 32 BTC sale sparked debate among investors. His latest post shifted focus back to Strategy’s 843,706 BTC reserve and the possibility of future acquisitions. Saylor’s Post Refocuses Traders After Strategy’s Rare Bitcoin Sale Michael Saylor, executive chairman of Strategy (Nasdaq: MSTR), has renewed […]
  • Gold and Silver Bleed 23% and 44% Despite US-Iran War and Rising CPI07 Jun 2026 14:25Gold and silver have shed a combined trillion dollars in market value from their January peaks, with gold trading near $4,331 per ounce and silver around $67.30 on June 5, even as a live geopolitical conflict and above-target inflation would traditionally push precious metals higher. How Far Prices Have Fallen Gold peaked at $5,608 per […]
  • Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup07 Jun 2026 13:001-day Bitcoin chart on June 7, 2026, at 8:35 a.m. EDTBitcoin ( BTC) is trading at $61,822 on June 7, 2026, at 8:35 a.m. EDT, caught between a deeply oversold momentum reading on shorter timeframes and relentless selling pressure from moving averages across the daily chart. The technical picture this weekend is mixed but carries a clear bearish lean, with the $63,000 level standing as […]
  • Bitcoin’s Stumble Looks Graceful Next to Zcash’s Faceplant — Week in Review07 Jun 2026 10:10Man falling to the ground.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 […]