Daily Crypto News & Musings

Latest News and Articles about Bitcoin

McGlone Warns Bitcoin Could Crash Below $10K as Liquidity Dries Up

Bloomberg strategist Mike McGlone is sticking with one of the bleakest Bitcoin price predictions on the market: BTC could still sink below $10,000 if macro conditions keep souring. That is an extreme call, but it’s not coming from nowhere. His warning centers on tighter liquidity, stubbornly high interest rates, and a risk-off backdrop that keeps […]

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Bitcoin and Ethereum Trigger $4.73B Crypto Short Squeeze as Leverage Gets Wrecked

Crypto liquidations just ripped through the market as Bitcoin and Ethereum bounced, forcing a massive short squeeze and wiping out roughly $4.73 billion in leveraged positions over 24 hours. Total liquidations: about $4.73 billion Shorts slightly led the damage: 51.9% of liquidations Binance topped the latest 4-hour window: about $45.45 million BTC and ETH led […]

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47.26 BTC Awakens After 15 Years, Reviving New York’s Bitcoin Ownership Fight

A long-dormant Bitcoin address has suddenly moved 47.26 BTC after sitting untouched since 2011, dragging a messy New York ownership fight back into the spotlight and proving, once again, that silence is not the same thing as surrender. 47.26 BTC moved after 15 years of dormancy The address, 18sLgPeB9wQVrE8JoWqtKtnucbsx3Lw1m7, is listed as Defendant Address #37923 […]

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Alberta Public Fund Takes $160M Bitcoin Bet via Strategy Shares

Alberta’s public money has taken an indirect ride into Bitcoin territory, and the route goes through Strategy shares. Alberta Investment Management Corp. (AIMCo) now holds roughly $160 million worth of the company’s stock, making this the first Bitcoin-linked bet by a Canadian province. $160 million exposure through Strategy shares First Bitcoin-linked provincial bet in Canada […]

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Buffett’s Tide Warning Hits Crypto: Bull Markets Hide Bad Trading Skills

Warren Buffett’s old warning keeps proving useful because markets never stop handing out the same lesson: “Only when the tide goes out do you discover who’s been swimming naked.” In crypto, that means bull runs can make weak traders look brilliant right up until volatility exposes the ugly truth, as seen in Buffett’s warning resurfacing […]

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Congress Eyes 7 Crypto Tax Bills Ahead of June 9 Hearing on Bitcoin Rules

Congress is finally putting digital asset tax rules under the microscope, with the House Ways and Means Committee circulating seven bills ahead of its June 9 hearing. For Bitcoin users and the wider crypto crowd, that’s either a long-overdue reality check or the first step toward another glorious round of Washington overcomplication. The committee’s push […]

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Bitcoin Falls Below $60K, Erasing Post-Election Trump Rally Gains

Bitcoin has erased every last gain from its post-election rally, slipping below $60,000 and giving traders a fresh reminder that BTC does not care about political wishcasting. Bitcoin price drops below $60,000 and wipes out gains since Trump’s reelection Political hype vs. market reality — policy matters, but price still follows liquidity and leverage Bitcoin […]

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Greece Proposes 15% Crypto Capital Gains Tax With €500 Exemption

Greece is moving to tax cryptocurrency profits with a proposed 15% flat capital gains tax, a sign that digital assets are being pulled into the country’s formal tax system rather than left in the regulatory weeds. 15% flat tax on crypto capital gains €500 exemption for small gains Individual miners excluded Corporate mining operations taxed […]

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Fed Inflation Debate Boosts Bitcoin’s Fixed-Supply Case as Trimmed Mean PCE Gains Attention

Washington’s inflation fight is no longer just about when the Federal Reserve cuts rates. It’s about what the Fed chooses to call inflation in the first place, and that debate is dragging Bitcoin’s fixed-supply pitch back into the spotlight. Fed focus shifts from timing cuts to defining inflation Trimmed mean PCE can smooth noise, but […]

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Bitcoin Crashes Below $60K as Oversold Signals Clash With Panic Selling

Bitcoin price crash panic is back in full force after BTC briefly slipped below $60,000, triggering a fresh wave of “crypto is dead” sentiment just as some technical indicators start screaming oversold. BTC fell 18% in a week Crypto sentiment hit its most bearish level since mid-February RSI extremes and the 200-week moving average are […]

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Morgan Stanley Expands Crypto Access Through Galaxy Digital, Lowering Minimums to $5M

Morgan Stanley is pushing deeper into crypto through a new Galaxy Digital partnership that lets eligible wealth-management clients turn holdings like Bitcoin, Ether, and Solana into spot crypto investment products without first selling the underlying assets. Wall Street is still doing what Wall Street does best: finding a way to monetize the revolution while keeping […]

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Bitcoin Lags Micron as AI Chips Outperform in Major Capital Rotation

Bitcoin’s latest drop is more than a simple BTC/USD wobble. Investors are rotating into semiconductor stocks and AI infrastructure names, with Micron Technology now looking like a stronger magnet for capital than the king of crypto. Bitcoin is near $63,000, a level last seen in late 2024 BTC has reportedly fallen more than 95% versus […]

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Mt. Gox Transfer Sparks Bitcoin Selloff Fears as BTC Dips to $61,300

Bitcoin slipped to around $61,300 after another Mt. Gox Bitcoin transfer revived fears that long-delayed creditor repayments could still dump fresh supply onto the market. Bitcoin fell to about $61,300 before recovering above $64,000. Mt. Gox moved 116.3 BTC worth roughly $8.16 million to Bitstamp. A larger 10,422.65 BTC transfer earlier in the week deepened […]

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