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Bloomberg’s Joe Weisenthal has revived and expanded his argument that crypto is stuck in what he calls the “coldest crypto winter ever,” pointing to a 12-part case that goes beyond price action and into market psychology, capital rotation, regulation, AI and quantum computing. Writing in his Odd Lots newsletter and sharing the piece on X, Weisenthal said he had previously laid out 10 reasons in February for why the current downturn felt unusually punishing. “Well everything I cited then still holds,” he wrote, adding that two more factors have since made the backdrop look even worse. Crypto’s Problem Is No Longer Just Crypto The core of Weisenthal’s argument is that crypto’s weakness is taking place at a time when other speculative corners of the market are doing exceptionally well. That contrast matters. A bear market is one thing when risk assets are broadly under pressure; it is another when investors are watching adjacent trades explode higher. Related Reading: Crypto In 401(k)s: S
Read full articleBroadcom's AI-driven revenue surge highlights the transformative impact of AI on the semiconductor industry, setting new growth benchmarks. The post Broadcom reports record Q2 revenue of $22B, driven by AI growth appeared first on Crypto Briefing.
The XRP price has returned to a critical zone that has appeared only four times in its history. According to market analyst Cryptollica, who shared the finding on X, this zone has historically preceded explosive price rallies for XRP. Each rally, however, came after a long consolidation phase and a series of price declines that pushed XRP toward a bottom. XRP Reenters Oversold RSI Zone That Led To Mega Cycle Rallies On June 1, Cryptollica stated on X that XRP’s monthly Relative Strength Index (RSI) has entered its fourth deep oversold reset zone across its entire 13-year trading history. The RSI is currently sitting around 42. While this reading does not signal fully oversold levels yet, the analyst treats it as similar to those observed in previous cycles. Related Reading: Pundit Shares Why Most People Will Miss The XRP Run He noted that this reading had occurred during the 2014, 2017, and 2022 cycles, and now again in early 2026. In each of those cycles, XRP staged strong parabolic
Alphabet's massive equity raise underscores the escalating financial commitment and competitive race in AI, impacting tech investment dynamics. The post Alphabet raises $85B in equity offering to fund AI ambitions appeared first on Crypto Briefing.
SpaceX has outlined plans for a record $75 billion stock market debut that would value Elon Musk’s space and AI company at about $1.77 trillion. According to a filing with the U.S. Securities and Exchange Commission, SpaceX plans to sell…
A new poll of 2,000 U.S. office workers finds most use courteous language with AI — and some experts say it genuinely changes the results.
While public opinion on AI is divided, advances in the technology represent an opportunity for colleges and universities to improve operations and modernize in ways that could help rebuild public trust.
Ray Dalio has warned that the AI investment boom could break when investors need real cash, not when the technology itself disappoints. Bloomberg reported that the founder of Bridgewater Associates issued the warning during a television interview, in which he…
New global challenge provides university students hands-on experience with IBM Bob, helping them build practical AI skills, portfolio-ready projects and career connections NEW YORK, June 3, 2026 — IBM today […] The post IBM Launches AI Builders Challenge to Give Students Real-World AI Development Experience appeared first on AIwire.
