Fundstrat managing partner Tom Lee says last week’s stock market pullback is a “false narrative” about the health of the bull market — and he is urging investors not to read too much into the volatility. Lee, a CNBC contributor, made the remarks Monday on “Power Lunch” after markets sold off sharply Friday before rebounding […]
The post Equity Bull Market ‘Still Intact and in Very Good Shape,’ Says Fundstrat’s Tom Lee – Here’s Why appeared first on The Daily Hodl.
Even though volatility has hampered its price performance, this downside pressure of XRP is not observed in every area of its market. Currently, the XRP futures market has increased significantly, reaching one of its notable levels in the past few months, signaling that traders are becoming increasingly active. Futures Traders Rush Into XRP Market XRP […]
President Donald Trump has confirmed he is in discussions with AI companies about arrangements that would give the American public a financial stake in the industry’s growth. While Trump did not name specific companies, CNBC reported that the administration has been in talks with OpenAI about a potential government equity stake, some of which could […]
Institutions that bought Bitcoin at $100,000 and $125,000 are showing even greater interest now that prices have dropped to around $60,000, according to Coinbase Head of Institutional Strategy John D’Agostino. Related Reading: Coinbase–Better Deal Enables Mortgages Secured By Bitcoin And USDC He made the remarks in a recent interview with CNBC, as Bitcoin trades around […]
The ceasefire between Iran and Israel may stabilize global oil markets, reducing volatility and easing economic pressures worldwide.
The post Iran and Israel halt strikes, easing oil price tensions appeared first on Crypto Briefing.
Coinbase’s head of institutional strategy, John D’Agostino, says large investors are not retreating from Bitcoin’s latest selloff, even after the asset fell below $60,000 for the first time since October 2024. Speaking on CNBC’s Squawk Box on June 8, D’Agostino said institutional investors, family offices and sovereign-linked buyers are treating the drawdown as an opportunity to accumulate rather than a reason to exit. The remarks came during a discussion about whether Bitcoin’s decline toward the $59,000 area could hold as support, with CNBC’s Joe Kernen noting concerns that a deeper break could open the door to a much larger move lower. D’Agostino declined to make a direct price call, saying he does not want to offer investment advice, but pointed to the behavior of long-term allocators he speaks with through Coinbase’s institutional business. “What I can tell you is I have the luxury of speaking to institutional investors. They’ve put months and years into looking at this asset clas
Bitmine's Ethereum acquisition may drive short-term price increases, reflecting institutional confidence and influencing market sentiment.
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Bitmine, the world’s largest Ethereum treasury, has ramped up its ETH buying during the latest crypto market correction, making the company’s largest purchase of 2026 to date. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic Bitmine Doubles Down On Ethereum On Monday, Bitmine Immersion Technologies announced it had bought over 126,971 ETH, worth roughly $214 million, during last week’s dip, marking the treasury’s largest purchase so far this year. Now, Bitmine’s crypto and cash holdings sit at $9.6 billion at current prices, comprised of 5,543,872 ETH at $1,630 per ETH, 204 Bitcoin (BTC), a $180 million stake in Beast Industries, an $88 million stake in Eightco Holdings as part of its “Moonshots” initiative, and total cash worth $247 million. In a statement, Bitmine’s Chairman, Tom Lee, explained that the firm saw the recent price dip, which sent Ethereum to a one-year low of $1,505 on Sunday, as a buying opportunity, arguing that Ethereu
Rising Iran-Israel tensions could trigger significant crypto market volatility, impacting global financial stability and investor strategies.
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