Over 200 crypto organizations sent a letter to Senate Majority Leader John Thune and Senate Minority Leader Charles Schumer, urging the lawmakers to advance the long-awaited market structure bill, known as the CLARITY Act. Related Reading: China Banned Bitcoin — Then One Of Its Highest Courts Just Ruled It’s Protected Property Crypto Industry Pushes For […]
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
Tencent's bond sale highlights strong investor confidence but underscores long-term regulatory risks in China's tech sector.
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Bitcoin is changing hands near $63,500, a level analyst Charles Edwards says lines up with the network’s average production cost, i.e. the threshold where the typical miner stops turning a profit. Miners Squeezed to the Break-Even Line The recent selloff has dragged bitcoin back to a price band that has historically marked long-term value. In […]
In crypto news today (June 9), the market is sitting relatively flat, with Bitcoin barely holding on to $63,000 on this Tuesday after a +0.2 overnight move. Liquidations continue to slow, with just $301M in positions liquidated and, most notably, the split between longs and shorts is nearly even. Of the other major caps, Cardano..
The post Crypto News Today (June 9): BTC Holding $63K, Humanity Protocol Hacked for $32M, Ethereum ETFs Turn Green appeared first on 99Bitcoins.
The escalation highlights geopolitical instability's impact on global markets, emphasizing the need for investors to monitor diplomatic developments.
The post Explosions rock Tehran as Israel and Iran trade air strikes, Bitcoin dips toward $63K appeared first on Crypto Briefing.
Strategy’s growing preferred stock obligations and reliance on Bitcoin-backed financing have increased the risk to common shareholders, while the company’s stock continues to trade about 31% above its estimated net asset value, according to a Fortune analysis. Fortune warned that…
China's May 2026 exports are forecast to grow 15% YoY as front-loaded orders and surging semiconductor demand reshape trade flows across Asia.
The post China exports expected to rise 15% in May as front-loaded orders and chip demand surge appeared first on Crypto Briefing.
