A group of Republican senators is warning US bank regulators that a little-known capital rule could effectively keep banks out of Bitcoin, even as Congress moves to give traditional financial firms a larger role in digital asset markets.In a May 27 letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, FDIC Chair Travis Hill, and Comptroller of the Currency Jonathan Gould, six senators urged the agencies to build a new capital framework for on-balance-sheet digital asset activities.Their target is Basel’s 1,250% risk weight for assets such as Bitcoin, which they argue functions as a de facto ban on banks…
Author: cryphedge
Bitcoin’s recent drop below $60,000 has brought back bearish comparisons into the play. Crypto analysts are now comparing the current market downturn with the 2022 bear market cycle. Back then, Bitcoin fell 22% below its previous all-time high before hitting bottom. Today, Bitcoin is already down 53% from its all-time high, raising questions about where the market stands.Is Bitcoin Following the 2022 Bear MarketThe comparison isn’t just about falling prices. It’s about how the market is behaving.Back in 2022, Bitcoin reached its cycle top near $68,000 before staging a powerful relief rally that convinced many investors the correction was over. Instead,…
Six months of 2026 are already behind us, and XRP is hovering near the $1 mark despite growing ETF adoption and continued institutional interest. While the token has struggled alongside the broader crypto market, many analysts and financial firms continue to forecast substantially higher prices over the medium term.Here’s a look at some of the most notable XRP predictions for 2026, ranging from conservative institutional estimates to highly bullish cycle forecasts.1. Standard Chartered Predicts $2.80 for XRPBanking giant Standard Chartered remains relatively conservative on XRP. The bank’s base-case forecast puts XRP at around $2.80, reflecting expectations of moderate ETF inflows…
Bitcoin’s recent drop below $60,000 has shaken the crypto market. But according to Glassnode co-founder Rafael Schultze-Kraft, the latest drop may be bringing Bitcoin into a rare price zone that has historically marked major market bottoms.The big question: Is Bitcoin close to its bottom level, or is there still more pain ahead?Bitcoin Enters a Historical Support ZoneThe latest drop pushed Bitcoin to an intraday low of $59,791 before recovering above $61,000. The decline came days after Strategy disclosed a partial Bitcoin sale, adding fresh pressure to an already weak market.According to Rafael, Bitcoin has now moved into a cluster of…
Teams pressure-test the pitch and the angle before sending. They refine the headline, tighten the story, and pick the target. What they rarely test is whether the outlet itself is credible enough to be worth appearing in. That gap carries more weight in crypto than almost anywhere. A placement that lands at a low-credibility outlet does not just underperform; it can quietly attach the brand to a publication that readers, journalists, and AI engines already distrust. An outlet credibility checklist is the step that closes the gap. Running it before pitching takes minutes, and a standardized outlet read makes the…
Bitcoin critic and gold advocate Peter Schiff rarely misses an opportunity to make a point about Bitcoin, and this week he made one that is harder than usual to dismiss. As Bitcoin collapsed below $62,000 and fingers pointed at Michael Saylor’s 32 Bitcoin sale as the trigger, Schiff offered a counterpoint that reframes the entire narrative.“Many blame Saylor’s sale of 32 Bitcoin for pushing the price below $62,000,” Schiff wrote on X. “But it was MSTR buying over 840,000 Bitcoin, along with all the Bitcoin treasury copycats that followed his lead, that drove the price this high in the first…
On June 4, 2026, Mastercard announced on X its plans to expand the settlement capabilities of its payment network, allowing issuers and acquirers to settle transactions using regulated stablecoins across eight blockchains, alongside existing fiat processes. This move marks a new step by a major payment network to integrate stablecoins into the infrastructure layer behind card transactions.This is not an announcement that Mastercard users can now pay with stablecoins at every merchant. Card payments are typically authorized almost instantly at the point of sale, but settlement between financial institutions can still depend on banking hours, batch windows, and liquidity conditions.…
Bitcoin traders have identified Michael Saylor as a new suspect in the latest sell-off, while the numbers tell a different story.Strategy disclosed in a June 1 Form 8-K that it sold just 32 BTC between May 26 and May 31 for $2.5 million, at an average net price of $77,135, with proceeds earmarked to fund preferred-stock distributions.The company still held 843,706 BTC as of May 31, with that sale representing 0.0038% of Strategy’s total holdings and roughly 0.014% of Bitcoin’s reported daily volume of $17.45 billion on that day.A sale of that size carries no supply-side weight against a $17…
A married couple in Ann Arbor, Michigan, just made history — not by winning the lottery or inheriting a fortune, but by buying a home using Bitcoin as collateral. Their transaction, quietly closed on June 4, marks the first time a government-sponsored enterprise has backed a conforming mortgage structured around digital assets, and it may well represent the beginning of a fundamental shift in how Americans unlock wealth to purchase homes.The loan was funded through a partnership between mortgage lender Better Home & Finance Holding Company (NASDAQ: BETR) and crypto exchange Coinbase (NASDAQ: COIN). Joe, a software engineer, and Amy,…
A wave of publicly traded companies built to hold Bitcoin for investors is unraveling fast, wiping out tens of billions in market value as the crypto downturn grinds on.When Bitcoin was soaring, the pitch was simple: buy shares in a company that stockpiles Bitcoin, and watch your investment grow — without ever touching a crypto wallet. For a while, it worked brilliantly. Then the tide turned.The combined market value of fully diluted Bitcoin treasury company stocks has fallen to about $72 billion from nearly $134 billion at its most recent peak in early October, according to Artemis data — erasing…
