Author: John Smith

When Bitcoin slid below $62,000 in early June 2026, the crypto world reached for the nearest villain: Michael Saylor.  Summary Strategy’s 32 BTC sale was too small to explain Bitcoin’s multi-day selloff or liquidation cascade. Jim Ferraioli argues Bitcoin’s real problem is that it has lost the market’s dominant momentum trade. Bitcoin has been grinding lower since its October 2025 peak, months before Saylor’s June sale. Gold, AI stocks, and IPO speculation are pulling speculative capital away from Bitcoin for now. On June 1, his company Strategy disclosed it had sold 32 Bitcoin, its first sale since 2022, and retail…

Solana price has dropped more than 27% over the past month and nearly 74% from its 2025 peak, with fresh ETF outflows and a crypto market rout sending the token to a 52-week low. Summary Solana price hit a 52-week low of $66.6, down 27% in a month and 74% from its 2025 high. Crypto liquidations topped $1.66 billion, with long positions accounting for $1.42 billion. U.S. spot Solana ETFs posted $12.7 million in outflows, their first net redemption day since May. According to data from crypto.news, Solana (SOL) price traded near $68 on June 4 after briefly touching a…

Ethereum traded near $1,777.96 on June 4 after falling 5.07% in 24 hours, according to crypto.news price data.  Summary Ethereum price fell below $1,800 as sellers tested the $1,825 channel floor and key support zone. RSI and Supertrend remain bearish, but exchange supply and staking data show tighter available supply. Analysts now watch $1,700, $1,500, $2,022 and $2,360 as the next major price levels today. The token also lost 10.21% over seven days as the wider crypto market stayed under pressure. The latest move pushed ETH below the $1,825 area watched by analyst Ali Martinez. It also placed the asset…

Wyoming Governor Mark Gordon signed Executive Order 2026-03 to guide data center and advanced computing development across the state. The order is titled “Data Centers the Wyoming Way.” Summary Wyoming’s order guides AI data center growth while seeking to protect water, power and local communities. Big Tech’s $650B AI spending plan adds pressure on states with cheap land and energy. Bitcoin miners in Wyoming could benefit as more firms shift toward AI and HPC hosting. The order applies to state agencies that permit, review, regulate, support or help large data center projects in Wyoming. It asks agencies to support growth…

Cardano founder Charles Hoskinson has warned that more businesses could disappear from the network after analytics platform TapTools announced it was shutting down operations amid worsening economic conditions across the ecosystem. Summary Charles Hoskinson warned that more Cardano projects could fail following the shutdown of analytics platform TapTools. TapTools cited rising operating costs, while Hoskinson pointed to weak market conditions and funding challenges. ADA traded near $0.20, with key support at $0.22 and deeper downside risks if the level breaks. In a video published on his YouTube channel, Hoskinson said the closure of TapTools is likely not an isolated event.…

Worldcoin price has surged over 40% since late May after whale activity and network growth climbed to their highest levels of 2026, strengthening the case for a move toward the next major resistance zone near $0.65. Summary Worldcoin has surged more than 40% since late May as whale transactions, active addresses, and new wallet creation climbed to 2026 highs. A breakout from a multi-month descending triangle has pushed WLD above $0.54 and brought the $0.65 resistance zone into focus. Growing World App activity and renewed interest in AI-related tokens have supported demand despite weakness across the broader crypto market. According…

Israeli tax authorities have received far fewer crypto tax corrections than expected under a voluntary disclosure program that offers criminal immunity to eligible taxpayers. Summary Israel’s crypto tax disclosure program has received only 58 filings despite expectations of up to $1 billion in revenue. Globes reported that disclosures have covered about $50 million in crypto capital, far below official expectations. The program offers criminal immunity to eligible taxpayers who correct reports and pay taxes before Aug. 31, 2026. A tax expert told Globes that the lack of an anonymous first stage may be discouraging crypto holders from filing. According to…

Crypto-related fraud targeting FIFA World Cup fans has intensified ahead of the 2026 tournament, with U.S. authorities warning that scammers are using fake ticket offers, phishing websites, and cryptocurrency payment requests to steal money and personal data. Summary U.S. authorities warned that scammers are targeting World Cup fans with fake ticket sales, phishing websites, and crypto payment requests ahead of the 2026 tournament. Law enforcement agencies said criminals are using AI-generated fake FIFA pages and typo-squatted domains to steal personal, financial, and login information. Binance reported blocking 22.9 million scam and phishing attempts in Q1 2026, while Chainalysis estimated crypto…

Treasury Secretary Scott Bessent has told senators that the Trump administration remains committed to expanding the United States’ Strategic Bitcoin Reserve while pressing Congress to pass major crypto legislation this summer. Summary Treasury Secretary Scott Bessent said the Trump administration remains committed to expanding the U.S. Strategic Bitcoin Reserve. Bessent told senators that the reserve needs durable rules because it involves new technology and new legal ground. The Strategic Bitcoin Reserve was created by executive order and currently holds Bitcoin from criminal forfeitures and seizures. Bessent made the remarks on Wednesday during a Senate Finance Committee hearing on the Treasury…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Kevin O’Leary spotlights Zero Knowledge Proof, drawing investor attention to its potential as global infrastructure. Summary Kevin O’Leary highlighted Zero Knowledge Proof, framing it as infrastructure that solves AI’s verification problem. ZKP uses cryptographic proofs so computations can be verified without exposing underlying data, targeting AI, finance, and healthcare use cases. The project claims $100M in pre-funding for its zk architecture, validator hardware, and dual consensus model combining computation and storage. When Kevin O’Leary speaks publicly about a project,…