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172-year-old bank makes 2026 Bitcoin prediction amid market crash
TheStreet62d agobearish
172-year-old bank makes 2026 Bitcoin prediction amid market crash

The price of Bitcoin (BTC) has crashed 15% this month since Michael Saylor's Bitcoin treasury company Strategy (Nasdaq: MSTR) announced on June 1 that it had sold 32 BTC the previous week. Though Saylor had dropped a hint regarding its possibility last month, the announcement shook ...

Dave Portnoy makes bold call as Bitcoin, XRP crash
TheStreet62d agobearish
Dave Portnoy makes bold call as Bitcoin, XRP crash

American businessman and social media personality Dave Portnoy is well-known for his honest takes on the crypto market and he doesn't hesitate to share his views even when he is sitting on a multimillion-dollar loss. The Barstool Sports founder posted a confessional video on X on June 4 in which he ...

Bitcoin Has Longest Losing Streak Since August in Bruising Week
Bloomberg63d agoneutral
Bitcoin Has Longest Losing Streak Since August in Bruising Week

(Bloomberg) -- Bitcoin posted its longest losing streak since August, weighed down by liquidations of bullish bets and this week’s rare sale of tokens by the dominant corporate buyer. Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapBroadcom Slides by Most in More Than a Year on AI Out

Jim Cramer has blunt response to Bitcoin 'murder'
TheStreet63d agoneutral
Jim Cramer has blunt response to Bitcoin 'murder'

Bitcoin (BTC) was trading only slightly below $74,000 on June 1 before Michael Saylor's leading BTC treasury company Strategy (Nasdaq: MSTR) announced the sale of 32 BTC once the trading opened Monday. Following the announcement, Bitcoin began to crash violently and was currently trading below ...

MicroStrategy, Robinhood, Circle stocks attempt recovery
TheStreet63d agoneutral
MicroStrategy, Robinhood, Circle stocks attempt recovery

On June 1, Strategy (NASDAQ: MSTR), formerly MicroStrategy, announced the sale of 32 Bitcoin (BTC) that it conducted last week. With 843,706 BTC on its balance sheet, the company is still the largest Bitcoin treasury company. But this instance was its first Bitcoin sale in years, sending ...

Veteran investor says IPO frenzy fueling Bitcoin selloff
TheStreet63d agobearish
Veteran investor says IPO frenzy fueling Bitcoin selloff

Bitcoin's decline, which began after the Oct. 10, 2025 flash crash, entered a more volatile phase this week after Strategy (Nasdaq: MSTR), the world's largest corporate holder of Bitcoin, revealed it sold Bitcoin last week for the first time in years. U.S. spot Bitcoin ETFs had already recorded net ...

XRP Loses $1.28 Support and Falls to $1.15: Should Holders Sell, Hold, or Buy More?
24/7 Wall St.63d agobearish
XRP Loses $1.28 Support and Falls to $1.15: Should Holders Sell, Hold, or Buy More?

If you’ve been holding XRP (CRYPTO: XRP) for the past few days, the chart already says a lot about how you feel. The $1.28 support that has held for most of the year broke on June 1, and the price has kept dropping. The XRP price now trades around $1.15, with the broader crypto market ... XRP Loses $1.28 Support and Falls to $1.15: Should Holders Sell, Hold, or Buy More?

Strategy Inc. (MSTR) Efficiently Navigating Through Bitcoin Volatility
Insider Monkey63d agoneutral
Strategy Inc. (MSTR) Efficiently Navigating Through Bitcoin Volatility

Strategy Inc. (NASDAQ:MSTR) is one of the 10 technology stocks offering more than 50% upside. On May 7, Strategy Inc.’s (NASDAQ:MSTR) price target was increased by Canaccord Genuity from $185 to $224, as the firm retained its Buy rating on the stock. The firm emphasized that the company was able to survive a second round […]

How Low Can MSTR Stock Go?
Trefis63d agoneutral
How Low Can MSTR Stock Go?

Holding equities means accepting volatility as the price of long-term compounding. Across the 15 major systemic shocks where Strategy (MSTR) traded, the stock posted an average drawdown of -28%. For context, the S&P 500 averaged a -16% decline during those same periods.

Standard Chartered's crypto bull sticks to $100,000 bitcoin call despite 'painful' week
Reuters63d agoneutral
Standard Chartered's crypto bull sticks to $100,000 bitcoin call despite 'painful' week

Geoffrey Kendrick, one of the most vocal crypto advocates, is sticking with his call for bitcoin to hit $100,000 by the end of ‌the year despite a "painful" week, with the global head of digital assets research ‌at Standard Chartered pointing to resilient long-term demand. The biggest crypto token has tumbled more than 15% since Monday, ​when Michael Saylor's Strategy, the largest corporate holder of bitcoin, disclosed that it had sold some of the holdings for the first time since 2022. "The timing of the sale was a shame," Kendrick wrote in a note to clients.

Bitcoin and Ethereum Head Toward 52-Week Lows. Cryptocurrencies Hit a Brick Wall.
Barrons.com63d agoneutral
Bitcoin and Ethereum Head Toward 52-Week Lows. Cryptocurrencies Hit a Brick Wall.

A month ago, it looked like cryptocurrency prices may be stabilizing after their steep decline last fall. Bitcoin has tumbled 2.1% to about $63,600 over the last 24 hours, continuing a brutal slide since hovering around $80,000 throughout the first half of May. The coin is now dangerously close to its 52-week low of $60,559. Ethereum the second-largest cryptocurrency by market capitalization, hasn’t fared much better.

Buy, Sell or Hold MSTR After Strategy’s First Bitcoin Sale in Years?
24/7 Wall St.63d agoneutral
Buy, Sell or Hold MSTR After Strategy’s First Bitcoin Sale in Years?

Strategy (NASDAQ:MSTR), the company formerly known as MicroStrategy sold 32 Bitcoin for $2.5 million last week to fund preferred stock dividends, its first sale since 2022, and the stock has been plunging. Strategy runs enterprise analytics software bolted onto the world’s largest corporate Bitcoin treasury. Michael Saylor’s playbook was to issue equity and exotic preferred ... Buy, Sell or Hold MSTR After Strategy’s First Bitcoin Sale in Years?