Bitcoin has reached Peter Brandt’s February downside target, but the veteran trader says BTC could still move lower before forming a tradable bottom. In an earlier outlook, he projected a potential $300,000 to $500,000 bitcoin peak in 2029.
Key Takeaways
Brandt said bitcoin has reached his initial downside target near the February low area.
Further declines or a capitulation event could occur…
Texas regulators targeted an alleged crypto investment and MLM scheme that promised millionaire status, passive income, and high monthly returns through recruitment and trading codes. The order also cites withdrawal fees, investor lockups, and claims of low-risk, AI-assisted…
Ripple Expands RLUSD Into Turkey as a $200B Crypto Market Signals Bigger Stablecoin Demand
June 4, 2026
RLUSD, Ripple’s USD-backed stablecoin, has launched in Turkey via local crypto platforms, giving enterprises regulated access to digital dollars. The rollout supports payments, liquidity, collateral management, and tokenization in a market with roughly $200 billion in…
XRP extended its decline, testing support near the $1.14 level, as heavy long liquidations, persistent selling pressure, and a series of lower highs reinforced the cryptocurrency’s bearish market structure.
Key Takeaways
Sharp losses pushed XRP near recent lows as bearish momentum accelerated.
Derivatives markets saw over $25 million erased, highlighting elevated trader risk.
Meanwhile…
SEC Commissioner Hester Peirce challenged broad oversight of blockchain infrastructure, arguing securities rules should not automatically reach neutral networks, open-source code, or noncustodial tools. Her remarks framed crypto regulation around control, custody, and…
Ripple expanded its Washington, D.C., office as institutional crypto adoption accelerates and U.S. policymakers debate the future of digital asset regulation. The move emphasizes clear rules, consumer protection, and collaboration with regulators and industry…
Ripple is framing CME’s 24/7 crypto futures launch as a response to institutional demand, citing XRP futures as evidence, with Ripple Prime serving as a day-one clearing and financing partner.
Key Takeaways
CME’s 24/7 crypto derivatives launch provides institutions with regulated access to XRP futures around the clock.
Ripple Prime provides clearing and financing infrastructure as…
Strategy’s 32 BTC sale has turned a small transaction into a larger test for corporate bitcoin treasuries. The issue is no longer only whether public companies hold BTC. Investors are now watching how those companies meet cash obligations while trying to preserve…
Avalanche Network Explodes as FIFA World Cup Drives 60,000 Blockchain Ticket Transactions
June 2, 2026
Arielle Pennington, SVP of Growth at Avalanche, stressed that the rise in these ticketing transactions before the FIFA World Cup shows how blockchain technology can be adopted in the background, integrating seamlessly into the user experience process without being promoted…
The proposal, introduced by pseudonymous developer cavemanloverboy, aims to increase the amount of SOL burned by introducing a new base fee for every transaction. This might make Solana’s network issuance deflationary during periods of very high activity, according to some estimations.
Key Takeaways
Cavemanloverboy proposed SIMD-547 on Saturday, spiking some fees to curb SOL asset…
