The IEA expects an oil supply glut in 2027 as output surges past demand. Global supply could jump by 8 mb/d to 110.3 mb/d while demand lags. Cheaper crude could cool inflation, easing Fed policy and aiding Bitcoin. The International Energy Agency expects a large oil supply overhang in 2027. Global output is projected to…
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Amodei urged G7 leaders not to splinter on AI, days after his models were banned Macron warned allies the US could “turn off the switch” on their AI access anytime Trump’s team pulled Fable 5 and Mythos 5 from export over a narrow security jailbreak Dario Amodei sat across from Donald Trump at a G7…
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Market fear has pushed 90% of altcoins below their long-term trends, signaling potential accumulation opportunities. Bitcoin dominance is rapidly declining, indicating capital rotation back into altcoins and the possible onset of altcoin season. Sentiment has plunged to multi-month lows, often a contrarian signal for market bottoms and future rebounds. Widespread fear has overtaken the altcoin…
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Coinbase and Upbit announced listings of Flock (FLOCK), with Coinbase also adding SPX6900 (SPX), sparking strong price reactions. FLOCK soared 219% on Upbit before cooling, while Coinbase’s listing triggered gains of 15%, fueled by the ‘Coinbase Effect.’ Trading volume for FLOCK jumped over 2,000%, led by Bithumb and Upbit, underscoring the exchanges’ impact on liquidity…
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In Brief Pi Network launches Pi Node Linux and prepares for Protocol v23, boosting infrastructure while expanding KYC integration. Despite progress, PI trades at $0.34, only 3% above ATL, raising investor concern as Bitcoin volatility adds downside risk. Analysts see potential 40% rebound if resistance holds, but breaking ATL could extend the decline from February’s…
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In Brief Hut 8 plans four new US sites, adding 1.5 GW to expand mining and infrastructure Shares jumped 10.49% to $25.91, still below 2021 peak during Bitcoin’s third halving. $2.4B liquidity, including Coinbase financing, supports expansion amid rising AI-driven data center demand. Hut 8 (HUT), a bitcoin mining and digital infrastructure company, surged Tuesday…
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In Brief Trump announced a landmark trade deal with Japan, including $550 billion US investments and 15% tariffs on imports. Japan will open its markets to US automobiles and agricultural products as part of the agreement. The US and Philippines reached a deal, with a 19% tariff on Filipino goods and market access for US…
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In Brief Crypto market cap rises by $41 billion in 24 hours, reaching $3.88 trillion as altcoins spark renewed investor optimism. Bitcoin slips below $118,000 after failing to breach resistance, facing possible decline to $115,000 if altcoin momentum persists. Raydium surges 20% to $3.48, with bullish technicals targeting $3.94—unless profit-taking reverses its gains. The total…
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In Brief The total crypto market cap has risen by $45.79 billion to $3.33 trillion, with a key focus on securing $3.31 trillion as support for continued growth. Bitcoin is nearing its all-time high of $111,980, currently at $109,439, requiring a breakthrough of the $109,476 resistance to move toward $110,000. Floki has surged 16.7%, showing…
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In Brief ZKJ and KOGE tokens plunged over 50% on June 15 after their liquidity pools were drained, triggering mass panic selling. KOGE’s USDT pool was emptied, forcing holders to dump into ZKJ, which then collapsed under the pressure. Community outrage grows amid accusations of mismanagement, with a major ZKJ token unlock still looming this…
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