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Bitcoin rebounds from 2026 low but Peter Schiff warns price could still crash to zero

Market News
07 Jun 2026
Bitcoin
View Source
Bearish
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Bitcoin has recovered slightly above $61,000 after hitting a 2026 low near $59,750, but gold advocate Peter Schiff warns that the cryptocurrency could face a "Crypto Black Monday" and fall much further, possibly to zero. Schiff's recent poll showed 59% of respondents believe Bitcoin must hit zero before conceding his bearish stance. Despite the pessimism, some bullish investors point to technical indicators and models suggesting Bitcoin could rise to $165,000 or more. The key level to watch is whether Bitcoin holds above its 2026 low; a break below could trigger more selling and financial strain for some holders. The coming weeks will reveal if this downturn is a prolonged bear market or a buying opportunity for long-term investors.

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BMO invests $500K to double funding for National Music Centre's music therapy across Canada

BMO invests $500K to double funding for National Music Centre's music therapy across Canada

BMO has committed $500,000 over five years to the National Music Centre's Music Therapy Initiative, with matching funds from The Jim Pattison Foundation. This investment will expand music therapy programs in hospitals and community health settings ac...

Market News
Bullish
1 hour ago
Over 250 energy leaders gather in San Diego for the 22nd Annual Rockies & West Gas Forum to discuss U.S. natural gas market trends.

Over 250 energy leaders gather in San Diego for the 22nd Annual Rockies & West Gas Forum to discuss U.S. natural gas market trends.

The 22nd Annual Energy Innovations: LDC Gas Forum Rockies & West will be held in San Diego from August 10-12, 2026, bringing together over 250 natural gas industry professionals. The forum focuses on critical issues affecting the U.S. Rockies and Wes...

Market News
Neutral
1 hour ago
Lupus treatment improves with biologics, but many patients still face significant disease challenges.

Lupus treatment improves with biologics, but many patients still face significant disease challenges.

New research from Spherix Global Insights reveals that despite advances in lupus treatment, including increased use of biologics and new therapies, many patients with systemic lupus erythematosus (SLE) continue to experience persistent symptoms, freq...

Market News
Neutral
2 hours ago
7 in 10 Canadians worry about severe summer storms, flooding, and tornadoes amid rising climate risks.

7 in 10 Canadians worry about severe summer storms, flooding, and tornadoes amid rising climate risks.

As Canada enters peak summer storm season, a survey by First Onsite reveals 72% of Canadians are concerned about climate-related extreme weather like flooding, severe storms, and tornadoes. Regional concerns vary, with British Columbians fearing floo...

Market News
Neutral
3 hours ago
Greystone secures $24.3M HUD loan to refinance Minnesota seniors housing community

Greystone secures $24.3M HUD loan to refinance Minnesota seniors housing community

Greystone provided a $24.3 million HUD/FHA-insured loan to refinance an 86-unit seniors housing community in Minnesota, covering independent living, assisted living, and memory care. The financing, through the HUD Section 232/223(f) program, offers l...

Market News
Neutral
3 hours ago
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