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Bitcoin dips to $59K amid $1.49B liquidations; analyst says crypto hype is dead, not Bitcoin itself

Market News
25 Jun 2026
UToday
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Bearish
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Bitcoin recently dropped to $59,307 with $1.49 billion in margin liquidations, mainly impacting leveraged buyers. Veteran trader Bob Loukas advises investors to stay calm, stating Bitcoin and crypto remain viable despite the bear market and social media hype fading. The current sell-off is seen as a natural market cleanup within the 4-year cycle, with a potential bottom forming and a new cycle expected by autumn 2026. Meanwhile, Strategy's stock decline adds pressure on the crypto market, complicating capital raises for the company holding significant Bitcoin reserves.

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Japanese firms use NVIDIA Nemotron to build AI tailored for local industries and workforce needs.

Japanese firms use NVIDIA Nemotron to build AI tailored for local industries and workforce needs.

Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...

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ARCpoint delays annual financial filings due to funding issues, expects to file by Sept 29, 2026.

ARCpoint delays annual financial filings due to funding issues, expects to file by Sept 29, 2026.

ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...

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Investors in Putnam mutual funds may claim losses in a new class action lawsuit.

Investors in Putnam mutual funds may claim losses in a new class action lawsuit.

The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...

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Stocks fall sharply due to legal probes, financing plans, and volatile listings today.

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Several stocks experienced significant declines today driven by company-specific events. SANUWAVE Health's shares dropped 39.21% despite strong revenue guidance, Twin Vee Powercats fell 30.95% amid a legal investigation, and Gorilla Technology declin...

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Study finds 2 years of lenalidomide maintenance as effective as indefinite treatment for multiple myeloma.

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The phase III ENDURANCE trial showed that two years of lenalidomide maintenance therapy offers the same long-term survival benefit as indefinite treatment for patients with standard-risk multiple myeloma who are not transplant candidates. After nearl...

Company Fundamentals
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