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Bitcoin may hit market bottom soon as Strategy unwinds leverage; new bull market expected this fall.

Market News
02 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Bitwise CIO Matt Hougan believes Bitcoin is nearing a market bottom due to the unwinding of excess leverage linked to Strategy’s STRC preferred stock. STRC’s recent price drop reflects a necessary correction after years of financial engineering that fueled Bitcoin demand. Strategy has shifted from being a consistent Bitcoin buyer to a more flexible approach, selling Bitcoin to maintain cash reserves and meet obligations. Hougan expects institutional investors to drive the next Bitcoin bull market, which he predicts will begin this fall.

More News

Snail Games to showcase expanded game lineup and new titles at Gamescom 2026 in Germany

Snail Games to showcase expanded game lineup and new titles at Gamescom 2026 in Germany

Snail Games announced it will participate in Gamescom 2026 from August 26-30 in Cologne, Germany, showcasing an expanded portfolio including new IPs and a never-before-seen AAA game. Highlights include expansions of the flagship survival series "ARK:...

Market News
Bullish
35 minutes ago
Snail Games to showcase expanded game lineup and new title at Gamescom 2026 in Germany

Snail Games to showcase expanded game lineup and new title at Gamescom 2026 in Germany

Snail Games announced its participation in Gamescom 2026, held in Cologne, Germany from August 26-30. The company will present an expanded portfolio including new content for its flagship survival series Ark: Survival Ascended, a new open universe MM...

Market News
Bullish
35 minutes ago
Union Pacific and CN agree to enhance North American rail connectivity, expanding service between Canada and Mexico.

Union Pacific and CN agree to enhance North American rail connectivity, expanding service between Canada and Mexico.

Union Pacific and Canadian National Railway (CN) have signed a binding agreement to improve rail service across North America. The deal expands Union Pacific's operating rights on CN's Elgin, Joliet and Eastern corridor near Chicago and grants CN new...

Company Fundamentals
Bullish
1 hour ago
Oak Valley Bancorp reports Q2 net income of $5.1M and declares $0.375/share dividend for August

Oak Valley Bancorp reports Q2 net income of $5.1M and declares $0.375/share dividend for August

Oak Valley Bancorp reported a Q2 2026 net income of $5.1 million, slightly down from previous periods due to higher expenses and lower non-interest income. Loan growth and improved loan yields increased net interest income, while non-performing asset...

Company Fundamentals
Neutral
2 hours ago
Japan may launch its first Bitcoin ETF by 2028 as new rules allow crypto in investment trusts.

Japan may launch its first Bitcoin ETF by 2028 as new rules allow crypto in investment trusts.

Japan is preparing to approve its first Bitcoin exchange-traded fund (ETF) by 2028 following regulatory changes that classify crypto assets as financial investment products. Major Japanese asset managers like SBI Securities and Rakuten Securities are...

Market News
Bullish
4 hours ago
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