Rick Rieder, Blackrock's CIO of Global Fixed Income, stated on June 15, 2026, that he believes bitcoin will go "considerably higher" over the long term despite its recent price drop of about 50% from its peak. Blackrock maintains a moderate bitcoin exposure, balancing it against opportunities in technology and emerging market debt. The firm also launched a new Bitcoin Premium Income ETF (BITA) that combines bitcoin holdings with income-generating options strategies. Rieder's bullish stance and Blackrock's continued bitcoin accumulation signal confidence in bitcoin's future growth despite short-term volatility and capital rotation pressures.
Solana (SOL) saw a 1.7% price drop to around $79-$80 but maintained key support levels despite broader crypto declines. U.S. spot Solana ETFs attracted $5.75 million in net inflows, contrasting Bitcoin and Ethereum ETFs which faced outflows. The netw...
Bitcoin reached $64,400 before settling near $63,170, maintaining a 6% weekly gain despite Strategy selling 3,588 BTC worth $216 million. Ether rose 11.6% weekly, while XRP and Solana kept most of their gains. A missile strike near the Strait of Horm...
Yields on 10-year Japanese government bonds have surged to a 30-year high, pushing up borrowing costs globally and challenging Bitcoin's recent price gains. This rise increases the opportunity cost of holding Bitcoin, which generates no income, poten...
The stablecoin market has grown to about $300 billion, with Tether (USDT) and USD Coin (USDC) strengthening their dominance. USDT leads with a market cap of around $186 billion, and USDC follows with about $70 billion, while other stablecoins remain ...
Grayscale supports MicroStrategy's decision to sell over $3 billion in Bitcoin, arguing it could reduce the company's financing risks and restore market confidence. MicroStrategy faces significant dividend obligations and cash reserve declines, promp...
