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Bitcoin could hit $70K by late July amid debt, inflation, and new U.S. crypto rules, say Scaramucci and Novogratz.

Market News
14 Jun 2026
The Currency Analytics
View Source
Bullish
Bitcoin could hit $70K by late July amid debt, inflation, and new U.S. crypto rules, say Scaramucci and Novogratz.

Anthony Scaramucci of SkyBridge Capital and Mike Novogratz of Galaxy Digital predict Bitcoin will reach $70,000 by late July. They base this forecast on rising debt levels, persistent inflation, and the potential impact of the U.S. CLARITY Act, which could clarify cryptocurrency regulations and attract institutional investors. Market sentiment and regulatory developments are key factors, though uncertainty remains about the act's final form and timing. Their prediction highlights Bitcoin's growing role as a hedge against economic instability, but market reaction could vary depending on how these elements unfold.

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Bill Gross launches Idealab.ai to share 1.2M AI-generated business ideas and boost global entrepreneurship.

Bill Gross launches Idealab.ai to share 1.2M AI-generated business ideas and boost global entrepreneurship.

Bill Gross, a serial entrepreneur behind over 175 companies, has launched Idealab.ai, a platform using AI to generate and share over 1.2 million business ideas based on real-world problems. The platform aims to lower barriers to entrepreneurship by h...

Others
Bullish
36 minutes ago
Cardinal Infrastructure faces securities fraud probe after Q2 profit margin drop and stock plunge.

Cardinal Infrastructure faces securities fraud probe after Q2 profit margin drop and stock plunge.

The Portnoy Law Firm has launched an investigation into Cardinal Infrastructure Group for possible securities fraud following the company's Q2 2026 financial report. Cardinal revealed a decline in its gross profit margin to 10.8%, down from 13.9% the...

Market News
Bearish
36 minutes ago
AIOS Tech to acquire SmartCore in $100M all-stock deal to boost cross-border network and data center services

AIOS Tech to acquire SmartCore in $100M all-stock deal to boost cross-border network and data center services

AIOS Tech Inc. announced an agreement to acquire SmartCore Holdings Limited in an all-stock transaction valued at approximately $100 million. The deal will issue 33.3 million AIOS shares to SmartCore's sellers, who will hold about 80% of AIOS shares ...

Company Fundamentals
Bullish
36 minutes ago
Phase II trial shows XBiotech's vilamakitug improves survival in refractory metastatic colorectal cancer.

Phase II trial shows XBiotech's vilamakitug improves survival in refractory metastatic colorectal cancer.

XBiotech announced positive results from the Phase II TASKIN trial, where their antibody vilamakitug combined with standard chemotherapy improved 12-month overall survival to 61.3% in refractory metastatic colorectal cancer patients, surpassing the s...

Company Fundamentals
Bullish
36 minutes ago
Proof and Circle demo AI agents proving identity and paying in USDC for trusted transactions

Proof and Circle demo AI agents proving identity and paying in USDC for trusted transactions

Proof and Circle Internet Group demonstrated a new system where AI agents can prove the identity of the person they represent using Proof's x401 open identity protocol and pay merchants in USDC via Circle's x402 payment protocol. This innovation addr...

Market News
Bullish
36 minutes ago
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