Bitcoin Snaps Back 5% but the $70,000 Ceiling Holds
Bitcoin posted a 5% rebound but failed to reclaim the $70,000 threshold, ETF Database reported, leaving the rally looking more like a dead-cat bounce than a trend reversal. The round number has reasserted itself as the level to…
HONG KONG · By Dev Okafor · 2 min read
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Bitcoin Faces Convergent Macro Pressure as Iran Strike, CPI Surprise and SpaceX IPO Weigh on Sentiment
Bitcoin reached what analysts described as a breaking point on June 9, caught between a U.S. military strike on Iran, an unexpected consumer-price reading, and the looming capital demands of a potential SpaceX public offering.…
HONG KONG · June 17, 2026 · 2 min
Standard Chartered Calls Bitcoin Cycle Bottom as Strategy Purchase Update Looms
Standard Chartered analyst Geoff Kendrick has told clients that crypto prices have likely seen their cycle low, declaring "winter is over" ahead of an expected Bitcoin purchase disclosure from Strategy. The call marks one of the…
HONG KONG · June 17, 2026 · 2 min
Solana Policy Institute Backs CLARITY Act but Sets Four Conditions for Senate Vote
The Solana Policy Institute is pressing the US Senate to pass the CLARITY Act while insisting four unresolved priorities must be embedded in the final text before the bill advances to a full vote. Kristin Smith, the institute's…
HONG KONG · June 17, 2026 · 2 min
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