Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: James Wilson
Robert Kiyosaki has again urged followers to move away from cash and into hard assets. Summary Robert Kiyosaki renewed his cash warning while promoting gold, silver, Bitcoin, and Ethereum as alternative assets. Bitcoin and Ethereum remain under pressure after June’s selloff, ETF outflows, and broader macro stress. Market attention continues to rise on growing fear, but stronger demand still requires confirmation from sustained buying activity. In a June 13 post on X, the Rich Dad Poor Dad author asked how much a trillion dollars is, then used the answer to attack dollar savings. Kiyosaki wrote that “cash is trash” and…
The U.S. Securities and Exchange Commission (SEC) has approved NYSE Arca’s proposal to list and trade shares of the T. Rowe Price Active Crypto ETF. Summary SEC approval brings actively managed multi-asset crypto exposure closer to NYSE Arca investors this year. The fund may hold Bitcoin, Ethereum, XRP, Solana, Dogecoin, Shiba Inu and other qualified assets. ETF demand remains mixed across Bitcoin, XRP, Solana and Ethereum investment products. The order, dated June 12, covers the fund under NYSE Arca Rule 8.201-E for commodity-based trust shares. The product gives investors a single listed vehicle for several crypto assets. It is not…
SkyBridge Capital founder Anthony Scaramucci and Galaxy Digital CEO Mike Novogratz said Bitcoin could reclaim $70,000 by the end of July 2026. Summary Scaramucci sees negative Bitcoin sentiment as fuel for a possible move back above $70K soon. Novogratz says CLARITY Act progress could support Bitcoin, but timing remains politically uncertain this summer. The SpaceX IPO and Strategy trades add pressure to an already cautious crypto market setup. They made the call on the latest All Things Markets episode, which centered on SpaceX, U.S. debt, inflation, crypto rules, and Strategy’s Bitcoin moves. Scaramucci said he expects Bitcoin to return to…
Strategy CEO Phong Le said the company’s 32 BTC sale was a test of its process and not a sign that the firm needed cash for dividends. Summary Phong Le said Strategy’s 32 BTC sale tested internal systems, not a dividend funding need. Strategy still bought 1,550 BTC afterward, lifting total holdings to 845,256 Bitcoin by June 7. Saylor’s CEBE BPS metric shifts investor focus toward debt, preferred stock and common shareholder risk. In a June 13 interview, Le said the sale helped “inoculate the market” and gave Strategy a way to check how an internal Bitcoin sale would work.…
Ethereum Foundation privacy project Kohaku lead Nico said Ethereum accounts can start preparing for post-quantum risks without waiting for a hard fork. Summary Nico says Ethereum accounts can start quantum protection now without waiting for protocol changes. SPHINCS- aims to verify post-quantum signatures on Ethereum at practical on-chain costs for wallets. Ethereum’s roadmap already names privacy, security, and post-quantum work as core technical priorities. In a June 2026 post on X, Nico wrote, “Ethereum can already start preparing accounts for a post quantum world, without waiting for a hard fork.” Ethereum can already start preparing accounts for a post quantum…
Michael Saylor, founder and chairman of Strategy, said Bitcoin treasury firms need more than one measure to track their exposure to Bitcoin. Summary Saylor says CEBE BPS shows Bitcoin exposure after debt and preferred stock claims are counted. BPS tracks common equity growth, while BTC Yield measures execution across Strategy’s Bitcoin accumulation plan. Shorter liabilities raise CEBE’s role, while lower-cost long-term claims can support Bitcoin upside per share. In a set of posts on X on June 14, he drew a line between Bitcoin Per Share, or BPS, and Common Equity Bitcoin Exposure BPS, also called CEBE BPS. “BPS measures…
XRP exchange-traded products continued to attract investor capital for a fifth consecutive week, even as Bitcoin and Ethereum funds recorded net outflows. Summary XRP ETF products recorded positive inflows while Bitcoin and Ethereum funds posted outflows recently. Analysts see a short-term XRP rebound signal, though whale activity remains weak overall. XRP trades near $1.15 as investors monitor ETF demand and key support levels. The latest fund flow data showed XRP-linked products brought in about $10.68 million during the week ended June 12. The inflows came as broader crypto markets remained under pressure from risk-off sentiment and continued uncertainty around global…
India’s crypto tax checks have become stricter after the Income Tax Department issued more than 44,000 notices linked to virtual digital asset filings. Summary India issued over 44,000 VDA notices after matching crypto filings with exchange-reported transaction data. Tax officials found Rs 888 crore in hidden VDA income as filing checks became stricter. Investors must report each trade, swap, and disposal under Schedule VDA for FY 2025-26. The department found more than Rs 888 crore, or about $104 million, in undisclosed VDA income, according to The Economic Times. The figures show how tax officials are using exchange data, TDS filings,…
GameStop has extended a Bitcoin options deal with Coinbase after the previous contracts expired worthless, preserving $5.8 million in premium income and resetting the strike at $80,000. Summary GameStop renewed a covered-call Bitcoin strategy with Coinbase, collecting $5.8 million in option premiums. Nearly all 4,710 BTC remain pledged under the arrangement, with the strike price lowered to $80,000. Most quarterly profit came from interest income and eBay-linked gains, while Bitcoin added about $1 million. According to the company’s quarterly filing submitted to the U.S. Securities and Exchange Commission on Thursday, GameStop rolled over the Bitcoin-linked contracts with Coinbase after a…
Litecoin has drawn fresh attention as large holders increased their positions while transaction activity stayed weak. Summary Santiment data showed Litecoin whale and shark wallets increased by 42 over five months. LitVM renewed the Litecoin discussion as the project seeks to bring smart contracts through zkLTC. Litecoin rose 1.28% to $42.95 after recovering from lows near $42.20. Santiment data showed whale and shark wallets rising over the past five months. The discussion around LitVM also brought new focus to Litecoin’s utility debate. Whales and sharks increase Litecoin holdings According to an observation by Santiment, wallets holding at least 10,000 LTC…