Rising interest rates could dampen investment in cryptocurrencies, impacting 
market stability and investor confidence.
The post Bitcoin extends losses below $69K as Fed&#8217;s Hammack warns sticky 
inflation may force rate hike appeared first on Crypto Briefing.

Rising interest rates could dampen investment in cryptocurrencies, impacting market stability and investor confidence. The post Bitcoin extends losses below $69K as Fed&#8217;s Hammack warns sticky inflation may force rate hike appeared first on Crypto Briefing.

Bitcoin extends losses below $69K as Fed’s Hammack warns sticky inflation may force rate hike

A trader on the decentralized prediction market Polymarket lost about $527,000 
in a single day after Strategy disclosed its first bitcoin sale since 2022, 
per Lookonchain. A Bet Settled by an SEC Filing A Polymarket trader identified 
onchain as ‘willo2’ lost around $527,000 in a day after Strategy’s bitcoin 
sale was made public. The wager […]

A trader on the decentralized prediction market Polymarket lost about $527,000 in a single day after Strategy disclosed its first bitcoin sale since 2022, per Lookonchain. A Bet Settled by an SEC Filing A Polymarket trader identified onchain as ‘willo2’ lost around $527,000 in a day after Strategy’s bitcoin sale was made public. The wager &#8230;

Polymarket Trader Loses $527K as Strategy’s First Bitcoin Sale Since 2022 Settles a Heated Bet

Polymarket faces dispute after Strategy sold 32 BTC by May 31 but disclosed it 
June 1, dividing traders over when sales count in rules.

Polymarket faces dispute after Strategy sold 32 BTC by May 31 but disclosed it June 1, dividing traders over when sales count in rules.

Strategy Bitcoin sale sparks Polymarket dispute over rules

Crypto analyst Aralez has revealed that Bitcoin is entering an accumulation 
zone that could propel it to a new all-time high (ATH). The analyst signaled 
that BTC could rally to as high as $250,000 in the next bull market. Analyst 
Reveals Bitcoin Entering Major Accumulation Zone In an X post, Aralez stated 
that Bitcoin is near a major accumulation zone, with BTC following a similar 
script to past bear market cycles. He noted that the leading crypto saw losses 
of 87%, 84%, and 77.5% from its cycle highs in 2013, 2017, and 2021, 
respectively. Now, Bitcoin is down around 42% from its October 2025 high of 
$126,000. Related Reading: Bitcoin Is Still Following This Descending Channel 
Pattern And The Endgame Shows The Bottom The analyst’s accompanying chart 
showed that Bitcoin could bottom around $40,000 in this bear market before it 
then rallies to a new all-time high in the next bull run. The bottom is 
expected to happen between now and the start of next year. Meanwhile, the 
chart also showed that BTC could rally to as high as $250,000 by 2029. 
Aralez’s analysis comes amid Bitcoin’s recent decline, with the leading crypto 
dropping below $71,000 and now at risk of dropping below the psychological 
$70,000 level. The latest decline came as Michael Saylor’s Strategy announced 
that they sold 32 BTC. This was the first time that the largest Bitcoin 
treasury firm has sold BTC since 2022, when it sold for a tax-loss harvesting 
transaction. At the same time, a U.S.-Iran peace deal is looking unlikely 
anytime soon, which is also bearish for Bitcoin. Iran had suspended 
negotiations with the U.S. over ceasefire violations, which caused BTC to drop 
below $71,000. The leading crypto also failed to record any notable bounce, 
even as U.S. President Donald Trump said that negotiations were still ongoing. 
BTC Breaks 4-Month Ascending Channel In another X post, Aralez revealed that 
Bitcoin had just broken a 4-month ascending channel and that it had lost a key 
support after testing the $70,000 zone. The analyst then outlined what he 
expects next from BTC’s price action, with an acceptance below $73,000 
happening and then a liquidity sweep around $70,000. Related Reading: Bitcoin 
Enters Buy Zone That Previously Led To A 660% And 1,700% Rally The analyst 
further stated that a relief bounce could follow, with a retest near $74,000, 
then a move lower towards $65,000, $60,000, and finally $58,000. He also 
warned that a mini rally is likely over and that the broader trend still 
points toward new local lows. Aralez added that there may be short-term 
bounces, but expecting a fresh push above $83,000 could be costly. At the time 
of writing, the Bitcoin price is trading at around $70,500, down over 3%, 
according to data from CoinMarketCap. Featured image from Pixabay, chart from 
Tradingview.com

Crypto analyst Aralez has revealed that Bitcoin is entering an accumulation zone that could propel it to a new all-time high (ATH). The analyst signaled that BTC could rally to as high as $250,000 in the next bull market. Analyst Reveals Bitcoin Entering Major Accumulation Zone In an X post, Aralez stated that Bitcoin is &#8230;

Bitcoin Moves Into Accumulation Zone That Will Send It On Next All-Time High Run To $250,000

Moneygram launched MGUSD on June 2, 2026, a U.S. dollar stablecoin built 
natively on the Stellar blockchain and integrated directly into the Moneygram 
app for self-custodial wallet access. What MGUSD Is and How It Works The 
stablecoin is issued by Bridge, a Stripe company that the firm describes as 
GENIUS Act-ready. Minting and burning run […]

Moneygram launched MGUSD on June 2, 2026, a U.S. dollar stablecoin built natively on the Stellar blockchain and integrated directly into the Moneygram app for self-custodial wallet access. What MGUSD Is and How It Works The stablecoin is issued by Bridge, a Stripe company that the firm describes as GENIUS Act-ready. Minting and burning run &#8230;

60 Million Moneygram Users Gain Access to a Self-Custodial Dollar via Stellar Stablecoin

Solana spot ETFs hold $1.06B in AUM. SOL is down 77% from ATH. Here&#8217;s why 
institutional buying isn&#8217;t moving the price, and what could change the 
dynamic.

Solana spot ETFs hold $1.06B in AUM. SOL is down 77% from ATH. Here&#8217;s why institutional buying isn&#8217;t moving the price, and what could change the dynamic.

Bitcoin extends losses below $69K as Fed’s Hammack warns sticky inflation may force rate hike

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