Crypto analyst Ardi has drawn attention to an interesting dynamic amid the Bitcoin price bounce from a recent low of around $59,000. Based on his analysis, the BTC bottom has likely not formed, with the leading crypto set to fall to new lows. Analyst Explains What Is Going on Amid Bitcoin Price Bounce In an X post, Ardi said that one of the more interesting developments during this distribution range has been the disconnect between retail and larger market participants. He noted that retail has spent months buying every dip as the Bitcoin price declines, thinking that those declines were likely the bottom being handed on a “silver platter.” Related Reading: Bitcoin Trader Says Something Extremely Bad Is Coming Today, Here’s What While retail investors have been buying the dip, mid-sized and institutional participants have spent the same period selling into every bounce. Ardi noted that people with the least capital are absorbing supply from those with the most. He declared that this i
Ethereum is trading near $1,644, roughly 67% below its all-time high of $4,946 set on Aug. 24, 2025, as a combination of macro pressure, persistent ETF outflows, and bitcoin’s rising dominance has pushed the second-largest cryptocurrency to its weakest relative position in years. ETH by the Numbers As of June 9, 2026, ETH’s 24-hour range […]
Arthur Hayes has turned sharply defensive on risk assets, warning that an AI stock-market unwind could spill into crypto before Bitcoin eventually benefits from the liquidity response that follows. In his June 9 essay “Reality Test,” the BitMEX co-founder said Maelstrom has cut several crypto positions while keeping Bitcoin and Ether as core holdings. Hayes’ argument starts outside crypto, with oil. He frames the US-Iran conflict and reduced Strait of Hormuz traffic as the central macro variable for markets, arguing that higher hydrocarbon prices could feed inflation, constrain US political options and pressure the AI trade that has dominated capital allocation since late 2022. “We start with oil and end with an election in Pax Americana,” Hayes wrote. “This story arc could produce a situation whereby the AI stock bubble pops and takes the entire crypto complex down with it. When the dust settles, then and only then, can Bitcoin rise from the ashes.” Hayes Turns Bearish On Crypto And R
Circle has launched cirBTC on Ethereum, allowing institutions and BTC holders to deploy bitcoin as collateral in decentralized finance ( DeFi) markets without selling their underlying position. What cirBTC Is Every cirBTC token is backed 1:1 by native bitcoin. The underlying BTC is held at a regulated Circle entity and kept separate from the company’s […]
Monaco's tax-free crypto gains appeal to wealthy investors, but high residency costs limit access, impacting global tax strategies.
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Arthur Hayes published a macro thesis arguing Bitcoin cannot rally until the AI stock bubble deflates, citing $1.5 trillion in AI debt issuance that absorbed the liquidity Bitcoin needed. He exited HYPE, NEAR, WLD, and ZEC and rotated Maelstrom's equity book into US energy producers.
Bitcoin’s latest upward move has sparked debate among market participants, and some believe the rally may have little to do with the purchase announcement that received the most attention. While the acquisition is generally viewed as constructive for the broader market, it is not necessarily the type of development that would justify a significant upward move in Bitcoin price. Why The Latest Purchase May Not Be Driving Bitcoin Rally The Bitcoin’s recent move higher is being misinterpreted as a direct reaction to purchase news, when in reality the drivers appear to be more technical in nature. Crypto analyst Aylo has explained on X that the BTC bounce is likely the result of an oversold market finding relief after sweeping key February lows. Related Reading: Bitcoin Supply In Loss Crosses Critical Threshold — Bullish Reversal Next? Another factor supporting the move higher is the easing of concerns surrounding Strategy and its Bitcoin holdings. The company’s recent sale of a relatively