Bitcoin news

Bitcoin opened at $58,549.86 on Wednesday, down 2.6% from Tuesday's open. The price of bitcoin was $58,439.99 as of 8:27 a.m. ET this morning. Ethereum opened at $1,569.74 on Wednesday, down 2.5% compared to Tuesday's opening price. Ethereum prices this morning shifted to $1,568.26 as of 8:27 a.m. ET.

Investing.com -- Citi cut its price target on Strategy Inc. to $136 from $260 in a note Wednesday, while maintaining its Buy rating and High Risk designation, after revising its 12-month Bitcoin forecast 27% lower to approximately $81,800.

Bill Miller made his name buying assets everyone else was afraid to touch, but three stocks inspired by that contrarian playbook land in very different places when a retirement portfolio has to pay actual bills.

The largest hit came from Trump's 38.25% economic interest in World Liberty Financial, whose estimated value fell from at least $58 million to $31.5 million.

STORY: From the U.S. President's big crypto profits to Citigroup cutting its forecasts for bitcoin and ether...This is Crypto Weekly.:: Crypto Weekly:: Trump scores big crypto profitsU.S. President Donald Trump reported more than $1.4 billion in income from his family’s crypto ventures last year.That's according to a review of his latest financial disclosures.It showed how Trump now derives most of his income from digital assets that have benefited from his policies.The filings disclosed his companies received almost $800 million from the crypto venture he and his sons co-founded, called World Liberty Financial.He also reported another $635 million from the sale of his Trump meme coins.:: Citigroup trims bitcoin and ether forecastsCitigroup slashed its 12-month forecasts for bitcoin and ether.It lowered its bitcoin target to $82,000 from a previous $112,000, while ether also dropped to just over $2,200 from above $3,000.Citigroup said weaker investor interest and negative exchange-traded fund flows hurt the outlook for the two largest cryptocurrencies.The lender also blamed a lack of progress on U.S. digital asset registration.:: British investors suing BinanceAlmost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least $200 million.They allege the crypto trading platform sold them risky, complex derivative products without regulatory authorisation.Some of the claimants claim they lost tens of thousands of dollars.Binance vowed to defend itself but didn't comment further on ongoing litigation.:: Crypto firms bankroll U.S. midtermsAnd cryptocurrency companies have spent $189 million so far to influence this year's U.S. midterm elections.That's according to a new report from the consumer advocacy organization Public Citizen.The figures outpaces their spending for the previous election cycle.Public Citizen added more than one-third of all corporate money contributed to this year's November elections, and primary elections leading up to them, has come from the crypto industry.

Investing.com-- The U.S. dollar held near its highest level in over a year against the euro on Wednesday, while the Japanese yen languished near four-decade lows, keeping traders on high alert for official intervention ahead of a crucial gathering of global central bankers.

The president's annual financial disclosure report was released on Tuesday.

Trump reported over $1 billion in crypto earnings for 2025, as the Supreme Court expanded his power over regulators.

Strategy holds 847,363 Bitcoin at an average cost of $75,651, but BTC trades below $60,000, leaving the firm with huge unrealized losses.

The Dow Jones Industrial Average added 0.3% to another record, and the Nasdaq composite climbed 1.5%. Stock indexes rose in much of Europe and Asia, while the Japanese yen fell near a 40-year low against the U.S. dollar. The Nasdaq composite rose 393.58 points, or 1.5%, to 26,213.72.

Forex dynamics and policy intervention could prompt an unwinding of the yen carry trade just as US market volume thins out.

The dollar index (DXY00 ) on Tuesday rose by +0.07%. The dollar moved higher amid month- and quarter-end demand, with Tuesday being the last trading day of Q2. Also, Tuesday’s decline in the yen to a 39-year low is dollar-supportive. In addition, higher T-note yields on Tuesday strengthened the dollar’s...

In an interview, Kevin O'Leary laid out his near-term price framework for Bitcoin, pointing to regulatory clarity as the deciding factor that keeps the asset capped within a wide trading range rather than breaking out toward the valuations some of his peers believe are achievable. Asked to name a ...

Coinbase (NASDAQ:COIN) Head of Institutional Strategy John D’Agostino used a recent CNBC Squawk Box appearance to push back on the wave of skepticism that has followed a brutal stretch for crypto prices. His core argument is that Bitcoin has already survived six major boom-and-bust cycles, making today’s downturn look more like history repeating than a ... Coinbase Strategist: Bitcoin Has Survived “6 of These Cycles” in 15 Years and “Over 40 Countries” Hold Bitcoin

Matthew Sigel’s analysis used Digital Realty's $3.5 billion Northern Virginia data center transaction as a benchmark.

The dollar index (DXY00 ) today is up by +0.21%. The dollar is moving higher on month- and quarter-end demand, with today being the last trading day of Q2. Also, today's decline in the yen to a 39-year low is supportive for the dollar. In addition, today's weaker-than-expected German June...

The $48,400 mark is crucial. Holding above it could signal the final stages of a market bottom, while breaching it could trigger larger sell-offs, analysts say.

On The Wolf of All Streets, critic Peter Schiff said Saylor "basically just surrendered," moving from the biggest buyer to the biggest seller.

In crypto news today (June 30), BTC USD continues to trade under $60,000, with the monthly close today likely to dictate the price action for July. Liquidations continue to slow, with only $286M in positions liquidated over the past 24 hours, down from over $1Bn just last week. This week ...

The crypto market is down 1% as capital rotated into stocks on US-Iran talk hopes. BTC slips below $60,000 while Aave defends key support.