hodler

6 Jun 2026, 03:00

488 Billion Shiba Inu (SHIB) in 24 Hours: Exchange Flows Turn Even More Bearish

Shiba Inu faces renewed selling pressure as traders rapidly unwind leveraged positions and risk appetite continues to fade.

6 Jun 2026, 02:50

Final Hours to Apply to Speak at Bitcoin World Disrupt 2026 in San Francisco

BitcoinWorld Final Hours to Apply to Speak at Bitcoin World Disrupt 2026 in San Francisco The deadline to submit a speaker application for Bitcoin World Disrupt 2026 is tonight at 11:59 p.m. PT. The event, scheduled for October 13–15 at Moscone West in San Francisco, is expected to draw more than 10,000 startup founders, investors, and technology leaders. Organizers are seeking proposals from founders, operators, and experts across AI, fintech, infrastructure, robotics, and other emerging fields. What the Event Offers Bitcoin World Disrupt 2026 is one of the largest annual gatherings for the startup and venture capital ecosystem. This year’s edition will feature over 200 hands-on sessions led by more than 250 industry leaders, along with 300+ showcasing startups. The conference is designed to facilitate networking, knowledge sharing, and deal-making among attendees. Speaker Application Process Applicants can choose between two session formats: Breakout Sessions: 30-minute talks (up to 4 speakers, including a moderator) followed by a 20-minute audience Q&A. Capacity is 100 attendees. Roundtables: 30-minute speaker-led group discussions for up to 40 participants. No slides or AV equipment are used — the focus is on conversation and insight. Applications will be reviewed by the editorial team, and finalists will be selected through an Audience Choice vote. Readers of Bitcoin World will decide which sessions make it to the main stage. Why This Matters for the Tech Community Speaking at Disrupt 2026 offers a platform to influence conversations around key industry trends, from AI and climate tech to biotech and government policy. The event provides direct exposure to a highly engaged audience of investors, potential partners, and peers. For startups, a well-received session can lead to funding opportunities, media coverage, and strategic connections. Conclusion With only hours remaining, qualified candidates with actionable insights and real-world experience are encouraged to apply. The submission portal closes at 11:59 p.m. PT tonight. Additional details about the application process and session guidelines are available on the Bitcoin World Disrupt Call for Content page. FAQs Q1: What is the deadline to apply to speak at Bitcoin World Disrupt 2026? A: Applications close tonight at 11:59 p.m. PT. Q2: What session formats are available for speakers? A: Speakers can lead either a 30-minute breakout session (with up to 4 speakers and audience Q&A) or a 30-minute roundtable discussion for up to 40 participants. Q3: How are speakers selected? A: The editorial team reviews all applications, and finalists are chosen through an Audience Choice vote by Bitcoin World readers. This post Final Hours to Apply to Speak at Bitcoin World Disrupt 2026 in San Francisco first appeared on BitcoinWorld .

6 Jun 2026, 02:40

Bitcoin at Critical Crossroads: Analyst Says $71K Support Must Hold to Avoid Drop to $61K

BitcoinWorld Bitcoin at Critical Crossroads: Analyst Says $71K Support Must Hold to Avoid Drop to $61K Bitcoin (BTC) is approaching a pivotal price level that could determine its short-term trajectory, according to cryptocurrency analyst Kaal van de Poppe. In a post on X, van de Poppe warned that if BTC fails to maintain support at $71,000, the leading digital asset could slide into the $61,000 to $65,000 range. However, he emphasized that a deeper correction below $61,000 is unlikely, as that zone aligns closely with Bitcoin’s 200-day moving average — a historically strong support level that has held in past market cycles. Why the $71,000 Level Matters The $71,000 support level is not arbitrary. It represents a price point where Bitcoin has previously consolidated and attracted buying interest. Van de Poppe’s analysis suggests that a breakdown below this level would signal weakening momentum, potentially triggering stop-losses and further selling pressure. The analyst noted that historical patterns show Bitcoin corrections rarely exceed the 200-day moving average, which currently sits near $61,000. This technical anchor provides a floor that could prevent a more severe downturn. What a Breakout Above $76,600 Could Mean On the upside, van de Poppe identified $76,600 as a key resistance level. If Bitcoin can hold above $71,000 and push through this resistance, it could ignite a strong uptrend. The analyst suggested that such a move would not only benefit Bitcoin but could also trigger a broader altcoin rally, as positive sentiment often spills over into smaller cryptocurrencies. This scenario would align with a pattern seen in previous market cycles, where Bitcoin’s stability or gains lead to increased risk appetite across the crypto ecosystem. Market Context and Investor Implications Bitcoin’s current price action comes amid a period of mixed sentiment in the broader financial markets. While institutional interest in crypto remains robust, macroeconomic factors such as interest rate expectations and regulatory developments continue to influence price movements. For traders and investors, the $71,000 level serves as a near-term litmus test. Holding above it could reinforce bullish sentiment, while a break below might prompt caution and portfolio adjustments. Van de Poppe’s analysis underscores the importance of watching these technical levels closely, especially for those with exposure to altcoins that often amplify Bitcoin’s moves. Conclusion Bitcoin stands at a technical crossroads. The $71,000 support level is critical: holding it could pave the way for a rally toward and beyond $76,600, potentially lifting the entire crypto market. Failing to do so could see BTC test the $61,000 to $65,000 range, though the 200-day moving average offers a strong safety net. As always, market conditions can shift rapidly, and investors should remain informed and cautious. FAQs Q1: What is the significance of the $71,000 support level for Bitcoin? A1: The $71,000 level is a key price point where Bitcoin has previously consolidated. If it fails to hold, analysts expect a drop to the $61,000-$65,000 range, which aligns with the 200-day moving average. Q2: Why is a drop below $61,000 considered unlikely? A2: The $61,000 area corresponds to Bitcoin’s 200-day moving average, a historically strong support level. Past market cycles have not seen deeper corrections beyond this point, making a breakdown below it less probable. Q3: What could trigger an altcoin rally according to the analyst? A3: If Bitcoin holds above $71,000 and breaks through the $76,600 resistance level, it could spark a strong uptrend. Positive momentum in Bitcoin often leads to increased investor confidence and capital rotation into altcoins, potentially driving a broader rally. This post Bitcoin at Critical Crossroads: Analyst Says $71K Support Must Hold to Avoid Drop to $61K first appeared on BitcoinWorld .

6 Jun 2026, 02:26

U.S. stocks plunge as prediction markets increase Fed rate hike odds amid solid jobs data

U.S. stocks and Wall Street suffered the sharpest selloffs in months on Friday, with traders seeing a higher chance of Federal Reserve interest rate hikes after May payroll figures from the Bureau of Labor Statistics exceeded expectations massively. The figures released on Friday from the Bureau stated that the economy added 172,000 jobs last month, well above expectations of around 80,000, as unemployment held at 4.3%. For investors and traders in the stock market, this simply meant any remaining hope for rate cuts in 2026 was eliminated with inflation already running hot and the Iran war still raging on. Markets see red The tech-heavy Nasdaq Composite dropped 4.18% in 24h, its worst daily decline since April 2025. The S&P 500 also lost 2.64%, abruptly ending a nine-week winning streak in its worst session since October last year. The Dow Jones Industrial Average shed 695 points and fell by 1.35%. Semiconductor and AI-related stocks took the biggest hits on the market. Tech big shot and the most publicly traded stock globally, Nvidia, fell by almost 6%. Oracle dipped by 10%, and IBM lost 7%. Broadcom, already in the red due to a reported weak third-quarter guidance for chip revenue, fell another 7.9% on Friday to extend its weekly loss past 13%. The selling intensified in late trading after the Financial Times reported that Meta Platforms was exploring a multibillion-dollar stock offering to fund its AI buildout. Meta shares fell by more than 5.5% afterwards. The selloff also spread beyond stocks and equities to even crypto and commodities. Bitcoin fell by more than 5% and slipped below $60,000, hitting its lowest level since October 2024. The cryptocurrency has now fallen more than 50% from its record high last October, as selling pressure rose this week following Strategy’s first Bitcoin sale since 2022. In addition, Gold dropped more than 3.5%, a dip that almost wiped out its gains for the entire year. Bond market reprices due to Fed changes In stark contrast, treasury yields jumped as traders recalibrated expectations for monetary policy under newly installed Fed Chairman Kevin Warsh. Two-year yields, most sensitive to rate expectations, surged to 4.17%, while the 10-year yield climbed to 4.55%. Interest rate swaps also reflected trader expectations of a quarter-point hike by the December Fed meeting, with an almost 60% chance of a move as early as October, according to CME FedWatch data. “The whole narrative has changed for the Treasury market and the Fed,” Kevin Flanagan, head of investment strategy at WisdomTree, said. White House pushback National Economic Council Director Kevin Hassett dismissed the market reaction, saying traders are “terribly wrong” to interpret the jobs report as a signal for higher rates. Hassett argued that the oil and energy issues from the Iran conflict are unlikely to cause global inflation. Citigroup economists, among the most accurate Fed forecasters in 2025, maintained their call for three quarter-point cuts starting in September. Edward Jones senior economist James McCann also wrote that the bar for actual rate hikes remains high and would require evidence of “more persistent” inflation. The Fed will meet on June 16-17 for Kevin Warsh’s first meeting as chair. The smartest crypto minds already read our newsletter. Want in? Join them .

6 Jun 2026, 02:20

Zcash Not Banned in EU, Policy Chief Clarifies Regulatory Scope

BitcoinWorld Zcash Not Banned in EU, Policy Chief Clarifies Regulatory Scope Paul Brigner, chief policy and regulatory officer at the Zcash Open Development Lab (ZODL), has publicly refuted claims that Zcash (ZEC) is banned in the European Union. In a statement on X, Brigner clarified that EU regulations do not prohibit the Zcash protocol itself, but rather impose restrictions on regulated crypto service providers handling accounts with unverifiable transaction histories. Understanding the Regulatory Framework Brigner explained that the EU’s regulatory framework, particularly under the Markets in Crypto-Assets (MiCA) regulation and related Anti-Money Laundering directives, targets service providers rather than underlying protocols. Regulated entities—such as exchanges and custodial wallet providers—are required to verify user identity and transaction history. If a transaction involves a shielded or private address where this information cannot be obtained, service providers may be restricted from processing it. However, this does not constitute a ban on Zcash as a protocol or on the ZEC token itself. Brigner emphasized that holding ZEC, using self-custody wallets, engaging in peer-to-peer transactions, and conducting public transactions remain fully legal across the EU. Zcash’s Dual-Address System A key point in Brigner’s clarification is Zcash’s support for both public and private addresses. Transactions using public addresses function similarly to Bitcoin, with the sender, receiver, and transaction amount visible on the blockchain. This means users who opt for public transactions face no additional regulatory hurdles. The protocol’s privacy feature—shielded addresses—remains available but may be subject to service provider restrictions in regulated environments. This distinction is critical for understanding the practical implications of EU rules. The regulations do not target the technology or its users directly, but rather create compliance obligations for intermediaries. Market and Industry Implications The clarification comes amid ongoing confusion in the cryptocurrency industry regarding privacy-focused protocols and their regulatory standing in Europe. Some market participants had interpreted earlier regulatory signals as a de facto ban on privacy coins. Brigner’s statement provides a more nuanced view, potentially easing concerns among Zcash users and investors. For the broader industry, this highlights the importance of distinguishing between protocol-level restrictions and service provider compliance. Privacy-focused projects may continue to operate legally, provided they offer transparent transaction options that meet regulatory standards. Conclusion The Zcash policy chief’s clarification corrects a widespread misconception about the status of privacy coins in the European Union. While regulated service providers face restrictions on handling unverifiable transactions, the Zcash protocol, its native token, and its users remain fully within the bounds of EU law. This distinction is essential for investors, developers, and users navigating the evolving regulatory landscape. FAQs Q1: Is Zcash banned in the European Union? No. Zcash is not banned in the EU. Regulations restrict regulated service providers from handling transactions with unverifiable histories, but the protocol, holding ZEC, and peer-to-peer transactions remain legal. Q2: Can I use Zcash’s private addresses in the EU? Yes, but regulated service providers may not process transactions involving shielded addresses due to verification requirements. Public address transactions are unaffected. Q3: Does this affect other privacy coins? The clarification specifically addresses Zcash, but similar principles may apply to other privacy-focused protocols that offer both public and private transaction options. This post Zcash Not Banned in EU, Policy Chief Clarifies Regulatory Scope first appeared on BitcoinWorld .

6 Jun 2026, 02:15

Pompliano: U.S. Dollar Decline Will Drive Bitcoin to $1 Million

BitcoinWorld Pompliano: U.S. Dollar Decline Will Drive Bitcoin to $1 Million Anthony Pompliano, co-founder and partner at Morgan Creek Digital, has reiterated his long-standing bullish outlook on Bitcoin, predicting that the leading cryptocurrency will eventually reach $1 million per coin. In a recent appearance on CNBC, Pompliano argued that the U.S. dollar’s purchasing power is on an irreversible decline, driven by unsustainable fiscal policies and aggressive money printing. The Macroeconomic Case for Bitcoin Pompliano’s forecast is grounded in several key macroeconomic indicators. He pointed to the United States’ national debt, which has surpassed $40 trillion, and the M2 money supply, which recently hit an all-time high of $22.7 trillion. These figures, he argues, signal that the dollar’s value will continue to erode over time, making scarce assets like Bitcoin an attractive hedge. “The government is printing money indiscriminately,” Pompliano said during the interview, as reported by Forbes. “When you have that much debt and that much money supply growth, the dollar has to go down. It’s math.” He contrasted Bitcoin’s fixed supply of 21 million coins with the Federal Reserve’s ability to expand the money supply without limit. Federal Reserve Balance Sheet and Fiscal Policy Despite the current administration’s stated goals of reducing fiscal spending, the Federal Reserve’s balance sheet has swelled to $6.3 trillion. Pompliano noted that this expansion creates a structural tailwind for Bitcoin and other hard assets. He argued that in such an environment, Bitcoin is likely to outperform traditional asset classes like equities over the long term. “Stocks can go up, but they are still denominated in a depreciating currency,” he explained. “Bitcoin is a non-sovereign store of value. It doesn’t have a central bank that can print more of it.” Timing Remains Uncertain While Pompliano expressed strong conviction in the $1 million price target, he remained cautious about predicting when it might occur. “Price predictions are easy,” he acknowledged. “Getting the timing right is the hard part.” This admission underscores the difficulty of forecasting short-term market movements, even when the long-term thesis appears compelling. Pompliano’s comments come at a time when Bitcoin has shown resilience, trading above key support levels despite regulatory headwinds and macroeconomic uncertainty. The cryptocurrency has gained significant institutional adoption in recent years, with major corporations and asset managers adding Bitcoin to their balance sheets. What This Means for Investors For retail and institutional investors alike, Pompliano’s analysis reinforces the narrative that Bitcoin is increasingly viewed as a digital alternative to gold. The combination of rising national debt, expansive monetary policy, and growing distrust in fiat currencies creates a favorable backdrop for scarce assets. However, investors should be aware that such predictions carry significant risk and that volatility remains a hallmark of the cryptocurrency market. The broader implication is that the U.S. fiscal trajectory is a critical variable for global markets. If Pompliano’s thesis holds, a sustained decline in the dollar’s value could have profound effects on everything from inflation to international trade balances. Conclusion Anthony Pompliano’s $1 million Bitcoin prediction is rooted in a straightforward macroeconomic argument: the U.S. dollar is losing value due to excessive debt and money creation. While the timing of such a price level remains speculative, the underlying factors he cites are well-documented and widely debated among economists. For readers, the key takeaway is not the specific price target but the broader trend of dollar depreciation and its potential impact on portfolio diversification. FAQs Q1: What is Anthony Pompliano’s Bitcoin price prediction? He predicts Bitcoin will reach $1 million per coin, driven by the long-term decline of the U.S. dollar due to excessive debt and money printing. Q2: Why does Pompliano believe the dollar will decline? He cites the U.S. national debt exceeding $40 trillion, the M2 money supply at an all-time high of $22.7 trillion, and the Federal Reserve’s balance sheet at $6.3 trillion as evidence of unsustainable fiscal and monetary policies. Q3: Is there a specific timeline for this Bitcoin price target? No. Pompliano acknowledged that while the price prediction is straightforward, timing the market is extremely difficult and remains uncertain. This post Pompliano: U.S. Dollar Decline Will Drive Bitcoin to $1 Million first appeared on BitcoinWorld .