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21 May 2026, 18:15
Mark Cuban Says He Sold Most of His Bitcoin, Calling It a Failed Hedge
BitcoinWorld Mark Cuban Says He Sold Most of His Bitcoin, Calling It a Failed Hedge Billionaire entrepreneur and former crypto advocate Mark Cuban has disclosed that he sold the majority of his Bitcoin holdings, expressing disappointment in the cryptocurrency’s performance as a hedge against economic uncertainty. In a recent podcast appearance, Cuban stated that Bitcoin failed to serve as an effective store of value during periods of fiat currency devaluation and geopolitical turmoil, leading him to lose confidence and significantly reduce his position. Bitcoin’s Performance During Crisis Cuban, who previously viewed Bitcoin as the best alternative to gold for hedging, pointed to its behavior during the Iran war tensions as a key turning point. He noted that while gold prices rose amid the conflict, Bitcoin declined. The digital asset also fell when the U.S. dollar weakened, directly contradicting the expected hedging effect. ‘The hedging effect never materialized,’ Cuban said, adding that he found the outcome disappointing. A Shift in Crypto Sentiment The admission marks a notable shift for Cuban, who has been a vocal supporter of digital assets and invested in various blockchain projects. His critique of Bitcoin stands in contrast to his view of other cryptocurrencies. Cuban dismissed most altcoins as ‘the rest of the junk,’ but expressed comparatively less disappointment in Ethereum (ETH), suggesting a nuanced perspective on the broader crypto market. Implications for Investors Cuban’s decision carries weight given his status as a prominent investor and former Shark Tank personality. His comments reinforce a growing debate among institutional investors about Bitcoin’s role in a diversified portfolio. While some still advocate for Bitcoin as digital gold, others argue its volatility and correlation with risk assets undermine its hedge narrative. For retail investors, Cuban’s move serves as a reminder to critically assess any asset’s purported safe-haven properties. Conclusion Mark Cuban’s sale of most of his Bitcoin holdings reflects a broader reassessment of the cryptocurrency’s utility as a hedge. His experience highlights the gap between theoretical promise and real-world performance during crises. As the market continues to evolve, Cuban’s critique may influence other high-net-worth individuals to reconsider their own crypto allocations. FAQs Q1: Why did Mark Cuban sell his Bitcoin? A: Cuban sold most of his Bitcoin because it failed to act as an effective hedge against fiat currency devaluation and geopolitical instability, as evidenced by its price drops during the Iran war tensions and when the U.S. dollar weakened. Q2: Does Mark Cuban still hold any cryptocurrency? A: Cuban has sold most of his Bitcoin but has not specified whether he retains any other cryptocurrencies. He has expressed less disappointment in Ethereum (ETH) compared to Bitcoin, but dismissed most altcoins as ‘junk.’ Q3: What does this mean for the Bitcoin market? A: While one investor’s move does not dictate market direction, Cuban’s high-profile criticism could influence sentiment among other wealthy investors and reinforce the ongoing debate about Bitcoin’s viability as a hedge asset. This post Mark Cuban Says He Sold Most of His Bitcoin, Calling It a Failed Hedge first appeared on BitcoinWorld .
21 May 2026, 18:08
Proposed ARMA Bill Aims to Enshrine Strategic Bitcoin Reserve Into Law
The American Reserve Modernization Act would direct the Treasury to create and maintain a Bitcoin reserve for a minimum of 20 years.
21 May 2026, 18:02
Bitcoin Tests $77K as Cuban Exits, US Bets $2B on Quantum, Begich Files Reserve Bill
Bitcoin News Billionaire investor Mark Cuban revealed he has liquidated most of his Bitcoin position after concluding the asset failed to behave as a hedge during recent geopolitical stress and a w...
21 May 2026, 17:47
Elon Musk Grok AI Predicts GOLD Price by End of 2026
Gold price just ran from $3,300 to $5,400 in under a year and most people still think of it as the boring safe haven asset. Grok AI looked at that chart and predicts the move is not finished. Not even close. $5,500 to $6,300 per ounce by end-2026. Another major leg higher from a price that has already broken every historical record. Grok’s bull case is not built on fear alone. It is built on a structural demand shift that central banks have been executing quietly for years. Over 800 tonnes of gold are being purchased annually by central banks, a pace that has not slowed despite prices hitting all-time highs repeatedly. Source: Grok AI GOLD Price Prediction That is not speculative buying. That is sovereign wealth allocation at scale, driven by de-dollarization flows that show no signs of reversing. Layer geopolitical risks, record global debt levels, and fiscal uncertainties on top of that institutional bid and you have a demand profile that is compounding rather than plateauing. Emerging market ETF inflows are adding retail and institutional demand from economies that historically underowned gold. And constrained mine supply means the production side cannot respond to higher prices the way it normally would, which tightens the float further as demand accelerates. Grok’s framing is precise: gold has already made the move from $3,300 to $4,500 on these same tailwinds, and the second leg toward $6,300 is the continuation of a multi-year trend rather than a new prediction. The bear case requires 3 things to go wrong simultaneously. Inflation falling sharply removes the safe-haven urgency. The dollar strengthening materially redirects global capital flows. And central bank purchases slowing breaks the institutional demand floor. Grok acknowledges those risks but is direct: even in that scenario the broader reallocation trend keeps downside well-supported and the bullish bias intact. The bear case is consolidation toward $4,000 to $4,400, not a trend reversal. Tether Gold (XAUT) 24h 7d 30d 1y All time Discover: The best crypto to diversify your portfolio with Gold Ran 65% in 12 Months and Is Now Pulling Back, Grok AI Predicts This Is a Reset Before the Next Leg, Not the Top Gold spot price is trading at $4,510 on the daily, and the chart is one of the most impressive trend structures in any asset class over the past 14 months. Price ground sideways between $3,000 and $3,400 for most of 2024 and early 2025, then broke out in September 2025 in a near-vertical move that took it all the way to $5,600 by February 2026. That was a 65% move in 5 months driven by exactly the forces Grok identified in its prediction. The current pullback from $5,600 to $4,510 is the first meaningful correction since that breakout began, and the chart is now testing a critical support zone. The $4,400 to $4,600 range is where the late 2025 consolidation occurred before the final push to $5,600, which means it is the most logical area for buyers to step in and defend the trend. Grok’s bear case floor of $4,000 to $4,400 sits just below that zone, and whether that support holds or breaks determines whether this is a bull flag reset or a more serious correction. Resistance above is $4,800 to $4,900, the range where multiple rejections clustered during the March and April consolidation phase. Above that $5,200 is the next reference and $5,600 is the February peak that needs to be cleared before Grok’s $5,500 to $6,300 target zone becomes the chart reality rather than just the prediction. Grok sees $6,300 by year-end. The chart needs $4,400 to hold first. Discover: The best pre-launch token sales The post Elon Musk Grok AI Predicts GOLD Price by End of 2026 appeared first on Cryptonews .
21 May 2026, 17:45
British Pound Under Pressure: Political Volatility Meets Fiscal Clarity – ABN AMRO
BitcoinWorld British Pound Under Pressure: Political Volatility Meets Fiscal Clarity – ABN AMRO The British pound continues to navigate a complex landscape shaped by shifting political dynamics and evolving fiscal policy signals, according to a recent analysis from ABN AMRO. The Dutch bank’s assessment highlights a currency caught between short-term political uncertainty and the potential for longer-term clarity on the UK’s fiscal trajectory. Political Volatility Weighs on Sterling UK politics have introduced a layer of unpredictability for sterling traders. Recent shifts in government policy direction, combined with ongoing debates around public spending and taxation, have created an environment where the pound remains sensitive to headlines from Westminster. ABN AMRO notes that this political noise has, at times, overshadowed otherwise constructive economic data. The bank’s analysts point out that currency markets dislike uncertainty, and the current political climate in the UK offers little in the way of stable signals. This has led to periodic bouts of selling pressure on the pound, particularly against the US dollar and the euro. Fiscal Clarity as a Potential Anchor Despite the political turbulence, ABN AMRO sees a potential silver lining in the form of increased fiscal clarity. The UK government’s recent announcements regarding spending reviews and fiscal rules have provided markets with a clearer framework for assessing the country’s debt and deficit trajectory. This clarity, the bank argues, could serve as a stabilizing force for the pound in the medium term. If the government can credibly commit to a sustainable fiscal path, it may help rebuild investor confidence and reduce the risk premium currently priced into sterling. Market Implications and Trader Outlook For currency traders, the key takeaway from ABN AMRO’s analysis is the dual nature of the current environment. In the short term, political headlines are likely to drive sharp, sentiment-led moves in GBP pairs. However, the underlying fiscal picture may offer a more supportive backdrop for the pound once political noise subsides. ABN AMRO’s assessment suggests that the pound’s trajectory will depend heavily on the government’s ability to deliver on its fiscal promises while managing political pressures. A failure to do so could reignite volatility, while successful implementation could see sterling gradually strengthen. Conclusion The British pound remains in a delicate balance, with political volatility providing headwinds and fiscal clarity offering potential support. ABN AMRO’s analysis underscores the importance of monitoring both political developments and fiscal policy announcements for directional cues. For now, sterling traders should brace for continued swings, while keeping an eye on the longer-term fiscal narrative that may ultimately determine the currency’s path. FAQs Q1: Why is political volatility affecting the British pound? Currency markets are highly sensitive to political uncertainty because it can lead to unpredictable policy changes, affecting economic stability and investor confidence. The pound often weakens when political risks rise. Q2: What does ‘fiscal clarity’ mean for GBP traders? Fiscal clarity refers to clear, credible government plans for spending, taxation, and debt management. When markets have a transparent view of a country’s fiscal path, it reduces uncertainty and can support the currency. Q3: Is ABN AMRO bullish or bearish on the pound? ABN AMRO’s analysis is nuanced: it acknowledges short-term downside risks from political noise but sees potential for medium-term support if fiscal clarity is maintained. The outlook is conditional on policy execution. This post British Pound Under Pressure: Political Volatility Meets Fiscal Clarity – ABN AMRO first appeared on BitcoinWorld .
21 May 2026, 17:02
Strategy seeks approval for twice-monthly STRC payouts
Strategy is preparing to pay out bi-weekly dividends for its preferred STRC stock. The open vote for STRC holders will restructure dividend payments in the next two months. Strategy announced STRC holders can now vote on having their mandatory dividends paid out on a bi-weekly basis. Holders of STRC as of April 17 will be able to place their vote with the broker. The voting process may be different depending on brokers, and only some international buyers may be eligible for the upcoming shareholder meeting. The shareholder meeting is expected on June 8. If the proposal is approved, the new schedule will start from June 30 as the new record date, and July 15 as the first payout date. “ If approved and adopted, we believe this would lead to reduced reinvestment lag, enhanced liquidity, market efficiency, and increased price stability,” announced the company. As Cryptopolitan reported earlier, Strategy has not given up on its aggressive BTC weekly purchases. The ability to raise funds through STRC and additional MSTR issuance is seen as key to the ongoing BTC purchases. Strategy explained the proposed dividend change aims to improve the price stability of STRC around $100. Traders will then have more flexible entry and exit opportunities, potentially growing overall demand for the preferred stock. How will STRC bi-monthly dividends affect holders? For holders, the new payment schedule will ensure more reliable liquidity and a shorter waiting time. For Strategy, the shift will smooth out STRC issuance. Usually, STRC buying interest increases in the middle of the month, with smaller weekly purchases for the other three weeks. As of May 2026, STRC and similar preferred stocks like SATA still show strong user demand. With a 11.5% yield, STRC is seen as a low-risk source of income. Currently, Strategy has a 15-month cash reserve runway to cover dividends, even without a BTC bull run. Is STRC still viable? Strategy’s main goal is to keep STRC as close to $100 as possible. In May, the preferred stock fell to the $98 range, but recovered once again. STRC traded below ATM in the past week, meaning Strategy may have a minimal BTC purchase, following a large BTC addition for the week of May 11-May 17. | Source: Nasdaq . In the week of May 10-May 17, STRC still achieved a significant volume at the ATM price of $100. Around 65% of volume was concentrated above $100, allowing a $2.2B raise. During the current week, Strategy has not raised any funds through STRC, despite $940M in trading volumes, as reported by Cryptoquant. If the weekly purchases remain weak, Strategy may have to use only MSTR to acquire more BTC. MSTR traded in the $165 range, reflecting the overall subdued performance of BTC. While STRC often leads to significant liquidity to buy BTC, it also introduces additional digital credit risks. Strategy is no longer just a spot holder, and has created a credit cycle that may cause even bigger risk than the inherent BTC volatility. The smartest crypto minds already read our newsletter. Want in? Join them .
