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5 Market Signals Reveal How AI Stocks, Oil and Bitcoin Shook Wall Street

Markets split sharply on Wednesday as lower oil prices eased inflation fears, but pressure on technology stocks, crypto assets and precious metals kept investors focused on risk. By midday June 24, the Dow Jones Industrial Average traded near 51,828, up about 163 points, while the S&P 500 slipped 0.11% to roughly 7,357. The Nasdaq Composite […] from Bitcoin News https://ift.tt/FiV27vP
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Bitcoin Hits $59,018 After a 5% Drop, Forcing $237M in Long Liquidations

On June 24, bitcoin fell 5% in 24 hours to a new year-to-date low of $59,018. This marks a nearly 10% drop over the week and a 30%+ decline since the start of the year. Bitcoin Hits New YTD Low Below $60K Bitcoin dipped below $60,000 on June 24 amid a marketwide sell-off that saw […] from Bitcoin News https://ift.tt/AlvnZ5D

Bitcoin Traders Defend $62,000 Support as $171M Liquidation Wave Hits Top Crypto

Bitcoin dropped roughly 3.6% in 24 hours, hitting an intraday low of $61,860 before finding support just above $62,000.This slide dragged its market capitalization down to $1.25 trillion and wiped nearly 3% off the total crypto market cap. Market Capitalization and Support Levels Bitcoin reversed course Tuesday, shedding roughly $2,500 in 24 hours amid a […] from Bitcoin News https://ift.tt/s3lpQFH

Zuckerberg Orders Meta Into Prediction Markets With New App Codenamed ‘Arena’

Mark Zuckerberg has directed a small team at Meta to build a standalone prediction markets app internally codenamed “Arena,” the New York Times reported Tuesday, citing two employees with knowledge of the plans. Meta declined to comment on the project. But according to the Times report, the Arena application is a top internal priority for […] from Bitcoin News https://ift.tt/TctwWHD

Kucoin Plugs Into Argentina’s Transferencias 3.0, Bringing Crypto to QR Checkouts

Kucoin has expanded its digital payment system into Argentina and Peru, integrating crypto and stablecoins directly into local quick response (QR)-code payment networks. Merging Crypto With Regional QR Systems Cryptocurrency platform Kucoin announced on June 22 the expansion of its digital payment system into Argentina and Peru, integrating crypto and stablecoins directly into the regional […] from Bitcoin News https://ift.tt/H0LfyWv

August Timeline Puts Bitcoin BIP-110 Signaling and Paul Sztorc’s Hard Fork in Focus

Bitcoin is approaching a compressed August 2026 window in which BIP-110’s mandatory signaling mechanics are scheduled to arrive shortly before Paul Sztorc’s planned eCash hard fork target, placing two separate protocol events on nearly the same timetable. The first event is BIP-110, also known as the Reduced Data Temporary Softfork, a draft proposal authored by […] from Bitcoin News https://ift.tt/nPiTLAa

China Trims US Treasury Holdings to $651.1 Billion, Hitting an 18-Year Low

According to official data from the U.S. Treasury Department, China’s stash of treasuries fell to $651.1 billion in April, the lowest level recorded since September 2008. Nonetheless, foreign ownership of U.S. debt increased during the same period, with Japan and the U.K. increasing their holdings. China Sheds US Treasuries Amid Geopolitical Uncertainty and Federal Reserve […] from Bitcoin News https://ift.tt/H7kZsjY