Michael Saylor Not In Trouble, Scaramucci Says

During an interview with CNBC, Scaramucci stated that Saylor is “definitely not in trouble,” pointing to a “very deep capital pool” at his disposal.

“You have to really understand the mechanisms of the balance sheet to understand that Bitcoin can go a lot lower, and he’s virtually not in trouble,” the money manager said.

Scaramucci said that the MSTR stock still trades at a premium to its underlying Bitcoin reserves, which gives people the “necessary arbitrage” to get comfortable with.

“I like him. I think he’s going to be right,” Scaramucci added.

Saylor has defended the company’s model, claiming in November that as…

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Cryptocurrency bettors aren’t expecting any change to the Federal Reserve’s policy in July, following the central bank’s unanimous decision to keep the federal funds rate unchanged on Wednesday.

Polyamarket Projects Rates To Remain Steady

Bets in favor of rates falling below the current 3.50%–3.75% range remained very low. Over $11.8 million has already been wagered on the outcome, making it one of the most traded contracts on Polymarket.

These predictions broadly aligned with the CME FedWatch tracker, which currently estimates a 70% chance of rates remaining steady in July. The probability of a 25-basis-point rate hike rose to almost 30%, up from 8.5% the previous day.

The Hawkish… Read more on Benzinga

Leading cryptocurrencies were red, while stock futures rallied overnight on Wednesday after President Donald Trump signed a historic “Memorandum of Understanding” with Iran to end all hostilities.

Crypto Market Fails To Rally

Bitcoin retreated from $66,000 to below $64,000, as trading volume jumped 25% over the last 24 hours. Ethereum slid below $1,800, while XRP and Dogecoin also recorded intraday declines.

Nearly $440 million was liquidated from the market in the last 24 hours, with $300 million in long  positions traders alone wiped out, according to Coinglass data. 

Bitcoin’s open interest fell by 2.62% over the last 24 hours. That said, the majority of the retail and whale derivatives…

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Bitwise advisor Jeff Park says investors should start thinking less about Bitcoin’s (CRYPTO: BTC) upside speculation and more about the risk of not owning it at all.

“If You Don’t Own Bitcoin, You’re Basically Short BTC”                

In a “When Shift Happens” interview clip published on June 17, Park argued that Bitcoin remains a hedge against fiat currency debasement.

But its relevance could grow further as artificial intelligence reshapes labor, data ownership and wealth distribution.

“If you don’t own Bitcoin, you’re basically short Bitcoin,” Park said.

He said investors often focus on whether Bitcoin is too expensive, but the larger question is what downside they…

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Bitcoin and major cryptocurrencies traded largely unchanged ahead of Kevin Warsh’s first FOMC meeting, supported by improving ETF inflows as traders brace for potential volatility around the Fed decision.

Notable Statistics:

Coinglass data shows 82,131 traders were liquidated in the past 24 hours for $297.87 million.       

SoSoValue data shows net inflows of $10.06 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $9.6 million.

In the past 24 hours, top losers include Audiera, DeXe and Humanity.

Notable Developments:

Trader Notes:

Trader MacroCRG expects potential short-term volatility around the upcoming first FOMC meeting of Kevin Warsh. Bitcoin…

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Wrench attacks are a global phenomenon. French crypto holders witnessed at least five in January – one per week. Jameson Lopp, CTO at Casa, a  digital assets security company, compiled a list on GitHub of known Bitcoin ransom activity worldwide.

“There are signs that international organizations are using crypto leaks and other sources to identify targets, and then hiring local criminals to execute the actual attacks,” said Hugh Karp, founder of Nexus Mutual, an insurance firm that provides crypto risk coverage.  “The first reported kidnappings or attacks were back in 2015, but it has accelerated dramatically over the last few years.”

In January 2026, Waltio, a company specializing in…

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‘We Are A Shock Absorber‘

Speaking at BTCPrague in a fireside chat with Julian Liniger, Saylor reassured Bitcoin remains the dominant global digital capital network and compared its current price action to prior periods when high-quality assets traded near long-term support.

Bitcoin has fallen from around $120,000 to roughly $60,000 over the past eight months, bringing it near its 200-week moving average.

Saylor described that level as a key long-term support zone and a rough measure of Bitcoin’s “book value.”

He pushed back strongly against the idea that Strategy could destabilize Bitcoin.

Saylor noted that while the company sold just 32 BTC during the current bear market, it has…

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XRP (CRYPTO: XRP) holds flat Tuesday, compressing between two Fibonacci levels for a third straight day after the June 15 breakout, while ETF inflows resume and top traders stay aggressively long.

Post-Breakout Compression Is Healthy, Not A Reversal Signal

XRP has spent three days coiling between the 0.5 Fibonacci level at $1.2071 and the 0.618 Fib at $1.2440. 

The 20 EMA at $1.2081 is holding as active support with the SAR firmly bullish at $1.0716. Three consecutive days of consolidation above the 20 EMA after a breakout is constructive price action, not a failed move.

Derivatives confirm the digestion is healthy rather than deteriorating. Volume dropped 33.42% and open interest sits…

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