Bitcoin price climbed above $65,000 Monday morning, caught between a sixth straight week of spot ETF outflows, a hawkish Federal Reserve debut, and a U.S.-Iran peace deal that gave risk assets a short-lived lift.

The move higher came as U.S. and Iranian officials reported progress at peace talks in Switzerland, building on last week’s signed memorandum of understanding that formally ended more than 100 days of conflict. 

The deal reopened the Strait of Hormuz, through which roughly a fifth of the world’s oil flows, and sent crude prices to three-month lows. The initial geopolitical relief pushed the bitcoin price to $66,230 late last week before the macro picture reasserted…

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Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 759 bitcoin between June 15 and June 21 at an average cost of approximately $65,850 per coin, inclusive of fees and expenses, bringing its total bitcoin holdings to 19,864 BTC.

The Dallas-based bitcoin treasury company filed a Form 8-K with the Securities and Exchange Commission on June 22, 2026, confirming the transaction. At the stated average price, the purchase carries a total cost of roughly $50 million — the company’s largest single-week acquisition in recent months and a meaningful step up from the smaller tranches it deployed in the two weeks prior.

In the preceding two weeks, Strive had purchased just 32…

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Strategy Inc. disclosed Monday it acquired 520 bitcoin for approximately $35 million in its third straight weekly purchase, bringing total holdings to 847,363 BTC while expanding its cash war chest to support growing obligations tied to its preferred stock program.

Executive Chairman Michael Saylor announced the transaction on X Monday morning, noting that the company also increased its USD Reserve by $335 million to $1.4 billion. The company sold roughly 2.7 million shares of MSTR, according to a Monday morning filing, raising that $335.5 million.

The reserve, first established in December 2025, exists to fund dividend payments on Strategy’s preferred equity securities and…

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Bitcoin has traded below the estimated cost to mine it for five straight months, according to JPMorgan analysts, leaving roughly one in five miners unprofitable and pushing publicly listed operators to sell a record volume of coins.

In a client note circulated this week, analysts led by managing director Nikolaos Panigirtzoglou said bitcoin mining economics have “worsened” in 2026. JPMorgan places the current all-in production cost of bitcoin at about $78,000, a figure derived from electricity, hardware depreciation, and overhead expenses across public miners. 

With bitcoin trading near $63,000, the gap between spot price and breakeven has created a sustained squeeze across the…

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Kalshi, the prediction markets platform that has become the dominant force in U.S. event contracts, is in informal talks with investment banks about a potential initial public offering, The Information reported Thursday, citing sources familiar with the company’s financials.

The disclosure caps a period of rapid transformation for the four-year-old company. Kalshi’s annualized revenue has crossed $2 billion — triple its November 2025 figure — after spikes in trading tied to the NBA playoffs and the FIFA World Cup drove volume to record levels. 

In May, the platform recorded $16.81 billion in monthly trading volume, up from $14.81 billion in April.

The IPO conversations remain…

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Kevin Warsh chaired his first Federal Open Market Committee meeting this week and immediately showed his hawkish colors. Rates stayed steady, but the new Fed Chair made it clear he intends to prioritize price stability and reduce loose forward guidance. While Warsh is focused on managing the dollar’s ongoing challenges, his debut actually highlights something much deeper: the dollar still requires constant human intervention to avoid dilution and debasement.

Bitcoin, by contrast, has a hard-capped supply and predictable issuance that no chairman can change. Warsh’s first meeting as Fed Chair makes the advantage of Bitcoin’s fixed supply more obvious than ever.

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Franklin Templeton has filed with the Securities and Exchange Commission to launch two exchange-traded funds that channel corporate dividend payments directly into bitcoin, the latest sign of Wall Street’s push to embed cryptocurrency into traditional investment structures.

The Thursday filing registers the Franklin US Equity Bitcoin DRIP Index ETF and the Franklin US Innovation Bitcoin DRIP Index ETF, with an effective date as early as Sept. 1, 2026. 

The “DRIP” name borrows from dividend reinvestment plans — a mechanism long used by investors to compound stock positions over time — and repurposes it to accumulate bitcoin rather than additional shares.

Both funds…

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