Several Democrats and one Republican who were supported by more than $8 million worth of ads funded by cryptocurrency-aligned political action committees (PACs) won their respective US primaries on Tuesday, setting up their candidacies for the November election.

Party primaries for US House of Representatives and Senate candidates in Utah, Maryland and New York resulted in wins for many aligned with crypto industry interests. PACs like Fairshake and its affiliates, largely backed by crypto companies Coinbase and Ripple Labs, spent a combined $8 million on media to support the candidates it considered likely in favor of digital asset policies for the next session of Congress.

In New York, Democrat Ritchie Torres won a primary for the state’s 15th congressional district with 71.9% of the vote, while in Utah, Republican Blake Moore won in the 2nd district with 57.5% of the vote. Fairshake affiliate Protect Progress reported $5.5 million in expenditures to support Adrian Boafo, who won the Democratic primary for Maryland’s 5th district with 32% against other candidates who opposed “spending from crypto billionaires.” 

“We went big and we went early,” said Fairshake spokesperson Geoff Vetter. “We did our part to move Adrian Boafo from fifth place to the halls of Congress.”

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Source: The New York Times

Fairshake, which reported having “$150 million cash on hand” in June after its spending in several US state primaries, may have already influenced voters in key elections in its attempts to send candidates to Congress it considers to be “pro-crypto.” Other PACs aligned with crypto interests that have reported spending on 2026 candidates included Fellowship, backed by Cantor Fitzgerald and Anchorage Digital, and the Blockchain Leadership Fund, a hybrid PAC backed by Anchorage and Chainlink Labs.

Related: Trump cancels signing of housing bill with CBDC ban

Not every pro-crypto candidate emerged a winner on Tuesday. Alex Bores, a Democrat running in New York’s 12th District, lost to Micah Lasher. He criticized Bores in a June debate, saying that he potentially benefitted from Ripple Labs co-founder Chris Larsen spending $3.5 million to support his campaign.

Next primaries in Colorado and Arizona, but no reports of spending yet

Many expect Fairshake and other crypto-aligned PACs to turn their attention to candidates in Colorado and Arizona next. The two states are scheduled to hold primaries on June 30 and July 21, respectively, but Fairshake affiliates had not disclosed significant spending in any of the races as of Wednesday.

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In 2024, the PAC and its affiliates poured more than $10 million into media to support Ruben Gallego’s Senate race in Arizona and $2.1 million for Democratic Representative Yadira Caraveo in Colorado’s 8th district. Gallego won his race, while Caraveo lost in the November 2024 election to Republican Gabe Evans.

Magazine: AI is banking the unbanked in Africa… faster than crypto

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Bitcoin price is trading around $62,000, with relatively no movement, but it’s doing little to mask a deeper structural prediction that is playing out publicly. CryptoQuant has issued a pointed recommendation. According to CryptoQuant analyst, Strategy, the Michael Saylor-led corporate Bitcoin buyer should stop accumulating BTC and focus on rebuilding cash reserves before its preferred stock situation turns into a full credibility crisis.

CryptoQuant’s head of research, Julio Moreno, outlined the pressure points in a Tuesday report. Strategy’s preferred stock STRC hit a record 17.5% discount to par value last week, closing at $82.50 against its $100 par. Cash reserves have dropped 38% since January 2026, partly because Strategy retired $1.5 billion in convertible notes, shrinking its dividend buffer at exactly the wrong moment.

Not just the above, Strategy’s dividend obligations have ballooned from $300 million annualized at the start of the year to $1.2 billion today, a nearly fourfold increase in under six months. STRC’s dividend coverage has collapsed from over seven years to just 14 months.

Now, for Strategy, selling Bitcoin to close the gap isn’t going to be straightforward either. It currently carries an aggregate unrealized BTC loss of roughly $10.6 billion, with every coin purchased in 2024, 2025, and 2026 underwater at current prices.

Strategy’s bind matters to the market because it removes one of the most consistent marginal buyers from the demand side, at a moment when on-chain data already points to significant weakness across the board. Can Bitcoin survive this?

Discover: The Best Crypto to Diversify Your Portfolio

Bitcoin Price Prediction: Recover to $81,000, or a Drop to $55,000?

Bitcoin’s current setup reads bearish on most metrics that matter. CryptoQuant’s cycle framework also classifies this as a bear phase, with 30-day apparent demand down approximately ‑63,000 BTC, a level consistent with distribution. The Coinbase premium remains negative, signaling U.S. spot buyers are not stepping in to absorb sell-side pressure. Bitcoin is already down 50% from its October all-time high near $126,080.

On the downside, CryptoQuant’s base case targets $55,000 as the structural bear-market bottom, or 20% below current levels. Standard Chartered has flagged a similar downside risk toward $50,000 before any sustained push toward $100,000. The $55,000–$56,000 zone represents the confluence of prior accumulation levels, and where realized-loss exhaustion has historically resolved prior cycles.

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The bull case is conditional, not dismissed. CryptoQuant’s own scenario analysis allows for a relief rally into the $71,500–$81,200 band if geopolitical and macro tensions ease materially. The “Trader Realized Price” near $81,200 capped the last bear-market rally in January 2026 and would likely act as resistance again. Current long positioning data suggests the market is not pricing a clean breakout, and it’s pricing uncertainty.

The most likely scenario is a consolidation between $60,000 and $66,000 near-term, with the $55,000 target in play if demand metrics deteriorate further. Invalidation of the bearish thesis requires a sustained close above $81,200 on volume.

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Bitcoin Hyper Eyes Early-Stage Upside as BTC Buyers Wait on the Sidelines

With Bitcoin price prediction tumbling and its large institutional buyers potentially sidelined and spot demand contracting, the near-term upside on BTC itself looks capped, at least until macro conditions shift. That dynamic is pushing some traders to look earlier in the risk curve, specifically at infrastructure plays building on top of Bitcoin rather than trading it outright.

Bitcoin Hyper ($HYPER) is positioning directly in that gap. It’s a Bitcoin Layer 2 protocol integrating the Solana Virtual Machine, making it, by design, the first BTC L2 capable of delivering SVM-powered smart contracts while settling on Bitcoin’s security layer.

The pitch addresses Bitcoin’s core bottlenecks: slow finality, high fees, and the absence of programmable execution. The presale has raised $33 million at a current token price of $0.0136821, with staking available during the presale phase.

Early participants also access a Decentralized Canonical Bridge for BTC transfers, the infrastructure layer that makes the SVM integration usable in practice, not just on paper.

Research Bitcoin Hyper here.

The post Bitcoin Price Prediction: CryptoQuant Believes Strategy Ought to Pause Its Bitcoin Purchases appeared first on Cryptonews.

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The White House has denied that the Trump administration’s AI agreement with the United Arab Emirates had any connection to World Liberty Financial. 

This comes after Senate Democrats called for hearings into the Trump family-backed crypto firm’s reported ties to Abu Dhabi.

In comments provided to BeInCrypto, White House spokeswoman Anna Kelly said the UAE AI agreement was designed to deepen a strategic technology partnership between Washington and Abu Dhabi.

“The Trump administration’s historic agreement to enhance the partnership between the United States and the United Arab Emirates on artificial intelligence was designed to ensure the global AI ecosystem will be built with American chips and use American models, all while guaranteeing significant UAE investments into the United States,” Kelly said.

Democrats Press for Hearings

Five Senate Democrats asked Republican committee chairs this week to hold hearings into World Liberty Financial and foreign crypto deals linked to Trump, his family, and Special Envoy Steve Witkoff.

The request followed reports that a UAE-linked investment vehicle agreed to buy a 49% stake in World Liberty Financial for roughly $500 million shortly before Trump returned to office.

The lawmakers said the timing raised questions about whether foreign-linked money flowing into a Trump family crypto venture overlapped with later US policy decisions involving the UAE.

The White House rejected that connection directly.

“This has everything to do with what is best for the United States and nothing to do with World Liberty Financial – President Trump’s assets are in a trust managed by his children, and Special Envoy Witkoff has completely divested from the company,” said White House spokeswoman Anna Kelly.

White House Says AI Deal Serves US Interests

The White House framed the UAE agreement as a national security and industrial policy move, rather than a private business matter.

Kelly said the agreement “contains historic commitments by the UAE to further align their national security regulations with the United States, including strong protections to prevent the diversion of US-origin technology.”

That point goes to the center of the dispute.

Democrats argue that the UAE’s role in World Liberty Financial deserves scrutiny because the administration later approved sensitive technology and policy benefits involving Abu Dhabi.

The White House says the AI agreement advanced US strategic interests and included safeguards for American technology.

Ethics Questions Remain at the Center

White House Counsel David Warrington also rejected the suggestion that Trump’s private business interests affected official policy.

“The President has no involvement in business deals that would implicate his constitutional responsibilities. President Trump performs his constitutional duties in an ethically sound manner and to suggest so otherwise is either ill-informed or malicious,” Warrington said.

World Liberty Financial has become a political flashpoint because it sits at the intersection of crypto, foreign capital, and Trump family business interests.

The reported UAE-linked investment has drawn attention because Abu Dhabi has also played a growing role in AI, semiconductors, and digital assets. UAE-backed MGX was separately linked to a $2 billion Binance deal that used World Liberty Financial’s USD1 stablecoin.

Democrats have used those connections to argue that Congress should examine whether foreign actors gained influence through crypto-linked transactions.

The White House says that the argument is politically motivated.

“These Democrats are hellbent on pushing the same, tired narrative that they have used to attack President Trump, his family, and his administration for a decade, even after Americans rejected their lies by re-electing the President to office,” Kelly said.

Witkoff Denies Role in G42 Talks

The senators have also focused on Steve Witkoff, Trump’s Special Envoy for Peace Missions, because of his family’s connection to World Liberty Financial.

Warrington said Witkoff complied with ethics rules and had stepped away from the company.

“Mr. Witkoff, like all Administration officials, takes seriously his compliance with the government ethics rules. As Special Envoy for Peace Missions, he has not and does not participate in any official matters that could impact his financial interests. He has also divested from World Liberty Financial, notwithstanding his ability and willingness to recuse,” Warrington said.

A source close to Witkoff, speaking on background, said his children run World Liberty Financial and that he had no role in the company.

“Steve’s children run World Liberty Financial. Steve has nothing to do with it. The business was started one year before the presidential election. As we have said numerous times, Steve was not involved in negotiations related to G42. He was only briefed on these discussions, which is totally appropriate given his role at the time as Special Envoy to the Middle East. Like President Trump, all of Special Envoy Witkoff’s actions have been for the benefit of the American people,” the source said.

The comments leave the core dispute unresolved.

Democrats want sworn testimony and committee hearings into whether World Liberty Financial’s foreign-linked deals created conflicts inside the administration. 

The White House says the UAE AI agreement had no connection to the firm and that both Trump and Witkoff were separated from relevant business interests.

For now, the fight has moved from crypto markets into congressional oversight.

The post White House Denies Trump Crypto Link to UAE AI Deal After Senate Democrats Demand Hearings appeared first on BeInCrypto.

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ChatGPT AI just put a fresh shocking predicts on Bitcoin price prediction that paints a very different picture from where price sits right now. The model sees a climb toward $140,000 to $180,000 by the end of 2026, nearly triple current levels.

The bull case leans on timing as much as fundamentals. Bitcoin is trading near $62,640 today, and if the market follows a typical post halving rhythm, the next major leg higher could kick off around November as liquidity improves and risk appetite returns.

A handful of catalysts are stacked up behind that thesis. The CLARITY Act could finally deliver long awaited regulatory certainty for digital assets. Continued support from the Trump administration adds another layer, given its stated goal of making the United States a global leader in crypto.

The Strategic Bitcoin Reserve initiative is another piece worth watching, alongside accelerating institutional adoption through ETFs and deeper stablecoin integration across traditional finance.

If those forces line up the way the model expects, bitcoin could reclaim $100,000 first before pushing into that $140,000 to $180,000 zone.

The bear case keeps the door open for a much slower outcome. Macroeconomic weakness, delayed regulation, or weaker ETF inflows could keep demand muted for longer than bulls want.

Under that scenario, bitcoin stays trapped somewhere between $50,000 and $80,000 for an extended stretch instead of breaking out. Even so, the model still leans toward higher prices overall, with November standing out as the most likely window for a broader resurgence.

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Bitcoin Price Prediction: BTC Grinds Toward Its November Reckoning

The daily chart shows bitcoin at $62,769 after sliding from a high near $124,000 set last fall. That entire move down has been one long, grinding downtrend with a brief relief rally into May that topped out near $82,000 before rolling over again.

Price recently bottomed near $60,000 in early June and has spent the last few weeks stabilizing in the low $60,000s. That kind of basing action after a sharp drop often signals sellers losing steam rather than a trend reversal just yet.

Immediate resistance sits near $68,000, then a tougher wall around $76,000 where the May rally stalled out. Support holds at $60,000, with that recent low acting as the line bulls need to defend.

RSI is reading 37.84 against a signal line of 38.27, so momentum is sitting just under its own average, essentially flat after months of weakness. That tiny gap shows neither buyers nor sellers have firm control right now.

Overall momentum looks like it is leveling off rather than trending hard in either direction. If bitcoin can clear $76,000 and turn it into support, the runway toward six figures and that bigger 2026 target starts to look a lot more believable.

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LiquidChain Is Catching the Attention of Bitcoin holders: ChatGPT AI Predicts It’s the Next 100x

Most rotations are only obvious after they’re done. This one is still happening.

Bitcoin, Ethereum, and XRP have stalled against the same resistance for weeks, waiting on macro catalysts that keep sliding to next quarter. Holding and hoping isn’t a strategy. It’s a queue.

Smart capital doesn’t wait in that queue. It moves before the trade is obvious to everyone else.

Here’s why early-stage infrastructure plays differently: a small market cap means a modest rotation can move price by multiples. The gap between what a project is worth and what the market currently prices it at is where the return lives, and that gap only exists before the crowd finds it.

DeFi loses real money to fragmentation every day. Bitcoin, Ethereum, and Solana run on separate liquidity systems with no native bridge between them, so every cross-chain move costs fees, slippage, and failed transactions.

LiquidChain merges all three into a single execution layer. One deployment, full access, no cross-chain tax.

The market hasn’t found it yet.

Presale: $0.01454, with $860,000 raised.

Worth saying plainly: execution is unproven and adoption is unknown. This isn’t a safe bet, it’s an early one. Established coins offer a calmer ride to a ceiling you can already see. This is a bet on a ceiling that doesn’t exist yet.

Explore the LiquidChain Presale

The post Sam Altman ChatGPT AI Predicts Shocking Bitcoin Price By The End of 2026 appeared first on Cryptonews.

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Dogecoin is trading near $0.078 in a depressing week that saw it lost 9% of its value. Eleven years after launching as a Shiba Inu joke, DOGE still carries a $12 billion market cap and a place in the top 11. But is it still the king of memecoins?

No major DOGE-specific catalyst, like a protocol upgrade or institutional announcement, has emerged in the past few years for DOGE, yet it still has a huge following. If you are in crypto or ever trade crypto, there’s 99% chance you heard DOGE.

Beyond DOGE, meme coins remain approximately 1% of the total crypto market value. It’s a niche that rotates fast when sentiment shifts. With the launch of SpaceX and Elon Musk’s backing, can Dogecoin run once again? Or has it become an old dog now?

Discover: The Best Crypto to Diversify Your Portfolio

Can Dogecoin Price Hold $0.078 Support or Is a Deeper Flush Coming?

DOGE is consolidating between $0.078 support and $0.082–$0.084 resistance. Neither level has broken cleanly, which is exactly what indecision looks like on a chart.

The setup carries a downside bias. A weekly loss in the 8–9% range without a bounce catalyst means sellers are absorbing any intraday recovery attempts rather than stepping back. Volume is not confirming accumulation. Elon Musk’s connection to DOGE narrative has historically acted as an ignition switch, absent a fresh Musk-driven social catalyst, that fuel isn’t in play.

Dogecoin (DOGE)

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Dogecoin’s 15,000%+ return since 2013 is a real number. The uncomfortable counterpoint is that most of those gains were compacted into two parabolic windows, both tied to social momentum rather than protocol development. Until DOGE demonstrates utility beyond community speculation, the price remains a sentiment thermometer. Right now, Dogecoin is useful for reading the room, harder to trade on fundamentals.

Discover: The Best Token Presales

Maxi Doge Targets Early-Stage Upside as DOGE Consolidates at Key Levels

Traders watching DOGE grind sideways with an 8% weekly loss already know the calculus: late-cycle meme exposure at a $12 billion market cap means you need enormous capital inflows just to move the needle. The asymmetry simply isn’t there at this size. That’s where early-stage presales draw attention, not as a replacement thesis, but as a different risk profile entirely.

Maxi Doge ($MAXI) is positioning directly inside the meme coin category but built around a trading-community identity. The “240-lb canine juggernaut” framing is deliberately absurd, but the mechanics underneath it are concrete.

The presale has raised $4.8 million at a current price of $0.0002825 per token on Ethereum (ERC-20). Features include holder-only trading competitions with leaderboard rewards, a Maxi Fund treasury allocated to liquidity and partnerships, and dynamic staking APY for holders.

The “never skip leg day, never skip a pump” ethos is corny, yes, but viral-ready, as it targets exactly the retail energy that drove DOGE’s early cycles.

Research Maxi Doge and size accordingly. But if the meme cycle rotates and DOGE’s ceiling is capped by its own mass, early-stage exposure with genuine community mechanics is worth understanding.

The post Dogecoin Case: Is DOGE Still the King of Memes? appeared first on Cryptonews.

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Strategy’s common stock has fallen below $100, prompting renewed criticism from Bitcoin skeptic Peter Schiff, who argues that further declines could leave the company facing difficult decisions over its Bitcoin treasury strategy.

Summary

• Peter Schiff warned that a deeper MSTR stock decline could eventually force Strategy to sell Bitcoin.
• Strategy raised $335.5 million through stock sales, allocating $35 million to buy 520 BTC.
• CryptoQuant urged Strategy to pause Bitcoin purchases and rebuild cash reserves as dividend obligations rise.

According to comments posted by Schiff on X, sustained pressure from short sellers could push Strategy into a situation where repurchasing its own shares becomes more attractive than continuing to accumulate Bitcoin.

If short sellers push $MSTR‘s price low enough, they can put @Saylor in a position where his best option would be to sell Bitcoin to buy back stock. That would reduce the discount, but it may not raise the share price, as Bitcoin will crash. That’s the box Saylor put himself in.

— Peter Schiff (@PeterSchiff) June 24, 2026

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He suggested that selling some Bitcoin to fund stock buybacks could help narrow the discount between the company’s market value and its underlying assets, though he questioned whether such a move would restore investor confidence.

Schiff also claimed that any forced sale of Bitcoin by Strategy could have consequences for the broader market, arguing that liquidating part of its holdings would likely weigh on Bitcoin prices.

The warning comes as Strategy shares continue to slide. MSTR traded at $96.27 on June 24, down 7.2% during the session and near its lowest level in two years. Regulatory filings show the stock has lost nearly 20% over the past five trading days and more than 38% over the last six months.

Cash reserves face growing scrutiny

Recent capital allocation decisions have added to the debate surrounding Strategy’s balance sheet. Company disclosures show that Strategy sold approximately 2.71 million MSTR shares last week, generating about $335.5 million in proceeds.

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Executive Chairman Michael Saylor later disclosed that the company used roughly $35 million of that capital to purchase 520 Bitcoin. At the same time, Strategy increased its U.S. dollar reserves by about $300 million, bringing its cash balance to approximately $1.4 billion.

Saylor stated that the larger cash position is intended to support the credit quality of Strategy’s Digital Credit securities, a group of products that has become increasingly important to the company’s financing structure.

Separate concerns have emerged from on-chain analytics firm CryptoQuant, which recently urged Strategy to slow its Bitcoin purchases and focus on rebuilding liquidity. According to CryptoQuant, annualized dividend obligations tied to the company’s preferred stock products have climbed to roughly $1.2 billion.

Preferred stock obligations draw attention

CryptoQuant’s concerns center on STRC, Strategy’s perpetual preferred stock product. The firm reported that the company’s cash reserves have fallen 38% in 2026, while dividend coverage has dropped from more than seven years to about 14 months.

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According to CryptoQuant, restoring coverage to 24 months would require roughly $2.8 billion in cash, nearly double Strategy’s current reserves.

CryptoQuant CEO Ki Young Ju also argued that Strategy’s Bitcoin purchases are no longer a major price catalyst. He said buying during periods of strong selling pressure may help defend Bitcoin’s range but is unlikely to spark a new rally.

Given those conditions, Ju recommended pausing additional Bitcoin purchases, rebuilding cash reserves, and adopting a more structured buying strategy.

In a follow-up X post on June 24, Schiff expanded his criticism to Strategy’s STRC preferred stock. He argued that the security had been marketed to risk-averse retirees as a lower-volatility way to gain exposure to the company’s Bitcoin strategy, despite falling more than 5% on the day and over 17% below levels where many investors reportedly purchased shares the previous month.

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Schiff further claimed that the decline had erased nearly two years of dividend income and accused Saylor of making “material misrepresentations” when describing the preferred stock.

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[PRESS RELEASE – Ras Al Khaimah, UAE, June 24th, 2026]

Fintech developer Virell Trade has officially announced the launch of Stabliq Wallet, a secure, non-custodial cryptocurrency wallet engineered specifically for the management of stablecoins across the Ethereum and TRON networks. Designed to enhance digital asset security and accessibility, the application provides comprehensive storage, transfer, and exchange capabilities for major stablecoins, including USDT and USDC.

To mitigate the complexities typically associated with decentralized finance (DeFi), Stabliq Wallet introduces a specialized architectural design that appeals to both institutional digital asset managers and retail users entering the Web3 ecosystem.

Key Infrastructure and Technical Features Include:

• Gasless Ethereum Token Swaps: The wallet features native in-app token exchange capabilities on the Ethereum network, incorporating advanced transaction routing that eliminates the standard requirement for users to hold native Ether (ETH) to cover network gas fees.
• Non-Custodial Security Framework: Built on a strict zero-trust, non-custodial architecture, the platform ensures users retain exclusive ownership of their private keys. Local security protocols are reinforced by biometrics (Face ID), password protection, and standardized seed phrase recovery mechanisms.
• Multi-Account and Multi-Network Integration: Users can manage multiple distinct accounts, import existing wallets via standard seed phrases, and track cross-network digital assets seamlessly within a unified interface.
• Operational Workflow Optimization: The application streamlines daily transactions through an integrated address book, comprehensive transaction historical ledgers, custom token import support, and quick-response (QR) code transfer protocols.

By focusing on the dual infrastructure of Ethereum and TRON — the two largest networks for stablecoin volume — Stabliq Wallet directly addresses the market’s demand for high-throughput, secure, and cost-effective digital asset management.

“Stabliq Wallet uses a non-custodial architecture, meaning users have full control over their private keys. Security features include Face ID, password protection, and seed phrase backup”, said the company.

About Virell Trade

Virell Trade is a digital asset technology company based in Ras Al Khaimah, UAE. The firm specializes in developing secure Web3 infrastructure, decentralized financial applications, and consumer-focused blockchain tools designed to enhance efficiency and security in the global digital economy. For more information, users can visit the official Stabliq Wallet platform.

The post Virell Trade Launches Stabliq Wallet for Stablecoin Management on Ethereum and TRON appeared first on CryptoPotato.

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