cryptomatrix

84% of altcoins are trading below their 200-DMA Approximately 84% of altcoins listed on Binance are in a state of total underperformance, trading below the key technical threshold of the 200-day moving average.

🪙 Tron announced new all-time highs in June, with 26.97 million active accounts and 385.77 million transactions

🇺🇸 US Senate passes bill to ban the Federal Reserve from creating a Central Bank Digital Currency (CBDC).

Claude 3.5 Opus (Max) created a working Minecraft clone with a single prompt A user named Angel is testing all current AI models using the "Minecraft test." Opus 3.5 surprised the creator with its stability—a single prompt was enough for the AI to generate a full build with working mechanics. The "development" was inexpensive, with the AI consuming about $10 worth of tokens. Previously, Opus 3.0 failed the task and required additional clarifications, while Opus 3.5 Sonnet did everything on the first try, but many mechanics were broken.

A solo Bitcoin miner mined Bitcoin block 951771, earning a $230,000 reward.

Tether Reports $1.04 Billion Net Profit for Q1 2026 Tether’s financial strength reached new heights this quarter, driven by massive reserves and strategic asset management. • Net Profit: The company generated $1.04 billion in net profit during the first quarter of 2026. • Total Reserves: Tether’s total reserves now stand at $191.8 billion. Excess reserves hit a record $8.23 billion, reflecting a $1.89 billion increase over the quarter. • U.S. Treasuries: With approximately $141 billion in U.S. government debt exposure, Tether now ranks as the 17th largest holder of Treasuries globally. It has remained among the top 10 buyers of U.S. debt over the last two years. • Hard Assets: The company’s portfolio includes $19.8 billion in physical gold (132.2 tonnes) and 97,137 BTC (valued at roughly $6.6 billion). Tether continues to solidify its role as a major institutional player in both the crypto and traditional financial markets.

Bernstein says prediction market volumes will reach $1 trillion by 2030 Bernstein analysts argued that institutional investors will adopt prediction markets as a way to manage risk associated with policy and political events.

🪙 Bitcoin Magazine: Strategy has bought over 15,088 BTC via STRC today

⚡️ Trump’s "Cyber Strategy" backs crypto and blockchain Exact quote from the White House document: "We will build secure technologies and supply chains that protect user privacy from design to deployment, including supporting the security of cryptocurrencies and blockchain technologies".

❕ Bitcoin price predictions flip bullish, but Ethereum is still stuck Prediction market traders are becoming more bullish on Bitcoin's near-term price, but they're not as confident on Ethereum.

🛢️ Brent crude oil price surges to $85, up 20% in the past 6 days.

🐻 Another bearish BTC chart floating around Twitter, eyeing a $35k target. Reality Check 1. Subjectivity of Trendlines: Technical analysis using log curves or linear channels over such long periods (10+ years) often suffers from "curve fitting" to past data. Just a slight tweak to the slope of these lines can shift price targets by tens of thousands of dollars. 2. Fundamental Factors: This chart ignores massive shifts like institutional inflows (ETFs), macroeconomic changes, or new regulations, any of which could easily break historical patterns. 3. The "Past Performance" Trap: Just because Bitcoin saw 80% drawdowns in previous cycles doesn't guarantee it will happen again. Similarly, there’s no rule saying it must hit the top of this specific channel.