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Bitcoin Implodes 15% In 1 Week To $62,000: What Is Going On With BTC?

by Khyathi Dalal | Jun 4, 2026 | General

Bitcoin’s (CRYPTO: BTC) has imploded 15% over the past week, plunging below $62,000 in early morning hours Thursday. Yet, macro investor Raoul Pal says this is not the start of a bear market but rather another painful correction within a broader bull cycle....

Bessent Calls It ‘Transitory’—But Big Oil Warns Of A Catastrophic Summer Fuel Squeeze

by Stjepan Kalinic | Jun 4, 2026 | General

Treasury Secretary Scott Bessent disagrees with the oil industry. In his eyes, recent energy-driven inflation and elevated crude prices are temporary distortions that will soon reverse. Some may even dare to say, transitory. Yet Chevron Corp. (NYSE:CVX) CEO Mike Wirth...

Netflix, Disney+ And Amazon Just Dodged Massive Canadian Streaming Levies That Would Have Cost Billions

by Namrata Sen | Jun 4, 2026 | General

Canadian Prime Minister Mark Carney has put a stop to a regulation that would have required U.S. streaming services such as Netflix Inc. (NASDAQ:NFLX), Amazon.com‘s (NASDAQ:AMZN) Prime and The Walt Disney Company‘s (NYSE:DIS) Disney+ to invest billions in Canadian...
Minnesota Senator Slams Scott Bessent For Calling High Gas Prices A ‘Blip’ Amid Iran War: ‘Americans Have Paid $53 Billion…’

Minnesota Senator Slams Scott Bessent For Calling High Gas Prices A ‘Blip’ Amid Iran War: ‘Americans Have Paid $53 Billion…’

by Badar Shaikh | Jun 4, 2026 | General

Sen. Amy Klobuchar (D-MN) slammed President Donald Trump‘s Treasury Secretary Scott Bessent, accusing him of downplaying the effects of high gas prices. $53 Billion In Excess Costs “Americans have paid $53 billion more for gas and diesel” amid the Iran war, Klobuchar...

Bitcoin Crashes As Space Stocks Soar: Is SpaceX’s IPO Pulling Capital Away From Crypto?

by Aniket Verma | Jun 4, 2026 | General

Macro strategist Callum Thomas shared a chart-based observation on Wednesday, highlighting how a sudden rally in space stocks aligned with Bitcoin’s (CRYPTO: BTC) decline. Crypto Bros Channeling Liquidity To Space Stocks? Thomas, the head of research and founder of...
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