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Analyst: 50% US market crash could push Bitcoin toward $24K

Bitcoin’s downside risks are again back in focus as analyst Jesse Olson laid out a worst-case technical scenario that could send BTC sharply lower if a broader macro shock hits US markets. In a Sunday post, Olson pointed to a multi-week chart setup that, in his view, leaves Bitcoin vulnerable to a move toward $23,980 —a level he frames as a key target in the event of a severe stock-market sell-off. The bearish case is not only technical. Olson’s outlook aligns with what multiple market indicators have been signaling so far in 2026: institutional participation appears muted, with a persistently weak Coinbase premium reading and ongoing spot Bitcoin ETF outflows described by market data providers. Together, these factors suggest that when risk appetite falls, Bitcoin could face stronger selling pressure than what retail alone might typically drive. Key takeaways Olson’s chart work suggests BTC could fall toward $23,980 if US equities undergo a macro downturn of roughly 50%+ . A nega...
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HIVE approved to buy 32 MW Big Boden data centre in Sweden

HIVE Digital Technologies, a Nasdaq-listed infrastructure provider, says it has received approval from the municipal council of Boden to acquire the 32 megawatt Big Boden data centre in northern Sweden. The purchase, focused on long-term control of a key Nordic site, is designed to support HIVE’s plans to expand high-performance computing and AI workloads from within its existing Swedish footprint. The Big Boden facility has supported HIVE’s operations since 2018. With the approval in place, the company moves from tenant arrangements to ownership, a shift that typically gives data centre operators greater flexibility over long-term capital planning, infrastructure upgrades, and operational resilience targets. From tenant to owner at Big Boden Municipal approval is a common procedural step in real estate and infrastructure transactions, particularly where utilities, permitting, and local planning requirements are involved. For HIVE, the significance is practical as well as strategic: a ...
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Trader Notes ‘Suspicious’ BTC Rally as Bitcoin Eyes $66K Peak

Bitcoin moved back toward the mid-$60,000 range on Sunday, but the bounce came with fresh skepticism from traders as geopolitical risk flared again in the Middle East. BTC/USD reached a local high of $64,522 on Bitstamp before giving back roughly 0.5% on the day, according to TradingView data. The lack of clean follow-through is being linked to a combination of macro uncertainty and persistent exchange-level selling pressure—factors that may influence how sustainable the current uptick really is. Key takeaways BTC/USD traded around $64,000 after printing a $64,522 local high on Bitstamp, then slipped back by about 0.5%. Traders pointed to the renewed Strait of Hormuz closure and broader US-Iran tensions as reasons to stay cautious. Lennaert Snyder described the price action as “suspicious,” even while still identifying $66,000 as an upside target. Exitpump argued that Binance spot is still selling into the rally, with the latest move driven more by derivatives/perps than spot d...
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Dash Weighs Philippines Expansion for Crypto Payments as Rules Ease

Dash is evaluating the Philippines as a potential market for crypto payments, with the project pointing to persistent pressure on consumers to use lower-cost transaction options. During Philippine Blockchain Week 2026, Dash Blockchain’s global adoption lead, Daria Chernozub, said the team is focused on regions where high fees and friction can make everyday payments difficult and where users may be more willing to adopt new digital tools. Chernozub told Cointelegraph that Dash’s approach is geared toward “people who are suffering from high commissions” and need payment solutions that are simple to use. She also said Dash is conducting an assessment of local demand and market readiness, while prioritizing legal compliance before any launch. Key takeaways Dash is exploring the Philippines for crypto payments, emphasizing lower transaction costs and easier user experience in markets with high fees. Dash says it is still assessing the local market and is prioritizing regulatory complian...
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Dash Targets the Philippines as a Growing Market for Crypto Payments

Dash is evaluating the Philippines as a potential destination for crypto payments, positioning the project’s technology as a way to reduce transaction costs in a market where users may be accustomed to high fees. Speaking to Cointelegraph at Philippine Blockchain Week 2026, Daria Chernozub, global adoption lead at Dash Blockchain, said Dash is focusing on emerging markets that need simpler, lower-cost payment options and where people can adopt new financial tools more easily. Key takeaways Dash says it is exploring the Philippines for crypto payments, citing demand for lower-cost transactions and easier-to-use payment tools. Dash’s team is still assessing local conditions and prioritizing legal compliance before pursuing any launch. Philippine Securities and Exchange Commission (SEC) officials describe corporate registration for foreign investors as fast via online processes, while crypto-specific compliance is expected to be more complex. Industry participants note that crypto...
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Japan’s corporate pension fund eyes 1% allocation to crypto, Nikkei reports

A Japanese corporate pension fund that serves roughly 1,200 small and medium-sized businesses plans to add cryptocurrency exposure to its portfolio starting fiscal year 2026, according to Nikkei . The proposal calls for allocating about 1% of the fund’s assets to crypto through a passive investment vehicle managed by a “major” hedge fund holding multiple crypto assets. Nikkei reports the Nationwide Business Corporate Pension Fund oversees approximately 21.3 billion yen (around $130 million). CoinPost, in a separate report, said the pension fund is incorporating the allocation as part of its diversification effort, with a planned allocation split of 80% to yen, 15% to US dollars, and 5% to other currencies. Key takeaways The Nationwide Business Corporate Pension Fund plans to dedicate roughly 1% of assets to cryptocurrency in fiscal year 2026. According to reports, the investment will be made via a passive fund managed by a hedge fund holding a basket of crypto assets. The move ad...
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Bitcoin Falls 40% Since STRC Launch as Market Tests Strategy

Bitcoin has continued to slide over the months since Strategy’s bitcoin-funding vehicle, Strategy’s preferred equity unit “Stretch” (STRC), launched in late July 2025. The move has put fresh scrutiny on how STRC’s structure is performing—and, more importantly, what happens when its market price drifts far below the $100 “liquidation preference” around which the instrument was designed to operate. STRC has recently traded at a persistent discount. On Thursday, the unit reportedly fell to a record low of $82.53 and closed at $88.59—well below the $100 par level. That gap has reignited calls from prominent critics, even as other analysts argue the drawdown reflects leverage dynamics rather than a fundamental collapse. Key takeaways STRC closed at $88.59 on Thursday after hitting a record low of $82.53, keeping the unit well below its $100 par level. Critics, including Peter Schiff, characterize STRC’s discount as evidence of a “centralized Ponzi,” though Strategy has not directly addr...
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