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Citi Raises Sandisk Price Target to $2,500 as SNDK Rallies 4,800% in 12 Months
- Citi raised its Sandisk price target to $2,500 amid SNDK's 4,800% rally in 12 months.
- SNDK shares jumped around 22% after the bullish analyst price target hike.
- Citi expects NAND market tightness to persist beyond 2027, driven by AI infrastructure demand.
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The Next PM Could Decide Britain’s Crypto Future
- Britain’s digital asset rules are already moving forward, despite political turmoil at No. 10.
- The next prime minister will still matter on unresolved issues like DeFi, stablecoins, tax and financial promotions.
- The sector’s bigger risk is crypto becoming a partisan culture-war issue, rather than a financial infrastructure debate.
BitGo Cuts 15% of Workforce to Focus on Stablecoins and AI
- BitGo is cutting nearly 15% of its workforce in a one-time restructuring.
- CEO Mike Belshe says no further job cuts are expected.
- BitGo is refocusing on security, trading, stablecoins, settlement, and AI.
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XRP Quietly Loses Its Last Line of Support
- XRP is losing its last major support near $1.04 as selling pressure builds.
- Weekly RSI has slid into oversold territory not seen since 2022.
- Whale transactions and social dominance keep falling, showing no buyer support.
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Best Crypto Platforms to Buy Tokenized Gold in 2026
Tokenized gold platforms reviewed: Bitget, Binance, Kraken, Coinbase, Bybit. Evaluation criteria: regulatory compliance, supported gold tokens, trading fees, liquidity depth, and geographic availability.
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SOL Price is Down 20% But Solana Network Activity is Climbing on Meme Coins
- Solana network activity is rising even as SOL drops 19% in a month.
- SOL exchange inflows jumped about 25x since June 11, hinting at selling pressure.
- Memecoin and perp apps like pump.fun and Jupiter drive most of the volume.
Rosen Law Firm Launches Probe Into MicroStrategy
- Rosen Law Firm is investigating whether Strategy misled investors about its Bitcoin strategy and risks.
- The probe covers MSTR, STRC, STRF, STRK, and STRD securities following recent market volatility.
- Arkham says STRC is not another LUNA, citing Strategy’s discretionary dividend structure.
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After MiCAR, Europe’s Crypto Market Enters the Supervision Era
- Europe’s crypto market is moving toward long-term supervision, governance, and operational responsibility under MiCAR.
- Audrey Lim says successful implementation will depend on trust, investor protection, resilience, and credible regulatory engagement.
- KuCoin EU sees compliance and commercial growth as connected parts of building a sustainable digital asset business in Europe.
PCE Inflation Shakes Markets: Nasdaq Rally Collapses, Bitcoin Falls to New 2026 Low
- Bitcoin fell to about $58,000, its lowest level since September 2024.
- Crypto liquidations topped $1.26 billion across more than 209,000 traders.
- Hotter May PCE inflation dimmed hopes for near-term Fed rate cuts.
