Bitcoin miners and other crypto-focused stocks plummeted on Thursday amid a wider downturn in crypto markets and other risk-on assets. 🔗 Source 💡 DMK Insight Bitcoin miners are feeling the heat, and here’s why that matters: the recent plunge in crypto markets isn’t just a blip—it’s a signal of broader risk-off sentiment. When Bitcoin and other cryptocurrencies drop, miners often see their margins squeezed, leading to a sell-off in mining stocks. This could create a cascading effect, especially if Bitcoin struggles to hold key support levels. If the price dips below a certain threshold, we might see more miners capitulating, which could further depress prices. Traders should keep an eye on correlated assets, particularly Ethereum, as its performance can influence sentiment across the board. Here’s the flip side: if this downturn is seen as a buying opportunity by larger players, we could see a rebound. Watch for any signs of accumulation around key levels, as that could indicate a potential reversal. The next few days will be crucial for gauging market sentiment and potential recovery. 📮 Takeaway Monitor Bitcoin’s support levels closely; a drop below key thresholds could trigger further sell-offs in mining stocks and related assets.

The payments entrepreneur’s app will allow customers to send digital dollars by using “multiple stablecoins and networks.” 🔗 Source 💡 DMK Insight The launch of this app could shake up the stablecoin market significantly. By enabling transactions across multiple stablecoins and networks, it opens the door for increased liquidity and competition among stablecoins. Traders should keep an eye on how this affects the dominance of leading stablecoins like USDC and USDT. If users start favoring this app, we might see a shift in trading volumes and price stability for these assets. Additionally, the app’s success could influence regulatory discussions around stablecoins, potentially leading to more stringent oversight or new opportunities for compliant digital dollar solutions. Watch for any shifts in trading patterns over the next few weeks as users adapt to this new option and how major exchanges respond to this competition. 📮 Takeaway Monitor trading volumes of USDC and USDT closely; a significant shift could indicate changing user preferences towards the new app’s offerings.

CleanCore Solutions has amassed 733 Million Dogecoin, but the firm’s stock is plunging, hitting a new bottom on Thursday. 🔗 Source 💡 DMK Insight CleanCore’s massive Dogecoin stash isn’t translating to stock success, and here’s why that matters: The firm’s accumulation of 733 million DOGE might seem bullish, but the stock’s decline signals deeper issues. Investors are likely questioning the sustainability of CleanCore’s business model, especially if the Dogecoin market remains volatile. With DOGE currently at $0.16, any significant price drop could further erode investor confidence, impacting CleanCore’s balance sheet and future operations. Traders should keep an eye on the correlation between DOGE’s price movements and CleanCore’s stock performance, as a downturn in DOGE could lead to a cascading effect on the stock. Also, consider the broader market sentiment around meme coins and their speculative nature. If DOGE fails to regain momentum, it could trigger a sell-off not just in CleanCore’s stock but across other assets tied to meme coins. Watch for DOGE to hold above key support levels, as a breach could signal further weakness. The next few trading sessions will be crucial for gauging market reactions and potential recovery strategies. 📮 Takeaway Monitor DOGE’s support levels closely; a drop below $0.15 could trigger further declines in CleanCore’s stock.

Top markets on Myriad this week include predictions on gold and ETH racing to $5,000, a new Solana all-time high, and whether the Fed will cut rates again this year. 🔗 Source 💡 DMK Insight ETH’s current price at $3,213.65 is sparking bullish predictions, but here’s the catch: While the $5,000 target is enticing, traders need to consider the broader market dynamics, especially with the Fed’s potential rate cuts looming. If the Fed does cut rates, it could inject liquidity into the market, benefiting risk assets like ETH and SOL. However, if inflation remains stubborn, we might see a different reaction. Watch for ETH’s resistance around $3,300; a break above could signal a stronger push towards that $5,000 target. On the flip side, if ETH fails to hold above $3,200, it might trigger profit-taking, leading to a pullback. Keep an eye on SOL as well, currently at $144.57, as it could follow ETH’s lead, especially if bullish sentiment builds. The key here is to monitor Fed announcements closely, as they could shift market sentiment dramatically. 📮 Takeaway Watch ETH’s resistance at $3,300; a breakout could lead to a rally towards $5,000, but failure to hold $3,200 may trigger a pullback.

Brock Pierce spoke about Bitcoin with Larry Summers at Jeffrey Epstein’s Manhattan townhouse, emails from the financier’s estate indicate. 🔗 Source 💡 DMK Insight So Brock Pierce chatting Bitcoin with Larry Summers at Epstein’s place might seem like a sideshow, but here’s why it matters: it highlights the ongoing intersection of crypto and traditional finance. This meeting could signal a shift in how institutional players perceive Bitcoin, especially with Summers’ background in economic policy. If high-profile figures like him start advocating for crypto, we could see increased institutional investment, which historically drives price action. Traders should keep an eye on Bitcoin’s resistance levels, particularly around the $30,000 mark, as a break above could trigger a wave of buying. But don’t ignore the flip side—this kind of association can also attract scrutiny and skepticism, especially from regulators. If negative sentiment builds, it could lead to short-term volatility. Watch for Bitcoin’s price action in the coming days; a close below $28,000 might signal a bearish trend. The real takeaway? Monitor institutional sentiment closely, as it could dictate Bitcoin’s next move. 📮 Takeaway Watch Bitcoin closely; a break above $30,000 could signal institutional buying, while a drop below $28,000 may indicate bearish sentiment.

The company said Chinese hackers used its Claude Code system to run agentic cyber intrusions in 30 companies. 🔗 Source 💡 DMK Insight So, Chinese hackers exploiting the Claude Code system is a big deal for cybersecurity and market stability. This incident highlights the vulnerabilities in tech infrastructure that could lead to significant operational disruptions for the affected companies. Traders should be aware that such cyber threats can trigger volatility in tech stocks, especially those directly involved in cybersecurity or cloud services. If these breaches lead to regulatory scrutiny or increased spending on security measures, it could impact profit margins and stock valuations. On the flip side, this could also present opportunities for cybersecurity firms as companies ramp up their defenses. Keep an eye on stocks like CrowdStrike or Palo Alto Networks, which might see increased interest as businesses react to these threats. Watch for any market reactions in the next few days, particularly if there are further disclosures about the extent of the breaches or if any companies report earnings impacted by these cyber intrusions. 📮 Takeaway Monitor tech stocks for volatility in the wake of the cyber intrusions, especially those in cybersecurity, as companies may increase security spending.

Google DeepMind introduced SIMA 2—a reasoning AI agent built for 3D worlds that the company says is a step closer to AGI. 🔗 Source