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Rack It Money NEWS - BITCOIN/CRYPTO/AI

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RACK IT MONEY NEWS - BITCOIN/CRYPTO/AI

Sam Altman ChatGPT AI Predicts Wild Bitcoin Price by End of 2026

  Author Ahmed Barakat 

Fact Checked by CryptoNews Editorial Team 

6/4/2026  

ChatGPT AI is not sugarcoating the current Bitcoin price picture at $64,000, but it is not throwing in the towel either, it predicts a $120,000 to $140,000 price prediction by the end of 2026 if BTC reclaims $90,000, and frames the current fear phase as historically the exact moment long-term reversals begin.

The framing Sam Altman’s AI is using is the most psychologically honest in this series: Bitcoin looks dead right now, and that is usually when it rips hardest.

Scott Bessent Pushes CLARITY Act This Summer: Bitcoin Reserve Will Grow at “Deliberate Speed”

Cipher Digital CEO on powering data centers and the company's growth strategy CNBC Television

  

Jun 3, 2026

Tyler Page, Cipher Digital CEO, joins 'Power Lunch' to discuss the company's pipeline, latency issues and much more.

Michael Saylor’s Bitcoin Machine Is Misfiring on Every Cylinder Bloomberg

Crypto Market Spooked: MSTR Sells Bitcoin as Quantum Risks Emerge Schwab Network

   

Jun 2, 2026

Sid Powell breaks down the latest crypto report, noting market worries, possible cash flow pressures, and Strategy (MSTR) selling Bitcoin for the first time since 2022 while still down 70% from its 52-week high. He talks about the causes of Bitcoin's recent weakening and whether a rebound could enable continued equity sales and what it signals moving forward

Bitcoin’s plunge to $65,000 has traders paying to protect against a fall to $50,000

Money Ranked: Where the Ultra-Rich Are Growing Fastest

  

Money

Ranked: Where the Ultra-Rich Are Growing Fastest 

June 1, 2026

By

Bruno Venditti 

Ranked: Where the Ultra-Rich Are Growing Fastest


Key Takeaways

  • The U.S. is expected to add nearly 67,000 people worth $30 million or more between 2021 and 2026, almost three times China’s increase.
  • Poland and Qatar are expected to more than double their ultra-rich populations, leading the world in percentage growth.
  • India is one of the few countries that ranks near the top in both total additions and growth rate.

 See which countries are gaining the most ultra-rich residents, with the U.S. projected to add nearly 67,000 by 2026.

Use This Visualization

Bitcoin Dumps Below $65K, Spurring $1.8B Wipeout Before Recovery – Analysts Debate The Cause, While Retail Blames Saylor

IREN Announces First Australian Data Center Campus - 800MW in South Australia

  Iren Limited 

$IREN   https://x.com/IREN_Ltd

just announced its plans to build a 800MW data center campus in Bundey, Australia 

 This is the first Australian data center project announced by Iren  

https://www.iren.com/investors/stock

 

NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the signing of a transmission connection agreement to support a planned 800MW data center campus in Bundey, South Australia.

Highlights

  • 800MW data center campus in Bundey, South Australia
  • High-voltage transmission connection secured into the utility’s substation
  • On track to commence energization from 2028
  • Submarine fiber connectivity into key Asia-Pacific demand centers
  • Expected to create over 200 ongoing skilled jobs, plus more than 500 during construction   

This marks IREN’s first announced Australian data center project and one of the largest in the Asia-Pacific region announced to date.

 The site is located approximately 78 miles northeast of Adelaide.

https://www.iren.com/investors/news

AI Cloud for the next big thing

Jamia Dimon BLOWS UP when confronted over crypto rules Fox Business

 

Jun 1, 2026 #foxbusiness #morningswithmaria

Coinbase Chief Policy Officer Faryar Shirzad discusses the CLARITY Act, crypto market performance and Coinbase's expansion into global derivatives trading on ‘Mornings with Maria.’ 

Bitcoin Dumps Below $65K, Spurring $1.8B Wipeout Before Recovery – Analysts Debate The Cause, While Retail Blames Saylor

RACK IT MONEY NEWS - BITCOIN/CRYPTO/AI

Bitcoin is losing what makes it unique, says RWA.xyz strategic advisor Emily Parker CNBC Television

  

Jun 2, 2026

Emily Parker, RWA.xyz strategic advisor, joins 'The Exchange' to discuss bitcoin's recent move lower, Parker's message to bitcoin investors and much more.


June 3, 2026 5:38 AM Bitcoin Plunges Below $67,000, Ethereum, XRP, Dogecoin Down Up To 5% As Crypto Sell-Off Accelerates by Khyathi Dalal Benzinga Staff Writer

Saylor’s Strategy Sells Bitcoin for First Time Since 2022 Bitcoin-hoarding firm says it sold the cryptocurrency to fund distributions on preferred stock

 

By 

Vicky Ge Huang

Updated June 1, 2026 5:31 pm ET    

Strategy MSTR -5.85%decrease;  the bitcoin-hoarding firm founded by Michael Saylor, said Monday that it sold 32 bitcoin last week for roughly $2.5 million, marking its first sale since the depths of the crypto winter in late 2022.

The company said it expected to use proceeds from the sale to fund distributions on its preferred stock, according to a regulatory filing. 


Strategy sold 32 BTC to pay dividends – But the real risk is what happens if it has to sell more Bitcoin

Bitcoin (BTC) News: Why BlackRock Sold $1 Billion in Bitcoin Photo of Sam Daodu By Sam Daodu Published May 25, 5:18PM EDT

  

Quick Read

  • BlackRock’s $1.01 billion in Bitcoin sales last week was not a bearish bet. It was the iShares Bitcoin Trust (IBIT) settling investor redemptions, with roughly 15,000 BTC sent in daily deposits to Coinbase Prime to meet ETF outflows. So, the selling came from BlackRock’s customers, not from BlackRock.
  • The sale was the bulk of $1.26 billion in total U.S. spot Bitcoin ETF outflows from May 18 to 22, making it the heaviest week of 2026.
  • Bitcoin dipped to a low near $74,300 before recovering to around $77,000, but that bounce was driven by short-term futures traders, not long-term buyers, and even that demand is fading. The reassuring part is that the selling stayed orderly and ETFs still hold around 1.3 million BTC, making this a cooling in demand rather than a structural collapse.

The Coldest Crypto Winter Ever? Bloomberg Analyst Theory Fuels a Heated Debate

Is the Bitcoin Thesis Broken? Tom Lee Weighs In Fundstrat

  

 

Jun 1, 2026 #TomLee #StockMarket #Bitcoin

Tom Lee joins 'Squawk Box' to discuss the latest market trends, impact of AI, market outlook, state of crypto, and more.

Bitcoin Extends Losses on Strategy Sale, Middle East Conflict By Renae Dyer, Dow Jones Newswires

BlackRock IBIT Sheds $1 Billion in Bitcoin as Larry Fink Quote Misleads Traders

   Lockridge Okoth  Mon, May 25, 2026 at 10:39 AM EDT  

  • IBIT-2.36%
  • BTC-USD+1.57%

Trade IBIT on Coinbase Trading disclosure

BlackRock-linked wallets sold $1.01 billion in Bitcoin (BTC) across five trading days last week, a wave of selling that surfaced just as a viral clip of Larry Fink praising crypto recirculated.

The juxtaposition drives notable debate as BTC holds near $77,000, suggesting other buyers absorbed the supply pushed out by iShares Bitcoin Trust (IBIT) redemptions.

more Bitcoin News

EconomyThe $126T Global Economy in One Giant Chart

  

Published  on May 6, 2026

By

Gabriel Cohen  & Joyce Ma 

 

Key Takeaways

  • The global economy is projected to hit $126 trillion in 2026.
  • Just four countries generate half of global GDP.
  • The U.S. alone makes up over a quarter of global output.

The global economy is expected to reach $126 trillion in 2026, but that output is highly concentrated.

More Bitcoin News

Bitcoin 'headwinds' could become 'tailwinds,' Strategy CEO says Fox Business Fox Business

  

May 31, 2026 #fox #media #us

Strategy CEO Phong Le explains the company’s plan to repurchase $1.5 billion in convertible bonds using cash reserves while continuing its Bitcoin buying strategy on ‘The Claman Countdown.’ 


Crypto News, June 2: Bitcoin Price Flash Crashes Below $70K, Saylor Explains Strategy Sale, Trump Saving Bibi’s Ass

Gold Ranked: Central Banks Buying and Selling Gold in 2026


Gold

Ranked: Central Banks Buying and Selling Gold in 2026

April 21, 2026

By

Niccolo Conte   Bruno Venditti  Amy Kuo  

Key Takeaways

  • Poland is the largest gold buyer in 2026 so far, adding over 20 tonnes.
  • Emerging markets are driving most purchases as geopolitical risk rises.
  • Russia and Turkey are among the biggest sellers, reflecting fiscal and currency pressures.

Central banks are taking diverging paths on gold in 2026.

More Bitcoin News

Which Governments Hold the Most Bitcoin in 2025?

   

Key Takeaways

  • The U.S. is the largest government holder of bitcoin (BTC), followed closely by China.
  • Government holdings of BTC are largely derived from law enforcement seizures or strategic mining initiatives.

Governments worldwide are increasingly holding bitcoin, whether through deliberate strategy or enforcement seizures. 

Today, some of the biggest national treasuries include hundreds of thousands of coins, worth billions of dollars.

In this infographic, we visualize the countries with the most bitcoin as of July 31, 2025.

more rackitmoney news

Rack It Money NEWS - BITCOIN/CRYPTO/AI

Ranked: The Companies Who Own the Most Bitcoin in 2025

 

Technology

Ranked: The Companies Who Own the Most Bitcoin in 2025


August 20, 2025 

By Marcus Lu

Design  Miranda Smith


Who Owns the Most Bitcoin in 2025? Top Companies Ranked 

Key Takeaways

  • Strategy (formerly MicroStrategy) is the world’s largest corporate holder of Bitcoin, with a portfolio worth over $70 billion.
  • More and more companies are adopting the strategy of investing in Bitcoin.
  • Bitcoin’s adoption story is shifting from retail investors to major corporations.


Crypto Kings: The Largest Cryptocurrency Fortunes Ever Amassed

Cryptocurrency Visualized: Stablecoin Market Size Forecast into 2030 Published October 4, 2025

  

Cryptocurrency

Visualized: Stablecoin Market Size Forecast into 2030 

October 4, 2025

By

Niccolo Conte

Design Sabrina Lam  


Visualized: Stablecoin Market Size Forecast into 2030 

Key Takeaways

  • The stablecoin market grew from $28 billion in 2020 to $282 billion in 2025, a tenfold increase in just five years.
  • By 2030, Citi’s base case projects $1.9 trillion in stablecoins, with $648 billion from banknote reallocation, $518 billion from liquidity substitution, and $702 billion from crypto adoption.


TechnologyStablecoin Week: 6 Insights Shaping the Future of Money

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CRYPToCURRENCy

Bitcoin Price (BTC)

Ethereum Price (ETH)

Ethereum Price (ETH)

 

About Bitcoin

The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.

 Bitcoin (BTC)  

BTC Bitcoin


Bitcoin

Ethereum Price (ETH)

Ethereum Price (ETH)

Ethereum Price (ETH)

 

About Ethereum

Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.

 Ethereum (ETH)  

ETH Ethereum


ETH

XRP Price (XRP)

Ethereum Price (ETH)

Tether Price (USDT)

 

About XRP

XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. Built for enterprise use on a global scale, XRP powers cost-efficient cross-border payments.

 XRP (XRP) 

  XRP  



XRP

Tether Price (USDT)

Tether Price (USDT)

Tether Price (USDT)

  

About Tether

Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation. Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.

 Tether USDt (USDT)   
Tether  USDT 

Tether token

BNB Price (BNB)

Tether Price (USDT)

Dogecoin Price $

   

About BNB

BNB is the native token of the BNB Chain ecosystem, which includes the BNB Smart Chain (formerly Binance Smart Chain) and BNB Beacon Chain.

 BNB (BNB)  

BNB BNB






BNB Price (BNB)

Dogecoin Price $

Tether Price (USDT)

Dogecoin Price $

  

About Dogecoin

Dogecoin (DOGE) was created in 2013 as a lighthearted alternative to traditional cryptocurrencies like Bitcoin. The Dogecoin name and Shiba Inu logo are based on a meme. Unlike Bitcoin, which is designed to be scarce, Dogecoin is intentionally abundant — 10,000 new coins are mined every minute and there is no maximum supply.

 Dogecoin (DOGE) 

 DOGE 


ÐOGECOIN

Solana Price (SOL)

Litecoin Price (LTC)

Solana Price (SOL)

  

About Solana

Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a combination of proof of stake consensus and so-called proof of history. As a result, Solana claims to be able to support 50,000 transactions per second without sacrificing decentralization.

 Solana (SOL) 

 SOL 

Solana

TRON Price (TRX)

Litecoin Price (LTC)

Solana Price (SOL)

  

About TRON

TRX or Tronix is a cryptocurrency running on the TRON blockchain. Its goal is to create a decentralized Internet.

  TRON (TRX) 

 TRX 






TRON

Litecoin Price (LTC)

Litecoin Price (LTC)

Litecoin Price (LTC)

 

About Litecoin

Litecoin is a cryptocurrency that uses a faster payment confirmation schedule and a different cryptographic algorithm than Bitcoin.

 Litecoin (LTC) 

 LTC 






Litecoin

Cardano (ADA)

Chainlink® (LINK)

Litecoin Price (LTC)

About Cardano 

 Cardano is a third-generation blockchain platform named after Ada Lovelace, the 19th-century mathematician recognized as the first computer programmer. It was launched in September 2017 by IOHK (Input Output Hong Kong), a technology company founded by Charles Hoskinson and Jeremy Wood. 

 Cardano (ADA) 

 ADA 




Cardano

Chainlink® (LINK)

Chainlink® (LINK)

Chainlink® (LINK)

About Chainlink® 

 Chainlink is a decentralized blockchain oracle network. Chainlink's token is on Ethereum. The network is intended to be used to facilitate the transfer of tamper-proof data from off-chain sources to on-chain smart contracts. 

 Chainlink (LINK) 

 LINK 






Chainlink®

Monero (XMR)

Chainlink® (LINK)

Chainlink® (LINK)

About Monero  

 Monero (XMR) is a cryptocurrency . Users are able to generate XMR through the process of mining. Monero has a current supply of 18,446,744.07370955.  

 Monero is committed to providing the highest degree of decentralization in both network security and code development. Its Proof of Work algorithm prevents specialized mining hardware from dominating the network and allows for fair distribution of block rewards. 

 Monero (XMR) 

 XMR 

Monero (XMR)

TOP BitCOIN ETF'S

Fidelity® Wise Origin® Bitcoin Fund (FBTC)

Fidelity® Wise Origin® Bitcoin Fund (FBTC)

Fidelity® Wise Origin® Bitcoin Fund (FBTC)

 

Fidelity® Wise Origin® Bitcoin Fund 

 (FBTC) 

 FBTC 

Market Value

 $17.9 billion 

2/13/2026

Fidelity Wise Origin Bitcoin Fund

iShares® Bitcoin Trust ETF (IBIT)

Fidelity® Wise Origin® Bitcoin Fund (FBTC)

Fidelity® Wise Origin® Bitcoin Fund (FBTC)

 

iShares® Bitcoin Trust ETF

  (IBIT) 

 IBIT 

Market Value

  $70.2 billion  

 2/13/2026 

iShares Bitcoin Trust ETF

Grayscale® Bitcoin Mini Trust ETF (BTC)

Fidelity® Wise Origin® Bitcoin Fund (FBTC)

Grayscale® Bitcoin Mini Trust ETF (BTC)


  Grayscale® Bitcoin Mini Trust ETF

 (BTC) 

 BTC 

Market Value

 $4.3 billion 

 2/13/2026 

Grayscale Bitcoin Mini Trust ETF

Grayscale® Bitcoin Trust ETF (GBTC)

Grayscale® Bitcoin Trust ETF (GBTC)

Grayscale® Bitcoin Mini Trust ETF (BTC)


  Grayscale®  

Bitcoin Trust ETF (GBTC)

 (GBTC) 

 GBTC 

Market Value

 $10.6 billion 

 2/13/2026 

Grayscale Bitcoin Trust ETF (GBTC)

Bitwise® Bitcoin ETF (BITB)

Grayscale® Bitcoin Trust ETF (GBTC)

ARK 21Shares™, Bitcoin ETF (ARKB)


  

Bitwise® Bitcoin ETF (BITB)

 (BITB) 

 BITB 

Market Value

 $2.6 billion 

 2/13/2026 

Bitwise Bitcoin ETF (BITB)

ARK 21Shares™, Bitcoin ETF (ARKB)

Grayscale® Bitcoin Trust ETF (GBTC)

ARK 21Shares™, Bitcoin ETF (ARKB)


   ARK 21Shares™, Bitcoin ETF 

 ARK ETF Trust © 

 (ARKB) 

  ARKB 

Market Value

 $2.4 billion 

 2/13/2026 

ARK 21Shares Bitcoin ETF (ARKB)

VanEck® Bitcoin ETF (HODL)

Invesco Galaxy Bitcoin ETF (BTCO)

Invesco Galaxy Bitcoin ETF (BTCO)


   VanEck® Bitcoin ETF (HODL)

  HODL  


Market Value

 $1.1 billion 

 2/13/2026 


VanEck Bitcoin ETF (HODL)

Invesco Galaxy Bitcoin ETF (BTCO)

Invesco Galaxy Bitcoin ETF (BTCO)

Invesco Galaxy Bitcoin ETF (BTCO)

    

Invesco Galaxy Bitcoin ETF

   BTCO 


Market Value

 $ .5 billion 

 2/13/2026 


Invesco Galaxy Bitcoin ETF (BTCO)

Coinshares Bitcoin ETF (BRRR)

Invesco Galaxy Bitcoin ETF (BTCO)

Coinshares Bitcoin ETF (BRRR)

    

Coinshares Bitcoin ETF (BRRR)

 BRRR 


Market Value

 $ .5 billion 

 2/13/2026 


CoinShares Bitcoin ETF (BRRR)

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Why These Bitcoin Miners Are Becoming Summer’s Hot AI Stocks 

By Nina Bambysheva,

Forbes Staff

Crypto miners are harnessing their advanced equipment and low-cost energy for the burgeoning artificial intelligence sector. As the demand for computational power soars, these miners are uniquely positioned to profit from the AI boom. 

Latest On Crypto News, Bitcoin & Blockchain

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 The financial content/links provided within this site are public, intended solely for educational & informational purposes, and does not constitute an endorsement or financial advice. I encourage readers to conduct their own research on all BITCOIN ETF"S/Miners/Treasuries, Crypto currencies & all AI/Tech stocks.   

Take note that Bitcoin has a history of volatility, as such excessive leverage represents higher risks. 


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