{"id":99229,"date":"2026-06-07T18:03:06","date_gmt":"2026-06-07T18:03:06","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=99229"},"modified":"2026-06-07T18:03:06","modified_gmt":"2026-06-07T18:03:06","slug":"weekend-round-up-bitcoins-crash-peter-schiffs-speculations-and-more","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=99229","title":{"rendered":"Weekend Round-Up: Bitcoin&#8217;s Crash, Peter Schiff&#8217;s Speculations And More"},"content":{"rendered":"<div>\n<p>This week was a rollercoaster ride in the world of cryptocurrencies. Bitcoin\u2019s crash to $60,000 has stirred up a storm, with\u00a0<strong>Two Prime\u2019s<\/strong>\u00a0CEO suggesting that\u00a0<strong>Strategy\u2019s<\/strong> CEO may have flown too close to the sun. Meanwhile, economist <strong>Peter Schiff <\/strong>speculated about the potential implications of Bitcoin\u2019s latest crash for the broader risk-asset market.<\/p>\n<p>Let\u2019s dive into the details.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Bitcoin\u2019s Crash: A Sign of Strategy\u2019s Overreach?<\/strong><\/h2>\n<p>According to\u00a0<strong>Two Prime\u2019s<\/strong>\u00a0CEO,\u00a0<strong>Strategy\u2019s<\/strong>\u00a0average cost basis near $75,700 has led to more than $10 billion in unrealized losses. With three competing camps to satisfy, DACM founder Richard Galvin warns that one group will have to \u201ctake the pain to protect the other two.\u201d<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/prediction-markets\/26\/06\/53037347\/bitcoins-crash-to-60000-means-saylor-has-flown-too-close-to-the-sun-two-prime-ceo-says\"><em>Read the full article here.<\/em><\/a><\/p>\n<h2 class=\"wp-block-heading\"><strong>Peter Schiff\u2019s Bitcoin Speculations<\/strong><\/h2>\n<p>Economist Peter Schiff has speculated on the potential implications of Bitcoin\u2019s latest crash on the broader risk asset market. He wonders &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/26\/06\/53048945\/weekend-round-up-bitcoins-crash-peter-schiffs-speculations-and-more?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Weekend\" round-up: bitcoin crash peter schiff speculations and more>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>This week was a rollercoaster ride in the world of cryptocurrencies. Bitcoin\u2019s crash to $60,000 has stirred up a storm, with\u00a0Two Prime\u2019s\u00a0CEO suggesting that\u00a0Strategy\u2019s CEO may have flown too close to the sun. Meanwhile, economist Peter Schiff speculated about the potential implications of Bitcoin\u2019s latest crash for the broader risk-asset market. Let\u2019s dive into the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-99229","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/99229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=99229"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/99229\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=99229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=99229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=99229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}