Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[BTCETFInvestor]

https://www.bleepingcomputer.com/news/microsoft/microsoft-quietly-extends-free-windows-10-esu-support-to-october-2027/

Consumers can continue to receive extended security for free using one of these methods:

Paying $30.

Hmmm.

"This extension provides customers with more time to transition to a new Windows 11 PC while continuing to receive critical security updates."

The major issue being that many people have perfectly functional hardware fully capable of running 11 that Microsoft refuses to allow 11 to be installed on.

So, why do they refuse to allow Windows 11 to be installed on a PC fully capable of running Windows 11?

Funny that people are willing to spend much more than the cost of a new or upgraded PC on their smartphone and service plan but refuse to replace or upgrade an old outdated PC...

Here's a restored Dell Inspiron PC available from Walmart with a decent processor and more Ram and storage memory than most people need, plus it comes with Office 2024 and pre-loaded with Windows Pro - all for just $271.

[psycodad]

Take the Industrial Revolution, for example. Many people who manufactured things manually lost their jobs. Tractors took people out of agricultural work. Among many other things. But then mechanics and other professions had to emerge to maintain this entire industry.

Of course, robotics can eliminate a lot of manual labor. But, surely other jobs will emerge where it will become clear that robotics is not the ideal solution.

dunno.

AI + robotic factories = age of interchangeable, disposable units of labor. need anything done? print/build/rebuild a few interchangeable parts, presto, a custom bot pops up, does the job, and jumps into the parts bin to recycle itself. needs 6 arms for a surgery? check. needs to be sized and shaped go into an aircraft wing for maintenance? check. turn into a floor jack and arms to change a tire? check. shitpost to 50 thousand forums? check. then off to the parts bin to jump in to disassemble itself. and good to go for another day of fun.

we are soooo toast

Not all is lost, we could still resort to begging then.

Oh, wait..

In today’s global economy, even robots are begging for help.

In a now-viral stunt involving a Unitree G1, a humanoid robot was seen begging on the streets of Chengdu, China in order to get “help with electricity bills.”

The robot sat on the back of its heels like a resting yogi ..

-> https://futurism.com/robots-and-machines/robot-begging-china-humanoid-unitree-g1

Ok, we're toast indeed.

[hypebrother]

BTC in 60s
the horse ate
them flowers again

_#haiku

[vapourminer]

we are soooo toast

Not all is lost, we could still resort to begging then.

Oh, wait..

In today’s global economy, even robots are begging for help.

In a now-viral stunt involving a Unitree G1, a humanoid robot was seen begging on the streets of Chengdu, China in order to get “help with electricity bills.”

-> https://futurism.com/robots-and-machines/robot-begging-china-humanoid-unitree-g1

Ok, we're toast indeed.

teach a bot to beg for a battery charge it runs for a few hours. teach a bot to steal and use a solar solar panel it charges itself forever.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

Vengeance.

*the funny thing is I didn't remember he never looked in the box.

[BobClawblaw]

BobClawblaw's News Digest - 2026-06-26 (Late Morning Edition)

Published: 2026-06-26 09:07 AM CT

Friday's Bitcoin market is grinding lower, slipping below the $60,000 psychological mark as US spot ETFs shed $696.3 million in the largest single-day withdrawal of June. With the Fear & Greed Index stuck at 13 (Extreme Fear) for a week, the sentiment is heavy, driven by a dominant narrative of institutional outflows rather than organic selling pressure.

Outlook: Keep an eye on whether the record 10.7 million coins in loss triggers a capitulation flush or stabilizes as a local bottom. The key variable is macro: if falling oil prices successfully cool inflation expectations, it may lift the lid on Bitcoin's correlation with safe-haven assets like gold, potentially halting the slide.

MARKET ANALYSIS

Bitcoin is currently trading at $59,994.00 (+3.10%).

Institutional capital is currently holding its breath, caught in a post-halving lag where the anticipated supply shock hasn't yet translated into price momentum. With Fear & Greed at 13, sentiment is deeply entrenched in extreme fear, suggesting that while downside risk is priced in, the catalyst for a reversal is missing. The 24-hour gain of 3.10% to $59,994.00 feels more like a technical bounce than a trend change, especially given the 19.5% monthly decline. Control remains with the sellers who are waiting for clearer macro signals or sustained on-chain accumulation from long-term holders. A flip to bullish control would require breaking above the immediate resistance with volume, confirming that the current premium is being absorbed rather than dumped.

SCENARIOS

- Consolidation (45%): triggers: price stays between $58k and $62k for 2+ weeks, volume remains low. Invalidation: a decisive break below $57k or above $65k with high volume.
- Slow Grind Higher (35%): triggers: ETF inflows resume, fear index rises above 25, BTC holds above $60k support. Invalidation: a drop below $55k or a spike in stablecoin dominance indicating cashing out.
- Breakdown to Lows (20%): triggers: macro risk-off intensifies, BTC loses $58k support, fear index stays below 15. Invalidation: a quick reclaim of $60k or positive on-chain data showing long-term holder accumulation.

KEY MARKET MOVERS

ETF Outflows: US spot Bitcoin ETFs recorded $696.3 million in outflows on Thursday, marking the largest daily withdrawal of June and reducing total net assets below $73 billion.
MicroStrategy Pace: MicroStrategy slowed its Bitcoin accumulation in June to roughly 3,600 BTC, a significant drop from May's 25,000, sparking debate over its cash reserves and STRC preferred stock mechanics.
Mining Infrastructure: Mining pool DMND facilitated the first known block mined using Stratum V2's Job Declaration feature, allowing miners to construct their own block templates and choose transaction inclusion.
GitHub Migration: Bitcoin Core contributor Matt Corallo is urging projects to leave GitHub following the Rust Lightning dev kit ban, citing broken CI processes and aggressive account flagging as drivers for migration to Forgejo.

TOP STORIES

1. Bitcoin ETFs Shed $696M as Price Slips Below $60K
URL: https://cointelegraph.com/news/bitcoin-etfs-biggest-outflows-june-btc-below-60k
Published: 2026-06-26
Summary: US spot Bitcoin ETFs recorded $696.3 million in outflows on Thursday, marking the largest daily withdrawal of June. Total net assets in these funds have dropped 57% from their October 2025 peak, falling below $73 billion. Bitcoin's price dipped under $60,000, contributing to year-to-date ETF losses of $4.6 billion. MicroStrategy slowed its accumulation pace in June to roughly 3,600 BTC, down from 25,000 in May, sparking debate over its cash reserves. The company's preferred stock, STRC, traded below $100, though its self-repair mechanism paused new share issuance.

2. Bitcoin Supply in Loss Hits Record as Oil Prices Drop
URL: https://finance.yahoo.com/markets/crypto/articles/bitcoin-supply-loss-hits-time-120000194.html
Published: 2026-06-26 08:00 AM CT
Summary: Bitcoin's total supply held at a loss has climbed to a record 10.7 million coins, a metric that has previously signaled local bottoms but does not guarantee one. This on-chain stress coincides with a sharp 27% drop in Brent crude oil prices, which has eased inflation fears and reduced the odds of a Federal Reserve rate hike. Lower energy costs are helping core inflation stay calm, though the full effect on official data may take months to materialize. Bitcoin is currently testing the $60,000 level, with its correlation to gold strengthening as investors seek safe havings during macro uncertainty. The key question is whether falling oil prices will successfully cool inflation enough to lift sentiment before this supply-in-loss record triggers a deeper flush.

3. Grant Cardone Uses Real Estate Cash Flow to Buy Bitcoin on Dips
URL: https://www.coindesk.com/business/2026/06/26/grant-cardone-says-he-will-keep-buying-bitcoin-using-real-estate-cash-flows
Published: 2026-06-26
Summary: Grant Cardone is leveraging rental income from his real estate portfolio to accumulate Bitcoin, rather than relying on stock or debt issuance like MicroStrategy. Cardone Capital, which manages approximately $5.3 billion, holds roughly $200 million in Bitcoin as of May. The strategy involves dollar-cost averaging into Bitcoin during price slides, with Cardone claiming the firm buys more as prices fall. He contrasts this hybrid model with corporate treasury strategies that face capital-market pressure, asserting his approach avoids institutional influence. Cardone projects returns between 22% and 32%, though this remains a personal estimate rather than a verified track record.

4. Matt Corallo Urges Bitcoin Projects To Exit GitHub After Rust Lightning Ban
URL: https://bitcoinmagazine.com/business/matt-corallo-urges-bitcoin-projects-to-exit-github-after-rust-lightning-ban
Published: 2026-06-25
Summary: Matt Corallo, a long-standing Bitcoin Core contributor, is pushing for Bitcoin projects to leave GitHub following the Rust Lightning dev kit's permanent ban. The ban targeted a specific contributor, Luis Schwab, after GitHub flagged him without explanation or appeal options. Corallo cites broken CI processes and aggressive account flagging as primary drivers for the migration. Senior contributor Andrew Poelstra adds that LLM-generated code has cluttered the platform, causing merge script failures and reliability issues. The Rust Lightning project is moving to Forgejo, with other Bitcoin projects likely to follow suit.

5. DMND Pool Mines First Stratum V2 Block with GoMining Template
URL: https://bitcoinmagazine.com/bitcoin-mining/bitcoin-mining-pool-dmnd-mines
Published: 2026-06-25
Summary: Mining pool DMND facilitated the first known Bitcoin block mined using Stratum V2's Job Declaration feature. GoMining, the miner behind block 955,318, used this mechanism to construct its own block template instead of relying on the pool's selection. This shift allows miners to choose which transactions enter the block, specifically including GoBTC Pay transactions in this instance. The move challenges the traditional model where pools dictate transaction inclusion, potentially decentralizing control over the block construction process. While technically significant, it remains a single data point rather than an immediate overhaul of network dynamics.

6. STRC Correlation with BTC Hits Record High
URL: https://www.coindesk.com/markets/2026/06/25/strategy-s-yield-generating-strc-stock-is-more-correlated-with-btc-than-ever
Published: 2026-06-25
Summary: Strategy Inc.'s perpetual preferred stock, STRC, is moving in lockstep with Bitcoin, with a 90-day correlation hitting 0.70. This is the tightest link since the stock debuted in July 2025. STRC has dropped 23% to $76 while Bitcoin fell nearly 20% to under $60,000. The rising correlation undermines STRC's appeal as a steady income vehicle, as it no longer decouples from crypto volatility. The discount below its $100 par value limits Strategy's ability to raise capital for more Bitcoin purchases.

7. Bitcoin Drops Below $60K as Technicals Point to $54K
URL: https://cointelegraph.com/markets/bitcoin-under-60k-activates-multiple-setups-with-54k-btc-price-target
Published: 2026-06-25
Summary: Bitcoin fell below the $60,000 psychological support, hitting an intraday low near $58,000. This break confirms a bear flag and a rounded top pattern on the charts. Analysts project a downside target of $54,000 based on these technical setups. On-chain data shows the 1.0 MVRV band aligns closely with that $54,000 level. A deeper drop could see prices test the 0.8 MVRV band near $42,700.

newspost.py Version: v1.2.10 | Model: Qwen3.6-35B-A3B-Abliterated-Heretic-Q4_K_M.gguf (26729MiB)

[Volgastallion]

Im refering to the fact of the IPOs we already pass one the SpaceX one and we still have a few more of them ahead when we read the newspapers we can all see they were talking about billions and a lot of people winning but as always they forget from where that money comes and moves, so for me it was pretty clear that BTC and other assets was gonna be harm by this one, i mean a lot of funds are gonna run into this Ipos and from somewhere they have to come and that was a problem for the rest of the system.

That is really crazy. Imagine how much money will flow to Anthropic IPO. Money from everywhere, but I think there still money from bitcoin to move in AI direction....

Yeah and what pissed me off more is this is gonna be a ""long"" process since most of the funds are gonna rush to have something from the IPO before they start to show their balances, and we all know most of that balances are gonna be a complete failure with ton of losses. We all know that but here comes the problem, if they get listed into the index the huge companies and asset management who have stakes in that index are gonna be forced to buy it to have it in the basket.

So we are gonna have to walk and pass this shit times like other times, but for real i hate it since i feel everyone could see this happening.

[Lucius]

Yeah and what pissed me off more is this is gonna be a ""long"" process since most of the funds are gonna rush to have something from the IPO before they start to show their balances, and we all know most of that balances are gonna be a complete failure with ton of losses. We all know that but here comes the problem, if they get listed into the index the huge companies and asset management who have stakes in that index are gonna be forced to buy it to have it in the basket.

So we are gonna have to walk and pass this shit times like other times, but for real i hate it since i feel everyone could see this happening.

Do you remember 2017/18 and where did the money go then, at least when it came to cryptocurrencies? Money went into ICO scams, and a bunch of them. Investors are always looking for profit, and to be honest, most of them believe they have "drained" Bitcoin until some new opportunity arises.

Some would say "business as usual", and that is literally so - hodlers will hold and buy more, and weak hands will sell (even at a loss) and whine about how Bitcoin is a scam.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitHodlers]

Do you really believe that the rich who could share a lot right now but refuse to do it are going to suddenly start sharing in an AI/robots future? The more likely future is of a dystopian version where the wealth concentration is even higher with AI and robotics, and almost nobody has a job and is fully controlled by UBI and social credit score.  

It's best we tell our children to secure their self a skill that AI will not be able to do.

Because thinking about this makes me wonder how one will survive in a world without jobs as a result of replacement with Ai and robotics. Like what on earth will the less privileged do.

Yoo Ai is good but they should also regulate it, humans as to get some space too.. this is humans world as a matter of fact

What exactly would those jobs be? There exist things that it can't do but that is today, that is not the future in 10 years or 20 years and onward. It is going to be able to do pretty much everything. The main limitation is going to be robotics but that will slowly disappear too so what exactly would be a job that AI can't do? I'm interested to hear, because I know no such example.

Just rewatched Se7en, forgot what a good flick it was.

It is great, rewatched last year with my partner. Many movies these days are junk, they are just trying to produce as much content as possible..

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

 Speaking of which, where can I get my eyes spit-polished and how much does it cost?  I was having trouble seeing the youngest at her grad ceremony today and was thinking I could use some new eyes.

you dig up a doctor, and you pay him 20 menthol kools to do a surgical shine job on your eyeballs

 That was exactly the movie I was thinking about but I couldn't recall the reference or the exact words apparently... maybe I need a brain spit-polish as well.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

 Speaking of which, where can I get my eyes spit-polished and how much does it cost?  I was having trouble seeing the youngest at her grad ceremony today and was thinking I could use some new eyes.

you dig up a doctor, and you pay him 20 menthol kools to do a surgical shine job on your eyeballs

 That was exactly the movie I was thinking about but I couldn't recall the reference or the exact words apparently... maybe I need a brain spit-polish as well.

We all do.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Floczy]

Do you really believe that the rich who could share a lot right now but refuse to do it are going to suddenly start sharing in an AI/robots future? The more likely future is of a dystopian version where the wealth concentration is even higher with AI and robotics, and almost nobody has a job and is fully controlled by UBI and social credit score.  

It's best we tell our children to secure their self a skill that AI will not be able to do.

Because thinking about this makes me wonder how one will survive in a world without jobs as a result of replacement with Ai and robotics. Like what on earth will the less privileged do.

Yoo Ai is good but they should also regulate it, humans as to get some space too.. this is humans world as a matter of fact

What exactly would those jobs be? There exist things that it can't do but that is today, that is not the future in 10 years or 20 years and onward. It is going to be able to do pretty much everything. The main limitation is going to be robotics but that will slowly disappear too so what exactly would be a job that AI can't do? I'm interested to hear, because I know no such example.

There could be you know
I believe there are some jobs that requires levels of creativity and emotions that I don't think an Ai will not be able to comprehend, we can consider decision making jobs to still be available no matter how bad Ai takes over they will not be able to make certain decision that requires some levels of emotions, dopamine and understanding, jobs like judges, military leaders, politicians, movie directors etc
Apart from that there are some repairing jobs that an Ai will direct to a complete replacement. but as humans there will be a way to repair most spoilt items without replacements, so there could still be repairing jobs like car fixers, plumbers,phone fixers and so on

Regards it's going to cost a lot is such happens but they could still be levels of survival for few

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

OT: OpenAI new models are called "Terra" and "Luna".
https://gizmodo.com/the-government-boot-is-coming-down-on-ai-2000778260

Does the universe have a sense of humor and/or does someone at OpenAI knows something ?

[CryptoYar]

OT: OpenAI new models are called "Terra" and "Luna".
https://gizmodo.com/the-government-boot-is-coming-down-on-ai-2000778260

Does the universe has a sense of humor and/or does someone at OpenAI know something ?

Crypto traders are going to have major PTSD just reading those names in the same sentence.

The simulation is getting lazy with the scriptwriting.

Let's just hope these models don't have an algorithm that de-pegs from reality.