According to Odaily Planet Daily, Andrei Grachev FF, co-founder of DWF Labs, stated in an article on the X platform that BitMine and Strategy could potentially cause the largest market crash in cryptocurrency history. He hopes this won't happen, but urges you to consider your trading strategy if BTC drops to $10,000 to $20,000.

According to Odaily Planet Daily, Andrei Grachev FF, co-founder of DWF Labs, stated in an article on the X platform that BitMine and Strategy could potentially cause the largest market crash in cryptocurrency history. He hopes this won't happen, but urges you to consider your trading strategy if BTC drops to $10,000 to $20,000.

According to Odaily Planet Daily, Bitcoin continued its decline this week, recently closing at $60,619, about 12.6% lower than the closing price of approximately $69,355 on November 5, 2024, the day of the US election. It briefly fell below $60,000, the first time since 2024, representing a drop of nearly 52% from its all-time high. After Trump's re-election in 2024, Bitcoin rose above $75,000, reaching approximately $109,000 in January 2025. In October 2025, after hitting a high of $126,080, Bitcoin subsequently fell from above $121,000 to $106,000 during a $19 billion liquidation in the crypto market. In January 2026, Bitcoin ETFs saw a net outflow of over $1.5 billion. Michael Saylor's Strategy sold 32 bitcoins for approximately $2.5 million at the end of May; Trump recently stated he would not let the crypto industry down; the GENIUS Act was signed into law last year, while the Clarity Act, after passing a committee vote in May, has yet to complete its legislative process. (Decrypt)

According to Odaily Planet Daily, John Flood, a partner at Goldman Sachs and head of Americas Equity Execution Services, stated that Friday's sharp decline in US stocks presented a buying opportunity. He believes the technical characteristics of this pullback are more in line with a healthy correction, primarily driven by profit-taking ahead of the weekend and market expectations of increased IPO supply. He stated that the recent market correction is more like a normal adjustment within a bull market than a trend reversal; the market remains concerned about inflationary pressures, geopolitical risks related to Iran, and potential uncertainties in the private credit market, indicating that investors have not yet become overly optimistic. Flood stated that the S&P 500 has a clear path to 8000 points this year, and there haven't been many opportunities to buy on dips this year. Historically, buying when the S&P 500 retraces by 2% has typically been profitable.

According to Huoxun Finance, Zcash Open Development Lab, in conjunction with Tachyon, Valar Group, Zcash Foundation, and Shielded Labs, has proposed a new network upgrade and shielded pool called "Ironwood," scheduled for activation by the end of July 2026, with the exact timing depending on testing and ecosystem coordination. Ironwood will utilize the existing Orchard protocol, adding formal verification and independent security audits. It will verify all ZEC supply transferred from Orchard to Ironwood through a "Turnstile" mechanism, allowing anyone to audit the circulating Zcash supply, enhancing protocol security and transparency. ZODL stated that the recently discovered Orchard integrity vulnerability has been identified and fixed through coordinated upgrades. There is no evidence that the vulnerability was exploited, nor has there been any loss of user funds or change in the total ZEC supply. The issue has not affected the privacy attributes of the privacy pool, and Orchard continues to operate normally. After the upgrade, the Orchard pool will close new deposits and internal transactions. Funds can only be migrated to Ironwood through the Turnstile mechanism. Wallets supporting Orchard will provide a one-click migration function, and the new privacy pool will use users' existing Orchard addresses without requiring changes. In addition, ZODL is working to deprecate zcashd, including developing a new command-line wallet, Zallet, assisting node operators in migrating to Zebrad, and updating wallets and SDKs to support Ironwood upgrades.