Author
Ahmed Barakat
Author
Share
Fact Checked by
CryptoNews Editorial Team
Author
Bitcoin is not having a good time as Strategy STRC peg finally snapped, Iran peace talks stalled before they even started, and Microsoft just told every Windows user touching crypto to wake up.
Strategy chairman, Saylor, dropped a tweet this morning that felt way too calm for him. There is fire, no shill energy in his tweet, it’s worrying to some degree. At the same time, an old video of him saying he built parts of the Bitcoin Strategy mechanism with ChatGPT is getting another round of attention.
In reality, the STRC peg has been broken since May, and it’s getting ugly because of the Bitcoin current chart. STRC was aggressively buying Bitcoin when it was above par, but now it’s below $100, and the buying pressure is somehow gone. If STRC stops acting like an accumulator, Bitcoin could lose one of its more aggressive buyers. Some analysts even think that we could see forced selling next.
It could be just temporary, and the peg may be back when Bitcoin starts going back up again. But either way, Saylor with his STRC Strategy and Bitcoin is not in a good position. Critics say this is the same movie as the dot-com days. We can feel that STRC fud isn’t going away anytime soon, not before Bitcoin goes up.
Discover: The Best Crypto to Diversify Your Portfolio
Iran Peace Talks Postponed Just 24 Hours After Memorandum Signed: Bitcoin, STRC, and Saylor Are in Danger
Switzerland said today that Friday’s US-Iran meeting will be postponed. Iran reportedly suspended the whole 60-day process less than a day after the initial deal, blaming strikes on Lebanon. JD Vance’s trip has also been quietly canceled. Iran peace deal looks dead in the water right now.
Simultaneously, the Pentagon is now asking for $80 billion to cover Iran war costs after already spending way more than the $29 billion they admitted back in May. But this is also on top of their trillion-dollar budget.
More geopolitical tension means more short-term pain for risk assets and anyone running a leveraged Bitcoin-like strategy.
Discover: The Best Token Presales
Microsoft Warns Windows Users of Crypto Attack
Microsoft Threat Intelligence posted about a crypto clipper that’s been running since February. It swaps wallet addresses in your clipboard, spreads through malicious .lnk files on USB drives, and even runs Tor in the background.
How does it work? Once your computer is infected, there are some backdoors to it, and this is actually bad for Windows users. When you copy an address, the malware changes it and tricks you into transferring funds to the wrong address.
As of now, Microsoft tags it as Trojan:Win32/CryptoBandits.A. If you’re trading crypto, or even just doing stablecoin transactions on Windows, it might be the right time to take precautionary measures. Double-check every address, use a hardware wallet, and stop clicking random shortcuts. It could be an expensive lesson.
Discover: The Best Crypto to Diversify Your Portfolio
Bitcoin and Other Market Updates
Morgan Stanley updated their spot Ethereum and Solana ETF filings with a 0.14% fee, making their offer the cheapest on the table so far. At the same time, Franklin Templeton filed two new products that convert stock dividends and automatically turn them into Bitcoin up to 20% exposure, targeting a September launch.
On the prediction market, Polymarket’s rival, Kalshi, is now preparing to go public at a $22 billion valuation with over $2 billion in yearly revenue. The prediction markets platform raised $1B in a Series F round in May, bringing its valuation to $22B. The round was led by Coatue, with participation from Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley (MS), and ARK Invest.
For now, it’s true that Bitcoin is not helping STRC, and Iran peace looks like it’s falling apart. Microsoft warnings questions the safety of crypto, too. But the big money isn’t waiting around for perfect conditions. They’re still filing ETFs, raising capital, and building infrastructure. Bitcoin cycle survivors already know how this works.
Discover: The Best Token Presales
