Vol. XIV · No. 497 The American Original · Est. October 2013 Saturday, June 6, 2026

The Bitcoin Group

A weekly newspaper of record for the longest-running show in cryptocurrency.
Front Page Mirrors · Timeline · Guest Desk · Predictions Price: One satoshi
Episode Notes · No. 497

Price Terrible. Saylor Sells.

Saylor Sells; New Stocks; ATM sued

TBG #497
The Bitcoin Group No. 497, as aired on YouTube via the MadBitcoins channel. Source: yPnKynbGHy0

The Bitcoin Group No. 497 aired with Victoria Jones, Adam and Robert Allen at the desk and the host Thomas Hunt reading from the week’s file. The Desk counted 8 discrete topics in the running order, anchored to the operator’s upload.

The opening tease—The price is terrible this week but it has all happened before—set the brief.

What follows is a deep-pass debrief: a keyframe per topic, verbatim quotes pulled from the transcript window, attributed by name where the vocative cues in the audio permit it, and a short editorial synthesis in the register the show itself uses. The reference list at the foot of the page is the operator’s own; it has not been refetched or rewritten.

Bitcoin cracks $60,000, sinking to lowest level since October 2024

Keyframe — Bitcoin cracks $60,000, sinking to lowest level since October 2024
Keyframe at 13:09 · Bitcoin cracks $60,000, sinking to lowest level since October 2024

The Desk anchored this segment to a single wire headline—Bitcoin cracks $60,000, sinking to lowest level since October 2024—and turned the floor over to the panel. The discussion ran roughly 22 minutes.

The verbatim transcript window is anchored by Robert Allen’s line, quoted below. The Desk has left the language alone.

You really have to have a revolutionary spirit quite frankly to be a Bitcoiner. And a lot of people don’t have that. They don’t have the guts. So I would say bring on the pain. And the other thing I’ll say about this is, I do think that on the technical side, I see Core as basically a rogue group at this point.Robert Allen · 18:06

Source: CNBC

Michael Saylor's Strategy sold 32 bitcoin for $2.5 million to fund dividend...

Keyframe — Michael Saylor's Strategy sold 32 bitcoin for $2.5 million to fund dividend...
Keyframe at 26:08 · Michael Saylor's Strategy sold 32 bitcoin for $2.5 million to fund dividend...

The Desk anchored this segment to a single wire headline—Michael Saylor's Strategy sold 32 bitcoin for $2.5 million to fund dividend payments—and turned the floor over to the panel. The discussion ran roughly 4 minutes.

The panel passed through the item without quotable opinion; the keyframe above anchors the window in the running order for anyone who wants to pull the audio.

Source: Coindesk

Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million

Keyframe — Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million
Keyframe at 33:17 · Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million

The Desk anchored this segment to a single wire headline—Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million—and turned the floor over to the panel. The discussion ran roughly 10 minutes.

The host carried the segment; the panel followed without correction. The relevant transcript line is quoted below.

I think I expect us to hit 58K at some point, maybe even down to 55 before we’ve hit the real bottom.Thomas Hunt · 36:19

Source: Bitcoin Magazine

Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOs

Keyframe — Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOs
Keyframe at 43:05 · Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOs

The Desk anchored this segment to a single wire headline—Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOs—and turned the floor over to the panel. The discussion ran roughly 9 minutes.

The host carried the segment; the panel followed without correction. The relevant transcript line is quoted below.

In this environment. So I think it’s really unknown. AI is far too new to be making those sorts of assumptions. There are plenty of things that could go wrong. At the moment Bitcoin has more of a track record than AI does. So I’d be bending on Bitcoin for the time being, not AI. I can definitely see this blowing up in everyone’s face at some point. But hey.Thomas Hunt · 45:16

Source: Reuters

Standard Chartered's crypto bull sticks to $100,000 bitcoin call despite...

Keyframe — Standard Chartered's crypto bull sticks to $100,000 bitcoin call despite...
Keyframe at 48:04 · Standard Chartered's crypto bull sticks to $100,000 bitcoin call despite...

The Desk anchored this segment to a single wire headline—Standard Chartered's crypto bull sticks to $100,000 bitcoin call despite 'painful' week—and turned the floor over to the panel.

The panel passed through the item without quotable opinion; the keyframe above anchors the window in the running order for anyone who wants to pull the audio.

Source: Reuters

Retired Couple Loses $76,000 Life Savings to Bitcoin ATM Scam, Sues Bitcoin...

Keyframe — Retired Couple Loses $76,000 Life Savings to Bitcoin ATM Scam, Sues Bitcoin...
Keyframe at 51:36 · Retired Couple Loses $76,000 Life Savings to Bitcoin ATM Scam, Sues Bitcoin...

The Desk anchored this segment to a single wire headline—Retired Couple Loses $76,000 Life Savings to Bitcoin ATM Scam, Sues Bitcoin Depot in Federal Court—and turned the floor over to the panel. The discussion ran roughly 7 minutes.

The verbatim transcript window is anchored by Robert Allen’s line, quoted below. The Desk has left the language alone.

That’s game to my parents. But in terms of suing the ATM company, I mean, that’s a bit of a stretch.Robert Allen · 49:51

Source: Bitcoin Magazine

Bitcoin Billionaire Books First SpaceX Mars Mission

Keyframe — Bitcoin Billionaire Books First SpaceX Mars Mission
Keyframe at 56:53 · Bitcoin Billionaire Books First SpaceX Mars Mission

The Desk anchored this segment to a single wire headline—Bitcoin Billionaire Books First SpaceX Mars Mission—and turned the floor over to the panel. The discussion ran roughly 3 minutes.

The panel passed through the item without quotable opinion; the keyframe above anchors the window in the running order for anyone who wants to pull the audio.

Source: Decrypt

Bitcoin ATMs: The Canary in the Coal Mine

Keyframe — Bitcoin ATMs: The Canary in the Coal Mine
Keyframe at 1:00:14 · Bitcoin ATMs: The Canary in the Coal Mine

The Desk anchored this segment to a single wire headline—Bitcoin ATMs: The Canary in the Coal Mine—and turned the floor over to the panel. The discussion ran roughly 3 minutes.

The verbatim transcript window is anchored by Robert Allen’s line, quoted below. The Desk has left the language alone.

Seems to have Bitcoin’s mission and best interests at heart and hasn’t been compromised. I think he’s pretty well connected and wealthy guy, but I think he’s one of the few that has had been corrupted for whatever reason, as far as I can tell. So yeah, check him out, Matthew Gratter, interesting stuff.Robert Allen · 1:00:25

Source: Bitcoin Magazine

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