Did Elon Musk Drain Funds from the Crypto Market? The Truth Behind SpaceX’s Record IPO
This week, "Deconstruction" focuses on SpaceX's historic IPO, new EU sanctions, a tax bill in Russia, strict checks in the prediction market, Anthropic's closed AI model, a critical Zcash wallet update, and Strategy's Bitcoin sale. EU Sanctions and Russia's Crypto Tax Bill The European Commission introduced its 21st sanctions package, which for the first time includes direct restrictions on cryptocurrency platforms and a mechanism to block services from third countries. Transferring funds abroad will become as difficult as through a bank: users will have to prove the legality of transactions or switch to non-custodial wallets. Meanwhile, Russia has passed the first reading of a bill on the taxation of crypto transactions. The document makes it feasible for businesses to use stablecoins, allowing companies to legally write off the costs of purchasing them as expenses. The main change is the mandatory collection of documents when paying taxes. If an asset is purchased from a private individual without receipts or statements, the tax authorities will consider the entire sale amount as income and levy tax on the entire withdrawn volume. Users will need to carefully keep all transaction histories and receipts. Two New AI Models from Anthropic Anthropic released its flagship Fable 5 for long and complex tasks. During testing, the model was able to transfer a codebase of 50 million lines in one day, a task that would take a development team two months. The second model, the closed flagship Mythos 5, is available only to trusted partners. Both models are priced the same. The main difference lies in their protective filters. Fable redirects sensitive requests, while Mythos bypasses these filters. This is why the closed model excels at detecting cybersecurity vulnerabilities and accelerates certain stages of drug development by about ten times. SpaceX IPO and Crypto Market Sell-Off Investor demand for SpaceX's initial public offering exceeded $250 billion. Elon Musk's wealth reached $982 billion, bringing him closer to becoming a trillionaire. Investors are selling digital assets to buy Musk's shares. The liquidity outflow has caused a money shortage in the crypto market and is one of the main reasons for Bitcoin's 37% drop from its January highs. An indirect risk comes from SpaceX's own reserves. The company holds over 18,000 BTC on its balance sheet. After the IPO, decisions about their fate will be made by the board of directors. If they decide to lock in profits and sell these assets to improve quarterly reports, it will create additional pressure on Bitcoin's price. Insiders in Prediction Markets Prediction markets have grown into a serious financial tool and are beginning to face criminal charges. A U.S. Army serviceman earned $410,000 by betting on the outcome of a secret operation he was involved in planning. In response, platforms are transferring classic stock market rules to the new environment. The Kalshi platform has significantly tightened its rules. Each new market is assigned a risk rating. If the score is high, the user must undergo employer verification. The platform checks access to confidential information and, if necessary, simply does not allow trading. Zcash Vulnerability and Ironwood Update An independent auditor in the Zcash network's shielded pool discovered a critical vulnerability that allowed the creation of an unlimited number of new coins. Hackers did not manage to exploit the bug, but the cryptocurrency lost more than 50% of its value following the news. Developers temporarily disabled the vulnerable part of the blockchain and fixed the error, after which the rate recovered by 41.5%. To address the security issue, developers have scheduled the July Ironwood update. The old vulnerable pool will be completely isolated. Users need to update their software during this period, or any new transfers to old wallets will be automatically rejected by the network. Bitcoin Decline and Strategy's Debt Risks Bitcoin has lost 28% over the month. Analysts cite different bottom levels—ranging from $60,000 to $35,000. Pressure on the market comes from capital flow into tech IPOs, U.S. Treasury crypto seizures, and actions by Strategy, which holds 845,000 BTC and has sold part of its reserves for the first time. The real issue for Strategy lies in its obligations to retail investors. The company has preferred shares with dividends of 11.5% per annum. About six months of payments are pledged on the balance sheet. In a declining market, the company faces a choice: either reduce dividends or sell Bitcoin. The structure relies solely on the constant growth of the asset's price. This is a shortened version of the podcast. Watch the full episode: Subscribe to the podcast: Apple Podcasts Spotify YouTube Deezer Yandex Music YouTube Music
Paramount Skydance (PSKY) Stock Surges Following DOJ Approval of Massive Warner Bros. Discovery Merger
Paramount (PSKY) stock jumps 2.77% after DOJ approves $110B Warner Bros. Discovery merger. California and European regulators still reviewing the deal. The post Paramount Skydance (PSKY) Stock Surges Following DOJ Approval of Massive Warner Bros. Discovery Merger appeared first on Blockonomi.
Crypto meets the World Cup as USMNT routs Paraguay 4-1 in tournament opener
The integration of blockchain in the World Cup could revolutionize fan engagement and crypto adoption, but sustainability post-event is uncertain. The post Crypto meets the World Cup as USMNT routs Paraguay 4-1 in tournament opener appeared first on Crypto Briefing.
FreeCast (CAST) Stock Doubles After DIRECTV Partnership Expansion – Is It a Buy?
FreeCast (CAST) stock doubled on expanded DIRECTV deal covering residential and PaaS channels, but faces ongoing losses and going-concern warning. The post FreeCast (CAST) Stock Doubles After DIRECTV Partnership Expansion – Is It a Buy? appeared first on Blockonomi.
Heat advisories hit US coasts as FIFA World Cup kicks off, but crypto’s real game is on the blockchain
The convergence of extreme weather and blockchain innovations at the World Cup highlights the growing need for adaptive strategies in global events. The post Heat advisories hit US coasts as FIFA World Cup kicks off, but crypto’s real game is on the blockchain appeared first on Crypto Briefing.
Ripple's Next Big Focus? Top Engineer Reveals What Can't Wait for XRP Anymore
RippleX head engineer hints that preparations are being made for an "architectural transition of XRP."
$800 Million of Ethereum Scooped by Whales
Ethereum is seeing rapid accumulation from large holders despite the weak market conditions, suggesting that a major price move may be ahead.
Standard Chartered Declares End of Crypto Winter
Bitcoin has already hit the bottom of the current cycle at $59,000, according to Standard Chartered analyst Geoffrey Kendrick, reports CoinDesk. Kendrick attributes the recent correction to a mix of macroeconomic uncertainty, reduced risk appetite, and capital outflows from cryptocurrency investment products. However, he believes most negative factors have already been priced in by the market. Crypto Winter May Be Over Kendrick noted that the drop to $59,000 was accompanied by investor capitulation and a sharp deterioration in market sentiment—signs historically observed near local lows. "Winter is over. Welcome back to crypto spring," he stated. He believes the market is laying the groundwork for a new growth phase, with current levels appearing attractive for long-term investors. Institutional Demand Remains Standard Chartered continues to view institutional capital inflows through spot ETFs and corporate treasury strategies as key drivers for Bitcoin. The analyst also pointed to ongoing Bitcoin purchases by public companies, including Strategy, which continue to build reserves despite high market volatility. Optimistic Outlook Maintained Despite the recent correction, the bank maintains a long-term positive outlook on Bitcoin. Previous forecasts by Standard Chartered suggested Bitcoin's price could reach $200,000 by 2026, driven by further institutional investment and the expansion of digital assets in the traditional financial system. Kendrick emphasized that while short-term volatility remains high, fundamental factors continue to support a long-term upward trend. BIT Analysts Predict Bitcoin Could Fall to $50,000 Analysts at the crypto platform BIT believe the market has not yet reached its final bottom and will remain under pressure in the coming weeks. https://t.co/4KKkLIgXCd— BIT Official (@BITofficial_EN) June 12, 2026 They assess that Bitcoin has entered the final phase of a bear cycle and continues to move within a classic Elliott corrective wave model A-B-C. The first wave of decline in February brought the price to the $60,000–69,000 range, followed by a rebound to $83,000. The market is now in the process of forming wave C, which could end around $50,000–55,000. Analysts note that sentiment indicators remain at levels typical for the final stages of bear markets. The Fear and Greed Index has approached values seen near the 2022 bottom, and several technical metrics indicate the asset is deeply oversold. An important benchmark highlighted by experts is Bitcoin's Realized Price, currently around $54,600. Historically, prices have rarely stayed below this level for extended periods. Next Cycle Could Be Triggered by Inflation Slowdown Analysts cite the macroeconomic situation as a key factor for market recovery. They believe, as in 2022, the start of a new bull cycle will depend on a reversal of the inflation trend and easing financial conditions. BIT suggests that the final bottom formation could take another one to three months. Confirmation of the end of the crypto winter would be Bitcoin's price returning above the 21-week moving average and an improvement in long-term cyclical indicators. Previously, Galaxy Research suggested the current market cycle's minimum could be in the $40,000-46,000 range.
State Attorneys General Launch Multi-State Investigation Into OpenAI Ahead of Planned IPO
OpenAI faces a multi-state investigation via subpoena over AI safety, data practices, and consumer protection just weeks after filing confidential IPO docs. The post State Attorneys General Launch Multi-State Investigation Into OpenAI Ahead of Planned IPO appeared first on Blockonomi.
Ripple targets AI agents with XRP as USDC dominates payments
Ripple has introduced tools that let AI agents use XRP and RLUSD for payments at a time when USDC continues to dominate activity on the fast-growing x402 machine-payment network. According to Ripple, the company this week released the XRPL AI…
Quansah credits World Cup call-up to leaving Liverpool
Quansah's career shift highlights the importance of strategic moves for athletes seeking international recognition and career advancement. The post Quansah credits World Cup call-up to leaving Liverpool appeared first on Crypto Briefing.
W0nderful shines on Mirage for Natus Vincere at IEM
W0nderful's consistent excellence on Mirage elevates NaVi's global standing, highlighting the impact of individual prowess in team success. The post W0nderful shines on Mirage for Natus Vincere at IEM appeared first on Crypto Briefing.
FIFA orders Egypt to remove 7 stars from World Cup jersey
FIFA's strict jersey regulations highlight the disparity in global football recognition, favoring World Cup victories over continental achievements. The post FIFA orders Egypt to remove 7 stars from World Cup jersey appeared first on Crypto Briefing.
XANTARES warms up on IEM Cologne Major stage as Aurora Gaming enters CS2 spotlight
Aurora Gaming's entry into the CS2 spotlight at IEM Cologne Major highlights the growing importance of tactical depth and player preparation in esports. The post XANTARES warms up on IEM Cologne Major stage as Aurora Gaming enters CS2 spotlight appeared first on Crypto Briefing.
SpaceX shares soar 19% after record $75 billion initial public offering
SpaceX's IPO success may redefine public offering strategies, encouraging more retail investor involvement and potentially reshaping market dynamics. The post SpaceX shares soar 19% after record $75 billion initial public offering appeared first on Crypto Briefing.
Iran’s ambassador to Mexico backs national team’s US World Cup participation as a gesture of peace
Iran's participation in the US-hosted World Cup could foster diplomatic dialogue, highlighting sports as a bridge for peace amid tensions. The post Iran’s ambassador to Mexico backs national team’s US World Cup participation as a gesture of peace appeared first on Crypto Briefing.
FUT Esports survives IEM Cologne Major with KrabeniCS clutch
FUT Esports' resilience highlights their potential growth in the competitive scene, emphasizing the evolving dynamics of esports sponsorships. The post FUT Esports survives IEM Cologne Major with KrabeniCS clutch appeared first on Crypto Briefing.
Barcelona not pursuing Bradley Barcola, says Reshad Rahman
Barcelona's focus on financial prudence over speculative transfers highlights their strategic shift amid ongoing fiscal challenges. The post Barcelona not pursuing Bradley Barcola, says Reshad Rahman appeared first on Crypto Briefing.
NAVI defeats The MongolZ to improve to 2-1 at IEM Cologne 2026
NAVI's win highlights their strategic depth and resilience, crucial for advancing in high-stakes tournaments, while showcasing CS2's global reach. The post NAVI defeats The MongolZ to improve to 2-1 at IEM Cologne 2026 appeared first on Crypto Briefing.
FUT Esports eliminates B8 from IEM Cologne Major 2026 in nail-biter on Ancient
FUT Esports' victory highlights the intense competition and unpredictability in major esports tournaments, impacting team strategies and morale. The post FUT Esports eliminates B8 from IEM Cologne Major 2026 in nail-biter on Ancient appeared first on Crypto Briefing.
Morpho's $175M raise shows where crypto VC money is flowing
Morpho’s recent $175 million raise reflects growing investor bets on onchain credit infrastructure as stablecoin adoption expands.
Ethereum ETFs remain in red as daily net outflows hit $4.95M
U.S. spot Ethereum ETFs ended June 12 with $4.95 million in daily net outflows. Total trading value reached $483.85 million, while net assets stood at $9.16 billion. The funds accounted for 4.56% of Ethereum’s market capitalization after the latest update. …
We Asked 2 AIs: Is SpaceX’s IPO Bullish or Bearish for Bitcoin? (The Answer Was Dubious)
The SpaceX IPO is a "double-edged sword" for crypto, said one of the AIs.
World Cup 2026 opener between Netherlands and Japan could be a catalyst for crypto prediction markets
The World Cup 2026 could significantly boost crypto prediction markets, impacting regulatory landscapes and investor interest globally. The post World Cup 2026 opener between Netherlands and Japan could be a catalyst for crypto prediction markets appeared first on Crypto Briefing.
Lockheed Martin (LMT) Secures $2.8B Pentagon Contracts for F-35 Support and CH-53K Program
Lockheed Martin (LMT) awarded $2.8B in DoD contracts for F-35 sustainment and CH-53K helicopter work. Stock trading at $539.94 with analyst PT of $620.68. The post Lockheed Martin (LMT) Secures $2.8B Pentagon Contracts for F-35 Support and CH-53K Program appeared first on Blockonomi.
SpaceX IPO Debut and U.S.-Iran Peace Progress Boost Friday Markets
SpaceX stock soared 19% to $160 in its debut as U.S.-Iran peace negotiations advanced, lifting equity markets and pressuring oil prices downward. The post SpaceX IPO Debut and U.S.-Iran Peace Progress Boost Friday Markets appeared first on Blockonomi.
Standard Chartered’s Kendrick Calls $59K the Bitcoin Cycle Bottom; Holds $100K BTC and $4K ETH Year-End Targets
TLDR: Standard Chartered’s Kendrick confirms Bitcoin’s $59K level as the definitive cycle low for 2025. Spot Bitcoin ETF redemptions exceeded $5.72B since May, driven partly by SpaceX IPO liquidity needs. Kendrick maintains $100K Bitcoin and $4K Ethereum price targets through year-end despite the selloff. A potential U.S.-Iran peace deal and falling oil prices could ease [...] The post Standard Chartered’s Kendrick Calls $59K the Bitcoin Cycle Bottom; Holds $100K BTC and $4K ETH Year-End Targets appeared first on Blockonomi.
Michael Saylor says SpaceX IPO pushes Bitcoin into 25% of Mag 8
Michael Saylor said SpaceX’s IPO marks a milestone for corporate Bitcoin adoption, arguing that 25% of the so-called Mag 8 now hold BTC on their balance sheets. In a June 13 X post, the Strategy chairman congratulated Elon Musk and…
Marvell (MRVL) Stock Soars on Adobe CFO Hire and Nvidia Endorsement Ahead of S&P 500 Addition
Marvell (MRVL) stock receives 44% price target increase to $345 from B. Riley after CFO hire from Adobe, Nvidia CEO endorsement, and S&P 500 inclusion. The post Marvell (MRVL) Stock Soars on Adobe CFO Hire and Nvidia Endorsement Ahead of S&P 500 Addition appeared first on Blockonomi.
ARK Invest Acquires $444M SpaceX Stake on IPO Day, Exits AMD and Rocket Lab Positions
ARK Invest acquired $444M in SpaceX stock on IPO day, selling AMD and Rocket Lab stakes. Details on the two-day $667M portfolio restructuring. The post ARK Invest Acquires $444M SpaceX Stake on IPO Day, Exits AMD and Rocket Lab Positions appeared first on Blockonomi.
Pakistan PM expects US-Iran peace deal signing within 24 hours
A potential US-Iran peace deal could stabilize geopolitical tensions, impacting global markets and fostering diplomatic relations in the region. The post Pakistan PM expects US-Iran peace deal signing within 24 hours appeared first on Crypto Briefing.
Jordi Visser: SpaceX’s valuation hinges on Musk’s unmatched data center construction, the complexities of terrestrial versus space facilities, and the critical role of energy storage innovation | The Pomp Podcast
SpaceX's innovative data center strategies could redefine digital asset infrastructure and boost its market valuation. The post Jordi Visser: SpaceX’s valuation hinges on Musk’s unmatched data center construction, the complexities of terrestrial versus space facilities, and the critical role of energy storage innovation | The Pomp Podcast appeared first on Crypto Briefing.
Anthropic Disables Fable 5 and Mythos 5 Worldwide After US National Security Order
Anthropic said it abruptly disabled its two most capable artificial intelligence (AI) models, Fable 5 and Mythos 5, for all customers worldwide after the U.S. government ordered it to cut off access for any foreign national, citing national security. An Order Of Potential Major Repercussions The directive arrived on June 12 at 5:21 p.m. Eastern […]
Roku (ROKU) Stock Soars 20% on Acquisition Speculation
Roku (ROKU) stock climbed 20% Friday on reports of potential sale talks. The streaming platform crossed 100M users and posted strong Q1 results. The post Roku (ROKU) Stock Soars 20% on Acquisition Speculation appeared first on Blockonomi.
LG Electronics Launches Onchain Advertising Pilot on Arbitrum to Fix Digital Ad Fraud
TLDR: LG Electronics is piloting an onchain ad network on Arbitrum to record verifiable delivery data. The pilot ran in Japan with Hakuhodo, testing real-user engagement and operational performance live. WARC projects global ad spend at $1.3 trillion in 2026, raising pressure for provable performance. LG targets fraud, tightening privacy rules, and falling engagement as [...] The post LG Electronics Launches Onchain Advertising Pilot on Arbitrum to Fix Digital Ad Fraud appeared first on Blockonomi.
Robinhood (HOOD) Stock Gains as SpaceX Trading Debut Overwhelms Platform
Robinhood (HOOD) stock gained 1.04% Friday as SpaceX's IPO created record traffic, causing brief platform outages before recovering by midday. The post Robinhood (HOOD) Stock Gains as SpaceX Trading Debut Overwhelms Platform appeared first on Blockonomi.
Oil Prices Plunge to Four-Month Lows Amid U.S.-Iran Diplomatic Breakthrough
Oil prices hit four-month lows as U.S.-Iran peace negotiations advance. Brent crude fell 6.2% this week on hopes the Strait of Hormuz could reopen soon. The post Oil Prices Plunge to Four-Month Lows Amid U.S.-Iran Diplomatic Breakthrough appeared first on Blockonomi.
Celtic’s Alistair Johnston becomes first SPFL player in 2026 World Cup
Johnston's World Cup participation elevates SPFL's global visibility, potentially attracting more international talent and investment. The post Celtic’s Alistair Johnston becomes first SPFL player in 2026 World Cup appeared first on Crypto Briefing.
Iran and US agree on peace deal framework as crypto markets react to geopolitical shift
The peace framework could stabilize global markets, easing energy prices and boosting investor confidence, particularly in risk assets like crypto. The post Iran and US agree on peace deal framework as crypto markets react to geopolitical shift appeared first on Crypto Briefing.
Investors lose over $200M on American Bitcoin shares while Eric Trump’s stake holds at $70M
The disparity in losses highlights the risks retail investors face in celebrity-backed ventures, emphasizing the need for cautious investment strategies. The post Investors lose over $200M on American Bitcoin shares while Eric Trump’s stake holds at $70M appeared first on Crypto Briefing.
Bitcoin ETFs Return to Positive Territory as BlackRock Leads Fresh Inflows
U.S. spot Bitcoin ETFs recorded nearly $86 million in net inflows on June 12, with all 12 funds finishing the day without a single outflow and BlackRock accounting for the largest share of new capital.
Olivier Giroud backs Christian Pulisic as USA’s World Cup key, while crypto deepens its grip on the tournament
The intertwining of crypto and football at the World Cup could redefine sports sponsorships, influencing fan engagement and investment landscapes. The post Olivier Giroud backs Christian Pulisic as USA’s World Cup key, while crypto deepens its grip on the tournament appeared first on Crypto Briefing.
Iran schedules funeral for late Supreme Leader Khamenei on July 4
Khamenei's assassination and funeral highlight Iran's political instability, raising questions about leadership succession and regional tensions. The post Iran schedules funeral for late Supreme Leader Khamenei on July 4 appeared first on Crypto Briefing.
China issues guidelines on financial services data amid cybersecurity push
China's new data guidelines intensify compliance demands on financial firms, complicating cross-border operations and impacting global strategies. The post China issues guidelines on financial services data amid cybersecurity push appeared first on Crypto Briefing.
Zcash audit finds no new critical flaws after Anthropic review
Zcash has undergone a follow-up security audit using Anthropic’s Mythos system, which, according to founder Zooko Wilcox, found no additional serious vulnerabilities in the protocol after the recent Orchard flaw disclosure. According to Wilcox, Anthropic carried out the audit at…
Dogecoin OI Jumps 6% as Recovery Signal Returns
Over 13 billion DOGE have been committed to active futures contracts as traders begin to show optimism for a potential price recovery for Dogecoin.
Bitcoin (BTC) Cycle Bottom Called at $59K by Standard Chartered as Crypto Markets Thaw
Standard Chartered analyst calls Bitcoin (BTC) cycle bottom at $59K. SpaceX IPO and Iran peace talks support recovery toward $100K year-end target. The post Bitcoin (BTC) Cycle Bottom Called at $59K by Standard Chartered as Crypto Markets Thaw appeared first on Blockonomi.
US AI boom drives Asia’s trade surpluses, potential investment returns
The shift in supply chains and increased AI demand could lead to significant investment opportunities and economic shifts in Asia and the US. The post US AI boom drives Asia’s trade surpluses, potential investment returns appeared first on Crypto Briefing.
SpaceX completes largest IPO in history, lists on NASDAQ at $1.77 trillion valuation
SpaceX's historic IPO reshapes market dynamics, highlighting retail investor power and challenging crypto's role in equity access. The post SpaceX completes largest IPO in history, lists on NASDAQ at $1.77 trillion valuation appeared first on Crypto Briefing.
Ukrainian military strikes Russia’s oil infrastructure in Volgograd, halting production at major refinery
Ukraine's strike on Russia's oil infrastructure disrupts energy supply, potentially weakening Russia's economic stability and war funding. The post Ukrainian military strikes Russia’s oil infrastructure in Volgograd, halting production at major refinery appeared first on Crypto Briefing.
Michael Saylor: 25% of Mag8 companies hold Bitcoin on balance sheets
The inclusion of Bitcoin by major tech firms signals a growing trend of digital assets being considered as strategic financial instruments. The post Michael Saylor: 25% of Mag8 companies hold Bitcoin on balance sheets appeared first on Crypto Briefing.
Investment firms join Donald Trump’s $100B race for Venezuelan oil
The easing of sanctions and potential reforms could attract diverse investments, but significant risks and skepticism from major oil firms persist. The post Investment firms join Donald Trump’s $100B race for Venezuelan oil appeared first on Crypto Briefing.
FIFA unveils new format and rules for 2026 World Cup, and crypto is along for the ride
The 2026 World Cup's expanded format and crypto integration could significantly boost global engagement and reshape sports and digital economies. The post FIFA unveils new format and rules for 2026 World Cup, and crypto is along for the ride appeared first on Crypto Briefing.
Dogecoin (DOGE) Rallies 8% Following Elon Musk’s Historic Trillionaire Status via SpaceX IPO
Dogecoin (DOGE) jumped 7.6% to $0.091 as SpaceX's IPO made Elon Musk the world's first trillionaire, triggering a crypto market rally on June 12, 2026. The post Dogecoin (DOGE) Rallies 8% Following Elon Musk’s Historic Trillionaire Status via SpaceX IPO appeared first on Blockonomi.
Exodus Markets Brings 200+ Tokenized Stocks and ETFs to Solana Blockchain
Exodus and Ondo Finance debut Exodus Markets on Solana, offering tokenized stocks and ETFs as the real-world asset sector reaches $5.5B market cap. The post Exodus Markets Brings 200+ Tokenized Stocks and ETFs to Solana Blockchain appeared first on Blockonomi.
CFTC Takes Legal Action Against New Mexico in Escalating Kalshi Prediction Market Dispute
The CFTC files federal lawsuit against New Mexico to prevent state enforcement of gaming laws against Kalshi, claiming exclusive jurisdiction over prediction markets. The post CFTC Takes Legal Action Against New Mexico in Escalating Kalshi Prediction Market Dispute appeared first on Blockonomi.
Federal Appeals Court Denies Sam Bankman-Fried’s Challenge to 25-Year Prison Term
Federal appeals court unanimously rejected Sam Bankman-Fried's appeal of his 25-year sentence for FTX fraud, while his pardon chances look bleak. The post Federal Appeals Court Denies Sam Bankman-Fried’s Challenge to 25-Year Prison Term appeared first on Blockonomi.
Iran and US signal potential agreement within days, with crypto sanctions as key leverage
The potential agreement could reshape geopolitical dynamics, highlighting crypto's role in sanctions and its implications for global finance. The post Iran and US signal potential agreement within days, with crypto sanctions as key leverage appeared first on Crypto Briefing.
Funeral for Iran’s late Supreme Leader Ali Khamenei set for July 4 in Tehran
Khamenei's delayed funeral amid conflict and religious timing highlights Iran's political instability and potential shifts in leadership dynamics. The post Funeral for Iran’s late Supreme Leader Ali Khamenei set for July 4 in Tehran appeared first on Crypto Briefing.
Global Crackdown: $390M Crypto Money Laundering Operation Dismantled by International Police
Authorities from 11 nations shut down AudiA6, a cryptocurrency laundering network that processed $390M in illicit funds for ransomware gangs since 2021. The post Global Crackdown: $390M Crypto Money Laundering Operation Dismantled by International Police appeared first on Blockonomi.
Bitcoin Analyst Flags Inverse Head-And-Shoulders Setup With $69,000 Target
A TradingView analyst says Bitcoin’s daily chart may be forming a bullish reversal pattern, but confirmation is still needed.
VfL Wolfsburg targets Hertha BSC captain Fabian Reese as relegation battle intensifies
Wolfsburg's pursuit of Reese highlights the financial and strategic pressures clubs face in relegation battles, impacting player market dynamics. The post VfL Wolfsburg targets Hertha BSC captain Fabian Reese as relegation battle intensifies appeared first on Crypto Briefing.
Defillama: Q2 2026 Has Been Crypto’s Most-Hacked Quarter on Record With Nearly 70 Exploits
The last three months of 2026 have become the most-hacked quarter in crypto history, with roughly 70 separate exploits draining about $746 million. A Record Built on Many Small Hits The second quarter of 2026 is already the most-hacked quarter on record, tallying about 70 hacks, which is roughly twice the previous record for the […]
South Korea Police Detain Bithumb CEO Lee Jae-won as Bribery Probe Widens After Raid
South Korean police have named Bithumb CEO Lee Jae-won as a suspect in an ongoing bribery probe, upgrading his status from a witness. Allegations of Job Solicitation South Korean police have detained the CEO of cryptocurrency exchange Bithumb as a suspect in an ongoing bribery investigation involving allegations of preferential hiring for the son and […]
VanEck Debuts First U.S. BNB ETF (VBNB) — Here’s What Sets BNB Apart
VanEck launches VBNB, the first U.S. spot BNB ETF on Nasdaq. The fund emphasizes BNB's real users, revenue, and potential staking features. The post VanEck Debuts First U.S. BNB ETF (VBNB) — Here’s What Sets BNB Apart appeared first on Blockonomi.
Hyperliquid (HYPE) Surges 7% as Kalshi Futures Launch and SpaceX IPO Speculation Heat Up
Hyperliquid (HYPE) rallied 7% on June 12 as Kalshi introduced regulated futures and SpaceX IPO buzz drove open interest to $2.56 billion. The post Hyperliquid (HYPE) Surges 7% as Kalshi Futures Launch and SpaceX IPO Speculation Heat Up appeared first on Blockonomi.
Bitcoin ETFs Extend Major Red Streak, But There Is a Light at the End of the Tunnel
The situation with the spot Ethereum ETFs is quite similar.
AFC Bournemouth extends Ryan Christie’s contract until June 2029
Securing Christie until 2029 strengthens Bournemouth's midfield stability and deters potential suitors, impacting future transfer dynamics. The post AFC Bournemouth extends Ryan Christie’s contract until June 2029 appeared first on Crypto Briefing.
Solana (SOL) Surges 3% as Tokenized SpaceX Shares Hit the Blockchain
Solana (SOL) price climbs 3.38% to $67.73 as SPCX tokenized SpaceX shares debut on-chain. Bulls eye $68 resistance and potential breakout levels. The post Solana (SOL) Surges 3% as Tokenized SpaceX Shares Hit the Blockchain appeared first on Blockonomi.
Zimbabwe brings crypto firms under RBZ oversight in new AML rules
Zimbabwe has placed cryptocurrency firms under Reserve Bank of Zimbabwe oversight through new anti-money laundering rules. Statutory Instrument 99 of 2026 places crypto businesses under the RBZ unit that handles financial crime controls. The rules require firms that buy, sell,…
Bittensor subnet registration cost rises 6.5x to 1,500 TAO amid AI demand
The rising registration costs and limited subnet slots may centralize AI network participation, favoring well-funded entities and impacting decentralization. The post Bittensor subnet registration cost rises 6.5x to 1,500 TAO amid AI demand appeared first on Crypto Briefing.
UAE government denies claims of releasing $20B in frozen assets to Iran
The UAE's denial highlights its commitment to maintaining a stable financial reputation, crucial for attracting global fintech and crypto ventures. The post UAE government denies claims of releasing $20B in frozen assets to Iran appeared first on Crypto Briefing.
Bitcoin to $43,000? Key BTC Indicator Reveals Most Important Support Right Now
Analysts point to a growing list of signals that have accompanied past market bottoms, with a key Bitcoin support level now being watched.
SeerDEX Review: One App for Crypto Binary Options, Prediction Markets and Perpetuals
You know the trade: pick an asset, pick a price level, pick a deadline. If BTC closes above $70,000 by Friday at noon, you take a fixed payout. If not, you lose your stake. Crypto binary options are familiar to anyone who has traded options on a CEX or TradFi derivatives desk. The problem is [...] The post SeerDEX Review: One App for Crypto Binary Options, Prediction Markets and Perpetuals appeared first on Blockonomi.
XRP (XRP) Bounces From $1.05 Low as Analysts Call Market Bottom and Target $1.30 Breakout
XRP trades at $1.14 after bouncing from $1.05. Bullish RSI divergence emerges as analysts target $1.30 resistance. Futures interest cools amid mixed ETF flows. The post XRP (XRP) Bounces From $1.05 Low as Analysts Call Market Bottom and Target $1.30 Breakout appeared first on Blockonomi.
The MongolZ defeat NAVI in IEM Cologne Major 2026 matchup
The MongolZ's victory highlights the growing prominence of Asian teams in esports, while shifting sponsorship trends impact revenue dynamics. The post The MongolZ defeat NAVI in IEM Cologne Major 2026 matchup appeared first on Crypto Briefing.
Bitcoin selloff tests Standard Chartered’s $100K forecast: is Geoffrey Kendrick’s call on track?
Standard Chartered has kept its $100,000 Bitcoin target and $4,000 Ethereum target after the selloff. Standard Chartered digital-assets research head Geoffrey Kendrick said the drop likely set the cycle bottom in his latest note. Bitcoin fell toward $59,000 before rebounding…
Major Crypto Exchanges Pull SpaceX IPO Tokenization After Share Allocation Collapse
Bybit, Binance, Bitget, and MEXC canceled SpaceX tokenized IPO campaigns after xStocks failed to secure shares. Over $1 billion in orders went unfulfilled. The post Major Crypto Exchanges Pull SpaceX IPO Tokenization After Share Allocation Collapse appeared first on Blockonomi.
Ethereum (ETH) Struggles Below $1,700: Key Technical Levels to Watch
Ethereum (ETH) faces critical $1,700 resistance amid bear flag formation, ETF outflows, and declining activity. Can bulls reclaim momentum? The post Ethereum (ETH) Struggles Below $1,700: Key Technical Levels to Watch appeared first on Blockonomi.
Anthropic Forced to Disable Advanced AI Models Following Federal Security Order
U.S. government forces Anthropic to disable Fable 5 and Mythos 5 AI models over security concerns. Company disputes order as pre-IPO shares fall 3.7%. The post Anthropic Forced to Disable Advanced AI Models Following Federal Security Order appeared first on Blockonomi.
Bitcoin LTH-STH Gap Signals Bear Market Far from Over, Analysts Warn
TLDR: LTH realized price sits near $49,500, STH realized price near $72,500 currently STH cost basis falling below LTH cost basis historically signals extended bear phases Crypto Lens views recent $66,000 rally as a bull trap within bearish cycle Scenarios point toward $48,000, $43,000, or $32,000 over coming months Bitcoin remains trapped near $63,780, as [...] The post Bitcoin LTH-STH Gap Signals Bear Market Far from Over, Analysts Warn appeared first on Blockonomi.
Bitcoin (BTC) Surges Past $64K as U.S.-Iran Peace Agreement Appears Imminent
Bitcoin (BTC) surges above $64,000 as U.S.-Iran peace deal momentum boosts market confidence. SEC approves T. Rowe Price Active Crypto ETF for trading. The post Bitcoin (BTC) Surges Past $64K as U.S.-Iran Peace Agreement Appears Imminent appeared first on Blockonomi.
Cathie Wood’s ARK adds $444M in SpaceX while cutting AMD stake
Cathie Wood’s ARK Invest purchased roughly $444 million worth of SpaceX shares on June 12 while reducing its exposure to Advanced Micro Devices, making one of its biggest portfolio shifts as Elon Musk’s rocket company began trading on public markets.…
SpaceX Tokenization Scramble Shows The Difference Between Tokens And Real Shares
The SpaceX pre-IPO scramble highlights a key tokenization risk: blockchain rails cannot solve a failed underlying share allocation.
Manchester United monitors Barcelona midfielder Marc Casadó as Monaco leads transfer race
The transfer race for Casad highlights the competitive dynamics in European football, impacting club strategies and player career paths. The post Manchester United monitors Barcelona midfielder Marc Casadó as Monaco leads transfer race appeared first on Crypto Briefing.
Techno4K secures round victory with decisive kill at IEM
Techno4K's victory at IEM highlights the growing prominence of Mongolian talent in the global esports arena, influencing future tournaments. The post Techno4K secures round victory with decisive kill at IEM appeared first on Crypto Briefing.
U.S. spot Bitcoin ETFs add $85.85M in daily inflows as net assets hit $79.65B
According to a recent SoSoValue update, U.S. spot Bitcoin ETFs recorded $85.85 million in daily total net inflow on June 12. Total value traded reached $1.81 billion, while total net assets stood at $79.65 billion. Those assets represented 6.26% of…
Chelsea set to pocket £50M-£60M as Manchester United chase Newcastle’s Lewis Hall
Chelsea's potential financial gain from Hall's transfer highlights the strategic value of sell-on clauses and their impact on club finances. The post Chelsea set to pocket £50M-£60M as Manchester United chase Newcastle’s Lewis Hall appeared first on Crypto Briefing.
SpaceX Stock vs. SPCX Perpetual Contract: What Every Trader Must Know Before Buying
TLDR: SpaceX opened its IPO on June 12 targeting a valuation above $1.7 trillion at the New York opening bell. The SPCX perpetual on Hyperliquid implied a $2.3T valuation, sitting well above the actual IPO target price. Real SpaceX equity grants ownership, voting rights, and dividends, while SPCX perps offer only price exposure. SpaceX holds [...] The post SpaceX Stock vs. SPCX Perpetual Contract: What Every Trader Must Know Before Buying appeared first on Blockonomi.
Haiti faces Scotland in World Cup 2026 Group C opener as crypto partnerships take center stage
The integration of crypto in the World Cup highlights its growing influence in sports, potentially reshaping fan engagement and investment dynamics. The post Haiti faces Scotland in World Cup 2026 Group C opener as crypto partnerships take center stage appeared first on Crypto Briefing.
Anjney Midha: AI development is consuming unprecedented resources, big companies dominate the landscape, and compute infrastructure is crucial for new labs | Odd Lots
Access to compute infrastructure is key for new AI labs to challenge industry giants in AGI development. The post Anjney Midha: AI development is consuming unprecedented resources, big companies dominate the landscape, and compute infrastructure is crucial for new labs | Odd Lots appeared first on Crypto Briefing.
Crypto’s World Cup moment grows as Kraken, Algorand, and Chiliz deepen FIFA ties
Crypto partnerships with FIFA could boost blockchain adoption and engagement, potentially driving increased investment and market activity. The post Crypto’s World Cup moment grows as Kraken, Algorand, and Chiliz deepen FIFA ties appeared first on Crypto Briefing.
Joachim Nagel warns prices may remain elevated despite potential end to Iran war
Elevated energy prices may persist, impacting inflation and economic activity, potentially prompting ECB rate hikes and affecting global markets. The post Joachim Nagel warns prices may remain elevated despite potential end to Iran war appeared first on Crypto Briefing.
Natus Vincere faces The MongolZ in pivotal IEM Cologne Major clash
The outcome of this match could significantly impact both teams' momentum and strategic positioning in the tournament's elimination rounds. The post Natus Vincere faces The MongolZ in pivotal IEM Cologne Major clash appeared first on Crypto Briefing.
Coinbase advisory board urges Bitcoin to begin quantum migration now
Bitcoin has entered a period where preparations for quantum-resistant security should begin immediately, according to a new report from Coinbase’s independent advisory board of cryptography experts. According to the report published by Coinbase’s advisory board, the Bitcoin community should start…
Bitcoin Heads for Worst June Since 2022 as Analysts Eye October Turning Point
TLDR: Bitcoin trades near $63.8K as June performance trends toward weakest since 2022 bear market phase Summer liquidity conditions from July to September continue limiting strong directional breakouts in BTC Traders are actively monitoring $61K–$66.8K range as short liquidations and rejections persist Macro cycle models still point toward potential reversal zones forming closer to the [...] The post Bitcoin Heads for Worst June Since 2022 as Analysts Eye October Turning Point appeared first on Blockonomi.
Startups and tech giants engage in AI price war as companies burn through budgets
The AI price war may lead to reduced costs for enterprises but could compress margins, challenging the sustainability of tech companies' business models. The post Startups and tech giants engage in AI price war as companies burn through budgets appeared first on Crypto Briefing.
West Brom signs defender Carter Pinnington from Liverpool
Pinnington's move to West Brom highlights the shifting dynamics in youth development, emphasizing opportunities for growth beyond traditional powerhouses. The post West Brom signs defender Carter Pinnington from Liverpool appeared first on Crypto Briefing.
How Stellar Is Quietly Becoming a Hub for Real-World Asset Tokenization
TLDR: Stellar now holds over $2B in tokenized RWAs as payment volume climbs 72% year-over-year to $5.5B. Circle’s CCTP brings native USDC to Stellar, enabling transfers across 23+ chains without bridge risk. Figure’s SEC-registered YLDS offers compliant yield on Stellar, targeting fintechs and LATAM markets. Bermuda is migrating wages, government fees, and payments onto Stellar [...] The post How Stellar Is Quietly Becoming a Hub for Real-World Asset Tokenization appeared first on Blockonomi.
Gen.G leads 2-0 against KT Rolster, one win from MSI qualification
Gen.G's potential MSI qualification could boost their global brand and highlight the growing synergy between esports and crypto markets. The post Gen.G leads 2-0 against KT Rolster, one win from MSI qualification appeared first on Crypto Briefing.