Headlines

SpaceX goes on-chain as SPCX launches on Solana

Backpack Securities and Sunrise have introduced SPCX, a token tied to underlying SpaceX shares and issued on Solana. Summary SPCX gives eligible users blockchain-based exposure to underlying SpaceX shares. Investors can convert SPCX tokens into actual shares through regulated brokers. Solana enables 24/7 trading, transfers, and self-custody of SPCX tokens. The launch creates a blockchain-based…

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Crypto News Today (June 11): BTC Shoots Back Above $62K, Kalshi Adds XRP Futures and Tom Lee Takes 3 Day ETH Buying Spree to $206M

In today’s crypto news (June 10), Bitcoin surged +2% overnight, beginning this morning’s European session at $62,600. This bullish move for BTC caught many traders off guard, with $70M of the $120M in Bitcoin liquidations over the past 24 hours being from short positions. Of the other major caps, XMR and RAIN are two of…

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Bithumb CEO Booked in South Korea Bribery Probe Over Lawmaker’s Son Hiring

Investigators believe the lawmaker’s criticism of rival exchange Dunamu may have been tied to his son’s employment at Bithumb. South Korean police are investigating Bithumb CEO Lee Jae-won over bribery allegations linked to hiring people connected to independent lawmaker Kim Byung-ki. According to Yonhap News, the Seoul Metropolitan Police Agency’s Public Crime Investigation Unit…

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XRP’s Weak Recovery Points to More Downside Ahead

XRP has entered a crucial support region after suffering an aggressive selloff over the past two weeks. While buyers have managed to prevent a deeper breakdown for now, the asset remains trapped within a broader downtrend, leaving the current rebound vulnerable unless key resistance levels are reclaimed. Ripple Price Analysis: The Daily Chart The daily…

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