After dipping just below the $59,000 level, Bitcoin printed a modest bounce above $63,000 in an attempt to reclaim its 200-week moving average. Ethereum and altcoins continued to bleed and are mostly well in the red as of Friday morning. Tradfi markets looked similar, with all the major stock indices down on the week, while…
U.S. spot Ethereum ETFs ended June 12 with $4.95 million in daily net outflows. Summary U.S. spot Ethereum ETFs recorded $4.95M in daily net outflows on June 12. BlackRock’s ETHA led daily outflows with $4.53M and 2,720 ETH leaving the fund. Most Ethereum ETFs recorded zero daily flow changes, while all listed prices declined. Total…
A coalition of state attorneys general has reportedly opened an investigation into OpenAI. The company was served with a subpoena from New York’s attorney general on Friday, according to The Wall Street Journal. That subpoena sought documents related to a broad range of topics including the company’s advertising, user engagement and retention, model sycophancy, handling…
In Bitcoin banking news, Blockrise CEO Jos Lazet took the stage at BTC Prague on June 11, 2026, and delivered a pointed argument: all neobanks you’ve ever used, Revolut, N26, and Monzo, are just prettier versions of the same old banking system, and Bitcoin-native companies now have the architecture to build something structurally different. Lazet…
Wall Street just put a $1.77 trillion price tag on Elon Musk’s vision of the future. SpaceX raised $75 billion after pricing its historic IPO at $135 per share, making it the largest public offering ever and one of the biggest corporate fundraising events in modern history. The deal gives the company fresh capital as…
Key Takeaways Five AI models placed bitcoin’s 2026 base case between $58,000 and $75,000 amid ongoing capitulation signals. Claude Fable 5 and ChatGPT 5.5 flagged a 13-day, ~$4B ETF outflow streak as the top near-term risk factor. Grok and Deepseek projected more aggressive recoveries above $100,000, contingent on Fed policy and ETF inflow resumption. Earlier…
Besides the decline in speculative and leveraged appetite for BTC exposure, spot demand has also pulled back. Analysts at the market research firm Glassnode have highlighted on-chain data indicating a weakening of speculative appetite for bitcoin (BTC) in traditional finance (TradFi) markets. According to a tweet from the firm, most TradFi channels for Bitcoin…
Bitcoin may have just turned a corner. Standard Chartered’s Geoffrey Kendrick declared in a client note published Friday that the cryptocurrency has printed its definitive cycle low, with the floor now locked in at approximately $59,000 — and that the protracted downturn gripping digital asset markets since last autumn is firmly behind us. “Winter is…
OpenAI is facing a multistate investigation, according to the Wall Street Journal, which reported that the company received a subpoena on Friday seeking documents related to its business practices and impact on users. SEE ALSO: OpenAI may slash subscription prices to compete with Anthropic The Journal, which says it viewed the subpoena from New York’s…
Coinbase has launched 24/7 trading for U.S.-regulated gold and silver futures through Coinbase Derivatives Exchange. Summary Coinbase launched 24/7 trading for U.S.-regulated gold and silver futures. Eligible traders can access one-ounce gold and 50-ounce silver contracts. The launch supports Coinbase’s “Everything Exchange” strategy beyond digital assets. The new products let eligible U.S. traders access precious…
