The shares began trading at well above the expected $135 price. SpaceX’s IPO on Thursday broke Saudi Aramco’s record by becoming the largest in history as the company raised $75 billion. Shares were expected to start trading today at $135, but they actually opened at $150 under the SPCX ticker. More volatility ensued in…
Coinbase has unveiled the next stage of its expansion strategy, with plans to combine trading, lending, payments, derivatives, and AI-powered services into a single financial platform. Summary Coinbase will unveil the next phase of its “Everything Exchange” strategy on June 16. New products span AI trading agents, prediction markets, stocks, lending, and DeFi services. Bernstein…
Researchers argue that Bitcoin is progressing through the final leg of an A-B-C corrective structure that started in late 2025. Bitcoin’s bear market is entering its final phase and could bottom out around the 2026 FIFA World Cup, which runs from June 11 to July 19, according to a June 12 report from BIT…
Canaan has achieved a record fleet efficiency of 17.9 J/TH in North America even as roughly 36% of its installed mining capacity remained inactive at the end of May. Summary Canaan’s North American mining fleet reached a record efficiency of 17.9 J/TH in May, improving 11% year-over-year. Despite the efficiency gains, only 6.47 EH/s of…
“DOGE is on a good level for accumulation,” one popular X user claimed. DOGE has fared poorly over the past months, mirroring the bearish conditions of the broader crypto market and the waning interest in the meme coin sector. Nonetheless, numerous analysts remain bullish that a major pump could be on the way. The…
A Seychelles court judgment tied to delisted CHP tokens has placed KuCoin under renewed legal scrutiny. Summary A Seychelles court ordered KuCoin to compensate a Swiss investor over 21 million delisted CHP tokens. The investor claims KuCoin has not paid the judgment or participated in related court proceedings. The ruling rejected KuCoin’s claim that unwithdrawn…
In crypto news today (June 12), Bitcoin is consolidating between $62,200 and $63,200, up just +0.5% overnight. This move in BTC has traders hoping that a strong support level is forming at $62,000 and could help Bitcoin hold above $60,000. Liquidations have slowed considerably, with just $270M over the past day, down from over $450M…
Garlinghouse accused Jamie Dimon of doing a disservice by falsely suggesting the CLARITY Act would weaken compliance standards. Ripple CEO Brad Garlinghouse has criticized JPMorgan Chase CEO Jamie Dimon over his recent remarks attacking the CLARITY ACT. He reminded that Dimon has consistently dismissed the crypto industry for years while misrepresenting the purpose of…
Blockworks has acquired Messari after securing a $192 million valuation earlier this year, deepening its push into crypto data infrastructure as competition intensifies to build the industry’s information layer. Summary Blockworks has acquired Messari following its recent $192 million valuation. The deal combines crypto asset disclosures, market data, research, and API services under one platform….
In Bitcoin news today, BTC climbed from $61,100 to above $63,200 on June 11, 2026, a +3% gain triggered in a single session after President Trump announced he had canceled planned strikes on Iran and indicated a peace deal could be signed as early as the weekend. Here is the central tension this article unpacks:…
