Geoff Kendrick, head of digital asset research at Standard Chartered, believes that following the recent sharp pullback in Bitcoin, the market may have largely passed its bottom. According to Kendrick’s assessment, Bitcoin’s decline to around $59,000 marks the weakest point in the cryptocurrency market in recent times. Recalling that the leading cryptocurrency has lost over […]
Official Trump (TRUMP), the meme coin linked to Donald Trump, surged more than 25% over the past 24 hours on June 12, just a couple of days ahead of the president’s birthday. Trading at $2.11 at press time, the cryptocurrency has significantly outperformed the broader market, which is up only 0.92% over the same time […]
Phong Le, President and CEO of Strategy, the largest institutional investor in the cryptocurrency world, put an end to speculation that the company might be forced to sell Bitcoin. Le stated that the company holds 845,000 Bitcoins, representing approximately 4% of the total supply, and argued that claims of “forced sales” in the market do […]
Bitcoin (BTC) price has likely not reached its cycle bottom, according to a June 12, 2026, report from Galaxy Digital Inc. (NASDAQ: GLXY). According to Galaxy, Bitcoin price is now falling in line with its previous bear market cycles. The firm’s data indicate the decline has further to run before it reaches a true bottom, […]
Summary Standard Chartered analyst Geoffrey Kendrick says bitcoin has likely set its cycle low at about $59,000, marking the end of the latest crypto downturn. Kendrick argues that heavy selling of spot bitcoin ETFs, partly to free cash for SpaceX’s blockbuster IPO, is likely to ease now that the listing has begun. He says a […]
Space Exploration Technologies Corp. (NASDAQ: SPCX), also known as SpaceX, closed its $75 billion initial public offering (IPO) on June 12 with Bitcoin (BTC) on its balance sheet. Elon Musk, CEO and founder of SpaceX, steered the company into the largest IPO with 18,712 BTC, worth approximately $1.19 billion at press time, according to the […]
Tokyo-listed Metaplanet plans to acquire Siiibo Securities, a regulated online securities platform focused on corporate bond issuance and investment, for ¥2.1 billion, or approximately $13 million, and then rename the business Metaplanet Securities, according to a Friday statement. The transaction is expected to close in August 2026 and forms part of the company’s Project NOVA […]
Through most of the 2020s, Gold has been one of the best major assets to own thanks to the remarkable rally in the commodity markets, but by mid-2026, the precious metal might have finally found its upper price limits. Specifically, following a particularly strong start to the year that saw a rapid advance from $4,332 […]
A small Bitcoin website launched 16 years ago has returned to the spotlight after crypto accounts marked one of the earliest giveaways in the network’s history. The site, known as the Bitcoin faucet, gave free $BTC to users at a time when the asset had little market value and needed more people to test it. […]
BlackRock Inc. (NYSE: BLK) purchased $38.89 million in Bitcoin (BTC) and Ethereum (ETH) on June 11, 2026. BlackRock’s iShares Bitcoin Trust (IBIT) closed Thursday with a net cash inflow of $30.26 million, according to data from SoSoValue, analyzed by Finbold on June 12. As of press time, IBIT had about $48.59 billion in total assets. […]