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Bitcoin Hits Cycle Low at ,000 as Standard Chartered Declares Crypto Winter Over

Bitcoin Hits Cycle Low at $59,000 as Standard Chartered Declares Crypto Winter Over

Bitcoin rebounds above $63,000 after touching $59,000 lows amid SpaceX IPO and easing geopolitical tensions. Standard Chartered’s Geoffrey Kendrick calls the bottom, signaling potential recovery for crypto markets.

Bitcoin reached a cycle low of approximately $59,375 before recovering to trade near $63,500, a 53% drawdown from its October 2025 all-time high of $126,000. Standard Chartered analyst Geoffrey Kendrick declared the “crypto winter” over, citing the SpaceX IPO and potential U.S.-Iran de-escalation as key catalysts. SpaceX completed its record $75 billion IPO at $135 per share, debuting with stro…

Weekly Snapshot  – Crypto Market Correction

Bitcoin and Ethereum Face Severe Weekly Correction The crypto market endured one of its worst weeks in recent years, with Bitcoin declining approximately 17-20% and trading around $61,000-$63,000 as of early June 8, 2026. Ethereum followed suit with similar losses, pushing the total market capitalization lower by hundreds of billions. Key drivers include sustained outflows…

Digital Asset Secures 5 Million to Scale Canton Network as Institutional Onchain Infrastructure
Digital Asset raises $355 million in an oversubscribed round at approximately $2 billion valuation. Funding led by…
US Wholesale Inflation Surges to 6.5% in May
PPI advanced 6.5% over the 12 months ended in May, climbing from 5.7% in April to reach its highest level since Novemb…

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MyBalance
The official website for MY BALANCE is https://mybalance.website, where the project presents its global crypto payment vision. MY BALANCE was created with a simple yet ambitious premise: to allow anyone, regardless of their country of residence, to use USDT and other stablecoins to pay merchants anywhere in the world, while the seller automati…

Alpha

Shiny Coins #16 – AI Narratives and Real-Yield Protocols Cut Through th…

In this week’s Shiny Coins, we break down why Bittensor (TAO) is surging, how Hyperliquid (HYPE) continues to print real revenue amid the chaos, and which other narratives — from Zcash privacy to Render’s GPU network — are showing relative strength or fresh catalysts as the bro…

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Is SpaceX IPO Draining Bitcoin Liquidity.

Is SpaceX IPO Draining Bitcoin Liquidity?

On June 12, 2026, SpaceX shares opened trading at $150 following its $75 billion IPO and merger with xAI. Elon Musk moved closer to becoming the world’s first trillionaire on paper. In crypto trading groups and institutional desks, the immediate question was not about rocket trajectories or AI mod…

Upcoming ICOs/IDOs for June 2026

Curated list of the hottest launches.

Seasonality and Regulatory Breakthroughs

As June 2026 begins, the global financial landscape is characterized by a high degree of geopolitical uncertainty, driven primarily by escalating military conflicts in the Middle East. Reports of suspended communications between Tehran and Washington, coupled with threats of a full closure of the Strait of Hormuz…




ICO Name Date Launch Type Description Website
Aether Link June 2, 2026 IDO (Poolz) DePIN Cloud Computing & AI Scaling aetherlink.io
Kakarot zkEVM June 5, 2026 Token Launch EVM Zero-Knowledge Infrastructure kakarot.org
Mocaverse June 10, 2026 Public Sale Web3 Consumer Identity & Network mocaverse.xyz
MonadPad June 12, 2026 IDO (DAO Maker) Monad-native Launchpad & DEX Hub monadpad.io
Elys Network June 15, 2026 Public Sale Cosmos-Native Perpetual DEX Hub elys.network
Nubit June 18, 2026 TGE / Launch Bitcoin-native Data Availability Layer nubit.org
SatoshiSync June 22, 2026 IDO (Seedify) Cross-Chain BRC-20 Liquidity Routing satoshisync.com
Aethir June 26, 2026 Public Sale Decentralized GPU Cloud Network aethir.com
Plume Network June 29, 2026 IDO (ChainGPT) RWA Yield & Asset Tokenization L2 plumenetwork.xyz

People in Crypto

In the volatile world of cryptocurrencies, few voices carry as much weight from traditional finance as Tom Lee, Chairman of BitMine Immersion Technologies and co-founder of Fundstrat. His recent statements underscore a powerful narrative: Ethereum is not just surviving the current market condition…

Crypto Mining Guild Unites Global Data Operators to Unpack the Great Mining and High-Performance Compute Pivot

Crypto Mining Guild Unites Global Data Operators to Unpack the Great Mining and High-Performance Compute Pivot

As traditional digital asset mining collides with the global demand for machine learning infrastructure, Crypto Mining Guild is set to play co-host t…
Web3 AI Conference - 2026

Web3 AI Conference: A New Business Event Format — May 23, Nizhny Novgorod

On May 23, the historic DKRT mansion in Nizhny Novgorod will host the Web3 AI Conference, an event designed to redefine the business forum experience.
Incrypted Conference 2026: Ukraine's Premier Crypto Event Returns to Kyiv this June

Incrypted Conference 2026: Ukraine’s Premier Crypto Event Returns to Kyiv this June

Kyiv is set to host the fourth Incrypted Conference 2026, the largest crypto event in Ukraine and Eastern Europe.
Global Games Show Riyadh Unveils Star-Studded Speaker Lineup of Gaming Legends and Industry Leaders

Global Games Show Riyadh Unveils Star-Studded Speaker Lineup of Gaming Legends and Industry Leaders

These leaders will discuss the future of e-sports and gaming on topics such as game development in Web3.

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