Author: JUAN MENDE
Tech & Crypto Enthusiast | IP Lawyer turned Marketer. > Currently driving growth and content strategy as an editor at Cryptopress and other crypto projects. I specialize in bridging the gap between complex digital projects and clear, engaging content.
Bitcoin (BTC) rose over 2% to surpass $65,000, hitting an intraday high of $65,641 following de-escalation signals.
President Trump declared the US-Iran deal “now complete” on Truth Social, authorizing immediate toll-free reopening of the Strait of Hormuz and lifting the US naval blockade.
Oil prices fell sharply, with WTI crude down ~3.2% near $84.88/barrel and Brent ~3.4% lower, easing supply disruption fears.
Formal signing ceremony...
Bitcoin Hits Cycle Low at $59,000 as Standard Chartered Declares Crypto Winter Over
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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 strong gains and indirect Bitcoin...
Is SpaceX IPO Draining Bitcoin Liquidity?
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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 model benchmarks. It was about capital: where would the money come from, and where would it go next?
Early trading showed classic signs of capital...
Digital Asset Secures $355 Million to Scale Canton Network as Institutional Onchain Infrastructure
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Digital Asset raises $355 million in an oversubscribed round at approximately $2 billion valuation.
Funding led by a16z crypto with broad participation from traditional finance and crypto institutions.
Canton Network positioned as privacy-preserving Layer-1 for tokenization, settlement, and other regulated workflows.
Digital Asset, the company behind the Canton Network, has closed a $355 million funding round to expand its...
Crypto adoption, Cryptocurrencies, Front page, News, Real World Assets (RWA)
US Wholesale Inflation Surges to 6.5% in May
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PPI advanced 6.5% over the 12 months ended in May, climbing from 5.7% in April to reach its highest level since November 2022.
Energy prices served as the primary catalyst behind the surge, jumping 10.7% on a monthly basis, with gasoline prices alone spiking 23.4%.
Core PPI, which excludes food and energy, increased 4.9% on an annual basis, coming in below the projected 5.4% but reinforcing a persistent underlying inflation...






