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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

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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...

Bitcoin, Cryptocurrencies, ETF, Front page, News, TradFi

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Digital Asset Secures 5 Million to Scale Canton Network as Institutional Onchain Infrastructure

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)

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US Wholesale Inflation Surges to 6.5% in May

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...

Bitcoin, Cryptocurrencies, Front page, News

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EU Proposes Expanded Crypto Sanctions on Russia in 21st Package, Targeting Third-Country Platforms

EU Proposes Expanded Crypto Sanctions on Russia in 21st Package, Targeting Third-Country Platforms

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The European Commission proposed the 21st sanctions package focusing on energy, finance, crypto, trade, and fisheries. Measures include transaction bans on additional Russian banks and 20 third-country entities, including crypto platforms. For the first time, the EU eyes a full ban on crypto-asset services from non-EU countries hosting evasion platforms. The move aims to close loopholes amid rising illicit crypto volumes linked...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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Humanity Protocol Hit by M Private Key Exploit as H Token Crashes Nearly 90%

Humanity Protocol Hit by $32M Private Key Exploit as H Token Crashes

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Around 17 wallets interacting with Humanity Protocol were drained for over $32 million in an ongoing exploit. Founder Terence Kwok confirmed a private key compromise of a Humanity Foundation member. The H token crashed up to 90%, trading near $0.13 after selling pressure from stolen and minted tokens. The project urged users to avoid bridges and liquidity pools while investigations continue. Humanity Protocol, a...

Cryptocurrencies, Front page, Hacks, News

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