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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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SpaceX Makes Historic Nasdaq Debut, Shares Surge Over 20% to Top $2 Trillion Valuation

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SpaceX debuted on the Nasdaq under the ticker SPCX after pricing its record-breaking initial public offering at $135 per share to raise $75 billion. Shares opened at $150 and surged past $176 in intraday trading, driving the company’s market capitalization above $2 trillion. The historic market debut officially crowns CEO Elon Musk as the world’s first trillionaire, with a paper net worth reaching an estimated $1.1...

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Second Circuit Upholds Sam Bankman-Fried’s FTX Fraud Conviction

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The Second Circuit Court of Appeals on June 12, 2026, affirmed Sam Bankman-Fried’s conviction on seven counts of fraud and conspiracy tied to FTX’s collapse. A three-judge panel found no reversible error by trial judge Lewis Kaplan and described the government’s evidence as robust, rejecting claims that the trial was unfair. Arguments that Bankman-Fried intended to repay customers or that misappropriated funds were invested...

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Anthropic’s Claude Fable 5 Launch Ignites Backlash Over Data Retention and ‘Silent Nerfing’

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Anthropic rolled out Claude Fable 5, the first publicly accessible version of its high-powered Mythos-class technology, sparking intense community friction over its terms of service. A mandatory 30-day data retention policy overrides existing Zero Data Retention (ZDR) enterprise agreements, raising serious compliance issues under European GDPR rules. Developers and researchers accuse Anthropic of implementing a covert...

Breaking, News

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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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