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Two 2x leveraged ETFs tracking Elon Musk’s space company SpaceX are drawing intense market interest, racking up explosive trading volume immediately after launch. On June 16, Bloomberg ETF analyst Eric Balchunas wrote on X that trading in SpaceX leve
Bitcoin posted only modest gains despite news of a peace agreement between the US and Iran, highlighting investors' cautious stance. While stocks and oil reacted immediately, the crypto market appeared to be waiting to see whether the agreement would
The Bank of Japan raised its policy rate to 1%, a move that market participants said underscored the central bank’s concern over rising prices. Bloomberg reported on June 15 that the BOJ lifted its benchmark rate by 0.25 percentage point to 1% at a m
Today’s Key Economic Events ▶︎June 16 (Tuesday): △Bank of Japan rate decision (12 p.m. Korea time) △US ADP weekly employment change report (9:15 p.m. Korea time) Today’s Key Cryptocurrency Events ▶︎June 16 (Tuesday):
CIA Director John Ratcliffe has raised concerns that Iran will not accept US demands to scale back its nuclear program. Axios reported on June 15 that Ratcliffe recently told President Donald Trump and senior aides that US intelligence agencies have
SpaceX, Elon Musk’s space company, has completed an initial public offering, driving a sharp surge in trading of Hyperliquid’s SpaceX-linked perpetual futures. The Block reported on June 15 that “xyz:SPCX,” a SpaceX perpetual futures product in Hyper
The US Commodity Futures Trading Commission sued New Mexico over a growing dispute on who has regulatory authority over prediction-market platform Kalshi. Cointelegraph reported on June 15 that the CFTC filed suit in federal court against New Mexico
US spot-Bitcoin exchange-traded funds posted net outflows for a fifth straight week. Data from SoSoValue cited by Wu Blockchain showed US spot-Bitcoin ETFs recorded $316 million of net outflows in the week from June 8 to June 12. The five-week streak
The dollar weakened and appetite for risk assets improved after news that the US and Iran had agreed on peace negotiations. Reuters reported on June 14 that the dollar index fell as low as 99.49 during trading, the weakest level since June 5. The ind
Mirae Asset Global Investments is accelerating its push into tokenized securities through a partnership with Ondo Finance, a global real-world asset tokenization company. Mirae Asset signed a memorandum of understanding with Ondo Finance to develop d
Doubts are mounting over whether the CLARITY Act, a US crypto market structure bill, can be passed before Independence Day on July 4. Eleanor Terrett, host of Crypto in America, wrote on X on June 14 that enacting the CLARITY Act by July 4 would requ
President Donald Trump cast a peace agreement with Iran as a signature foreign-policy achievement, contrasting himself with past US presidents. In a Truth Social post on June 14, Trump wrote that the “great agreement” would bring peace and security a
Persistently high US consumer inflation may add to downward pressure on Bitcoin, analysts told Cointelegraph. US consumer prices rose 4.2% in May from a year earlier, Cointelegraph reported on June 11. The reading weakened expectations for Federal Re
Nasdaq-listed Tron Inc. (NASDAQ: TRON) has expanded its corporate reserves with an additional purchase of Tron (TRX). The company said June 11 that it acquired 154,608 TRX at an average purchase price of $0.3234. The latest purchase lifted its TRX ho
Oil prices extended gains after Iran declared the closure of the Strait of Hormuz and news emerged of additional U.S. airstrikes on Iran. Reuters reported on June 10 that Brent crude futures rose 2.47% to $95.40 a barrel. West Texas Intermediate crud
XRP’s on-chain activity has slowed sharply since this year’s peak, according to market data cited in a Cointelegraph analysis published June 10. Glassnode data showed the XRP network’s 90-day average fees fell to about 500 XRP recently from roughly 5
Tom Lee, chairman leading BitMine’s Ethereum accumulation strategy, said the company may not need to reach its goal of holding 5% of Ethereum’s total supply. Eric Balchunas, a Bloomberg ETF analyst, said on June 10 that Lee recently told a DACFP fina
The US has launched additional airstrikes on Iran. US Central Command said in a post on X on June 10 that, at 5:15 p.m. Eastern time, it began further self-defense airstrikes on multiple targets inside Iran at the president's direction. CENTCOM descr
Whale investors appear to have stepped in with aggressive dip buying as Bitcoin fell to the $60,000 level. CryptoQuant contributor Woominkyu wrote on June 10 that recent on-chain data shows large investors actively accumulated Bitcoin while retail tr
Outflows continued from US spot-Bitcoin exchange-traded funds. US spot-Bitcoin ETFs recorded net outflows of $77.44 million on June 9, according to Trader T. That marked a third straight trading day of net redemptions. BlackRock's IBIT led the outflo
The Digital Asset eXchange Alliance, or DAXA, said June 10 that a joint investigation with South Korea’s registered virtual asset service providers identified 12 illegal crypto operators and referred them to police for investigation. The probe ran fo
Oil rebounded after reports of fresh US airstrikes on Iran renewed tensions in the Middle East. According to Bloomberg on June 9, West Texas Intermediate rose nearly 2% intraday to trade near $90 a barrel. Crude had dropped 3.4% a day earlier, but re
SBI Shinsei Bank, part of Japan's SBI Group, plans to introduce a cryptocurrency rewards program for deposit customers. The bank aims to launch the program this fall, offering depositors vouchers worth 20% of their interest income that can be exchang
BitMine, an Ethereum treasury strategy company, bought about 127,000 ETH over the past week, lifting its holdings to 5.54 million ETH. Cointelegraph reported on June 8 that BitMine now holds 5,543,872 ETH, equivalent to about 4.59% of Ethereum’s circ
Verse8, an artificial intelligence game creation platform, said on June 8 that it had unveiled MSU Space, a dedicated creation hub for MapleStory intellectual property, in partnership with NEXPACE, Nexon’s blockchain subsidiary. The collaboration mar
Joseph Lubin, a co-founder of Ethereum, said the Ethereum Foundation's recent budget cuts, staff departures and restructuring amount to a necessary evolution rather than a crisis. Lubin told CoinDesk in an interview published June 7 that the foundati
U.S. spot Ethereum exchange-traded funds recorded net outflows. According to Farside Investors, U.S. spot Ethereum ETFs posted a combined net outflow of $6 million in the previous trading session. The funds reverted to net outflows just one day after
Galaxy Research lowered its estimate for the odds that the CLARITY Act, a US crypto market structure bill, will pass by 2026, citing mounting concerns over delays in the Senate. On June 5, Alex Thorn, head of research at Galaxy Research, wrote on X t
Institutional investors sharply reduced their Bitcoin holdings in the first quarter. CoinShares' analysis of 13F filings with the US Securities and Exchange Commission, released on June 5, showed professional investors held 261,000 BTC at the end of
The US Securities and Exchange Commission is developing a regulatory framework for the listing and trading of tokenized securities. Wu Blockchain reported on June 5 that Jamie Selway, director of the SEC’s Division of Trading and Markets, said the ag