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Bitcoin rebounds from $60K lows on macro relief amid lingering consolidation
Bitcoin (BTC) recovered from recent lows near $60,000 last week after softer-than-expected US inflation data and easing geopolitical tensions improved market sentiment. However, analysts at Wintermute stated in a note on Tuesday that the rebound has done little to alter the broader market structure.
Fxstreet
Tue, Jun 16
Greece set to reject Binance's MiCA license application, threatening EU exit by July
Binance’s plan to serve customers in the European Union legally may be in jeopardy, as two people who are familiar with the matter told Reuters that Greece’s capital markets regulator is preparing to deny the world’s largest crypto exchange application for a Markets in Crypto-Assets (MiCA) license. The exchange has since put out a measured...Cryptopolitan
Tue, Jun 16
Stock surge from SpaceX $60B deal for Cursor maker challenges Amazon,, Microsoft valuation
SpaceX (NASDAQ: SPCX) briefly shook up the rankings among the highest valued US firms today after it confirmed that it will buy Anysphere, the company behind AI code editor Cursor, for $60 billion in stock. The stock surge that the rocket maker enjoyed shot its valuation into a new stratosphere as it closed a deal...Cryptopolitan
Tue, Jun 16
State Street launches stablecoin reserve money market fund
State Street Investment Management has officially joined the stablecoin reserve race with a new fund designed to manage stablecoin assets today. The top investment financing firm’s new money market fund will be purely for issuers operating under the GENIUS Act’s reserve requirements. The State Street Stablecoin Reserves Money Market Fund (ticker: SSCXX) has been launched...Cryptopolitan
Tue, Jun 16
SpaceX leads the FAB10 into record territory
A new group of tech companies is challenging Wall Street’s traditional favorites. This shift is happening at a time when the tech world has seen a huge IPO, a $60 billion buyout, and a government order that shut off access to one of America’s most powerful AI systems. Investors have long rallied around the Magnificent...Cryptopolitan
Tue, Jun 16
OpenAI courts investors with a $39 billion loss and a $34 billion spending tab
OpenAI is asking investors to look past a brutal cost base as it prepares for a stock market debut. The ChatGPT owner spent $34 billion in 2025, brought in about $13 billion, and ended the year with a reported $39 billion loss. Its bills came from developing new systems, buying computing power, running data centers,...Cryptopolitan
Tue, Jun 16
Anthropic deploys security chiefs to Washington in bid to shield its top AI models
Following a report by Cryptopolitan regarding an imposed federal export ban on the sale of its AI software to users who are not Americans, Anthropic has deployed security researchers and AI models to Washington. The Monday meetings were the first face-to-face talks between the startup and senior Trump administration officials since the order took effect....Cryptopolitan
Tue, Jun 16
Ripple Price Forecast: XRP struggles below 50-day EMA resistance
Ripple (XRP) remains elevated above $1.23 at the time of writing on Tuesday, struggling amid a capped upside. Despite an improved overall market sentiment driven by news of a peace agreement between the United States and Iran to end the war in the Middle East, capital inflows remain notably subdued.
Fxstreet
Tue, Jun 16
China's mBridge bets on blockchain to break SWIFT's global grip
China is closing in on a commercial rollout of mBridge, a proposed blockchain-based settlement network that will directly compete with SWIFT. Beijing is pushing for the newly proposed settlement network, which already has over $69 billion in successful transactions outside the legacy SWIFT messaging system. China’s mBridge project poses a direct threat to the dollar...Cryptopolitan
Tue, Jun 16
Three Cities, Three Fully-Booked Events: Seasons Strengthens Its Community in Germany
One of the strongest signals of a healthy and lively project community is people showing up in person to talk about something they believe in. Over the past several weeks, Seasons did exactly that, three times. The community events were hosted across three cities in Germany, and every single event was fully booked. The Seasons...Cryptopolitan
Tue, Jun 16
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