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Crypto World

Binance Says EU License Could Be Compliant as Rejection Risks Loom

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Crypto Breaking News

Binance is pressing forward with its licensing process under the European Union’s Markets in Crypto Assets (MiCA) regime, after reporting that the Greek regulator overseeing its application has completed an initial compliance review. The move comes amid reports that EU authorities may be preparing to reject the exchange’s bid for authorisation, which would materially affect its ability to provide services to customers in the bloc.

In a blog post published on Tuesday, Binance stated that Greece’s Hellenic Capital Market Commission (HCMC) has reviewed the application and “considered it compliant with MiCA requirements,” while noting that the authorisation outcome remains subject to further review by the European Securities and Markets Authority (ESMA). The company’s comments followed a Reuters report that EU regulators were preparing to reject Binance’s licensing request, potentially limiting the exchange’s access to the EU market.

Key takeaways

  • Binance says HCMC has completed its review of its MiCA application and found it compliant, subject to ESMA-level scrutiny.
  • EU licensing deadlines under MiCA mean that a rejection could restrict Binance’s ability to operate legally for EU residents from July 1.
  • Reuters reported that some EU regulators are preparing to reject the application, highlighting uncertainty around the authorisation timeline.
  • Binance indicated it would update users by June 30, the MiCA application deadline.
  • The development intersects with broader regulatory expectations for exchange compliance, including alignment with EU consumer and market integrity standards.

MiCA licensing timeline and the implications of a decision

MiCA establishes a harmonised licensing framework for crypto-asset service providers operating in the EU. For exchanges, the regulatory transition period has created tight execution deadlines. As Binance approaches the end of June, authorisation decisions tied to MiCA compliance determine whether firms can continue serving EU customers without falling out of the legal perimeter.

Binance’s situation is particularly sensitive because MiCA expects approved status for ongoing EU operations beginning on July 1. If an application is denied, the practical outcome is not simply administrative—firms may have to restrict or cease services for EU residents to remain compliant, affecting customer access, onboarding, and potentially the continuity of regulated products and services.

In its blog post, Binance argued that any delay or distortion in its MiCA pathway would have downstream impacts beyond the company itself, including effects on liquidity and competition within the EU market structure. While those arguments are commercial in tone, the underlying compliance issue remains regulatory: the authorisation process defines whether an exchange is permitted to operate under the EU’s market-wide conduct and prudential expectations.

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What Binance says HCMC concluded, and what ESMA still controls

According to Binance, HCMC—an EU authority tasked with initial regulatory review under MiCA—has completed its assessment of Binance’s application submitted under the Greek framework. The exchange said HCMC “considered it compliant with MiCA requirements,” while emphasising that the assessment is still subject to review by ESMA, the EU’s securities oversight body.

This sequencing matters for institutional and compliance monitoring. Even where a national regulator indicates that an application is compliant, final authorisation decisions in MiCA involve EU-level scrutiny, reflecting the regime’s objective of consistent cross-border oversight. In the current case, Binance’s stated position suggests the file has progressed past initial national review, but the outcome is not insulated from ESMA’s assessment.

Binance also told Cointelegraph that it expected ESMA “intended to progress the licence and move to authorise at an upcoming board meeting.” The exchange did not provide immediate additional comment on the Reuters report indicating potential rejection, but it stated it would update users by June 30. That commitment aligns with MiCA’s application deadline, underscoring that the operational question for firms and customers is whether authorisation will be granted in time to avoid legal disruption.

Broader regulatory context: other MiCA approvals and the risk of fragmentation

Binance previously applied for MiCA licensing in Greece under HCMC in January. The exchange’s progress should be viewed against a wider backdrop in which multiple EU regulators have already approved licences for crypto firms seeking MiCA compliance, particularly as the regime’s deadlines tightened.

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From a policy and enforcement standpoint, the degree of regulatory consistency across member states is a key concern. MiCA is intended to reduce fragmentation by creating a unified rulebook and coordinated oversight, but licensing outcomes can still differ depending on the regulator’s assessment, the completeness and sufficiency of documentation, and the handling of issues identified during review.

For regulated entities—such as banks, custody providers, brokers, and payment firms integrating crypto services—uncertainty in licensing outcomes can become a compliance risk in its own right. It affects due diligence processes, vendor onboarding criteria, and ongoing monitoring obligations under AML/KYC expectations. If a major exchange faces authorisation setbacks, counterparties may need to reassess exposure to the regulated services they rely on, including contingency planning for service continuity.

Although Binance’s blog post frames the potential consequences as market-wide, the compliance angle is more precise: authorisation status is often a gating factor for whether EU-facing services can be offered lawfully, and the transition period can force operational changes on short timelines.

US enforcement history and the compliance expectations facing Binance

Outside the EU, Binance remains subject to scrutiny by US authorities. In 2023, Binance reached an agreement with US regulators in which then-CEO Changpeng Zhao stepped down and pleaded guilty to a felony charge. The company also agreed to a $4.3 billion settlement with the US Department of the Treasury and the Department of Justice, and to follow a monitoring program.

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More recently, US lawmakers have pressed for further information related to Binance’s compliance amid broader geopolitical and sanctions-related concerns. Cointelegraph previously reported that US legislators sought answers regarding Binance’s handling of sanctioned entities, including claims that the exchange facilitated activity involving parties subject to sanctions.

While US enforcement and EU authorisation are separate legal processes, the combined scrutiny increases the importance of compliance evidence that can satisfy multiple regulators. Under MiCA, authorisation and ongoing supervisory expectations are structured around governance, consumer protection, market integrity, and robust controls relevant to crypto-asset service provision. For compliance teams, enforcement history tends to elevate the evidentiary bar for internal controls and transparency, especially where licensing decisions can influence whether the firm is permitted to provide services in regulated jurisdictions.

Closing perspective

With MiCA’s June 30 deadline approaching and ESMA-level review still pending, the key question for the EU-facing operation is whether Binance receives authorisation in time to continue services to EU residents on July 1. The next developments—especially ESMA’s actions and any official regulatory communications—will determine not only Binance’s legal posture in the EU, but also how regulated counterparties manage compliance uncertainty during the transition.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Strategy’s investors are may be rotating out of its preferred stock for another crypto rival

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STRC (TradingView)

Strategy’s (MSTR) dividend-paying preferred stock, STRC, closed at $91.79 on Tuesday, its third-lowest since trading began in July 2025, amid lower bitcoin prices and debt concerns.

The only lower closes occurred during two sessions later that month, when STRC fell to as low as $88.60. The security was initially priced at approximately $90 in its debut.

STRC (TradingView)

STRC was designed to trade as close as possible to its $100 par value. However, it has remained below that level for an extended period and has not traded at $100 since May 15, last month’s ex-dividend date.

Historically, STRC would trade near its $100 par value ahead of the ex-dividend date, the cutoff after which new buyers are no longer entitled to the upcoming dividend. Once the stock went ex-dividend, it often declined by roughly the value of the dividend before gradually recovering toward par, but on June 15, STRC never reached par.

Several factors appear to be contributing to STRC’s persistent weakness.

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First, the security has historically traded in tandem with bitcoin, and bitcoin remains under pressure, hovering around $65,000 and roughly 50% below its October all-time high.

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Collector Crypt Fees Jump 129% in a Week as Solflare Brings Card-Pack Trading Into the Wallet

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Collector Crypt Fees Jump 129% in a Week as Solflare Brings Card-Pack Trading Into the Wallet


Collector Crypt, the Solana-native platform that tokenizes graded physical trading cards for on-chain trading, posted a 129% week-over-week jump in fee revenue after Solflare embedded its card-pack mechanic directly into the wallet interface. The platform generated $3.86 million in fees over the… Read the full story at The Defiant

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Is Avalanche Falling Behind? Social Media Debates Heat Up Over AVAX Growth Slowdown

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Avalanche (AVAX) became one of the most discussed cryptocurrencies on Monday despite the broader market rally, as growing skepticism around the network fueled social media debates.

According to Santiment, many users are questioning whether Avalanche can still compete with faster-growing blockchains such as Solana and Sui.

Lagging Devs and Users

Much of the criticism has focused on concerns that developer activity, user adoption, and overall ecosystem growth are moving away from Avalanche toward rival networks. Santiment’s sentiment data revealed that market mood around AVAX has dropped sharply, pivoting from one of its most bullish phases earlier this year to one of its most bearish periods.

However, the analytics platform stated that extreme negative sentiment can sometimes create opportunities for reversals in the market. Despite the rising criticism, Avalanche continues to maintain institutional partnerships, government-linked initiatives, and its subnet technology, which remains a major feature of the network.

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Meanwhile, stats from the Developer Report by Electric Capital revealed Solana leads with 795 full-time developers (each contributing 10+ days monthly), whereas Sui has 202 such developers, and Avalanche is behind with only 168. Furthermore, the total developer counts show Solana leading at 2,555, Sui at 656, and Avalanche at 484. The metric considers only original code authors, while excluding developers involved in merged pull requests, forked commits, and automated bot activity.

AVAX Market Performance

AVAX briefly moved above $7 this week as the broader crypto market recovered. The token gained nearly 4% in the past 24 hours. The rally also comes amid growing attention around FIFA’s partnership with Avalanche during the ongoing 2026 World Cup. FIFA is using a custom Avalanche blockchain to support ticketing, loyalty programs, and digital collectibles for fans across the world.

The Layer 1 network, announced in May 2025, powers FIFA Collect, the organization’s official collectibles platform developed with Modex. Fans can use Right-to-Ticket collectibles to access official World Cup tickets through a special portal before matches. The partnership has also reportedly helped Avalanche attract new users.

Zooming out, however, AVAX is still over 26% down over the past month. Additionally, the price has fallen by over 76% from its September 2026 high of $30.

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The post Is Avalanche Falling Behind? Social Media Debates Heat Up Over AVAX Growth Slowdown appeared first on CryptoPotato.

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Coinbase unveils AI advisor as it chases ‘Everything Exchange’ vision

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Coinbase stock trading near $169 after a volatile session, with shares briefly rising above $173 before pulling back.

Coinbase has unveiled an SEC-registered AI investment advisor alongside new trading products as the company has continued expanding beyond crypto in its push to become an “Everything Exchange.”

Summary

  • Coinbase unveiled an SEC-registered AI advisor that can help users manage portfolios through natural language commands.
  • The exchange plans to launch stock options, crypto options, prediction markets, and 24/7 stock index perps.
  • Coinbase will expand its pre-IPO perpetuals program with upcoming offerings tied to OpenAI and Anthropic.

According to announcements made during Coinbase’s System Update event, the exchange is introducing an AI-powered advisory service, expanding access to derivatives and prediction markets, and preparing new pre-IPO trading products tied to some of the world’s largest private technology companies.

The latest product rollout comes as Coinbase continues adding traditional financial products to its platform after recently revealing plans to launch tokenized stocks backed one-for-one by underlying shares.

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AI tools move closer to managing user portfolios

At the center of the announcements was Coinbase Advisor, which Chief Executive Officer Brian Armstrong described as one of the first SEC-registered AI-powered investment advisors in the world.

Armstrong said the tool will have access to a user’s portfolio information and account history, allowing customers to interact with the advisor using natural language commands.

“Speak to it in plain English to take action on your account. It will even prompt you with ideas you hadn’t thought of,” Armstrong said during the presentation.

Alongside the advisor, Coinbase revealed that artificial intelligence agents can now connect directly to its platform. Using systems such as ChatGPT or Claude, customers can establish trading rules and permit AI agents to execute trades on their behalf.

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The announcement follows a growing industry focus on agentic finance. Earlier this week, crypto and stock trading platform Robinhood introduced AI-powered account management tools that allow clients to deploy automated agents to oversee trading activity.

New markets extend beyond crypto trading

Elsewhere during the event, Coinbase announced plans to launch stock options trading this summer, while crypto options are scheduled to arrive later this year.

The exchange also disclosed plans to offer perpetual-style stock index products that can be traded around the clock, including by users in the United States. The move would extend the 24/7 trading model commonly associated with crypto markets into equity-linked products.

Additional trading features unveiled at the event include time-based prediction markets that allow users to speculate on future price movements across digital assets such as Bitcoin, Ethereum, Solana, XRP, and Hyperliquid. According to Coinbase, contracts will cover periods ranging from 15 minutes to one year.

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Private market exposure is also becoming a larger part of the company’s strategy. Coinbase announced plans to expand its pre-IPO perpetual contracts program following the launch of SpaceX pre-IPO perps ahead of the aerospace company’s record-setting public listing.

According to Coinbase, upcoming offerings will provide exposure to private companies, including OpenAI and Anthropic, before their shares become publicly available.

The new launches build on Coinbase’s previously announced tokenized stock initiative. The exchange has said those products will represent ownership interests backed 1:1 by underlying shares rather than synthetic instruments, derivatives, or IOUs.

Investors responded positively to the announcements. Data from Yahoo Finance showed Coinbase shares climbing to roughly $170 during the trading session before easing slightly in after-hours trading. The stock exchanged hands near $169.2 at the time of writing.

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Coinbase stock trading near $169 after a volatile session, with shares briefly rising above $173 before pulling back.
Source: Yahoo Finance

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How Would a Hormuz Toll Affect Oil Prices?

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How Would a Hormuz Toll Affect Oil Prices?

Oil prices tumbled to two-month lows after the US and Iran reached a peace deal to reopen the Strait of Hormuz. Yet beneath the relief, traders are quietly positioning for a rebound.

The reason is a catch buried in the deal. Iran plans to charge a toll after a 60-day grace period, a cost the market may already be pricing into the months ahead.

An Iran Deal That Adds a Toll to a Fifth of Global Oil

The deal reopens the Strait of Hormuz, the waterway that carried roughly one-fifth of global oil before the war shut it. Before the conflict, ships paid nothing to pass.

Want more insights like this? Sign up for Editor Harsh Notariya’s Daily Newsletter here.

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Iran now says it will collect “service fees” once a 60-day toll-free window ends. President Trump calls the reopening permanently toll-free, while Vice President JD Vance and Iran point to fees after the 60 days.

Markets took the truce as relief. Brent crude oil price fell about 5% to near $83, and WTI crude oil price slid to under $80, both at multi-month lows.

That drop reflects near-term supply relief. The futures curve tells a more cautious story.

The Curve Cooled, but Positioning Turned Bullish

During the war, the backwardation in Brent went extreme. Backwardation means the front-month contract trades above the later-month contracts, a sign of near-term scarcity.

The spread between the first and second Brent contracts hit about $10.27 in April. It has since collapsed to roughly $0.67, so the market sees the immediate shortage easing. Still, the spread stays positive.

Brent shows mild backwardation rather than flipping into contango, where later months trade above the front. The near-term squeeze has cooled, but the market is not yet pricing a glut.

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Brent BRN1 BRN2 Spread: TradingView

Positioning leans the other way. In the latest Commitments of Traders report, a weekly CFTC snapshot of who holds futures, speculators cut short bets by about 9,300 contracts by June 9.

Brent COT Positioning
Brent COT Positioning: Tradingster

Options say the same. On the United States Brent Oil Fund (BNO), the put-call ratio sat near 0.08, meaning calls vastly outnumbered puts. Call buying continued to grow, with the ratio dropping to 0.06 as the toll news broke.

BNO Put-Call Ratio June 12
BNO Put-Call Ratio June 12: Barchart

So the curve has priced the reopening, while traders bet on what comes after. The size of that bet depends on the toll.

BNO Put-Call Ratio June 15
BNO Put-Call Ratio June 15. Source: Barchart

BRN2 is only about a month further out, and the front contract still trades above it, so the curve has calmed without turning bearish. That leaves room for the toll to retighten it, which aligns with the bullish positioning.

What a Hormuz Toll Could Do to Oil Prices

Here is the math. Before the war, Brent traded near $70 with zero transit cost. The Strait moves about 7.6 billion barrels of oil a year.

A toll of $0.50, $1, or $2 per barrel would hand Iran roughly $3.8 billion, $7.6 billion, or $15.2 billion a year. The $1 level is not hypothetical. During the conflict, an informal $1-per-barrel fee was being levied. Tolls of up to $2 million per voyage were reported.

The direct cost is small and mostly absorbed by producers at first. The bigger lever is the risk premium, the extra price markets pay for supply uncertainty.

That premium bites harder now because the cushion is thin. The US Strategic Petroleum Reserve, the national emergency stockpile, just hit a 43-year low.

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Hormuz Toll Price Scenarios. Source: BeInCrypto

From a normalized reopening near $80, analysts estimate a smooth toll could add $2 to $6, while a messy one could add $10 or more. That points to Brent in the high $80s to mid $90s, with a path back above $100 if the reopening turns disorderly.

To be clear, the $1 toll, or even $2, does not push Brent to $100. That tail runs through disruption, not the fee. A contested rollout that chokes traffic again would revive the war-era risk premium. That fear, not the charge, sent Brent above $100 during the conflict.

Expert and market signals line up with that risk.

Oil Prices, Forecasts, and the Bets Point the Same Way

Industry leaders have flagged the upside. Executives at Chevron and ExxonMobil warned the physical Brent oil price could spike toward $150 to $160 if inventories keep draining.

The US Energy Information Administration (EIA) expects Brent to average about $105 in June and July before easing later. Goldman Sachs trimmed forecasts on the deal but warned of renewed volatility if Hormuz does not reopen cleanly.

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Prediction markets agree at the margin. On Polymarket, bettors put the odds of crude hitting a record at roughly 16% by December 31, still the most-backed window even after the deal cooled the odds.

Crude Oil Record Odds
Crude Oil Record Odds. Source: Polymarket

For now, oil prices sit near two-month lows: Brent around $83 and WTI near $80. The next CFTC positioning report, the first to capture the toll news, will show whether the bullish lean held.

A clean, toll-free reopening would let oil prices keep easing toward the EIA’s high $70s path. A contested service-fee regime after 60 days would re-tighten the market and push it back toward the high $80s and beyond.

The post How Would a Hormuz Toll Affect Oil Prices? appeared first on BeInCrypto.

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Kalshi traders think Anthropic will restore access to AI model quickly

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Kalshi traders think Anthropic will restore access to AI model quickly

Jonathan Raa | Nurphoto | Getty Images

Artificial intelligence giant Anthropic shocked observers when it said Friday evening it disabled access to its Fable 5 and Mythos 5 models to comply with an order by the U.S. government. 

But traders on prediction market platform Kalshi think it’s more likely than not that the Fable model returns to U.S. consumers as soon as July. 

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Traders place 58% odds Anthropic will restore access to Fable 5 before July 1. They think it’s even more likely it’s back by July 10, with a 74% chance it happens by then. For the event contract to resolve to “yes,” general access to the model must be restored to U.S. customers.

Access to Fable 5 was disabled after the U.S. government told Anthropic to suspend access to the technology for any foreign national, whether inside the country or outside of it. To ensure compliance, Anthropic disabled the model for all of its customers. 

The decision came just days after the company announced Fable 5. Anthropic previously tussled with President Donald Trump’s administration when the Department of Defense in March labeled the company a supply chain risk.

Traders’ bullishness comes after Anthropic reportedly met with the Trump administration on Monday to discuss the model. It is not yet clear if that meeting yielded any progress between the two parties.

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On Polymarket, traders place 67% odds access is restored to U.S. customers by July 1.

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Tokenized RWA Market Tops $43B, According to Token Terminal

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Tokenized RWA Market Tops $43B, According to Token Terminal

The market for tokenized real-world assets (RWAs) continues to expand despite broader weakness in crypto markets, with the value of onchain financial assets climbing sharply over the past six months as traditional financial products migrate onto blockchain rails.

According to Token Terminal, tokenized assets now exceed $43 billion in market value, up roughly 37% over the past 180 days.

The figures exceed those reported by other industry trackers, most notably RWA.xyz, which values the combined RWA market at less than $33 billion. The discrepancy likely reflects methodological differences, with Token Terminal including a broader range of tokenized financial assets.

Tokenized funds dominate the sector, accounting for nearly 80% of total market capitalization. Commodities rank a distant second at 16.6%, followed by tokenized stocks at 3.8%.

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Source: Token Terminal

Ethereum remains the leading blockchain for tokenized assets, hosting 57.8% of total value. BNB Chain accounts for 8.5%, followed by zkSync Era (7.5%), XRP Ledger (5.8%) and Stellar (5.4%), reflecting the sector’s gradual expansion beyond Ethereum.

Sky is the largest issuer with $6.1 billion in tokenized assets, followed by Securitize and Ondo Finance at $3.6 billion each, according to Token Terminal.

Related: Crypto Biz: SpaceX fuels tokenization’s next boom

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Tokenization moves beyond Treasurys

Tokenization has gained mainstream attention as major financial institutions embrace blockchain-based infrastructure. Earlier this week, Standard Chartered initiated coverage of Uniswap, arguing that the decentralized exchange’s UNI token could appreciate 40-fold by 2030 as tokenized assets increasingly migrate onchain.

The bank projects the decentralized finance sector will grow to $2.7 trillion over the same period, driven largely by the expansion of tokenized financial products.

Source: Frank Chaparro

Citigroup has also turned bullish on tokenization, projecting that the market will reach $5.5 trillion by 2030 in its base case and up to $8.2 trillion in a bull scenario. 

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The bank argues the industry is moving beyond the pilot stage as regulatory clarity improves. Citi identified the Depository Trust & Clearing Corporation, the New York Stock Exchange and Nasdaq integrating tokenization into core issuance processes as key catalysts for growth.

Stablecoins, which are often excluded from tokenization metrics, are expected to be a major driver of sector growth. Source: Citi

While tokenized funds and private credit continue to dominate the market, tokenized equities are gaining traction through platforms such as Ondo Markets and xStocks. The trend reflects a broader shift within the industry, with Binance Research recently concluding that RWA growth is becoming more diversified.

“2026 marks RWA tokenization’s maturation from a Treasury-dominated narrative into a diversified yield ecosystem,” Binance Research said in a report earlier this month.

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Related: JPMorgan, Citi-backed Clearing House plans tokenized deposit network in 2027: WSJ

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American Indian tribes want Kalshi and Polymarket off their land

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American Indian tribes want Kalshi and Polymarket off their land

A coalition of American Indian tribes is seeking to block prediction market Kalshi and the Commodity Futures Trading Commission (CFTC) from undermining gaming laws on Indian land.

The legal challenge is made up of a series of amicus briefs filed this month by the “Tribal Amici,” a legal body consisting of 30 federally recognized Indian tribes and 11 different Indian regulatory agencies. 

In an Amicus Brief — a brief that allows a third party outside the legal proceedings to offer their perspective on an ongoing case — filed on June 11, the Tribal Amici encouraged a court to deny Kalshi’s motion for preliminary injunction.

Meanwhile, a June 15 filing supported the State of New York’s opposition to the CFTC’s motion for a preliminary injunction.

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In both cases, the tribal coalition claims that Kalshi and the CFTC’s actions would amount “to a sub silentio reversal of congressional policy and Supreme Court precedent” and “undermine existing tribal-state gaming compacts and regulatory frameworks.”

It argues the legal action would “allow prediction markets to offer sports-betting contracts subject to their own private regulation — not state or tribal regulation — on state and tribal lands; permit prediction markets to divert gaming revenues away from tribal and state governments; and diminish tribal self-determination.”

As such, tribes are seeking to maintain the freedom to regulate prediction markets like Kalshi, Polymarket, and the recently CFTC-approved Novig, when operating within American Indian jurisdictions.

Read more: Strategy’s BTC sale sends Polymarket into disarray

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They also want to protect “vital” revenue that prediction markets are allegedly siphoning away, and which it’s claimed should be going to government services, tribal programs, and economic development aiding self-governance and self-sufficiency.

The Ohio federal court ruled against Kalshi’s 2025 lawsuit in March this year, stating that its sports event contracts aren’t “swaps.”

Kalshi is appealing this outcome and Ohio’s decision to reject the prediction market’s request for a preliminary injunction. 

Meanwhile, the CFTC sued the State of New York in April this year, claiming it infringed on its area of jurisdiction when it sued Coinbase Financial Markets and Gemini Titan over alleged gambling promotion.

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The Tribal Amici claims that the CFTC would undermine legal agreements between the New York tribes and the state that are approved by the United States and “carefully balance both tribal and state interests over the regulation of tribal gaming in New York.”

Prediction markets are wrangling with state lawmakers across America. This week, Polymarket joined Kalshi in filing a lawsuit against the state of Minnesota and its prediction market ban that comes into effect in August. 

The CFTC is also considering classifying contracts involving terrorism, assassinations, war, gaming, or illegal activity as illegal and against the public interest.

All of this is happening while prediction markets are processing billions of dollars worth of funds on the back of sports contracts during the World Cup. 

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Bloomberg reports that Kalshi has already processed $5.1 billion in notional trading volume during the World Cup, while crypto analysts claim Polymarket attracted $1.6 billion in a single week.

Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on XBluesky, and Google News, or subscribe to our YouTube channel.

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Crypto News Just Turned Bullish: Coinbase CEO Brian Armstrong Calls a $60,000 Bitcoin Bottom While DOGE Holders Move to Pepeto

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Crypto News Just Turned Bullish: Coinbase CEO Brian Armstrong Calls a $60,000 Bitcoin Bottom While DOGE Holders Move to Pepeto

The biggest piece of crypto news this week came from the CEO of the largest US exchange, not a chart. Brian Armstrong said on June 15 he is “as bullish as ever” on Bitcoin and thinks the market has “probably bottomed” around $60,000, per Benzinga, expecting BTC far higher by 2030. In every cycle, those who act on a signal like this before the crowd walk away rich.

Bitcoin had already climbed back above $65,759. ETH sits at $1,818, and DOGE trades at $0.0885. Pepeto’s raise has pushed past $10.27 million with the fear gauge still at 12 and the Binance listing creeping nearer, and every round that closes lifts the price, so today’s entry disappears within the week.

On the Moonshots with Peter Diamandis podcast, Armstrong called Bitcoin “the new digital gold” and traced its four-year cycles from 2011 through 2025, per Benzinga. Citibank floated a $189,000 BTC target for the end of 2026.

When the head of the largest US exchange calls a floor near $65,759, that is the crypto news splitting early movers from those who circle back too late. The cycle keeps manufacturing fear while the biggest names in finance quietly build conviction, and the gap between the headlines and that behavior is where the cleanest entries hide.

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Armstrong’s $60,000 Floor, Building Conviction, and the Presale Closing Before the Crowd Notices

Why the Crypto News Keeps Circling Back to Pepeto for Early Movers

Crypto news lately swings between fear readings and bullish calls from people like Armstrong, and Pepeto has become the line separating wallets that took a position from those still waiting. A bottom call from a major exchange CEO proves the biggest players see opportunity in a downturn. Upward of $10.27 million flowing into a presale at that same fear level shows the same instinct at the ground floor.

As large-cap outlooks point to a stronger second half, the wallets rotating into projects with real tools catch the recovery. Every swap on PepetoSwap runs fee-free, so a position builds rather than thinning across trades.

The scanner catches wallet clustering, the fingerprint of a coordinated dump, before your money is near it. And the bridge ties Ethereum, Solana, and BNB Chain together at no transfer cost, so a portfolio stays intact across chains.

The numbers carry the weight. Over $10.27 million sits locked at a fear reading of 12, as every round lifts the floor and burns shrink supply. SolidProof audited the entire contract set, and a former Binance developer built the route to listing. A 170% staking yield grows every wallet committed. The approaching listing turns an entry at $0.0000001876 into a return large caps need quarters to even approach.

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Ethereum (ETH) Price at $1,818 as Armstrong’s Bottom Call Lifts Market Sentiment

Ethereum (ETH) trades at $1,818 per CoinMarketCap, up 9.2% on the day. ETH remains 65% under its $4,954 record from August 2025. Bitmine now holds over 5.5 million ETH, near 4.6% of supply, and Standard Chartered keeps a $7,500 year-end target.

Ethereum (ETH) support holds at $1,600 with resistance at $1,850. Armstrong’s floor call adds confidence to the ETH case, but a 4.3x over a year is not what fractions-of-a-cent pricing delivers on a listing day.

Dogecoin (DOGE) Price at $0.0885 as Network Activity Climbs

Dogecoin (DOGE) sits at $0.0885 per CoinGecko, up 3.1% across the week. A joint SEC and CFTC framework labeled DOGE a digital commodity back in March 2026.

Dogecoin (DOGE) holds support at $0.080 with resistance at $0.095, and analysts flag $0.12 if that breakout sticks. The DOGE chart is turning up, but a 35% move on a $13.7 billion cap is not the return a single listing produces.

Conclusion

The crypto news signals recovery as Armstrong calls a bottom and conviction hardens. But a trillion-dollar asset class has a ceiling from here. The returns that change a life this cycle live in the presale lane.

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Pepeto rewrites that math with real exchange tools and a listing that flips presale pricing into gains ETH and DOGE would need quarters to reach. Picture $1,000 today turning into $50,000 to $150,000 once trading opens. A mortgage gone.

A career you actually choose. Every crypto fortune began the same way: someone took the early entry before the crowd believed it and turned a tiny stake into money that changed everything. The Pepeto presale is that entry right now, and the wallets moving in today are choosing to be the next name people wish they had bet on early.

Click To Visit Pepeto Website To Enter The Presale

FAQs

Which crypto news matters most for investors right now?

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The biggest crypto news right now is Coinbase CEO Brian Armstrong calling a Bitcoin bottom near $60,000 and projecting a much higher BTC price by 2030. Citibank’s $189,000 BTC target backs it, while Pepeto’s presale offers return distance institutional products cannot reach.

Should I buy Dogecoin at $0.0885?

Dogecoin (DOGE) trades at $0.0885 with a digital-commodity classification and a $0.12 ceiling once resistance at $0.095 breaks. Pepeto, by contrast, offers presale entry and listing upside through the Pepeto presale that DOGE cannot match at a $13.7 billion market cap.


Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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SpaceX Stock Faces Tesla-Style Crash Fears as $3 Trillion Valuation Sparks Debate

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Tesla (TSLA) and SpaceX (SPCX) Stock Performances Post IPO

SpaceX stock is drawing crash warnings days after its record Nasdaq debut. Traders are comparing SPCX to Tesla’s volatile 2010 listing as the company nears a $3 trillion valuation.

The parallel has split market watchers. Some expect a steep correction once selling pressure builds, while others argue a tiny public float could keep prices elevated for months.

Tesla (TSLA) and SpaceX (SPCX) Stock Performances Post IPO
Tesla (TSLA) and SpaceX (SPCX) Stock Performances Post IPO. Source: TradingView

A record debut at a stretched valuation

SpaceX priced its shares at $135 on June 12 and raised about $75 billion, eclipsing Saudi Aramco’s $25.6 billion in 2019 to become the largest IPO in history. The debut instantly ranked it among the most valuable US companies.

SPCX has since climbed past its earlier opening level, trading roughly 56% higher near $213.95 as of this writing.

Prediction market Kalshi said SpaceX touched a $3 trillion valuation in after-hours trading on $18.7 billion in 2025 revenue.

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That multiple dwarfs the levels from the stock’s earlier $2 trillion debut and exceeds anything Tesla carried at listing.

Why Some Traders See a SpaceX Stock Crash

Analyst Ted Pillows summed up the bearish case, framing SPCX as a replay of Tesla’s early path. Another widely shared post claimed Elon Musk ran the identical playbook at Tesla’s 2010 listing.

The record is messier than the meme. Tesla closed its first day 40.5% above its $17 offer price. It roughly doubled within months, then shed almost a quarter of its value in weeks.

The stock ended 2011 up just 7.3%, with no single 70% collapse before its later 300-fold climb.

“SpaceX $SPCX is following the Tesla $TSLA route. An initial pump of 60%-70% followed by a brutal 50% crash,” Ted Pillows wrote.

Investor Jo Bhakdi expects downward pressure from August, citing the thin float, forced index buying, and a valuation near 90 times 2026 revenue.

CNBC’s Jim Cramer echoed the unease, saying he likes the company but dislikes watching a meme-style climb with almost no sellers.

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The Case for a Longer Squeeze

Conversely, others warn that betting on a crash misreads the supply. Investment adviser Thierry Borgeat argued that the same scarcity driving overvaluation also shields the price.

“Yes, the stock is expensive on every traditional measure… But price doesn’t fall just because it should. It falls when sellers outnumber buyers… Scarcity cuts both ways,” CFA Borgeat noted.

Demand has been intense. Bloomberg’s Eric Balchunas noted the number of ETFs holding SPCX jumped from four to about 120 in days.

With insiders locked up and retail reluctant to sell, buyers still outnumber sellers, much as they did while Tesla’s lofty valuation drew skeptics years ago.

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The first real test arrives in August, when early lock-up expirations could finally add supply.

Until then, SpaceX stock looks set to trade on scarcity and sentiment rather than fundamentals, even as Musk’s soaring net worth keeps the spotlight bright.

The post SpaceX Stock Faces Tesla-Style Crash Fears as $3 Trillion Valuation Sparks Debate appeared first on BeInCrypto.

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