Pi42 Co-founder and CEO Avinash Shekhar shared an exclusive assessment with Coinpedia on the state of crypto markets through the second week of June, describing a period of gradual recovery after one of the most turbulent stretches of 2026.The RecoveryBitcoin spent much of the week clawing back from the sharp correction seen in early June, reclaiming the $63,000 level after briefly falling below key support zones. The recovery came despite continued ETF outflows and persistent macroeconomic concerns that have weighed on investor positioning throughout the year.“The second week of June highlighted the crypto market’s resilience as sentiment gradually improved following…
Author: cryphedge
On July 1, 2026, the temporary permission that lets crypto companies keep operating in Europe while they wait for a proper MiCA license runs out, and it creates a huge problem that lands straight on ordinary users.Europe’s crypto law, known as MiCA, requires any exchange, broker, or wallet service that wants EU customers to hold an official license. Hogan Lovells counted only 194 licensed crypto firms across the EU as of May 2026, including banks, in a market that had more than 3,000 registered crypto companies back in 2024.Around 75% of those older firms are expected to lose their right…
Bitcoin is holding above its 200-week moving average for another week, a level that has historically separated bull markets from extended bear markets. The question now dominating analyst discussion is whether the recent drop to $59,000 was the cycle low or simply a temporary stop before a deeper decline toward $30,000 to $40,000.Why the Bulls Are Getting OptimisticAnalyst Michaël van de Poppe noted something important about how the recent selloff played out. Markets fell heavily in a single week, the kind of move that typically builds momentum and accelerates further to the downside. That acceleration never arrived.Instead of continuing lower,…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: June 14, 2026 For a few hours, earlier this week, Tether USDT stablecoin held…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: June 13, 2026 Here is the thing about capitulation calls. They only sound smart in hindsight. Right now, with Bitcoin price scraping along the low $60,000s, calling for a run to the mid $70,000s feels like wishful thinking. Elon Musk’s SpaceX AI is making predictions anyway, pinning a 30-day target of $72,000 to $78,000 on a coin…
The US government has issued an emergency export control directive forcing artificial intelligence pioneer Anthropic to abruptly suspend global access to its frontier models, Fable 5 and Mythos 5.The sweeping mandate, which cites national security authorities, applies to all foreign nationals both inside and outside the United States, including Anthropic’s own international personnel.The enforcement action marks the first time Washington has effectively recalled a widely deployed, commercial frontier AI model.While Anthropic has complied by disabling the models for its entire global user base, the unprecedented intervention has triggered an immediate ideological and capital shift across the technology landscape.Within hours of…
Agentic AI is hungry, and apparently, traditional infrastructure is starting to feel the strain. That narrative helped push RENDER price more than 10% higher today, with the token climbing from its recent demand zone near $1.50 to trade around $1.75.The move followed a fresh announcement from Render Network highlighting a growing compute shortage. According to the project, demand has now exceeded supply on Salad for the first time in eight years, a milestone the team linked directly to the rapid rise of agentic AI workloads.AI Demand Starts Stressing Existing InfrastructureFor years, centralized cloud providers have dominated the compute market. However,…
Three of the world’s largest cryptocurrency exchanges — Binance, Bybit, and Bitget — were forced to cancel their tokenized SpaceX IPO campaigns on Friday after failing to receive share allocations through xStocks, the tokenized equities platform operated by Kraken, exposing a critical structural vulnerability in crypto’s fast-growing push into real-world asset tokenization.A Historic IPO, an Unhappy Outcome for Crypto UsersSpaceX began trading on the Nasdaq under the ticker SPCX on June 12, with shares opening at $150 — roughly 11% above the $135 IPO price. By some measures, demand for the stock at IPO price was unprecedented, with orders outnumbering…
SpaceX’s record-setting public debut didn’t just mint a new mega-cap; it rewired market structure debates in real time. A $2.1 trillion close forces portfolio managers and passive allocators to rethink concentration risk, index eligibility timelines, and how to navigate a year of “shadow inclusion” flows. Yet the S&P 500 won’t add SpaceX tomorrow. Index rules around seasoning, profitability, and public float remain in place, delaying any potential inclusion. That creates a practical challenge: positioning for a dominant company that already trades like a top-tier constituent—without the benchmark doing the mechanical buying just yet. This piece breaks down what changed, what…
Bitcoin may have just turned a corner. Standard Chartered’s Geoffrey Kendrick declared in a client note published Friday that the cryptocurrency has printed its definitive cycle low, with the floor now locked in at approximately $59,000 — and that the protracted downturn gripping digital asset markets since last autumn is firmly behind us.“Winter is over,” Kendrick wrote. “Welcome back to crypto Spring.”The $59,375 intraday low touched on June 5 represents a 53% decline from Bitcoin’s all-time high of $126,000, set on October 6, 2025. Kendrick’s position is that this level represents a hard floor he does not expect prices to…
