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Monday2026/0615
06-11

May PPI inflation may rise to 6.5%, the highest since November 2022

The May PPI inflation rate rose to 6.5%, exceeding the expected 6.4% and reaching the highest level since November 2022. The core PPI inflation rate was 4.9%, unchanged from the revised April level. The PPI inflation rate has reached levels seen during the pandemic stimulus period, increasing the li...

Crypto Firms Target MENA Fan Engagement During 2026 World Cup

The 2026 FIFA World Cup is officially the biggest the sport has ever seen, with 48 nations competing across Mexico, Canada, and the United States. A record eight countries from the Middle East and North Africa are in the mix, and the crypto industry is betting heavily that this convergence of global...

SpaceX's $75 Billion IPO Sparks Market Hype and Crypto Capital Shifts

US equity markets opened higher as Wall Street braces for what could be the most consequential IPO in stock market history. SpaceX, Elon Musk’s aerospace and satellite internet empire, is preparing to go public on the Nasdaq under the ticker SPCX, with shares priced at $135 each.The offering aims to...

Ethereum Exchange Supply Hits Record Low Amid Corporate Accumulation

TL;DR:Ethereum’s (ETH) exchange reserve fell to an all-time low of 14.5 million ETH, according to data published by CryptoQuant.The decline began accelerating in July 2025, when companies like BitMine and SharpLink started accumulating Ethereum in their treasuries.ETH’s price dropped 44% year-to-dat...

U.S. May wholesale prices rose 1.1% MoM, the largest increase since 2022

ChainCatcher report, according to Jinshi, U.S. wholesale prices recorded the largest consecutive increase since 2022 in May, with the PPI rising 1.1% month-over-month, exceeding the market expectation of 0.7%. Over the past 12 months, wholesale prices increased by 6.5%, marking the largest annual ga...

Coinbase Gains Approval for U.S. Crypto Perpetual Futures

Coinbase gains approval to connect U.S. traders with global crypto futures liquidity.Deribit acquisition enables Coinbase to expand access to regulated derivatives in the U.S.Armstrong said the approval could bring offshore crypto trading activity back onshore.Coinbase has received regulatory approv...

Tether CBO Benjamin Habbel Resigns After Nine Months to Return to Limestone Capital

ME News reports that on June 11 (UTC+8), Benjamin Habbel, Chief Business Officer of stablecoin giant Tether, has departed the company after just nine months, during which he was responsible for driving business growth and portfolio expansion. Habbel stated in an email that he will return to Limest...

U.S. DOJ Charges Two Men with Laundering Over $389 Million in Cryptocurrency

BlockBeats report: On June 11, the U.S. Attorney’s Office for the Eastern District of Pennsylvania announced that Ruslan Igorevich Tkachuk, 37, and Alexander Vladimirovich Ledenev, 25, have been arrested and criminally charged with conspiracy to launder monetary instruments and conspiracy to entrap ...

U.S. prosecutors charge two individuals in a $389 million cryptocurrency money laundering case.

According to a press release from the U.S. Attorney’s Office for the Eastern District of Pennsylvania, U.S. Attorney David Metcalf announced that Ruslan Igorevich Tkachuk, a 37-year-old Ukrainian national, and Alexander Vladimirovich Ledenev, a 25-year-old Russian national—both residents of Batumi, ...

Shiba Inu Listed on Japan's Mercari, Reaching 23 Million Users

Japanese marketplace giant Mercari has added Shiba Inu to its cryptocurrency lineup, giving its 23 million monthly users direct access to SHIB.The listing forms part of Mercari’s broader expansion of its cryptocurrency trading service, which launched in 2023 through its subsidiary, Mercoin. Initiall...

Bitcoin's $60,000 Support Tied to Dollar and Yields

Glassnode's latest Week On-chain report says Bitcoin has entered a deep discount phase, with over 95% of short-term holders underwater and realized losses approaching levels associated with severe capitulation.The report also notes that a durable Bitcoin recovery is likely to require either the doll...

Retail Traders Shift Capital to SpaceX Ahead of $135 IPO

Individual investors are selling positions in AI and semiconductor stocks to free up capital for SpaceX shares, a rotation that signals just how much gravitational pull Elon Musk’s rocket company exerts on the retail crowd.The numbers behind the hypeSpaceX’s IPO is scheduled to price and begin tradi...

Strive Grows Bitcoin Holdings by 30% in One Month

Strive, Inc. has been on a Bitcoin shopping spree that would make even Michael Saylor raise an eyebrow. The firm’s holdings jumped from 15,391 BTC on May 18 to 19,032 BTC by June 8, a 30.5% increase in roughly three weeks.How Strive is funding the buying bingeThe most eye-catching single transaction...

AI Agent Security Breach Exposes New Risks in Web3 Wallets

What if one day, your wallet wasn’t stolen and your mnemonic wasn’t leaked—yet an AI agent simply “understood” a sentence and automatically transferred your assets? How would you feel?Reality really did witness something so absurd.In its May 2026 security report, MetaMask disclosed a unique case in ...

Citi Launches Tokenized Share Offering for Private Market Access

Citigroup is launching a new way for wealthy and institutional investors to buy stakes in private companies using blockchain technology as part of a broader push by major banks to bring traditional financial assets onto digital asset networks.The bank on Thursday unveiled what it called Digital Depo...

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