Today's Crypto and Bitcoin News

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Tuesday2026/0616
06-12

2026-06-12 20:22:29

U.S. Rep. Jason Crow Proposes Ban on Lawmakers' Participation in Prediction Markets

Rep. Jason Crow wants to make sure the people writing the laws aren’t placing bets on how those laws play out. The Colorado Democrat is leading a bipartisan push to ban members of Congress from participating in prediction markets, a move that could reshape how platforms like Kalshi and Polymarket in

2026-06-12 20:22:29

Bellingham to Start for England in World Cup Opener Against Croatia

Jude Bellingham will likely be the first name on Thomas Tuchel’s teamsheet when England kick off their 2026 World Cup campaign against Croatia. Bukayo Saka, meanwhile, is in a race against his own body.Bellingham takes the 10, and everything that comes with itTuchel’s decision to hand Bellingham the

2026-06-12 20:22:28

BlackRock Gets Second Chance to Retain $42.3B NYC Pension Mandate

BlackRock was on the verge of losing one of the largest public pension mandates in the country. Now it gets another shot.New York City Comptroller Mark Levine announced on June 12 an open rebidding process for approximately $42.3B in US public equity index mandates across three major city pension sy

2026-06-12 20:15:47

SPCX trading volume surges 461% in 8 hours, energy assets dominate the top 5

ME News reports that as of June 13 (UTC+8), SPCX's current rolling 24-hour notional trading volume is approximately $1.34 billion, representing a 461% increase compared to about eight hours ago; DOGE perpetual contract is the only perp asset on this list, with the remaining four slots all being ener

2026-06-12 20:15:47

The TradFi stock segment accounts for nearly 40% of trading volume, and the SPCX funding rate significantly deviates.

ME News report, June 13 (UTC+8): Among the top 5 assets by 24-hour trading volume, stocks, indices, and commodities are all represented. Four of the assets have positive funding rates, with XYZ100 being the only one with a negative funding rate. SPCX leads with a notional trading volume of approxima

2026-06-12 20:15:41

Elon Musk sues OpenAI for over $15 billion, seeks restructuring

ME AI update, June 13 (UTC+8): Elon Musk’s lawsuit against OpenAI is set to go to trial on Monday. Musk is seeking over $150 billion in damages and demands a complete restructuring of OpenAI. The core of the lawsuit centers on whether OpenAI should remain open-source and whether its partnership with

2026-06-12 20:12:38

California Faces Potential $200 Billion Loss After Elon Musk's Corporate Exodus

Elon Musk didn’t just leave California. He took Tesla, SpaceX, X, and xAI with him, a corporate exodus that could cost the Golden State potentially hundreds of billions in lost tax revenue.The financial damage is difficult to overstate, particularly with SpaceX’s anticipated IPO looming. The company

2026-06-12 20:12:37

Humanity Protocol Phishing Attack Leads to BSC Deployment Compromise

Humanity Protocol says a targeted phishing attack against one of its directors led to the theft of private keys used in the June 8 $H token compromise. It resulted in the permanent compromise of the project’s BNB Chain deployment.In a new incident update published June 12, the team shared findings f

2026-06-12 20:12:35

Bitcoin Miner Stress Peaks in 2026 Amid Hashrate Drop and Revenue Decline

At the core of Bitcoin’s market structure is miner conviction. The logic is straightforward: miners are typically the first cohort to capitulate when profitability comes under pressure. As BTC weakens, shrinking revenues and tighter margins can force less-efficient miners offline as they struggle to

2026-06-12 20:12:34

Sky Governance Proposes Doubling USDC PSM Buffer to $800 Million

TL;DRBA Labs has proposed doubling key LITE-PSM-USDC-A parameters in the Sky stablecoin system from 400 million to 800 million.The proposal says USDC reserves stand at 4.13 billion, up 108% since the last recalibration in October 2024.The change would raise daily refresh capacity to 1.6 billion and

2026-06-12 20:12:34

Traders Most Bullish on US Dollar in Over a Year Amid Middle East Tensions

Traders have turned the most bullish on the US dollar in more than a year as the war in the Middle East reinforces demand for the currency as a haven.Hedge funds, asset managers, and other speculators held $27.8 billion in bets that the dollar will strengthen as of June 9, according to Commodity Fut

2026-06-12 20:03:44

CoreWeave and Nebius Shares Rise on Nasdaq 100 Inclusion

CoreWeave and Nebius shares rose Friday after Nasdaq said both AI infrastructure companies will be added to the Nasdaq 100 index later this month.The changes will take effect before the market opens on June 22 as part of Nasdaq’s quarterly index rebalance. CoreWeave and Nebius will join the index al

2026-06-12 20:03:34

Investor Avoids SpaceX IPO, Bets on Potential Merger with Tesla

A longtime Tesla investor said she avoided buying SpaceX shares in the company’s record IPO because she expects Elon Musk to move quickly toward combining the two companies.Alexandra Merz, chief executive of L&F Investor Services, said her thesis is that Tesla and SpaceX will merge. Merz, who ru...

2026-06-12 20:03:30

Traders' bullish sentiment toward the USD reaches a one-year high

ME News reports that on June 13 (UTC+8), as the Middle East conflict reinforced the U.S. dollar’s status as a safe-haven currency, trader bullish sentiment toward the dollar reached its highest level in over a year. According to data released by the U.S. Commodity Futures Trading Commission (CFTC),

2026-06-12 19:54:17

MicroStrategy CEO Clarifies Bitcoin Sale Strategy Amid Market Speculation

Phong Le, President and CEO of Strategy, the largest institutional investor in the cryptocurrency world, put an end to speculation that the company might be forced to sell Bitcoin.Le stated that the company holds 845,000 Bitcoins, representing approximately 4% of the total supply, and argued that cl

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