Wall Street

XRP ETF inflows $1.44 billion June 2026
Wall Street
XRP ETF Inflows Hit $1.44 Billion Over Six Straight Weeks and the Capitulation Bottom Was Real

On June 10, we published an article noting that Glassnode data showed XRP holders capitulating, selling at a loss in a pattern that historically marks the late stage of a drawdown rather than the start of one. Three structural signals…

Wall Street
Coinbase CEO Brian Armstrong Says the Accredited Investor Rule Is a “Regressive Tax” and and the SpaceX IPO Proved His Point

Brian Armstrong, CEO of Coinbase, posted a call to reform accredited investor laws on June 15, attracting 317,000 views in hours. His argument is concise: companies are staying private longer, so the best returns happen before the IPO, and only…

Michael Saylor
Wall Street
Saylor’s Strategy Buys 1,587 BTC for $100 Million at $63,024 Average and Reserve Now at 846,842 Bitcoin

Strategy, the largest corporate holder of Bitcoin in the world, acquired 1,587 BTC between June 8 and June 14, 2026 for approximately $100 million, at an average purchase price of $63,024 per coin. The purchase was announced this morning via…

Wall Street
SpaceX Lists on Nasdaq at $1.77 Trillion: Crypto’s Pre-IPO Bets Face Their First Real Convergence Test

SpaceX begins trading on Nasdaq today under the ticker SPCX, pricing 555.6 million shares at $135 for a roughly $1.77 trillion valuation and a $75 billion raise, the largest IPO in United States history. The book, led by Goldman Sachs,…

Wall Street
SpaceX Is Draining Bitcoin’s Liquidity, and Here Is the Twist: It Holds 18,712 BTC on Its Balance Sheet

Bitcoin did not crash this month because something broke in crypto. It crashed, in meaningful part, because the most exciting trade of 2026 is happening somewhere else. Reuters has explicitly tied Bitcoin’s weak 2026 performance to booming AI stocks and…

DeFi
Apollo and VanEck Just Backed a DeFi Protocol: Morpho’s $175M Raise Is the Clearest TradFi Surrender Signal Yet

Morpho Association raised $175 million on June 9 in one of the largest funding rounds in DeFi history, at a $2 billion valuation. The round was co-led by Paradigm, a16z crypto, and Ribbit Capital. But the names that matter most…

Crypto Conference
From $30 Billion to $5 Trillion: Securitize’s CEO Just Made the Biggest RWA Call of 2026 at ETHConf

Carlos Domingo runs the company that tokenizes BlackRock’s funds. So when the Securitize CEO stood on an ETHConf panel in New York on Tuesday and put a number on where real-world assets are heading, the room paid attention. His math:…

Wall Street
The USDC Company Wants Your Bitcoin Too: Circle Launches cirBTC and the Wrapped Bitcoin War Is On

Circle, the company behind the $60 billion-plus USDC stablecoin, launched cirBTC on Ethereum on June 8, 2026: a wrapped Bitcoin token backed 1:1 by native BTC held in segregated, regulated custody and verified in real time through Chainlink Proof of…

Wall Street
SBF Files for a Trump Pardon, FTT Jumps 50%, and Will it Work?

Sam Bankman-Fried formally applied for a presidential pardon from Donald Trump on June 8, 2026. The application is listed as pending with the U.S. Department of Justice’s Office of the Pardon Attorney under case number P338490. Bankman-Fried confirmed on Fox…

Wall Street
Bitcoin ETF Outflows Hit $1.7B+ and Strategy Just Bought Back 1,550 BTC: Is the Bottom Actually In?

Bitcoin’s daily RSI fell to 15.5 on June 7, the most oversold reading since the March 2020 COVID crash. Spot Bitcoin ETFs have bled more than $1.7 billion over four weeks of consecutive outflows, erasing the bulk of year-to-date institutional…