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Binance has canceled its SpaceX IPO offering event (SPCXx IPO) and announced a compensation plan for participants. In a post on its official X account, Binance Wallet stated that all USDC deposited during the event will be refunded. Additionally, a total of $1 million worth of SpaceX stock tokens (SPCXB) will be airdropped to participants based on their contribution amount. The SPCXB token is pegged 1:1 to SpaceX shares, with the underlying stock held by a regulatory-compliant custodian that provides proof of reserves. Other exchanges, including Bybit, Bitget, and MEXC, which had also offered the stock tokens ahead of SpaceX's planned Nasdaq listing, have also begun canceling allocations and processing refunds. The move comes after xStocks, a stock token trading platform under Kraken, failed to supply the underlying assets.

Brazil's Chamber of Deputies' Finance and Taxation Committee (CFT) has approved a bill to strengthen penalties for cybercrime and allow for the freezing of cryptocurrency balances of individuals under investigation, local media outlet Livecoins reported. The legislation increases the maximum prison sentence for cybercrime from eight to 10 years and empowers courts to order the freezing of assets in suspects' exchange and bank accounts. The bill will now be referred to the Constitution and Justice Committee (CCJ) for further review, with a final decision expected within days.

Ondo Finance (ONDO) announced via its official X account that it has tokenized shares of SpaceX (SPCX) on Solana, Ethereum, and BNB Chain on the stock's first day of trading. SpaceX went public on June 12, with its shares rising 19% to push its market capitalization over $2 trillion, making it the sixth-largest company in the U.S. First-day trading volume reached approximately $80 billion. Ondo Finance's tokenized version of the stock, SPCXon, is available for trading on Ondo Global Markets.

The U.S. military has shot down multiple Iranian one-way attack drones over the Strait of Hormuz, Reuters reported, citing sources. The sources said the drones posed a threat to commercial shipping.

An early Hyperliquid (HYPE) investor address starting with 0x0E8b deposited 576,148 HYPE, worth $35.28 million, to Coinbase seven hours ago, according to Onchain Lens. Deposits to exchanges are typically interpreted as a precursor to selling. The address is estimated to have realized profits of more than $44.34 million.

The Crypto Fear & Greed Index, by CoinMarketCap's own measure, is at 18, up two points from yesterday. This keeps the market in a state of 'Extreme Fear.' The index indicates extreme market fear as it approaches 0 and extreme optimism as it approaches 100. CoinMarketCap calculates the index based on factors including the price movements of the top 10 cryptocurrencies by market capitalization, market volatility, derivatives market data such as put/call ratios, the Stablecoin Supply Ratio (SSR), and the platform's own search data.

The spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot trading pair. The top portion displays a Volume Heatmap, while the bottom shows the CVD. - The Volume Heatmap at the top tracks the scale of trading volume at specific price levels. The background color becomes brighter when the price lingers in a certain range or moves significantly. Brighter areas may act as potential support or resistance levels. - The Cumulative Volume Delta (CVD) indicator at the bottom represents buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. For example, the yellow line tracks orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million.

The U.S. Commodity Futures Trading Commission (CFTC) has sued the state of New Mexico, claiming it has sole jurisdiction to regulate prediction markets, Cointelegraph reported. The lawsuit comes after New Mexico took steps to regulate the markets independently. Currently, 16 U.S. states are in conflict with the federal government over who holds regulatory authority.

Bitcoin is not merely an investment vehicle but a tool for financial freedom and survival that protects individuals' savings from government overreach and inflation, according to Martin Kuchař, founder of Europe's largest Bitcoin-only conference, BTC Prague. Speaking at the ongoing BTC Prague 2026 event in the Czech capital, Kuchař drew on the country's history of having private property confiscated under a past communist regime. "We felt and understood it firsthand," he said, adding that people today are learning directly about how communism "ruins everything." Kuchař asserted that Bitcoin is a means that can save lives, people, and property.

SpaceX (SPCX.O) surged 19% on its first day of trading on the Nasdaq on June 12, with its market capitalization surpassing $2 trillion to become the sixth-largest company in the U.S. After trading began late in the morning, the stock remained relatively stable, fluctuating between 15% and 30% above its June 11 IPO price for most of the session and closing at approximately $161, though the final settlement price has not yet been confirmed. Trading volume for the day exceeded 500 million shares, with a total value of around $80 billion. The successful debut came amid concerns that a wave of new listings, including anticipated large-scale IPOs from Anthropic and OpenAI, could strain the market after a prolonged drought. However, a diverse range of investors, from major institutions to Elon Musk's personal fanbase, showed positive sentiment at the market close. Dan Coatsworth, head of market at British investment platform AJ Bell, noted that SpaceX not only broke records for its IPO size but also significantly outpaced other large companies. He described it as impressive that the company added so much to its market cap so quickly, given its valuation was already near $2 trillion at the start.

The three major U.S. stock indices closed higher today. - S&P 500: +0.50% - Nasdaq: +0.31% - Dow Jones: +0.70%

Pro-cryptocurrency U.S. Senator Cynthia Lummis said the CLARITY Act will provide certainty for developers, protection for investors, and integrity for the cryptocurrency market, according to Cointelegraph.

Security firm Quantstamp has released its investigation report on the Humanity (H) token security incident that occurred on June 8. According to the report, the hacker gained remote access to an executive's device through a phishing attack, stealing wallet data and private keys. This allowed them to upgrade the H token contract and move approximately 141.18 million tokens. The attackers also seized proxy administrator privileges on the BNB Smart Chain to mint additional H tokens. Quantstamp explained that the tools and certificate signing patterns found in the attack exhibit the typical characteristics of hacking linked to North Korea (DPRK).

BIT (formerly Matrixport) suggested in a report that the Bitcoin bear market has entered its final stage and could bottom out during the 2026 FIFA World Cup, which runs from June 11 to July 19. The report noted that a combination of technical patterns, weak market sentiment, and easing inflationary pressures could pave the way for a rebound after several months of decline, identifying a potential support level at $61,576. The core issue is inflation, the report analyzed, adding that a situation similar to the slowing inflation of 2022, which helped form a cyclical bottom, may be necessary this time. BIT highlighted that it could take one to three months for the market to show a definitive reversal but suggested the opening whistle of the World Cup may have marked the beginning of the current cycle's final chapter.

The U.S. and Iran are very close to an agreement to resolve their conflict, with a signing expected within days, a senior U.S. official said on June 12, according to Reuters. "The negotiating team has put us in a very advantageous position, but we have not yet reached a complete agreement," the official said, adding, "However, we are very close." The official explained that the agreed-upon terms achieve President Donald Trump's core objectives and that a memorandum of understanding (MOU) includes the reopening of the Strait of Hormuz and the lifting of the U.S. blockade on Iranian ports. Additionally, Iran's highly enriched uranium is scheduled to be destroyed locally before being shipped out of the country. The official added that Iran would not gain anything from simply signing the MOU or from the negotiations themselves. Iran will only receive economic compensation after fulfilling the obligations specified in the agreement. According to the official, if Iran hands over its nuclear material as promised, it will receive a corresponding reward, and it will receive further compensation if it dismantles its nuclear program or facilities.

Bitget Wallet has announced it will be unable to distribute its tokenized SpaceX IPO shares to users as scheduled. The platform will issue a full refund in USDT, covering both the principal and a 5% fee, to participants' Solana addresses. As compensation, all participants will also receive an airdrop of GetGas equivalent to 10 USDT, which can be used to cover gas fees for stock trading in July. Bitget Wallet added that it plans to continue expanding its tokenized stock IPO business and will automatically grant priority access to future offerings for users who participated in this one.

SpaceX (SPCX.O) is extending its gains, surging 30% to trade at $176.4. The company's market capitalization has reached $2.3 trillion.

Dogecoin (DOGE) has surged over 6% amid the opening of SpaceX's IPO trading on Nasdaq. According to CoinMarketCap, the token is currently trading at $0.08882, up 5.1%.

Bloomberg ETF analyst James Seyffart told CoinDesk in an interview that most Bitcoin ETF investors are maintaining their positions despite recent fund outflows. He noted that the cryptocurrency market is under pressure as Bitcoin hovers around $60,000 amid sustained ETF withdrawals. According to Seyffart, approximately $9 billion has exited Bitcoin ETFs since their recent peak. However, he pointed out that despite this downturn, cumulative net inflows since the launch of these ETFs still exceed $50 billion. Seyffart explained that this trend is consistent with past ETF cycles, where strong inflows are often followed by corrections and outflows. He stated that ETF products are designed to provide liquid investments, making buying and selling a normal part of market activity. He described a pattern of taking a few steps forward and then a few steps back as healthy for an emerging asset class. He added, however, that it is true that interest in artificial intelligence (AI) and space-related investments is diverting capital and attention from cryptocurrencies. Seyffart observed that data centers, AI, and space-related investments have become major topics across financial markets. While difficult to quantify, he believes these themes are in direct competition with crypto for investment funds.

Binance has announced the cancellation of the SPCX x IPO event on its wallet. Accordingly, funds will be fully refunded to users' wallets through their original payment methods. The exchange also plans to airdrop a total of $1 million worth of bStocks SpaceX tokens (SPCXB). The airdropped SPCXB will be automatically credited to participants' accounts by June 18.

Cryptocurrency data provider Blockworks has acquired its competitor Messari, The Wall Street Journal reported. The deal is valued at over $10 million. Messari was previously valued at around $300 million during its Series B funding round in 2022. The acquisition follows an internal management change and restructuring at Messari. Following the deal, Messari CEO Diran Li will join the Blockworks management team.

SpaceX officially listed on June 12, opening at $150 per share with a market capitalization of $2 trillion. While the opening price was below the expected range of $170 to $175, it was significantly higher than the initial public offering price of $135. Driven by the surge in SpaceX's valuation, Elon Musk has become the world's first person with a net worth exceeding $1 trillion. According to reports, Musk's fortune is estimated to have surpassed $1.1 trillion, a figure comparable to the gross domestic product (GDP) of Switzerland, the world's 20th-largest economy.

Zimbabwe has introduced its first specific regulations for the cryptocurrency industry, mandating that companies register annually and pay a fee, Reuters reported. Under the new rules, firms involved in crypto trading, transfers, and custody must register with the Financial Intelligence Unit (FIU) each year. The annual registration fee is set at $500, and operating without a license will be considered a regulatory violation. Previously, the industry had operated in a legally ambiguous area.

SpaceX opened at $150 on the first day of its U.S. stock market initial public offering (IPO). The offering price was $135 per share.

Standard Chartered (SC) has declared that the crypto winter is over, Decrypt reported. SC analyst Geoff Kendrick explained that Bitcoin's recent drop to nearly $59,000 was the most severe period of the crypto winter, representing a 53% decline from its October peak of $126,000. He stated that the lowest point for cryptocurrencies is now in the past and the winter has ended. Kendrick added that a potential peace agreement between the U.S. and Iran, along with SpaceX's historic IPO, are expected to serve as catalysts for the crypto market, which has been sluggish in recent months.