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Robbins Geller Rudman & Dowd LLP filed a class action lawsuit against Microsoft Corporation on Friday, on behalf of investors who suffered losses tied to the company's AI-related product failures.
According to a press release, the lawsuit targets Microsoft directly and names the company's Gemini AI assistant product as a contributing factor. The firm says the MSFT share price continued declining in the days following Microsoft's Q2 2026 earnings release.
What The Complaint Alleges
The filing centers on whether Microsoft made materially misleading statements about the performance and commercial viability of its AI products. Robbins Geller argues the market's reaction to the earnings report reflected undisclosed problems investors could not have anticipated.
The firm is soliciting lead plaintiff applications from institutional and retail investors with substantial losses during the class period. Under federal securities law, the lead plaintiff deadline is typically set 60 days from the date the action is filed.
Robbins Geller has prosecuted large securities class actions before. The firm obtained a $7.2 billion recovery in the Enron case and a $3 billion recovery in the WorldCom matter.
Also Read: Winter Is Over, Welcome Back To Crypto Spring, Standard Chartered Says
Background
Microsoft has leaned heavily on AI partnerships and product integration in its recent earnings communications. The company tied revenue growth projections to its Copilot suite and expanded Gemini integrations announced in early 2026. When Q2 2026 results landed below analyst consensus on AI-driven cloud metrics, the stock dropped sharply. That selloff forms the factual basis the complaint now relies on.
The lawsuit fits a wider pattern. AI governance and product liability claims against large technology firms have increased since early 2026, with regulators and plaintiffs testing the limits of disclosure requirements for AI-driven revenue forecasts.
Read Next: Polymarket Corners The World Cup Bet While Kalshi Quietly Wins Fees

Polymarket's World Cup winner market has drawn $2 billion in lifetime bets, while rival Kalshi spreads the same wager across 48 smaller books and pockets most of the fees.
Key Points:
Polymarket's single World Cup winner market holds $2 billion in volume, set against Kalshi's spread of 48 separate books.
Prediction markets cleared a record $31.2 billion in May, with Kalshi taking 58% of the flow.
Kalshi booked $137.86 million in May fees, nearly five times what Polymarket earned.
Polymarket Pools World Cup Cash
Traders have funneled $2 billion into Polymarket's tournament winner market, which carried $436 million in standing liquidity and turned over $137 million last Thursday, figures reported this week show. The platform's wider World Cup section now spans more than 330 active markets, and Thursday's flow alone nearly matched Kalshi's biggest book over its lifetime.
Kalshi runs the same event very differently. It has gathered $182.3 million across 48 separate contracts, and on the largest listed events Polymarket's lead stretches close to 11 to one. Both venues priced the football alike, with Spain the favorite at 17% and matching 5.56 times payouts on the leaders.
Also Read: Solana's RWA Story Faces Hard Test After SpaceX IPO Refund Scramble
Kalshi Banks The Bigger Fees
Polymarket wins the headline number, yet Kalshi quietly wins the money that matters. The regulated platform took 58% of the sector's record $31.2 billion in May, against Polymarket's 28%, pushing industry open interest to $1.3 billion.
Sports trading drove $10.44 billion of that flow, roughly 60 times what Kalshi's famous elections markets managed, while crypto added $2.02 billion. Fees tell the sharper story. Kalshi booked $137.86 million in May, against Polymarket's $28.07 million, a revenue gap of nearly five to one.
So the contest is breadth against depth, with Kalshi scattering cash over dozens of match-level books while Polymarket pools it in one giant tournament market. Outside analysts projected a $5 billion to $10 billion jump in consumer volume from the event, calling it a watershed for the young prediction sector.
World Cup Reshapes Prediction Bets
The football boom is not a passing tournament spike. Sports topped every category on Polymarket through 2026, claiming $6.20 billion of January's $14.34 billion before peaking in March at $8.77 billion of a record $19.58 billion month.
By this month total volume had slid about 70% to $5.91 billion, yet the sports share still climbed to 56.5%.
The shift runs deeper than one platform. Smaller venue Opinion saw sports swell to 99.4% of its activity by early June, while crypto bets there fell below $500,000. Crypto had led that same venue in January, when it cleared $729.52 million in a single week.
A year ago, elections and coin prices carried these markets. The World Cup did not just lift prediction trading, it replaced the very categories that built it.
Read Next: Monero Rally Fades As $400 Rejection Puts Bears Back In Control

AI Mythos od Anthropic nie znalazł żadnych poważnych błędów w Zcash (ZEC), jak powiedział jego założyciel, tygodnie po tym, jak czteroletnia luka wymusiła pilną poprawkę.
Kluczowe punkty:
Założyciel Zcash Zooko Wilcox powiedział, że audyt Mythos od Anthropic nie znalazł więcej poważnych błędów w protokole.
Shielded Labs poprosiło o przegląd po tym, jak błąd fałszerstwa Orchard wymusił pilną poprawkę w tym miesiącu.
Anthropic wycofało swoje modele Fable 5 i Mythos 5 w piątek w ramach amerykańskiego rozporządzenia o kontroli eksportu.
Mythos oczyszcza protokół Zcash
Założyciel Zooko Wilcox ogłosił wyniki w poście na X, dziękując Anthropic za pomoc i potwierdzając, że protokół wrócił do czystości. Shielded Labs, szwajcarska organizacja non-profit finansująca rozwój Zcash, zleciła przegląd i dostarczyła wytyczne, które prowadziły model. Zespół obiecał więcej szczegółów na temat ustaleń i przeglądu w późniejszej aktualizacji.

A potential peace deal between the United States and Iran could be finalized within 24 hours, with Bitcoin (BTC) hovering near $64,000 as traders weigh the outcome.
Key Points:
Pakistan's prime minister said a U.S.-Iran peace deal is likely within the next 24 hours.
The agreement would reopen the Strait of Hormuz and could lift U.S. sanctions on Iran.
Bitcoin held just below $64,000 as traders priced in lower oil and easing macro pressure.
Sharif Signals Imminent Deal
Pakistan's prime minister Shehbaz Sharif said the two sides stood closer to an accord than ever and expected to finalize it within a day. Prime minister, a central mediator in the talks, confirmed that Islamabad would move to an electronic signing right away. Technical-level talks would follow next week.
The optimism followed matching signals from both governments, with Iranian Foreign Minister Abbas Araghchi describing the Islamabad memorandum as never having been closer, even as he cautioned that nothing had yet been signed.
President Donald Trump had earlier said a deal was near and promised to name a time and venue soon. He later warned that the version made public was not what had been agreed.
The deal would reopen the Strait of Hormuz and lift the U.S. naval blockade at the vital oil chokepoint. It could also end Iran's nuclear threat, with Washington signaling it may ease sanctions if Tehran honors the terms. Even so, U.S. forces shot down several Iranian drones in the strait early Saturday, underlining how brittle the truce remains.
Also Read: Solana's RWA Story Faces Hard Test After SpaceX IPO Refund Scramble
Standard Chartered Calls Bottom
Lower oil prices sit at the center of the crypto case. Brent crude eased toward $87 a barrel and West Texas Intermediate slipped near $85 as the truce talk spread, easing the inflation pressure that had punished risk assets. A blockbuster SpaceX IPO this week added another swing factor, pulling some cash out of crypto and into the listing.
Standard Chartered read the swing as a turning point.
Analyst Geoffrey Kendrick argued that Bitcoin's slide to $59,000 marked the cycle bottom and the close of crypto winter. He kept his year-end target of $100,000 for the coin.
Kendrick laid out the markers he wants before calling an all-clear. He is watching for Strategy, the firm run by Michael Saylor, to report a fresh Bitcoin buy, and for U.S. spot Bitcoin ETFs to return to net inflows. Those funds have shed more than $5.7 billion since mid-May, as some holders sold to chase the SpaceX listing.
Bitcoin's path into the weekend caps a rough run for the asset. The coin set a record near $126,000 on Oct. 6, 2025, then sank 53% to a $59,000 low on Jun. 5 before recovering toward $64,000. That rebound now faces its next test as the peace talks reshape the macro backdrop.
Read Next: Monero Rally Fades As $400 Rejection Puts Bears Back In Control

Anthropic powiedziało, że amerykański nakaz zmusił je do wstrzymania dwóch modeli AI na granicy dla obcokrajowców, co uderzyło w handel związany z IPO przed jego realizacją.
Kluczowe punkty:
Anthropic powiedziało, że nakaz zmusił je do dezaktywacji Claude Fable 5 i Claude Mythos 5 dla obcokrajowców.
Firma powiedziała, że rząd powołał się tylko na ustne dowody na wąski jailbreak.
Perpetual kontrakt związany z Anthropic przed IPO podobno spadł o 3,7% do około $1,627.
Zamówienie Anthropic
Anthropic powiedziało, że rząd USA nakazał mu wstrzymanie dostępu do Claude Fable 5 i Claude Mythos 5 dla obcokrajowców, w tym pracowników obcokrajowców w firmie. Firma powiedziała, że nakaz dotarł o 17:21 ET 12 czerwca i zmusił ją do globalnego wyłączenia obu modeli w celu zachowania zgodności.

Solana (SOL) stock tokens faced a real-world supply test after SpaceX-linked demand overwhelmed xStocks’ ability to source underlying shares.
Key Points:
Binance Wallet’s SPCXx subscription window drew about $557 million in USDC from roughly 27,689 addresses.
Bybit, Binance Wallet and Bitget Wallet canceled campaigns after xStocks and its partners could not source enough SpaceX shares.
The episode showed that Solana’s speed does not remove off-chain custody, allocation and redemption risks.
Solana Stocks
SpaceX demand became an early stress test for tokenized equities on Solana, as investors rushed into SPCXx subscriptions that were designed to give exposure to the private company’s shares.
Binance Wallet’s campaign attracted about $557 million in USDC (USDC) from roughly 27,689 addresses.
The problem emerged outside the blockchain. xStocks and its sourcing partners could not secure enough underlying shares to meet demand, which led Bybit, Binance Wallet and Bitget Wallet to cancel allocations and issue refunds.
For public stocks, sourcing shares is usually more direct. Pre-IPO allocations are different because they can be limited, discretionary and subject to legal restrictions, lockups and investor eligibility rules.
The SpaceX campaign showed that a token interface does not guarantee inventory. Until shares are procured, held by a custodian or SPV, and tied to token supply, a subscription remains an intent to buy rather than settled ownership.
Also Read: Ethereum Tests Post-Quantum Wallet Path Without Protocol Changes
xStocks Bottleneck
The failure does not mean Solana’s RWA thesis is broken.
It means the weakest point sits between traditional finance and on-chain issuance, where providers must secure, custody and reconcile real shares before tokens can represent them.
Future offerings will need stricter controls. Hard caps should be linked to verified inventory, proof-of-asset reports should reconcile token supply with custodian records, and redemption terms should be clear before subscriptions open.
Investors should treat pre-IPO tokenized equity sales as capacity-constrained products.
The key questions are not only price and demand, but who holds the shares, what rights token holders receive and how refunds or redemptions work if allocations fail.
Solana’s recent tokenized stock growth remains notable. Near 97% of cumulative tokenized equities spot volume in May 2026, more than $2.8 billion in RWA value and over 200,000 tokenized stock holders, which explains why the SpaceX shortfall matters beyond one failed campaign.
Read Next: Anthropic Shuts Claude Fable 5 And Mythos 5 After US Government Order

Monero (XMR) spadł z powrotem w kierunku swojego długotrwałego poziomu $352 po ostrym rajdzie związanym z dużymi zleceniami rzekomo powiązanymi z ukrytymi funduszami.
Kluczowe Punkty:
Monero wzrósł o 16,6% 11 czerwca, a następnie chwilowo osiągnął $426 podczas piątkowego handlu.
Ruch ten nastąpił po dużych zamówieniach na Monero po wpłacie $120,2 miliona Tethera (USDT) na adres Tron (TRX).
Analitycy stwierdzili, że struktura krótkoterminowa pozostaje niedźwiedzia, chyba że XMR zdoła przekroczyć $437.
Rally Monero
Monero skoczył 11 czerwca po zysku 13,3% w ciągu poprzednich trzech dni, co przeniosło tę monetę prywatności do $390, według danych rynkowych cytowanych w raporcie.

Badacze Ethereum (ETH) zaproponowali SPHINCS-, projekt podpisu post-kwantowego, który mógłby pozwolić portfelom na weryfikację podpisów odpornych na kwanty wewnątrz EVM.
Kluczowe punkty:
SPHINCS- to schemat weryfikacji podpisów na etapie badań, stworzony dla bezpieczeństwa portfeli Ethereum.
Propozycja używa KECCAK256 zamiast standardowego SHAKE256, aby działać wewnątrz istniejącego EVM.
Jej wariant C13 jest wyceniany na około 127 000 gazu z podpisem o wielkości 3 704 bajtów.
Portfele Ethereum
Propozycja została opublikowana na Ethereum Research 12 czerwca i przypisuje autorstwo nicocsgy, z szczególnymi podziękowaniami dla Vitalika Buterina i innych współpracowników.

Anthropic disabled its two most powerful AI models, Fable 5 and Mythos 5, for every customer after a federal export control order targeting foreign nationals.
Key Points:
The US government issued an export control directive on Jun. 12 barring foreign nationals from both models.
Anthropic shut the pair for all users worldwide, while its remaining models stayed online.
The company disputes the order, calling the flagged jailbreak narrow and easy to copy elsewhere.
Anthropic Halts Fable 5
The directive reached the company at 5:21 p.m. ET on Friday and cited national security powers it did not detail, the lab said. Officials wanted foreign nationals blocked, including its own overseas staff. To comply, Anthropic killed both models for everyone.
The company said it cannot separate foreign users from the rest of its base in real time, which made a worldwide shutoff the cleanest path. The order came from Commerce Secretary Howard Lutnick, drafted with input from other officials. Access to all other Anthropic models stayed intact.
Also Read: Jeff Bezos Says AI May Not Kill Jobs As Prometheus Raises $12B
Fable 5 Jailbreak Disputed
The government's worry centers on a claimed way to slip past Fable 5's safeguards, according to the company. Anthropic said the technique amounts to asking the model to read a codebase and fix software flaws.
Engineers lean on that skill every day to defend live systems, the firm argued. It also noted that rival tools, including OpenAI's GPT-5.5, handle the same work without any bypass. Before launch, the lab said it had red-teamed Fable for thousands of hours and found no universal jailbreak.
Why The Order Matters
The move appears to be the first time a leading AI developer has taken a public model offline at federal request. That precedent could reshape how labs ship products and where they base their engineers.
Anthropic complied, then pushed back hard. Recalling a model used by hundreds of millions over one narrow flaw would, in its view, freeze new releases across the industry. The company apologized to customers and said it is working to restore access.
The shutdown lands days after a frantic stretch for the lab. Anthropic released Fable 5 on Jun. 9 as a guarded version of Mythos, which it previewed in April and kept inside a cybersecurity program called Project Glasswing. The rollout had already drawn complaints over token burn and a mandatory 30-day data retention rule before the order arrived.
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OpenAI's ChatGPT reached one billion monthly app users in May 2026. The figure comes from Sensor Tower estimates and marks the largest user base any AI application has ever reported.
According to Sensor Tower data, the milestone arrived alongside a measurable shift in public attitudes toward AI products. Consumer confidence in AI tools has softened even as raw usage numbers continue to climb.
A Divided Consumer Picture
One billion users is a headline number. But the data behind it is more complicated.
Public surveys in 2026 have recorded rising concern over AI accuracy, data privacy, and the speed of deployment. Users continue opening ChatGPT daily. Trust in what it outputs has grown more cautious.
Anthropic's Claude benefited from at least one major episode of ChatGPT-related backlash this year. When OpenAI faced criticism over policy or output issues, user acquisition at Claude accelerated. That dynamic suggests the two platforms are not simply growing together. They are competing for the same pool of engaged users.
OpenAI has not disclosed internal revenue or retention figures alongside the Sensor Tower estimates. The gap between monthly active users and genuinely retained, paying users remains an open question.
Also Read: OpenAI And Anthropic Could Turn SpaceX’s Record IPO Into The Warm-Up
The G7 Backdrop
The user milestone arrives days before a significant policy moment. Leaders from OpenAI, Anthropic, Google DeepMind, and Mistral AI are expected to attend the G7 summit in France next week.
Reuters reported on June 12 that French officials confirmed AI executive attendance as France shapes the agenda around AI governance and online safety.
The G7 is the highest diplomatic stage these companies have yet appeared on collectively. Their presence reflects how quickly the policy conversation around AI has moved into heads-of-state territory.
The agenda is expected to cover AI safety standards, compute access, and cross-border model deployment rules. No binding agreements are expected from the summit itself, but the conversations will shape regulatory direction in the major economies.
Also Read: Anthropic Seeks Google's Backing For Data Center Leases Before Wall Street Debut
Background
OpenAI crossed 400 million weekly users earlier in 2026, a figure the company disclosed publicly. The jump to one billion monthly app users by May represents continued rapid scaling.
Anthropic released its Claude Fable 5 model on June 9 paired with a safety-constrained Mythos model. The dual release was notable for its explicit safety documentation. Anthropic has also called publicly for tougher AI regulation, including mandatory government testing of the most powerful models, independent audits, and emergency powers to pause deployment if risks escalate.
That regulatory posture has positioned Anthropic differently from OpenAI in public perception. As ChatGPT's user base grows, the narrative tension between scale and responsibility is becoming the defining public debate in AI.
Also Read: SpaceX IPO Turns 4,400 Employees Into Millionaires Overnight
What To Watch
The G7 summit next week is the most immediate milestone. Statements from AI executives in a diplomatic setting carry more formal weight than conference keynotes.
Anthropic's proposal for an industry-wide AI tax to fund worker displacement programs is also in active public discussion. That idea has not attracted unified support from the industry, but it is now on the table at precisely the moment major governments are designing their own frameworks.
For OpenAI, the one billion user number is a useful metric for fundraising conversations. The company is in ongoing capital discussions. A billion monthly users supports any valuation argument the company makes in those rooms.
Read Next: Jeff Bezos Says AI May Not Kill Jobs As Prometheus Raises $12B

SpaceX completed a record stock market debut this week, leaving investors to weigh whether artificial intelligence labs OpenAI and Anthropic can outshine it once they list.
Key Points:
SpaceX priced its IPO at $135 a share, valuing the rocket maker near $1.77 trillion.
OpenAI and Anthropic have filed confidential drafts but set no dates, tickers or prices.
The three offerings could pull roughly $200 billion from public markets in 2026.
SpaceX Sets $1.77 Trillion Mark
SpaceX priced its offering at a fixed $135 a share for 555.6 million shares, according to market reports, and began trading on the Nasdaq under the ticker SPCX. The roughly $75 billion raise values the company near $1.77 trillion, well above the $780 billion that some analysts had called fair. That figure ranks as the largest U.S. listing on record.
OpenAI and Anthropic took the opposite path on disclosure, each submitting a confidential draft registration in early June that signals intent without locking in a date, ticker or price. Anthropic announced its draft on Jun. 1, days after closing a $65 billion round at a $965 billion valuation, with OpenAI following a week later.
Also Read: Jeff Bezos Says AI May Not Kill Jobs As Prometheus Raises $12B
Pure-Play AI Lures Demand
The case for the labs rests on what investors cannot yet buy.
For years, money managers reached AI through proxies like chipmakers and cloud platforms, and a direct stake in a frontier lab would unlock demand from the roughly $8 trillion parked in U.S. money market funds. Anthropic reported a $47 billion revenue run rate in May, while OpenAI carried an $852 billion valuation after closing a $122 billion funding round in March.
Supporters argue these are real businesses, not hollow promises, since subscriptions and enterprise contracts already produce steady cash. Revenue, not promise, is the difference.
Supply Raises Red Flags
Skeptics see a flood of stock rather than a windfall. Capital Economics estimates that wider free floats could push about $750 billion in fresh equity onto the market, and it found that issuance surges have tracked the late stages of past booms. Only 4% to 5% trades at launch, capping early index weight.
Commentators have also cautioned](https://www.bloomberg.com/opinion/articles/2026-06-12/spacex-anthropic-openai-ipos-are-a-red-flag-for-stock-market-s-future) that absorbing three giant listings in quick succession is rare for any market. SpaceX adds a wrinkle, since it ranks as AI-adjacent rather than a pure lab, with rockets, satellites and Starlink driving most of its $18.7 billion in 2025 revenue and artificial intelligence arriving only through its xAI purchase.
Recent history shows how strong the pull has been. Cerebras, an AI chipmaker, opened about 89% above its offer price in its May debut. That reception set the tone for the listings now lined up behind it, in what could become a record year for U.S. IPOs, with the three deals alone capable of drawing about $200 billion.
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Dla spawaczy, tokarzy i inżynierów startowych, którzy wymienili lata poniżej rynkowych płac na akcje SpaceX, piątek był dniem, w którym zakład się opłacił. Rekordowy debiut rynkowy firmy ma przekształcić ponad 4,400 obecnych i byłych pracowników w milionerów, daleko wykraczając poza swojego założyciela.
Kluczowe punkty:
Oczekuje się, że ponad 4,400 pracowników i absolwentów osiągnie status milionera.
Około 400 z nich ma szansę posiadać udziały warte ponad 100 milionów dolarów każda.
Wartość oferty publicznej wynosząca 75 miliardów dolarów plasuje się jako największa IPO w historii.
Zakład Longa Muellera

Standard Chartered’s Geoffrey Kendrick said the crypto market has likely already seen the low for the current cycle, arguing that Bitcoin’s (BTC) fall to $59,000 may mark the end of the latest downturn as macro and institutional catalysts begin to turn more constructive.
“I think we have now seen the low in crypto asset prices for the cycle,” Kendrick wrote in a note Friday. “That would be USD59k for BTC.”
Kendrick said two developments could help confirm that view: a possible U.S.-Iran peace deal linked to the G7 and the SpaceX initial public offering. He said a peace deal, if confirmed, could reduce pressure from higher oil prices and U.S. Treasury yields, while the SpaceX IPO may ease recent selling pressure from spot Bitcoin exchange-traded funds.
“Winter is over. Welcome back to crypto Spring,” Kendrick wrote.
ETF Flows Become Key Test For Bitcoin Recovery
Kendrick said recent weeks had seen some of the sharpest selling in U.S. spot Bitcoin ETFs since their launch. He cited anecdotal evidence that some Bitcoin ETF holders had been selling to free up cash for the SpaceX IPO.
The next confirmation points, according to Kendrick, are whether Strategy, formerly MicroStrategy, announces another Bitcoin purchase on Monday, whether Bitcoin ETFs post a positive inflow day, and whether oil prices continue to move lower.
Bitcoin was trading around $63,700, up 1.2% at the time of publication.
According to Iliya Kalchev, analyst at Nexo’s Dispatch, spot Bitcoin ETFs were heading for a fourth consecutive week of outflows. However, the pace had slowed to $401.7 million so far this week from $1.72 billion in the prior week.
That slowdown, Kalchev said, was “an early signal worth noting.”
“If the Iran deal is confirmed this weekend, the first meaningful test will be whether ETF flows reverse,” Kalchev said. He added that the institutional bid behind Bitcoin’s April recovery had been built on similar macro relief.
Iran Deal Hopes Shift Macro Backdrop
The market’s improved tone came as investors weighed reports of progress toward a U.S.-Iran peace deal. Kalchev said Brent crude had fallen to around $86.50, a two-month low, as hopes grew that a deal could include the reopening of the Strait of Hormuz, the lifting of U.S. oil sanctions and the release of frozen Iranian funds.
A sustained decline in oil prices would matter for crypto because lower energy prices could reduce inflation pressure and ease the upward pressure on bond yields. Kendrick framed that as one of the key conditions needed for the Bitcoin low to hold.
Also Read: Crypto Hack Fears Grow Around Anthropic’s Possible Claude Fable Release
Kalchev said a confirmed Iran deal would be “the single most significant macro development since the conflict began,” because it could unwind the oil premium, ease inflation expectations and potentially reverse institutional outflows from crypto products.
Options positioning also suggested that institutional investors were not preparing for an immediate spike, but for a gradual recovery. Kalchev said institutional options structures this week were designed for maximum profit if Bitcoin settles near $75,000 by the end of July.
“The $60,000–$65,000 range remains the near-term reference zone, with the 200-week moving average at around $61,000 providing the structural floor,” Kalchev said.
Analysts Still Want Stronger Spot Demand
Not all analysts are treating the recovery as confirmed. Shawn Young, chief analyst at MEXC Research, said Bitcoin still needs stronger spot buying before the market can establish a durable floor.
“Bitcoin is moving through a late-stage correction, and Glassnode’s capitulation framework looks directionally right,” Young said. “Demand is the weak point.”
Young said part of the recent decline appeared to reflect forced selling from leveraged positions. He said ETF flows and U.S. trading activity should be watched first for signs of demand returning.
“The real test is whether buyers are willing to absorb supply around current levels,” Young said.
Young identified $60,000 as the key near-term level. Holding that area would suggest buyers are beginning to defend the market, while a failure to improve demand could leave Bitcoin vulnerable to a move toward $53,000 to $54,000.
He said he would be more comfortable with a recovery once Bitcoin moves back above $65,000, then holds above $70,000 with real spot buying behind it. A return to the $76,000 to $82,000 range, he added, would make the market look repaired after the correction.
Also Read: Sam Bankman-Fried Petitions Trump For Pardon Over $10B FTX Downfall

Akcje SpaceX stają w obliczu nowych wątpliwości co do wyceny po tym, jak analitycy z Morningstar stwierdzili, że SPCX może spaść w kierunku 63 dolarów, mimo że popyt na IPO pozostaje silny.
Kluczowe punkty:
Morningstar oszacował wartość godziwą dla SPCX na 63 dolary, znacznie poniżej proponowanej ceny IPO wynoszącej 135 dolarów.
Popyt na IPO SpaceX podobno przekroczył 350 miliardów dolarów, według Waltera Bloomberga.
Niektórzy analitycy pozostają bycze, z celem cenowym na poziomie 190 dolarów związanym z historią wzrostu SpaceX w obszarze kosmosu i AI.
Wycena SpaceX
Analitycy z Morningstar wątpią w wycenę SpaceX po tym, jak jedno z najbardziej śledzonych IPO roku przyciągnęło duże zainteresowanie ze strony inwestorów instytucjonalnych i detalicznych.

Górnicy Bitcoina (BTC) weszli w fazę kapitulacji, z marżami zysku poniżej 5%, co, według traderów, oznaczało wcześniejsze dna rynku.
Kluczowe Punkty:
Górnicy Bitcoina weszli w fazę kapitulacji obecnego rynku niedźwiedzia.
Marże wydobycia spadły poniżej 5%, poziomu historycznie powiązanego z akumulacją.
Jeden trader wciąż oczekuje głębszego dołka, zanim cykl się odwróci.
Górnicy Bitcoina w Fazy Kapitulacji
Dane on-chain udostępnione w tym tygodniu wskazują na rosnące napięcia w sektorze wydobywczym, z kilkoma wskaźnikami wskazującymi poziomy ostatnio widziane przy poprzednich minimach cyklu.

Stablecoins reached a record near $320 billion in supply during May, even as their trading on centralized exchanges sank to the lowest level since 2023.
Key Points:
Stablecoin supply set a record near $320 billion in May, a fourth straight monthly high.
Trading on centralized exchanges fell 4.13% to $883 billion, the softest since November 2023.
Tether and USD Coin anchor most of the float, deepening reliance on two issuers.
Stablecoin Supply Sets $320B Record
The total stablecoin market cap climbed to about $320 billion in May, its fourth consecutive monthly record, even as broader crypto prices drifted lower, media reported. Volume on centralized exchanges moved the other way. Stablecoin turnover there fell 4.13% to $883 billion, the weakest reading since November 2023, with Tether (USDT) at 73.7% of the flow.
Supply is rising even as fewer dollars churn through exchange order books. That split points to stablecoins increasingly held as collateral, treasury cash, and settlement rails rather than pure trading fuel.
Also Read: Bitget Clears Argentina Regulator, Adding Another Latin America Market
Why USDT, USDC Dominate
The gap traces partly to thinner derivatives trading, where average monthly volume across the top 11 centralized perpetual venues dropped 34% in early 2026, CoinGecko tracked. Those venues averaged $4.69 trillion a month, down from $7.11 trillion across 2025. Decentralized rivals gained ground, averaging $611.57 billion a month as traders drifted away from centralized books.
A DeFiLlama snapshot placed Tether near $187 billion and USD Coin (USDC) around $75 billion, leaving USDT dominance close to 59% and the pair in command of most of the market. Compliance regimes such as Europe's MiCA favor issuers with audited reserves and deep bank ties, steering exchanges, fintechs, and payment partners toward the two largest names.
Stablecoins Move Past Trading
Within the top ten, the gains ran uneven, with Ethena's USDe (USDe) climbing 18.2% to $4.50 billion. PayPal's PYUSD (PYUSD) dropped 9.31% to $3.05 billion over the same stretch. Tether's own supply slipped 0.69%, marking its first monthly decline in three months.
The shift suggests holders are parking dollars rather than churning them, with more supply sitting as collateral in lending markets, as treasury cash, and as rails for payroll and cross-border payments. Those balances tend to stay put for weeks at a time, lifting total supply without surfacing as exchange turnover.
The float has grown through the downturn regardless, expanding nearly 49% in 2025 to close the year near $311 billion. That climb held even as Bitcoin (BTC) slid from its October 2025 high and equities outran crypto for much of the stretch. May's record simply extended that streak, with token prices still sliding into June.
Read Next: Jeff Bezos Says AI May Not Kill Jobs As Prometheus Raises $12B

Michael Saylor bronił Strategii po jej rzadkiej sprzedaży Bitcoina (BTC), która wywołała krytykę podczas ostrej korekty rynku.
Kluczowe punkty:
Strategia sprzedała 32 BTC między 26 maja a 31 maja za około 2,5 miliona dolarów.
Bitcoin spadł o prawie 15% od ujawnienia 1 czerwca, podczas gdy akcje MSTR spadły o 24%.
Saylor powiedział, że nigdy nie obiecywał, że firma nigdy nie sprzeda Bitcoina.
Sprzedaż Bitcoina Saylor'a
Saylor odniósł się do kontrowersji na konferencji BTC Prague, gdzie powiedział, że jego komunikat „nigdy nie sprzedawaj” był skierowany do indywidualnych posiadaczy Bitcoina, a nie do Strategii jako spółki publicznej.

Jeff Bezos said AI will not erase U.S. jobs, arguing the technology could cut working hours as his startup Prometheus reached a $41 billion valuation.
Key Points:
Bezos said AI could create labor scarcity rather than mass unemployment.
Prometheus raised $12 billion in a Series B round, Axios reported.
Public concern remains high as layoffs tied to AI continue across industries.
Bezos AI View
Bezos rejected a central fear in the AI debate, saying the technology is more likely to lift productivity than destroy the labor market.
The Amazon founder made the comments to CNBC as Prometheus, his physical AI venture, announced a $12 billion Series B raise at a $41 billion valuation, according to Axios.
He said many forecasts are too bleak. In his view, automation could make labor scarcer because workers may choose shorter weeks, less overtime or single-income households.
“A lot of people who, for example, today have two-earner households, perhaps one of those earners will choose not to be in the job market, so they’ll become a one-earner household. Maybe some people who are working overtime will stop working overtime, because they don’t want to work overtime,” he said.
Prometheus launched in November with $6.2 billion in backing. Bezos serves as co-CEO with Vik Bajaj, who previously co-founded Verily, an Alphabet subsidiary.
Also Read: Will SpaceX IPO Steal Bitcoin’s Next Rebound?
Prometheus Funding
Prometheus employs about 150 people and builds AI tools for engineering and manufacturing physical products. The round included JPMorgan, Goldman Sachs, BlackRock, DST Global and Arch Venture Partners, while Bezos also invested.
The valuation is four times the company’s launch figure. That jump shows investors are still willing to fund capital-intensive AI companies, even as concern over workplace disruption grows.
A recent Pew Research Center survey found that half of U.S. adults feel more concerned than excited about AI in daily life. BeInCrypto has also reported on layoffs linked to AI adoption.
The debate has widened through 2026 as companies test AI systems for coding, customer service, research and operations. Earlier fears focused on office work, but Prometheus points to a broader question, whether AI will reshape physical industries as quickly as software.
Read Next: Bitcoin's $53,600 Bottom Looms As ETF Money Keeps Rushing Out

Bitget zarejestrował się w Argentynie jako dostawca usług aktywów wirtualnych, rozszerzając listę regulowanych rynków giełdy w Ameryce Łacińskiej.
Bitget przechodzi przez argentyński rejestr
Giełda zakończyła swoje notowanie pod Narodową Komisją Papierów Wartościowych, znaną jako CNV, w rejestrze regulatora dla dostawców usług aktywów wirtualnych. Ten status czyni firmę zobowiązaną przed Argentyńską Jednostką Informacji Finansowej. Taka klasyfikacja łączy ją z obowiązkami związanymi z przeciwdziałaniem praniu pieniędzy i finansowaniem terroryzmu, nadzorowanymi przez tę jednostkę oraz inne organy.

Binance Wallet drew $557 million into a tokenized SpaceX IPO subscription as investors sought exposure to the aerospace company’s planned Jun. 12 listing.
Key Points:
The SpaceX-linked subscription attracted $557 million from 27,689 wallet addresses.
Allocations are not guaranteed, and applicants may receive full, partial or no SPCXx tokens.
The tokenized product tracks IPO-linked price exposure, but it does not give holders SpaceX shareholder rights.
Binance SpaceX
Binance Wallet’s first tokenized IPO campaign brought in $557 million in subscriptions as SpaceX prepared to go public on Jun. 12.
The campaign centered on SPCXx, a tokenized product from xStocks that is designed to mirror SpaceX’s performance if the company completes its public listing.
Binance said the campaign was part of its new IPO program, which aims to connect traditional equity offerings with blockchain-based investment infrastructure. Participation was broad, but the funding was uneven across investor sizes. More than 81% of wallets committed $20,000 or less, though those accounts provided less than one-fifth of the total capital.
Wallets subscribing between $20,000 and $100,000 accounted for nearly 17% of participants and almost 58% of committed funds. Another 114 addresses each pledged at least $500,000, together representing more than 10% of subscribed capital.
Also Read: Will SpaceX IPO Steal Bitcoin’s Next Rebound?
SPCXx Allocation
The subscription opened on Jun. 11 and closed on Jun. 12, after which allocation calculations began. Applicants had to lock USD Coin (USDC) until final distribution results were completed.
Binance said not every applicant would receive SPCXx tokens. Final allocations will be determined by the issuer and underwriter, based on demand and issuance arrangements.
Applicants may receive a full allocation, a partial allocation or no tokens.
Binance said unsuccessful users would be notified and refunded in full after allocations are completed.
The minimum subscription was 100 USDC, while the reference token price was 135 USDC before fees. Successful allocations carry a 5% underwriting charge, and the offering used an implied SpaceX valuation of $1.75 trillion.
SPCXx holders receive exposure to price movements linked to the SpaceX IPO, but they do not own SpaceX equity, voting rights, dividends or other shareholder rights.
The campaign followed Binance’s launch of pre-IPO perpetual futures tied to SpaceX before the listing connected to Elon Musk’s company.
Read Next: Bitcoin's $53,600 Bottom Looms As ETF Money Keeps Rushing Out