The combination of rising leverage and lagging depreciation has caused risks to spread from off-balance-sheet to the credit system.

Shiba Inu (SHIB) rose 12.6% over the previous week and gained 1.8% in the last 24 hours, but it is still struggling to reclaim the $0.000005 level. According to NS3.AI, the move was based on CoinGecko data tracking SHIB’s recent performance.

SpaceX, US stock, xStocks' SpaceX IPO saw a massive reduction in allocations, which is not a sign of disrespect for the cryptocurrency market. Golden Finance reports that this isn't the first time the core underwriting syndicate has changed allocations at the last minute.

The global cryptocurrency market cap now stands at $2.18T, up by 1.46% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $63,045 and $64,394 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $63,822, up by 0.08%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include RIF, NOT, and AXL, up by 45%, 20%, and 15%, respectively. Top stories of the day: Bitcoin News Today: BlackRock's Bitcoin Income ETF Could Launch June 18 — Form 8-A Filing Signals Imminent Debut Bitcoin News: Bitcoin Holds Steady at $63,000 — Stability Itself May Be the Signal World News: Iran Denies Sunday Geneva Signing Date — Pushes Back Hard on Trump's "Final Agreement" Claims SpaceX's Stock Market Debut: A Coin Flip for Crypto, With History Offering a Warning Sam Bankman-Fried's Appeal Fails — Fraud Conviction and 25-Year Sentence Upheld Crypto News: CoinDesk 20 Edges Down 0.3% as Market Splits — NEAR Leads Gains, Ethereum Lag Market movers: NVDAB: $205.83 (-0.20%) SPCXB: $168.5 (+5.31%) TSLAB: $404.21 (+0.40%) MUB: $986.4 (-0.31%) SNDKB: $1997.99 (+5.00%) ETH: $1673.97 (-0.37%) BNB: $603.66 (-0.48%) XRP: $1.1431 (-0.42%) SOL: $67.42 (+0.27%) TRX: $0.316 (+1.02%) Top gainers on Binance: RIF/USDT (+45%) NOT/USDT (+20%) AXL/USDT (+15%)

On the opening day of the world's largest IPO, crypto platforms experienced a quota incident.

Predictions, Polymarket, Market Trends, Were Crypto Retail Investors "Dumped" by SpaceX? Golden Finance: What have KOLs on SpaceX been talking about in the past 24 hours?

A small sale by Strategy raised questions about Michael Saylor’s long-held “never-sell” stance on its bitcoin holdings as risk assets recovered. In broader markets, easing fears around Iran and a strong SpaceX debut helped lift sentiment, according to CoinDesk, supporting a rebound across risk assets.

Madis Muller, who just ended a seven-year term as governor of Estonia’s central bank, is preparing to volunteer in the police’s criminal-investigations unit. According to Bloomberg, the move would mark a shift from leading the central bank to working in law enforcement.

Marc Andreessen, co-founder of a16z, published a lengthy satirical post on X discussing AI regulation through two opposing narratives. According to Odaily, the post contrasts arguments against AI regulation with arguments supporting it, using exaggerated language and irony. In the narrative opposing AI regulation, Andreessen portrays regulation as a force that suppresses innovation, potentially stifling garage startups, weakening Silicon Valley’s ecosystem, increasing compliance burdens, and limiting the development of AI and computing infrastructure. He also mocks the idea by suggesting that if U.S. AI regulators had constrained previous generations, they would have banned horse-drawn carriages. In the narrative supporting AI regulation, Andreessen uses irony to describe how regulatory systems could bring order, safety, and an expanded industrial compliance framework, including a large-scale compliance industry, strengthened government oversight frameworks, and social redistribution mechanisms. Odaily reported that Andreessen did not present a single conclusion in the post, instead emphasizing a long-term structural conflict between “innovation freedom” and “safety governance.” Separately, Anthropic said the U.S. government issued an export control directive on national security grounds requiring the suspension of all access by any foreign entity to the AI models Fable 5 and Mythos 5, regardless of whether the person is in the United States, including Anthropic employees who are foreign citizens.

Market sources reported that India’s pollution regulator found groundwater near farmland had been polluted by an iPhone components factory operated by Tata Group for Apple. According to Jin10, the report did not provide further details on the location, timing, or the scope of the alleged contamination.

Taking contracts offline is not just a matter of documentation; it is an essential part of security control.

Anthropic's latest models, Fable 5 and Mythos 5, are embroiled in controversy again.

After more than two decades of waiting, Musk has finally brought SpaceX to the capital market.

Due to a significant reduction in retail allocations, xStocks' upstream underwriters were unable to deliver the full amount of SpaceX's underlying shares to participating platforms. Consequently, several exchanges that partnered with xStocks, including Bybit and Binance, announced that they were unable to complete the settlement and would have to issue collective refunds.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse 8 AM," issue 3088, providing you with the latest and fastest news on the digital currency and blockchain industry.

SpaceX’s long-term value lies not only in its three current businesses, but also in the emerging industries it may initiate.