June 16, 2026
Bitcoin

Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst

The cryptocurrency market reached its definitive bottom for the currency cycle, Standard Chartered Analyst Geoffrey Kendrick said in a note on Friday. The cycle low is now locked in at $59,000 for bitcoin, a 53% drop from its Oct. 6 all-time high of $126,000, according to Kendrick. “Winter is over. Welcome back to crypto Spring,

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Crypto

Coinbase eyes financial super app in next phase of expansion

Coinbase has unveiled the next stage of its expansion strategy, with plans to combine trading, lending, payments, derivatives, and AI-powered services into a single financial platform. Summary Coinbase will unveil the next phase of its “Everything Exchange” strategy on June 16. New products span AI trading agents, prediction markets, stocks, lending, and DeFi services. Bernstein

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Bitcoin

Standard Chartered Calls Crypto Bottom As Bitcoin Price Recovers From $59,000 Low

Standard Chartered’s head of digital asset research, Geoff Kendrick, declared Friday that the crypto market has seen its cycle low, with Bitcoin’s recent dip to approximately $59,000 marking the bottom of the latest downturn — a 53% drawdown from its October all-time high of $126,000.  “Winter is over. Welcome back to crypto spring,” Kendrick wrote

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Crypto

Litecoin whales accumulate as LitVM debate puts LTC back in focus

Litecoin has drawn fresh attention as large holders increased their positions while transaction activity stayed weak. Summary Santiment data showed Litecoin whale and shark wallets increased by 42 over five months. LitVM renewed the Litecoin discussion as the project seeks to bring smart contracts through zkLTC. Litecoin rose 1.28% to $42.95 after recovering from lows

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Bitcoin

AFX Accelerates Global Expansion with Industry Veteran Ken C Leading Growth

ROAD TOWN, British Virgin Islands, June 12, 2026 /PRNewswire/ — AFX, a high-performance sovereign L1 purpose-built for decentralized derivatives, announced that industry veteran Ken C has joined the protocol as Head of Growth, reinforcing AFX’s commitment to expanding its global trading ecosystem and accelerating adoption of on-chain derivatives infrastructure. Ken brings more than nine years of

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Crypto

Will Pi Network price hit a ATL as a risky pattern forms?

Pi Network price has recovered from its recent record low, but a developing bearish continuation pattern and another wave of token unlocks have kept the risk of a fresh all-time low firmly in focus. Summary Pi Network faces fresh downside risk as a descending triangle forms near key support at $0.124. More than 144 million

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Crypto

Solana price surges 3% as bulls challenge bears after SPCX token debut

The Solana price has started to move again, with weekly gains above 4%. Summary Solana climbed 3.38% to $67.73, extending weekly gains as upward momentum returned. Backpack and Sunrise launched SPCX on Solana, bringing tokenized SpaceX share exposure to the network. Technical indicators show bears losing strength as bulls defend support and attempt a trend

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Bitcoin

XRP Rally Signal? Upbit Reserves Slip as Historic Bottom Zone Comes Into Focus

XRP trades near $1.13 as Upbit reserves slip, with the 3-month regression band and $1.26392 resistance in focus XRP has lately entered a closely watched market zone. Recent data show a slight decline in Upbit reserves. Besides, the token has traded near $1.13467 and remained within reach of a historical three-month upper regression band that

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Crypto

Morningstar sounds alarm on SpaceX as bulls target $190

SpaceX shares have drawn a fair value estimate of $63 from Morningstar even as bullish forecasts have pushed price targets as high as $190 following the company’s public market debut. Summary Morningstar estimates SpaceX is worth $63 per share, far below its $135 IPO pricing. Despite valuation concerns, some analysts believe strong demand could push

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Bitcoin

Could AI Be Crypto’s Next Security Reckoning?

The discovery of a years-old vulnerability in Zcash’s shielded pool, found with the help of an Anthropic AI model just days before the company launched its most powerful version yet, points to a shift that could reshape crypto security. As AI makes it cheaper and faster to find flaws buried deep in complex systems, the

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