SpaceX’s IPO brought new scrutiny to its bitcoin holdings after the company disclosed 18,712 BTC on its balance sheet. The June 3, 2026 Form S-1 amendment lists a $661 million cost basis and fair values of $1,293 million and $1,637 million as of March 31, 2026 and Dec. 31, 2025. The filing also notes third-party custody arrangements and reflects 2024 accounting-rule changes affecting reported digital-asset values.

An X post dated June 12, 2026 argued Bitcoin has "never bottomed below" its electrical production cost and put that level at $47,000. The discussion highlights that mining-cost frameworks can help gauge downside risk, but the estimate shifts with electricity pricing, hardware efficiency and difficulty changes, making it unsuitable as a guaranteed price floor.

Web3 Antivirus reported that rug pulls represented more than 54% of newly detected crypto scams, with honeypots next at about 22%. It said these schemes often look like normal token launches until hidden contract permissions are used to block selling, pull liquidity, or lock user funds. The firm also cited scam distribution data led by email at 53% and referenced cases including a May fake Uniswap site that drained at least $400,000.

Zcash co-creator Zooko Wilcox-O'Hearn said this week that Anthropic ran a full security review of the Zcash protocol using its restricted Mythos model and found no additional critical vulnerabilities. The post followed public disclosure of an Orchard shielded-pool soundness bug on June 4 and 5 that coincided with a sharp ZEC selloff. As of June 13, ZEC was trading around $411 to $416, after NU6.2 patched the issue and work continued toward the Ironwood upgrade targeted for late July 2026.

Crypto volatility triggered about $186 million in liquidations over the past 24 hours, with longs losing $102.8 million and shorts $83.2 million. Bitcoin led with $34.97 million liquidated and Ethereum followed at $24.65 million, underscoring two-way positioning risk. In spot flows, whales distributed over 70,000 BTC over the past month while U.S. Spot Bitcoin ETFs recorded $85.85 million net inflows on June 12.

U.S. President Donald Trump said on Saturday that a new agreement with Iran would be signed on June 14 and that the Strait of Hormuz would reopen to all shipping immediately afterward. Iranian Foreign Ministry spokesperson Esmaeil Baghaei disputed that a Sunday signing would occur, while prediction-market pricing showed only a 39% probability for June 14 on $47.1M of volume. The disagreement left markets weighing potential impacts, with bitcoin trading above the $64,000 zone following Trump's comments.

A 12.5% tariff threat is overshadowing U.S.-India trade negotiations as Donald Trump plans to meet Indian Prime Minister Narendra Modi at the G7 summit in France. The summit runs June 15 to June 17 in Evian-les-Bains, and U.S. officials do not expect any agreement to be signed there. Talks are set to continue afterward, including another negotiating session in India led by U.S. Trade Representative Jamieson Greer.

Polymarket drew criticism after traders said it revised the settlement standard for a live market asking whether Strategy (NASDAQ: MSTR) would sell any Bitcoin by May 31. Strategy disclosed on June 1 that it had sold Bitcoin during the prior week, but Polymarket ruled the outcome based on a disclosure cutoff, affecting bets tied to 1,838 accounts and $3.8 million. One trader, Hunter Guo, said he lost an expected gain of about $35,000 after buying thousands of “Yes” contracts shortly before the ruling.