BeInCrypto Global

Binance founder Changpeng Zhao (CZ) is urging governments to tokenize their stock markets and issue national stablecoins, framing sovereign blockchain adoption as the next phase of crypto after meetings with Asian leaders and regulators.
He shared the advice in two posts, arguing that countries tokenizing equities can attract worldwide buyers while national stablecoins expand local currency usage on the blockchain.
Why CZ Wants Countries to Tokenize Stocks
CZ said he posted the recommendations after meeting several country leaders and regulators across Asia. He described the talks as making good progress but did not name the countries involved.
Was busy meeting a few country leaders and regulators in Asia to advance crypto. Making good progress… https://t.co/NCcduTMbVn
— CZ 🔶 BNB (@cz_binance) June 17, 2026
His pitch centers on real world assets (RWA). Tokenized equities turn company shares into blockchain tokens that can trade around the clock, a model now moving into practice.
Supporters say the approach offers fractional ownership, faster settlement, and access for buyers outside traditional brokerages. No country has yet tokenized its full stock exchange.
The wider RWA market has grown quickly. Tokenized real world assets on public blockchains topped $32 billion by mid-2026, up from about $6 billion a year earlier, RWA.xyz data shows.
Tokenized RWA Market. Source: RWA.xyz
Several exchanges already list tokenized stocks and ETFs tied to major U.S. companies. Boston Consulting Group projects tokenization could reach $16 trillion by 2030.
“Countries need to tokenize their stocks, allowing worldwide buyers. (RWA) Countries need to issue their own stablecoin(s), to expand their currency’s usage on the blockchain,” CZ shared.
Follow us on X to get the latest news as it happens
National Stablecoins and the Push Beyond the Dollar
CZ also wants governments to issue fiat-backed stablecoins. He argues this would extend a currency’s reach across blockchain rails and support its next growth phase.
Dollar-pegged tokens make up close to 99% of the roughly $315 billion stablecoin market, led by Tether (USDT) and USD Coin (USDC), DefiLlama figures show.
Total Stablecoin Market Cap. Source: DefiLlama
National versions could reduce that dependence while keeping monetary control closer to home.
The message builds on his advisory work. CZ serves as a strategic adviser to the Pakistan Crypto Council and is advising Kyrgyzstan on crypto as it builds a gold-backed stablecoin.
Binance also secured approval to develop a crypto marketplace in Kazakhstan.
Binance co-CEO Richard Teng pointed to rising demand. He said 36% of emerging-market users on the platform now keep at least half their money in stablecoins.
Stablecoins are changing everyday life in many countries.In emerging markets, 36% of Binance users now keep at least half their money in stablecoins.Why? Because they make life easier.
— Richard Teng (@_RichardTeng) June 17, 2026
He framed the trend as evidence that the tokens already make everyday payments easier.
BNB, the token tied to CZ’s ecosystem, traded near $599, down about 1% over 24 hours.
Governments adopting his playbook could shape how fast traditional markets move on-chain.

President Donald Trump said the stock market drove his decision to back the Iran deal, calling it “more brilliant than anybody” as equities hit record highs after Sunday’s ceasefire agreement.
The U.S. president said share prices rose each time peace looked likely and fell whenever talks stalled, treating the market as a live referendum on his Middle East strategy.
A Market Read on the Iran Deal
Trump made the comments at a G7 conference in France, hours after announcing the Sunday agreement with Iran.
US Iran deal MOU
He cast the rally as proof the deal was working, and as the reason he chose negotiation over more bombing.
According to Trump, the market reacted to every signal coming out of the talks.
“The stock market is quite brilliant. Every time we said something amazing like we are going to settle, it would go up. Every time we said something negative … it would go down very big.”
Follow us on X to get the latest news as it happens
The framing fits a long pattern. Trump has treated equity indexes as a real-time scorecard for his presidency since his first term, and here he used them to justify ending the strikes.
Record Highs and a Resilient Stock Market
The numbers gave him cover. The S&P 500 closed at a record 7,554.29 on June 15, up 1.65%, while the Dow added 468.77 points for its own record finish near 51,671.
The Nasdaq jumped 3.07%. Oil has fallen roughly 20% from its 2026 peak as a Hormuz reopening came into view, easing the inflation pressure Trump blamed on the conflict.
“The stock market surged to record highs, picking up thousands of points over the last short period of time.”
He also argued the market held up better than he feared during the strikes on Iran, a move that briefly rattled stocks and oil.
“I thought the stock market would go down 25% or 30%. The stock market a week ago before we started this was higher than when we started, which tells you we have a very resilient economy.”
Trump returned repeatedly to a historical yardstick, naming the one predecessor he said he never wanted to resemble.
“He raised taxes too fast and raised interest rates too fast, all at the same time. And it caused the Great Depression.”
Herbert Hoover sat in the White House during the 1929 crash that opened the Great Depression.
For Trump, rising markets were the proof he had dodged that fate.
What it Means for Crypto
Trump predicted the gains would continue as energy prices fall and Hormuz traffic resumes.
“Trillions of dollars will be made by the world, and the stock market will … continue to rise.”
Crypto sits on the same risk curve. Bitcoin (BTC) trades near $64,200 after slipping more than 2% in a day, pressured once the Federal Reserve cooled rate-cut bets, a turn that punished leveraged shorts.
Bitcoin Price Performance. Source: BeInCrypto
The token had popped above $67,000 on the ceasefire headlines before fading.
Analysts warn Bitcoin still trades as a high-beta risk asset tethered to equity sentiment.

Kalshi CEO Tarek Mansour does not see Polymarket as his main competitor. He told Front Office Sports that larger trading and betting players threaten his prediction market exchange more than its closest rival.
Mansour named derivatives giant CME Group, brokerage Robinhood and sportsbook operators as the rivals he watches most. His comments recast a fight usually framed as a two-horse race between Kalshi and Polymarket.
Why Mansour Looks Past Polymarket
Kalshi dominates the regulated US prediction market. Bank of America analysts put its share at about 91%, with Polymarket second and Underdog third.
That lead lets Mansour treat the rivalry differently, much as Kalshi already overtook Polymarket on regulated turf last year.
Raw volume tells a closer story. Over the past 30 days, Kalshi traded about $9.8 billion against Polymarket’s $9.9 billion, according to DeFi Rate.
Kalshi vs Polymarket Volume Rolling. Source: DeFi Rate
Kalshi still leads where it counts. It holds roughly $1 billion of the $1.6 billion in industry open interest and lists about 97% of all active markets.
Kalshi vs Polymarket Open Interest
“When I think about competition, I don’t think about Polymarket, honestly, as much as some of the others,” FOS reported, citing Tarek Mansour, Kalshi CEO.
Follow us on X to get the latest news as it happens
A Wider Field of Rivals
Mansour pointed first to CME Group, which launched FanDuel Predicts with the sportsbook in December. The app trades event contracts on sports outcomes and economic data.
Robinhood complicates the picture. It built its prediction markets hub on Kalshi’s own exchange in 2025. It then began routing some World Cup and baseball contracts to Rothera, its venue with Susquehanna.
Today, we are launching prediction markets on @RobinhoodApp.As a former mathematician and physicist, I am motivated by the search for objective truth. How can we make sense of all the information out there, and who can we trust?Before we had the Internet, say in the 1970s,…
— Vlad Tenev (@vladtenev) March 17, 2025
DraftKings, Novig and Coinbase have also moved into prediction markets, making second place hard to call.
Polymarket still leans on its offshore platform, which draws heavy offshore trading volume from US users on a VPN.
The 2026 World Cup lifted both, with a single World Cup winner market drawing tens of millions in daily bets.
Regulation Shapes the Rivalry
Mansour wants Polymarket to come under the regulated umbrella. He argued that insider trading cases on its international platform stain the whole industry.
Two indictments sharpened that worry. Prosecutors charged Army soldier Gannon Van Dyke in the first federal case tied to prediction market bets. He allegedly turned about $33,000 into more than $400,000 on the timing of the Maduro operation.
Weeks later, prosecutors indicted Google engineer Michele Spagnuolo. He allegedly made roughly $1.2 million betting on Google’s most-searched person of 2025.
The CFTC then proposed a 267-page rule on June 10. It would permit most sports contracts while barring in-game props, officiating bets and pre-collegiate sports, with a 45-day comment window.
Both platforms also gained reach this year when Google Finance integrated their data.
For now, Kalshi controls the compliant US market while Polymarket and a widening field chase its lead.
The comment period may decide how fast that balance shifts.

Former Spanish Prime Minister José Luis Rodríguez Zapatero denied orchestrating an influence-peddling scheme tied to a $61.5 million airline bailout, testifying on June 17 as investigators pursue an asset hunt that now reaches his cryptocurrency.
The judge placed Zapatero at the “apex” of an organized network. He told the court that payments flagged by investigators were legitimate consulting fees and design work for his daughters’ agency.
Zapatero Denies the Plus Ultra Bailout Scheme
During a three-hour hearing at Madrid’s Audiencia Nacional, Zapatero faced four charges spanning influence peddling, money laundering, tax fraud, and smuggling.
He answered only the judge and his own lawyer.
He denied any contact with government officials or airline executives over the rescue.
According to legal sources, he said he did not meet Plus Ultra’s current president until 2024, three years after the bailout was approved.
The probe centers on the 2021 rescue of Plus Ultra, an airline with ties to Venezuelan businessmen, which drew $61.5 million through state holding company SEPI.
The judge says Zapatero ordered an offshore company set up in Dubai to manage funds, registered eight days after the cabinet approved the aid, according to infoLibre.
Follow us on X to get the latest news as it happens
Inside the Zapatero Crypto Seizure Order
Investigating Judge José Luis Calama signed a seizure order on May 18, directing Spain’s economic crime police to track and seize any Bitcoin (BTC) and Litecoin (LTC) tied to Zapatero.
The measure joins frozen bank accounts and the offshore company checks.
Any recovered tokens would move to Prosegur’s high-security crypto bunker in Madrid, which stores keys offline under a contract for judicial crypto seizures.
Calama has prosecuted Spain’s largest crypto frauds, including the Madeira Invest fraud that snared more than 3,000 people.
Spain has tightened crypto oversight under new EU money laundering rules.
Its courts have reached for blockchain tools before, from a major crypto scam last year to Spain’s seized Bitcoin holdings sold after more than a decade.
Zapatero offered the court a “voluntary universal authorization” to verify his assets and said he holds nothing abroad.
“I have absolutely nothing outside of Spain,” read an excerpt in the report, citing Zapatero.
The instruction phase continues, and Calama has not confirmed whether tracing has located any wallets.

Wall Street just reminded itself that artificial intelligence cannot run without memory. Deutsche Bank lifted its Micron stock price target to $1,500 this week, and it was not alone.
At least six banks raised their targets in the past few days, each ahead of the June 24 earnings. The buyers are already there, and the whole case rests on one chip that most people cannot name.
Six Banks Raised Their Micron Targets in One Week
Deutsche Bank set the tone on June 17, lifting its Micron price target to $1,500 from $1,000. It was not alone.
Deutsche Bank just raised its Micron $MU price target from $1,000 to $1,500.The reason?AI-driven DRAM demand continues to outpace supply, with analysts now expecting the imbalance to persist through 2028. pic.twitter.com/NaBoTfNlzt
— Schaeffer's Investment Research (@schaeffers) June 17, 2026
On June 15, TD Cowen more than doubled its target to $1,500 from $660. Cantor Fitzgerald did the same from $700, while RBC Capital moved to $1,200 and Wolfe Research to $1,250.
In all, at least six banks raised targets in a week, every one ahead of Micron’s June 24 earnings.
Micron $MU price target raised to $1,200 from $840 at CitiCiti raised the firm's price target on Micron to $1,200 from $840 and keeps a Buy rating on the shares ahead of the May quarter earnings report on June 24. Citi upped the company's fiscal 2026 and 2027 estimates to… pic.twitter.com/fPkoyEKKaT
— TipRanks (@TipRanks) June 17, 2026
Every note points to the same driver. AI-driven DRAM demand is outrunning supply, and the shortage is expected to last well into 2028.
DRAM is the fast working memory that AI models run on. When demand grows faster than chipmakers can build it, prices stay high. Micron (MU) is one of only three big makers and the only US maker of AI memory, so it keeps much of that upside.
Want more insights like this? Sign up for Editor Harsh Notariya’s Daily Newsletter here.
The sharpest shortage sits in one specific chip, HBM, or high-bandwidth memory. It is the premium memory stacked next to AI processors.
Micron’s operations chief told a JPMorgan conference that HBM consumes more than three times as many wafers per bit. That makes new supply slow and expensive to add, exactly why analysts expect the squeeze to last.
The banks add a bigger point. They argue memory’s role in AI is structural, not just another boom-and-bust cycle. That is the case for higher earnings for years, not quarters.
Micron Leads the Entire Chip Sector
The market already agrees with the banks. Against the SOXX semiconductor index, Micron’s relative strength reads 218.7, the highest of any major chip.
Micron Versus Semiconductor Index: Charlie Quant Lab
It leads the group by a wide margin, even ahead of Marvell (one of the segment leaders) at 167.8 and Nvidia at just 56.6.
MRVL Sector-Specific Performance: Charlie Quant Lab
The money is following the same path. Chaikin Money Flow, a proxy for whether big investors are buying or selling, reads a positive +0.142 on Micron. That is the second-strongest accumulation in the whole chip group, behind only AMD.
Chip Sector Money Flow: Charlie Quant Lab
The simple read is that institutions are still buying, not selling, and Micron is outrunning almost every peer. Strong demand, strong relative strength, and steady buying are driving the targets higher.
Crypto Traders See a Pause Coming
Not every market is positioned for more upside right now. On Nansen, crypto smart money holds a near-term short against Micron. It is the second-largest chip short on the board, near $21 million, behind only Nvidia.
Chip Smart Money Positioning: Charlie Quant Lab
The logic is simple. Crypto perpetual traders bet on fast moves. Micron’s run has been close to parabolic, up more than 250% this year. After a move like that, they are positioned for a short-term cooldown, not a change in the story.
A run that steep usually needs to be digested before the next leg. With earnings due June 24, a near-term pause would surprise no one.
The Levels That Decide Micron’s Next Move
Now the levels. MU stock trades near $1,058 after its run. The stock broke out of a bull flag on June 11, but volume has since cooled. Until buying volume on that breakout day tops, more consolidation is possible.
The bull case starts with a push back above $1,074. Reclaiming $1,126 would mark a fresh local high and open the path to $1,199, then $1,293.
The bear case rests on $1,023. That level has acted as strong support, and it is where the crypto short sits. A break below it brings $959 into view if profit-taking deepens.
Micron Stock Price Analysis: TradingView
For now, $1,126 separates a fresh leg higher in Micron stock from an extended pause near support.

Snap (SNAP) stock fell 9.72% to $5.16 on Tuesday after CEO Evan Spiegel unveiled the company’s first commercial augmented reality glasses, priced at $2,195 per unit.
The announcement came at the Augmented World Expo (AWE) 2026 in California. Snap opened preorders the same day, requiring a $200 refundable deposit. Initial shipments will reach the US, UK, and France this fall, with Snap targeting developers and early adopters first.
SNAP Stock Price Chart. Source: Google Finance Design Backlash Drives Investor Caution
The Specs project digital content onto the real world and runs without a connected smartphone.
Spiegel positioned the device as a standalone computing platform, with built-in apps covering web browsing, navigation, real-time translation, and an AI assistant. Prescription lens inserts also let multiple users share a single pair.
SPECS Augmented Reality Glasses. Source: Snap Inc.
Public reaction focused on the form factor. Users on social media compared the bulky frames to 3D cinema glasses and solar eclipse viewers, casting doubt on everyday wearability.
The pattern mirrors other premium product stock drops in 2026, where high-priced launches triggered investor skepticism before the market could assess actual demand.
The reaction also reached crypto-native channels. Crypto prediction markets reached record transaction levels in 2026. Traders on platforms like Polymarket now track high-profile tech stock catalysts as they unfold, and the SNAP announcement drew rapid attention across those communities.
Snap Enters a Crowded Market at a Premium Price
The $2,195 price tag is more than three times that of Meta’s Ray-Ban smart glasses, which retail below $700. Meta commands roughly 76% of global smart glasses shipments, backed by a developer ecosystem Snap cannot yet match.
The company recently shut down VR metaverse operations to redirect resources toward smart glasses and AI hardware, sharpening its competitive focus.
Apple and Google are also building competing wearables, adding pressure from players with deeper development budgets. Retail stock participation hit its lowest level since Q3 2024, shrinking the speculative buyer base that smaller-cap names like SNAP depend on for price support.
Spiegel framed Specs as a long-term complement to smartphones rather than a replacement for them. He compared the trajectory to how mobile devices extended laptops rather than eliminating them.
“Almost 20 years since the launch of the iPhone, people are ready to think about computing differently,” Evan Spiegel, via Snap
SNAP has shed roughly 33% year to date heading into Tuesday’s drop. With prediction markets flagging stock risk across tech in 2026, Snap has little margin for error with a slow rollout.
Whether Specs can convert developer interest into mainstream demand may become clearer when consumer shipments begin this autumn.

XRP (XRP) traders are piling into leverage even as the token struggles below $1.20. Binance’s estimated leverage ratio just hit its highest level since the start of 2026, signaling rising risk appetite in a fragile market.
The leverage surge arrives while on-chain activity flatlines, and the weekly chart flashes bearish signals. That combination leaves XRP balanced between a speculative bounce and a deeper breakdown.
Leverage on Binance Climbs to a 2026 Peak
Binance’s estimated leverage ratio for XRP climbed to roughly 0.1899, according to CryptoQuant. That marks its highest reading since the start of 2026.
The metric had churned between 0.15 and 0.18 for months. Its recent breakout shows traders leaning harder on borrowed positions.
The jump coincided with XRP recovering toward $1.24 before easing back. That timing links the leverage build to a fresh wave of speculative bets.
XRP estimated leverage ratio on Binance. Source: CryptoQuant
Rising leverage often reflects growing confidence in a short-term uptrend. However, it also leaves the market exposed to sharp liquidation cascades in either direction.
XRP leverage had recently hit a yearly low, a sharp reset from its 2025 extremes. A move back below 0.15 would suggest traders are trimming risk again. Until then, derivatives activity is outpacing spot demand.
Social Buzz Spikes While Network Activity Stalls
The leverage story suggests heightened interest. On-chain data complicates that read.
XRP social volume jumped sharply at the end of May and into early June, according to Santiment. The spike ranked among the largest prints of the past six months.
XRP social volume. Source: Santiment
Active addresses told a different story. The metric held a steady band over the past two months, sitting near 28,300 at the latest reading.
Talk about XRP is rising faster than actual network use. Such divergences often mark sentiment-driven moves rather than organic demand, echoing a recent forecast that warned of a possible bear trap.
XRP active addresses. Source: Santiment XRP Price Prediction Hinges on the $1.17 Support
The weekly chart frames the stakes. XRP trades near $1.20 after falling from its July 2025 record of $3.65.
The token has gained about 6% over the past week. That move gives bulls a short-term cushion, yet it sits roughly 45% below year-ago levels.
Price has been rejected at a descending trendline three times (red arrows). A fourth rejection now looks possible as XRP presses against that resistance.
XRP also broke down from a symmetrical triangle. That pattern projects a long-term target near $0.73, well below current levels.
XRP weekly chart. Source: Tradingview
For now, bulls are defending the 0.786 Fibonacci retracement at about $1.17. That zone marks the last major support before the bearish target.
The relative strength index (RSI) sits near 34, below its own descending trendline. The indicator has stalled at that line twice without breaking through.
A weekly RSI move above that trendline would offer the first real sign of a reversal. A clean reclaim of the broken price trendline would invalidate the downside prediction.
A loss of $1.17 would instead open the path toward $0.73. The next weekly close should show whether XRP defends its floor or confirms the breakdown.

President Donald Trump said the United States will hand back Iran’s frozen money rather than seize it, warning that keeping the funds would destroy global confidence in the U.S. dollar.
His comments at the G7 summit touched a nerve central to crypto, where the threat of asset seizure is a core argument for holding neutral, borderless reserves like Bitcoin.
Returning the Frozen Money
Trump made the remarks at a G7 conference in France, responding to a question about whether Washington would unfreeze Iranian assets.
He drew a sharp line between paying Iran and releasing money the U.S. had frozen.
“It is not our money. It is their money. And we froze it at a certain point in time.”
Trump said he had personally weighed keeping the funds before deciding against it. A recent report indicated that the US had reached $1 billion in cumulative seizure of Iranian crypto assets as of late May.
*BESSENT: HAVE SEIZED ABOUT $1 BLN OF IRANIAN CRYPTO HOLDINGS*BESSENT: WE THINK IRAN WAS STEALING $400M – $500M A MONTH
— zerohedge (@zerohedge) May 29, 2026
Follow us on X to get the latest news as it happens
A Warning About Dollar Confidence
Trump argued that holding seized money would damage the dollar’s standing and its dominance as the world’s reserve asset.
“If we did not get back, no one would ever invest in the dollar again.”
He linked the decision to the currency’s strength under his administration.
“The dollar has become very strong under me.”
Trump also stressed the U.S. is not financing Iran directly, contrasting the deal with past cash transfers.
“We are not putting up money. Only if they are doing things right.”
Why Crypto is Watching
The seizure question sits at the center of Bitcoin’s appeal. Each time Washington weaponizes the dollar, it strengthens the case for a neutral store of value beyond any government’s reach.
That logic drives the debasement trade, where investors treat Bitcoin as a hedge against fiat risk and money printing.
Trump himself has floated a strategic reserve to strengthen the country’s position.

L'oro (XAU) ha confermato un nuovo minimo inferiore l'11 giugno, estendendo una tendenza al ribasso iniziata dal suo record di $5,598. L'esperto di intelligenza di mercato Clem Chambers avverte che il metallo potrebbe continuare a scendere come un razzo esaurito.
Il metallo scambia vicino a $4,324, poco cambiato rispetto al giorno, dopo che un accordo di pace tra Stati Uniti e Iran ha allentato le tensioni geopolitiche che hanno alimentato la sua corsa parabolica. L'immagine tecnica ora punta verso il basso su più timeframe.
Clem Chambers Prevede un Razzo che Cade come una Pietra
Chambers, membro del Consiglio degli Esperti di Intelligenza di Mercato di BeInCrypto, inquadra il calo come un classico unwind parabolico. Sostiene che il rally si basasse su geopolitica e sanzioni, fattori che ora stanno svanendo rapidamente.

Kevin Warsh ha tenuto la sua prima conferenza stampa come presidente della Fed mercoledì 17 giugno 2026.
I prezzi dell'oro e del Bitcoin sono crollati poiché il debutto di Warsh ha fatto commenti sfavorevoli verso gli asset a rischio.
Seguici su X per ricevere le ultime notizie in tempo reale
Punti chiave di mercato nel debutto di Warsh all'FOMC
Dopo una decisione di mantenere i tassi di interesse fermi, i punti chiave della sua conferenza stampa, oltre a rifiutarsi di fornire qualsiasi indicazione futura, includono:
Sulla decisione e sull'economia:
“L'incontro FOMC di questa settimana ha esemplificato il meglio delle tradizioni della Fed: dibattiti accesi, apertura mentale, impegno verso la missione, responsabilità e rendicontazione delle performance… Mettere a punto la politica monetaria — o quanto più vicino possiamo arrivare. Questa è la nostra Stella Polare.”

Il presidente della Fed Kevin Warsh ha mantenuto i tassi stabili nel suo debutto al FOMC ma ha sorpreso con un atteggiamento decisamente falco, con nove dei 18 partecipanti che prevedono un aumento dei tassi nel 2026 e la dichiarazione che rimuove il suo bias accomodante.
La Federal Reserve ha mantenuto il tasso dei fondi federali invariato al 3,50%-3,75% il 17 giugno 2026, il quarto mantenimento consecutivo, completamente prezzato dai mercati.
La Dichiarazione Passa a Neutrale
Il FOMC ha rimosso i riferimenti precedenti a “ulteriori aggiustamenti dei tassi”, adottando una posizione neutrale puramente dipendente dai dati.

Grayscale Research ha nominato cinque token di finanza decentralizzata che crede offrano un vero valore mentre i mercati crypto premiano i ricavi e il flusso di cassa rispetto alla speculazione.
Il gestore di asset ha segnalato Hyperliquid (HYPE), Aave (AAVE), Uniswap (UNI), Sky (SKY) e Maple (MAPLE) in un report di ricerca pubblicato il 16 giugno. Ognuno mostra un forte valore relativo basato sui fondamentali.
Perché Grayscale Vede Valore nel DeFi
I mercati crypto sono crollati da gennaio. Grayscale sostiene nel suo report che gli investitori possono ora valutare molti token come asset finanziari piuttosto che come merci.

The Bitcoin price moved past the $66,000 threshold on Wednesday as US President Trump explained the Iran deal in his press address at G7 Summit.
Meanwhile, the oil price slid lower as Trump’s remarks shed more light on the US-Iran deal ahead of the formal signing in Switzerland.
Oil, Bitcoin, and DJI Performances. Source: TradingView Trump Addresses Iran Deal In G7 Summit Press
President Trump delivered a high-stakes update on the U.S.-Iran Memorandum of Understanding during the G7 summit press conference on June 17, 2026, driving immediate market moves across risk assets.
Trump confirmed the framework includes a ceasefire, full reopening of the Strait of Hormuz, limited sanctions relief, and Iran’s pledge against nuclear weapons.
A formal signing is expected soon in Switzerland.
“If Iran doesn’t honor the agreement, back to bombing them,” Trump stated bluntly. He added that some understandings remain unwritten and praised the impact of recent U.S. strikes: “Amazing what bombs can do.”
Follow us on X to get the latest news as it happens
President Trump also highlighted market surges tied to Iran peace signals during the G7 summit press conference.
“Every time we talked about possibility of peace, market shot up like a rocket ship,” Trump declared. “Never really went down. The stock market is more brilliant than anybody.”
He linked these rallies to the U.S.-Iran MOU, which includes a ceasefire, Strait of Hormuz reopening, and limited sanctions relief, while warning of renewed strikes if Iran fails to comply.
The “peace through strength” narrative, backed by explicit military leverage, has reduced short-term volatility premiums.

Sam Bankman-Fried (SBF), the disgraced founder of FTX, is floating plans to launch a new crypto token after his release from prison. The former crypto magnate is currently serving a 25-year sentence after the catastrophic collapse of his exchange.
Here is what SBF reportedly said, why experts strongly dismiss the plan, and how the crypto community is now reacting.
Sam Bankman-Fried is the greatest investor of all timeCursor just got bought by SpaceX today. SBF invested $200k into Cursor in 2022He also invested in:2021- Anthropic: $500M → ~$75B2022- Robinhood: $648M → ~$5B2022- Genesis Digital: ~$1.15B → ~$3B2022- SpaceX… pic.twitter.com/3ygSKruKgZ
— Alex Finn (@AlexFinn) June 16, 2026
SBF Has Ambitious Plans After Prison
SBF shared his future plans during a recent conversation with former inmate David Bunevacz. The revelation was later detailed in a New York Magazine feature. According to the report, his main goal is to return to the tech business right after his release from prison.
“Maybe he was joking, and probably no one will flock to him. But who knows,” Bunevacz said.
To build a real corporate structure, he reportedly needs initial capital between $50 and $100 million. Furthermore, the most striking part of his testimony focused on issuing a fully independent digital asset of his own design.
The former crypto figure expressed full confidence in the idea. According to the source, SBF said he will launch his coin, and everyone will come to it. The statement reignites scrutiny over his ambitions, despite his serious legal troubles.
Follow us on X to get the latest news as it happens
SBF told a fellow inmate about his plan after prison:Raise $50–100M, launch a token, and watch people buy it.Why is he so confident?Because in crypto, attention often matters more than trust.SBF still has more name recognition than most founders launching tokens today.… pic.twitter.com/fH8aUjc1aR
— Master of Crypto (@MasterCryptoHq) June 17, 2026
His legal record makes the comeback ambitions controversial. The 2022 FTX collapse exposed widespread fraud and misuse of client funds. Moreover, US courts categorically rejected the defense’s appeal to reduce the sentence.
The announcement also revives debate over how crypto handles repeat offenders. SBF was once celebrated as one of the most influential founders in the industry. However, his fall from grace became one of the most documented corporate scandals of the past decade.
Why Experts Strongly Dismiss SBF’s Crypto Comeback
The claims belong strictly to SBF’s personal wishes, according to industry experts. His release date is still far away, so the current market will not face any real or operational changes from comments made inside prison.
However, the episode shows that the former billionaire retains his ambition in full. His mindset has not changed despite the destruction of trust caused by the FTX collapse. The desire for financial redemption exposes the persistence of messianic crypto leadership.
Compliance regulations from supervisory bodies represent a major barrier to any return. Securities commissions across the West have strengthened background checks on token issuers in recent years. As a result, no legitimate bank or VC fund is expected to support his operations.
For those deluded SBF fanboys, I have a question:When should a CEO STEALING money from clients to bet on lottery tickets, influence elections, and prop up a losing trading firm get CREDIT for the lottery tickets paying off?The answer, of course, is never…The ONLY thing…
— Dave W (@dmweisberger) June 17, 2026
Still, crypto markets have shown short memories toward unethical conduct. Several controversial figures have managed relative success after launching new campaigns. That dynamic keeps a remote window open for the disgraced founder’s potential return in the long term.
How the Crypto Community Is Reacting to the News
Reactions across crypto forums and social media showed deep divisions. A majority of the community argues that SBF’s reputation has been permanently and irreversibly destroyed. For this group, it is impossible for the market to ever validate a platform they develop.
“Yeah mate, I’ll believe it when I see it, but honestly who’d line up for round two of that circus,” one user said on X.
On the other hand, some observers note that volatility and the search for quick returns often cloud traders’ judgment. There are precedents of digital assets gaining popularity based purely on the media notoriety of their creators.
Former FTX CEO Sam Bankman-Fried has reportedly stated he might launch a new cryptocurrency if he is ever released from federal prison. The unexpected remarks surfaced during a discussion about his life behind bars, adding a bizarre new twist to the ongoing fallout of the FTX… pic.twitter.com/wHeibAvSe1
— CryptoMoses (@realcryptomoses) June 17, 2026
That speculative dynamic feeds the remote possibility of a comeback for the polemic founder of the defunct trading platform. Whether the market ultimately rewards or punishes the attempt remains an open question that may unfold over the years.
“After going broke, SBF needs your money to rug you and start a wealthy life,” another user exposed.
In any case, the resolution of this story will be written under market conditions likely very different from today. The current institutional infrastructure punishes attempts to manipulate capital more severely. Time will determine whether SBF’s projections become reality or fade quietly into oblivion.

L'ex CTO di Ripple, David Schwartz, ha messo in discussione l'affermazione popolare che i mercati azionari e i mercati delle previsioni siano solo dei casinò, sostenendo su X che il confronto ignora una divisione economica fondamentale.
Schwartz si è ritirato dalle operazioni quotidiane in Ripple alla fine del 2025 ed è diventato CTO Emeritus. È entrato nel dibattito il 17 giugno 2026, rispondendo agli utenti che sostenevano che il “trading” è un eufemismo per il gioco d'azzardo.
Il Gioco Muove Valore, e l'Investimento lo Cresce
Lo scambio è iniziato quando gli utenti di X hanno sostenuto che i mercati delle previsioni e i mercati azionari funzionano come casinò. La loro affermazione principale era che il “trading” serve come una copertura elegante per piazzare scommesse. Schwartz ha respinto quella narrativa.

Australian crypto users face tighter transfer checks as the country’s crypto Travel Rule takes full effect on July 1. Exchanges must now verify and record sender and recipient details for every virtual asset transfer.
The change has prompted some Bitcoin (BTC) holders to move coins off exchanges early. Reports of withdrawal delays and fresh verification steps have spread through Australian crypto communities ahead of the deadline.
What the Travel Rule Changes
From July 1, the financial intelligence agency AUSTRAC requires virtual asset service providers to collect and pass on originator and beneficiary information for every transfer.
The data includes the payer’s details, the payee’s full name, and tracing information such as wallet addresses or transaction references.
There is no minimum threshold, so even the smallest transfers are subject to the new crypto Travel Rule obligations.
Australia is adopting a standard that the global watchdog FATF extended to crypto back in June 2019, and one that the European Union began enforcing on December 30, 2024.
Some obligations already began on March 31, when exchange and fiat services came under the reformed regime.
The rollout follows years of tighter oversight, including the recent AUSTRAC crypto ATM crackdown and pending crypto exchange licensing rules.
Why Australian Exchanges are Tightening Withdrawals
Binance Australia will require sender information for all incoming deposits and beneficiary details for withdrawals, including full name, country, and city.
Transfers to a user’s own account on another exchange need only the receiving platform’s name.
The exchange warned that transfers may be delayed or returned if the required information is missing.
Reporting on unverified self-hosted wallet transfers stays deferred until 2029, easing one concern for self-custody users.
Bitcoin’s recent price action sits near $64,615, roughly 49% below its record of $126,080 set on October 6, 2025.
Bitcoin Price Performance. Source: BeInCrypto Self-Custody Push Meets Skepticism
Mo, who advises clients at The Bitcoin Way, said demand to exit exchanges is rising ahead of the deadline.
Aussies are now experiencing difficulties with transferring Bitcoin out from exchanges in Australia and on July 1st they are making it harder… Every Australian client on our end is rushing to get their bitcoin off exchanges before that date… Everyone trying to leave at once through a door that just got smaller,” he wrote in a post.
Follow us on X to get the latest news as it happens
Not everyone agrees that the situation is chaotic. Australian educator Dale Warburton disputed claims of widespread disruption while still calling the measure poor policy.
🚨 Australia’s Travel Rule kicks in 1 July 2026. Bitcoiners, wake up:– Self-custody your bitcoin (obviously)– NEVER reuse addresses– Submarine swaps & Lightning ⚡️are your friends– Coin control + privacy tools = mandatoryThey want to track every sat. Don’t make it easy.
— Dale Warburton | BTC Inheritance (@Dale21M) May 21, 2026
The exchange of views has renewed interest in moving to self-custody.
The early movers proving prescient may depend on how exchanges handle volume once the rules harden on July 1.
With Bitcoin still below its peak, the new system has yet to face a real stress test.

A viral post claiming a $1,499 desktop could break Nvidia’s AI empire is racing across X.
The market is not waiting to judge it. Money is already leaving Nvidia stock. And that money could be flowing into AMD, at least for now.
A $1,499 Box and a Big Claim?
The post comes from an account called reputable researcher Bull Theory and landed on June 16.
AMD may have just broken Nvidia’s most profitable business, the renting out of AI compute in the cloud. At CES in January, AMD chief Lisa Su held up a mini PC near that price. It runs large AI models on a desk, with no cloud and no rented GPU.
Want more insights like this? Sign up for Editor Harsh Notariya’s Daily Newsletter here.
The thread frames the math as brutal for Nvidia. It cites a consultant who swapped a $2,800 monthly cloud bill for a few dollars of electricity.
AMD might have disrupted Nvidia's entire cloud GPU rental business.In January at CES, AMD CEO Lisa Su demonstrated a $1,499 mini PC running the same class of AI model that currently costs companies $2,500 to $3,000 every month to rent from Nvidia-powered cloud servers. AMD's… pic.twitter.com/3I2NsvUWzt
— Bull Theory (@BullTheoryio) June 16, 2026
Every firm that buys the box, the post argues, stops paying for cloud AI for good. Lawyers, banks, and doctors with private data are the customers it expects to switch first.
Deepest Capital Erosion: Charlie Quant Lab
Not surprising to see that the Nvidia stock is already seeing the deepest bit of institutional capital erosion, as highlighted by the negative CMF counter. More on that later in this piece.
The Threat to NVDA Is Bigger Than One Box
The slogan oversells one box, but the trend behind it is real. The bigger threat is not on a desk; it is inside the cloud.
Nvidia’s largest customers are now building their own AI chips to lean on it less. Google has committed up to one million of its chips to Anthropic and is in talks to supply Meta.
Google runs a giant chunk of its AI on chips it designed in house. Not on Nvidia.Most people have no idea.Nvidia's data center sales went from $4 billion in 2022 to $96 billion in 2024. That one number is why Amazon Google Meta and Microsoft all quietly started building their… pic.twitter.com/FNVcErNuS3
— Glitch Truth (@glitchtruth) June 14, 2026
Amazon runs its own custom silicon across its cloud at scale. Those in-house chips already make up about 28% of AI server shipments, up from roughly a fifth a year ago.
"The custom AI ASIC state of play"Direct: Tom's articleTrendForce puts ASIC-based AI servers at 27.8% of shipments in 2026, the highest share since 2023, with custom ASIC shipments growing 44.6% year-over-year against 16.1% for merchant GPUs. GPUs … https://t.co/rTCI50vDcg
— NewMaxx (@NewMaxxSSD) May 21, 2026
The cheaper hardware is real too. AMD’s Ryzen AI Halo box opened pre-orders this month at $3,999, below Nvidia’s competing DGX Spark at $4,699. Both trends attack the same thing, the demand for Nvidia’s chips, which is where its revenue comes from.
AMD tackles NVIDIA's $4679 DGX Spark AI PC with its $3999 Ryzen AI Halo: Now available with 128 GB memory for blazing fast LLMs. 🔗 https://t.co/t8b2k1AW3K pic.twitter.com/qMzPRQCm3S
— Wccftech (@wccftech) June 13, 2026
Nvidia still holds about 70% of the AI chip market, so this is erosion, not collapse. But for the first time, its own customers and a cheaper rival are routing around it.
The Money Has Already Picked a Side, and Its Not Nvidia
The thesis is loud, but the quieter signal is the telling one. The money is already moving. Chaikin Money Flow tracks whether cash is entering or leaving a stock. On Nvidia it has turned firmly negative at -0.168, the weakest reading of any major chip name.
Nvidia Versus Semiconductor Index: Charlie Quant Lab
AMD sits at the opposite end, with a positive +0.209, seeing one of the strongest accumulations in the AI chip group.
Chip Sector Money Flow: Charlie Quant Lab
The trend agrees. Against the SOXX semiconductor index, Nvidia scores just 58.5 on relative strength, while AMD scores 123.
The company that defined AI compute is trailing its own sector, while the rival it once dwarfed leads it.
Nvidia Traders Are Leaning the Same Way
Positioning has turned with the story. In the options market, the Nvidia put/call ratio by volume has risen to about 0.63. Just a day earlier, it sat at a call-heavy 0.49. A rising ratio means puts are gaining on calls, a tilt toward downside hedging.The put-call ratio is still call-heavy but several bearish positions showed up post the viral mini PC post on June 16.
Nvidia Put Call Ratio: Barchart
Crypto traders lean in the same direction. On Nansen, the smart money holds its largest chip short against Nvidia, ahead of every peer. The options desk and the perpetual market rarely agree.
Chip Smart Money Positioning: Charlie Quant Lab
Right now, both point away from the Nvidia stock as the money has already picked a side. Despite that, NVDA still manages to keep a near 10% year-to-date uptick, trading around $207 at press time.

Several gaming associations, tribes, and labor unions have asked the Senate to add language to the pending crypto legislation that bars prediction markets from offering sports and casino-style contracts.
The June 16 letter targets the Digital Asset Market Clarity Act, the crypto market structure bill. Signatories include the American Gaming Association (AGA), the Indian Gaming Association (IGA), the Arkansas State Chamber of Commerce, and more.
Casinos, Tribes, and Unions Push to Add Sports Betting Ban to Clarity Act
The groups argue that sports-event contracts allow platforms to run nationwide sports betting under a federal financial label. That structure sidesteps state and tribal law and thins consumer protections. It also drains a locally controlled system that funds jobs, taxes, and community programs.
“While our organizations may differ on other issues, including gambling policy, we are united in our concern that prediction markets have fueled the largest expansion of gambling in U.S. history over the past 18 months—without voter approval or legislative authorization,” the letter viewed by Semafor reads.
The signatories warn that platforms let users as young as 18 place bets in unauthorized jurisdictions. They also say the platforms lack responsible gaming safeguards. Marketing gambling as investments misleads younger users, the groups argue.
The letter also challenges the Commodity Futures Trading Commission’s (CFTC) role. They say the agency was formed to oversee commodities and derivatives, not sports wagering, and lacks the infrastructure to police it. According to the groups,
“Sports betting falls outside the CFTC’s remit and cannot be offered through prediction market platforms.”
Follow us on X to get the latest news as it happens
What It Means for the Clarity Act
The request piles onto a bill already under strain. Lawmakers must still settle the ethics fight and merge the committee texts. They also face procedural steps and a 60-vote threshold.
🚨🗞️NEW: Why the Math Doesn't Work for a July 4 Clarity ActWith just 9 working days before recess, lawmakers still need to resolve ethics, merge texts & navigate procedural hurdles. But there’s still optimism about the bill’s passage this year.https://t.co/jApw6XFb55
— Eleanor Terrett (@EleanorTerrett) June 15, 2026
Meanwhile, this is not the first move against sports event contracts. Senators Adam Schiff and John Curtis introduced separate legislation in March. That bill would bar sports and casino contracts on prediction market platforms.
The coming weeks will show whether lawmakers fold the gaming language into the bill or leave it.
Subscribe to our YouTube channel to watch leaders and journalists provide expert insights

SpaceX stock launched like one of its own rockets. Within days of its debut it blasted toward $3 trillion, before settling near $2.66 trillion. Its busiest crypto market is now betting it comes back to earth.
On the perpetuals where SpaceX trades around the clock, the smart money is positioned for a fall. BeInCrypto pulled the data behind the euphoria.
A Record IPO, a $60 Billion Deal, and a Near $3 Trillion Peak
SpaceX (SPCX) priced its IPO at $135 on June 12 and raised about $75 billion, the largest listing ever. Four days later, it signed a $60 billion all-stock Cursor acquisition, buying AI coding firm Anysphere.
Want more insights like this? Sign up for Editor Harsh Notariya’s Daily Newsletter here.
The stock jumped as much as 14%. Its SpaceX market cap pushed past $2.7 trillion, briefly overtaking Amazon.
SPCX IPO Debut And Hype Score: Charlie Quant Lab
It has since cooled near $202, and its Hype Score has slipped to 69. The euphoria might just be fading.
The Warning Sits in the Crypto Market
SpaceX trades as one of the busiest Hyperliquid perpetuals, with $304 million in open interest. There, the smart money leans hard one way. Nansen data shows it is net short $20.8 million, with 91% of its exposure short.
Whales are net short $23.7 million. The three tracked cohorts combine to a $45.3 million net short bet, a one-sided bet against the rally.
SPCX Hyperliquid Positioning: Nansen Data
They built that short from the IPO near $167 straight through the climb to $208. The smartest traders are positioned for a fall.
One Signal Still Keeps the Bulls Alive
For now, the money flow still points to buying. That is the one thing holding the rally up.
Chaikin Money Flow tracks whether money is entering or leaving an asset. It weights each move by volume, so it leans toward large, institutional orders. The reading sits positive at +0.14. That says the big money is still accumulating SpaceX, not distributing it.
Price also holds above its volume-weighted average price, or VWAP. That line is the volume-based average price institutions use to judge fair value on the day.
Trading above VWAP means buyers are paying up to get in, not waiting for lower prices. Paired with the money flow, it says accumulation has not broken yet.
SPCX Intraday VWAP And CMF: Charlie Quant Lab
The tell to watch is simple. If price holds up while that money flow rolls negative, institutions are quietly selling into strength. That gap between a steady price and a falling flow is the classic mark of distribution. For now, it has not appeared.
Flows, though, only show how SpaceX trades day to day. They say nothing about what kind of stock it really is.
Tesla Crashed After Its IPO Too
The deeper risk is the company SpaceX keeps. It trades like a Musk stock, not a space stock. Its correlation to Tesla sits near 0.12, while its tie to space peers is about negative 0.15. SpaceX moves on Musk and tech sentiment, even if the correlation is weak for now.
SPCX Correlation To TSLA Vs Space Peers: Charlie Quant Lab
That matters because Tesla, Musk’s other company, also surged after its 2010 IPO before a sharp reversal. Traders see the same script. BeInCrypto reported the bear case in detail. Analyst Ted Pillows expects a 60% to 70% pump, then a brutal 50% crash.
What the Options Market Says about SpaceX (SPCX) Stock
The options market looks like one bullish offset. It is also the most double-edged read on the board. SpaceX put-to-call volume sits near 0.84, based on Barchart data. A ratio below 1 means more calls traded than puts, a crowd leaning long.
Heavy call buying can fuel a squeeze. Dealers who sell those calls hedge by buying stock, and they buy more as the price climbs. But that hedge runs in reverse. If the price falls, the same dealers sell their stock back, and the drop speeds up.
The contracts expire tomorrow, when that effect peaks. If the rally stalls below the call strikes overhead, that support unwinds fast. A call-heavy book is not a one-way bet higher. It is fuel that burns in whichever direction the price breaks first.
SPCX Put Call Volume: Barchart Data
Note: Implied volatility, the move the options market is pricing in, runs near 170% into the two-day expiry. That is a bet on a violent swing, not a quiet drift, and it cuts both ways.
The same skew shows the crowd chasing calls while the crypto market’s smart money sells into it. The forced-selling risk sits next door, on the leveraged perps. There, longs face liquidation on a breakdown, while call buyers only lose their premium.
The chart marks the near-term line. SpaceX holds $201 as Fibonacci support, a level BeInCrypto flagged this week. A break opens $193, then $179. This week’s options expiry is the first trigger for the SpaceX stock. The bigger test is August, when early lock-ups expire and fresh shares hit the market.
Every SpaceX stock price prediction is a coin flip from here. The crowd and its call options are built for a squeeze. The smart money and the Tesla script are positioned for a flush. August settles it.

Prediction market traders are winning and losing millions on the 2026 World Cup, with one Polymarket bettor banking $9.24 million in a single day after correctly calling four match outcomes.
The tournament has turned platforms like Polymarket and Kalshi into high-stakes betting arenas. Traders are wagering seven-figure sums on single matches, and the results are producing both record payouts and steep losses.
Prediction Markets Surge During the World Cup
Polymarket is a crypto-based prediction market where users buy yes-or-no shares on real-world outcomes. Kalshi runs a similar model.
Both platforms have seen heavy activity since the tournament began. The outright winner market on Polymarket alone has drawn more than $2.5 billion in volume.
That scale has made individual trades a spectacle. On-chain trackers now follow the biggest wallets in near real time.
Big Wins and Costly Bets
A standout winner went 4-for-4. According to Lookonchain, the trader staked $7.03 million on Iran not beating New Zealand. Iran drew 2-2, and that single bet returned $7.34 million.
“He made $9.24M in a single day, winning all 4 of his bets for a 100% win rate,” the post read.
Another trader, fishalive, turned roughly $427,000 into $4.7 million after Spain drew 0-0 with Cape Verde at 9% odds. A third account, gardenshed, booked $764,000 in four days. It won 7 of 8 bets for an 87.5% win rate.
Losses were just as visible. One trader put about $1.2 million on Argentina not to beat Algeria, hoping to secure a $3.43 million payout.
Argentina won 3-0 behind a Lionel Messi hat-trick, and the trader lost. On Kalshi, another user lost $391,536 on the same outcome.
A separate Kalshi bettor put $373,407 on Algeria not to win, and that wager paid out $416,184.
Follow us on X to get the latest news as it happens
🚨UPDATE: Argentina moved up to 11% chance to win the World Cup after their first game.His position is now worth $1,208,377.45 on Polymarket… should he cash out or hold? https://t.co/OcbkMULbXa
— Polymarket Sports (@PolymarketSport) June 17, 2026
France Overtakes Spain as Title Favorite
Meanwhile, the odds have shifted sharply since the World Cup started. France now leads the Polymarket winner market at 18%. Spain trails at 13%, while Argentina holds 11%.
Kalshi shows a similar picture, with France at 18.7%, Spain at 13.3%, and Portugal at 10.9%. France has overtaken Spain as the favorite.
The coming group-stage matches will test whether trader bets keep paying or losses mount.
Subscribe to our YouTube channel to watch leaders and journalists provide expert insights