Bitcoin climbed past $67,000, its highest level in roughly two weeks, after President Trump declared the US-Iran deal "complete" and authorized reopening the Strait of Hormuz. Oil fell about 4% and around $150 million in crypto short positions were liquidated.

SpaceX opened for trading on Nasdaq Friday under SPCX, completing what Nasdaq and Morgan Stanley confirmed as the largest IPO in history at $75 billion pre-greenshoe.

Monero surged roughly 30% to an intraday high of $438 on Thursday after blockchain investigator ZachXBT traced a $120 million USDT movement that included large purchases of the privacy coin, with Tether subsequently freezing $72 million in connected funds.

SpaceX begins trading on Nasdaq at 9:30 AM ET Friday under SPCX. The same morning, Ondo's SPCXon, Kraken's xStocks SPCXx, a Backpack Securities-issued SPCX token on Solana, and Hyperliquid's pre-IPO perpetual all settle into a single live tokenized-equity stack.

Bitcoin climbed above $63,000 Thursday after President Trump announced via Truth Social that he was canceling scheduled U.S. military strikes against Iran and signaling that a multi-nation agreement was close, citing approvals from Israel, Saudi Arabia, the UAE, Qatar, Turkey, and other regional powers.

Citrini Research, known for moving AI equities with its reports, published an analysis calling Hyperliquid compelling, citing the protocol's Assistance Fund directing more than 90% of fees to HYPE buybacks and its command of close to half of all crypto token buyback activity this year.

BitMine Immersion Technologies acquired 126,971 ETH for approximately $207 million last week at an average of $1,630 per token, its largest weekly purchase of 2026, lifting its total treasury to 5.54 million ETH, equal to 4.59% of Ethereum's circulating supply.

Strategy purchased 1,550 bitcoin for $101.3 million between June 1 and 7, one week after its first BTC sale since 2022. Cash reserve reached $1 billion.

Bitcoin fell below its 200-week moving average dropping below $61,000 for the first time since the 2022 bear market, triggered by a blowout May payrolls report that repriced Fed rate-cut expectations and exposed a $1.2 billion options wall at $60,000.

CME Group CEO Terry Duffy warned that newly approved US-regulated perpetual futures are "a disaster waiting to happen," citing excessive leverage and retail risk — a pointed critique from the incumbent US institutional crypto derivatives exchange.