Bitcoin, Ethereum, XRP, Dogecoin Surge Up To 13% Off The Back Of Iran Peace Deal

Bitcoin surged back above $66,000 on Monday, with the U.S.-Iran peace deal boosting risk appetite.

Notable Statistics:

Coinglass data shows 123,438 traders were liquidated in the past 24 hours for $613.55 million.       

SoSoValue data shows net inflows of $85.9 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $4.95 million.

In the past 24 hours, top gainers include Jito, Zcash and Stellar.

Notable Developments

Trader Notes:

Trader KillaXBT highlights $67,400–$67,500 as Bitcoin’s key resistance zone, with a successful breakout potentially opening the path toward $70,300.

He also noted that the upcoming FOMC meeting is unlikely to be a major…

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MSTR Is Not In A Death Spiral, TD Cowen Assesses: Here’s What Bears Get Wrong – Strategy (NASDAQ:MSTR)

Benchmark Says Strategy Has Several Buffers Before Bitcoin Sales Become Necessary

Benchmark analyst Mark Palmer called the death spiral narrative a story that skips several steps. 

Strategy’s $1 billion cash reserve must be depleted before any meaningful Bitcoin sales enter the conversation, and the perpetual preferred stock (NASDAQ:STRC) carries no hard maturity date that would trigger accelerated selling.

“The death-spiral story assumes that Strategy is one bad week from selling Bitcoin, and it skips several steps to get there,” Palmer wrote. 

“The company would have to move through a long sequence of failures before its Bitcoin reserve, currently valued at almost $55 billion,…

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Own No Bitcoin? No Problem, BTC Perps Are Just Getting Started, CFTC Chair Selig Says

CFTC Chairman Mike Selig says cryptocurrency perpetual futures are beginning to move onshore in the U.S., marking what he calls a “watershed moment” for regulated digital asset markets.

“This Is Just The Beginning, Not End“

“We want the industry to survive, to thrive and to build here in the U.S,” he vouched.

Selig sees more exchanges are expected to launch similar products. “This is the beginning and not the end,” he added.

The Chairman outlined the goal is to bring that activity into a regulated U.S. market structure instead of forcing traders offshore.  “They’re going to go use a VPN and access it anyway, and they have none of the protections,” he warned

Digital Commodities Could… Read more on Benzinga

Kraken Launches Bitcoin Perpetual Futures For U.S. Traders

Kraken has switched on perpetual futures trading for eligible U.S. clients on Kraken Pro, bringing the most-traded crypto derivatives product under domestic regulatory oversight for the first time at scale.

The contracts are listed on Bitnomial, a CFTC-licensed exchange, clearinghouse, and brokerage that Kraken’s parent company, Payward, acquired earlier this year. The launch gives U.S. traders access to perpetual futures — a product that generated more than $60 trillion in global trading volume in 2025 — within the CFTC’s regulatory perimeter, on a platform they can use alongside spot, margin, and CME-listed futures.

Perpetual futures track the price of an underlying…

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BitGo Joins Fortune 500 With $16.2B Revenue, Marking Milestone For Regulated Bitcoin Custody

BitGo Holdings, Inc. (NYSE: BTGO) has been named to the 2026 Fortune 500, becoming the first true digital asset infrastructure company to reach the list. The debut comes just five months after the company went public on the New York Stock Exchange in January 2026, with reported revenue of approximately $16.2 billion for 2025.

The 2026 Fortune 500 edition, which features President Donald Trump on the cover and is on sale now, includes BitGo at No. 273. BitGo also appears in related coverage, while CEO Mike Belshe is slated for prominent placement in the upcoming Fortune Crypto 100 list in August, including feature coverage and limited cover variants. 

While miners, major…

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Bitcoin Price Claws Back From The Brink To $66,500.

Bitcoin price entered the weekend somewhat battered and bruised, fresh off a gut-punch to $59,000 on June 5 — its weakest footing since October 2024 — and with no shortage of skeptics ready to call the bull market dead.

But by Monday morning, the picture looked different. The world’s largest cryptocurrency clawed its way to $66,800 on the day, printing a 7-day low of $60,909 before staging a textbook recovery that carried it through $66,000 and toward the 7-day high of $66,888. 

The chart told the story of a market caught between fear and conviction: a sharp slide toward $61,000 by June 9–10, choppy consolidation between $62,000 and $63,000 through mid-week, then a decisive…

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Strive (ASST) Acquires 73 Bitcoin For $4.7 Million, Pushes Treasury To 19,105 BTC

Strive, Inc. (Nasdaq: ASST) has purchased 73 bitcoin at an average cost of approximately $63,646 per coin, for a total of roughly $4.7 million, the Dallas-based bitcoin treasury company disclosed in a Form 8-K filing with the Securities and Exchange Commission on Monday. 

The purchase was made between June 8 and June 14, pushing Strive’s total bitcoin holdings to 19,105 BTC. The acquisition marks continued, methodical accumulation from a company that has built one of the fastest-growing bitcoin treasuries among publicly traded firms. 

Alongside the bitcoin purchase, Strive’s cash and cash equivalents rose modestly from $139.2 million as of June 5 to $141.4 million as of…

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Strategy (MSTR) Spends $100 Million On 1,587 Bitcoin, Lifts Total Holdings To 846,842 BTC

Strategy (Nasdaq: MSTR) has purchased 1,587 bitcoin for approximately $100 million, bringing the company’s total bitcoin holdings to 846,842 BTC, according to an 8-K filing with the Securities and Exchange Commission on Monday morning.

The purchase, executed between June 8 and June 14, was made at an average price of $63,024 per bitcoin and funded through at-the-market sales of the company’s Class A common stock. Last week, Strategy sold approximately 1.73 million MSTR shares, raising about $209 million through the ATM program. As of June 14, $25.75 billion worth of MSTR shares remain available under that program.

Strategy’s 846,842 BTC was acquired at an average cost of $75,656…

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Crypto Trader Confesses: I Watched $80 Million Become $500,000, ‘Revenge Trading Is Just Grief With A Cha

A crypto trader known as Jawz posted Friday that he turned a presale allocation into $80 million, only to see his net worth evaporate to $500,000 after a streak of financial excess.

From $80 Million To $500,000: How It Happened Step By Step

Jawz got a presale allocation in OlympusDAO in 2021, staked everything, and watched the position compound daily to $80 million at peak. 

Rather than taking profits, he started spending.

Private jets to Dubai, $40,000 weekends in Monaco, a garage of cars driven twice, and high-limit casino rooms in Vegas and Macau where he would lose $2 million in a night.

When OHM unwound, he did not sell. He doubled down, then leveraged at 5x, then 10x, trying to trade…

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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 in a Friday note, adding, “I think we have now seen the low in crypto asset prices for the cycle.”

Bitcoin had recovered to around $64,000 at the time of Kendrick’s note, representing a roughly 5% gain over the prior week. The bank maintains a $100,000 price target for Bitcoin by year-end — projections it first…

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