![8,400→11,000→12,600… Why KOSPI Forecasts Are Rising [Weekend Money]](https://marketnewsboard.com/wp-content/uploads/2026/06/2026061514110999808_1781500268-360x180.png)
Bitcoin is flashing fresh warning signs, with nearly 50,000 BTC dumped at a loss and short-term holder stress at a two-year high. Meanwhile, Ripple just cleared a major hurdle toward a EU-wide crypto license, AI-linked tokens got hammered after SpaceX’s brutal post-IPO slide, and Strategy’s stock could theoretically crash to $1 under a worst-case scenario, though analysts say it wouldn’t trigger a death spiral.
Add Cardano’s six-year low, Securitize’s $400M public debut, and a tense countdown on the Clarity Act, and it’s been a wild week. Catch every twist in our full recap.
AI Tokens Tumble as SpaceX Slump and OpenAI Doubts Rattle Sector
AI-linked crypto tokens Venice, Worldcoin, and NEAR have dropped by 37%, 50%, and 40%, respectively, from their 2026 highs. The sell-off follows SpaceX’s stock losing over $800 billion post-IPO, and reports that OpenAI may delay its own listing due to weak growth and shrinking market share, while Anthropic continues to gain ground.
Aave Coin Rallies on Tokenomics Overhaul Hints
AAVE surged to $95.48 after founder Stani Kulechov denied rumors of a discounted sale and teased “Aavenomics 3.0,” featuring an automated buyback mechanism. The rally comes despite TVL collapsing from $45B to $12B after a recent hack. Technicals point bullish, with $125 as the next target.
GOP Races to Pass Crypto Clarity Act Before August Break
Republicans have roughly 20 working days after returning July 13 to push the Clarity Act through the Senate and back to the House before recess. Industry figures like Andreessen Horowitz’s Miles Jennings and Solana Institute’s Kristin Smith see the tight deadline as a rare chance to lock in clear crypto rules, though ethical debates and other priorities could still delay it.
Strategy Stock Could Crash to $1, But Won’t “Death Spiral”: Analyst.
A three-year stress test by analyst Adam Livingston shows Strategy (MSTR) surviving a 55% Bitcoin crash without collapsing entirely, but common shareholders could see Bitcoin-per-share value drop 94%, dragging the stock toward $1. The firm would still hold 731,636 BTC after forced sales, avoiding bankruptcy but inflicting brutal dilution.
BitMine Joins Russell 1000, Stakes 86% of Its 5.67M ETH
BitMine, the largest corporate Ethereum holder, will join the Russell 1000 index on June 26, boosting visibility among traditional investors. The company has now staked 4.88 million ETH, 86% of its holdings, worth roughly $7.56 billion, generating an estimated $233 million in annualized yield with zero debt on its books.
Cardano Hits 6-Year Low After SecondFi Hack Drains $2.4M
Cardano sank to $0.139, its lowest since 2020, after a SecondFi wallet breach drained roughly 16 million ADA (~$2.4M) across four incidents. EMURGO set up a reimbursement fund, but the damage already broke the key support. Analysts are split, with $0.148–$0.150 now the level bulls must reclaim to avoid further downside.
CoinEx Linked to $3.84B in Iran-Tied Crypto Flows Since 2019
Blockchain investigators say Iran-linked wallets moved over $3.84 billion through CoinEx since 2019, including funds tied to North Korea’s Bybit hack and Iran’s central bank. CoinEx denies government ties, disputes the wallet labeling, and says it’s now blocking Iranian users while regulators scrutinize the exchange’s compliance controls.
Cboe Launches Prediction Market for S&P 500 Bets
Cboe Global Markets launched Cboe Predicts, a yes/no prediction market tied to the Mini S&P 500, paying $100 or $0 at expiry. Trading through regular brokerage accounts and clearing via OCC brings regulated event contracts to a space dominated by Kalshi and Polymarket, with more asset classes planned.
Police Groups Warn Clarity Act’s Crypto Carveouts Could Hamper Crime Investigations
Four U.S. law enforcement groups warned the Trump administration that Section 604 of the Clarity Act, which shields non-custodial developers from money-transmitter rules, could create oversight gaps and weaken AML/KYC enforcement against trafficking, sanctions evasion, and terrorist financing. Notably, two major police organizations declined to sign the letter.
Ripple Clears Key Hurdle for EU-Wide Crypto License
Ripple secured preliminary CASP approval from Luxembourg’s CSSF under MiCA, putting it on track for a full license covering all 30 EEA countries. The approval, paired with a separate e-money license, lets Ripple offer crypto, stablecoin, and payment services across Europe from a single regulated hub.
Circle Stock Could Drop to $30 as Bearish Patterns Form
Circle’s stock has crashed over 40% from May’s high, now trading near $80, with its market cap down to $20 billion. Chart patterns, a double top, and a bearish flag point to a $30 target. Growth in USDC and EURC has stalled, raising doubts about Circle’s revenue outlook despite higher bond yields.
Bitget Launches Stock+, Letting Users Buy Real US Stocks With USDC
Bitget launched Stock+, letting users buy actual U.S. stocks, not derivatives, using crypto converted to USDC. Trades route through licensed brokers RQD Clearing and Atomic Vaults Securities to Nasdaq and NYSE, granting real ownership and dividends. The feature excludes major markets such as the UK, the EU, and Canada.
