June 2026

OpinionGlobal Wealth Tax Fails Before It Starts

On June 25, 2026, Reason published an analysis dismantling the latest push for a coordinated global wealth tax, an idea that resurfaces every few years with fresh academic backing and the same fatal flaw. The proposal, m

BitcoinStrategy Stock Plunges as Bitcoin Crashes Below 60K

On June 24, 2026, Strategy (MSTR) shares fell more than 10% to roughly $92, a price not seen since mid-2024. The drop came as Bitcoin broke below $60,000 for the first time in over a year, dragging the company's massive

OpinionCerebras Stock Drops 11 Percent Despite 92 Percent Revenue Growth

Cerebras Systems (CBRS) posted $249.7 million in first-quarter revenue on Monday, a 92% jump from the same period a year ago. The stock fell 11% in after-hours trading anyway. The culprit was a two-to-three percentage po

OpinionThe Magnificent Seven Drawdown and the Concentration Trap

The seven stocks that carried the S&P 500 for three consecutive years have shed more than 25% from their December 2024 highs. Apple, Nvidia, Microsoft, Amazon, Meta, Tesla, and Alphabet, collectively worth north of $15 t

BitcoinSouth Korea's Regulator Warns Single-Stock Leveraged ETFs Only Fatten Brokerages

Lee Chan-jin, head of South Korea's Financial Supervisory Service (FSS), told reporters on June 22, 2026 that leveraged exchange-traded funds tied to individual semiconductor stocks are enriching brokerages at the expens

BitcoinWhales Are Accumulating Record Bitcoin as On-Chain Signals Flash Caution

Bitcoin fell to roughly half its late-2024 peak during the first half of 2026, and key on-chain metrics have yet to confirm a definitive bottom. Short-term correction fears are rising. Yet beneath the surface noise, a di

BitcoinPrediction Market Kalshi Eyes IPO After Revenue Crosses Two Billion Dollars

Kalshi, the regulated prediction market platform that fought a years-long legal battle with the Commodity Futures Trading Commission, is now weighing an initial public offering as early as 2027. The company's annualized

BitcoinFederal Reserve Targets Stablecoins With Bank-Style Identity Rules

The Federal Reserve on June 18, 2026, proposed a new rule that would force stablecoin issuers to verify customer identities before opening accounts or processing direct token redemptions. The proposal extends traditional

BitcoinBinance Faces EU Exit as Greece Prepares to Reject MiCA License

Greece is poised to deny Binance its Markets in Crypto-Assets (MiCA) license, a decision that could force the world's largest cryptocurrency exchange by trading volume out of the European Union entirely. The rejection, r

BitcoinBitGo Cracks the Fortune 500 and What It Means for Bitcoin Infrastructure

On June 15, 2026, BitGo became the first pure-play digital asset custody firm to appear on the Fortune 500 list, reporting $16.2 billion in annual revenue. The San Francisco-based company, now operating under a federal c

BitcoinKOSPI Surges Past 8500 as US-Iran Peace Deal Reshapes Risk Appetite

On June 15, 2026, the Korea Composite Stock Price Index blew past the 8,500 mark within the first twenty minutes of trading. The catalyst: a confirmed ceasefire and peace framework between the United States and Iran, a d

BitcoinArbitrum Pulls in Two Billion Dollars as Layer 2 Capital Flows Reshape DeFi

On June 13, 2026, onchain analytics platform Artemis reported that Arbitrum absorbed roughly $2 billion in net inflows over the preceding seven days, making it the single largest destination for capital moving across blo