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Bitcoin Holds Near $63,579 as Hot PPI and SpaceX’s Record IPO Drain Liquidity From Crypto Markets
This is not a Bitcoin story. It is a macro story, and Bitcoin is absorbing it. Bitcoin holds near $63,579 on June 12, 2026, after briefly climbing above $63,500 before retracing sharply as US Producer Price Index (PPI) data for May came in at 6.5% year-over-year above consensus and directly revived rate-hike fears that had…
Mortgage Officer Licensing Rises for First Time Since 2022, June 12
Mortgage officer licensing renewals rise for first time since 2022, reaching 158,260. Industry expects $2.4 trillion in originations in 2026.
Crypto ATM Ban Advances in Delaware as Lawmakers Target “Predatory” Fees and Scams via Bill 441
Delaware lawmakers are advancing legislation aimed at tightening regulations on cryptocurrency kiosks, commonly known as Bitcoin ATM machines. The proposed measure, known as House Bill 441, seeks to address growing concerns about consumer fraud, excessive transaction fees, and scams that have increasingly targeted vulnerable individuals. The legislation has gained attention across the cryptocurrency industry because…
SOFI Stock Surges 5.04% to $16.67: SoFi Technologies Director Gains 18,388 Shares Through RSU Settlement—Bullish Signal?
Sofi Stock attracted significant attention after shares of SoFi Technologies Inc. climbed 5.04% to $16.67 in a strong trading session. The gain came as investors assessed a recent regulatory filing showing that a company director received 18,388 shares through the settlement of restricted stock units (RSUs). The stock’s move higher reflects growing optimism around SoFi’s…
MSFT Stock Pressured as Xbox Layoffs Loom After June 30 Fiscal Close — But the Cloud Business Tells a Very Different Story
$82.89 billion in quarterly revenue. $190 billion in capex. And Xbox can’t find its footing. Microsoft (NASDAQ: MSFT) is carrying a sharp internal contrast into its June 30 fiscal year close. On June 10, 2026, Microsoft confirmed plans for significant layoffs in its Xbox division as new CEO Asha Sharma implements a broad reset of…
Apple Inc Shares Hold Near $295 as Touchscreen MacBook Ultra Rumors Gain Hard Supply Chain Confirmation
The touchscreen MacBook story crossed a line this week from analyst speculation into verified supply chain confirmation. Industry insider Instant Digital confirmed Apple is actively developing its first touchscreen MacBook, with Samsung Display gearing up to produce OLED panels (OLED) in two sizes: 14.3 inches and 16.3 inches, the exact dimensions that map to the…
Malaysia’s RTD Faces Fresh Bribery Allegations as Minister Vows Zero Tolerance, June 12
RTD faces bribery allegations after e-hailing driver claims forced payment. Minister pledges zero-tolerance and urges corruption reports to MACC.
Japan Postal Reform Law Advances: ¥65 Billion Support Package, June 12
Japan’s postal privatization law revised with 65 billion yen annual government support for rural post offices. First major update since 2012.
US Inflation Hits 4.2% in May, Highest in 3 Years, June 12
US inflation surged to 4.2% in May 2026, highest in three years, as energy prices spike from Iran war tensions.