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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…
Palantir CEO Blasts AI Industry as Layoff Spike Hits 2,350%, June 12
Palantir CEO Alex Karp criticizes AI industry’s self-awareness gap. PLTR stock at $131.08 with B+ rating as AI layoff search interest spikes.
Why Anthropic’s Near-$1 Trillion Valuation and Upcoming Share Sale Could Trigger a New AI Investment Wave Fueled by Fable 5
We are entering a new phase of the AI revolution. The numbers are getting bigger. The money is moving faster. And investor excitement is hitting extreme levels. One of the biggest stories right now is Anthropic PBC, which is reportedly moving toward a near-$1 trillion private-market valuation. At the same time, the company is preparing…
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…
Elon Musk Becomes the World’s First Trillionaire as SpaceX IPO Prices at $135, Valuing the Company at $1.77T
No individual has ever been worth $1 trillion. Until today. SpaceX (SPCX) priced its IPO at $135 per share on June 11, 2026, for a valuation of approximately $1.77 trillion, making it the largest initial public offering in financial history and pushing Elon Musk’s paper net worth past the trillion-dollar threshold for the first time….
Desjardins Sells Assistance Services Unit to CanAssistance, June 11
Desjardins Financial Security partners with CanAssistance as exclusive provider of assistance services for members.
WisdomTree Launches AI Infrastructure ETF on June 11, 2026
WisdomTree WAGI ETF tracks AI infrastructure across semiconductors, data centers, and cloud sectors with a 0.50% expense ratio.
XRP Ledger Lending Amendment Enters Validator Vote, June 11
XRP Ledger’s XLS-66d lending amendment enters validator vote for institutional loans. XRP ETFs reach $1.44B inflows; CLARITY Act vote pending.
Crypto Prices Today: Bitcoin Nears $62,561 as CPI Clears, Ethereum Holds $1,649
Crypto Prices in the global digital asset market are showing stable recovery signals as inflation data in the United States comes in line with expectations. Bitcoin and Ethereum are leading the market tone with cautious optimism. Investors are watching macro triggers closely as liquidity conditions improve and risk appetite returns across major exchanges. Crypto Prices…