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CFTC staff issued release 9252-26 on Friday, giving designated contract markets a no-action path to convert existing perpetual-style digital commodity futures into true perpetuals, advancing the agency’s buildout of a regulated US crypto derivatives market.CFTC staff issued a no-action letter Friday enabling designated contract markets to convert existing perpetual-style digital commodity futures into true perpetual futures, the latest piece of regulatory plumbing in the agency’s construction of a domestic crypto derivatives market.The letter, release 9252-26, was announced via the CFTC’s official X account. It allows DCMs holding perpetual-style contracts, which carry multi-year expiry dates rather than an open-ended structure, to…

Anthropic’s newest AI model, Claude Fable 5, predicts Spain will beat France in the 2026 World Cup final on July 19. The model gives its own pick just an 18% chance of success. BeInCrypto ran several simulations with the model to assess its predictive capabilities, as the tournament kicked off this week with 48 teams for the first time. Fable 5 built its prediction from tournament structure, squad depth, and almost a century of hosting history. Why the AI Starts With the Format, Not the Teams The model’s first argument concerns structure rather than talent. The expanded tournament features 104…

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…

Anthropic disabled access to its Fable 5 and Mythos 5 models on June 12 after the US government issued an export control directive citing national security authorities to suspend availability for any foreign national. The order forced Anthropic to comply immediately for all users, even though the company publicly disagrees with the underlying reasoning. As a result of a US government directive, we are suspending access to Claude Fable 5 for all users. You can continue to use all other Claude models.Here’s what this means for you:Across Claude products, new sessions will run on your selected default model or Opus…

Grayscale Investments filed an amended registration for a spot NEAR ETF, and the changes are pretty much all about custody. New disclosures around how the fund would store and manage its underlying NEAR Protocol assets sit at the center of the update. The original filing was already out there, but Grayscale went back in and revised the custody arrangements — basically spelling out more clearly who holds the assets and how. That kind of detail matters a lot to regulators right now. Custody has become one of the sharpest pain points in the spot crypto ETF approval process, and firms…

Dubai, United Arab Emirates, June 12th, 2026, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched SPCXX, tokenized SpaceX under the xStocks framework on its Spot market, together with new prize pools.  SPCXX is listed on Bybit Spot on June 12, 2026, at 16:20 UTC. Users can take part in a 200,000 USDT Token Splash exclusive on Bybit for a chance to earn rewards by accumulating spot trading volume in SPCXX pairs. Bybit Spot Listing Timeline SPCXX deposit: Opens on June 12, 2026, 16:20 UTC SPCXX listing: June 12, 2026, 16:20 UTC SPCXX withdrawals: Opens on June 13,…

Dubai, United Arab Emirates, June 12th, 2026, Chainwire Mantle, the premier distribution layer connecting traditional finance and on-chain liquidity, today announced the listing of SPCXx, the tokenized SpaceX equity issued by xStocks, available for 24/7 on-chain trading and liquidity provision on Mantle from the day SpaceX completes the largest initial public offering in history. The listing brings on-chain access to one of the most anticipated equity events in history through two of the ecosystem’s flagship venues, Fluxion and Merchant Moe, and opens what is expected to be a strong season of high-demand tokenized equity listings on Mantle. Institutional-Grade Execution via…

ROAD TOWN, British Virgin Islands, June 12, 2026 /PRNewswire/ — AFX, a high-performance sovereign L1 purpose-built for decentralized derivatives, announced that industry veteran Ken C has joined the protocol as Head of Growth, reinforcing AFX’s commitment to expanding its global trading ecosystem and accelerating adoption of on-chain derivatives infrastructure. Ken brings more than nine years of experience spanning traditional finance, Web3, and emerging AI technologies. He began his career leading digital product initiatives at HSBC and DBS Bank before transitioning into crypto, where he held leadership roles across OKX, Animoca Brands, and multiple startup ventures. His experience spans ecosystem growth, business…

Victoria, Seychelles, June 12th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has published its May 2026 Trading Highlights report. Crypto-native users moved aggressively into traditional asset exposure throughout the month. US equity futures volume jumped 85%, the SPACEX(PRE) Launchpad hit a record-breaking 15.5x oversubscription, and new token spot trading volume per user grew 36% as capital rotated from Meme assets into RWA and AI infrastructure.  Users primarily concentrated their capital in two sectors – RWA and AI infrastructure, shifting from the Meme-heavy volume mix seen in April. RWA drew the most capital. Three projects from the sector…

Dubai, UAE, June 12th, 2026, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced its inclusion in the inaugural Fortune Crypto 100, a prestigious ranking recognizing the most influential companies and protocols shaping the future of the global digital asset ecosystem. The Fortune Crypto 100 recognizes organizations driving innovation, building critical market infrastructure, and expanding the role of digital assets in the broader financial system. Bybit was recognized in the CeFi category, which includes crypto-first companies such as exchanges, lenders, and custodians that facilitate the trading, custody, and movement of digital assets. The ranking brings together both…