SpendNode Podcast: Crypto News & Analysis

Senator Cynthia Lummis pointed to working crypto frameworks in Europe, the UK and the UAE while US market structure rules stall. Here is what it means for users. Read the full article: https://www.spendnode.io/blog/lummis-us-crypto-framework-eu-uk-uae-june-2026/

Cathie Wood-backed Solmate has lost more than 98% of its value since a $300M Solana treasury pivot, and a RockawayX-linked investor is now suing the board. Read the full article: https://www.spendnode.io/blog/solmate-shares-drop-98-percent-solana-treasury-june-2026/

On-chain investigator ZachXBT warned that AscendEX may be delaying user withdrawals over liquidity issues, a familiar early signal of exchange stress. Read the full article: https://www.spendnode.io/blog/ascendex-withdrawal-delays-zachxbt-liquidity-warning-june-2026/

Story Protocol has rebranded as DATA Foundation, moving from IP infrastructure to AI training data with a new Trace registry and a 1:1 IP-to-DATA token swap. Read the full article: https://www.spendnode.io/blog/story-protocol-data-foundation-ai-training-pivot-june-2026/

A record 79% of Bitcoin's circulating supply is now held by long-term holders, even as BTC slid to $58,420 and Fear & Greed hit 14 on June 26, 2026. Read the full article: https://www.spendnode.io/blog/bitcoin-long-term-holders-record-79-percent-supply-june-2026/

USDT's market cap edged past Ethereum's on June 26, 2026, at $186.06B versus $185.66B, as an ETH selloff pushed the stablecoin into the number two slot. Read the full article: https://www.spendnode.io/blog/tether-usdt-overtakes-ethereum-market-cap-june-2026/

BitGo CEO Mike Belshe announced a nearly 15% workforce reduction, redirecting the custodian toward security, trading, stablecoins and AI infrastructure. Read the full article: https://www.spendnode.io/blog/bitgo-15-percent-workforce-reduction-june-2026/

Russia's experimental legal regime lets selected exporters settle foreign trade in Bitcoin and stablecoins, yet sanctions compliance still ringfences every cash-out route abroad. Read the full article: https://www.spendnode.io/blog/russia-elr-crypto-foreign-trade-sanctions-ringfenced-june-2026/

Oobit's June recap names New York and Bolivia as newly live markets and confirms a PIX integration, widening its tap-to-pay card footprint across the Americas. Read the full article: https://www.spendnode.io/blog/oobit-new-york-bolivia-pix-expansion-june-2026/

Invesco, a roughly $1.8 trillion asset manager, has filed for a tokenized fund built to sit behind stablecoin reserves, following BlackRock and Franklin Templeton on-chain. Read the full article: https://www.spendnode.io/blog/invesco-tokenized-fund-stablecoin-reserve-market-june-2026/

Tokenized equity trading on Solana crossed $1B in a single week, with SpaceX's SPCX token leading demand for hard-to-access stocks. Custody and redemption questions stay open. Read the full article: https://www.spendnode.io/blog/solana-1b-weekly-tokenized-stock-trading-spcx-june-2026/

SBI Holdings will pay 46.7 billion yen for full control of Bitbank, lifting its combined custody to about 1.1 trillion yen and 2.92 million accounts. Read the full article: https://www.spendnode.io/blog/sbi-bitbank-289m-acquisition-japan-largest-crypto-exchange-june-2026/

Base, Coinbase's Ethereum layer-2, stopped producing blocks for over an hour on June 25, 2026, freezing deposits and withdrawals and reviving its single-sequencer debate. Read the full article: https://www.spendnode.io/blog/base-network-block-production-stall-june-2026/

Uphold is promoting the Exa Credit Card inside its app, letting XRP holders in select US states borrow against their tokens via Exactly Protocol without selling. Read the full article: https://www.spendnode.io/blog/uphold-exa-credit-card-xrp-borrow-us-june-2026/

Glassnode data shows 10.83 million BTC, around 54% of supply, now sits below its purchase price after Bitcoin slipped under $59,100 on June 25, 2026. Read the full article: https://www.spendnode.io/blog/bitcoin-supply-in-loss-record-10-83-million-btc-june-2026/

Binance withdrew its Greek MiCA license application on June 24, leaving a seven-day scramble for EU authorization before the July 1 wind-down rule bites. Read the full article: https://www.spendnode.io/blog/binance-withdraws-greek-mica-application-eu-deadline-june-2026/

SPCX perpetual futures tracking pre-IPO SpaceX shed about $50M in liquidations over 48 hours, ranking behind only Bitcoin and Ethereum on crypto venues. Read the full article: https://www.spendnode.io/blog/spacex-spcx-tokenized-stock-perps-50m-liquidations-june-2026/

The Wall Street Journal reports Iran-linked entities routed $3.84 billion through the CoinEx exchange to bypass US sanctions, putting centralized venues back under scrutiny. Read the full article: https://www.spendnode.io/blog/iran-coinex-3-8b-sanctions-evasion-wsj-june-2026/

Grayscale argues the 15 highest-revenue onchain protocols, led by HYPE, PUMP and CAKE, trade at single-digit multiples, with the CLARITY Act as the catalyst. Read the full article: https://www.spendnode.io/blog/grayscale-revenue-protocols-undervalued-clarity-act-june-2026/

Ripple and SBI Group have launched RLUSD in Japan following JFSA approval, opening the dollar-pegged stablecoin to both institutional and retail users. Read the full article: https://www.spendnode.io/blog/ripple-sbi-rlusd-japan-jfsa-launch-june-2026/

Strategy's MSTR stock dropped about 10% below $100 for the first time in two years as Bitcoin fell under $60,000, leaving the firm with a roughly $12.55B paper loss. Read the full article: https://www.spendnode.io/blog/strategy-mstr-falls-below-100-bitcoin-under-60k-june-2026/

Charles Schwab has rolled out spot Bitcoin trading to a client base holding roughly $12.6 trillion, even as BTC sits at $60,442 amid extreme fear. Read the full article: https://www.spendnode.io/blog/charles-schwab-bitcoin-trading-launch-june-2026/

Trump canceled the housing-bill signing ceremony, refusing to enact it until the SAVE America Act passes. That leaves the bill's federal CBDC ban through 2030 in limbo. Read the full article: https://www.spendnode.io/blog/trump-refuses-sign-housing-bill-cbdc-ban-stalled-june-2026/

Indonesia's OJK now requires crypto promoters to disclose paid deals and get certified, and can ask platforms to delete accounts that break the rules. Read the full article: https://www.spendnode.io/blog/indonesia-ojk-finfluencer-crypto-promotion-rules-june-2026/

Five Senate Democrats want hearings into a $500 million UAE stake in World Liberty Financial, the Trump family crypto venture behind the USD1 stablecoin. Read the full article: https://www.spendnode.io/blog/trump-world-liberty-uae-senate-hearings-june-2026/