SpendNode Podcast: Crypto News & Analysis

Tether's USDT is quoting roughly 8.5% over India's official USD/INR rate as enforcement pressure squeezes on and off-ramp access, raising the local cost of stablecoin liquidity. Read the full article: https://www.spendnode.io/blog/tether-usdt-india-8-5-percent-premium-enforcement-june-2026/

Bloomberg says US spot Bitcoin ETFs are on pace for their worst month of withdrawals since launching two years ago, with BTC near $59,787 and Fear & Greed at 16. Read the full article: https://www.spendnode.io/blog/bitcoin-etf-worst-monthly-outflows-since-launch-june-2026/

The EU Parliament's economic affairs committee urged the Commission to assess bringing DeFi, staking, NFTs and crypto lending into MiCA's scope. Read the full article: https://www.spendnode.io/blog/eu-econ-committee-mica-defi-staking-nft-lending-review-june-2026/

Tether is partnering with crypto lender Ledn to let Tether Gold (XAUT) holders borrow against their tokenized gold instead of selling it. Here is what it means. Read the full article: https://www.spendnode.io/blog/tether-ledn-xaut-gold-backed-lending-june-2026/

BitMEX has removed its chief executive, chief financial officer and head of growth in a single leadership clearout, CoinDesk reports, signaling a reset at the derivatives exchange. Read the full article: https://www.spendnode.io/blog/bitmex-removes-ceo-cfo-head-of-growth-june-2026/

El Salvador's 7,696 BTC reserve now has to stay legible through wallet scrutiny, drawdown rules and IMF program conditions. Here is what changes. Read the full article: https://www.spendnode.io/blog/el-salvador-bitcoin-reserve-imf-accounting-pressure-june-2026/

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/