In crypto information at this time (June 19), Bitcoin has fallen one other -2% in a single day, dropping beneath $64,000, with ETF flows bleeding as soon as extra, whereas Michael Saylor’s STRC inventory continues to crash, fueling fears that Technique shall be compelled to dump Bitcoin to stabilize the STRC value.
Liquidations have picked up, with over $452M over the previous 24-hours and extra worryingly, $361M of that determine coming from lengthy positions. With longs making up the vast majority of every day liquidations, this alerts the market is again in a downtrend, though optimistic merchants haven’t fairly received the memo but.
Whereas the vast majority of the market is purple on the day, Stellar (XLM) and Algorand (ALGO) are defying the percentages, up +7.5% and +5%, respectively. The uncertainty throughout the market has brought on a slowdown in buying and selling quantity, which has dropped to $86Bn over the previous 24 hours, down from round $110Bn only a few days in the past.
The Worry & Greed Index is one other sign that buyers aren’t as optimistic as they had been earlier within the week, dropping to 14/100 from 22/100 on Wednesday. These figures are nonetheless firmly planted in ‘Extreme Fear’, with latest value motion unable to interrupt the index out of this studying.
Crypto News Today: Kalshi Eyeing IPO, Valued at $22Bn as Annualized Income Hits $2Bn
Kalshi, a prediction-markets platform, has not too long ago begun preliminary discussions with funding banks a few potential preliminary public providing (IPO). This transfer comes as the corporate experiences speedy progress.
Based on a report from The Info, which cited sources aware of the matter, Kalshi has already held casual talks about an IPO. The report signifies that Kalshi’s annualized income has surpassed $2Bn, a major improve from $1Bn reported in March.
In Could, the platform efficiently raised $1Bn in a Sequence F funding spherical, bringing its valuation to $22Bn. This spherical was led by Coatue, with participation from distinguished companies together with Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Make investments.
Kalshi and its competitor, Polymarket, stay the most important gamers within the prediction markets sector. Based on knowledge from The Block, Kalshi’s month-to-month buying and selling quantity reached $16.81Bn in Could, up from $14.81Bn in April. In distinction, Polymarket reported a buying and selling quantity of $7.08Bn final month, down from $9.01Bn in April.
#NEW Kalshi passes $2 billion in annualized income, in early IPO talks, in response to The Info
CNBC's @JBoorstin stories.
— CNBC's Quick Cash (@CNBCFastMoney) June 18, 2026
World Leaders at G7 Summit Target North Korean Crypto Hacker Crackdown
In different crypto information at this time, the latest G7 summit assertion expressed vital concern concerning North Korea’s nuclear and ballistic missile packages, highlighting cryptocurrency theft as a part of the broader safety menace.
Whereas the leaders didn’t announce particular measures, they left open the potential of future actions, together with tighter screening for exchanges, expanded sanctions, stress on mixing providers, or nearer coordination with blockchain analytics companies, in response to Cointelegraph.
This language builds on the G7’s place from final yr. Following the June 2025 summit in Canada, the group’s chair urged members to deal with North Korean cryptocurrency thefts that contribute to the nation’s nuclear and missile initiatives.
The newest assertion expands the warning to embody cybercrime extra typically, indicating that governments now understand the problem as bigger than simply remoted cryptocurrency hacks.
This renewed name comes after a number of vital incidents suspected to be linked to North Korean actors, together with the roughly $285M exploit of Drift Protocol in April and the $36M breach of Humanity Protocol in June.
BREAKING: G7 leaders concern joint name to crack down on North Korea’s multi-billion greenback Bitcoin and crypto thefts. pic.twitter.com/v7tXvKmFwi
— Bitcoin Archive (@BitcoinArchive) June 18, 2026
The publish Crypto News Today (June 19): BTC Crashes Below $64K, Kalshi IPO Rumors Begin and G7 Leaders Target North Korean Crypto Hackers appeared first on 99Bitcoins.
