Presented by

OVERVIEW

Market Sends One ‘Hey Stranger’ And Man Deletes The Eleven-Paragraph Breakup Speech He'd Been Perfecting For Two Weeks📆

Here’s What’s Happening 👇️

Today’s top trending tickers: $XRP ( ▲ 11.86% ) , $ELON ( ▲ 12.32% ) , $HYPE ( ▲ 10.29% ) , $ZBCN ( ▲ 12.03% ) , and $SHIB ( ▲ 3.51% )

SPONSORED BY GRANITESHARES
Trade SpaceX Both Ways: 2x Long SPAL and 2x Short SNK Daily ETFs

SpaceX is going public under ticker SPCX, and GraniteShares is launching two ways to trade the move. SPAL, the GraniteShares 2x Long SpaceX Daily ETF, seeks daily investment results of 200% of the daily performance of SPCX. SNK, the GraniteShares 2x Short SpaceX Daily ETF, seeks daily results of -200%. Both funds reset daily and are built for short holding periods. They are riskier than non-leveraged funds, and you could lose your entire investment. Results over periods longer than a single day will likely differ in both amount and direction.

GraniteShares is not affiliated with, endorsed by, or sponsored by SpaceX. Carefully read the prospectus before investing.

The fund does not invest in the underlying stock. Investment in these funds is not an investment in the underlying stock. These ETFs involve significant risk and are a short-term trading vehicle. Please go through the Prospectus and risk information before investing. For important risk disclosures, learn more at https://graniteshares.com/

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

NEWS
Privacy Leading The Way 📈

Pull up almost any chart this year and it's red. Ethereum is down roughly 39% YTD; the total market cap is off about 23%. Then there's privacy - green on the month, green on the year, and up triple digits over the trailing twelve.

Equal-weight a privacy basket ( $NEAR ( ▲ 15.52% ) , $ZEC ( ▲ 22.69% ) , $XMR ( ▲ 9.34% ) , $WLD ( ▲ 18.4% ) , $DASH ( ▲ 10.79% ) ) and you get roughly +14% MTD, +14% YTD, and +241% year-over-year, against a market down 30ish% over the same stretch.

What makes this run different from the last privacy cycle is that it's no longer one idea based on obfuscating (who, what, and where). It has, in fact, widened into three primary focuses:

• Transactional privacy - the originals (Monero, Zcash, Dash), hiding who paid whom with cryptography.

• Identity privacy - proof-of-personhood (Worldcoin), using zero-knowledge proofs to confirm you're a real, unique human without exposing who you are. On an internet drowning in AI-generated everything, that's a problem worth solving - and worth paying for.

• Confidential compute - private execution and private AI (NEAR), where transfers and AI prompts run inside encrypted environments the network itself can't see. NEAR shipped working confidential cross-chain payments this Spring.

"Privacy" used to mean a handful of payment coins fighting for survival. In 2026 it's a multi-front theme - money, identity, and computation - arriving exactly as the AI era turns data privacy from a nice-to-have into core infrastructure.

None of this moves in a straight line - these are narrative-driven, high-beta names, and they trade like it. But the setup is different: a coherent, expanding sector that's outperforming.

NEWS
Kraken Joins The Onshore Perps Scramble 🎰

Perps contracts (contracts that never expire) now make up roughly 90% of global crypto derivatives volume, north of $60 trillion in 2025. Anyone Stateside who wanted in had to go offshore to Binance, Hyperliquid, Bybit, etc and swallow the legal and tax risks that came with it.

That window started closing in 2025, when the CFTC opened a regulated path and $COIN ( ▲ 6.16% ) and Kalshi moved their perps onshore. Kraken is now through the same door, launching no-expiry perpetual futures for eligible US clients on Kraken Pro, inside the CFTC perimeter.

But Kraken is a little different. Their parent company Payward bought Bitnomial earlier this year, and Bitnomial carries the full US derivatives license stack - exchange, clearinghouse, and brokerage.

Perps now sit in the same account as spot, margin, and futures, backed by one pool of collateral. Rather than stranding capital across half a dozen venues to keep every position funded, a trader cross-margins the entire book against one counterparty.

I’m definitely interested to see how much perp volume is picked up here in the States now that this is becoming more common.

RWA
Uh Oh: Somebody Might Own The On-Ramp to Tokenization 🫢

$DVLT ( ▲ 10.08% )would like a word.

The USPTO issued a Notice of Allowance on June 4 for an application covering the "tokenized minting, authentication, and utilization of assets" - the full lifecycle of turning a real-world asset into an on-chain token and moving it across venues.

Now, don’t panic (yet), because it’s an allowance. An allowance is not a granted patent, and claims can narrow, and prior stuff exists. But the patent only has to issue once, and it only has to be defensible enough to make litigation expensive.

So, what were to happen if its a full out, all the bells and whistles patent, right as institutional issuance goes vertical and CLARITY drags the whole asset class onshore?What happens to entities like Securitize, Ondo, Centrifuge, and the chains hauling tokenized treasuries are minting and authenticating assets inside someone else's claimed lifecycle?

No idea.

But there’s a boat load of entities in the tokenization space right now with a boat load of money tied up into it: $BLK ( ▲ 1.05% ) ’s BUIDL, Franklin Templeton’s BENJI, $AVAX ( ▲ 7.16% ) , $XRP ( ▲ 11.86% ) , etc.

Maybe the claims come out toothless. Maybe. But the excuse, ‘meh, it’s not official’, ends the day the USPTO makes it official.

NEWS
Juicing That Sweet, Sweet Yield 🍋

Somewhere between $25 and $80 billion in stablecoins is parked on centralized exchanges doing nothing, the financial equivalent of cash under a very large mattress. $PLUME ( ▲ 10.4% ) and Bybit want to change that up a bit.

Their new Bybit RWA Earn puts two institutional fixed-income funds - PIMCO's $PDO ( ▲ 1.09% ) and CMB International's investment-grade bond fund - into a tokenized vault, issued via DigiFT on Plume.

Drop in your idle stables, collect yield that flows , dividends, and interest, with no crypto price exposure attached. The income keeps accruing even when the market is bleeding. And it beats chasing DeFi farm APYs that vanish the second you blink.

So where does the sweet yield come from? PIMCO's PDO is a closed-end fund paying roughly 11% - earned by running around 35% leverage into high-yield credit and mortgage paper, with a managed distribution that can dip into return of capital, and shares that swing to premiums and discounts against NAV.

And it’s a little different approach than we’re used to reading about. This is all about bringing TradFi on-chain instead of reinventing it on-chain.

PRESENTED BY GRANITESHARES
Trade SpaceX Both Ways: 2x Long SPAL and 2x Short SNK Daily ETFs

SpaceX is going public under ticker SPCX, and GraniteShares is launching two ways to trade the move. SPAL, the GraniteShares 2x Long SpaceX Daily ETF, seeks daily investment results of 200% of the daily performance of SPCX. SNK, the GraniteShares 2x Short SpaceX Daily ETF, seeks daily results of -200%. Both funds reset daily and are built for short holding periods. They are riskier than non-leveraged funds, and you could lose your entire investment. Results over periods longer than a single day will likely differ in both amount and direction.

GraniteShares is not affiliated with, endorsed by, or sponsored by SpaceX. Carefully read the prospectus before investing.

The fund does not invest in the underlying stock. Investment in these funds is not an investment in the underlying stock. These ETFs involve significant risk and are a short-term trading vehicle. Please go through the Prospectus and risk information before investing. For important risk disclosures, learn more at https://graniteshares.com/

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

NEWS IN THREE SENTENCES
AI, Stablecoins, & Privacy News 🕵️

🪞 Tool Dares To Check Whether The Audited Code Is The Code That Shipped

Finally, one worth our attention. $ANT ( ▲ 1.0% ) ’s EVM Mirror closes one hell of an ugly gap that exists - the audited Git commit, the deployed bytecode, and the verified explorer source are three different things, and only one of them can drain your wallet. Three commands, proxy-aware, open source, shipped as a tiny read-only Deno binary.

💵 Dash Adds Cross-Chain Swaps, Reminds Everyone It Never Left

$DASH ( ▲ 10.79% ) wired Maya Protocol into DashPay, so you can swap Dash to BTC, ETH, SOL, or stables without the wallet turning into a 40-token junk drawer. Keeping it Dash-only while routing everything else through decentralized rails is a genuinely sensible UX call.

🔐 COTI Turns On-Chain Privacy Into A Light Switch You Can Flip Four Times

Well this is kind of cool: $COTI ( ▲ 6.2% ) lets you flip a public token to private and back inside MetaMask, powered by their garbled circuits and priced at a fraction of a penny in gas. The reversible public-private design beats the usual mixer-shaped privacy that traps your funds in a one-way room.

NEWS IN THREE SENTENCES
Metaverse, NFT, & Gaming News 🎮️

🍕 Browser Token Still Alive, Celebrates By Sponsoring Chess Skins And A Pizza Party

$BAT ( ▲ 5.87% ) ’s survival strategy in 2026 is a grab bag of discounted research subs, a livestream tipping plugin, a no-KYC shopping app, and something called the GuanoCoin BAT Cave on $SOL ( ▲ 10.85% ) . There's a Pudgy Penguins card and a Brave-branded pizza that hit 109 events worldwide.

OLD NEWS
Stuff That Happened Today, But A Long Ass Time Ago ⌛️

June 15

• 763 B.C. - Assyrian records note a major solar eclipse on June 15, 763 BCE. It became one of those ancient anchor dates historians use to pin down Near Eastern chronology.

• 1215 - Under threat of civil war, King John sealed Magna Carta, limiting royal power and becoming one of the foundational documents in constitutional history

• 1389 - Serbian prince Lazar’s army fought the forces of Ottoman Sultan Murad I, and the battle concluded with an Ottoman victory

• 1667 - The first fully documented human blood transfusion happened

• 1775 - George Washington was named commander of the Continental Army

• 1776 - Delaware declared independence from Britain and Pennsylvania

• 1844 - Charles Goodyear patented vulcanized rubber

• 1864 - U.S. Civil War - The Battle of Petersburg began

• 1991 - Mount Pinatubo exploded in the Philippines. The eruption was the second-largest volcanic eruption of the 20th century and injected enough sulfur dioxide into the stratosphere to temporarily cool global temperatures.

Get In Touch 📬

Email me, Jonathan Morgan, feedback; I’d love to hear from you. 📧
Follow me on Stocktwits 🫂 And Sponsor this newsletter 😎 

Terms & Conditions 📝

Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital, and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The Content is to be used for informational and entertainment purposes only and the Service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on Content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks, and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which Content is published on the Service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍

Author Disclosure: The author of this newsletter holds positions in AVAX, ADA, PUDGY, WLD, NEAR, INJ, LTC, LINK, ZEC, XLM, and FET. 📋