U.S. federal prosecutors said they seized about $7.1 million from cryptocurrency wallets tied to an investment fraud case that routed $97.1 million through bank and exchange accounts. According to the U.S. Attorney's Office for the Western District of Washington, Geoffrey K. Auyeung received a five-year prison sentence on June 9, 2026, while prosecutors are also seeking $24,707,031 in restitution.

On June 11, the European Central Bank raised its deposit rate by 25 basis points to 2.25%, marking its first increase since September 2023. May eurozone inflation came in at 3.2% year on year, with energy prices up 10.9%, and the ECB said the Middle East conflict is adding broader inflation pressure.

On June 12, Dogecoin hovered near $0.085 after a sharp drop that broke a February uptrend line, while buyers defended the $0.08 area and the $0.10 zone turned into key resistance. Shiba Inu remained weak below major technical levels as traders watched whether current support can hold. Toncoin steadied after sliding from May highs into the $1.50–$1.55 range, and Ethereum showed early signs of consolidation as bearish momentum appeared to ease.

Average monthly trading volume across South Korea’s five major KRW exchanges fell from 125.2 trillion won to 98.1 trillion won in Q1 2026. The pullback was linked to a shift toward long-term holding, stronger domestic equities, and macro headwinds such as higher oil prices and interest rates. Policymakers are also weighing DABA Phase 2 rules, including potential caps and stablecoin issuance frameworks.

XRP is attempting to rebuild upside momentum toward the $1.8–$2 zone after an analysis shared on June 9 said Binance inflows show no new surge in large-holder deposits. The research noted that transfers above 1 million XRP have cooled following a 2025 peak, implying recent weakness may be more tied to liquidations and broader market pressure than aggressive whale selling. At the time of writing, XRP was trading at $1.14.

Bipartisan House lawmakers introduced a bill on Thursday to set up a federal task force to investigate crypto fraud and hacking, led by the U.S. attorney general. The proposal cites more than $11 billion in 2025 losses and aims to coordinate DOJ, FBI, DHS, and Treasury efforts while giving victims a clearer federal reporting route.

BlackRock filed a Form 8-A with the U.S. SEC for its iShares Bitcoin Premium Income ETF (BITA) on June 11, and an analyst said the fund could begin trading on Nasdaq within about a week. The product uses a covered-call approach, writing options on roughly 25% to 35% of NAV each month, and lists a 0.65% sponsor fee aimed at income-focused bitcoin exposure.

Avalanche Treasury Co. is set to begin trading on Nasdaq on Thursday under the ticker AVAT, tied to AVAX One chaired by Anthony Scaramucci and led by CEO Bart Smith. The listing follows a merger with SPAC Mountain Lake Acquisition, a deal initially signed in October at $675 million. The treasury vehicle reports holding roughly 15 million AVAX and says it plans to allocate capital across Avalanche infrastructure, apps, staking, and ecosystem projects.