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Coin Mornings
Your daily crypto, before coffee.
Issue #1 · Friday, June 12, 2026
Market mood  Extreme Fear · 12/100
Bitcoin edged up while ether fell slightly amid extreme fear sentiment, as regulatory and security developments shaped institutional crypto interest.
 
 

  The Numbers

Bitcoin (BTC)$63,815  +0.8%
+3.9% this week
Ethereum (ETH)$1,667  -0.6%
+3.6% this week
Total crypto market$2.27T  +0.4%
BTC dominance 56.4% · BTC 49% below its all-time high

  The Movers

Top gainers (24h)

LAB LAB+16.9%
HYPE Hyperliquid+7.5%
M MemeCore+7.0%
JUP Jupiter+5.1%

Top losers (24h)

HASH Provenance Blockchain-9.4%
BDX Beldex-7.3%
WLD Worldcoin-5.3%
BEAT Audiera-5.3%

From the top 100 coins by market cap.

  The Read

Where the chart sits — description, not prediction

Bitcoin is trading below both its 50-day ($74.4K) and 200-day ($77.9K) averages — the longer-term trend reads as down. Over the past 30 days it has traded between $60.9K and $81.1K; today's price sits in the lower third of that range. RSI(14) is 26 — territory traditionally described as oversold.

  The Brief

 Tennessee Man Indicted in Multimillion-Dollar Crypto Ponzi Scheme

Federal prosecutors indicted a Tennessee resident for allegedly running a crypto Ponzi scheme from 2020 to 2024 that defrauded investors of millions, illustrating ongoing enforcement against unlicensed investment operations. (Decrypt)

 Gensler Disputes CFTC's Jurisdiction Over Prediction Markets

Former SEC Chair Gary Gensler rejected the CFTC's claim of regulatory authority over prediction markets and sports betting, signaling ongoing turf battles between agencies over crypto oversight. (The Block)

 Sam Bankman-Fried's Appeal of 25-Year Sentence Denied

A federal appeals court upheld the former FTX CEO's conviction while his clemency petition faces political obstacles, closing one legal avenue for the once-prominent crypto executive. (Cointelegraph)

 Major Exchanges Cancel Tokenized SpaceX IPO Offerings

Bybit, Binance, and Bitget halted tokenized SpaceX share sales and issued full refunds due to share shortage, highlighting operational risks in emerging real-world asset tokenization products. (The Block)

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Crypto 101

What's a CBDC?

A central bank digital currency — government-issued digital money. Philosophically the opposite of Bitcoin: centralized by design. Many countries are piloting them.

Hit reply: What's one crypto term we should explain in a future Crypto 101?
A human reads every answer.

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative.me, captured shortly before send.

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