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Crypto

Audiera\'s BEAT token surges more than 1,500 percent in a month as bitcoin and ether slide

Audiera, an AI music platform, has drawn market attention after its BEAT token surged more than 1,500 percent over the past month, while bitcoin and ether fell by double digits. BEAT reached a record $9.2, with Cointelegraph citing revenue-based token burns as a key driver. Audiera reported weekly revenue of 772,045 BEAT from June 1 to 8 and burned 770,545 BEAT in the same period. Analysts also point to large short liquidations and overheating technical indicators.

Finance

Jim Cramer warns SpaceX IPO could face heavy selling on debut from short-term traders

The biggest risk ahead of SpaceX\'s initial public offering may be investors seeking quick profits rather than insufficient demand, according to CNBC\'s Jim Cramer. He said it matters more who receives shares than whether the listing is a hit, even as demand is reported at about four times available allocation. Cramer warned that short-term traders could sell quickly and increase volatility, while long-term retail holders and early institutions could support trading after listing.

Crypto

Bitcoin down 50 percent from record high in shallowest bear market on record

Bitcoin has fallen about 50 percent from its all-time high of $126,080 set in October 2025, but the market has not yet confirmed a bear-market bottom, an analysis said. Data from CoinGecko and CryptoQuant show the current drawdown is the shallowest in bitcoin’s history, compared with drops of more than 90 percent in 2012, about 82 percent in two later bear markets and about 74 percent in 2022. Analysts cite growing institutional participation and ETFs as key factors, while warning risks remain.