Zcash jumps 25% after Anthropic audit finds no serious protocol flaws
Zcash jumped 25% after an Anthropic audit, Bitcoin neared $67K on the Iran deal, and Kraken moved to launch US perps.
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Crypto had a very good weekend, and geopolitics deserves most of the credit.
Trump's Iran peace deal sent Bitcoin past $66K as risk appetite came roaring back.
The rally lifted basically everything, with SOL and ETH both posting near-double-digit gains.
Meanwhile, institutions kept buying and exchanges kept building, even as fear gauges stayed elevated.
The gap between sentiment and behavior has never been wider.
Zcash surges 25% after Anthropic's AI finds zero critical vulnerabilities
Anthropic pointed its Mythos AI model at Zcash's core protocol and came back with a clean bill of health.
Founder Zooko Wilcox-O'Hearn announced the audit, which was requested by Shielded Labs.
For a privacy coin that lives or dies on cryptographic trust, an independent AI audit is the best endorsement money can't buy.
Markets
Iran peace deal lifts crypto markets across the board
Trump announced a peace deal with Iran, including reopening the Strait of Hormuz.
Bitcoin climbed from $63K to near $67K as the broader market followed.
SOL jumped near $74, ETH pushed above $1,800, and XRP climbed past $1.25.
Kraken opens perpetual futures trading to US clients for the first time
After 18 months of regulatory wrangling, Kraken finally secured CFTC approval for US crypto perps.
The platform processed over $1B in volume within its first 72 hours live.
US traders now have access to the same leveraged tools that offshore exchanges have offered for years.
Strategy drops another $100M on Bitcoin, pushing its stash past 846K BTC
Michael Saylor's firm scooped up 1,587 more Bitcoin between June 8 and June 14.
The company's total holdings now sit at 846,842 BTC, valued at roughly $56B.
At this pace, Strategy is absorbing new Bitcoin supply faster than miners can produce it.
Bitmine buys 77K more ETH, becomes second-largest crypto treasury firm
Tom Lee's Bitmine added 76,881 Ethereum to its balance sheet in a single purchase.
The firm now holds 5.6 million ETH, trailing only Strategy in corporate crypto holdings.
If Strategy wrote the playbook for Bitcoin treasuries, Bitmine is running the same play with Ethereum.
On Our Radar
The credit creep: Crypto desks are quietly becoming lenders, not just brokers.*
Golden ticket in LatAm: Paradigm funds El Dorado's $9 million push into regional payments.
Ripple-backed crypto firm gets the EU's blessing: Keyrock clinches MiCA license for expansion.
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ICYMI
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