{"id":101943,"date":"2026-06-12T09:04:41","date_gmt":"2026-06-12T09:04:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=101943"},"modified":"2026-06-12T09:04:41","modified_gmt":"2026-06-12T09:04:41","slug":"crypto-news-today-june-12-btc-ranging-between-62k-63k-spacex-futures-surge-ahead-of-ipo-and-japan-crypto-reform-bill-edges-closer","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=101943","title":{"rendered":"Crypto News Today (June 12): BTC Ranging Between $62K-63K, SpaceX Futures Surge Ahead of IPO and Japan Crypto Reform Bill Edges Closer"},"content":{"rendered":"<div>\n<p>In crypto news today (June 12), Bitcoin is consolidating between $62,200 and $63,200, up just +0.5% overnight. This move in BTC has traders hoping that a strong support level is forming at $62,000 and could help Bitcoin hold above $60,000. Liquidations have slowed considerably, with just $270M over the past day, down from over $450M yesterday and nearly $2Bn last week.<\/p>\n<p>Of the other major caps, SOL and XRP have shown strength overnight, up +2.2% and +1.9%, respectively. Trading volume continues to cool, at $79Bn over the past 24 hours, down from $81Bn today, indicating declining trader participation.<\/p>\n<p><iframe loading=\"lazy\" title=\"BITCOIN HISTORY IS EXACTLY REPEATING...\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/4JgEbFXHulo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>With BTC consolidating, Bitcoin ETF flows have seemingly slowed, dropping from $213M in outflows on June 10 to just $22M exiting the products yesterday. If outflows continue to slow, and possibly even turn green, this could be the real catalyst behind a larger upside move across crypto.<\/p>\n<p>Although Bitcoin and the broader market have seemingly settled and ETF outflows have slowed considerably, the Fear &amp; Greed Index is still at 12\/100, or \u2018Extreme Fear\u2019, signaling that investors aren\u2019t fully trusting this positive price action.<\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_6a2bcb6c471cc\" data-coin-id=\"bitcoin\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_6a2bcb6c471cc-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_6a2bcb6c471cc-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_6a2bcb6c471cc-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_6a2bcb6c471cc-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_6a2bcb6c471cc-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_6a2bcb6c471cc-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_6a2bcb6c471cc-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_6a2bcb6c471cc-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_6a2bcb6c471cc-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_6a2bcb6c471cc-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_6a2bcb6c471cc-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_6a2bcb6c471cc-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<h2>Crypto News: SpaceX Futures Surge Ahead of IPO Launch<\/h2>\n<p>Crypto traders are already treating SpaceX as if it were a publicly listed asset, even before the company begins trading publicly. SpaceX-linked perpetual futures have emerged as one of the most active speculative trades in the digital asset markets, drawing attention at a time when Bitcoin and Ether are facing regulatory pressure.<\/p>\n<p>SpaceX shares are expected to begin trading on June 12, with an IPO price of $135 per share. The market capitalization is estimated at $1.75 trillion to $1.77 trillion. Investor demand has now exceeded $250Bn for a total offering size of $75Bn.<\/p>\n<p>On crypto exchanges, there is already trading of SpaceX exposure through synthetic and perpetual futures products. Recently, SpaceX-linked futures generated more than $525M in trading volume over a 24-hour period, with some contracts trading at around $162, which is above the expected IPO price.<\/p>\n<p>Binance processed approximately $287M in SpaceX futures volume within a single day. Additionally, Hyperliquid has become a significant platform for pre-IPO speculation, with open interest rising to over $115M ahead of the listing.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/x.com\/search?q=%24SPCX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$SPCX<\/a> premarket on Hyperliquid: $180. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <br \/>IPO price: $135. <br \/>That&#8217;s already a premium before the stock even opens.<\/p>\n<p>Here&#8217;s what&#8217;s actually happening: <br \/>Smart money is hedging positions and locking in profits at these levels. <br \/>Free money \u2014 created out of thin air. <\/p>\n<p>Retail is piling\u2026 <a href=\"https:\/\/t.co\/0telA1UbQr\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/0telA1UbQr<\/a><\/p>\n<p>\u2014 HENNY (@henny_fut) <a href=\"https:\/\/x.com\/henny_fut\/status\/2065329490775953840?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">June 12, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Japan Crypto Reform Bill Moves Closer to Final Approval<\/h2>\n<p>In other crypto news, Japan is advancing a cryptocurrency reform bill that would classify major digital assets like Bitcoin and Ethereum under a framework similar to securities.<\/p>\n<p>This legislation aims to shift oversight from the Payment Services Act to the Financial Instruments and Exchange Act, aligning cryptocurrency exchanges and issuers with traditional finance regulations.<\/p>\n<p>Recently, the House of Representatives approved amendments to this act, which now await a final vote in the House of Councilors.<\/p>\n<p>Key aspects of the bill include restrictions on insider trading in crypto transactions and increased penalties for selling unregistered digital assets, raising prison sentences from three to ten years.<\/p>\n<p>It also requires issuers to publish annual disclosures and expands the authority of Japan\u2019s Securities and Exchange Surveillance Commission to oversee misconduct.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: Japan to regulate crypto like stocks <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f1ef-1f1f5.png\" alt=\"\ud83c\uddef\ud83c\uddf5\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>Lower house just passed the bill.<\/p>\n<p>Crypto = financial instruments.<\/p>\n<p>Lower taxes. Crypto ETFs incoming.<\/p>\n<p>Live next year.<\/p>\n<p>The world&#8217;s 3rd largest economy just legitimized digital assets.<\/p>\n<p>Japan is early. Again.<\/p>\n<p>Source: Bloomberg <a href=\"https:\/\/t.co\/yg8O8vFSr3\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/yg8O8vFSr3<\/a><\/p>\n<p>\u2014 Kyle Chass\u00e9 <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f438.png\" alt=\"\ud83d\udc38\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@Kylechasse) <a href=\"https:\/\/x.com\/Kylechasse\/status\/2064972295630983617?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">June 11, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<div class=\"nnbtc-live-articles-list\">\n<div class=\"nnbtc-updates-container\">\n<div class=\"nnbtc-no-updates\">\n<p>There are no live updates available yet. Please check back soon!<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/crypto-news-today-june-12-btc-ranging-between-62k-63k-spacex-futures-surge-ahead-of-ipo-and-japan-crypto-reform-bill-edges-closer\/\">Crypto News Today (June 12): BTC Ranging Between $62K-63K, SpaceX Futures Surge Ahead of IPO and Japan Crypto Reform Bill Edges Closer<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In crypto news today (June 12), Bitcoin is consolidating between $62,200 and $63,200, up just +0.5% overnight. This move in BTC has traders hoping that a strong support level is forming at $62,000 and could help Bitcoin hold above $60,000. Liquidations have slowed considerably, with just $270M over the past day, down from over $450M [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-101943","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/101943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=101943"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/101943\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=101943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=101943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=101943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}