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Browse historical Scribe issues, daily market notes, and editorial briefings.
Bitcoin’s June Expiry Meets the Fed as BitGo Offers a MiCA Workaround
Bitcoin is heading into the Fed with a heavily out-of-the-money June expiry, making positioning and dealer hedging more important than another routine spot update. At the same time, BitGo’s MiCA workaround and fresh Gulf payment activity show institutions are still building ways to operate in crypto even without a clean market trend.
Published
Jun 17, 2026
9 min read
Author: Max Partee
BlackRock Launches BITA as Bitcoin Demand Splits Across Wrappers
BlackRock has turned its bitcoin income strategy from filing into a live fund, showing how institutional crypto demand is being rebuilt through fund design rather than plain spot buying. The rest of the market points the same way: on-chain buying has strengthened, but ETF flows remain uneven and increasingly favor newer or non-bitcoin vehicles over a broad return to the category.
Published
Jun 16, 2026
8 min read
Author: Max Partee
Philippines Bans Privacy Coins on Licensed Exchanges
The sharpest crypto development today is not bitcoin’s move above $66,000 but the Philippines drawing a harder line around what licensed exchanges can offer and how they justify listings. That same question of market access shows up in bitcoin’s squeeze-driven rally and in Aztec Connect’s exploit, where old infrastructure was still live enough to break.
Published
Jun 15, 2026
8 min read
Author: Max Partee
BlackRock’s BITA Nears Launch as Bitcoin’s Macro Bounce Meets Thin ETF Demand
BlackRock’s bitcoin income ETF is moving closer to launch, extending the clearest crypto theme this week: institutions are still widening distribution by changing the wrapper, even as bitcoin’s latest move looks mostly macro-driven and ETF demand remains selective.
Published
Jun 14, 2026
7 min read
Author: Max Partee
Bitcoin’s Quantum Debate Runs Into 6.7 Million Old Coins
Bitcoin’s next governance fight is getting more concrete: cryptographers are sketching a quantum-era migration plan without a clear answer for roughly 6.7 million potentially exposed coins. The same limits on ownership and access show up elsewhere too, as SpaceX stock tokens ran into plain share scarcity and bitcoin’s rebound still looked driven by macro relief more than fresh crypto demand.
Published
Jun 13, 2026
8 min read
Author: Max Partee
Monero’s Spike, Tether’s Freeze, and the New Push to Repackage Bitcoin
Monero’s brief surge on suspected laundering flows and Tether’s $72 million freeze made one thing unusually clear: thin privacy markets can still be pushed around, while crypto’s main dollar rails remain centrally controllable. BlackRock’s near-launch BITA filing and the SEC’s Rule 611 proposal show that the same control question is now shaping regulated funds and market structure.
Published
Jun 12, 2026
11 min read
Author: Max Partee
Japan Rewrites Crypto’s Legal Category as BlackRock Readies a Bitcoin Income ETF
Japan’s lower-house vote to shift crypto into a securities-style legal regime is the clearest development in today’s market, landing alongside BlackRock’s push to turn bitcoin exposure into an income product. Add bitcoin’s continued outperformance over softer altcoin demand and the Philippines’ licensing line on Binance, and the picture is getting clearer: access, packaging, and distribution are becoming the real battleground.
Published
Jun 11, 2026
11 min read
Author: Max Partee
Bitcoin ETF Assets Fall Back to November Levels as Stablecoin Rules Tighten
Spot bitcoin ETF assets have fallen back to post-election levels, a sign that last week’s squeeze-driven bounce did little to restore real demand. At the same time, the GENIUS Act rule fight and South Korea’s police partnership with Chainalysis point to tighter compliance boundaries, narrower open-chain access, and more permanent enforcement capacity.
Published
Jun 10, 2026
8 min read
Author: Max Partee
Humanity Protocol’s Key Breach and Circle’s cirBTC Show Where Crypto Confidence Is Actually Building
Humanity Protocol’s collapse after a reported admin-key compromise is a fresh reminder that crypto risk still sits with the people who hold emergency powers, not just with code. At the same time, Circle’s cirBTC launch shows where confidence is building instead: in tighter, more legible ways to move bitcoin into institutional use, while Strategy’s latest buy and the CLARITY push show how selective that confidence has become.
Published
Jun 9, 2026
10 min read
Author: Max Partee