Category: 🪙 CRYPTO

SpaceX shares opened at $150 on Friday before rising to $162, marking a strong start to one of the most closely watched stock market debuts in recent years. The aerospace and satellite internet company priced its initial public offering at $135 per share on Thursday. SpaceX sold 555.6 million shares, raising $75 billion in what […]

Key takeaways: Surging oil prices and rising producer inflation have pushed traders to price in a stricter US Fed monetary policy. Massive spot Bitcoin ETF outflows in June show the cryptocurrency is currently failing to act as a stock market hedge. The Nasdaq 100 Index dropped 7.5% in the seven days leading up to Wednesday, […]

TL;DR BA Labs has proposed doubling key LITE-PSM-USDC-A parameters in the Sky stablecoin system from 400 million to 800 million. The proposal says USDC reserves stand at 4.13 billion, up 108% since the last recalibration in October 2024. The change would raise daily refresh capacity to 1.6 billion and total serving capacity to 2.4 billion, […]

Latest developments: VanEck recently launched the first U.S. spot BNB ETF, trading under the ticker VBNB on Nasdaq. The fund gives investors exposure to BNB through traditional brokerage accounts. VanEck Director of Digital Assets Product Kyle DaCruz said the firm focuses on blockchains with measurable adoption rather than purely technical promises. The ETF has attracted […]

SpaceX’s IPO is already spilling into crypto markets, where one whale has opened a $22.3 million leveraged long on SPCX, a synthetic pre-IPO perpetual contract tied to Elon Musk’s aerospace company. Key takeaways: The whale is already sitting on more than $1.15 million in unrealized profit. Synthetic SPCX is trading near $175, roughly 30% above […]

TL;DR Kraken says it has become the Official Crypto Exchange Supporter of the FIFA World Cup 2026. The tournament expands to 48 teams and 104 matches across 16 host cities in Canada, Mexico, and the United States. Kraken says the partnership is designed to drive crypto adoption, education, and brand awareness among global football fans. […]

TL;DR Coinbase’s Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practical. The report estimates about 7 million BTC are quantum-vulnerable because public keys are exposed through legacy formats or address reuse. About 1.7 million BTC are said to sit in legacy Pay-to-Public-Key addresses, including early mined and potentially abandoned coins. […]

TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stablecoin backed 1:1 by USDC locked in Circle’s xReserve on Ethereum. Canton is a permissioned, privacy-enabled Layer-1 network built for regulated financial institutions and tokenized real-world assets. The move adds another exchange connection to institutional […]

The cryptocurrency market reached its definitive bottom for the currency cycle, Standard Chartered Analyst Geoffrey Kendrick said in a note on Friday. The cycle low is now locked in at $59,000 for bitcoin, a 53% drop from its Oct. 6 all-time high of $126,000, according to Kendrick. “Winter is over. Welcome back to crypto Spring, […]

Bitcoin (BTC) miners are back under pressure as data hints that a new buying opportunity is now here. Key points: Bitcoin miners are in the “capitulation” phase of the current bear market, data suggests. A trader argues that there is no “clearer sign” to add BTC exposure as a result. Bitcoin miners are now operating […]