Cryptocurrency

While many investors view blockbuster AI-related IPOs as a threat to crypto liquidity, the SpaceX public offering could create a wealth effect that finds its way into Bitcoin (CRYPTO: BTC) and digital assets. "Crypto Is A Value Trade" In an interview on June 16, Aaron Arnold, co-founder of Altcoin...

Senators Cynthia Lummis (R-Wyo.) and Ruben Gallego (D-AZ) introduced a bipartisan resolution Wednesday, urging President Trump not to pardon Sam Bankman-Fried, days after a federal appeals court upheld his 25-year sentence. Senate Resolution Calls SBF Pardon Off-Limits Under Any Circumstances The...

David Nage, portfolio manager at Arca, stated that the final hurdle facing the CLARITY Act may have less to do with crypto regulation and more to do with ethics provisions tied to elected officials and senior government leaders. “Three Mechanical Things“ In an X post on June 16, Jeff...

Two weeks ago, traders on X and on Reddit were posting “even Saylor is selling now.” Bitcoin (CRYPTO: BTC) had broken below $60,000 for the first time since the 2024 election, wiping $160 billion in crypto market value in a few days. The Fear and Greed Index hit single digits. The kind...

Solana (CRYPTO: SOL) has clocked $100 million in SpaceX (NASDAQ:SPCX) tokenized stock volume in 24 hours, more than all tokenized equities traded across August and September last year combined. SpaceX Tokenized Trading Is Turning Solana Into A Derivatives Powerhouse The SPCX trading explosion on...

Bitcoin (CRYPTO: BTC) has dropped 10% within days of each of the last six FOMC decisions,—and today the Federal Reserve meets under new Chair Kevin Warsh for the first time. Two Words From Warsh Will Move Bitcoin: Transitory or Persistent Analyst Andre Jek laid out the two-scenario framework...

The U.S. Securities and Exchange Commission (SEC) is reportedly moving closer to allowing crypto firms to offer blockchain-based stocks. The crypto industry is optimistic about the potential of tokenized stocks to transform the stock markets. The new model could enable 24/7 trading and instant...

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and XRP (CRYPTO: XRP) sentiment is improving after the U.S.-Iran agreement eased geopolitical fears, though traders remain cautious after months of volatility. “Healthy” Sentiment For Majors Santiment Intelligence said on X on June 17 that...

SpaceX (NASDAQ:SPCX) has surged 50% since its June 12 IPO to $201.80 while Dogecoin (CRYPTO: DOGE) is trading flat, exposing the clearest evidence yet that the Elon Musk effect on DOGE is dead. SPCX Has Real Revenue, DOGE Has Tweets SpaceX priced at $135, opened at $150, and hit an all-time high of...

The long-awaited U.S.–Iran peace agreement sparked a rally in top tokens in the cryptocurrency market, but the biggest gains didn’t come from Ethereum (CRYPTO: ETH) or Bitcoin (CRYPTO: BTC). Solana Outperforms The Biggies Over the past week, Ethereum advanced by nearly 9% and Bitcoin rose 5....

The S&P 500 fell on Tuesday as investors rotated out of chip stocks and into cyclical sectors, but Polymarket traders are betting the benchmark index will rebound at Wednesday’s open. The S&P 500 closed down 0.57% at 7,511.35, while the June 17 Polymarket contract implied an 78%...

Market commentator The Kobeissi Letter highlighted on Tuesday a record surge in tokenized stocks on Solana (CRYPTO: SOL), led by strong demand following Space Exploration Technologies Corp. (NASDAQ:SPCX)‘s blockbuster IPO. SpaceX Accelerates Tokenization Push Kobeissi Letter drew attention to...

Brian Armstrong, CEO of Coinbase Global Inc. (NASDAQ:COIN), announced on Tuesday the rollout of an AI-powered investment advisor that provides “personalized guidance” by analyzing users' portfolios and account history. Your Personal Strategist On Coinbase Armstrong said on X...

Scilex Holding Company (NASDAQ:SCLX) shares surged 18.79% in Tuesday's regular session after the company announced that its Dream Bowl I Meme Coin tokens could begin trading on Biconomy Exchange as early as June 23. Scilex is a revenue-generating biotech company focused on non-opioid pain...

Cryptocurrency analyst Ali Martinez said on Tuesday that Dogecoin (CRYPTO: DOGE) may continue its upward trend, provided it does not lose key support levels. Will DOGE Sustain The Rally? In an X post, Martinez highlighted DOGE trading in a rising channel on its 1-hour chart, with the lower boundary...