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⚠️ South Korean police book Bithumb CEO as bribery suspect in lawmaker hiring probe

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🔝 TRON’s total accounts have surpassed 386 million

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SpaceX IPO valuation built on hype, says Chanos

Short seller Jim Chanos argues SpaceX’s planned $1.75 trillion IPO valuation is disconnected from fundamentals and driven by overly optimistic future expectations.

Speaking ahead of the record-breaking $75 billion listing, he said investors are pricing in ambitious narratives rather than realistic earnings prospects, adding that SpaceX’s valuation multiple far exceeds that of Tesla.

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⚡️ BlackRock deposited another 2,100 BTC and 12,679 ETH into Binance and is likely to deposit more

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🪙 Just History: 16 years ago today, a BTC faucet gave away 5 BTC/user and 19,700 BTC total for free

Today, that amount is worth over $1 billion.

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📈 Fed rate hike odds surge as markets expect new Chair Warsh to face Trump test

Market expectations for a Federal Reserve rate increase are rising sharply, increasing pressure on Kevin Warsh before his first policy meeting as Chair.

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⚡️ Telegram is now on Galaxy Watch, Pixel Watch, Xiaomi Watch, and other smartwatches

🔄 Earlier: Apple Watch.

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⚠️ Whistleblower sues Elon Musk's xAI, claiming he was fired after raising Grok safety concerns

Devin Kim alleged he was terminated after repeatedly warning about bias, misinformation, and dangerous outputs from Elon Musk's Grok chatbot.

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Americans secretly drove as much as $34 billion in offshore prediction market bets

A new report from a boutique consulting firm claims that 12.5% to 31.5% of US prediction market volume occurs on offshore platforms.

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🪙 Nakamoto sold about $48 million worth of BTC and derivatives to help reduce debt

NAKA shares finished the day up nearly 10%, but are down almost 39% in the last month.

🔄 Earlier: The worst-performing BTC treasury company.

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🔥 BlackRock filed an 8-A form for the Bitcoin Premium Income ETF

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⌨️ Coinbase says Bitcoin must prepare for quantum threat now

Coinbase's quantum advisory council says crypto developers should begin post-quantum migration work now, warning that unresolved questions around abandoned and vulnerable coins could become one of Bitcoin's biggest battles.

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⚠️ Michael Saylor explains his 32 BTC sale: "I said to you never sell your Bitcoin, I never said that the company wouldn’t sell its Bitcoin".

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🔝 Musk's SpaceX prices record $75 billion IPO at $135 a share

The IPO raised a record $75 billion on ​the sale of 555.56 million shares, valuing the space, satellite and AI provider at $1.77 trillion, a record for an initial offering. Musk retains 82% control, IPO sets aside 30% of shares for retail buyers

🔥 Elon Musk now is the world’s first trillionaire (on paper) thanks to the SpaceX IPO.

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⚡️ Circle has minted another $1B USDC on Solana in the past 24 hours

In total, they have minted $57B USDC in 2026 on Solana.

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💲 Tether blacklisted a wallet tied to the 120.2M USDT Tron transfer, freezing 72M USDT

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⚡️ Circle moved $4 billion to Coinbase on HyperEVM

Arkham says this is the largest USDC transaction ever.

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🔽 Bitwise's Dragosch sees up to 20% further downside for bitcoin, puts 'max pain' scenario at $48,000

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AI cost SpaceX $9.3 billion

Without AI, SpaceX was profitable. With AI, it lost nearly $5B in 2025 and another $4.3B in Q1 2026 alone.

The IPO values SpaceX at $1.77 trillion, but only 4.3% of shares will trade initially. That limited float could drive strong early demand and volatility while making true price discovery difficult.

Retail investors are getting access to just 1.3% of the company, while insiders and major funds remain largely locked up. Those restrictions begin easing within months, potentially increasing selling pressure.

🔄 Earlier: Record $75 billion IPO.

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