🔽 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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🪙 Metaplanet to acquire Siiibo Securities for $13M to develop Bitcoin-linked yield products

Japanese bitcoin treasury firm Metaplanet is acquiring Siiibo Securities for ¥2.1 billion ($13 million) as it seeks to develop and distribute Bitcoin-linked yield products directly to investors in the country.

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📈 Solana ranks first in public fundraising over the past 12 months with $884M raised across its ecosystem

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💜💜💜SpaceX listing day

• Quoting starts: ~13:50 UTC (9:50 a.m. ET).
• Trading starts: ~14:00 UTC (10:00 a.m. ET).

Standard Nasdaq open is 13:30 UTC, but for this large IPO it’s delayed slightly for order matching.

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🔝 SPCX breaks above $180 on Hyperliquid

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⚡️ SpaceX shares indicate a $175 open, up 30% from the $135 IPO price, putting its market value above $2 trillion

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❕ Appeals court rejects Sam Bankman-Fried's bid for new trial in FTX fraud case

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🔜 Update: SpaceX shares indicated to open at $165 each

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⚡️ The Nasdaq announces that it expects "a few more hours" before SpaceX shares can begin trading

Additional time is needed to ensure the IPO is "orderly" and that "we get the right price," the Nasdaq's President says.

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🔥 SpaceX shares begin trading after $75 billion IPO

SpaceX shares open at $150 after IPO priced at $135/share.

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📣 Peter Schiff: "With the SpaceX IPO Elon Musk is the first person to surpass J.D. Rockefeller as the richest private citizen ever. However, adjusted for over 100 years of inflation, Rockefeller earned about $2 billion per year in real income. Musk earns nothing. What a difference a bubble makes".

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⭐️ Just Rise & Fall of the selected tokens over the past week.

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⚡️ CFTC sues New Mexico in latest bid to assert authority over sports betting markets

Over the past few months, the CFTC has sued several states to assert its jurisdiction over sports betting, including Wisconsin, Illinois, Arizona, Connecticut and New York.

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🪙 Michael Saylor: "Congratulations Elon Musk and SpaceX on a historic IPO. Thanks to you, 25% of the Mag8* now holds Bitcoin on the balance sheet".

* — Mag8 includes: Alphabet (Google), Amazon, Apple, Meta, Microsoft, Nvidia, Tesla, SpaceX.

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❕ The US government ordered Anthropic to block foreign access to Fable 5 and Mythos 5 over jailbreak concerns

Anthropic disputes the move, saying the reported bypass only revealed minor, known vulnerabilities and that similar capabilities are available in other public AI models.

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💎 32.6% of all ETH is staked

In 2021, it was under 5%. The price fell 60% and the staking ratio accelerated.

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🔥 SpaceX is now valued like the entire aerospace industry combined

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📣 CZ: "Will crypto die? Absolutely not... the super cycle will come".

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💎 Pavel Durov announced on X that the Rich Messages editor for users is scheduled to launch later this month

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