Elon Musk’s SpaceX completed its landmark IPO on the Nasdaq on Friday, but crypto users seeking tokenized exposure to the IPO were left empty-handed after allocations fell through. Read More at https://cointelegraph.com/news/major-crypto-exchanges-cancel-spacex-ipo-allocations-promising-refunds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Bitcoin’s ‘calm top’ challenges most market bottom estimates: Research
New data from Galaxy Research suggests that Bitcoin’s floor price may not drop as low as previous bear markets, but the bottom-finding process is still playing out. Read More at https://cointelegraph.com/markets/bitcoins-calm-top-challenges-old-bottom-targets-what-traders-need-to-know?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin rally to $70K builds as orderbook structure highlights traders’ confidence
A positive bid-ask readings and a bullish RSI divergence support Bitcoin’s recovery, with $70,000 emerging as a key target. Read More at https://cointelegraph.com/markets/bitcoin-data-points-to-a-relief-rally-as-order-book-demand-targets-70k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sam Bankman-Fried loses appeal to overturn 25-year prison sentence
A federal appeals court upheld the former FTX chief’s conviction, while his bid for clemency from President Donald Trump appears to face steep political odds. Read More at https://cointelegraph.com/news/sam-bankman-fried-loses-appeal-to-overturn-25-year-prison-sentence?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin surfs SpaceX IPO at $64K as trader warns key BTC price support may crumble
Bitcoin hit $64,000 as SpaceX launched a record-breaking IPO and US-Iran peace deal hopes continued to grow, but doubts over BTC price support remained. Read More at https://cointelegraph.com/markets/bitcoin-surfs-spacex-ipo-iran-peace-cues-as-trader-warns-62k-may-crumble?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Biz: SpaceX fuels tokenization’s next boom
Tokenized RWAs surge despite crypto volatility, Kraken launches SpaceX IPO xStocks, prediction markets outpace onchain gambling and Sam Bankman-Fried seeks a Trump pardon. Read More at https://cointelegraph.com/news/tokenized-rwas-kraken-spacex-ipo-prediction-markets-sbf-trump-pardon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Polish president vetoes crypto bill for third time ahead of MiCA deadline
Polish President Karol Nawrocki vetoed a bill to implement MiCA for the third time, just weeks before the end of the EU crypto framework’s transitional period. Read More at https://cointelegraph.com/news/polish-president-vetoes-crypto-bill-third-time-mica-deadline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
KuCoin has not paid $2M award tied to delisted token dispute, investor says
A Seychelles court said KuCoin can’t treat unwithdrawn tokens as “abandoned,” and awarded a Swiss investor over $2 million. He says the exchange still hasn’t paid and plans to sue again. Read More at https://cointelegraph.com/news/kucoin-yet-pay-seychelles-court-order-2m-token-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Metaplanet to form securities arm through Siiibo acquisition
Metaplanet will acquire Siiibo Securities and rename it Metaplanet Securities as it builds out Project Nova, its Bitcoin-centric finance strategy in Japan. Read More at https://cointelegraph.com/news/metaplanet-to-form-securities-arm-through-siiibo-acquisition?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SpaceX tokenized IPO campaign draws $557M on Binance ahead of debut
Crypto markets are becoming a new venue for pre-IPO price discovery ahead of SpaceX’s highly anticipated debut on June 12. Read More at https://cointelegraph.com/news/spacex-ipo-550m-binance-crypto-rails-front-run-wall-street-pre-ipo-price-discovery?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound