Cryptocurrency News

SpaceX priced the largest IPO in history Thursday night and spent Friday proving investors meant it. Record Raise, Record Wealth The company priced 555.56 million shares at $135 apiece on June 11, pulling in $75 billion in a primary offering that more than doubled Saudi Aramco’s 2019 raise. When the stock opened at $150 on…Read More

Bitcoin Magazine Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low Standard Chartered says crypto’s cycle low is likely in, arguing that Bitcoin’s drop to roughly $59,000 marked the bottom and that easing IPO-related selling pressure, improving macro conditions, and renewed institutional demand could pave the way toward its $100,000 year-end target.…Read More

PRESS RELEASE. The XRP ecosystem is heating up once again as the latest XRP Ledger upgrade designed to improve network performance, scalability, and efficiency and investors are increasingly looking beyond XRP itself and toward the next generation of projects being built on XRPL. One project attracting significant attention is SurgeXRP. Its ongoing $SGP presale has…Read More

Metaplanet has agreed to acquire Siiibo Securities, a licensed Japanese Type I securities firm, as part of its Project Nova strategy. The deal gives the company a regulated distribution platform for bitcoin-linked yield products aimed at Japan’s large pool of cash-heavy household assets. Metaplanet Targets Japan’s $7.4 Trillion Cash Pile With Bitcoin-Linked Investments Metaplanet is…Read More

Bitcoin Magazine Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race Blockworks’ acquisition of Messari for just over $10 million combines two major crypto data platforms. This post Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race first appeared on Bitcoin Magazine and is written by Micah Zimmerman.Read More

Bitcoin briefly breached $64,000 following U.S. President Donald Trump’s announcement of a tentative peace deal between Washington and Tehran. Bitcoin Eyed $64K Amid Geopolitical Whiplash On June 12, bitcoin breached the $64,000 mark as enthusiasm was sparked by U.S. President Donald Trump’s announcement that Washington and Tehran had reached a deal to end hostilities. Market…Read More

Crypto ETF flows remained mixed on Thursday, June 11, as bitcoin ETFs posted a fifth straight day of outflows and ether funds recorded their third consecutive negative session. Still, the scale of redemptions narrowed, while HYPE ETFs stayed positive and solana funds slipped back into outflows. Bitcoin and Ether ETFs Stay Negative While HYPE Funds…Read More

Bitcoin Magazine SpaceX Officially Joins Public Bitcoin Leaderboard as 8th Largest Holder With 18,712 BTC Elon Musk’s SpaceX is set to begin trading on the Nasdaq under the ticker SPCX on Friday, officially joining the ranks of public Bitcoin treasury companies with 18,712 BTC worth roughly $1.29 billion, making it the eighth-largest corporate holder of…Read More

Bitcoin Magazine Sam Bankman-Fried Loses Appeal to Overturn FTX Fraud Conviction One of Sam Bankman-Fried’s final viable avenues to overturn his conviction closed Friday after a federal appeals court upheld both his fraud conviction and 25-year prison sentence, keeping the disgraced FTX founder behind bars. This post Sam Bankman-Fried Loses Appeal to Overturn FTX Fraud…Read More

Bitcoin Magazine Strategy Stock MSTR Offers Bitcoin Exposure At 18% Discount Buying $1 Of Bitcoin For $0.82? Why Strategy Stock MSTR Is Flashing Rare Buy Signals. This post Strategy Stock MSTR Offers Bitcoin Exposure At 18% Discount first appeared on Bitcoin Magazine and is written by Matt Crosby.Read More