Tag: Breaking

Bitcoin breached the critical support level of $75,000 overnight, hitting its lowest price point in nearly a month. The sharp market downturn followed six consecutive days of net outflows from U.S. spot Bitcoin ETFs, totaling more than $1.25 billion. The rapid price decline triggered hundreds of millions of dollars in liquidations, heavily flushing out leveraged long positions across crypto derivatives markets. Bitcoin dropped...

Polymarket has launched a new asset category enabling users to trade on the performance, valuations, and funding milestones of major private companies. The decentralized prediction platform has secured an exclusive agreement with Nasdaq Private Market to serve as the official data and resolution provider. Initial trading contracts allow participants to speculate on the future valuations of high-profile tech unicorns, including OpenAI,...

SpaceX has officially filed its S-1 registration statement with the SEC for a massive initial public offering, targeting a corporate valuation between $1.5 trillion and $2 trillion. The filing reveals a corporate Bitcoin reserve of 18,712 BTC, which represents a fair value of $1.29 billion as of March 31, 2026, and is worth nearly $1.45 billion at current market prices. The digital asset stash is significantly larger than previous blockchain...

Trade.xyz launched synthetic pre-IPO perpetual contracts for SpaceX on Hyperliquid under the SPCX-USDC ticker, drawing $33 million in first-day volume. The market debuted with an initial reference price of $150, implying a starting valuation of $1.78 trillion for the private aerospace firm. Hyperliquid’s native HYPE token bucked broader market declines to rally 7% following the launch of the new derivatives instrument. The decentralized...

Bitcoin faces significant downward pressure as macroeconomic and geopolitical factors trigger widespread market liquidations, even as corporate giant Strategy capitalizes on the pullback with a massive $2 billion acquisition. Bitcoin plummeted below $77,000 Monday morning, hitting multi-week lows as risk assets reacted sharply to rising bond yields and escalating Middle East tensions. The market downturn triggered more than $670 million in...