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For crypto, SpaceX's stock market debut could go either way
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This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Tech
Social chatter support for XRP has dropped to levels not seen since October, a point that has previously been a cue for traders looking to make short-term bullish bets on the Ripple-linked token.
Tech
SpaceX shares opened at $150 on Friday before rising to $162, marking a strong start to one of the most closely watched stock market debuts in recent years.
Tech
FTX founder and former CEO Sam Bankman-Fried lost his effort to overturn his conviction on fraud and conspiracy charges tied to the operation and collapse of his former crypto trading empire on Friday.
Tech
The Nasdaq-100 rebalance takes effect on June 22, with CoreWeave (CRWV) and Nebius Group (NBIS) among the five companies being added in the index's quarterly reshuffle.
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A SpaceX-linked perpetual contract on Hyperliquid, trading under SPCX, rebounded sharply into stock's expected Friday debut after spending three weeks cutting the implied first-day premium on Elon Musk’s rocket and sate…
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XRP bounced sharply from last week's selloff, reclaiming $1.14 on its strongest volume in weeks. Buyers pushed the token through resistance near $1.12 and kept buying into the close, a change from the short-lived reboun…
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Prediction markets should not preempt state laws around sports gambling, the former head of the Commodity Futures Trading Commission and Securities and Exchange Commission, Gary Gensler, said in a court filing late Thur…
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There is a simple signal to get that confirmation. Right now, it is saying the rebound has not started.
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Blockchain is no longer just a story of Wall Street banks and brokers leveraging the technology to optimize finance. Now, corporates are embracing distributed ledger to streamline business operations.
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The risk-off mood that hammered crypto all week is reversing. Bitcoin is back in the green, and the trigger was a sudden de-escalation in the Iran war.
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SpaceX has priced its shares at $135, according to a filing with the U.S. Securities and Exchange Commission on Thursday, setting the stage for one of the most closely watched public market debuts in recent years.
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Banks are focusing on pulling stablecoins and tokenized forms of more traditional financial instruments into one integrated package to meet growing institutional demand for multi-asset flexibility.
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Coinbase said it launched a new product called Coinbase for Agents, a platform that allows artificial intelligence agents such as ChatGPT and Anthropic's Claude to connect directly to users' Coinbase accounts and carry …
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Trading floor of the New York Stock Exchange in New York City. Justin Guariglia/xPACIFICA/Redux
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Cryptocurrency is currently legal in 119 countries and four British Overseas Territories. This means more than half of the world's countries have legalized cryptocurrency. 64.7% of countries that have legalized crypto a…
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Bitcoin trading is unlawful pursuant to Islamic Sharia, says Egypt's grand mufti - Economy - Business - Ahram Online Bitcoin trading is unlawful pursuant to Islamic Sharia, says Egypt's grand mufti - Economy - Business …