SpaceX IPO powers record $3.86 billion in tokenized equities trading in June
SpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08 billion. Source:CoinDesk
Bitcoin bulls battle for $63K as Micron stock eyes 10% drop in US chip sell-off
Bitcoin came off twoweek highs while US stocks dipped and John Bollinger described BTC price action as "at a critical point." Source:Cointelegraph
We’re spending $7,000 to attend 7 weddings this year — and that’s after cutting corners
Plus: How to decline a wedding invitation without feeling like a jerk Source:MarketWatch
SpaceX wins wild praise, with one analyst going so far as to predict a 400% stock surge
Wall Street is using colorful language as analysts cheer major upside potential for SpaceX’s stock. Source:MarketWatch
EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk. Source:CoinDesk
Former Tether investment chief is looking to sell part of his stake in the stablecoin giant: Bloomberg
Richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1.26% holding in the issuer of USDT following his transition…
Bitcoin nears cycle bottom as over half of supply is held at a loss, says K33
K33 said Bitcoin has historically bottomed within weeks of more than half of its circulating supply being held at a loss, with strong oneyear returns following…
Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification
SBI VC Trade says corporate demand for crypto is rising as a weak yen pushes firms to diversify reserves, part of a run that took its registered accounts past…
American workplaces are hostile to workers caring for aging family members. These companies are doing things differently.
Offices are about to be full of employees who have another job taking care of a loved one. Some companies are trying to adjust. Source:MarketWatch
Russia’s oil refineries are burning — and, now, so is its bond market
Fuel shortages in Russia may achieve what nothing — and nobody — else could: force Putin to the negotiating table. Source:MarketWatch
Coinbase gets UK license to expand into derivatives, equities
Coinbase said its UK investment services authorization will allow institutional and advanced traders to access derivatives, while retail users will be able to…
Coinbase secures UK authorization to offer traditional investments alongside crypto
The license allows institutional traders to access perpetual futures and gives U.K. retail customers the ability to trade equities to begin with.…