SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus

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Crypto News

SpaceX is planning to set the price of its initial public offering at $135 per share in a deal that would raise a record $75 billion and value the company at $1.75 trillion, the company said in a filing with the U.S. Securities and Exchange Commission. The aerospace company plans to sell 555.6 million shares […]

Bitcoin (BTC) price RSI momentum gauge hints at recovery. Experts remain cautious: Crypto Daily

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Crypto News

Bitcoin BTC$66,924.57 and the broader crypto market steadied Wednesday from Tuesday’s slide after Strategy (MSTR), the largest publicly listed bitcoin holder, sold a small portion of its stash and spot ETFs extended a record run of net outflows. The cryptocurrency’s 14-day RSI has dropped below 30, a textbook oversold reading. The indicator measures the speed […]