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 […]

Bitcoin’s compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder

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Crypto News

The infrastructure supporting global computing is undergoing a massive shift. True computing power no longer belongs to isolated corporate data centers, but to open, global networks. Speaking at the Proof of Talk summit in Paris, Bittensor co-founder and Crucible Labs partner Ala Shaabana highlighted the staggering math behind decentralized networks. To show the audience what […]

Bitcoin (BTC) price slide may have more to do with AI than Strategy’s sale: Crypto Daily

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Crypto News

Bitcoin BTC$69,395.02 slipped below $70,000 for the first time in two months, leaving cryptocurrency markets vulnerable ahead of a week of important U.S. economic data that could determine the direction of the next move for risk assets. The largest cryptocurrency has lost more than 4.45% in the past 24 hours, and was recently trading near […]

Digital asset firm Keyrock plans to acquire BlockFills out of bankruptcy

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Crypto News

Keyrock, a Brussels-based digital asset services firm, is in the process of acquiring bankrupt crypto trading and lending firm Blockfills, according to two people with knowledge of the matter. A Keyrock spokesperson told CoinDesk that the acquisition is subject to court approval. According to a bankruptcy filing, Keyrock agreed to a purchase price of $3.25 […]

ADA governance vote kills Cardano Summit 2026, approves smaller TOKEN2049 plan

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Crypto News

Cardano’s flagship Summit will not take place in 2026 after the Cardano Foundation’s treasury proposal narrowly failed to secure the supermajority needed for approval, marking one of the clearest tests yet of the blockchain’s new governance system. Governance requires not only participation, but also a commitment to accept collective decisions. The Cardano community has spoken […]