Space X IPO: 'Bad news' for tech stocks but what about Bitcoin?
SpaceX’s IPO could turn the Mag 7 into a Mag 8, with Tesla and SpaceX comprising 25% of the group's Bitcoin balance-sheet exposure....
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CoinDesk 20 performance update: NEAR surges 19.4% as index trades flat
Internet Computer (ICP), up 4.3% from Thursday, joined NEAR Protocol (NEAR) as a top performer....
Trump Media moves another $205 million in bitcoin as losses on crypto bet swell to $455 million
Trump Media transferred 2,650 bitcoin ($205 million) to Crypto.com, intensifying concerns about its struggling crypto strategy. The company's bitcoin losses now total $455 million as holdings trade far below their $118,522 average purchase price. This follows the withdrawal of its spot bitcoin ETF application amid severe financial pressure—Q1 showed a $405.9 million loss on minimal revenue.
OKX and ICE are bringing 'never-expiring' oil futures to 120 million crypto users
OKX and Intercontinental Exchange (ICE) launched perpetual oil futures based on Brent and WTI benchmarks, opening energy products to 120 million crypto traders. The partnership marks growing convergence between crypto and traditional finance, with ICE leveraging its NYSE ownership to bridge markets. This follows Hyperliquid's successful oil perps generating $1.6 billion daily volume, signaling regulatory acceptance of perpetual derivatives.