Category: Business

SpaceX stock has fallen to $119.79 after seven straight losing sessions, leaving SPCX 11% below its $135 IPO price before Tesla’s second-quarter earnings and a renewed Starship launch attempt. TradingView’s one-hour chart shows SPCX pressing against the lower boundary of a descending channel that has guided the stock down from around $170 at the start

Crypto venture funding has reached $1.2 billion in July even as DeFi investment has fallen to its lowest quarterly level since late 2023. CryptoRank data shows that investors completed roughly 25 funding rounds in July as of July 20, keeping capital active despite a sharp decline in the number of announced deals. Monthly fundraising has

Chris Dixon, a prominent figure at a16z, has announced that the venture capital firm is co-leading the Series D funding round for Kalshi, a regulated exchange focused on prediction markets. This announcement, made on October 10, 2025, emphasizes the growing importance of prediction markets in the financial ecosystem, drawing on economic principles articulated by Friedrich

Spot Hyperliquid ($HYPE) exchange-traded products recorded their first weekly outflow since launching in May, according to CoinShares’ weekly Digital Asset Fund Flows report. The products shed $7.26 million in the week ending July 17, ending a run of nine consecutive weeks of inflows. The withdrawal trimmed cumulative net inflows to $301.34 million from $308.6 million.

Wall Street is pulling the plug on technology stocks, and the implication could stretch well beyond just traditional markets. Hedge Funds have aggressively reduced exposure to the US information technology sector, recording net sell-offs in six of the last eight weeks. According to Loading profile preview prime brokerage data, this marks the largest eight-week aggregate

South Korea’s stock exchange (KRX) has activated its 38th trading pause this year after more downward volatility crashed the price of the Korea Composite Stock Price Index (KOSPI) by 4.46%. According to local news reports, the Korea Stock Exchange paused trading today across the KOSPI and Korea Securities Dealers Automated Quotation (KOSDAQ) indices via sell-sidecar

Despite its success in the crypto market, Circle stock is facing pressure as a rival stablecoin, Open USD (OUSD), has entered the fray. Its launch has raised fresh doubts about $USDC’s future growth prospects.

Analysts at Bernstein have raised their price target on Robinhood Markets, based on their investment thesis that the online brokerage’s next phase of growth will be driven by tokenized equities and prediction markets rather than traditional crypto trading. In a Monday research note, Bernstein raised its price target on Robinhood (HOOD) stock to $160 from

Bitcoin miner IREN’s shares rose around 15.7% on Monday after the company raised its year-end AI cloud annualized run-rate revenue target to more than $4 billion following $2.8 billion in new multi-year cloud services contracts with AI developers. The company said about 85% of its revised annualized AI cloud revenue target is now under contract,

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