SpaceX shares pushed higher again on Monday, extending the rally that followed one of the largest stock market debuts in history. The stock, listed on the Nasdaq under the ticker SPCX, climbed roughly 12% to $179.97 by early afternoon, up $19.02 on the session and lifting the company’s intraday market value to about $2.35 trillion.
Crypto traders poured money into products tied to Elon Musk’s rocket and satellite business SpaceX (NASDAQ: SPCX), but blockchain markets still could not give them the same thing Ron Baron bought: $1 billion worth of SPCX. The public debut created a funny split, as traditional investors received shares while crypto users received price exposure through
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1812.32, up 5.9% (+100.88) since 4 p.m. ET on Friday. All 20 assets are trading higher. Leaders: TAO (+31.9%) and NEAR (+22.2%). Laggards: BNB (+2.5%) and BTC (+4.2%). The
Bitget’s tokenized Nvidia perpetual market has reached roughly 75% of the liquidity depth of the exchange’s Bitcoin spot market, according to a new joint report from Bitget and analytics firm Block Scholes. According to the report shared with crypto.news, liquidity across Bitget’s tokenized real-world asset perpetual futures has strengthened through 2026, with several equity and
Singapore is making a major push to become one of the world’s most important precious metals hubs. The city-state plans to launch a new over-the-counter Gold clearing system by the end of 2026. This is bringing together major global and regional banks in an effort to connect Asia’s growing demand for bullion with global liquidity.
The U.S. venture capital firm Andreessen Horowitz (a16z) officially opened the doors of its Seoul office, becoming the latest major crypto investor to enter a major market where nearly one in three adults owns digital assets. Aside from a16z, South Korea has received a wave of acquisitions, trademark applications and investments from other companies like