Goldman Sachs expects SpaceX’s AI revenue to surge from $3.2 billion in 2025 to $322 billion by 2030, according to forecasts shared with a potential investor and reported by the Financial Times. The projection comes as SpaceX prepares what could become the largest IPO in US history. The company is seeking to raise $75 billion
S&P Dow Jones Indices will keep its existing eligibility requirements for benchmarks including the S&P 500, rejecting a rule change that could have allowed newly public megacap companies such as SpaceX, OpenAI, and Anthropic to enter the index faster. S&P said Thursday it will not grant exceptions to its financial viability, seasoning, and investable weight
America’s largest banks are preparing a direct response to one of crypto’s fastest-growing products: stablecoins. JPMorgan Chase, Bank of America, Citigroup and other major lenders said Friday that they plan to launch a shared tokenized deposit network through The Clearing House by the first half of 2027. The project would allow bank deposits to move
James Wo, the founder and chief executive of crypto investment firm DFG, says bitcoin remains the dominant institutional asset in crypto — and ether is unlikely to reach the same status anytime soon. Speaking to CoinDesk at the Proof of Talk conference in Paris, Wo rejected Bitmine Immersion Technologies Chairman Tom Lee’s big prediction that
A Bitcoin address that had held 35.55 bitcoin worth $2.54 million untouched since March 2011 moved its coins earlier this wee,, becoming one of the first publicly visible responses from a named defendant in a New York state lawsuit that claims legal title over 39,069 dormant bitcoin wallets. The wallet, 1LwWtSs7tMCwcRczQd5kVMv3xpWw6w4Sxe, sent 15 $BTC to
Appointee will meet SEC and NYSE independence standards, restoring the audit committee to full composition 6 June 2026 – Tether International, S.A. de C.V. (“Tether International”), the controlling shareholder of Twenty One Capital (“XXI”), today announced it has designated an additional independent director to XXI’s board, filling the audit committee seat opened by recent board
AI stocks now make up about 40% of the U.S. stock market, according to Bravos Research, a level similar to concentrations seen before the 2000 Dot-Com crash and the 1929 market downturn. The firm said the U.S. technology index has nearly doubled over the past 12 months. Over the last 26 years, similar gains occurred
Bitcoin, the first and largest cryptocurrency by market capitalization, hit a new low, tumbling below February’s levels. Early that month, Bitcoin dropped as low as $60,062. Bitcoin dropped as low as $59,073 on Friday, the lowest since October 2024, with analysts dubbing the price a “fresh Bitcoin bear market low.” The drop followed a strong
Following bitcoin’s worst week in two years, Strategy(MSTR) Executive Chairman Michael Saylor published a framework on X, arguing that the Bitcoin community is evolving into four distinct ideological camps. Rather than viewing these groups as competitors, he presents them as complementary forces that will collectively shape bitcoin’s future. The first group, Bitcoin Maximalists, sees Bitcoin
Bitcoin ($BTC) trades near $60,000 after a 5% daily drop, leaving it about 50% below its record high. Three widely shared charts argue that the four-year cycle is intact and that the deeper cycle bottom still lies ahead. The setup echoes recent BeInCrypto analysis, placing the cycle low in the fourth quarter of 2026. The