The Bank of Japan (BOJ) is expected to increase interest rates to a level that has not been seen since 1995 at its upcoming policy meeting scheduled on June 15-16. The increase in rates will mark an acceleration of the country’s monetary policy shift, putting further pressure on crypto trading volumes denominated in yen amid
Punters on prediction markets are ramping up bets that Elon Musk may eventually combine Tesla Inc. ) and SpaceX into one entity. What’s Happening On Polymarket And Kalshi? Over $560,000 has already been wagered on the outcome, and the market will resolve to “Yes” if Tesla is merged with or acquired by SpaceX or vice
Avalanche Treasury Co. had a weak first trading session on Nasdaq as its stock closed sharply lower under the ticker AVAT. Avalanche Treasury Co. closed at $1.85 on Thursday, down 38.13% in its Nasdaq debut. Google Finance data showed the stock opened at $2.99, reached a high of $3.00, and fell as low as $1.75
Elon Musk’s SpaceX has officially set its initial public offering at a price of $135 per share on Thursday, setting projections of a $75 billion raise in the largest stock market debut in history and valuing Elon Musk’s rocket and satellite company at almost $1.77 trillion. The offering eclipses Saudi Aramco’s December 2019 IPO, which
Dymension, a well-known modular blockchain ecosystem, and Astra Nova, a cutting-edge AI entertainment network, have partnered. The partnership attempts to incorporate Astra Nova’s AI-driven entertainment platform into Dymension RollApps. As Dymension disclosed in its X announcement, the partnership is set to unveil the Nova Toons intellectual property (IP) ecosystem of Astra Nova into the modular
There is increasing consensus that Bitcoin’s performance pattern, linked to halving events, may be fully intact. Analyst Benjamin Cowen is the latest to reinforce the four-year $BTC cycle, noting that, The four-year cycle for Bitcoin is not broken. In fact, $BTC’s average drawdown in midterm years is nearly identical to what it is now. According
Retail traders have scrambled for SpaceX shares ahead of the aerospace giant’s IPO, with some reportedly seeking loans as demand climbs far above available supply. According to Bloomberg, some investors have gone beyond setting aside cash and have attempted to borrow additional funds in an effort to secure shares in Elon Musk’s rocket and satellite
In a recent turn of events, the average monthly trading volume on South Korea’s five main won-based exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—dropped from 125.2 trillion won to 98.1 trillion. This happened in Q1 2026, which instilled fear that the nation’s crypto market might be losing interest. However, in reality, the cryptocurrency market in South
BlackRock has moved its proposed Bitcoin income-focused exchange-traded fund closer to market debut after filing a key registration document with the U.S. Securities and Exchange Commission. According to a Form 8-A submitted to the SEC on June 11, BlackRock’s iShares Bitcoin Premium Income ETF has been registered for listing on the Nasdaq Stock Market. The
US stocks surged after comments from President Donald Trump reduced concerns about a potential military escalation with Iran. Major equity indexes recorded strong gains after reports said Trump cancelled planned airstrikes and pointed to possible progress in talks with Tehran. Market figures shared online showed more than $1.2 trillion in combined market value returned to