Bitcoin Impact of SpaceX’s $1.3B IPO Reserve
@SpaceX’s S-1 filing reveals it holds over 16,000 bitcoin, valued at $1.3 billion. This significant position will be marked to market under public company rules. #Update #Crypto $BTC
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@SpaceX’s S-1 filing reveals it holds over 16,000 bitcoin, valued at $1.3 billion. This significant position will be marked to market under public company rules. #Update #Crypto $BTC
Onchain dollars are shifting towards real assets like money market funds and U.S. treasuries, with tokenized assets now valued in billions, indicating a move away from circular yield mechanisms. #Update #Crypto $USDT
Bitcoin surpassed $64,000, peaking over $64,200 as positive geopolitical developments in the Middle East supported sentiment. U.S. spot Bitcoin ETFs saw record inflows of $85.9 million on Friday. #Update #Crypto $BTC
@Etherealize founder Raman notes institutional interest in $ETH is growing, but adoption hasn’t fully reflected in market performance yet. He emphasizes Ethereum’s foundational values and future potential. #Update #Crypto $ETH
@Ondo’s executive highlights that tokenization is rapidly evolving, similar to the $20 trillion ETF market, and envisions AI-driven financial services with real-time asset management. #Update #Crypto $BTC
@Kalshi reports over $1 billion in trading volume for U.S. perpetual futures launched last week, indicating potential growth in the U.S. crypto derivatives market. #Update #Crypto $BTC
Michael Saylor congratulated Elon Musk, stating that 25% of the newly formed ‘Mag8’ now holds bitcoin, including @Tesla and @SpaceX, which collectively own 30,221 BTC. #Update #Crypto $BTC
@LMAX CEO Mercer emphasizes the need for improved collateral movement between traditional and digital finance, citing market volatility as a challenge. #Update #Crypto $BTC $ETH
@Ripple introduces the XRPL AI Starter Kit for AI-agent payments using $XRP and $RLUSD, targeting a market dominated by $USDC; challenges remain in adoption of the x402 payment system. #Update #Crypto $XRP
@Anthropic’s pre-IPO shares decline as the U.S. government orders a shutdown of its AI model Fable 5, citing a narrow jailbreak method; implications for IPO plans remain uncertain. #Update #Crypto $BTC
Top cryptographers debate Bitcoin’s quantum future, with proposals like Hourglass and BIP-361 addressing unmovable coins, amid concerns over potential state attacks. #Update #Crypto $BTC
Bitcoin steadies above $63,000 after a challenging week, aided by macro developments and a small sale by @MicroStrategy, which sold 800,000 shares for $128M. #Update #Crypto $BTC
One source revealed that @xStocks and partners secured over $1 billion in orders, but many were unfilled, impacting platforms like @Binance and @Kraken; demand for tokenized SpaceX stock exceeded supply. #Update #Crypto $SPCXx
The U.S. government is investing $2 billion in quantum computing, prompting Europe and China to ramp up their efforts, intensifying the geopolitical race for technology dominance. #Update #Crypto $BTC