Cryptocurrency News
SpaceX market cap rises to $3 trillion
Shares of SpaceX (SPCX) reached a market capitalization of about $3 trillion, surpassing Amazon and Microsoft on this metric. The company crossed this threshold less than a week after its initial offering at a valuation of $1.75 trillion. This was noted by representatives of the analytical project The Assembly. Thus, in just a few days of trading, SpaceX burst into the ranks of…
State Street launches a fund tailored to the GENIUS Act
State Street’s investment division has introduced the State Street Stablecoin Reserves Money Market Fund. The product was designed specifically for stablecoin issuers. The fund complies with the requirements of the US GENIUS Act, which took effect in July 2025. The statute regulates the use of money markets to back…
Investors bought up nearly 260,000 BTC during the dip below $60,000
After bitcoin (BTC) fell below $60,000 in early June, investors began actively buying up the leading cryptocurrency. As analyst James Van Straten writes, citing Glassnode data, over ten days they acquired nearly 260,000 BTC, while one of the key demand indicators rose to its highest possible level. Since June 5, investors have bought a
BlackRock launches a bitcoin ETF with an options strategy
Asset manager BlackRock has brought the iShares Bitcoin Premium Income ETF (BITA) to Nasdaq. The bitcoin ETF combines exposure to the coin’s spot price with active selling of covered call options.
Michael Saylor: bitcoin’s rise to $7 million is inevitable
Strategy Inc. executive chairman Michael Saylor has predicted that bitcoin (BTC) could over time rise from roughly $70,000 to $7 million per coin. According to him, such a path is inevitable, and the network will eventually grow to $100 trillion. Saylor presented his forecast in a keynote address titled “Bitcoin Capitalism” at the BTC…
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