Cryptocurrency News

Analytics firm 10x Research believes that the SpaceX share offering was not the finale but the starting "shot" for three new trades around the space economy. SpaceX held the largest IPO in history, and now, according to analysts, the main opportunity is shifting to the ecosystem around the company. SpaceX placed 555 million shares at $135 and raised $75 billion. Trading opened at $150.

The total value locked in DeFi protocols could grow to $2.7 trillion by the end of 2030. This conclusion was reached by Standard Chartered's head of digital assets research, Geoffrey Kendrick, Cointelegraph writes. According to the expert's forecast, the sector will show 37-fold growth. The main drivers will be RWAs and the development of on-chain protocols. Kendrick noted that currently only 3% of the stablecoin supply and 10% of RWAs are deployed in DeFi. By 2030, the share of use of such assets in protocols could grow to 30%. Scaling the market to $2.7 trillion will require a ninefold increase in the share…

Coinbase CEO Brian Armstrong allowed that bitcoin may already have found a "bottom" around $60,000, but stressed that there can be no full certainty. He said he is maintaining a long position on the asset. Armstrong considers bitcoin "the new digital gold" and expects substantially higher prices by 2030, tying his assessment to the historical four-year halving cycle.

The Fed meeting on June 17 could be a turning point for the crypto market, although a rate cut should not be expected at it. Amid inflation of 4.2% and the risks of the collapse of peace between the US and Iran, the regulator will maintain a hawkish stance, but the first cut of the cycle is being prepared for December. Bitcoin under these conditions retains the potential to move toward $67,000. This forecast was

The Central Bank of the Philippines has approved new cryptocurrency listing rules for licensed virtual asset service providers. The document prohibits platforms from adding and supporting privacy-oriented assets. Before listing coins and tokens, providers must vet them across six areas: issuer information, market maturity, use cases, transparency and security, liquidity and reserves, as well as compliance with the law. Platforms were also required to monitor already-listed assets and to define in advance the conditions for suspending trading or delisting.