“I think that it still looks good and I have a bag of it that I’m trading,” one popular analyst stated. Many leading altcoins are well in the green today (June 16), but Bittensor (TAO) has failed to follow the overall upswing, posting a substantial daily decline. Even so, several analysts think it could
Binance has launched tokenized SpaceX shares as trading demand pushes the company’s valuation above $3 trillion and drives a surge in SpaceX-linked crypto products. Summary Binance launched SpaceX bStocks with zero maker fees and automated trading support. SpaceX perpetual futures are now Binance’s second-most traded derivatives product after Bitcoin. SpaceX stock surged 12%, lifting the
Key Takeaways Wintermute said bitcoin rose 1.9% as May CPI hit 4.2% and Iran conflict risks eased. Bitcoin ETFs and treasury firms remain weak; AUM fell from $220B to $140B. Wintermute says Fed signals on June 19 could determine if the rebound continues. Wintermute Sees No Confirmed Bottom Despite Bitcoin Rebound Bitcoin found some relief
SpaceX briefly passed Amazon to become the fifth-most valuable company in the world, and nearly eclipsed Microsoft, before the company’s shares pared back those gains before the market closed Tuesday. The newly public company’s stock had already climbed 20% on Monday — its first full day of trading. Tuesday’s news that SpaceX was acquiring AI
Head of Product Nikita Bier added, and swiftly removed, a controversial crypto influencer from the platform’s new starter pack feature. Source link
Avalanche is currently facing heavy FUD as traders question its ability to maintain ecosystem momentum against competitors. Avalanche (AVAX) became one of the most discussed cryptocurrencies on Monday despite the broader market rally, as growing skepticism around the network fueled social media debates. According to Santiment, many users are questioning whether Avalanche can still
Elon Musk’s net worth has briefly climbed to nearly $1.4 trillion, surpassing Bitcoin’s market value at the time after SpaceX shares reached an intraday high of about $225.84 on June 16. Summary SpaceX’s rally briefly pushed Elon Musk’s net worth above Bitcoin’s market value. Warren and Yakovenko clashed over a proposed wealth tax after Musk’s
Key Takeaways Bitcoin fell to a $65,301 intraday low on Tuesday despite a U.S.-Iran MoU lifting traditional markets. The crypto downturn erased 1.4% of market value, sparking $81 million in derivatives liquidations. Santiment predicts the geopolitical truce will eventually rotate global capital back into Bitcoin. Global Markets Diverge as Oil Slides Bitcoin traded down on
Crypto sleuth Tanuki42 claims the middle man selling USDT to Iran is also receiving USDT from DPRK wallets laundering Bybit funds. Source link
In Bitcoin news today, BTC USD is trading above $66,000 on June 16 after the Bank of Japan (BOJ) raised its benchmark interest rate to 1% – the highest level since 1995, while simultaneously pausing its bond-taper program, a dovish offset that helped prevent an immediate risk-asset selloff and triggered $365M in short liquidations out