24/7 Blockchain industry dynamics and breaking crypto news
Blockworks has acquired rival data platform Messari for over $10 million, a significant discount from Messari's 2022 valuation. The deal highlights the pressure on crypto startups amid the market downturn, as Blockworks shifts its focus from media to data and compliance services.
Read MoreA leading crypto exchange unexpectedly canceled an IPO event due to unforeseen circumstances, promising full refunds. In compensation, it will airdrop $1 million worth of tokenized assets pegged to a specific company's stock, which will later be listed for spot trading.
Read MoreSources report the UAE agreed to unfreeze billions for Iran in exchange for halting attacks, aiming to de-escalate regional tensions and offer a discreet solution to US-Iran conflicts while rebuilding bilateral ties.
Read MoreIsraeli defense minister hints at potential military action to prevent Iran's nuclear capabilities, emphasizing independent operational readiness. Troops have been instructed to prepare accordingly, while rejecting withdrawal from occupied zones. The statement supports US anti-nuclear efforts but urges consistent principles on missile programs.
Read MoreInvestment banking giants Goldman Sachs and Morgan Stanley reportedly earned a staggering $100 million each in fees from a recent high-profile US IPO for a major space exploration company, highlighting the lucrative nature of underwriting major tech listings.
Read MoreData on June 13 shows the Federal Reserve's overnight reverse repurchase agreement (RRP) facility usage experienced a slight decrease. Friday's operation stood at $454 million across six counterparties, down from $460 million the previous day, indicating subtle shifts in short-term liquidity management.
Read MoreSpaceX's stock surged 30% on its June 13 market debut, hitting $175.7 and propelling its valuation to $2.29 trillion. Trading volume reached a staggering $49.8 billion, marking a historic entry into public markets.
Read MoreSpaceX options are set to begin trading next Tuesday, offering investors new ways to engage. With strong stock debut, options are expected to boost market activity and draw capital to space exploration's frontier opportunities.
Read MoreSpaceX options contracts will begin trading next Tuesday, offering investors new ways to engage with the aerospace leader's stock. With shares already active, these derivatives are expected to see strong demand for both speculation and risk management.
Read MorePakistan's Prime Minister announced a major diplomatic achievement: the final text of a US-Iran peace agreement has been agreed upon. Despite disinformation campaigns, Pakistan is facilitating the next steps, bringing lasting peace within reach.
Read MoreData from outage monitoring site DownDetector indicates a significant spike in user reports detailing problems with the Robinhood trading platform. Issues appear widespread, raising concerns about platform reliability during critical market hours.
Read MoreResearch firm CFRA has initiated coverage on SpaceX, issuing a 'Sell' rating with a $115 price target. This assessment reflects a cautious view on the company's valuation and growth prospects, providing a key reference point for investors.
Read MoreOn June 12, 2024, Elon Musk made history by becoming the world's first trillionaire. This unprecedented milestone was achieved following a massive surge in SpaceX's stock price at market open, solidifying his status as a transformative figure in technology and business.
Read MoreSpaceX's highly anticipated IPO launched on June 12th, but pre-market indicative pricing settled at $150, showing a cooling of initial investor frenzy compared to the $135 offer price. Market focus now shifts to its first-day trading performance.
Read MoreFollowing SpaceX's market debut, a significant sell-off hit U.S. space stocks on June 13. Virgin Galactic led the decline, plummeting over 34%. Other key players like Intuitive Machines and Rocket Lab also saw double-digit losses, signaling a market reassessment of the sector's competitive landscape.
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