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SpaceX IPO $75 billion: Optimistic and Pessimistic Views for Bitcoin

- SpaceX has raised $75 billion through its IPO, significantly pulling liquidity from the crypto market.
- If SpaceX's stock skyrockets on its launch day, the profits from the IPO could be cycled back into the crypto market.
- $btc #btc

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Source: Decrypt

SpaceX's tokenized IPO campaign raises $557 million on Binance

- SpaceX's tokenized IPO campaign has attracted $557 million on the Binance exchange ahead of its official launch.
- The crypto market is becoming the new hotspot for discovering value ahead of an IPO, especially with the anticipated SpaceX listing on June 12.

$btc $eth #btc #eth

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Source: CoinTelegraph

Crypto scams are rampant during the World Cup, TRM warns

- FIFA and the FBI have issued warnings about World Cup ticket scams.
- TRM Labs has detected crypto fraud activities themed around the World Cup involving multiple wallet addresses.

$btc $eth #btc #eth

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Source: CoinTelegraph

AI Unleashes a 'Vulnerability Catastrophe' for Crypto Security

- The CEO of Immunefi, Mitchell Amador, stated that the surge of advanced AI models is the primary reason behind the resurgence of DeFi hacks.
- He likened the impact of AI on security to a 'vulnerability catastrophe', making it easier for hackers to exploit weaknesses in smart contracts.
- The crypto community needs to proactively upgrade technology and testing processes to combat this new threat.

$btc $eth #btc #eth

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Source: CoinTelegraph

Audiera's AI BEAT Token skyrockets by 1,500% in a month, outpacing Bitcoin and Ethereum

- The BEAT token from the AI project Audiera has recorded a whopping 1,500% growth in just one month, outperforming $btc and $eth.
- However, technical indicators show that BEAT is currently in an extreme overbought zone.
- This increases the likelihood that this token could correct down by up to 35% in the coming days.

$beat $btc $eth #beat #btc #eth

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Source: CoinTelegraph

Japan passes crypto bill, paving the way for ETFs and tax reform

- The Japanese House of Representatives is said to have passed a bill that integrates cryptocurrencies into the country's financial instruments framework.
- This move could open up opportunities for crypto ETFs and more favorable tax policies.
- The bill marks a significant step forward in legalizing and regulating digital assets in Japan.

$btc $eth #btc #eth

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Source: CoinTelegraph

Bitcoin holds strong at $63.2K despite inflation and Iran tensions

- Bitcoin is trading around $63,200, maintaining its recent recovery momentum
- The market is overlooking the highest PPI inflation data from the U.S. since October 2022
- Iran has closed the Strait of Hormuz but BTC remains unaffected
- BTC price shows independence from macroeconomic and geopolitical factors
$btc #btc

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Source: CoinTelegraph

Coinbase rides the wave of the 2026 World Cup as the market anticipates a boom

- According to Bernstein, the FIFA World Cup 2026 could inject billions into prediction markets.
- Coinbase and Robinhood are expected to cash in big, attracting a new wave of users.
- Exchanges are leveraging the sports betting trend via blockchain to expand their market share.

$btc $eth #btc #eth

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Source: CoinTelegraph

There are signs indicating that XRP might dip below $1 in June

- A head-and-shoulders pattern is forming on the short time frame candlesticks for XRP.
- A bear flag is also taking shape, signaling further downside.
- Both technical signals suggest that XRP could drop below the $1 mark in the coming days.

$xrp #xrp

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Source: CoinTelegraph

ETH futures traders are rushing into the $1.6K zone: Can ETH lead the recovery?

- ETH futures traders have ramped up their long positions as Ether trades near the yearly lows of 2026, around the $1,600 mark.
- This move raises the question of whether ETH's recovery can outpace BTC's bounce.
- $btc $eth #btc #eth

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Source: CoinTelegraph

Citibank launches blockchain market for private company stocks

- Citibank, the big player in American banking, just dropped a blockchain-based market for private company stocks.
- This platform offers tokenized depositary receipts for private company shares.
- This move comes as Wall Street is increasingly embracing tokenized assets.

$btc $eth #btc #eth

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Source: CoinTelegraph

Market's taking a nosedive: Can Bitcoin hold the $60K line?

- $1.9 billion has been pulled out from spot Bitcoin ETFs, putting a ton of pressure on the market.
- Major tech stocks are tanking and oil prices are swinging wildly, creating jitters among investors.
- Bitcoin is failing to act as a safe haven against market risks.
- The risk of BTC dropping below the $60,000 support level is very real.

$btc #btc

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Source: CoinTelegraph

Hungary lifts crypto trading restrictions after EU intervention

- The Hungarian government has announced the removal of previous crypto trading limitations.
- Old regulations required approval confirmation for crypto conversions.
- Users and service providers faced the risk of criminal prosecution.
- This reversal decision came after EU oversight and review.

$btc $eth #btc #eth

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Source: CoinTelegraph

Digital Asset raises $355 million from a16z, boosting Wall Street blockchain

- Digital Asset successfully raised $355 million in a funding round led by a16z, valuing the company at $2 billion.
- This investment expands the funding chain from Wall Street financial institutions, as banks ramp up testing on the Canton Network blockchain.
- The Canton Network is a blockchain platform focused on enterprise financial applications, aiming to modernize the infrastructure of traditional capital markets.

$btc $eth #btc #eth

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Source: CoinTelegraph

Ranger's ICO is kicking off, MetaDAO is looking to restructure

- The ICO for the Ranger project runs from January 6 to January 10.
- This sale could ramp up trading volume and revenue for MetaDAO.
- MetaDAO is reportedly considering a restructuring (reset).

$btc $eth #btc #eth

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Source: Blockworks

Bithumb CEO Summoned Over Bribery Scandal in South Korea

- The South Korean police have officially summoned and placed Mr. Lee Jae-won, CEO of the Bithumb exchange, under investigation as a suspect in a bribery case.
- Mr. Lee is accused of hiring a relative of a National Assembly member in connection with bribery activities.
$btc $eth
#btc #eth

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Source: Decrypt

Fold sells $45 million in Bitcoin, clears debt, stock skyrockets 162%

- Publicly traded Bitcoin fintech company Fold has offloaded $45 million worth of Bitcoin to restructure its balance sheet.
- This move allows the company to wipe out its debt, propelling Fold's stock to soar by 162% on Wednesday morning.
- $btc #btc

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Source: Decrypt

Paradigm and Hyperlipid oppose AML rules for stablecoins in the GENIUS Act

- Paradigm along with the Hyperliquid Policy Center are voicing their opposition to the AML regulations for stablecoins in the GENIUS Act.
- These organizations argue that there needs to be clearer limits on the responsibilities of issuers, DeFi apps, and validators when stablecoins are transferred across multiple parties.
- The lack of specific boundaries could complicate enforcement and create legal risks for participants in the ecosystem.

$btc $eth #btc #eth

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Source: Decrypt

Bitcoin and Ethereum Keep Rallying as Inflation Hits 3-Year High

- Bitcoin and Ethereum are extending their recovery after the latest inflation data from the U.S. shows the highest levels in 3 years.
- The sharp rise in the inflation index may reinforce the central bank's decision to maintain a tight monetary policy.

$btc $eth #btc #eth

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Source: Decrypt

CFTC proposes banning bets on toppling US adversaries in prediction markets

- The US Commodity Futures Trading Commission (CFTC) has rolled out new rules targeting prediction markets.
- It bans bets related to outcomes that could be influenced by war or assassination, even if the conflict isn’t explicitly mentioned.
- This regulation impacts decentralized prediction platforms that are booming in the crypto space.
- The move highlights a tightening trend on financial products linked to sensitive political events.

$btc $eth #btc #eth

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Source: Decrypt