SpaceX stock (SPCX) fell for a second consecutive trading session on Monday, moving closer to the company’s $135 initial public offering price just days after joining the Nasdaq-100 index. The stock declined more than 4% to trade around $139 as broader US equity markets also came under pressure. The S&P 500 fell to session lows
New York became the first US state on Tuesday to halt the construction of large new data centres, introducing a one-year moratorium as concerns grow over the impact of facilities supporting the artificial intelligence boom. The temporary ban places New York at the center of a broader national debate over how to manage the rapid
Figma stock has staged a modest comeback in the past few days, moving from a record low of $16.80 to the current $23.65. This rebound may continue in the coming weeks after the stock formed a double-bottom pattern and as its earnings report looms. Figma stock technical analysis points to more gains The daily chart
Oracle stock continued its strong freefall this week, reaching its lowest level since April last year. ORCL has slumped by over 62% from its all-time high, with Larry Ellison’s net worth plunging by $60 billion this year to $187 billion. It has become one of the top laggards in the AI space. Oracle stock has
BlackRock’s tokenized money-market fund BUIDL has surpassed $900 million in assets on Avalanche, more than doubling in a week and strengthening the network’s position in the fast-growing market for tokenized real-world assets. According to RWA.xyz data cited by market reports, the Avalanche allocation of BlackRock’s USD Institutional Digital Liquidity Fund climbed from about $464 million
Why Is Bolivia Looking at USDT Now? Bolivia is evaluating whether to integrate Tether’s USDt into its national payments system, a move that could make the country one of Latin America’s most significant test cases for stablecoin use in everyday finance. Economy and Public Finance Minister Jose Gabriel Espinoza said Monday that the government is
Why Did U.S. Government-Linked Wallets Move Crypto to Coinbase? Blockchain wallets linked to the U.S. government transferred more than $288 million worth of bitcoin and ether to Coinbase Prime on Monday, placing seized assets tied to criminal cases inside an institutional exchange and custody environment. Onchain data showed the wallets moved about 3,800.5 BTC and
BlackRock’s tokenized money-market fund BUIDL has surpassed $900 million in assets on Avalanche, more than doubling in a week and strengthening the network’s position in the fast-growing market for tokenized real-world assets. According to RWA.xyz data cited by market reports, the Avalanche allocation of BlackRock’s USD Institutional Digital Liquidity Fund climbed from about $464 million
Thailand’s central bank and Securities and Exchange Commission have launched a joint review of high-value USDT transactions, escalating scrutiny of stablecoin flows that regulators believe may be used to conceal ownership, bypass normal remittance channels or move funds through grey-market networks. The Bank of Thailand and the Thai SEC are examining large stablecoin transactions, particularly
Why Did A Dormant Bitcoin Wallet Draw Market Attention? A long-dormant bitcoin whale moved 2,931 BTC to a new wallet address on Sunday, ending more than seven years of inactivity and drawing attention from onchain analysts watching older supply re-enter circulation. The transfer was worth roughly $188 million at the time of movement. The whale