The SpaceX-linked perpetual futures contract SPCX on Hyperliquid surged to around $183, signaling renewed investor optimism ahead of SpaceX's IPO. This contract, which tracks market expectations for SpaceX's stock price but does not confer ownership, climbed from a weekly low near $153 and now implies a 36% premium over the IPO price of $135 per share. Trading volume and open interest on Hyperliquid remain strong, reflecting growing retail investor interest in crypto-based pre-IPO speculation. Other markets also show bullish sentiment, with valuations and probabilities suggesting SpaceX could exceed a $2 trillion market cap on its first trading day, indicating strong confidence in the company's post-IPO performance.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
