SpaceX's $2 trillion IPO has highlighted the growing role of blockchain-based exchanges like Hyperliquid and Binance, which offered perpetual futures on SpaceX shares before the IPO. These futures, which have no expiration date, allowed traders early access and closely tracked the stock's actual market price, demonstrating the accuracy and potential of these new trading tools. The success of these perpetual futures pressures traditional exchanges to innovate, as blockchain platforms prove capable of handling large, high-profile financial events smoothly. This development marks a significant step for blockchain technology as a disruptive force in traditional finance, with Hyperliquid's token value rising over 150% this year amid growing interest.
Shares of Strategy Inc. rose 7.5% following a surge in Bitcoin after the US and Iran announced a peace deal to end hostilities and reopen the Strait of Hormuz. This agreement boosted global risk appetite, lifting equities and lowering oil prices, whi...
The leveraged ETFs MSTX and MSTU, which aim to deliver twice the daily move of MicroStrategy (MSTR) stock, have suffered severe losses, dropping about 95% over the past year compared to MSTR's 67% decline. These ETFs use daily reset mechanics and syn...
SpaceX completed its $75 billion IPO on June 12, revealing it holds 18,712 Bitcoin worth about $1.19 billion. The company acquired these Bitcoins in early 2021 when prices were below $40,000 and has since trimmed its holdings. SpaceX ranks 8th among ...
In 2026, spot Bitcoin ETFs have struggled as Bitcoin's price fell over 29%, passing losses directly to investors. In contrast, the Amplify Transformational Data Sharing ETF (BLOK), which invests in blockchain and crypto-related companies rather than ...
GameStop (GME) recently beat earnings estimates and announced a $2 billion buyback, making its $20 price level a strong support and a potential buy-on-dip opportunity with a $39 target. MicroStrategy (MSTR), linked to Bitcoin, faces pressure but coul...
