16 godz. temu
Privacy coins rise 4.5% on June 8 as ZEC and XMR jump, but the sector stays down 12% MTD
On Monday, June 8, privacy coins advanced 4.5%, with Monero up 7.6% and Zcash gaining about 7%, even as the group remained more than 12% below its start-of-month level. The move followed market jitters tied to a Zcash Orchard vulnerability disclosed on May 29 and patched via forks completed by June 3, while positioning data showed "smart money" still net short on ZEC and XMR.
16 godz. temu
17 godz. temu
Devere: SpaceX's June 12 IPO Demand May Be Strong, but Scrutiny Starts After Listing
SpaceX is expected to debut in public markets on June 12, a move Devere Group says will test whether investors still accept huge private-market valuations. SEC filing details include an offering of 555,555,555 Class A shares and an assumed $135 IPO price, with Elon Musk projected to retain about 82.4% voting control after the deal. Devere CEO Nigel Green said fundraising is often the easy part, while quarterly expectations around growth, spending, execution, and profitability will intensify once trading begins.
BTC
BTC-0.16%
17 godz. temu
18 godz. temu
61 Crypto Executives Ask Senate to Pass CLARITY Act While Keeping BRCA Protections
A group of 61 crypto founders, investors, and executives is asking Senate leaders to advance the CLARITY Act while retaining developer protections tied to the Blockchain Regulatory Certainty Act (BRCA). The request was made in a June 9 letter to John Thune and Charles Schumer, after the Senate Banking Committee moved the BRCA forward to clarify how noncontrolling software developers and service providers are treated under U.S. law.
BTC
BTC-0.16%
18 godz. temu
18 godz. temu
Bitcoin holds bearish bias as weekend rebound puts $71.2K bounce on the table
Bitcoin (BTC) rose 8.6% over the weekend, rebounding from $59.1k to $64.2k and marking a local high on Sunday, 7 June before revisiting the $64.2k resistance the next day. The move was supported by improving net taker volume, but realized profit/loss (7DMA) stayed negative for 22 straight days, suggesting continued stress. While a push toward $71.2k is technically possible, the higher-timeframe backdrop remains bearish and a bounce would not necessarily imply a trend reversal.
BTC
BTC-0.16%
18 godz. temu
18 godz. temu
Super Micro shares fall about 10% after outlining a $7B financing plan for AI order backlog
Super Micro Computer (SMCI) slid about 10% in after-hours trading on Tuesday after detailing plans to raise roughly $7 billion to support its AI hardware backlog. The company said the proceeds are intended to help buy components needed to fulfill about $39 billion in advanced AI server orders from more than 20 customers, including AI servers and its Data Center Building Block Solutions.
XAI
XAI-2.56%
18 godz. temu