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SpaceX IPO Faces Last-Minute Challenge From US Senator Elizabeth Warren

Elizabeth Warren asked the SEC to delay the SpaceX IPO over investor risks. Her June 9 letter landed one day before SpaceX closed its order books. SpaceX still plans to price Thursday and begin Nasdaq trading on Friday. Senator Elizabeth Warren urged the Securities and Exchange Commission (SEC) to delay SpaceX’s initial public offering (IPO),…
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Large Dormant Cardano Wallets Move as Hoskinson Reappears: Reversal Signal?

Santiment data shows long-dormant Cardano wallets are moving ADA again after months of silence. Cardano’s Age Consumed metric spiked between June 4 and 9, its strongest reading since the April low. Charles Hoskinson reappeared with a bold claim that Cardano can become the operating system for the world. Long-dormant Cardano wallets are suddenly moving ADA…
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SpaceX IPO Can Pump $100 Billion Into Google’s Alphabet Stock

Alphabet stock heads into the SpaceX IPO down 12.67% from its May 18 record yet still up more than 15% in 2026. A SpaceX stake worth up to $107 billion could fund Alphabet’s AI spending without new share sales, supporting TD Cowen’s $475 target. Day-one sellers face no restrictions on 5% of the offering, and…
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Bitcoin ETFs Record Largest Outflow in Over 3 Months as Solana Funds Keep Flashing Green

Spot Bitcoin ETFs lost $635M on May 13, the largest outflow since January 29. Solana ETFs logged zero outflow days in May, drawing $90.83 million so far this month. 21Shares’ new HYPE ETF launched May 12, posting positive flows in two sessions. Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw $635.23 million in outflows on May…
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BitGo Net Loss Widens to $60.7 Million Despite 112.6% Revenue Growth

BitGo Q1 revenue surged 112% to $3.77 billion as net loss reached $60.7 million. Client base grew 42% to 5,569 even as Bitcoin treasury weighed on results. Derivatives launch drove $3 billion in notional volume. BitGo Holdings posted first-quarter 2026 revenue of $3.77 billion, more than doubling from a year earlier. Yet, losses tied to…
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Ripple Ex-CTO Sounds Alarm Over ‘One of the Worst Security Flaws’ He’s Ever Seen

Ripple ex-CTO David Schwartz called the BitLocker flaw one of the worst security issues he has seen. The exploit reportedly bypasses Windows drive encryption with a USB-based method and no authentication prompts. Schwartz also flagged a surge in XRPL airdrop scams and impersonation accounts targeting holders. Ripple’s former chief technology officer, David Schwartz, issued a…
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Trump to Takeover Cuba, Iran War Tensions Rise, Bitcoin Crashes Again

Trump suggested a possible “friendly takeover” of Cuba after weeks of US oil pressure that pushed the island into a deep energy and economic crisis. At the same time, the US increased military presence in Israel as tensions with Iran escalated, adding to global geopolitical uncertainty. Bitcoin dropped over 3% as markets reacted to rising…
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CLARITY Act Still Faces Push From Banks as Yield Fight Stalls Deal

The CLARITY Act’s stablecoin yield negotiations have stalled, with banks and crypto firms still far apart, blocking progress in the Senate. The White House pushed for a weekend deal before March, but sources say draft language is not close to final and no committee vote is scheduled. The bill remains stuck in Senate Banking, and…
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US–Iran War Risk Grows as FBI Accuses Kidnapping of American Citizens

The US designated Iran a State Sponsor of Wrongful Detention, with the FBI highlighting cases of missing Americans. Military tensions are rising, as the US boosts its presence in the Middle East amid escalating friction with Tehran. Markets reacted to the growing geopolitical risk, with Bitcoin falling sharply as uncertainty spreads. Tensions between Washington and…
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Mastercard Hires for Crypto Just as Citrini Warns It Could Be Obsolete

Mastercard posts Director of Crypto Flows role to own stablecoin issuance, DeFi payment scaling, and Web3 network rule upgrades across its infrastructure. Citrini’s doomsday scenario sets Mastercard’s Q1 2027 earnings as the inflection point where AI agents bypass card interchange via stablecoins. The timing suggests Mastercard is racing to absorb the very threat Citrini identified…
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