SpaceX Plunges to New Low as Musk’s Fortune Bleeds $35 Billion in One Day
Key TakeawaysSpaceX fell near $111 on July 23, more than 50% below its June peak.Elon Musk lost $35.2 billion as...
Business
Mirae Asset completes Korbit acquisition, becomes largest shareholder
Mirae Asset Consulting has become Korbit’s largest shareholder after completing its acquisition, with the exchange saying trading and customer asset...
Falcon Finance Launches USDf Card in More Than 90 Jurisdictions for Daily Spending
Key TakeawaysFalcon Finance launched the USDf card across 90+ jurisdictions for verified users.USDf turns 3 asset classes – crypto, gold,...
Tether-backed Twenty One, Strike merger plan scrapped: Bloomberg
Strike will remain a standalone company after the proposed three-way merger was scrapped, while Twenty One Capital and Elektron continue...
Musk’s SpaceX Targets Thursday Starship Flight as Stock Slips Well Below Its $135 IPO Price
Key TakeawaysSpaceX set July 23 for Starship’s 13th test flight after 4 of 33 engines failed to ignite one second...
Why the US Is Imposing Unprecedented Tariffs Over Brazil’s Free Payment System
Key TakeawaysThe U.S. imposed a 25% tariff on over $11 billion in Brazilian exports to counter unfair trade practices.The USTR...
NSPK CEO Declares the End of Visa and Mastercard in Russia
Key TakeawaysMir cards captured 85% of Russia’s market as sanctions rendered Visa and Mastercard effectively useless.Remaining foreign cards will soon...
Musk’s SpaceX Breaks Below Its $135 IPO Price After a 42% Collapse From Its Peak
Key TakeawaysSPCX closed at $131.11 on July 16, down 3.08% and below its $135 IPO price for the first time.SpaceX...
MoonPay Acquires Glide to Expand Crypto Deposit Tools
MoonPay has acquired the crypto infrastructure startup Glide, integrating Glide’s deposit and routing technology, the companies said in a joint...
Sensex, Nifty 50 Crash, Then Strike Back as India Defies Global Chaos
Key TakeawaysThe Sensex fell 2.15% on July 8 before recovering as Indian mutual funds bought the dip.UPI processed 241.6 billion...
Vietnam launches formal licensing for digital asset trading platforms
The SSC launched the process after the Ministry of Finance issued Decision No. 96. Banks and brokers, including SSI, VIX,...
The US Government Owes $39 Trillion. Here’s Why That’s Bitcoin’s Best Argument Yet
U.S. gross national debt crossed $39 trillion in mid-March, and debt held by the public stood at over $31 trillion....
Japanese Yen Sinks to 162.27, Its Weakest Since 1986, Reviving Intervention Bets – Bitcoin News
Key TakeawaysThe yen fell to 162.27 per dollar on June 30, its weakest level against the greenback since 1986.A wide...
Japan’s Nikkei Poised for 36% Quarterly Surge, Its Biggest Since 1965 – Bitcoin News
Key TakeawaysThe Nikkei 225 is poised for a 36% quarterly gain, its strongest in data dating back to 1965.A rebound...
Bitmine ETH Holdings Reach 5.7M After Joining Russell 1000
Ether treasury company Bitmine Immersion Technologies added more than 27,000 Ether to its holdings last week as the firm joined...
YGG Cuts Game Publishing Arm, Lays Off 35 Staff
Crypto gaming company Yield Guild Games says it has shut down its crypto game publishing arm, YGG Play, and will...
Euroclear Sues in Brussels to Block Moscow Court Ruling on $232 Billion in Russian Assets – Bitcoin News
Key TakeawaysEuroclear sued to void a Russian asset ruling, exposing global clearing risks as Brussels next decides.Russia ordered $232B in...
Rick Rule Warns the Fed May Have to Print Again to Bail out Markets
Key TakeawaysRick Rule warns junk bond ETFs holding trillions in assets face a liquidity mismatch risk.Rule says U.S. federal debt...
Netherlands to tax unrealised Bitcoin gains under new Box 3 rules
Wet werkelijk rendement Box 3 is set to begin on January 1, 2028, according to the Dutch parliament. A 36%...
What the BPS ruling reveals about Australia’s crypto compliance gap
Misleading claims about Qoin approval, liquidity, and merchant acceptance were upheld. The court imposed financial penalties, public notices, and a...
Revolut Notifies Customers of USDT Delisting
Revolut, a crypto-friendly digital banking platform headquartered in the United Kingdom, notified some users it will delist Tether USDt (USDT)...
Japan approves bill to classify crypto as financial assets
Cryptocurrencies now fall under Japan’s securities-style financial laws. Insider trading rules and stricter disclosures will apply. Lower taxes may boost...
