Author: CoinBulletinDaily.com
SpaceX is one of the most valuable companies on the planet, and yet its stock is swinging around like a small-cap meme name.Once you understand the mechanics of SpaceX stock float, the wild price action stops looking like a mystery and starts looking like simple math.$SPCX has now fallen below its $135 IPO price, down 41.5% from its all-time high, a move that has erased $1.25 trillion in market cap. Anyone who bought at the IPO is sitting on a loss. But what I think gets lost in the headlines is why a company this large can move this violently…
Kimi K3, a massive 2.8-trillion-parameter open-weight model from Moonshot AI, breaks the pattern of unsubstantiated hype by delivering genuine, frontier-level reasoning. Backed by impressive third-party benchmark data, this release marks the first time a Chinese model is actively forcing the industry to re-evaluate where the global AI frontier actually sits. Moonshot AI unveiled Kimi K3 yesterday, claiming performance close to Anthropic’s Claude Fable 5 and OpenAI’s GPT-5.6. The model runs on a Mixture-of-Experts architecture with 2.8 trillion total parameters, making it the largest open-weight model released to date, and it ships with a 1 million-token context window capable of digesting…
President Donald Trump has promoted more than 20 companies, including Nvidia, Tesla and Apple, within days of purchasing their shares, according to a CNN investigation. Summary CNN linked Trump’s company promotions to stock purchases made only days earlier. Trump bought up to $500,000 in Nvidia shares before announcing faster AI permits. The findings have added pressure to include ethics rules in the CLARITY Act. CNN found that several Truth Social posts announced or praised government actions that could benefit companies held in Trump’s investment accounts. The report has renewed questions about whether his financial interests conflict with decisions made by…
TLDR: The Bitcoin outlook shows encouraging signs as institutional futures demand improves while Strategy increases its cash holdings to $3 billion. Strategy’s larger dollar reserve covers about 20 months of preferred dividend payments, lowering near-term concerns over forced Bitcoin sales. CME Bitcoin futures and perpetual contracts record positive flows despite inconsistent demand across U.S. spot Bitcoin exchange-traded funds. Strategy holds 843,775 BTC and plans to use future capital raises for additional Bitcoin purchases and further reserve expansion. JPMorgan sees an improving Bitcoin outlook as Strategy expands its dollar reserve and institutional demand returns to derivatives markets. The bank’s analysts point…
Everyone covering ZachXBT’s hardware wallet comments this week is stuck on the same question: which device is safer, a Ledger or an iPhone. I think that’s the wrong question entirely. The one nobody’s asking is what happens to that crypto the day you’re no longer the person who needs to access it. ZachXBT posted on Telegram that he doesn’t trust current hardware wallets for signing critical transactions or storing large amounts of crypto, recommending a dedicated iPhone instead, one used for nothing but crypto management. He aimed his sharpest criticism at Ledger, arguing that constant Ledger Live updates keep disrupting…
According to Tom Lee, the co-founder of Fundstrat, smart contract blockchains could prove to be the best defense for society as artificial intelligence assumes a larger share in the global economy. During his speech at the WebX 2026 conference, Lee explained that Ethereum is all set to move into a new phase of growth after a challenging year. On July 13, Lee, chairperson of Ethereum treasury firm BitMine Immersion Technologies, delivered a special keynote at WebX. In anticipation of the event, Lee referred to the session as an exploration of the “Uncanny Valley of Wealth,” and mentioned to his followers…
Avalanche has launched the Avalanche Payments Collective, bringing together 28 organizations spanning nearly every layer of the global payments stack. Founding participants include Franklin Templeton, VanEck, Anchorage Digital, Paxos, Agora, Ethena, Rain, Axiym, and Tassat, alongside other companies working across stablecoins, settlement, treasury infrastructure, custody, and foreign exchange. This isn’t a small announcement dressed up to sound bigger than it is. The Collective covers payment flows reaching across 150+ countries, 96 currencies, and roughly 22 billion payout endpoints, numbers that put this initiative on a genuinely global scale rather than a regional pilot or niche product launch. For an industry…
NEAR Governance Vote To Scrap Gas Rebates Puts Developer Incentives Under Review is a useful reminder that crypto coverage is not only about token prices. Sometimes the more important story is the infrastructure, regulation, security, or product layer sitting underneath the market noise. The immediate point is straightforward: nEAR governance voted to scrap developer gas rebates. That gives readers something concrete to work with, rather than another vague sentiment update. TL;DR NEAR governance voted to scrap developer gas rebates. The change affects developers who relied on protocol gas distributions. It raises a broader question about how chains should reward app…
JPMorgan has lowered its earnings forecasts for Circle and Coinbase after a new USDC revenue-sharing agreement with Hyperliquid changed how income from the stablecoin’s reserves will be divided. Summary JPMorgan cut earnings forecasts for Circle and Coinbase after the Hyperliquid USDC deal. The bank warned new revenue-sharing terms could pressure stablecoin profit margins. Analysts remain divided as higher interest rates may still support USDC earnings growth. According to a JPMorgan research note, the revised agreement could reduce the long-term profitability of the USDC business for both companies, even as they continue pursuing higher adoption of the dollar-backed stablecoin. JPMorgan Cuts…
Ventuals has fully wound down its HIP-3 DEX, and vHYPE withdrawals are now open. The platform processed its entire withdrawal queue, roughly 380,775 HYPE, at approximately 10am ET today. Anyone who already had a withdrawal queued before today got swept into this same batch automatically. For holders, the math is straightforward. Withdrawals become claimable 7.5 days after processing, the standard 7-day Hyperliquid native unstaking period, plus a 12-hour cooldown on top. That puts the claim window at 10pm ET on June 26 for anyone included in today’s batch. Going forward, new withdrawal requests get processed once every 24 hours, also…