π¨ Stocks and Bitcoin are telling different stories.
Today's move:
β S&P 500: +1.08%
β Nasdaq: +1.91%
β Dow: +0.14%
β Bitcoin: -2% to ~$63K
The Fed signaled another rate hike remains possible this year.
Why are stocks cheering while Bitcoin is pulling back?
Here are 5 wild stats from SpaceXβs first week on the Nasdaq:
1. SpaceX raised $85.7B in its IPO, including the greenshoe option, nearly 3x the size of the previous record IPO.
2. $85B worth of shares traded on day one alone. Its first 3 days averaged $66B per day, more than SPY, QQQ, and Nvidia.
3. Elon Musk became the worldβs first trillionaire, with his 46% SpaceX stake now worth over $1T.
4. SpaceX reached a $2.66T market cap, moving above Amazon and briefly passing Microsoft.
4. SpaceX reached a $2.66T market cap, moving above Amazon and briefly passing Microsoft.
The IPO was historic. The first week was even crazier.
π¨ Intel surges on a potential game-changing partnership.
What's happening?
1. $INTC jumped as much as 9% premarket
2. Trump said Apple agreed to design and build chips with Intel in the U.S.
3.;Apple would become one of Intel Foundry's largest customers
4. The deal has not yet been officially confirmed
If true, this could mark a major turning point in Intel's turnaround story.
.@binance has been going through the MiCA licensing process in Greece for around 18 months.
The application was reviewed by the Greek regulator, HCMC, and was considered compliant with MiCA requirements. It was also reviewed at ESMA level.
Still, a final formal decision has not been reached yet.
Europe has a real chance to lead in digital assets.
But for that to happen, MiCA needs to be fair, clear, and applied the same way across all EU countries.
For users, Binance said that you can continue to access, withdraw, and manage your Binance account. Assets remain secure and accessible.
Binance also remains committed to Europe, its users, and operating in compliance with applicable law.
An update on our MiCA licensing journey πͺπΊ
Binance remains fully committed to securing our MiCA license and operating under a unified European framework.
With 1,500+ compliance professionals globally, we continue to work closely with regulators while keeping users at the center of every decision.
Our priority remains clear: minimize disruption and deliver the best possible experience for our users.
We will provide a further update before 30 June 2026.
Read the official statement π https://t.co/DDjPj5c9YU
π¨ Stablecoin banking is going mainstream.
UK neobank @Plasma has launched Plasma One:
1. Spend stablecoins
2. Send payments instantly
3. Earn yield from one account
4. Zero fees
Following the announcement, $XPL jumped 17%.
The gap between crypto and traditional banking keeps shrinking.
.@Aster_DEX has updated its $ASTER tokenomics
New tokenomics:
99% of daily platform fees will buy back $ASTER
An equal amount will be burned from reserves
Every buyback is matched 1:1 with a burn
Aster has generated $460M+ in fees since launch
Revenue is now directly tied to token supply reduction.
@Aster_DEX has updated its $ASTER tokenomics.
New tokenomics:
1. 99% of daily platform fees will buy back $ASTER
2. An equal amount will be burned from reserves
3. Every buyback is matched 1:1 with a burn
4.;Aster has generated $460M+ in fees since launch
Revenue is now directly tied to token supply reduction.
π§ CNBC makes an interesting comparison:
SpaceX and Bitcoin both:
Generate fierce believers and critics
Experience significant volatility
Trade heavily on future expectations
One key difference?
Anyone can buy Bitcoin today.
Most investors still can't buy SpaceX.
π¨ Wells Fargo sees the S&P 500 reaching 7,950 by year-end.
Why it matters:
Implies 5%+ upside from current levels
The AI trade is broadening
Analysts now expect an "everything rally"
More sectors could join the advance
The bull market may no longer be concentrated in a handful of stocks.