Cryptopolitan
33299 Articles
Founded in 2018, Cryptopolitan has grown from a popular blog into a trusted source of news and analysis for millions of readers worldwide. Over the years, we have expanded our coverage to include a wide range of topics, from market trends and technological innovations to regulatory changes and industry events.
Our team includes seasoned journalists, industry experts, and passionate crypto enthusiasts who are committed to delivering high-quality news.
Cryptopolitan is continuously expanding its network and offerings to reach a global audience across the cryptocurrency, AI, gaming, blockchain and web3 markets.
SpaceX IPO Hype Builds as Investors Watch SpaceBeat’s Launch-Indexed Presale
SpaceX has turned the launch economy into the market story everyone wants access to. Reuters reported that the IPO is scheduled to debut on Friday, with the company aiming for a $75 billion raise at about a $1.8 trillion valuation, while Bloomberg-reported retail orders have already passed $70 billion. But not every investor will get...
Fri, Jun 12
Before SpaceX Opens on Wall Street, SpaceBeat Is Turning Rocket Launches Into Token Burns
The SpaceX IPO is pulling the launch economy into the center of global market attention. Reuters reported that SpaceX’s offering has drawn more than $70 billion in retail investor orders, with total investor demand reportedly above $250 billion, while the company is aiming to raise about $75 billion at a valuation near $1.8 trillion. That...
Fri, Jun 12
Nvidia pitches Vera CPU to Chinese clients in latest bid to claw back lost market share
Last October, Nvidia’s CEO Jensen Huang admitted that its market share in China had fallen to effectively zero. However, it seems Nvidia is not giving up on the Chinese market, as it is now reportedly taking orders from Chinese customers for its new Vera processor. People familiar with the discussions told Reuters that the chip...
Fri, Jun 12
Before SpaceX Hits Wall Street, SpaceBeat Is Turning Launches Into Scarcity Events
SpaceX is approaching Wall Street with record-breaking demand behind it. Reuters reported that the company is aiming for one of the largest IPOs in history, targeting a $75 billion raise and a valuation near $1.75 trillion. Reuters also reported that the offering has attracted more than $250 billion in total investor demand. That demand is...
Fri, Jun 12
19 out of 26 validators vote to pass Hyperliquid’s AQAv2 stablecoin model
Circle has made the single largest USDC transfer ever on HyperEVM, following the validator approval of Hyperliquid’s much-awaited AQAv2 protocol. Earlier today, Circle moved approximately $4.4 billion in USDC to Coinbase via AQAv2, Arkham data shows. Both Circle and Coinbase partnered with Hyperliquid in May for the implementation of AQAv2, with Coinbase serving as the...
Fri, Jun 12
Polymarket Daily Spot Volume Hits Record $818M as World Cup, SpaceX IPO Land Same Week
The latest data from Artemis shows that Polymarket just printed its best day on record with regards to spot volume. On Wednesday, June 10, the prediction market platform closed the day with a new all-time high spot volume of $818.4 million. This took place at a time when two of the biggest events of the...
Fri, Jun 12
Hong Kong sets record with $1.5B digital bond issue
The Hong Kong Mortgage Corporation Limited (HKMC) has priced its debut digital bond issuance, securing close to HK$12 billion (about US$1.5 billion) on June 11. This issuance has set a new standard globally as the largest digital bond issuance ever achieved thus far. It points towards a rise in institutional demand for digital securities and...
Fri, Jun 12
Metaplanet set to issue Bitcoin-related yield products directly to Japanese investors
Metaplanet is looking to tap into Japan’s yield market with Siibo Securities, targeting a $7.1 trillion pool of idle cash and deposits with Bitcoin. In a post on Friday, Metaplanet CEO Simon Gerovich announced the Japanese Bitcoin treasury firm has reached an agreement to buy 100% of Siiibo Securities, in a deal reportedly worth 2.1...
Fri, Jun 12
Former SEC Chair Gensler files an amicus brief arguing the CFTC lacks authority to regulate sports-related prediction markets
Gary Gensler, the former chairman of both the SEC and CFTC, has filed an amicus brief with the Sixth Circuit Court of Appeals arguing that federal law does not grant the CFTC authority over sports-related prediction markets. Gensler, who needs no introduction to anyone with exposure to the crypto sector during the Biden administration, claims...
Fri, Jun 12
a16z crypto puts $100 million behind Canton as privacy demand reshapes blockchain investment
Andreessen Horowitz’s crypto arm, a16z crypto, has invested $100 million in Digital Asset, the company behind the Canton blockchain. The venture capital fund is betting that privacy technology will unlock the next wave of institutional adoption, and it adds to the growing consensus that transparent ledgers, long a selling point for public blockchains, are now...
Fri, Jun 12
SEC takes aim at 20-year-old rules, Tokenized stocks next?
On June 11, the United States Securities and Exchange Commission (SEC) proposed to repeal rules 611 and 610(e) of the Reg NMS. The two regulations represent key regulations governing the equity markets in the United States. A 60-day public comment period is now open, with the revised regulation expected to be completed in the first...
Fri, Jun 12
LIVE: Elon Musk’s SpaceX goes public today. Watch as it happens
SpaceX begins trading on Wall Street today after raising $75 billion in a record-breaking IPO. The IPO values SpaceX at $1.77 trillion, with shares priced at $135 each. Underwriters can buy another 83.3 million shares, which could lift the IPO size to about $86 billion.
Fri, Jun 12
Avalanche Treasury’s debut slump could challenge Crypto proxies
Avalanche Treasury Co. (Nasdaq: AVAT) posted a drop of 38.13% on its first day of trading, closing at $1.85 from an initial price of $2.99 on June 11. The sharp price drop is likely to lead to doubts regarding whether institutional money will continue to invest in crypto treasuries that operate within one ecosystem and...
Fri, Jun 12
Quantum computing could eventually break crypto wallets, and Coinbase says the fix must start now
In its report released on June 11, Coinbase’s Quantum Advisory Board (CQAB) urged blockchain developers and crypto holders to begin migrating toward quantum-resistant cryptography. They warned that billions of dollars’ worth of cryptocurrencies stored in wallets can be stolen by quantum computers in the future when quantum computing technology reaches a sufficiently mature stage. Major...
Fri, Jun 12
Blockrise CEO calls ‘anarchistic neobanks’ Bitcoin’s next frontier as crypto banking reshapes global markets
Bitcoin’s next big revolution lies in a new generation of “anarchistic neobanks” that have been dubbed by the founder of Blockrise, Jos Lazet, as reported by The Block. He said this as a growing number of crypto-native banks and financial platforms challenge the traditional banking model and change the way digital assets flow through the...
Fri, Jun 12
BOJ rate hike to 1% could reshape Japan’s position in global crypto markets
The Bank of Japan (BOJ) is expected to increase interest rates to a level that has not been seen since 1995 at its upcoming policy meeting scheduled on June 15-16. The increase in rates will mark an acceleration of the country’s monetary policy shift, putting further pressure on crypto trading volumes denominated in yen amid...
Fri, Jun 12
CME group plans to expand its 24/7 trading to Gold and WTI crude
Round-the-clock trading is coming to the WTI crude oil and Gold futures market on the CME group’s trading platform, the company has announced. This move is intended to give traders an option to react to market moving events 24/7, even outside traditional trading hours. ...
Fri, Jun 12
ECB raises rates for first time since 2023 as Iran war drives inflation higher
On Thursday, the European Central Bank increased its deposit rate by 25 basis points to 2.25% in its first rate hike since September 2023. The escalation of the war in the Middle East sent inflation within the eurozone significantly above the bank’s target of 2%. The ECB has become the first major central bank to...
Fri, Jun 12
Bipartisan House bill proposes special federal task force to fight crypto theft
Bipartisan U.S. lawmakers have introduced legislation to establish a cross-agency federal body dedicated to investigating cryptocurrency fraud and hacking. The proposed force would be led by the attorney general and staffed across the DOJ, FBI, DHS, and Treasury. The aim of this group is to give a method of reporting losses for victims who are...
Thu, Jun 11
Scaramucci-backed AVAX One brings Avalanche treasury to Nasdaq
The Avalanche Treasury will trade on the Nasdaq under the stock code AVAT on Thursday and is associated with AVAX One, whose chairman is Anthony Scaramucci, while its CEO is the ex-Susquehanna and AllianceBernstein (NYSE: AB) professional Bart Smith, and he claims that AVAT is not a “buy token, sit back, pray” play. This will...
Thu, Jun 11
