Analysis

Tradingkey - Since the beginning of this year, developments regarding SpaceX's IPO prospects have triggered significant volatility in capital markets. The potential listing of this aerospace giant founded by Elon Musk is no longer merely business news, but is increasingly viewed as a major event that could reshape the liquidity landscape of the U.S. stock market. According to Reuters, SpaceX's potential fundraising scale may surpass all previous IPOs in U.S. history, potentially becoming the largest-ever stock market debut for a U.S. company on Wall Street. The latest information indicates that its target valuation has surged to a staggering $1.75 trillion.

Facing this "IPO of the century," investors should avoid blind faith in the notion that "rocket launches will send Dogecoin soaring" and instead maintain a rational approach. Particular attention should be paid to the June 12 listing date; it is advisable to strictly execute staggered profit-taking leading up to the event to mitigate the risk of a sharp correction once market euphoria reaches a peak.

TradingKey - Ethereum's recent performance has exhibited a weak and volatile trend. Despite briefly surging to near $2,400 at the beginning of the month, it pulled back under pressure last week. As of press time, the cumulative decline for the month exceeds 5%, indicating that market sentiment remains predominantly bearish.

As Ethereum (ETH) remains trapped below crucial resistance levels, the altcoin seems to be experiencing “one of the most dramatic sentiment reversals in crypto,” with recent data revealing that traders have gone from patience to frustration in recent weeks. Related Reading: Zcash (ZEC) Soars To Six-

Federal Reserve (Fed) Governor Christopher Waller said on Friday that he does not expect to support a change in the policy rate in the near term, adding that the outcome will depend heavily on the length of the Iran conflict, per Reuters.

The AUD/USD edges lower during the North American session, poised to remain sideways within key technical support and resistance levels, with the 20-day Simple Moving Average (SMA) at 0.7187 and the 50-day SMA at 0.7095. At the time of writing, the pair is trading around 0.7137, down 0.17%.

A crypto founder and pundit recently took to the social media platform X to highlight a notable divergence between the Ethereum and Bitcoin markets. According to the analyst, the world’s leading cryptocurrencies could be nearing levels that would soon reverse their current price trajectories. Bitcoi

TradingKey - SpaceX formally filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on May 20, intending to list on the Nasdaq under the ticker symbol "SPCX." The company will launch its global roadshow on June 4, set the offering price on June 11, and officially list on June 12.

The Euro retreats by 0.14% during the North American session amid growing speculation that the US and Iran may reach a deal to end the conflict. The Greenback is recovering some ground, underpinned by Oil prices trimming some of its earlier losses.

Hyperliquid (HYPE) has been setting the pace in the perpetual futures market but that lead is facing a new test after OKX—along with Intercontinental Exchange (ICE) announced plans for OKX to introduce perpetual futures tied to major energy benchmarks from ICE, including Brent Crude and WTI Crude. N

Gold price edges lower during the day as the Greenback recovers some ground amid doubts that the US and Iran could reach a deal to end the conflict, and traders are pricing in a Federal Reserve (Fed) rate hike by the end of the year. At the time of writing, XAU/USD trades at $4,518, down 0.50%.

Crypto bulls saw more than half a billion dollars wiped out in liquidations after the crypto market printed red indexes all around. The cumulative digital assets market cap dipped by more than 2% over the last 24 hours to hover around $2.53 trillion. Bitcoin saw $55 billion leave its market cap amid

Bitcoin is facing a critical test above $75,000 as selling pressure builds and the market searches for the structural support that would prevent the correction from extending further. The price is at a level that demands a response — and CryptoQuant analyst MorenoDV has identified a signal in the Bi

Gold now makes up basically the entirety tokenized commodity market, according to data from a16z Crypto, whose latest report put tokenized commodities at about $5.1 billion, while tokenized gold alone sat near $5 billion. Silver and every other commodity product had only $57.6 million combined, whic

Silver (XAG/USD) remains range-bound on Friday as traders avoid aggressive positioning amid uncertainty surrounding US-Iran negotiations. At the time of writing, the white metal trades near $76.00 and is likely to close the week on a flat note.

Mark Cuban said the story around his Bitcoin (CRYPTO: BTC) sale was wrong, and he did not dump the asset because of the Iran war. As reported previously on Cryptopolitan, Mark offloaded 80 percent of his Bitcoin when its price dipped along with gold hitting $5,000, with which he claimed that this di

The US Securities and Exchange Commission (SEC) has delayed plans to introduce an exemption that would allow crypto firms to trade tokenized equities, according to a Bloomberg report on Friday.

Wall Street hit fresh highs as Kevin Warsh took the Fed helm, tech and space stocks rallied, and Anthropic eyed a $900B valuation amid easing geopolitical tensions.

Qualcomm (NASDAQ: QCOM) has become the loudest name in the chip trade this week, surging by 12% on Friday to make it a 40.3% rally for the week, and is now up about 75% over the past month, breaking all-time highs after all-time highs. Meanwhile, the iShares Semiconductor ETF (SOXX) hit its first in

Freshly-minted Federal Reserve (Fed) Chair Kevin Warsh delivered his first public speech as head of the Fed on Friday, delivering his key talking points after being sworn in.