21h ago
Ark Invest buys about $32.5M of SpaceX shares after 16.43% drop on June 23
Ark Invest bought 210,121 shares of SpaceX for about $32.5 million after the stock fell 16.43% in a single session. The purchases were spread across ARKK, ARKQ, ARKW and ARKX. The move follows Ark’s larger build on June 12, when it bought about $444.3 million worth of shares on SpaceX’s first day of trading. SpaceX also announced its first bond offering, with proceeds earmarked to repay a bridge loan and for general corporate purposes.
21h ago
6-18
Tether winds down Alloy and halts new aUSDT minting as XAUT remains its flagship gold token
Tether said it will wind down the Alloy platform and discontinue its aUSDT stablecoin, which was launched in June 2024 and is minted against XAUT (Tether Gold) collateral. It described the move as product streamlining rather than an exit from tokenized gold, while keeping XAUT as a core offering with a market value of about $3 billion backed by more than 22 tons of physical gold. Alloy’s market cap is around $1.2 million. The shutdown is not expected to directly disrupt trading in the traditional gold market, but it further centers XAUT as a key on-chain gateway to gold exposure.
6-18
6-17
Bitcoin slides toward $65K as Fed decision looms and key support is tested
Bitcoin slipped toward $65,000 as risk-off positioning intensified ahead of the Federal Reserve’s policy meeting. Gold and silver were both modestly lower, while crude oil extended a five-day slide toward $75 a barrel on expectations Iranian oil exports could resume. Japan’s Nikkei 225 hit a record high, driven by artificial-intelligence themed buying rather than a hedge against macro pressure. The market focus is on a shift toward a more hawkish Fed policy path, which has weighed on precious metals and broader commodities.
6-17
6-16
Peter Schiff says Strategy’s discounted stock sales are diluting Bitcoin per share
Peter Schiff criticized Strategy for issuing shares at a discount to buy Bitcoin, arguing the approach dilutes Bitcoin per share and creates a “negative Bitcoin yield.” Strategy added about 3,137 BTC across two purchases in June, but Schiff said the financing structure leaves shareholders worse off. Dividend obligations tied to the STRC preferred stock and a small Bitcoin sale totaling $2.5 million have also fueled questions about the sustainability of the company’s capital strategy.
6-16
6-16
Robinhood opens AI-powered Agentic Trading to all users, lifting HOOD shares above $100 intraday
Robinhood has opened its AI-powered Agentic Trading platform to all customers, enabling AI agents to handle tasks such as market research, trade execution and portfolio rebalancing. The feature has exited testing and is now available across the full user base. Robinhood Securities has also been approved to act as an underwriter, and Bernstein forecasts prediction-market revenue rising to $586 million in 2026 from roughly $150 million in 2025. HOOD shares jumped more than 7% and crossed $100 for the first time during the session, hitting an intraday high of $100.87.
6-16