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SpaceX Stock Extends Slide Despite $1.6B Space Force Deal
- SpaceX stock fell 3.32% Wednesday even after winning $1.6 billion in Space Force orders.
- The Space Force awarded 18 Falcon 9 missions through 2027 for missile-tracking satellites.
- SpaceX has now secured over $7 billion in Pentagon contracts this year alone.
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Stablecoin Banking Competition Expands Beyond Settlement
- Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
- Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
- Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
Luno Staff Cuts Adds Another Red Flag as Crypto Exchange Shutdowns Pile Up
- Luno is cutting 20% of its global staff, CEO James Lanigan confirmed.
- The cuts land three weeks after AscendEX, BitMEX, and BitMart shut down.
- Staff cuts across big tech have been common this year, but raise questions.
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Samsung Profit Jumps 1,800% as AI Chip Demand Powers Record Quarter
- Samsung's operating profit soared 1,800% year over year to 89.5 trillion won.
- Record server memory demand drove Samsung's chip division to an all-time high.
- The results followed a sharp Wednesday selloff tied to AI valuation fears.
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See MoreMeta Revenue Beats, But AI Spending Crushes Profit Margins: Will the Stock Surge?
- Meta revenue climbed 28% despite earnings pressure from surging AI investments.
- AI infrastructure spending pushed 2026 capex guidance as high as $145 billion.
- Strong advertising growth contrasts with shrinking margins and lower earnings per share.
Binance.US Reportedly Plans CFTC License Bid to Launch Prediction Markets
- Binance.US plans to seek CFTC Designated Contract Market status next month.
- CEO Stephen Gregory revealed the plan on stage at Rare Evo in Las Vegas.
- Prediction market volume topped $25 billion across CFTC-regulated venues in 2025.
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Why Bitcoin Is Stuck Near $65,000 as AI Fuels Inflation
- AI spending is adding inflation pressure and reducing the chance of near-term Fed rate cuts.
- High bond yields and strong AI stocks are pulling capital away from Bitcoin.
- ETF inflows are improving, but Bitcoin still needs softer inflation and lower yields to break higher.
One Pattern That Predicted the 21% Solana Price Drop Has Returned
- Solana price is rebuilding a double top near $74 after a 21% spring slide
- Exchange outflows stay far lighter than spring, hinting at weaker selling pressure
- But long-term holders are now selling, unlike during the spring double top






