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GameStop’s Ryan Cohen Walks Away From a $35 Billion Payday for the eBay Fight
- Ryan Cohen withdrew his $35B award to stay fully focused on acquiring eBay.
- GameStop will release its eBay strategic rationale and operational plan this week.
- Polymarket puts the chance of a completed GameStop-eBay deal at just 14%.
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After MiCAR, Europe’s Crypto Market Enters the Supervision Era
- Europe’s crypto market is moving toward long-term supervision, governance, and operational responsibility under MiCAR.
- Audrey Lim says successful implementation will depend on trust, investor protection, resilience, and credible regulatory engagement.
- KuCoin EU sees compliance and commercial growth as connected parts of building a sustainable digital asset business in Europe.
Alphabet Joins the Dow While its Stock Takes a Hammering
- Alphabet will replace Verizon in the Dow Jones Industrial Average on June 29.
- Google's stock fell 6% after two top AI researchers left for rival firms.
- The Dow addition signals tech's dominance even as Google fights a talent crisis.
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SpaceX Came Back to Earth — and Took Elon Musk’s Trillionaire Status With It
- Musk's net worth has fallen to $957B as SpaceX shares tumble from their peak.
- SPCX hit $225.64 on June 16 but has since shed 31% to around $156.
- A broader tech selloff and approaching lockup expiry are adding pressure to the stock.
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Best Crypto Platforms to Buy Tokenized Gold in 2026
Tokenized gold platforms reviewed: Bitget, Binance, Kraken, Coinbase, Bybit. Evaluation criteria: regulatory compliance, supported gold tokens, trading fees, liquidity depth, and geographic availability.
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Why Is The Crypto Market Down Today?
- A tech correlation dragged crypto lower as the Nasdaq sold off and rates loomed
- Total crypto market cap lost the $2.19T shelf, with $2.02T the next floor
- Bitcoin trades under every key EMA, with $64,699 the level that decides the trend
Cboe Joins Prediction Market Race With Mini S&P 500 Binary Options
- Cboe launched binary options on the Mini-S&P 500 Index via Interactive Brokers.
- Charles Schwab access follows soon, with OCC clearing every binary trade.
- Sector open interest recently hit an all-time high of $1.48 billion.
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Is Bitcoin Mining Becoming an Energy and Infrastructure Business?
- Bitcoin miners are moving from maximum hashrate to maximum profitable hashrate.
- Firmware tuning, curtailment, heat reuse, and dynamic load management are becoming core profitability tools.
- Energy-backed mining sites and lean operators appear best positioned for the next cycle.
- Mining is expected to remain energy-intensive, but the strongest operators will use power more flexibly.
Trump’s Iran Deal Crushed Oil Prices, But Veteran Trader Sees a $135 Shock
- Oil prices fell after Trump’s Iran deal eased war fears, but the market may be pricing in peace too early.
- Veteran trader Dan Dicker warns Brent could spike to $135 if inventories stay low and supply does not recover.
- Futures, options, and Hormuz traffic data still point to tight supply, making Wednesday’s US inventory update the next key signal.
