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Nasdaq Listed Fold Sells Bitcoin to Clear Debt and Stock Rallies 140%
- Fold sold $45 million in Bitcoin at $71,000 to erase all secured debt.
- FLD shares surged 99% in premarket trading after the June 10 announcement.
- The exit price sits about 14% above Bitcoin's current $62,085 spot level.
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Experts Suggest No Altcoin Season Until Money Printing Returns
- The Altcoin Season Index reads 49, confirming there is no altcoin season.
- Crypto Kid calls altcoins trophy assets that bleed against Bitcoin.
- Player1Taco backs AI, decentralized AI, RWAs, and DePIN as runners.
SpaceX IPO Could Open at $1,000 Despite ‘Frothy’ Valuation, NYSE Veteran Predicts
- Peter Tuchman bets SpaceX opens near $1,000, far above its $135 IPO price.
- He calls the 100x earnings multiple frothy next to Meta and Nvidia.
- His advice, let it open and watch before buying the debut.
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The Einstein of Wall Street Reveals AI’s Hidden Winners
- Peter Tuchman says the GPU boom mirrors Bitcoin's early mining gold rush.
- He urges investors to study AI's supply chain of data centers and energy firms.
- The veteran NYSE trader warns FOMO and hype are not sustainable strategies.
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Best Unified Crypto Data APIs in 2026
Compare the best unified crypto data APIs in 2026. Wallet, portfolio, DeFi, market data, and AI-ready endpoints reviewed for developers and product teams.
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Why Is The Crypto Market Down Today?
- Long liquidations of $316M and a fifth week of ETF outflows drove the drop
- Total crypto market cap must reclaim $2.19T or risk the $2.02T floor
- Bitcoin stays weak below $64,645 with $59,056 the next test
Tim Draper Says Bitcoin is Safer from Quantum than Banks
- Tim Draper says quantum will hit banks before Bitcoin, and the real reason is not encryption
- Banks face 'harvest now, decrypt later' quantum attacks. Bitcoin has no confidential data to steal
- Bitcoin's only real quantum vulnerability already has a community fix. Banks need government orders
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Tokenized Stocks and Bonds Move Toward Crypto’s Strongest Institutional Product
- Tokenized securities add value through global distribution, programmable ownership, collateral mobility, and more efficient settlement, while extended trading hours remain only one part of the appeal.
- Crypto exchanges and fintech apps may lead early adoption because they can reach global users quickly, while banks and traditional brokerages can bring the largest investor pools over time.
- Investor protection depends on precise rights, including redemption, dividends, coupons, voting access, corporate actions, and legal claims on the underlying asset.
South Korea’s Top Stock Index Crashes, Then Surges on AI Chip Rally
- South Korea's KOSPI dropped then gained 8% in consecutive sessions on AI chip volatility
- SK Hynix dropped 7.7% Monday then surged 16% Tuesday as Wall Street named the cause
- South Korea's "sidecar" circuit breakers have triggered 12 times this year on AI chip risk
