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Elon Musk Can’t Sell SpaceX Shares for a Year But Others Can Dump on Day 1
- SpaceX's 5% direct share program has no lockup but selected investors can sell on launch.
- Musk cannot sell his 40% stake for a full year, but the investors he picked face no such rule.
- Morningstar says SpaceX is overvalued by half and a hedge fund is already planning to sell.
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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.
ProShares Plans 2x SpaceX ETF Launch on Day of Record IPO
- ProShares plans to launch SPCF, a 2x daily SpaceX ETF, on June 12.
- SpaceX seeks $75 billion at a $1.75 trillion valuation, history's largest IPO.
- Investor demand tops $250 billion, nearly 4 times the planned offering size.
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India’s IT Sector Braces for Slower Hiring in AI Era
- Companies from IT services to hedge funds are shifting human work to AI agents.
- TCS chairman says AI will slow hiring across India's $315 billion IT sector.
- Magnetar Capital's new vehicle will reportedly use hundreds of AI bots.
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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.
Institutional Investors Drive Yen Short Bets to Highest Level Since 2024
- Yen short positions reached $11 billion, the highest level since July 2024.
- Japan spent $74 billion last month defending the currency.
- The yen slid near 160 per dollar despite Tokyo's intervention.
3 Meme Coins to Watch in the Second Week of June 2026
- SIREN, BinanceLife, and BUILDON headline this week's meme coin watchlist.
- SIREN presses breakout resistance near $1.20 with RSI above 70.
- Binance Life cools near record highs as BUILDON recovers from a dip.
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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.
Kraken Bets on FIFA World Cup 2026 But 180,000 Resale Tickets Stoke Empty-Seat Fears
- Kraken is now the Official Crypto Exchange Supporter of FIFA World Cup 2026.
- Nearly 180,000 resale tickets stoke empty-seat fears days before the June 11 kickoff.
- Kraken plans fan activations and crypto education for a projected six billion viewers.
