Cryptocurrency exchange Bybit enables direct access to SpaceX’s $75 billion IPO via tokenized shares, bypassing traditional brokerage accounts. Cryptocurrency exchange Bybit will allow retail investors to purchase tokenized shares of SpaceX’s initial public offering at the
May’s jobs report exceeded forecasts, fueling fears of prolonged high interest rates and triggering a broad market sell-off. The S&P 500 shed $1.4 trillion in market value after May’s jobs report showed employers added 172,000 positions, nearly double expectations. The str
Citi reaffirms its $315 price target for Apple as the company prepares for a pivotal AI-driven Siri upgrade at WWDC. Apple enters its annual Worldwide Developers Conference on June 8 with a 15% year-to-date stock gain and record $31 billion services revenue in the March qu
Expert values SpaceX at $1.3 trillion SpaceX is preparing to price its initial public offering at a valuation of roughly $1.77 trillion. The company's valuation has been a subject of debate among experts. A prominent valuation expert argues that the company
Ethereum co-founder defends budget cuts Ethereum co-founder Joe Lubin has defended the Ethereum Foundation's recent budget cuts and staff departures, stating they are necessary to keep the foundation focused on the network's core technology and neutrality. The found
US stock indexes decline on semiconductor shares selloff US stock indexes ended the week lower due to a steep selloff in semiconductor shares. The selloff rattled markets and increased concerns about inflation. Stronger-than-expected US payrolls data and in
Ethereum trades at 2016 levels against Bitcoin Ethereum is currently trading around 0.026 BTC, roughly the same level as in March 2016. This implies Ethereum has underperformed Bitcoin over the past decade. The ETH/BTC ratio failed to deliver a major bull-market
Bybit launches IPO Express with tokenized SpaceX shares Bybit has introduced IPO Express, an on-chain equity offering product. The product allows for tokenized SpaceX IPO subscription in partnership with xStocks. Spot trading for the tokenized shares is exp
Fixed rates increase by 5 basis points The current 30-year fixed rate rose by 5 basis points to 6.38%, while the 15-year fixed rate increased by 2 basis points to 5.74%. The 5/1 ARM fell by 24 basis points to 6.39%. Mortgage refinance rates are often higher than
Savings account rates hit 4.1% APY today The national average savings account rate stands at 0.38%. Some top accounts are currently offering 4% APY and up. Today, the highest savings account rate available is 4.1% APY, offered by Bask Bank. The amount of inte
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