Coinbase launched Anthropic and OpenAI pre-IPO perpetuals on June 22, giving non-US traders a public route to bet on AI labs valued at a combined $1.817 trillion.
Category: Markets
Posted inMarkets
SpaceX stock falls 18% from its record high as IPO euphoria cools
SpaceX stock (SPCX) has retreated 18% from its $225.64 all-time high as rate-hike fears and the $60 billion Cursor acquisition weigh on the post-IPO rally.
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Crypto platforms promised SpaceX IPO access. No shares were delivered.
Binance, Bybit, Bitget, and MEXC refunded hundreds of millions in customer funds after their SpaceX tokenized stock campaigns collapsed on IPO day, exposing the limits of blockchain equity access.
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Oil rebounds toward $80 as Iran-US talks in Geneva collapse without a signing
Brent crude settled near $80 on June 19 after Washington pulled Vice President Vance from planned Iran talks in Switzerland, reviving uncertainty over whether the 14-point ceasefire deal will hold.
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Intel stock leaps 10.6% as Trump announces Apple chip manufacturing deal
Intel shares jumped 10.6% on June 18 after President Trump announced Apple and Intel would work together on US chip design and manufacturing.
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SpaceX buys AI coding startup Cursor for $60bn five days after its IPO
SpaceX announced a $60 billion all-stock acquisition of Cursor, an AI coding tool with $2.6bn in annualised revenue, just five days after its record-breaking Nasdaq debut.
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Ethereum surges 10% on June 16 as Iran deal calm and G7 optimism lift crypto
Ethereum jumped 10% to $1,841 on June 16 as Iran deal calm and G7 optimism sparked a broad risk-on session in crypto and equities, with the Nasdaq rising 3%.
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Coinbase lays out the next phase of its Everything Exchange vision
Coinbase detailed plans on June 16 for a unified account spanning crypto, stocks, ETFs, perpetual futures, lending and AI trading agents, as COIN shares gained 2.6%.
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Japan’s lower house cuts crypto gains tax from 55% to a flat 20%
Japan’s National Diet approved legislation on June 11 reclassifying digital assets as financial instruments under the FIEA, slashing the top crypto tax rate from 55% to a flat 20% effective 2028.
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Gold falls to a four-month low as Iran deal progress drains the war premium
Spot gold slid to around $4,072 this week, extending an 11% one-month decline, as Iran deal progress deflated safe-haven demand while oil-driven inflation kept the Fed hawkish.