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6/22
20:31
Svmuu News: At the close of trading on Monday, SpaceX’s stock plummeted 16.43%, falling below its closing price on the first day of its IPO. The company’s market capitalization evaporated by approximately $400 billion in a single day, marking the second-largest single-day market capitalization loss in global corporate history.
SpaceX has fallen for three consecutive trading days, with a cumulative decline of more than 23%, and its market capitalization has shrunk by over $900 billion from its peak. Currently, its stock price remains 14.5% above the $135 IPO price, with a total market capitalization of approximately $2.03 trillion.
Previously, SpaceX had planned to raise at least $20 billion through its first bond offering to support the expansion of its AI business. In February of this year, SpaceX completed its acquisition of Musk’s xAI, integrating AI operations into its core strategy. Oppenheimer analyst Timothy Horan estimates that by 2031, SpaceX’s net debt will increase by more than $400 billion, far exceeding the debt levels of the vast majority of U.S. publicly traded companies today.
20:30
Svmuu News: According to Onchain Lens, a wallet that had been dormant for a year received 500 BTC from BitGo, worth $32.31 million.Morgan Stanley also purchased 166.24 BTC from Coinbase, worth $10.74 million, and currently holds 4,515 BTC, valued at $288.4 million.
20:24
Svmuu News: “The New Stock Guru” Serenity posted on X, expressing curiosity about how investors will feel after missing out on the AI supercycle.
Serenity believes that photonics, memory, and Neocloud (a new type of cloud computing service provider) represented by Nebius (NBIS) are all poised to benefit from the growth opportunities presented by the AI supercycle. She also quipped that some investors are still holding IREN—which “has an endless $6 billion ATM financing capacity”—while overlooking potential opportunities within the AI industry chain.
20:19
Svmuu News: Ophelia Snyder, co-founder of 21Shares, stated that although tokenization can address practical issues such as settlement efficiency and asset liquidity, there remains a significant gap in understanding between the crypto industry and traditional financial institutions regarding tokenization.
She pointed out that the greater challenge currently lies in integrating blockchain assets with the existing systems of banks, broker-dealers, and asset management firms, noting that market discussions often overlook the operational processes between trade execution and final settlement. Although the blockchain industry has made progress in terms of transaction throughput, it still falls short of meeting the needs of traditional financial institutions in areas such as ledger recording, compliance processes, regulatory reporting, and round-the-clock trade risk management.
Ophelia Snyder also noted that the third-party software vendors relied upon by most financial institutions have not yet completed system adaptations for native blockchain transactions. She believes that the biggest bottleneck facing the industry at present lies in scaling adoption, rather than the functionality itself. (CoinDesk)
20:19
Svmuu News: Reflection AI, a startup building a network of open-source AI models, has signed a data center cabinet lease agreement with SpaceX. The contract is valued at $6 billion, valuing Reflection AI at $25 billion. SpaceX has signed a contract with Reflection AI, following deals with Anthropic and Google. The contract runs from July 1 through the end of 2029 and is expected to generate $150 million in monthly revenue. Either party may terminate the contract with 90 days’ notice after the initial three-month period. Reflection AI, backed by Nvidia, stated that the additional computing resources will provide the foundation for building open-source models at scale. SpaceX also recently agreed to acquire the AI programming company Cursor in an all-stock deal valued at $60 billion.
20:06
Svmuu News: TurboFlow announced the completion of a $6 million seed round led by Pantera Capital, with participation from Susquehanna Crypto, Digital Currency Group, and others. The project primarily provides on-chain trading services for prediction markets and perpetual contracts, and aims to expand into the Asian prediction market through localization and regional expansion.
20:06
Svmuu News: According to Onchain Lens, as SPCX fell, a whale opened a new long position of 70,000 SPCX with 20x leverage, valued at approximately $11 million, with a liquidation price of $134.42.
20:06
Svmuu News: According to on-chain analyst Yu Jin, a whale spent 16,555,000 USDC on-chain on June 20 to purchase 234,900 SOL. at an average price of $70.5. The whale then sold the entire position early this morning at an average price of $72.6, realizing a profit of $513,000 after holding the position for two and a half days, with a return on investment of 3%.
20:04
Svmuu News: Crypto journalist Eleanor Terrett posted on X that the bill includes a temporary ban on central bank digital currencies, which is set to expire at the end of 2030.The bill is expected to be considered by the House this week, and Rep. French Hill, chairman of the House Financial Services Committee, said he looks forward to the House swiftly moving the bill to President Donald Trump’s desk.
20:04
Svmuu News: SpaceX will be included in the large-cap segment of the Bloomberg Global Index at the close of trading on June 24, 2026. (Jin Shi)
18:42
Svmuu News: U.S. President Donald Trump posted on social media on the 22nd, stating that all parties are fully aware that Iran will agree to extensive nuclear inspections to ensure its “nuclear integrity” over the long term.Earlier that day, the first round of negotiations between U.S. and Iranian delegations concluded at Bergen, Switzerland. U.S. Vice President Vance stated at a press conference that the U.S.-Iran talks had made significant progress, laying a very solid foundation for reaching a final agreement, and that Iran had agreed to invite International Atomic Energy Agency (IAEA) inspectors to return to Iran.On the 22nd, the Islamic Republic News Agency (IRNA) quoted Iranian Foreign Ministry Spokesperson Baghaei as saying that Iran’s cooperation and interaction with the IAEA would continue in accordance with existing mechanisms, while adhering to relevant laws passed by the Iranian Parliament and decisions made by the Supreme National Security Council. (Jin Shi)
18:42
Svmuu News: On the 22nd local time, Kalibaf, head of the Iranian negotiating delegation and Speaker of the Iranian Parliament, stated that the management of the Strait of Hormuz will never return to its pre-war state. In compliance with international law, the Strait of Hormuz will be managed by Iran in accordance with a mechanism established by Iran. Kalibaf said that since some issues may arise in the Strait of Hormuz, Iran and the United States have agreed to establish a coordination center and open a hotline to resolve any problems more quickly within a 30-day period. Kalibaf clarified that this hotline is not intended for approving transit permits; the relevant permits will continue to follow their established procedures. The hotline is solely for handling issues or emergencies involving vessels. (Jin Shi)
18:38
Svmuu News: Several former researchers at the Ethereum Foundation have announced the launch of Ethlabs, a nonprofit organization aimed at propelling Ethereum into its next phase of growth and preparing it for institutional adoption. The organization has received support from Joe Lubin, co-founder of Ethereum, as well as two major ETH treasury firms, Bitmine Immersion Technologies and SharpLink.
Ethlabs states that as stablecoins, tokenized real-world assets, funds, and autonomous AI business activities move onto the blockchain, demand is converging on Ethereum. Ethlabs aims to enhance the performance, trusted interoperability, neutrality, resilience, privacy, and security required for Ethereum to scale and accommodate this demand.
The organization was co-founded by five former senior researchers at the Ethereum Foundation. These researchers have been instrumental in driving many of Ethereum’s key upgrades over the past decade. The establishment of Ethlabs signifies that, in addition to the Ethereum Foundation, major ETH holders and core ecosystem contributors are forming a new, independent organization to help shape the future direction of Ethereum.
This move also comes against the backdrop of recent criticism and personnel changes at the Ethereum Foundation. Over the past period, some ETH holders and community members have criticized the Foundation for failing to remain sufficiently competitive, while the departure of several senior executives and key research team members has raised concerns about the organization’s stability and strategic direction.
18:35
Svmuu News: MoonPay, a crypto payment infrastructure company, announced the acquisition of Entendre, an AI accounting startup, further expanding its reach from crypto deposit and withdrawal gateways to the enterprise back-office financial operations layer.
Entendre primarily develops AI accounting agents designed to automate high-frequency financial operations for crypto and fintech companies, including tasks such as reconciliation, treasury management, month-end closing, and journal entries. MoonPay CEO Ivan Soto-Wright stated that for enterprises to adopt stablecoins at scale, their financial operations must possess the same speed, contextual understanding, and automation capabilities as their payment systems.
With this acquisition, the Entendre platform and team will be immediately integrated into MoonPay, and existing customers will not be affected. Entendre’s clients include Polygon Labs, Thirdweb, Brale, Babylon Labs, Ostium, Courtyard, and DoubleZero, among others.
MoonPay has completed several acquisitions this year, including Decent.xyz (a cross-chain routing and liquidity provider), DFlow (a Solana trading infrastructure provider), Dawn (an AI trading tool), and Sodot (a crypto key management company).
18:28
Svmuu News: According to OKX market data, BTC has fallen below 64,000 USDT and is currently trading at 63,980.1 USDT, with its 24-hour gain narrowing to 0.38%.
16:49
Svmuu News: According to The Wall Street Journal, Donald Trump has signed two executive orders aimed at accelerating the research and development of advanced quantum computers and mitigating the security threats they pose.One of the executive orders, signed on Monday, directs federal agencies—including the Department of Energy—to collaborate with the private sector and academia to deploy a quantum computer capable of scientific research by 2028. This goal is considered a key indicator of the technology’s practical applicability.
Quantum computers can solve problems at speeds far exceeding those of traditional supercomputers, making them an area of growing importance to countries around the world. Donald Trump The second executive order signed requires government agencies and security experts to prepare for quantum systems—which may break through standard encryption systems faster than expected. The goal is to strengthen security systems in both the government and private sectors to prevent advanced quantum hacking attacks from destroying critical infrastructure.
16:16
Svmuu News: U.S. President Donald Trump: If Iran does not comply with the agreement, I will take the necessary measures. (Jin Shi)
16:14
Svmuu News: According to MSX data, U.S. stocks closed on Monday with the Dow Jones Industrial Average up 0.29% in preliminary results, the S&P 500 down 0.37%, and the Nasdaq Composite down 1.3%. SpaceX (SPCX.O) fell 16.4%, Intel(INTC.O) rose 5%, Micron (MU.O) rose nearly 7%, and NVIDIA (NVDA.O) fell 1%. Nasdaq’s China Golden Dragon Index closed down 1.3%, and Tencent Music (TME.N) fell 4%.
14:00
Svmuu News: According to CNN, Iran said Monday that it would continue to cooperate with the United Nations nuclear watchdog “in accordance with existing procedures.” This came after senior U.S. officials claimed that Tehran had agreed to allow International Atomic Energy Agency (IAEA) inspectors to return to Iran, a claim Iran refuted.
The Islamic Republic News Agency (IRNA), citing Iranian Foreign Ministry Spokesperson Baghaei, reported that Iran’s interactions with the IAEA would proceed “in accordance with Iran’s obligations under the Safeguards Agreement” and “in line with resolutions passed by the parliament and decisions of the Supreme National Security Council.” Earlier, U.S. Vice President Vance stated at a press conference in Switzerland that Iran had agreed to allow IAEA inspectors to enter the country. (Jin Shi)
13:59
Svmuu News: U.S. Vice President Vance: (On Iran) “We are very satisfied with the progress we have made. We have established mechanisms to ensure that the Strait of Hormuz remains open.” (Jin Shi)

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