CME Group launches Tesla, SpaceX futures contracts on July 27

The post CHART: Value of Tesla’s BTC holdings have fallen by two-thirds appeared on BitcoinEthereumNews.com. Tesla became one of the early firms to embrace BTC, adding it to its balance sheet in 2021; however, it all but abandoned this initiative, and the total value of its holdings has fallen by two-thirds, despite BTC appreciating by more than 30%. During this same period Elon Musk, the founder and leader of Tesla, has gone from a frequent cryptocurrency promoter to someone who rarely mentions or endorses it. This depression in value has occurred despite the fact that Musk had unprecedented access to the federal government early in Donald Trump’s second administration through the so-called “DOGE” initiative. This access also coincided with a period when the administration was rapidly trying to shift its regulatory stance to support Trump’s vision of himself as a supporter of the crypto industry, which has embraced him. Read more: Elon Musk now worth more than 200 Donald Trumps In 202

The model release is the first since SpaceX went public in June and will help SpaceXAI compete with other frontier model providers, particularly in coding.

The post SpaceX Plans to Send ‘Thousands’ to the Moon and Mars In 10 Years, Musk Claims appeared on BitcoinEthereumNews.com. Topline SpaceX Elon Musk predicted SpaceX would send humans back to the Moon and Mars in the next five years and build permanent cities on the lunar surface in the next ten years—offering wildly optimistic targets for space travel in a recent interview with Texas Gov. Greg Abbott. The billionaire CEO said the company planned to land astronauts back on the moon in the next few years, before eventually building a permanent “metropolis” on its surface.” AFP via Getty Images Key Facts In the interview with Abbott, who was guest hosting Sean Hannity’s talk radio show on Wednesday, Musk said he hoped to transport up to “tens of thousands” of people to a base on the Moon in the next ten years—what he admitted was a “pretty outrageous number given that you know, there’s only about a dozen or so people that have been to the Moon so far.” He said the company hoped to land

CFTC Chairman Michael Selig stayed CME Group's self-certified 24/7 crude oil futures contract one day before launch, calling the move 'wholly The post CFTC chair calls CME’s self-certified 24/7 crude oil futures trading ‘wholly inappropriate’ appeared first on Crypto Briefing.

The post SpaceX’s Surprise Move: A Curious $88 Bitcoin Transfer appeared on BitcoinEthereumNews.com. Elon Musk’s SpaceX, renowned for its space innovations, has made a curious move by executing a minute Bitcoin transfer from a dormant wallet. The $88 transaction, appearing negligible against its substantial Bitcoin holdings, has sparked discussions within the crypto community. Continue Reading:SpaceX’s Surprise Move: A Curious $88 Bitcoin Transfer Source: https://en.bitcoinhaber.net/spacexs-surprise-move-a-curious-88-bitcoin-transfer

The post Vivek Ramaswamy Owes His Readers And Voters More Optimism appeared on BitcoinEthereumNews.com. WASHINGTON, DC – DECEMBER 05: Businessman Vivek Ramaswamy (C), Co-Chair of the newly announced Department of Government Efficiency (DOGE), arrives at the U.S. Capitol for a media availability with Tesla CEO Elon Musk, Co-Chair of the newly announced Department of Government Efficiency and Speaker of the House Mike Johnson (R-LA) on December 05, 2024 in Washington, DC. Musk and Ramaswamy are meeting with members of the U.S. Congress today about DOGE, a planned presidential advisory commission with the goal of cutting government spending and increasing efficiency in the federal workforce. ( (Photo by Andrew Harnik/Getty Images) Getty Images Amy Acton, Vivek Ramaswamy’s opponent in the Ohio governor’s race, should make Ramaswamy own his recent Wall Street Journal opinion piece. It sadly denigrates enormous U.S. economic progress, and worse coming from a conservative, it ties investment

The post Will the SpaceX Stock Price Crash? What Comes Next After the Post-IPO Slide appeared on BitcoinEthereumNews.com. Elon Musk’s SpaceX pulled off the largest IPO in history on 12 June 2026, and the debut lived up to the hype: shares priced at $135, opened around $150 and closed near $161 on day one, briefly valuing the company above $2 trillion. Less than a month later, the picture looks very different. $SPCX has drifted back down toward the $145–$150 zone, giving back almost every point of that first-day pop and sitting well below its 16 June intraday high of roughly $225. SPCX price over the past month That round trip — from a record blockbuster launch to a stock hovering just above its offer price — is why “will SpaceX stock crash?” has become one of the most searched questions in the market right now. Below we break down what is happening, why, and the realistic scenarios from here. Why is the SpaceX stock price falling? The slide is less a single catastrophe than a classic p

Rising leverage and financing costs may trigger market volatility, as investors face pressure to reduce positions amid tightening conditions. The post US markets brace for renewed funding pressure as leverage rises appeared first on Crypto Briefing.