The post MEXC Reports First $100 Million Launchpad Round as SpaceX Demand Spills Into Tokenized Stock Trading appeared on BitcoinEthereumNews.com.
MEXC, a pioneer in 0-fee digital asset trading, today released its June trading highlights. The second round of SPACEX (PRE) drew more than 36,000 participants and approximately 118 million USDT in subscriptions, the first time a single Launchpad round has passed $100 million. SpaceX futures ended June as the most traded US equity contract on the platform, and the tokenized SpaceX stock led all tokenized equities on the spot side. Alongside the SPACEX(PRE) Launchpad round, MEXC offered multiple ways to access SpaceX-related opportunities, spanning pre-IPO participation, futures trading, and tokenized equities. The SPACEX (PRE) sale followed a smaller first round in May and returned up to 38% during the reporting period. Demand for Pre-IPO access held from one month into the next, and the platform met it with a bigger book. Tokenized US stock
The post SpaceX Nasdaq-100 Entry Brings Bitcoin Exposure To Passive Index Investors appeared on BitcoinEthereumNews.com.
Today (July 7, 2026) SpaceX formally joins the Nasdaq-100 Index. The inclusion comes just weeks after the company’s public debut and follows its disclosure of 18,712 BTC on the balance sheet. JPMorgan estimates that index rebalancing will drive approximately $4.3 billion in passive inflows from Nasdaq-100-tracking funds and ETFs. This development is more than headline news. It creates a structural, rules-based channel for institutional capital to gain exposure to Bitcoin through a corporate treasury vehicle — without requiring active allocation decisions, new mandates, or direct cryptocurrency purchases.For corporate treasury teams, capital allocators, and institutional investors evaluating Bitcoin on balance sheets, the move provides a clear data point on how the strategy can intersect with mainstream equity infrastructure. The Mechanics of Structural Demand Passive
The post Bitcoin Sticks to $63,000 as John Bollinger Eyes a ‘Critical Point’ for BTC price appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) circled $63,000 after Tuesday’s Wall Street open as chip companies led a dip in US stocks. Key points: Bitcoin attempts to hold $63,000 after seeing its highest levels in two weeks. US stock markets see a correction on the day SpaceX joins the Nasdaq-100. Bollinger Bands creator John Bollinger continues to eye a long-term BTC price reversal. BTC price comes off two-week highs as US stocks fall Data from TradingView showed BTC price action cooling after a trip to $64,660 — its highest point since June 22. BTC/USD one-day chart. Source: Cointelegraph/TradingView BTC/USD surfed a comedown in US equities, with the S&P 500 and Nasdaq 100 down 0.6% and 2.1%, respectively, at the time of writing. Chip stocks led the sell-off, with Micron Technologies, whose earnings were highly anticipated last month, down over 9%. Micron Technologies stock one-hour cha
The post Analysts see more upside for SpaceX as post-IPO research begins appeared on BitcoinEthereumNews.com.
Wall Street analysts have begun coverage of SpaceX (SPCX) following the expiration of the 25-day quiet period after the company’s June initial public offering (IPO), with nearly every major brokerage launching their coverage with a bullish rating. The aerospace and satellite company, which held 18,712 bitcoin BTC$63,942.17 as of March 31, went public in June, raising $75 billion in one of the year’s largest IPOs. Shares were priced at $135 in the offering. The stock was trading at $150.93 on Tuesday, down more than 6% from recent post-listing highs but still above its IPO price. The two lead underwriters, Goldman Sachs and Morgan Stanley, both initiated coverage with buy-equivalent ratings. Goldman analyst Eric Sheridan set a price target of $205, while Morgan Stanley’s Adam Jonas assigned a $300 target. They were joined by analysts at Bank of America, Citigroup, Deutsche Bank,
The post Tether Invests $20M in Mercado Bitcoin appeared on BitcoinEthereumNews.com.
The post Tether Invests $20M in Mercado Bitcoin appeared first on Coinpedia Fintech News Tether, the issuer of the world’s largest stablecoin, USDT, is making another major expansion move. The company has announced a $20 million investment in Brazil-based Mercado Bitcoin, one of Latin America’s biggest regulated crypto platforms. Could this deal position Brazil as the next major crypto innovation hub? Why Is Tether Investing in Mercado Bitcoin? Tether’s … Source: https://coinpedia.org/news/tether-invests-20m-in-mercado-bitcoin/
USDT's return to Bitcoin via RGB could reshape stablecoin dynamics, enhancing Bitcoin's utility and challenging existing blockchain dominance.
The post Tether brings USDT back to Bitcoin via RGB protocol with UTEXO leading the charge appeared first on Crypto Briefing.
The sale could set a valuation benchmark for Tether, influencing future fundraising, regulatory scrutiny, and competitive dynamics in crypto.
The post Former Tether investment chief seeks to sell 1% stake in USDT issuer appeared first on Crypto Briefing.
The post Tether Invests $20 Million In Brazil’s Mercado Bitcoin appeared on BitcoinEthereumNews.com.
Tether said Tuesday it will invest $20 million in a strategic growth financing round for Mercado Bitcoin, a move that deepens the stablecoin issuer’s push into Latin America’s fast-growing market for blockchain-based financial services. Tether, the largest company in the digital asset industry and the issuer of the USDT stablecoin, framed the deal as part of a broader strategy of backing platforms that pair regulatory licensing with market scale. Mercado Bitcoin, founded in São Paulo in 2013, has grown from a cryptocurrency exchange into what it describes as a full-stack on-chain financial services platform. The company now serves 4.5 million users and says it has issued more than 2 billion reais in tokenized assets. It holds more than 10 licenses across Brazil and Europe, including a payment institution license from Brazil’s central bank, along with broker-dealer, securitization and a
The post Morgan Stanley Initiates SpaceX Coverage With Wall Street-High $300 Price Target appeared on BitcoinEthereumNews.com.
Key highlights: Morgan Stanley initiated coverage of SpaceX (SPCX) with an Overweight rating and a $300 price target The target is among the highest on Wall Street and implies roughly 87%-90% upside from recent trading levels Analysts believe AI infrastructure, Starlink, and orbital computing could become major long-term revenue drivers Morgan Stanley has become one of the most bullish firms on Wall Street regarding SpaceX, launching coverage of the recently public company with an Overweight rating and a $300 price target. The target stands well above the stock’s recent trading price near $160 and is among the highest published forecasts for the aerospace and artificial intelligence company. Morgan Stanley analyst Adam Jonas argues that investors are still underestimating the scale of SpaceX’s long-term opportunities beyond rockets and satellite internet. AI
