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Thursday2026/0618
06-16

2026-06-16 14:11:17

SpaceX Acquires AI Coding Startup Anysphere for $60B in All-Stock Deal

SpaceX just went public and immediately did what any newly minted $2 trillion company does: spend $60 billion on a start-up that helps people write code faster.The company announced on June 16 that it will acquire Anysphere, the company behind the AI coding agent Cursor, in an all-stock transaction

2026-06-16 14:11:17

BlackRock Launches Bitcoin ETF with Monthly Income and Capped Gains

BlackRock's iShares Bitcoin Premium Income ETF has moved from launch watch to live market structure, giving Bitcoin investors a new choice: hold spot exposure directly or accept a covered-call wrapper that turns part of Bitcoin's volatility into monthly income.The fund, trading under the ticker BITA

2026-06-16 14:11:14

Ready Card Halts Services Outside EEA After Issuer Change

If you were a Ready Card user outside Europe and blinked on June 16, you might have missed the warning entirely. The self-custodial Mastercard debit card, linked to the Ready wallet (formerly known as Argent), announced the immediate deactivation of card services for users outside the European Econo

2026-06-16 14:10:27

HIVE Digital Technologies Announces CAD $3.5B AI Gigafactory in Toronto

HIVE Digital Technologies started assembling GPU clusters before most of the tech industry had even coined the phrase “AI factory.” That head start is now the foundation of a pivot so dramatic it makes the company’s origins in crypto mining look like a warm-up act.Through its subsidiary BUZZ HPC, HI

2026-06-16 14:09:38

State Street Launches Stablecoin Reserves Money Market Fund Compliant with the GENIUS Act

ChainCatcher report, according to The Block, State Street Bank has launched the State Street Stablecoin Reserves Money Market Fund (SSCXX), providing reserve asset management tools for stablecoin issuers. The fund is a Rule 2a-7 government money market fund that primarily invests in cash, short-term

2026-06-16 14:09:02

HashKey Chain Partners Morpho to Build Institutional CeDeFi and RWA Lending Products

Lending that once belonged exclusively to vaults and credit committees is moving onto blockchains, but not through the permissionless rails most DeFi natives are accustomed to. A new synthesis of compliance-first infrastructure and open lending protocols is quietly taking shape, and it could pull in

2026-06-16 14:06:17

Western Digital, Micron, and Sandisk Reach All-Time Highs Amid AI Storage Demand Surge

Three companies that spent years being overshadowed by GPU makers are now stealing the show. Western Digital, Micron Technology, and Sandisk have all reached record stock prices as the AI infrastructure buildout shifts its attention from processing power to the unsexy but essential question of where

2026-06-16 14:06:17

BlackRock Launches Bitcoin Income ETF BITA with Covered Call Strategy

Key PointBlackRock today launched the iShares Bitcoin Premium Income ETF on Nasdaq under the ticker BITA. BITA holds spot BTC and IBIT while selling call options on roughly 25% to 35% of its IBIT holdings to generate monthly income. Robert Mitchnick said a significant segment of BlackRock clients is

2026-06-16 14:02:39

SpaceX Surpasses Amazon to Become Fifth-Largest US Company by Market Cap

SpaceX is now worth more than Amazon. Shares of the newly public rocket and satellite company climbed 3.9% to push its market capitalization past Amazon’s, making SpaceX the fifth-largest public company in the United States. The stock has been trading above $208, representing a gain of more than 50%

2026-06-16 14:02:22

State Street Launches Government Money Market Fund for Stablecoin Reserves

PANews, June 16: According to The Block, traditional financial giant State Street has launched the "State Street Stablecoin Reserves Money Market Fund" (Ticker: SSCXX), a government money market fund designed specifically for stablecoin issuers to hold their reserve assets. The fund is a Rule 2a-7 g

2026-06-16 14:02:20

State Street Launches Stablecoin Reserves Money Market Fund

According to The Block, State Street Bank has launched the State Street Stablecoin Reserves Money Market Fund (SSCXX), providing reserve asset management tools for stablecoin issuers. The fund is a Rule 2a-7 government money market fund that primarily invests in cash, short-term U.S. Treasury securi

2026-06-16 13:57:03

Robinhood Cuts 10% of Workforce Amid Restructuring

Robinhood is reducing its workforce by 10% as part of a company-wide restructuring effort aimed at improving efficiency and execution, CEO Vlad Tenev said in an internal message shared by the company on X. The move is expected to impact roughly 290 employees out of approximately 2,900 full-time staf

2026-06-16 13:56:06

Bitstamp BTC/USD Sees Highest Institutional Sell Volume in 10 Days

According to large trade monitoring, between 18:54 and 18:58, Bitstamp BTC/USD recorded seven large market sell orders, with institutional sellers collectively offloading $4,569,700 at an average sell price of $66,505.06. Tracking shows this is the largest institutional trade volume for this pair s

2026-06-16 13:56:06

AI Trading Debate Intensifies as Experts Warn of LLM Limitations

Joao Wedson warns LLMs are not built for trading and can amplify losses without risk controls.Wedson advocates a quantitative trading approach with strategies backtested across market cycles. Researchers say AI relies heavily on patterns, raising concerns about its ability to adapt to new markets.A

2026-06-16 13:55:08

Peter Schiff Concedes Bitcoin Won't Go to Zero in Debate With Anthony Pompliano

TL;DR:Peter Schiff admitted on a televised debate that Bitcoin will not go to zero, contradicting his track record of 22 death declarations for the cryptocurrency.Anthony Pompliano, CEO of Professional Capital Management, used Schiff’s statement on Fox Business to present it as a public victory on X

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