SpaceX Stock Plunges Below IPO Price After Starship Launch Abort
SpaceX shares dropped over 5% following a Starship test launch abort due to engine issues, pushing the stock below its $135 IPO level amid ongoing market pressure
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Pakistan Crypto Sector Faces Shariah Ruling on Digital Assets
Pakistan’s push for regulated digital assets meets resistance from leading Islamic scholars who deem cryptocurrencies incompatible with Shariah principles, prompting calls for detailed review and continued talks
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Pakistan Crypto Chief Calls for Dialogue After Scholar Rejects Crypto Payments
Pakistan’s virtual assets regulator has met with a leading Islamic scholar following a ruling against crypto-based purchases, urging separate reviews for different digital asset types while advancing its licensing framework
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Vanguard Posts First Digital Assets Head Job in Strategy Shift
Vanguard, one of the world's largest asset managers, has created a new senior role focused on digital assets, marking a change in its approach to cryptocurrency and blockchain-related areas after years of limited involvement
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Binance Founder CZ Surpasses Bill Gates in Global Wealth Rankings
CZ has moved ahead of Bill Gates on Forbes' real-time billionaire list, with estimates placing his net worth at around $110 billion compared to Gates' $108 billion. This change shows the rising value of major crypto businesses
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Cathie Wood: Global Instability Set to Drive Bitcoin Rally
Cathie Wood of ARK Invest points to capital outflows from unstable regions as a key factor for renewed demand in Bitcoin, noting that AI serves a separate purpose and cannot take over Bitcoin's role in wealth protection
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UK Wealth Advisors Lose Sight of Half Their Clients' Crypto Holdings
A CoinShares survey shows that 52% of UK wealth advisors report most client crypto assets remain outside their oversight, driven primarily by firm policies rather than lack of demand or knowledge
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Coinbase CEO Brian Armstrong Calls for Overhaul of U.S. Accredited Investor Rules
Coinbase CEO Brian Armstrong argues that current U.S. investment laws create barriers that favor the wealthy and limit opportunities for average Americans to participate in early-stage private investments
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EU MiCA Deadline Forces Crypto Industry Consolidation and Compliance Push
As the July 1 MiCA transitional deadline approaches, major players secure licenses while others face forced exits from the EU market. Recent acquisitions and approvals signal a maturing regulatory environment reshaping digital asset services across Europe
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Ripple Ex-CTO Schwartz: XRP Delivered Wealth While Consensus Runs on Trust, Not Staking
David Schwartz addresses key misconceptions about the XRP Ledger and shares lessons from his personal holdings of Bitcoin, Ethereum, and XRP
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