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TurboFlow has secured $6 million in seed funding from Pantera Capital, Susquehanna Crypto, and Digital Currency Group as the Hong Kong-based company expands its prediction markets and perpetual future

Pantera backs TurboFlow in $6M round focused on prediction markets and perps

2026 World Cup Posting Challenge on HTX Square

$SCR IS RECLAIMING KEY RESISTANCE AFTER A CLEAN BOUNCE FROM SUPPORT ⚡ Entry: 0.0314 - 0.0317 🔥 Target: 0.0325, 0.0335, 0.0350 🚀 Stop Loss: 0.0298 ⚠️ The price action shows a decisive rejection of the 

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeSpaceX’s $600 billion plunge erased nearly half of bitcoin’s marke

World Cup Predictions: 100,000 USDT Daily

HTX Invites You to Share 600K USDT in Gift Packs

BTC Prophet: 20-Day 380 Million HTX Challenge

SpaceX’s $600 billion plunge erased nearly half of bitcoin’s market cap in three days.SpaceX's stock has lost more than $600 billion in market value over three trading days, which is nearly half of bitcoin's $1.3 trillion market cap, after announcing its first bond sale.

Bitcoin fell less than 1% over the same stretch, holding near $63,600, per CoinDesk data.

The stock dropped 16% on Monday to $154.60, its lowest since its June 12 debut, taking its three-day decline to about 23%. The trigger was supposedly a plan to sell at least $20 billion of bonds, the company's first time borrowing in the debt markets, to fund the artificial-intelligence buildout it took on when it bought Elon Musk's xAI in February.

SpaceX chose to borrow rather than issue new shares, which would have diluted existing holders. A week ago it, was worth nearly $2.5 trillion and had briefly passed Amazon and Microsoft but now sits just above $2 trillion.

The selling ran into Tuesday, with a perpetual futures contract that tracks SpaceX on Hyperliquid down another 15% to around $151.


Part of the move is structure. SpaceX trades on a thin float, meaning only a small share of its stock is available to trade, so each move is amplified and the 16% single-session drop on a single headline reflects that thinness.

Bitcoin's market is far deeper and more liquid, which is part of why it took the same week in stride.

The two are still driven by a same engine. Monday's drop was not only SpaceX: The Nasdaq fell 1.3% as investors questioned whether the enormous sums big technology firms are spending on AI will pay off, with Alphabet and Amazon both sliding.

That AI-driven risk appetite is what aided crypto's recovery this month, so deeper cracks in it could erode the bid bitcoin has leaned on. So far the selling has stayed inside the stock.

Meanwhile, pulling the 

SpaceX’s $600 billion plunge erased nearly half of

Ocean Protocol ( $OM ) is pushing adaptive data exchange with new regulatory‑ready nodes, while Aion Network ( $AION ) expands its multi‑chain bridges, catching momentum‑heavy volume. Nebula ( $NBS ) 

World Cup Predictions: 100,000 USDT Daily2026 World Cup Posting Challenge on HTX SquareHTXCommunity4thAnniversaryFranklin Templeton launches Franklin Crypto, acquires 250 Digital - Details Institution

Franklin Templeton launches Franklin Crypto, acquires 250 Digital - Details

Institutional interest in digital assets continues to expand as tokenized markets attract long-term capital.Franklin Templeton has moved beyond passive exposure to digital assets and is now expanding deeper into active crypto management.

On Monday, the 22nd of June, the $1.78 trillion asset manager completed its acquisition of 250 Digital. The acquisition of the cryptocurrency management firm included the team and all its liquid cryptocurrency strategies previously run by CoinFund.

After the acquisition, Franklin Templeton officially announced that they had established a new division called Franklin Crypto. The division would be responsible for providing actively managed digital asset products to institutional investors

Franklin Templeton launches Franklin Crypto, acqui

Kaia’s order blocks reveal a fresh bearish bias as short positions absorb new entries, while Sign registers a sharp volume uptick suggesting growing accumulation. Anchor’s trend settles into consolida

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeHut 8 to pay $2.35 million to settle investor suit over U.S. Bitco

Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin mergerFormer bitcoin miner Hut 8 (HUT) agreed to pay $2.35 million to settle a securities class action alleging it misled investors in connection with its 2023 merger with U.S. Bitcoin Corp. (USBTC).

The lawsuit, filed in the U.S. District Court for the Southern District of New York, focused on Hut 8's all-stock merger with USBTC, which closed in November 2023.

Investors alleged the company, which now focuses on AI data centers and high-performance computing, overstated the transaction's benefits while failing to disclose persistent energy curtailment and internet connectivity issues at King Mountain, a Texas bitcoin mining joint venture in which USBTC held a 50% interest.

The litigation gained momentum after short seller J Capital Research published a critical report in January 2024, prompting a slide of more than 23% in Hut 8's share price.

According to a court filing, the $2.35 million recovery represents roughly 19.6% of the estimated maximum recoverable damages, exceeding the 12.9% median and 14.6% average recovery rates for Securities Act-only settlements in 2025.

As part of the agreement, Hut 8 denies any wrongdoing or liability. Hut 8 shares have gained more than 640% over the past year.

Bitcoin Mining
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

Hut 8 to pay $2.35 million to settle investor suit

$ORCA IS SHOWING A CLEAN TECHNICAL PATTERN ON THE LOWER TIMEFRAMES 📈 The price action on $ORCA is currently carving out a constructive base after a period of consolidation. We are seeing a steady incr

GBPJPY pared some of its gains on board-based Pound sterling weakness. It hits an intraday low of 213.28; now it is about 213.40. TechnicalsCMP -213.40Trend4- Hour chartValue  55 EMA214.10CMP valueBul

Pound-Yen Pullback: GBP/JPY Slips Below Key EMAs as Sterling Weakness Fuels Bearish Bet on 210 - Eco

Fed chair Kevin Warsh is going to assess the bank’s monetary policy before the House Financial Services Committee. The hearing is set for July 14, and only weeks remain till the meeting of the FOMC. W

Fed Chair Kevin Warsh Faces Congress on July 14 Amid Rate Hike Debate

HTXCommunity4thAnniversary

$BTC A cute yellow baby chick named "Mina" standing next to a professional crypto trading chart. The chart shows NEAR Protocol breaking out from a macro compression zone and accumulation range. Large clear text on the image says: "MINA is breaking away from the macro levels of compression, showing promising signs as accumulation occurs on the lower timeframes. Key Support$BTC : $2.8 - $3.5 Targets: • $5.6 • $8.5 • $10.8 - $13.1 • $16.5 - $20.5 Accumulation Range Expanding" Cute cartoon chick, crypto trading theme, bullish green candles, upward arrows, professional infographic style, bright colors, high quality, YouTube thumbnail design, 4K, eye-catching, modern crypto artwork.

$BTC A cute yellow baby chick named "Mina" standing next to a professional crypto trading chart. The chart shows NEAR Protocol breaking out from a macro compression zone and accumulation range. Large clear text on the image says: "MINA is breaking away from the macro levels of compression, showing promising signs as accumulation occurs on the lower timeframes. Key Support$BTC : $2.8 - $3.5 Targets: • $5.6 • $8.5 • $10.8 - $13.1 • $16.5 - $20.5 Accumulation Range Expanding" Cute cartoon chick, crypto trading theme, bullish green candles, upward arrows, professional infographic style, bright colors, high quality, YouTube thumbnail design, 4K, eye-catching, modern crypto artwork.

TradFi Trading Strategies Sharing Challenge

1$ Margin Trade

SpaceX IPO Unlock Timeline

A Panoramic View of the Solana Privacy Ecosystem: The Complete Privacy Stack from Computation to AI

The 'Chip' Challenge and Breakthroughs in China's Optical Industry Chain

Ethereum Advances Glamsterdam Upgrade Ahead of Planned 2026 Launch

Cursor's New 1.5T Model Abandons Kimi Foundation, $60 Billion Stock Swap for Cursor, Musk's First Move Targets Microsoft's GitHub

3B Small Model's Programming Scores Rival Opus 4.5, Mysterious Model Sparks Heated Discussion, Turns Out to be Domestic

Breaking: Google Gemini Co-Head Poached by OpenAI

Intel CEO Liwu Chen's First Podcast Interview: Our Goal is '10x in 5-10 Years', Betting on Advanced Packaging, Glass Substrate, and Synthetic Diamond

Optical Chips: Collective Capacity Expansion

Google's AI Talent Loss: A Stress Test or a Prelude to an 'Obituary'?

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