Prices
SpaceX's $2T IPO reveals huge Bitcoin bet
SpaceX filed its S-1 with the SEC, revealing 18,712 bitcoin on its balance sheet and a target valuation of up to $2 trillion. If it hits the upper end, the listing would surpass Saudi Aramco as the largest IPO in history and push Elon Musk toward becoming the world's first trillionaire. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
CoinDesk 20 performance update: Internet Computer drops 1.6%, leading index lower
Hedera (HBAR), down 1.3% from Wednesday, joined Internet Computer (ICP) as an underperformer.
CoinDesk 20 performance update: Uniswap (UNI), up 3.7%, leads index higher
Bittensor (TAO) gained 2.1%, joining Uniswap (UNI) as a top performer.
CoinDesk 20 performance update: Bitcoin Cash (BCH) rises 2.1%
NEAR Protocol (NEAR), up 2.8%, was also a top performer.
CoinDesk 20 performance update: Bitcoin Cash (BCH) drops 13% as all assets decline
Bittensor (TAO), down 9.6% over the weekend, joined Bitcoin Cash (BCH) as an underperformer.
CoinDesk 20 performance update: BNB is only gainer as index drops 2%
BNB (BNB) rose 0.4% while Bitcoin (BTC) fell 1.3% from Thursday.
Cerebras IPO values AI chipmaker at $40B
Cerebras priced its IPO at a $40 billion valuation, nearly 5x what it was worth eight months ago. The AI capital boom is pulling investor attention and money away from crypto, with SpaceX and OpenAI listings still to come. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
CoinDesk 20 performance update: Bittensor (TAO) rises 1.7%, leading index higher
Ripple (XRP) gained 1.6%, joining Bittensor (TAO) as a top performer.
CoinDesk 20 performance update: SUI drops 3.2% as index trades lower
Bittensor (TAO), down 2.7% from Tuesday, joined Sui (SUI) as an underperformer.
eBay rejects GameStop's $56B bid
eBay's board rejected GameStop's $56 billion takeover bid, calling it "neither credible nor attractive." Now questions are growing over whether CEO Ryan Cohen will sell the company's $368 million bitcoin position to make the deal look more credible. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
