Top News

Trump: Will Strike Iran Again

Trump stated that a strike against Iran was carried out yesterday and will be repeated today, claiming Iran has agreed not to possess nuclear weapons—only requiring the signing of documents. (Jinshi)

Robinhood Director Increases Stock Holdings by Nearly $20 Million, HOOD Rises 6.67%

Robinhood director Meyer Malka repurchased 250,000 shares of HOOD at approximately $81, bringing his total holdings to 8 million shares; cumulative purchases over the past week exceed $50 million. This triggered a 6.67% increase in HOOD, closing at $89.36.

U.S. Senators Push for SEC Delay on SpaceX IPO

U.S. Senator Warren urges the SEC to delay SpaceX’s IPO and calls for regulatory review. (Jinshi)

Industry Highlights

SpaceX IPO Could Become Short-Term Pressure on Bitcoin

Analysts believe SpaceX’s upcoming IPO—planned at $135 per share, raising $75 billion, with a valuation of ~$1.77 trillion—may prompt some investors to liquidate crypto assets to free up capital for subscription, acting as short-term pressure on Bitcoin. Meanwhile, platforms such as Hyperliquid and Binance have already launched perpetual contracts and tokenized stock products tied to SpaceX, meaning IPO hype could also drive on-chain transaction volume growth. (The Block)

CFTC Launches Public Consultation on Structured Framework for Predictive Market Contracts

CFTC Chair Mike Selig announced a public comment period aimed at establishing a structured framework to assess the types of events underpinning predictive market trading contracts, providing long-term transparent regulatory guidelines. He emphasized this would not be the final rulemaking on predictive markets, and the agency will continue balancing market integrity with innovation support.

Old Liquidity Pool on Raydium Suspected of Attack, $1.34 Million in Assets Stolen

Chain security analyst Specter disclosed that an old liquidity pool on Solana DeFi protocol Raydium was compromised, resulting in theft of approximately $1.34 million in assets—including USDC, RAY, and wSOL. The attacker has bridged funds to Ethereum and deposited them into Tornado Cash for mixing.

CryptoQuant: Bitcoin Bottom May Be Near $53,600, Demand Still Significantly Weak

CryptoQuant suggests Bitcoin may find bottom around $53,600 (current realized price), a level historically aligned with bear market troughs. However, the report stresses current demand conditions are "extremely unfavorable," and a genuine bull market recovery will require noticeable improvement in demand—current on-chain data shows no such signs. (The Block)

Project Updates

Mastercard Launches AI Payment Protocol “Agent Pay for AI,” Enabling Direct AI-to-AI Payments

Mastercard unveiled the AI payment protocol Agent Pay for AI, enabling AI agents to make small-value payments (e.g., pay-per-access to data), with human-granted permissions recorded on blockchain. Initially, permission data is stored on Polygon, an Ethereum-based network, with participation from Adyen, Coinbase, and Cloudflare in development. The company expects the protocol to become a new scalable market within five years. (Fortune)

Solana Infrastructure Firm Helius Acquires Light Protocol to Advance On-Chain Privacy Infrastructure

Helius announced the acquisition of Light Protocol, which will refocus on developing privacy solutions for Solana, combining its ZK cryptography capabilities with Helius’ infrastructure strengths to build ZK-based privacy protocols for confidential payments and private DeFi. Helius plans to open related infrastructure to developers in the coming months. (The Block)

TradeXYZ Confirms SPCX Will Not Rebase: Initial Share Count Was Only Example, Now Removed from Docs

TradeXYZ clarified in a post about the SPCX pre-market contract that the product is a price-based perpetual futures contract tracking single-stock price, with neither total shares nor company market cap serving as pricing inputs. Previously listed share counts were merely illustrative examples and have now been removed. Once SpaceX completes its IPO and sufficient external price data becomes available, SPCX will switch to standard external oracle pricing.

Funding & Investment

Tether Leads $1.4 Billion C Round in NEURA Robotics to Build “Machine Economy” and Autonomous AI Infrastructure

Tether Investments, a subsidiary of Tether, announced leading the $1.4 billion Series C funding round for humanoid robotics firm NEURA Robotics—the largest private financing record in robotics and physical AI sectors. Tether CEO Paolo Ardoino stated that WDK and QVAC will empower machines with dual financial and intelligent capabilities, enabling autonomous task execution and transaction completion.

AI Infrastructure Startup TensorWave Raises $350 Million in Series B, Valued at $1.55 Billion

AI infrastructure startup TensorWave completed a $350 million Series B round, achieving a post-money valuation of $1.55 billion, to expand its globally distributed AI infrastructure powered by AMD. (Zhitong Finance)

Insider Voices

Trump: U.S. Will Resume “Fierce Strikes” on Iran—Iran Needs Only to Begin Signing Agreements

In a White House statement, Trump said if a peaceful agreement cannot be reached, the U.S. will take “very tough” actions, stating, “We will attack them, fierce strikes, and resume bombing.” He also expressed hope for a meaningful agreement with Iran, noting Iran only needs to begin signing documents. (Jinshi)

Viewpoint: Participating in SpaceX IPO Is Like Gambling—Similar to Early Crypto Investments

Christophe Boucher, Chief Investment Officer at ABN Amro Investment Solutions, part of Dutch Bank ABN Amro, said participating in the SpaceX IPO resembles buying crypto around 15 years ago—either losing all capital or achieving exponential returns—and advised investors to carefully evaluate risk-reward profiles. (Citywire)

Bloomberg Analyst: LeverageShares to Launch 3x Leverage SpaceX ETF This Week

Bloomberg Senior ETF Analyst Eric Balchunas stated that LeverageShares will launch a 3x leveraged SpaceX ETF this Friday, with USD share ticker ELON, GBP share ticker MUSK, and also introduce a 3x leveraged SK Hynix ETF and a 3x leveraged DRAM ETF.