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SpaceX shares have erased their post-IPO surge as investors question the company’s valuation, spending plans, and near-term financial outlook. SpaceX stock fell to a record closing low of $113.50 on July 27, extending a very sharp reversal that began shortly after the company saw its debut on June 12. The shares have now lost…
Dogecoin Consolidates As Retail Meme-Token Demand Cools
Dogecoin is holding key levels, but the energy around the trade has clearly cooled. The meme-token market often moves in bursts. Retail attention returns quickly, volumes expand, social activity picks up, and tokens like DOGE can move sharply before the broader market has time to process the change. But those bursts do not always last….
Do players actually WANT automation in NFT games?
I’ve been thinking a lot about “agents” in NFT/Web3 games lately. Not just simple auto-clickers, but actual in-game agents/managers that can handle repetitive tasks for players: sending items to missions managing collections trading or listing assets optimizing rewards participating in passive gameplay loops On one hand, it feels great because players don’t need to grind…
The marginal bitcoin seller may be done liquidating, analysts say
Dessislava Ianeva, an analyst at Nexo, made a similar point in an email to CoinDesk. “ETF flows confirm it from another angle. The past ten days split between inflow and outflow, netting slightly positive,” Ianeva said. “Glassnode data shows spot selling pressure has faded. June’s net selling averaged nearly 2,000 BTC a day; July’s has…
Crypto wallet integrated with Telegram introduces crypto trading and yield features
Telegram’s crypto wallet, developed by a third-party company called The Open Platform (TOP), has introduced new features for people who don’t just use Telegram as a messaging app. The updates include multi-asset trading and yield functionalities. Based on the TON blockchain, TOP launched the wallet in 2023. The company reported that over 100 million users…
Bitcoin sellers are tiring but weak demand leaves an 18% fall to $52,900 in play
Bitcoin’s first recovery test sits near $69,000. Its lower on-chain stress boundary sits much farther down, near $52,900. CryptoSlate’s Bitcoin market data shows BTC at $64,672. Reaching the recent-buyer cost basis near $69,000 requires a gain of about 6.69%, while a decline to Glassnode’s displayed realized price of $52,891.91 would represent an 18.22% decline. Those…
