The post XRP Price Prediction For June 12 appeared first on Coinpedia Fintech News XRP traded at $1.10 on Wednesday, down 0.44% over 24 hours, as the token continued to test a critical support level that analysts say will determine its near-term direction. The $1.13 zone remains the focal point for anyone tracking XRP’s price structure. The token has dipped below it on several occasions over recent sessions only …

The post Michael Saylor Says Confidence in Ethereum Has Collapsed appeared first on Coinpedia Fintech News Strategy chairman Michael Saylor has once again questioned Ethereum’s long-term position in the crypto market. According to him, growing competition from networks like Solana, BNB Chain, Sui, Hyperliquid, and various Layer-2 solutions is weakening Ethereum’s value proposition. Saylor argues that the crypto market is becoming more utility-driven, meaning investors will eventually favor networks that deliver …

The post Velvet Rally Accelerates As SpaceX IPO Fever Reaches Crypto Markets appeared first on Coinpedia Fintech News The Velvet rally isn’t slowing down, and traders may have found a reason why. After surging more than 300% since June 3 and breaking through the critical $0.20-$0.22 resistance zone, Velvet is once again attracting attention as demand shifts toward one of the hottest themes in financial markets: pre-IPO investing. The timing isn’t exactly subtle. …

The post Former Ripple Executive Explains Why XRP Was Always the Answer appeared first on Coinpedia Fintech News When Anthony Ralphs joined Ripple in its early days, the company was a small team working toward goals that most of the financial world had not yet begun to take seriously. Years later, as founder of Nova Modus and one of the few people who watched Ripple’s institutional strategy develop from the inside, his perspective …

The post The $1.75 Trillion Historic Launch: Why the SpaceX (SPCX) IPO is a Must-Watch and How High It Could Soar by 2030 appeared first on Coinpedia Fintech News The SpaceX IPO finally arrives on June 12, and if the hype surrounding the listing is any indication, Wall Street and crypto traders are about to collide in a way rarely seen before. SpaceX is set to begin trading on the Nasdaq under the ticker SPCX, targeting a valuation of roughly $1.75 trillion. The official …

The post Clarity Act News: CFTC Chairman Says 16 Days Left to Pass the Most Important Crypto Bill appeared first on Coinpedia Fintech News The clock is ticking on the most important piece of crypto legislation in American history. CFTC Chairman Michael Selig has said that the CLARITY Act needs to pass, it needs to pass now, and the window to get it done before August is closing fast. The goal, in his framing, is not simply to regulate …

The post Dexsport’s DESU Token Debuts on MEXC with a $40,000 Community Campaign appeared first on Coinpedia Fintech News Web3 betting platform Dexsport today confirmed that its native token, DESU, has gone live for trading on the global cryptocurrency exchange MEXC as of 18:00 UTC. The listing marks the first time DESU is available on a centralized exchange. To mark the event, Dexsport and MEXC have launched a 14-day Dexsport (DESU) Airdrop+ with a …

The post LIVE: SpaceX IPO Prices, Stock Market, Bitcoin and Crypto Price Today appeared first on Coinpedia Fintech News June 11, 2026 17:03:20 UTC BlackRock Reportedly Places $5 Billion Order in SpaceX IPO BlackRock has reportedly placed an order for at least $5 billion in the SpaceX IPO, according to Polymarket. The move signals significant institutional appetite for the listing ahead of tonight’s pricing. June 11, 2026 16:41:13 UTC Investors Pull $13.9 Billion From …

The post BlackRock Leads Heavy Demand for SpaceX IPO Shares appeared first on Coinpedia Fintech News BlackRock has reportedly submitted an order for at least $5 billion of shares in the upcoming SpaceX IPO, with other large asset managers and sovereign wealth funds also placing substantial bids. SpaceX is seeking to raise $75 billion at a share price of $135, while reported demand from individual investors alone has exceeded $70 billion. …

The post Will the S&P 500 Crash Tomorrow? appeared first on Coinpedia Fintech News S&P 500 could face significant pressure following the June 12 IPO of SpaceX, citing its reported $1.75 trillion valuation and potential demand for investor capital. The analysis argues that funds may shift money from existing equity holdings to gain exposure to the IPO and highlights future insider share unlocks as a possible source of selling …