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 US Stock Market Crash Today, SpaceX IPO, Crypto Market News [ LIVE] Updates – June 11th appeared first on Coinpedia Fintech News June 11, 2026 16:10:00 UTC Two Wall Street Firms Start SpaceX Coverage Ahead of Friday Debut Oppenheimer and New Street Research both initiated coverage on SpaceX Thursday, a day before the company lists on the Nasdaq under the ticker SPCX at $135 per share.vOppenheimer gave the stock an outperform rating with a 12 to 18 …

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 …

The post AI Stocks Crash as Investors Assess Potential SpaceX IPO Impact appeared first on Coinpedia Fintech News Shares of major AI-linked companies, including Alphabet, Microsoft, Meta Platforms, and Oracle Corporation, declined ahead of the expected SpaceX IPO, contributing to weakness in the broader S&P 500. Market observers estimate more than $200 billion in combined market value was erased from the four companies during the session. Some traders suggest capital may be rotating …

The post SpaceX IPO Impact on the U.S Stock Market appeared first on Coinpedia Fintech News A market commentator warned that the upcoming SpaceX IPO could trigger selling across stocks and cryptocurrencies as investors raise cash to buy shares. The argument centers on the IPO’s reported $1.75–$2 trillion valuation and demand exceeding available shares by more than four times. Supporters of this view say oversubscribed investors may sell existing holdings to …

The post SpaceX IPO Stock Market Impact – What To Expect? appeared first on Coinpedia Fintech News Elon Musk’s SpaceX is just hours away from launching the biggest IPO in history, while seeking to raise $75 billion. Demand has already exceeded supply by nearly four times. Now, investors are wondering where the money will come from.  If investors sell their existing holdings to secure a Space IPO, that could create a liquidity …

The post When Does SpaceX IPO Go Live appeared first on Coinpedia Fintech News SpaceX is officially going public tomorrow, Friday, June 12, 2026, listing on the Nasdaq under the ticker SPCX. Final pricing locks in tonight at an expected $135 per share. This historic debut matters because it marks the largest IPO in history, valuing Elon Musk’s aerospace giant at an unprecedented $1.8 trillion. Next, public trading will …

The post XRP News: Ripple Upgrades $60 Billion US-Mexico Payment Corridor With XRP Ledger appeared first on Coinpedia Fintech News Every year, approximately $60 billion flows between the United States and Mexico through remittances and cross-border business payments. Most of it still moves through a system built on correspondent banking rails that have not fundamentally changed since the 1970s. Ripple and Bitso are now making a move to change that. The two companies announced an …