The post SpaceX IPO Investors Face Short Confirmation Window appeared first on Coinpedia Fintech News

Investors who submitted indications of interest for the SpaceX IPO must confirm their interest after the offering is officially priced, currently expected on June 11. Confirmation converts a non-binding indication into an order to buy shares at the final IPO price. Participating brokerages may open the confirmation window late on June 11 and close it …

The post SpaceX IPO Draws Demand Far Beyond Available Shares appeared first on Coinpedia Fintech News

SpaceX has reportedly received orders for more than four times the shares available in its upcoming IPO, signaling strong investor demand. The company aims to raise about $75 billion at a reported valuation of $1.8 trillion, which would make it the largest IPO on record, exceeding the listing of Saudi Aramco. The offering is being …

The post Trump Says U.S. Mission Restored Strait of Hormuz Oil Traffic appeared first on Coinpedia Fintech News

President Donald Trump said a secret U.S. mission helped secure oil shipments through the Strait of Hormuz after Iran closed the waterway on March 4 following the death of Supreme Leader Ali Khamenei in U.S. and Israeli airstrikes. The announcement came after U.S. forces struck Iranian targets with 49 Tomahawk missiles and jet attacks in …

The post Fold Sells $45 Million in Bitcoin to Repay Debt and Fund Expansion appeared first on Coinpedia Fintech News

Fold, a Nasdaq-listed Bitcoin financial services firm, sold approximately $45 million worth of Bitcoin at an average price of $71,000 as part of a broader capital restructuring plan. The company used about $20 million of the proceeds to repay Bitcoin-backed secured debt, with the remaining $25 million allocated to business growth initiatives. The move matters …

The post Japan’s Three Largest Banks Target Stablecoin Launch in FY2026 appeared first on Coinpedia Fintech News

Three major Japanese banks—MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation—plan to begin live commercial transactions using a jointly issued stablecoin during fiscal year 2026. The banks have signed a memorandum of understanding to establish a council that will oversee governance, operations, and infrastructure planning. The initiative matters because it represents a significant step …

The post Humanity Protocol Reveals Cause of $31M Exploit appeared first on Coinpedia Fintech News

Humanity Protocol has confirmed that the June 8 attack resulted from a compromised developer machine infected with malware. The attacker gained root access and obtained seven private keys that had been unintentionally backed up to the device during the project’s mainnet launch, including the admin hot wallet key and six Safe owner keys across Ethereum …

The post Asian Stock Market Crash Today appeared first on Coinpedia Fintech News

Asian stock markets suffered a major selloff today, with more than $1 trillion in market value erased across the region. South Korea, Japan, and China led the decline. The biggest losses came from the KOSPI (-357 trillion won), Nikkei (-21 trillion yen), Shanghai (-0.83 trillion yuan), Shenzhen (-1.36 trillion yuan), Hang Seng (-0.44 trillion HKD), …

The post U.S CPI Expectations Today appeared first on Coinpedia Fintech News

The U.S. Consumer Price Index (CPI) report will be released today at 8:30 AM ET, making it one of the most important economic events of the month. Inflation data directly influences expectations for Federal Reserve interest rates. A CPI reading below 3.5% could revive hopes for rate cuts and support stocks and crypto. A reading …

The post What Time is the U.S CPI Report Release Today? appeared first on Coinpedia Fintech News

The U.S. Consumer Price Index (CPI) report will be released Today that is 10th June at 8:30 AM ET. CPI measures inflation and is a key indicator for Federal Reserve policy decisions. Lower-than-expected inflation could boost stocks and cryptocurrencies by increasing expectations of interest rate cuts. Inflation matching forecasts may keep markets stable. Higher-than-expected inflation …

The post China Extends Gold Buying Streak to Record 19 Months appeared first on Coinpedia Fintech News

China added 10 tonnes of gold to its reserves in May, its largest monthly purchase since January 2025. The move follows an 8-tonne addition in April, marking the third consecutive month of increased gold buying. The latest purchase extends China’s gold accumulation streak to 19 straight months, the longest since at least 2015, when the …