SK Hynix picks Nasdaq for US listing as AI chip demand sends its market cap past $1 trillion

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SpaceX completes largest IPO in history, lists on NASDAQ at $1.77 trillion valuation

SpaceX's historic IPO reshapes market dynamics, highlighting retail investor power and challenging crypto's role in equity access. The post SpaceX completes largest IPO in history, lists on NASDAQ at $1.77 trillion valuation appeared first on Crypto Briefing.

Jun 13, 10:51 AM

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CoreWeave joins Nasdaq 100 as AI boom redraws market leaders

CoreWeave and Nebius have secured places in the Nasdaq 100 after Nasdaq announced that both companies will be added to the index before trading begins on June 22. According to Nasdaq’s quarterly index rebalance announcement, CoreWeave and Nebius will join…

Jun 13, 5:59 AM

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Major crypto exchanges cancel SpaceX IPO allocations, promising refunds

Elon Musk’s SpaceX completed its landmark IPO on the Nasdaq on Friday, but crypto users seeking tokenized exposure to the IPO were left empty-handed after allocations fell through.

Jun 13, 2:17 AM

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Canaan breaks efficiency record while one-third of capacity sits idle

Canaan has achieved a record fleet efficiency of 17.9 J/TH in North America even as roughly 36% of its installed mining capacity remained inactive at the end of May. According to a June operational update from Canaan, the Nasdaq-listed Bitcoin…

Jun 12, 11:28 PM

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Marvell hires Adobe CFO Dan Durn as Wall Street pivots toward chipmakers

Marvell's strategic hire signals a shift in investor focus towards AI hardware, highlighting potential growth in semiconductor-driven innovation. The post Marvell hires Adobe CFO Dan Durn as Wall Street pivots toward chipmakers appeared first on Crypto Briefing.

Jun 12, 9:09 PM

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Elon Musk becomes world’s first trillionaire as SpaceX debuts on Nasdaq

Musk's trillionaire status highlights the transformative power of tech-driven industries, reshaping global wealth dynamics and investment strategies. The post Elon Musk becomes world’s first trillionaire as SpaceX debuts on Nasdaq appeared first on Crypto Briefing.

Jun 12, 8:56 PM

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CoreWeave and Nebius shares jump on Nasdaq 100 inclusion

CoreWeave and Nebius shares jumped after Nasdaq said both AI infrastructure companies will join the Nasdaq 100 index later this month. The post CoreWeave and Nebius shares jump on Nasdaq 100 inclusion appeared first on Crypto Briefing.

Jun 12, 7:46 PM

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Bitcoin falls to 15th in market cap rankings as BTC trades 49% below ATH

Bitcoin has fallen to 15th place among global assets by market capitalization. CompaniesMarketCap data placed BTC below several technology companies, Saudi Aramco, and newly listed SpaceX. The ranking came as Bitcoin traded near $63,800 with a market value of about…

Jun 12, 7:27 PM