SpaceX surged past a 2.5 trillion dollar valuation after its shares jumped 19 percent at the opening session and added another 10 percent in after-hours trading, bringing it close to Amazon’s market capitalization. The rally followed a massive initial public offering that raised about 85.7 billion dollars, with underwriters purchasing an additional 83.33 million shares amid strong demand.
Ethereum accumulation and crypto market moves
A wallet linked to F2Pool co-founder Wang accumulated roughly 43,019 Ethereum in three purchases during June. With Ethereum trading near 1,810 dollars, the position shows an estimated unrealized gain of 8.64 million dollars, signaling continued confidence in the asset.
Price action across major cryptocurrencies remained mixed. Stellar led large-cap gains with an 11.05 percent increase, followed by Zcash at 8.82 percent and Ethereum at 2.98 percent. Dogecoin declined 2.15 percent, while Binance Coin slipped 0.64 percent.
In the broader market, JTO surged 29.68 percent over 24 hours, while SPACE rose 15.75 percent and VELODROME gained 11.64 percent. Meme tokens such as Korico and ELITE continued to generate strong on-chain activity.
Startup funding highlights ai and payments growth
Hydra Host, an AI server brokerage and data center software firm, raised 100 million dollars in a funding round led by Kindred Ventures, with participation from Nvidia, ARK Invest, and others. The deal valued the company at roughly 800 million dollars, underscoring rising interest in AI infrastructure.
Digital payments firm Interchecks secured 50 million dollars in a Series C round led by Bettor Capital, expanding its real-time settlement solutions for neobanks and payment platforms. Meanwhile, El Dorado raised 9 million dollars in Series A funding led by Paradigm, growing its cross-border payment services across 12 countries with more than 100,000 active users.
Digital assets and equities show strong momentum
Stock-like digital assets posted sharp gains, with AAOX.M rising 24.25 percent, SPCX.M up 23.77 percent, and MUU.M advancing 20.74 percent. In traditional markets, photon and memory-related technology sectors continued to gain traction, with several companies hitting record highs.
Geopolitical tensions and policy developments
The United States and Iran signed a memorandum of understanding endorsed by leadership on both sides, but tensions remained as Iran kept the Strait of Hormuz closed for more than 96 hours. Transit fees were imposed on vessels, and maritime data showed only one major energy carrier passing through during the closure.
President Trump is expected to deliver a national address on July 4. At the same time, technology executives from companies including Nvidia and Adobe urged the administration to ease restrictions on Anthropic’s AI model, arguing current limits hinder cybersecurity advancements.
Trading infrastructure and bitcoin accumulation
Prediction platform Kalshi introduced an internal AI agent named Harrison to test contract structures and trading logic, aiming to reduce operational risks in high-volume event markets.
Strategy disclosed it purchased 1,587 Bitcoin last week at an average price of 63,024 dollars, totaling about 100 million dollars, استمرارing its ongoing accumulation strategy.
Tracking Ethereum’s whale moves and price swings? Use real-time market opportunities to spot your next crypto trade setup.
Disclaimer: The content on this page is provided for general informational purposes only and does not represent the views or financial advice of Toobit. We make no guarantees regarding the accuracy or completeness of this information and shall not be held liable for any errors, omissions, or outcomes resulting from its use. Investing in digital assets involves risk; users should independently evaluate their financial situation and the risks involved. For further details, please consult our Terms of Service and Risk Disclosure.
