🌌 SpaceX Sets Sights on Historic 2026 IPO

Elon Musk’s SpaceX is progressing toward one of the largest IPOs in corporate history, targeting more than $25-30 billion in proceeds with a valuation potentially north of $1.5 trillion. The aerospace giant has begun discussions with major banks on timing, potentially mid-to-late 2026, and confirmed Musk’s public nod to the plan has reignited investor enthusiasm.
This move comes as SpaceX further expands its Starlink satellite internet business, a key driver of revenue growth, and reorganizes parts of its bitcoin treasury ahead of the listing. If completed, the IPO could not only reshape capital markets but also attract other unicorns back to the public stage.

🏦 Federal Reserve Cuts Rates by 25 bps, but Flags Caution

In a widely anticipated move, the U.S. Federal Reserve lowered its benchmark interest rate by 25 basis points, bringing the range to 3.50%–3.75%. While markets welcomed the cut, Fed Chair Jerome Powell emphasized a data-dependent, cautious outlook — noting the committee is “well positioned to wait and see” before further adjustments.
The decision reflected internal division within the Fed as policymakers balance cooling inflation with economic resilience. Broader projections show moderate growth and a possible additional cut in 2026, shaping expectations for both risk assets and crypto sentiment amid shifting macro tides.

🔐 Binance Co-CEO Yi He Targeted in WeChat Hack Scheme

A coordinated pump-and-dump attack exploited Binance Co-CEO Yi He’s compromised WeChat account, orchestrating fraudulent MUBARA token activity designed to manipulate prices. The incident underscores ongoing security risks for crypto leadership and community platforms, as threat actors increasingly target executive social accounts to sow confusion and profit from volatility.
Binance and Yi He’s team are actively responding to secure the account and investigate the breadth of the breach, a timely reminder of prominent figures’ vulnerability in decentralized networks.

📈 Gemini Wins CFTC Approval for U.S. Prediction Markets

Cryptocurrency exchange Gemini Titan received a Designated Contract Market (DCM) license from the U.S. Commodity Futures Trading Commission (CFTC), allowing it to launch regulated prediction markets. After a lengthy five-year process, Gemini’s license enables “yes/no” event contracts, like forecasting Bitcoin’s year-end price, and positions the exchange alongside established players in a burgeoning regulated derivatives space.
This comes amid broader market adoption of forecast-style instruments, and Gemini plans to expand into futures, options, and perps in the future, potentially reshaping its product suite and user engagement.