Key highlights: The Bitcoin price has already reached its cycle bottom, stated Kendrick. The Standard Chartered analyst believes that BTC is preparing for a bull run. He sees Strategy’s BTC buy, ETF inflows, and oil price fall as the three key developments to watch. As the Bitcoin price continues to break through key levels, Standard […]
Tag: IPO
Key highlights: SpaceX’s IPO has attracted over $250 billion in orders, nearly four times the offering size. Analysts are increasingly questioning whether the record-breaking IPO is pulling liquidity from crypto markets. SpaceX demand surges as investors chase Wall Street’s biggest IPO Investor appetite for SpaceX continues to exceed expectations. According to recent markets also reflects […]
Key highlights: Critics are poking holes in SpaceX’s $1.7 trillion valuation ahead of IPO Morningstar says a fair value estimate is $63 per share rather than SpaceX’s peg of $135. Despite the wave of critics, investors are highly anticipating the IPO scheduled for June 12. SpaceX is forging ahead with its planned $135 IPO share […]