Crypto_GR

🫂🤝 Many thanks to Binance for this gift. Another dream come true. I am very happy and grateful. Many thanks also to everyone who supports me daily.

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📉US stocks are taking a hit as the dollar hits a new high

The US stock market lost nearly $1.2 trillion at the start of the session.

Prices dipped after the Dollar Index (DXY) reached its highest level in over a year, raising concerns among traders and impacting the financial markets.

Glassnode Detects Possible Signals of a New Altseason

The Altcoin Cycle Signal from Glassnode has surged to 86 points out of 100, a level typically associated with the onset of a favorable season for altcoins.

According to the data, selling pressure on altcoins has eased since mid-April. Meanwhile, most of the recent market sell-offs have been focused on Bitcoin.

This shift has pushed the indicator into a positive trend for altcoins, which could signal the start of a stronger period for these cryptocurrencies.

SpaceX stocks back to IPO price

SpaceX shares have wiped out all the gains since their IPO. Over the last four market sessions, the company's valuation plummeted nearly $700 billion, and the stock price dropped more than 10% in just one day.

Now the stock is trading close to its initial price, just above $150. This means many investors who bought in after the IPO are in the red.

After this heavy sell-off, $SPCX has slipped to the ninth spot among the world's most valuable assets by market cap.

A Japanese pension fund is looking to dive into crypto

One of Japan's major pension funds is planning to start investing in cryptocurrencies this year.

This idea has been under the microscope for several years. The decision-makers believe that the crypto market is now more robust and trustworthy, thanks to the influx of investors and companies getting in on the action.

Moreover, they think these investments can help spread out risks and reduce dependence on the US dollar.

The fund is backed by around 1,200 companies and over 20,000 workers nationwide.

This is the chart for $APT , and most altcoin charts are looking the same.

Many Bitcoin miners are losing money

According to JPMorgan's analysis, Bitcoin has been trading below the estimated production cost for miners for several months now.

Currently, the average cost to mine 1 $BTC is around $78,000 based on estimated models, although this figure can vary significantly depending on electricity prices and the efficiency of each operation. Meanwhile, the market price is hovering around $62,500.

Due to this disparity, about 20% of miners are operating at a loss.

To cover their expenses, publicly traded mining companies have sold over 32,000 BTC in the first quarter of 2026, surpassing their total sales for all of 2025.

ChatGPT sparked the idea for STRC

The founder of Strategy, Michael Saylor, shared that the concept for the preferred shares STRC emerged after a convo with ChatGPT.

STRC is a financial product that allows Strategy to raise funds to scoop up more bitcoin, while investors snag a fixed return.

Interestingly, this product, developed with a little help from AI, is currently in a rough patch. Its shares dipped down to about $82.50, even though their par value is $100, which pushed the yield for investors up to around 11.5%.

GM👋

Over $185 million in long positions got liquidated in the last 60 minutes.

SBF talks about launching a new token after prison

Former FTX head, Sam Bankman-Fried (SBF), mentioned in an interview that he might create his own cryptocurrency token when he gets out of the slammer.

He’s currently serving a 25-year sentence for the FTX collapse and is still trying to secure a pardon. He also claims his actions weren’t that severe, as clients eventually got their funds back.

SBF also commented that he is:

Writing a book
Helping other inmates
Thinking about new business projects for the future

Elon Musk's fortune has surpassed $1.3 trillion after SpaceX's IPO. That's more than the total market cap of Bitcoin.

To break it down:

• The gap between Musk and the second-richest person is about $1 trillion

• Even if he got liquidated for $1 trillion today, he'd still be the richest person on the planet

• Every time SpaceX's stock pumps by $1, Musk's net worth skyrockets by roughly $6.4 billion

SpaceX breaks above $210 and becomes the sixth largest public company

SpaceX shares have surged past $210, just days after its IPO. From its debut price of $135, the stock has shot up over 55%.

This strong rally has pumped the company's market cap above $2.5 trillion, making SpaceX the sixth most valuable public company in the world, overtaking TSMC.

Some investors are already speculating that the firm could hit a valuation between $10 and $30 trillion down the line if it maintains its long-term growth.

😲 Polymarket users are betting that Cristiano Ronaldo will cry at the 2026 World Cup

A new prediction market on Polymarket is catching attention with a curious question: Will Cristiano Ronaldo cry during the 2026 World Cup?

Right now, bettors are giving a 71% probability that it will happen, and the total betting volume has already surpassed $89,000.

There's an important condition: if Ronaldo cries off the field or in the locker room, it doesn't count. The tears must be during the official broadcast of the match for the bet to be valid.

Zcash bounces back after a fresh security audit

Zcash is showing a strong recovery after a new security audit that boosted investor confidence.
The project’s co-founder, Zooko Wilcox, explained that an additional review conducted with Anthropic's Claude Mythos model found no major new vulnerabilities in the protocol.

This news comes after Zcash experienced a drop of over 50% due to a detected flaw in the network. Now, market sentiment has improved, and the price of ZEC is nearing $500.

In the last 24 hours, $ZEC has risen by around 17%, while trading volume has surged over 50%, indicating renewed interest from investors.