Tech stocks were led slightly higher as the S&P 500 approached record levels following the Israel–Iran ceasefire. Major U.S. stock indices were mixed as the S&P 500 approached its all-time high. On Wednesday, June 25, the Dow Jones was down 151.95 points, or 0.35%, while the tech-focused Nasdaq gained 0.24%. The S&P 500 was mostly flat, trading at 6,090 points, close to its February all-time high of 6,144. Stocks are stabilizing after a major rally earlier this week on the Iran–Israel ceasefire. Just days ago, tensions had threatened to escalate into a broader regional war, with the U.S. facing another potential Middle East entanglement. Now, markets are adjusting back to their normal dynamics. Crude oil prices also rose 2% to $65 per barrel after dropping from the monthly highs reached during the conflict. On the other hand, tech stocks are gaining as traders see signs of potential rate cuts this year. Dow Jones Industrial Average heatmap | Source: TipRanks Nvidia near ATH, Trump looking for Powell’s replacement In particular, Nvidia had strong gains , rising 3.4% to $152.93. This puts it on track to surpass its intraday all-time high of $153.13, last seen in January. The rally also pushed Nvidia’s market cap to $3.71 trillion, surpassing Microsoft’s $3.65 trillion. You might also like: Retail traders dumped $258m in Nvidia stock: Will they buy Bitcoin instead? The rally was likely fueled by Bank of America’s guidance on the stock, which identified it as the leader in AI chips. Moreover, Nvidia and the broader AI sector could benefit from the easier monetary policy that U.S. President Donald Trump is advocating. After months of pressuring Federal Reserve Chair Jerome Powell, Trump stated that he is actively seeking a replacement. The President said he is now down to 3 or 4 candidates to replace Powell as Fed Chair. Trump did not say whether he would fire Powell before his term officially ends in May 2026. Read more: Big Tech is too big to win the AI future | Opinion
Metaplanet, a Japanese-listed company, has made a landmark move by raising $515 million to significantly expand its Bitcoin holdings, signaling a major shift in corporate treasury strategies. This bold capital
Gaming retailer GameStop (GME) has raised an additional $450 million through the additional sale of zero-coupon convertible senior notes, the company announced in a filing with the U.S. Securities and Exchange Commission (SEC) on Tuesday. This latest move follows last week’s $2.25 billion private bond issuance, bringing the total capital raised to $2.7 billion. The additional notes were sold upon the full exercise of a 13-day greenshoe option granted to the initial investor. The notes, due 2032, are convertible into GameStop Class A common shares at $28.91 per share, a 32.5 percent premium to the volume-weighted average of the shares at the time of the initial offering on June 12. Related News: Fearless Giant Whale James Wynn Couldn't Resist: Revealed His New Bitcoin (BTC) Position and Expectations! GameStop said it will use the capital raised for general corporate purposes and in line with the company’s investment policy, which includes investing in digital assets like Bitcoin (BTC) as treasury reserves. The company joins the ranks of public companies adopting the practice of holding crypto reserves, following a similar path to the cryptocurrency strategy pursued by Strategy, led by Michael Saylor. GameStop implemented the strategy by purchasing 4,710 Bitcoins for about $500 million following its $1.3 billion bond offering in May. *This is not investment advice. Continue Reading: GameStop, One of the Most Talked-About Companies in the US, Makes Another Move to Purchase a Massive Amount of Bitcoin
A sharp drop in BTC inflows to Binance could play a role in Bitcoin possibly rallying to $120,000.
After dropping crypto in 2023, SoFi is getting back in the game with Bitcoin and Ethereum trading, stablecoins, lending, and beyond.
Chinese electric vehicle maker BYD has quietly dialled back its rapid expansion, cutting shifts at several Chinese plants and postponing new assembly lines, according to insiders. These changes hint that BYD’s blistering growth, which propelled it past Tesla to become the top EV maker, may be running into headwinds as inventory mounts, even after hefty price reductions in China’s fiercely competitive market. BYD cancels all night shifts as production falls Sources familiar with the matter, speaking on condition of anonymity, say BYD has scrapped all night shifts at no fewer than four factories. Production in some plants has plunged by as much as one-third of their maximum capacity. It appears the move was partly to curb costs and partly a reaction to sales figures falling short of lofty targets. Data from the China Association of Automobile Manufacturers shows BYD’s year-on-year output growth slowed to just 13% in April and virtually zero in May, the weakest pace since the Lunar New Year holiday slump in February 2024. What is more, average monthly production in April and May this year was nearly 30% below the final quarter of 2024, marking a clear reversal of the ramp-up seen in 2023 and early 2024. In addition to trimming shifts, BYD has paused plans to add fresh production lines, one insider added. This has reportedly reduced the output capacity of at least four of the company’s factories by a third. According to CarNewsChina, the reasons behind this action were cost savings and failing to meet targets. The company, which sold 4.27 million vehicles last year, predominantly in China, had aimed for about 5.5 million sales in 2025 , roughly a 30% increase. But with dealers now sitting on nearly 3.2 months of stock, double the industry average, BYD is reassessing its build-out timetable. BYD’s pricing strategy caused massive sell-offs BYD’s aggressive pricing strategy, which cut the entry-level model to just 55,800 yuan (around $7,800), sparked a broader sell-off among Chinese auto stocks and forced rivals to follow suit. Yet dealers warn that steep discounts have eaten into margins and strained cash flow. A major dealership chain in Shandong province even shut down 20 outlets under pressure from swelling unsold inventories. Industry groups have stepped in, too. In early June, the China Auto Dealers Chamber of Commerce urged manufacturers to set “reasonable” production plans that reflect actual retail demand, rather than flooding showrooms with excess cars. Soon after, the China Automotive Dealer Association surveyed its members and found BYD’s average inventory was the highest among all brands. Amid these challenges, Chinese regulators have begun scrutinising the sector more closely, concerned that an unbridled price war could destabilise suppliers and dealers. Many automakers are now looking overseas to offset sluggish domestic demand: BYD exported roughly 350,000 of its 1.76 million vehicles sold in the first five months of 2025, tapping markets in Southeast Asia, Europe, and Latin America. Despite the slowdown, BYD remains bullish on its long-term outlook. It continues to roll out new, budget-friendly models and invest in battery technology, hoping to maintain its lead in the electric revolution. But for now, the company is choosing to cool its frenetic expansion, aiming for smarter growth rather than simply more volume. But earlier this month, BYD launched its new Dolphin Surf model in Rome, with the aim of reaching millions as it consolidates its market share in Europe and continues to surpass rival Tesla. In the UK, where the Dolphin Surf costs £18,650 in its base trim, BYD jumped from 1,611 cars sold through April to almost 12,000 sold during the same period this year. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
ISRAEL AND HAMAS HAVE SHOWN INTEREST IN GETTING DEAL DONE: WSJ
GameStop has successfully raised $2.7 billion through convertible senior notes, signaling a strategic shift that may include Bitcoin as part of its treasury reserves. The additional capital was secured via
BitcoinWorld Revolutionary Republic Tokens: Access SpaceX Private Equity Now! Have you ever dreamed of investing in groundbreaking companies like Elon Musk’s SpaceX, long before they hit the public market? For most of us, such opportunities have been exclusive, reserved only for wealthy individuals and institutional investors. But what if that barrier was crumbling, thanks to innovative financial platforms and the power of blockchain? The landscape of investment is undergoing a significant transformation, and a key player leading this charge is Republic, with its pioneering offering of Republic tokens . Unlocking Exclusive Opportunities: What Are Republic Tokens ? In a world where access often dictates opportunity, Republic is stepping up to democratize the private investment space. Their latest initiative involves selling digital tokens designed to give everyday investors a piece of highly sought-after private companies. Imagine owning a slice of a company like SpaceX, a venture typically beyond the reach of the average person. That’s precisely what Republic aims to make possible. These Republic tokens are not just a digital receipt; they are structured to represent an economic interest in the underlying private company. The valuation of these tokens is tied to secondary market evaluations, meaning their price reflects the current perceived value of the private company. If the company achieves a liquidity event, such as going public through an IPO or being acquired, token holders are entitled to a share of the price increase. This mechanism opens a powerful new avenue for wealth creation that was previously locked behind high minimum investments and exclusive networks. Key Characteristics of Republic Tokens: Accessibility: Lowers the barrier to entry for private market investments. Valuation: Prices are based on secondary market assessments of the underlying company. Upside Potential: Holders benefit from price appreciation upon a liquidity event (IPO or acquisition). Liquidity (Future): While currently focused on long-term holding, the tokenized nature hints at potential future secondary trading markets. Democratizing Wealth: How Retail Investors Can Access Private Equity For too long, the world of private equity has been a closed garden, flourishing primarily for accredited investors – individuals or institutions meeting specific income or asset thresholds. This has created a significant disparity in investment opportunities, limiting the potential for ordinary retail investors to participate in the early growth stages of revolutionary companies. Republic’s tokenization model directly challenges this traditional structure. By issuing tokens, Republic is effectively fractionalizing ownership in private companies. This means that instead of needing to commit hundreds of thousands or millions of dollars, a retail investor might be able to purchase tokens representing a much smaller, affordable stake. This shift is not merely about access; it’s about empowering a broader segment of the population to participate in the wealth-building potential of innovative startups and pre-IPO giants. It’s about leveling the playing field and ensuring that the next big success story isn’t just for the already wealthy. Benefits for Retail Investors: Feature Traditional Private Equity Tokenized Private Equity (Republic) Minimum Investment High (e.g., $250,000+) Potentially much lower (e.g., $100s or $1,000s) Investor Type Accredited investors, institutions Retail investors, accredited investors Access to Companies Limited, network-dependent Broader, platform-driven Liquidity Very low, long lock-up periods Currently low, but potential for future secondary markets Beyond the Hype: The Promise of SpaceX Tokens and Other Private Giants The mention of SpaceX immediately captures attention, and for good reason. SpaceX, under the visionary leadership of Elon Musk, is at the forefront of space exploration, satellite internet (Starlink), and humanity’s journey to Mars. It’s a company with immense growth potential, yet its shares have remained exclusively in private hands. The prospect of investing in SpaceX tokens through Republic represents a monumental shift. However, Republic’s ambition extends beyond just SpaceX. The platform aims to offer exposure to a diverse portfolio of private companies across various sectors, from cutting-edge technology and biotech to sustainable energy and consumer brands. This diversification is crucial, as it allows investors to spread their risk while still participating in the high-growth potential of the private market. The ability to invest in these ‘unicorns’ before they go public is a game-changer, offering the chance for significant returns that were once the sole domain of venture capitalists and institutional funds. Why are private companies so appealing? Private companies, especially those in high-growth sectors, often experience their most significant value appreciation during their private phase. By the time they go public, a substantial portion of their growth trajectory may have already occurred. Accessing these companies pre-IPO means getting in on the ground floor, potentially yielding far greater returns than investing post-IPO. The ‘SpaceX tokens’ are just one shining example of the caliber of opportunities Republic is striving to bring to a wider audience. The Mechanics of Innovation: Understanding Tokenized Assets At the heart of Republic’s groundbreaking offering lies the concept of tokenized assets . But what exactly does that mean? In essence, tokenization is the process of converting rights to an asset into a digital token on a blockchain. This digital representation can then be easily bought, sold, and transferred, much like a cryptocurrency, but with the underlying value tied to a real-world asset – in this case, a share or economic interest in a private company. Blockchain technology provides several advantages for this process: Transparency: Transactions are recorded on an immutable ledger, enhancing trust and auditability. Fractional Ownership: Assets can be easily divided into smaller, more affordable units, enabling broader participation. Efficiency: Automated processes and smart contracts can streamline issuance, transfer, and management, reducing intermediaries and costs. Potential for Liquidity: While current regulations might limit immediate secondary trading, the underlying technology facilitates the creation of liquid secondary markets in the future, unlike traditional private equity which is highly illiquid. For Republic’s tokens, the structure involves creating a legal wrapper around the private company interest, which is then represented by the digital token. This ensures that the token holder has a legitimate claim to the economic benefits, such as a share of the proceeds if the company is sold or goes public. It’s a sophisticated blend of traditional finance and cutting-edge blockchain technology. Navigating the Future: Challenges and Opportunities in Private Equity Tokenization While the promise of tokenized private equity is immense, it’s crucial to approach this nascent field with a clear understanding of both its opportunities and the challenges it faces. The primary concern, as highlighted by the Wall Street Journal, revolves around the tokens’ legality and regulatory scrutiny. Challenges to Consider: Regulatory Uncertainty: The legal framework for tokenized securities is still evolving globally. Regulators are grappling with how to classify and oversee these new financial instruments, which can lead to delays or changes in offerings. Liquidity: Despite the inherent promise of blockchain for liquidity, secondary markets for private company tokens are still nascent. Investors might face long holding periods before they can exit their positions. Valuation Complexity: Valuing private companies can be inherently difficult due to limited public information. While Republic relies on secondary market evaluations, these can be less transparent or volatile than public market valuations. Investor Protection: Ensuring robust investor protection mechanisms in this new landscape is paramount. Clear disclosures, robust security, and dispute resolution mechanisms are vital. Opportunities on the Horizon: Wider Capital Access: Tokenization can open up new capital sources for private companies, moving beyond traditional venture capital and institutional funding. Global Reach: Blockchain-based tokens can transcend geographical boundaries, allowing companies to raise capital from a global pool of investors. Enhanced Transparency: The inherent transparency of blockchain can lead to more efficient and trustworthy private market transactions. Innovation in Finance: This movement is driving innovation in financial products and services, potentially reshaping the entire investment ecosystem. Republic’s venture into offering private company tokens, including those with exposure to SpaceX, represents a bold step towards a more inclusive financial future. While the path ahead involves navigating complex regulatory landscapes and building robust secondary markets, the potential benefits for retail investors are undeniable. It’s a testament to how technology can break down traditional barriers, bringing previously exclusive opportunities within reach of a much wider audience. As this space evolves, staying informed and understanding the underlying mechanisms and risks will be key for any aspiring investor looking to tap into the next generation of growth companies. To learn more about the latest crypto market trends, explore our article on key developments shaping blockchain and institutional adoption. This post Revolutionary Republic Tokens: Access SpaceX Private Equity Now! first appeared on BitcoinWorld and is written by Editorial Team
Circle's stock price is down 30% amid a sell-off following a sharp rise of more than 10x as it touched $300 to now trade at around $200.