Happy Friday all!

If you missed the past 24 hours in crypto and stocks, here's your full recap:

🚨 Major Headlines & Market Moves 🚨

SpaceX completes the largest IPO in history and begins trading on Nasdaq under ticker $SPCX. Shares surge sharply after opening well above the $135 IPO price, pushing the company’s market cap above $2 trillion and briefly making it one of the top 6-7 largest companies in the world by market cap.

Elon Musk becomes the world’s first trillionaire as SpaceX shares trade actively on debut day, with hundreds of millions of shares changing hands in a single session.

SpaceX discloses holdings of 18,712 BTC, instantly ranking it among the largest public corporate Bitcoin holders.

Bitcoin climbs to $64,133 after bouncing cleanly off its 200-week moving average

Standard Chartered declares the Bitcoin bear market bottom is in at $59,000 and welcomes the start of “crypto Spring.”

The White House signals optimism that the crypto Clarity Act can be passed by July 4th, with officials noting significant behind-the-scenes progress.

Iran and the US advance toward a potential agreement referred to as the “Islamabad Agreement,” with Iranian officials stating that understandings have been reached on a large portion of issues and that final internal conclusions are near.

Iran emphasizes it will not surrender control of the Strait of Hormuz in any deal with the US.

Crypto derivatives platforms see explosive interest in SpaceX exposure, with Hyperliquid’s $SPCX pre-IPO perpetual futures surpassing $1 billion in 24-hour volume and hundreds of millions in open interest.

Some crypto platforms encounter issues delivering SpaceX-related products, leading to canceled campaigns and full refunds for users on certain exchanges.

The DOJ approves Paramount’s $110 billion acquisition of Warner Bros.

The US government orders Anthropic to suspend foreign access to its Mythos Fable 5 AI model over national security concerns.

📊 Altcoin Market Updates 📊

Zcash passes a comprehensive security audit conducted with Anthropic’s Mythos, with no additional serious bugs identified in the protocol.

Solana outperforms several centralized exchanges by bringing SpaceX-related trading products to market first and handling demand without downtime or service issues.

Hyperliquid’s native token reclaims the $60 level amid heavy platform activity driven by high-volume perpetual markets.

If you enjoyed this daily roundup, make sure to follow me – I’ll see you tomorrow.

$BTC $ETH $SPACEX $SPY $QQQ

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Written by Timothy Assi, an Elite Popular Investor on eToro.

Not investment advice. eToro is a multi-asset investment platform. Your capital is at risk. For information and educational purposes only.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

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