Search results for BTCC
Industry
SpaceX IPO day nears; three variables investors should watch
Arbitrage competition is intensifying in crypto markets over SPCX-USDC synthetic perpetual futures ahead of SpaceX’s planned Nasdaq listing on June 12. The contract on Hyperliquid already reflects a valuation around $2 trillion, while the IPO targets $1.75 trillion and $75 billion in fundraising. Investors are watching how quickly synthetic prices converge to the stock after trading begins, potential U.S. regulatory scrutiny of pre-IPO synthetic products, and SpaceX’s disclosed holding of 18,712 bitcoin.
Crypto
Crypto firms raise World Cup profile without top-tier FIFA sponsorship
Crypto companies have failed to secure top-tier official sponsorship at the 2026 FIFA World Cup, but they are expanding their influence across the tournament through national team sponsorships, prediction markets and fan promotions, the report said. FIFA has named ADI PredictStreet as its first global prediction-market partner, while other platforms continue without FIFA rights. FIFA is also developing an Avalanche-based blockchain and has moved FIFA Collect to the new chain.
Crypto
BTCC lists SpaceX-linked perpetual futures with up to 50 times leverage
Crypto exchange BTCC has launched a perpetual futures product linked to SpaceX pricing, listing the SPACEXUSDT contract in its tokenised stocks section with up to 50 times leverage. The move targets retail demand for exposure to major private companies. BTCC said early trading demand for traditional-market themed products has been strong and stressed SPACEXUSDT has sufficient liquidity. It is also running promotions, while warning that leverage can amplify both gains and losses.