Crypto

Bitcoin halves off peak; Strive\'s Matt Cole and Binance founder Changpeng Zhao urge no panic

Bitcoin is down about 50 percent from its peak last October, prompting Strive CEO Matt Cole and Binance founder Changpeng Zhao to urge calm. Zhao said on X that the bear market would not last long and there was no need to panic. Strive bought 32 bitcoin for about $2.1 million. Bernstein attributed weaker inflows to capital shifting into AI, with 2026 inflows falling to about $12 billion from $60 billion in 2025.

Industry

SpaceX IPO: Can retail investors buy the shares? 30 percent allocation

SpaceX’s initial public offering is nearing the end of its subscription period amid surging demand, with multiple institutional investors placing orders of at least $10 billion each, foreign media reported. Total orders have reached $150 billion, exceeding the $75 billion target. SpaceX is offering 555.6 million shares at $135 each. A notable feature is a 30 percent retail allocation via online broker platforms, though eligibility varies by platform.