SpaceX readies $100B share unlock as Bitcoin holds above 64000.

Lead story · bitcoin — Bitcoin steadies above $64,000 as traders watch $100 billion SpaceX unlock (CoinDesk)

The Lead

Bitcoin trades flat above 64000 on light volume while SpaceX prepares to unlock roughly 100 billion dollars in shares. The move adds a concrete supply overhang to a market already pinned near breakeven on the MVRV metric, where holders show scant appetite either to sell aggressively or to bid higher.^[1]^[2] Hormuz disruption and a Fed governor’s fresh readiness to hike rates sit in the background, yet neither has shifted flows or volatility enough to break the standoff. The open question is whether the unlock coincides with any sustained bid or simply widens the range of indifference.

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The Wire

BITCOIN
Bitcoin Red Team reports 5K findings in sweeping security audit — Cointelegraph

BITCOIN
Bitcoin Red Team Finds 85 Critical Flaws Across 390 Open Source Repos After Coldcard Exploit — BTC Magazine

CONFLICT
Fresh Panic As Pentagon Has Used 'Virtually All' Its Long-Range Precision Missiles On Iran — ZeroHedge

ECONOMY
End Of Cheap Food? Five Forces Set To Drive Grocery Bills Even Higher — ZeroHedge

CONFLICT
Strait of Hormuz tolls would harm livelihoods worldwide, shipowners warn — Al Jazeera

ECONOMY
Block slashed 40% of its workforce for AI — and its earnings suggest that’s paying off — MarketWatch

Sources (72)

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