Bitget Offers SpaceX Exposure Ahead of Planned $1.75 Trillion IPO

The two men accused of kidnapping and torturing a man for his Bitcoin pleaded not guilty, claiming the accuser was seen freely moving around New York during the alleged captivity. The defense lawyers presented purported evidence of the accuser laughing, smoking crack cocaine, and engaging in group sex in videos.

Dogecoin surged 6.32% to $0.20, driven by Elon Musk's apology to Donald Trump, easing political tensions. Bloomberg analysts upgraded Dogecoin's ETF approval odds to 80%, indicating institutional interest. Ethereum rose 2.3% to $2,880 on regulatory optimism and $125 million inflow into ETFs.

GameStop plans to offer $1.75 billion in convertible senior notes to investors, with no interest, maturing in 2032. The company's recent purchase of 4,710 Bitcoin raised questions about its allocation of funds, although it stated the money would be used for general corporate purposes along with potential investments and acquisitions.

Interactive Strength is deviating from the trend of holding Bitcoin by committing up to $500 million to buy Fetch.ai (FET) tokens for its AI integration roadmap. The company's strategy involves acquiring FET tokens for their utility in developing products using Fetch.ai's technology.

Circle's stock, CRCL, has surged over 10% as its USDC stablecoin and cross-chain transfer protocol expand to World Chain, co-founded by OpenAI CEO Sam Altman. The integration automatically upgraded bridged USDC tokens to the new native USDC, enhancing liquidity and security for developers and users.

Senate Democrats Elizabeth Warren and Richard Blumenthal have requested Meta to disclose its stablecoin plans, citing concerns about potential privacy issues and anticompetitive behavior. The lawmakers raised questions about Meta's stablecoin ambitions and its past struggles with scams and privacy breaches.

The House's crypto market structure bill passed in committees, but lobbyists believe its chances of passing this year are near-zero due to various factors, including President Trump's crypto ventures. Bipartisan support for bills has become challenging during Trump's second term.

Invesco, managing $1.8 trillion, appointed JPMorgan blockchain veteran Kathleen Wrynn to lead its billion-dollar digital asset portfolio. Wrynn will oversee tokenized assets, cryptocurrency investments, and initiatives like tokenizing funds.

Privy, a crypto wallet infrastructure company, is set to be acquired by payments giant Stripe, allowing Privy to operate independently under Stripe's umbrella. The acquisition, expected to close soon, aims to enhance global financial services with Privy's programmable vaults technology.

Ethereum, the leading programmable blockchain, has evolved significantly over the years, transitioning from proof of work to proof of stake and increasing its transaction capacity. Despite lower transaction fees, some investors still view Ethereum as undervalued compared to Bitcoin.