SpaceX moves $153 million in Bitcoin after 3 quiet years. Opendoor stock skyrockets as meme stocks resurface. PNC bank and Coinbase are partnering on crypto investing and Study finds Americans are curious about investing in crypto, but hesitant. Jane King has the latest from the NYSE.
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Thanks, Jimmy.
Here's a look at your Coin Street headlines.
SpaceX transferred $153 million in Bitcoin as political tensions rise and the Pentagon opens defense contracts to new bidders.
It's the company's first on-chain activity in 3 years.
In early June, the administration of President Trump reportedly threatened to review or cancel about $22 billion in SpaceX contracts amid the.
Feud between Trump and Musk on X, though most of the contracts were deemed too critical to US interests to eliminate.
The episodes signaled growing political tension and raised questions about SpaceX's long-term strategy with the US government.
Well, meme stocks are back.
Open door shares skyrocketed more than 170% over the past five trading days after being crowned the season's meme stock by traders on Reddit's Wall Street bets.
Previously, a open door shares have soared more than 500% in the past month, trading at around $3.11.
Well, PNC Bank is said to offer crypto services to clients through a new partnership with Coinbase.
With Coinbase support, the US Bank will offer its clients the ability to buy, sell, and hold digital assets without logging out of their accounts.
The move will be made possible through Coinbase's crypto as a service platform.
In turn, PNC Bank will offer Coinbase some of its banking services, and a survey conducted by the National Cryptocurrency Association explored why some people aren't comfortable investing in digital assets.
50% of non-investors say they don't understand it well enough to buy.
The survey found 34% of participants were open to learning more about digital assets, and that's the latest Coin Street headlines.