News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.

Flash
18:10
Federal Reserve Vice Chair for Supervision attends Bank of America private dinner during blackout period, raising compliance concernsGolden Ten Data reported on June 20 that Federal Reserve Vice Chair for Supervision Bowman attended a private dinner hosted by Bank of America for its clients in New York on Wednesday evening local time. According to sources familiar with the matter, attendance at the dinner was by invitation only. Just hours earlier, the Federal Reserve had announced its latest policy decision. The dinner took place during the Fed’s official communications blackout period, which prohibits Fed officials from publicly commenting on the economic outlook or monetary policy for several days before and after meetings; the blackout period lasts until the day after the meeting concludes (Thursday). Although the Fed’s rules do not explicitly ban closed-door meetings, they require officials to avoid sharing personal policy views with anyone who might financially benefit from them, unless such views have already been made public. The rules also state that officials should not confer any reputation advantage on a company over its competitors. According to the Fed’s communications policy, policymakers are advised to exercise caution and strict adherence to this principle when arranging meetings with individuals who could profit from exclusive access to Fed officials, or when considering invitations from for-profit organizations or meetings not open to the public and the media. It remains unclear whether Bowman’s attendance at this dinner, as the regulator in charge of bank supervision, constituted a violation of these regulations.
17:53
According to Brent crude oil-related position data from Intercontinental Exchange, in the week ending June 16, speculative participants reduced their net long positions by 94,763 contracts, bringing the total net long position down to 114,128 contracts.Such changes in positions usually reflect short-term speculative capital’s expectations for the subsequent movement of international oil prices. A sharp decrease in net long positions often also indicates a temporary cooling of bullish sentiment in the market.
17:44
Equity financing concludes, debt financing takes over! SpaceX issues $20 billion in debt after record-breaking IPOGlonghui, June 20 – SpaceX’s fundraising story is far from over with the IPO. According to Bloomberg, after completing its public listing, SpaceX is now rapidly turning to the bond market to advance its artificial intelligence and orbital data center initiatives. The company has begun preparations for its first bond issuance, with a scale of at least $20 billion. In a research report on June 18, Oppenheimer & Co predicted that SpaceX’s net debt will climb from around $13 billion currently to over $400 billion by 2031, a scale that will surpass almost all listed American companies and more than three times Oracle’s current debt level. Analysts at Goldman Sachs and Evercore ISI estimate that by 2031, SpaceX’s capital expenditure will exceed $1 trillion, with the majority directed to AI-driven business and space data center construction.
News