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Musk’s rocket and satellite maker, SpaceX preps for insider share sale at $400B valuation
Musk’s rocket and satellite maker, SpaceX preps for insider share sale at $400B valuation

Share link:In this post: SpaceX is planning an insider share sale at a $212 per-share price, which would value the company at $400 billion. Starlink’s rapid growth and strong cash reserves are fueling investor confidence, alongside dominance in global satellite launches. Risks remain, including Starship’s technical setbacks, potential political fallout, and governance concerns over limited access to private share deals.

Cryptopolitan·2025/07/16 03:30
U.S. firms turn to bonded warehouses as tariffs surge, can they avoid extra costs?
U.S. firms turn to bonded warehouses as tariffs surge, can they avoid extra costs?

Share link:In this post: U.S. firms use bonded warehouses to defer Trump’s rising tariffs until goods are ready for U.S. sale. These facilities carry extra storage fees, stricter monitoring and the risk of even higher duties if tariff rates climb. Tariffs have already brought in over $100 billion this year, with June’s $27 billion haul up 301% from last June.

Cryptopolitan·2025/07/16 03:30
Trump’s push to oust Powell triggers market fears of inflation
Trump’s push to oust Powell triggers market fears of inflation

Share link:In this post: President Trump has renewed calls for Federal Reserve Chair Jerome Powell to resign, criticizing the Fed for not cutting interest rates. Markets are reacting with fears of higher inflation, leading to rising long-term Treasury yields and increased borrowing costs. Experts warn that political pressure on the Fed risks undermining its independence, which could destabilize financial markets.

Cryptopolitan·2025/07/16 03:30
「Crypto Week」 Setback: House Vote Goes Awry, Trump Steps in to Turn the Tide
「Crypto Week」 Setback: House Vote Goes Awry, Trump Steps in to Turn the Tide

The U.S. House of Representatives has scheduled a new round of procedural vote to take place at around 00:20 tomorrow morning Beijing time. If passed, this will be followed by related debates and a final vote.

BlockBeats·2025/07/16 03:01
SharpLink Gaming Surpasses Ethereum Foundation in ETH Holdings
SharpLink Gaming Surpasses Ethereum Foundation in ETH Holdings

SharpLink Gaming becomes the top ETH holder among public companies, overtaking the Ethereum Foundation.Why This Matters for EthereumLooking Ahead: Institutional Crypto Adoption Grows

Coinomedia·2025/07/16 02:50
Fort Worth Becomes First US City to Mine Bitcoin
Fort Worth Becomes First US City to Mine Bitcoin

Fort Worth launches Bitcoin mining at City Hall, becoming the first U.S. city to do so with three rigs running 24/7.A Public Experiment in InnovationCould Other Cities Follow Fort Worth?

Coinomedia·2025/07/16 02:50
Flash
18:33
The crude oil futures night session listed on the Shanghai International Energy Exchange closed down 3.93%, with a final price of 508.90 yuan per barrel.
The night session of Shanghai gold futures, linked to the Shanghai Gold Exchange, closed down 0.06%, while the night session of Shanghai silver futures closed down 0.07%. Price fluctuations in such domestic bulk commodity night sessions are typically associated with multiple factors, including trends in international commodity markets, expectations for macroeconomic policies, and changes in global supply and demand. The subsequent trend will also continue to be influenced by relevant factors such as the global crude oil supply and demand structure and the trajectory of global inflation.
18:33
The new governor of the Bank of France stated that he does not have hawkish or dovish policy inclinations, and relevant decisions will be entirely based on data.
Emmanuel Moulin, Governor of the Bank of France, revealed that when participating in the European Central Bank's policy-making, all judgments are based on actual economic data, and there is no preset bias toward either raising or lowering interest rates. It is reported that Moulin attended the European Central Bank's monetary policy meeting for the first time last week. At that meeting, all decision-makers unanimously agreed to raise borrowing costs to curb the continued spread of inflation within the economy.
18:26
Iran's Central Bank Governor: MOU Requires US to Unfreeze Iranian Assets
On June 17, Abdolnaser Hemmati, the Governor of the Central Bank of Iran, stated on June 16 local time that in the process of drafting the relevant terms regarding the unfreezing of assets under the Iran-US memorandum of understanding (MOU), all past experiences and historical cases were fully considered. Efforts were made to ensure that the mechanisms set forth in the agreement provide the highest level of assurance for the smooth access and use of these funds. Hemmati noted that the terms of the MOU clearly specify the obligations of the United States regarding the unfreezing of assets, and these obligations are clear and enforceable, requiring the US to fulfill its commitments. He also emphasized that after the signing and implementation of the MOU, necessary technical and banking verifications will be conducted to confirm whether the assets are genuinely unfrozen and can be used. Hemmati stated that these unfrozen funds belong to the Central Bank of Iran, and the management, allocation, and usage of these funds will be determined within the legal framework of the central bank's authority. The central bank will arrange the use of funds based on national needs, economic conditions, and foreign exchange priorities.
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