MetaMask supports the HyperEVM network

Leading real-world asset (RWA) trading platform MSX (Maitong) has officially launched the claim page for its ecosystem token MSX, with a total token supply of 1 billion units. Eligible users can now log in to the platform to submit their claims. The genesis airdrop and related incentive allocations will be unlocked over three months. After completing the claim process, tokens will be directly credited to users’ platform personal accounts, pending the official launch of the platform’s spot trading system. The official stated that MSX tokens will later serve as ecosystem credentials for participating in the platform’s US stock token trading and Pre-IPO project subscriptions, while related lock-up and VIP benefit matrices are currently in internal testing and ongoing development.

Prediction market platform Predict.fun data shows that the 2026 US-Mexico-Canada World Cup group stage match between England and Panama will kick off at 5 AM Beijing time on June 28. Current prediction win probabilities stand at 86% for England (ENG), 6% for Panama (PAN), and 11% for a draw. The data indicates the market has given higher support to traditional powerhouse the Three Lions ahead of the fixture.

Nasdaq has confirmed that SpaceX (SPCX) will be added to the Nasdaq 100 index on July 7, a move that could spark a wave of passive fund buying for the stock. Index inclusions typically boost share prices, as ETFs tracking the index are required to purchase stocks of newly added companies. JPMorgan Chase estimates that SpaceX’s addition to the Nasdaq 100 could bring $4.3 billion in passive capital inflows. SpaceX went public on Nasdaq on June 12. To attract more companies to list in the U.S., Nasdaq and other index providers including FTSE Russell and MSCI have previously relaxed some inclusion requirements, such as profitability, post-listing days, and the number of tradable shares. SpaceX has swung between steep losses and small profits over the past three years, posting a net loss of $4.9 billion last year. Michael Field, chief stock market strategist at Morningstar, said: "Clearly, there is strong market demand, which is why they moved quickly to include it in the index." He added that while many will be pleased with the move, some fund managers and skeptics do not necessarily agree, and Morningstar views the stock as overvalued. Investors typically gain broader market exposure through funds like Invesco’s QQQ and QQQM, which track the Nasdaq 100. Additionally, large language model companies such as OpenAI and Anthropic are expected to file for IPOs this year or next, and may seek valuations exceeding $1 trillion. However, S&P Global said this month it will not adjust its requirements for SpaceX to be included in major indices like the S&P 500, and will not consider adding it to such indices for at least 12 months.

Ripple CEO Brad Garlinghouse told CNBC in an interview that he remains bullish on Bitcoin, but believes Strategy’s model of buying Bitcoin via preferred stock financing has harmed the crypto market. “Financial engineering does not drive long-term value,” Garlinghouse said, adding that the long-term value of any digital asset comes from its utility. He also noted, “Michael Saylor’s team hasn’t focused on the right things, which is hurting the overall market.” Garlinghouse’s criticism centers on the financing mechanism Strategy uses to accumulate Bitcoin. Over the past year, Strategy has raised funds by issuing preferred stock to continue purchasing Bitcoin. Its STRC stock carries an 11.5% annual dividend yield and was designed to trade near $100. Garlinghouse pointed out that STRC is currently about 25% below that level, calling it a “harsh rejection” of the strategy. STRC hit an all-time low on Thursday, dipping roughly 26% below its face value at one point. Meanwhile, Strategy’s common shares fell to their lowest since February 2024, closing at around $82 on Friday; Bitcoin, meanwhile, dropped below $59,000. This week, Strategy’s financing model has faced more pressure. CryptoQuant advised Strategy to pause Bitcoin purchases and rebuild cash reserves. STRC’s dividend coverage period has shrunk from over 7 years to roughly 14 months. When STRC falls below $100, the mechanism where the company issues stock to buy Bitcoin stalls, which is why the firm suspended that mechanism. Mark Palmer, an analyst at Benchmark-StoneX, argued that Strategy’s financing engine has merely become “less efficient” rather than failed entirely, and pushed back against comparing STRC to assets that have collapsed completely.

Crypto analyst Ali Charts said in a post that Bitcoin chart signals indicate a market bottom is forming, and the current period may be one of the better long-term entry windows over the past decade. Over the last 10 years, the 200-week simple moving average (SMA) has served as a critical benchmark for identifying Bitcoin cycle bottoms. Historically, whenever Bitcoin has touched or fallen below this MA, it has typically opened a macro accumulation window. He cited examples: Bitcoin hit the 200-week SMA in August 2015, triggering a bull run that pushed its price up over 8,500%; it tested the MA in December 2018 before rallying 267%; during the March 2020 liquidity crunch, Bitcoin validated the 200-week SMA as support, then surged 1,125%; and in June 2022, Bitcoin broke below the MA for the first time, consolidated under it until December 2022, and once it reclaimed the level, it rallied 680%. Currently, Bitcoin’s 200-week SMA stands at $63,500, while the cryptocurrency trades at roughly $60,000, slightly below that level. Based on a decade of market history, he views this as a key accumulation zone for long-term investors. He also noted Bitcoin could still dip further to $54,000, or even $40,000. As such, he recommends dollar-cost averaging into positions across the $58,000 to $40,000 range to build exposure in the technically discounted area. The $63,500 level is a critical watchpoint: once Bitcoin reclaims the 200-week SMA on the higher time frame and confirms it as macro support, history shows this typically marks the early stages of a new bull market.

Tokenized financial products infrastructure Metal has closed its seed funding round, co-led by Airwallex and Capital49. As part of the investment, Airwallex has joined Metal as its first design partner. Positioned as an infrastructure tailored for tokenized financial products, Metal aims to deliver full-stack infrastructure for all types of tokenized financial products and services, covering institutional-grade privacy and compliance, native proxy support, identity and authorization, plus global on/off ramps for as many countries and currencies as possible.