Bank of America: Expects Fed to Raise Rates Three Times This Year

June 22 — According to Bitget market data, U.S. space sector concept stocks posted a sharp collective decline, with major individual stocks seeing the following losses: Virgin Galactic fell over 12%, KULR Technology dropped 4.42%, Rocket Lab declined 9.32%, Firefly Aerospace slipped 9.21%, and SpaceX fell 9.82%.

June 22 – Per an official announcement, Bitget has rolled out its U-based ARX perpetual contract, supporting up to 20x leverage. The platform’s contract trading bot is also available concurrently. For more details, head to Bitget’s official platform.

June 22: Data from the trade.xyz platform shows the DRAM (Memory Chip Companies ETF) briefly surged past $81.2 to hit a fresh all-time high, before retreating to $80.75. As of the latest update, the ETF has posted a 1.28% gain over the past 24 hours, with a trading volume of $63.4 million in that period.

June 22: Per Bitget market data, SpaceX dropped more than 9% intraday to $168.21, pushing its market capitalization down to $2.21 trillion. Separately, sources report SpaceX has engaged multiple banks to organize six fixed-income investor conference calls scheduled for June 22. The company is expected to issue U.S. dollar-denominated senior unsecured notes with maturities ranging from 5 to 30 years. Bank of America Securities, Citigroup, Goldman Sachs, JPMorgan, and Morgan Stanley have been tapped to facilitate these investor calls.

June 22. Per Crypto in America, as the U.S. Congress enters a two-week recess ahead of this Thursday, the cryptocurrency industry is pressing ahead with its push for the Clarity Act. Senators and industry representatives will continue negotiating on the Agriculture Committee’s draft text, ethics provisions, and anti-money laundering rules, with the goal of moving the bill to the Senate floor for a vote after the recess. Meanwhile, the Cryptocurrency Political Action Committee is ramping up support for pro-crypto candidates. Protect Progress, a Fairshake subsidiary, has put about $5.5 million behind Maryland’s 5th District Democratic primary hopeful Adrian Boafo, plus roughly $1.5 million toward New York’s 15th District Congressman Ritchie Torres’ re-election campaign. The Blockchain Leadership Fund, backed by Anchorage Digital and Chainlink, is also throwing its support behind Boafo. Separately, Fairshake doled out around $12 million last week to help Alabama Republican Senate primar

On June 22, according to web monitoring site DownDetector, users reported issues accessing X, Reddit, and other platforms.