Shezobaba

June 12, 2026 will go down as one of the biggest days in market history. SpaceX — Elon Musk's rocket company — officially went public. Here's the full story, and what it means for crypto traders.
📈 The Numbers
SpaceX set a fixed IPO price of $135 per share, valuing the company — including Starlink and xAI — at roughly $1.75 trillion, and raising about $75 billion, the largest IPO on record. (Grayscale)
Shares opened at $150 (11% above IPO price) and closed Day 1 at $161, a 19% gain from the IPO price. (BitcoinEthereumNews.com)
Today, SPCX trades around $160.95, with a day range between $149.34 and $176.52. (CoinDesk)
🤯 Why Crypto Traders Care So Much
This isn't just a stock story — it's a crypto market structure story.
Before the official listing, non-US crypto traders got exposure through pre-IPO perpetual futures on exchanges including Binance, Coinbase, and WEEX — with Binance moving first in May. (Grayscale)
The result? SpaceX perpetual futures (SPCXUSDT) are now Binance's second-largest traded product, after Bitcoin perpetuals — with Binance capturing over 60% market share across CEX and DEX venues, and over $5.6 billion in 24-hour trading volume. (Tradingkey)
Think about that for a second. A traditional Nasdaq IPO is now driving more derivatives volume on a crypto exchange than almost anything except Bitcoin itself. The line between "TradFi" and "crypto" is dissolving in real time.
⚠️ The Allocation Chaos
It wasn't smooth for everyone. Binance, Bybit, and Bitget all had to cancel tokenized SpaceX stock allocations due to share shortages, with Binance specifically canceling its Wallet SPCXx IPO campaign and issuing refunds. (Binance)
Demand was roughly four times the available supply. (Binance) This shows the appetite for SpaceX exposure was bigger than even crypto exchanges anticipated.
The good news?
SPCX-linked perpetual futures on platforms like Hyperliquid continued trading actively, with $322.5 million in 24-hour volume and open interest over $293 million. (BitcoinEthereumNews.com) Futures markets absorbed the demand even when tokenized share products couldn't.
🌍 The Bigger Market Context
SpaceX's listing coincided with growing prospects of a peace agreement between the US and Iran, helping drive major US indices higher for a second consecutive session. (GitHub)
This matters because — remember our recent posts about $BTC struggling under geopolitical fear? A potential Iran ceasefire + the biggest IPO in history landing well = risk appetite returning across both stocks AND crypto simultaneously.
📊 Trading Options Right Now on Binance
$SPCX Perpetual Futures
Leveraged derivatives
✅ Live, #2 most traded
bStocks (SPCXB)
1:1 tokenized real shares
✅ Available
Direct $SPCX on Nasdaq
Traditional stock
Requires broker
🎯 What This Means Going Forward
The SpaceX IPO is a signal: public market events are becoming crypto market events. When a Nasdaq debut becomes a crypto exchange's #2 product overnight, traditional finance and crypto aren't separate worlds anymore — they're the same liquidity pool.
For $BNB holders specifically: more high-profile products like this = more volume = more fees = more utility demand for BNB as Binance's native token.
Are you trading $SPCXUSDT futures or holding bStocks?
Vote below 👇
🧧 Red Pocket for best SpaceX trade idea!
Not financial advice.
DYOR.

The Fear & Greed Index is sitting at 11 — Extreme Fear.
Your timeline is full of doom. Everyone's talking about crash. And $BTC has been tested at $70,000 three times in 7 days.
Three times. And it hasn't broken once.
That's not a weak market. That's a fortress being built in plain sight.
🏦 What's Actually Happening at $70K
Three tests of the same level without breaking = one thing: buyers are showing up every single time sellers push price down there.
Who are those buyers? The data tells us:
🐋 Whale wallets (1,000+ BTC) logged net inflows of 8,400 BTC in the past 48 hours
📉 Futures funding rates collapsed to +0.002% — leverage completely cleaned out
📊 Open interest still elevated at $28.3B but with no excess leverage pressure
🏛️ Strategy Inc. holds 738,731 BTC — hasn't sold a single coin
Translation: retail is scared. Institutions and whales are loading. Classic crypto script. Same one we saw before every major rally this cycle.
📅 What Happens Today — Two Market-Moving Events
⏰ 08:30 ET — US Core PCE Data
The Fed's favourite inflation gauge drops this morning. Two scenarios:
Cool number → rate cut hopes return → risk assets including $BTC rally
Hot number → more Fed hawkishness → short term pressure continues
This single data point could swing $BTC by $2,000–$3,000 in either direction today. Set your alerts. 🔔
⏰ 14:00 ET — $1.8B BTC Options Expiry
$1.8 billion in BTC options expire today. Max pain level sits near $71,000. Expect volatility spikes around expiry time — and potentially a sharp directional move after the dust settles.
Must hold or more pain
🎯 The Historical Stat Nobody Is Talking About
Every single time the Fear & Greed Index dropped below 15:
📈 #BTC走势分析 averaged +12.4% returns over the following 30 days
📊 Sample size: 23 instances
We're at 11 right now. That's below 15. That's historically one of the strongest buy signals the market produces.
The market is basically holding a clearance sale and hanging a sign outside that says:
"⚠️ DANGER — DO NOT BUY — TOO SCARY"
...just to keep the weak hands away while whales shop. 😂
The Bottom Line
Short term: choppy, volatile, macro-driven. PCE and options expiry today will set the tone.
Long term:
$70K fortress holding. Whales accumulating. Leverage cleaned. Supply tightening. 20 million BTC already mined. Only 1 million left forever.
The best trades always feel the worst in the moment.
Are you buying this fear or waiting on the sidelines?
Vote below 👇 🧧 Red Pocket for most detailed response!
Not financial advice. DYOR.