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Is the Constraint of Reputation and Trust Still Effective in an Increasingly Murky Market?
Share link:In this post: Trump launched a new crypto venture where he profits early and his supporters lose money again. His past projects—Truth Social, $Trump, $Melania, and NFTs—left late investors with major losses. The new WLFI token offers no profits or ownership but funnels 75% of sale proceeds back to Trump.
Share link:In this post: Jerome Powell hinted at a possible September rate cut but admitted the Fed is facing a “challenging situation.” Fed officials are divided over inflation, weak hiring, and whether to cut rates now or wait. Trump threatened to fire Governor Lisa Cook and continues to pressure the Fed to lower rates.
Share link:In this post: Only 37% of Americans trust Powell to manage the economy, near record-low levels. Powell hinted at upcoming interest rate cuts during his final Jackson Hole speech. Trump attacked Fed official Lisa Cook and installed loyalists to reshape the central bank.
- 06:12SpaceX plans to sell internal shares at an $800 billion valuation and aims to go public in the second half of next yearForesight News reported, citing Jinse Finance, that according to sources familiar with the matter, SpaceX is in negotiations to sell internal shares, a deal that would value Elon Musk’s rocket and satellite manufacturer at $800 billions. If confirmed, this new transaction would once again make SpaceX the world’s most valuable startup, surpassing the previous record valuation of $500 billions set by OpenAI in October. This valuation marks a significant increase compared to the per-share price of $212 set in July, when the company raised funds and sold shares at a $400 billions valuation. Two people familiar with the discussions revealed that SpaceX has informed investors and representatives of financial institutions that the company plans to conduct an initial public offering (IPO) in the second half of next year. The negotiations come as SpaceX is considering selling shares held by investors.
- 06:12Grayscale applies to convert Sui Trust into an ETF, plans to list and trade on NYSE ArcaForesight News reported that Grayscale submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) on December 5, 2025, applying to rename the Grayscale Sui Trust to Grayscale Sui Trust ETF. Currently, these shares are traded on the OTCQX market under the ticker symbol "GSUI". Once the registration statement attached to this prospectus becomes effective, the trust intends to list these shares on the New York Stock Exchange Arca (NYSE Arca), with the ticker symbol remaining "GSUI".
- 06:12Jupiter: HumidiFi's new round of public sale will restart at 23:00 on December 8, with anti-bot measures to be addedForesight News reported that Jupiter announced the new HumidiFi (WET) public sale will restart at 23:00 on December 8 (UTC+8). Jupiter will cooperate with the HumidiFi team to implement additional anti-bot measures. In addition, participants of the original public sale (December 4) will soon receive refunds.