Odaily reports that SpaceX confidentially submitted its S-1 filing to the U.S. SEC earlier this month, planning an IPO at a valuation of approximately $1.75 trillion, with a fundraising target of up to $75 billion. If it goes public in June as expected, it would surpass Saudi Aramco's 2019 record of $29 billion raised, becoming the largest IPO in history. Meanwhile, OpenAI and Anthropic are also planning to go public in the second half of this year, with the three companies expected to attract a combined total of over $240 billion in capital.

Market analysts believe these mega-IPOs could significantly drain liquidity from risk assets, and the crypto market shares the same capital pool. As major crypto assets like Bitcoin and Ethereum have shown high correlation with Nasdaq and U.S. equity risk appetite in recent years, a massive shift of funds toward subscribing to these tech giant IPOs could weaken buying support for BTC, ETH, and altcoins. Analysts point out that Coinbase's listing day in 2021 coincided with a local top for Bitcoin, and SpaceX's IPO could once again mark a major liquidity turning point for the crypto market. (CoinDesk)

According to a financial disclosure report, U.S. President Trump conducted dozens of bond trades in March, totaling millions of dollars. The latest report, released on Friday evening, shows a total of 175 transactions, the vast majority of which were purchases, with only 11 sales. Nearly all of these transactions were bonds, but they also appear to include some bank stocks.

The report did not detail each purchase, but the amounts of dozens of bond purchases were distributed across several ranges, with many reaching at least one million dollars. These bond transactions covered numerous issuers, including Nvidia (NVDA.O), General Motors (GM.N), Netflix (NFLX.O), and Boeing (BA.N). Trump also disclosed that he appears to have bought equity in Bank of America (BAC.N) and Wells Fargo (WFC.N). The specific amounts of the stock purchases were not detailed, but the total value of these four transactions was roughly between $130,000 and $300,000. (Jin Shi)

Odaily reported that Josh Stevens, the new Vice President of Engineering at Polymarket, stated on the X platform that the platform's business growth rate has far exceeded the capacity of its existing infrastructure, and the team has significantly under-invested in scaling efforts previously. The current engineering team is focusing all its efforts on system upgrades, including optimizing on-chain data latency, advancing chain migration to secure greater block space and lower gas costs, addressing transaction cancellation issues, improving website responsiveness and user experience, and rebuilding the CLOB (Central Limit Order Book) system.

John stated that the team is also developing a unified TypeScript SDK, a unified API, new Polymarket contracts, and an upcoming perpetual contracts (Perps) system. They are maintaining daily collaboration with four security teams to ensure fund safety. He emphasized that engineering updates will be released weekly going forward, acknowledging that current engineering capabilities have not matched Polymarket's market position, adding "the next few months will prove everything."

Odaily: Market sources report that President Trump will send Witkoff and Kushner to Pakistan for peace talks with Iran's Foreign Minister.

Odaily reported that, according to Arkham monitoring, the core associated address of LAB recently transferred funds to 3 Bitget deposit addresses (0xDd7..., 0x659..., 0xb11...) for aggregation. According to statistics, these three addresses received a total of 100 million LAB tokens, worth approximately $64.96 million, and the funds have subsequently entered the Bitget hot wallet.

0x6593aa6c31C88397c37f71259625EC92Fe4EE0bF

0xDd77BFbDc11Cd37fD255AE35A4ac39Df1F9d570a

0x6593aa6c31C88397c37f71259625EC92Fe4EE0bF

The current circulating supply of LAB is 230.4 million, and the total amount received by these three addresses accounts for approximately 43.4% of its circulating supply. LAB is now quoted at $0.6496, down 0.74% in 24 hours, with a circulating market cap of approximately $149 million. A single aggregation and deposit of over 40% of circulating tokens may indicate potential large-scale sell-offs or market maker adjustment actions in the future.